Grass Is Green Enough for Most CEOs

It seems that more CEOs are hunkering down and waiting out this rocky economy. That is the finding from a new Spencer Stuart study, which says that as of Q1 2009, there have been 17 cases of turnover (a decrease from 22 cases in Q1 2008). Of those 17 placements, 12 out of 17 (71%) of appointed CEOs in the S&P 500 were internal placements.

2009 Quarter 1 S&P 500 CEO Turnover Research
(Click on the chart to increase the size.)