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“A record number of bosses left in January, on the heels of an all-time high set in 2024. Why experts say the trend likely will continue.

Rank-and-file workers and many top executives have looked at the current job market and decided to stay. But one group isn’t sticking around—and it happens to be the people holding the highest job. According to a recent estimate, some 222 CEOs left their roles in January, the highest number for the month in at least 23 years. This comes after a record 2,221 top bosses—at US public, private, or government organizations—left their posts in 2024, a figure which itself topped the prior record of 1,914 set a year earlier. Some of these leaders are leaving of their own accord; others are being pushed out. But either way, “it’s truly a generational transition of leadership,” says Tierney Remick, Korn Ferry vice chairman and co-leader of its Board and CEO Services practice.”

Read more in this Korn Ferry article about the Great CEO Exodus HERE.