2014 turned out to be similar to 2013 with respect to senior executive turnover. The economy is improving and employment improved in 2014, but the long term unemployed and slow growth in salaries for most workers continue to be problematic. Liberum Research points out in a recent report that executive turnover totals for C-level executives in North America showed declines from 2009 through the second quarter of 2011. Since then, C-level turnover has been increasing, but this has been in “fits and starts” with 2014 C-level turnover being significantly below that seen in 2008. Liberum believes that the trend will remain about the same through 2015.
The table below details the annual C-level turnover as registered through Liberum Research’s Management Change Database for 2008 through 2014.
| Year | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| Annual Total | 23,307 | 16,241 | 11,555 | 16,849 | 18,910 | 16,392 | 16,350 |
For more information about Liberum’s Online Management Change Database contact Richard Jacovitz at richard@twst.com.