- JP Yim/Getty Images
- During the first three quarters of 2019, 1,160 CEOs left their positions, according to the staffing firm Challenger, Gray, & Christmas.
- This figure exceeds the number of CEOs who departed during the same nine-month span at the height of the 2008 recession (which saw 1,132 CEO departures).
- The tech sector has seen the second-highest number of CEO departures, with 154 executives in that industry leaving their positions.
- Most recently, Gap CEO Art Peck stepped down after 15 years at the company.
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More than 1,000 CEOs stepped down during the first three quarters of 2019, according to a report published by the staffing firm Challenger, Gray, & Christmas – 1,160 executives, to be exact.
Departures in the first nine months of this year exceeded the number of CEOs who stepped down during the first three quarters of 2008 (1,132), which was the height of the Great Recession. This is also the year with the highest CEO turnover in the first three quarters that Challenger, Gray, & Christmas has seen since the firm began tracking departures in 2002.
On October 22, the heads of Under Armour and Nike announced within hours of each other that they were stepping down. On November, the McDonald’s board voted to fire CEO Steve Easterbrook over his relationship with an employee.
Gap CEO Art Peck stepped down on Thursday after 15 years at the company. Gap board member Robert Fisher is serving as interim CEO.
Of the CEOs who left their positions, 438 remained at their respective companies in different roles, 292 retired, and 103 moved to other companies, according to the report, which listed several other reasons for departures as well.
Here are the 30 most noteworthy CEO departures of 2019 thus far:
30. Gap — Art Peck
29. McDonald’s — Steve Easterbrook
28. Wells Fargo — Tim Sloan
27. David’s Bridal — Scott Key
- Cindy Ord/Getty Images
Source: Wall Street Journal
26. Overstock — Patrick Byrne
- Steven Ferdman/Getty Images
25. Under Armour — Kevin Plank
- Brad Barket/Getty Images
24. Care.com — Sheila Lirio Marcelo
- Alberto E. Rodriguez/Getty Images
Source: Wall Street Journal
23. AutoNation — Carl Liebert
- Chris Graythen/Getty Images
Read more: AutoNation replaces new CEO with a new CEO
22. PG&E — Geisha Williams
- Paul Morigi/Getty Images for Fortune
Read more: PG&E says CEO Geisha Williams steps down
21. Kraft Heinz — Bernardo Hees
20. Blue Apron — Brad Dickerson
- Under Armour
19. HP — Dion Weisler
- Business Insider/Julie Bort
18. UnitedHealthcare — Steve Nelson
17. Guess — Victor Herrero
- Rachel Murray/Getty Images
Read more: Guess CEO Victor Herrero to step down
16. Mozilla — Chris Beard
- Gareth Cattermole/Getty Images
15. Boingo Wireless — Dave Hagan
Source: Yahoo Finance
14. REI — Jerry Stritzke
13. Bed, Bath & Beyond — Steven Temares
- Shoshy Ciment/Business Insider
12. Mattress Firm — Steve Stagner
11. Warner Bros. — Kevin Tsujihara
- Emma McIntyre/Getty Images
10. Rite Aid — John Standley
9. Burlington Stores — Tom Kingsbury
- Delivering Good/YouTube
8. Best Buy — Hubert Joly
- Hollis Johnson/Business Insider
Read more: Best Buy CEO Hubert Joly steps down
7. New York Post — Jesse Angelo
- Brendan McDermid/Reuters
6. Colgate-Palmolive — Ian Cook
Source: Financial Times
5. MetLife — Steven Kandarian
- Tomas Bravo/Reuters
4. eBay — Devin Wenig
3. Juul — Kevin Burns
2. Nike — Mark Parker
1. WeWork — Adam Neumann