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August 2010
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TD Magazine

Executives Jump the Leader Ship

A staggering proportion of workers are currently unemployed, and former senior leaders are no exception. One hundred twenty-five CEOs departed from their jobs in May 2010, up 24 percent from 101 departures in April, according to a report from global outplacement and executive coaching firm, Challenger, Gray & Christmas. The figure was the highest since July 2009 when 126 chief executives left their positions during the height of the financial downturn.

"Many companies rode with their C

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