Chief executive departures exceeded 100 for the seventh consecutive month with 119 announced in February, according to outplacement firm Challenger, Gray & Christmas, Inc., New York.
February was also the seventh month in which chief executives of dot.coms led the exit parade. The 24 CEO departures from this sector represented 20% of the monthly total.
In addition, online company CEOs accounted for 22% of the 812 departures announced since August.
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