CEO turnover in 2009 falls to lowest point in five years

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The nation’s companies reported that 1,227 chief executives vacated their posts during 2009, the lowest level in five years, according to a survey today.
Last year’s total was 17% less than the record 1,482 departures of 2008 and the smallest annual number since the 663 chief executives who left in 2004, according to Chicago outplacement firm Challenger, Gray & Christmas Inc.

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