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Is the Great Resignation over? Why bosses are leaving at record rates

  • 2023 has witnessed an unprecedented surge in CEO departures, surpassing 1,400 resignations from January to September, marking a nearly 50% increase compared to the previous year.
  • While the Great Resignation for regular workers has eased, CEO turnovers are on the rise as the world adapts to a post-crisis environment.
  • CEOs are leaving for new opportunities, retirement, and due to external pressures like economic challenges, inflation, and supply chain disruptions. Board evaluations also contribute to some CEO departures.
  • CEO departures tied to burnout, intense job demands, and unique mental health challenges, highlighting a gap in addressing executive well-being.

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