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CEO turnover is the highest it’s been in 8 years

The New Year typically brings upheaval among the upper echelon of America’s corporations — but this January saw the highest number of chief executives exit their posts in nearly eight years.

Altogether, 132 CEOs stepped down in January, matching the figure set back in February 2010, according to data released this month by executive recruiting firm Challenger, Gray and Christmas. January’s total represented a 39% increase from December and a 3% uptick year-over-year.

More than a quarter of the departing CEOs will remain at their company in some other capacity — mostly as board members — though six former CEOs stepped down into another C-suite role.

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