Table 6
CEO turnover statistics
Voluntary turnover Disciplinary turnover No information Corporate control Total
(1) (2) (3) (4) (5) (6) (7)
Deceased Older Than
63
Retired/Succession
plan
CEO Stayed as
Chair
Resigned Terminated No reason given
1993 1 2 13 4 12 3 0 0 0 35
1994 1 13 45 28 23 2 1 0 2 115
1995 5 15 52 44 51 4 1 0 4 176
1996 3 12 54 44 38 5 1 4 4 165
1997 1 13 61 38 47 5 2 0 6 173
1998 4 17 57 40 57 5 3 1 17 201
1999 1 19 66 41 63 1 2 1 4 198
2000 3 14 81 45 84 5 3 1 8 244
2001 6 23 79 54 76 6 4 0 7 255
2002 3 17 36 44 72 9 0 0 1 182
2003 2 22 34 36 69 10 3 2 1 179
Total 30 167 578 418 592 55 20 9 54 1,923
% of Total 1.6% 8.7% 30.1% 21.7% 30.8% 2.9% 1.0% 0.5% 2.8%