Hospital CEO turnover could slow down due to coronavirus

Across industries, CEO turnover fell 42 percent from January to February, a change coaching firm Challenger, Gray & Christmas said could reflect reactions to the novel coronavirus.

While CEO turnover for hospitals doubled from six in February 2019 to 12 in February 2020, hospital CEO turnover for February of this year is down 33.3 percent from January 2020.

"The slowdown could be a reaction to the outbreak of COVID-19, as companies hunker down and determine their next steps. Making a leadership change during a time of such uncertainty will not inspire confidence in workers nor shareholders," Andrew Challenger, vice president of Challenger, Gray & Christmas, said in a prepared statement.

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