Summary
A recent survey shows that more new CEOs are being hired on a short-term basis. In the first half of 2025, 33% of new CEOs were interim, a big jump from previous years.
Key Facts
- 33% of new CEOs in early 2025 were hired as interim, meaning temporary.
- This is a significant increase from the 5% to 9% in past years.
- The data comes from Challenger, Gray & Christmas, a firm tracking CEO changes for over 20 years.
- This trend is part of a broader move toward short-term executive roles in various company departments.
- Many executives are opting for these temporary CEO positions after initially leaving jobs post-pandemic.
- The concept of a 'CEO gig economy' suggests executives are choosing flexible, short-term roles.