August’s Tepid Executive Turnover Raises Concerns

Liberum’s executive turnover data for August 2013 showed a somewhat confusing trend for the American economy.  All four key executive turnover categories (CEOs, CFOs, C-level Execs and Board of Directors) saw percentage declines from the same month a year earlier yet, August saw increases in each of the four key categories from the previous month of July 2013.  The somewhat confusing trend for August was also seen in the latest monthly employment numbers released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) and ADP’s August Employment Report. August’s Liberum Research’s executive turnover data trended closely with the August monthly Employment Data released from the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) and from ADP’s August Employment Report.  Despite August’s tepid numbers, Liberum expects excutive turnvoer to trend upward as we move into the fall.