In an uncertain business environment, American companies are shaking up their management.
A record number of CEOs left their jobs last quarter, according to a report released Wednesday by job placement firm Challenger, Gray & Christmas. The number who departed their posts in 2018 is the highest annual total since 2008, when the financial crisis hit.
The high level of departures is in part because companies are concerned about the outlook for the economy and markets, according to Andrew Challenger, the firm’s vice president. The job market remains very strong, but the stock market is rocky, and many economists predi