Finance chief executive turnover decreased in November, according to a report by outplacement firm Challenger, Gray & Christmas.
Last month, nine CEOs, led by MF Global Chief Executive Jon Corzine, announced they would leave their positions, down from 13 the previous month. So far this year, 118 finance executives have departed their posts, up from 112 in the year earlier period.
The Chicago-based company tallies CEO turnover from company filings and media announcements.
Notable departures include Corzine, who resigned on November 4 after the company declared bankruptcy. Bradley Abelow is acting head as the company gets wound down. Other departures include Gary Votapka of Calif.-based Mission Oaks Bancorp, who will be replaced by Gary Deems, and Tom Dobyns of Calif.-based American Security Bank.
Across all industries, 82 CEOs announced their intentions to step aside in November, up from 79 in September.
Of the 26 sectors covered in the report, healthcare, government and non-profit sectors contributed the most to CEO turnover.
Write to Julie Steinberg at Julie.Steinberg@dowjones.com
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