Top 10 C-Suite Shake-Ups in 2019

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Top 10 C-Suite Shake-Ups in 2019

By CSA Staff - 12/10/2019

From the abrupt departure of Art Peck at Gap Inc. to the planned changing of the guard at Best Buy, the retail industry experienced plenty of noteworthy CEO shake-ups this past year.  

If the turnover has seemed especially high as of late, the retail industry was only part of a larger trend. C-suite departures are set to hit a record high in 2019, according to a report by Challenger, Gray & Christmas. The executive outplacement firm reported that 1,332 CEOs have left their posts to date as of October 2019, 13% higher than the 1,176 CEOs who had announced their exits through the year-ago period. It is the highest January-October total since the firm began tracking in 2002. In one month, October, the retail sector experienced a 57% increase in the number of CEO departures.

This special edition of Daybreaker details some of the departures that rocked the retail industry during the past 12 months.

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