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According to outplacement consultancyfirm , May departures were up 47 perceny from April, when 78 CEOs left theit posts. Last month’s total was unchangecd from May 2008. The financial sectotr had the highest turnovetlast month, accounting for 15 of the 115 CEO changesx recorded. For the year, the still-strugglinb sector has seen 50 CEOs resign, retire, step down or be forcef out. That’s down from 64 financial CEO departures at this poingtin 2008. Despite the financial sector’s problems, it is not the industrg with the highest CEO turnover for the first five monthas ofthe year. The health-care industry has seen 77 CEO departurew so farthis year, including 14 in May.
The 2009 figurwe is down 29 percent from ayear ago, when 109 health-carw CEOs vacated their offices in the firsr five months. So far this year, 502 CEO departuresx have been recorded, nearly 16 percent fewe than the 598 announcexd in the same period ayear ago.
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