Every Major CEO Stepping Down: 2020-2024

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Image Credit: Deposit Photos

CEOs are stepping down at record-high rates.  According to a report from Challenger, Gray & Christmas, Inc….

In 2023, 1,914 CEOs left their posts, a 55% increase from the 1,235 CEO changes in 2022. Last year’s total is the highest on record, surpassing the previous record of 1,640 CEO exits in 2019.”

In this article, you’ll find every notable CEO stepping down since 2020. We looked at all Fortune 100 companies plus every other CEO exit at companies with 1,000+ employees.

 

161 Notable CEOs Stepping Down

Company

CEO

Date

Story

Freeman 

Bob Priest-Heck 

7/1/24 

"Freeman, the global leader in events, announced today that Janet Dell, Freeman’s President,
will succeed Bob Priest-Heck as Chief Executive Officer of Freeman on July 1, 2024."
(source)

Utica National Insurance Group 

Richard P. Creedon 

6/30/24 

"Richard P. Creedon, Chairman of the Board & Chief Executive Officer will retire effective June 30, 2024."
(source)

American Red Cross

Gail McGovern 

6/30/24 

"The American Red Cross announced today that Gail McGovern will retire as president and CEO
of the humanitarian organization on June 30, 2024, after more than 15 years at the helm."
(source)

Trinity Health 

Odette C. Bolano 

6/1/24 

"Trinity Health announced today that Chief Executive Officer of the West Region and President of Saint
Alphonsus Health System, Odette C. Bolano, FACHE, MHA, BSN, will retire in June 2024."
(source)

Levi Strauss & Co 

Chip Bergh 

4/26/24

"Levi Strauss & Co (LS&Co) has announced that Chip Bergh has decided to
retire from the company as of April 26, 2024."
(source)

Viatris 

Rajiv Malik 

4/1/24 

"Viatris Inc., a global healthcare company, announced today that its President,
Rajiv Malik, will be retiring as an executive of the Company effective April 1, 2024."
(source)

Mercer 

Martine Ferland 

3/31/24 

"Mercer CEO and President Martine Ferland will depart at the end of March 2024."
(source)

American Tower 

Tom Bartlett 

2/1/24 

"American Tower Corporation has announced that Tom Bartlett will retire from his
positions as president, CEO, and director of the board from February 1, 2024."
(source)

Helen of Troy 

Julien Mininberg 

2/1/24 

"With the backdrop of its fourth quarter results, Helen of Troy announced its CEO Julien Mininberg
will retire in February 2024."
(source)

Ally 

Jeffrey J. Brown 

01/31/2024 

"Ally Financial Inc. announced today that Douglas Timmerman, president of dealer financial services, will become the company's interim CEO on Feb. 1, 2024, following the departure of current CEO Jeffrey J. Brown on January 31, 2024."
(source)

White Cap 

John Stegeman 

1/28/24 

"White Cap, a distributor of specialty construction supplies and safety products for professional contractors,
announced that John Stegeman has made the decision to retire from his position as CEO of White Cap effective Jan. 28, 2024."
(source)

Goodyear 

Richard Kramer

1/18/24 

"The Goodyear Tire & Rubber Company announced today that Richard J. Kramer has
informed the Board of his plans to retire as Chairman, CEO and President of the Company in 2024."
(source)

Morgan Stanley  

James Gorman

1/17/24 

"James Gorman, who has held the top spot at Morgan Stanley for the past 13 years, is about to call it quits."
(source)

Crown Castle Inc. 

Jay Brown 

1/16/24

"Crown Castle Inc. (CCI) said that Jay Brown has decided to retire as its President, Chief Executive Officer and a Director of the company, effective January 16, 2024."
(source)

Blue Bell Creameries

Ricky Dickson

01/09/2024

"Lawhorn replaces Ricky Dickson, who announced his retirement in September after 43 years with the company."
(source)

Twilio

Jeff Lawson

01/08/2024

"Lawson will step down as CEO and member of Twilio Board."
(source)

JetBlue

Robin Hayes

01/08/2024

"JetBlue said Monday that CEO Robin Hayes will step down next month and be replaced by the airline’s president, Joanna Geraghty, who will be the first woman to lead a major U.S. carrier."
(source)

Humana

Bruce Broussard

1/8/24

"Jim Rechtin will report to Bruce Broussard, CEO, until the latter half of 2024 at which time Broussard will step down and Rechtin will assume the CEO role."
(source)

Conair

Ron Diamond

01/05/2024

"Conair LLC announced this week that its CEO will step down from the position next week. Ron Diamond, who has served as CEO and president since 2018 and worked for 44 years at Conair, will become vice chairman of the company's board of directors."
(source)

Costco

Craig Jelinek

1/1/24

"Costco shared Thursday that Craig Jelinek will step down as CEO at the end of the year.
The board of directors has elected Ron Vachris, president and chief operating officer
since February 2022, as president and CEO, effective January 1, 2024."
(source)

Terex Corporation

John L. Garrison, Jr

1/1/24

"John L. Garrison, Jr. will retire as Chairman and Chief Executive Officer, and a member of the Board of Directors, effective January 1, 2024."
(source)

Associated Wholesale Grocers

David Smith

12/31/2023

"Associated Wholesale Grocers, Inc. President and CEO, David Smith, has retired
as of December 2023. His successor, Dan Funk, has now assumed the role of President and CEO."
(source)

IndyGo

Inez Evans

12/31/23

"After nearly five years at the helm of the agency, IndyGo president and CEO Inez Evans has notified IndyGo
of her plans to depart from her position on December 31, 2023."
(source)

PayPal

Dan Schulman

12/31/23

"US payments giant PayPal’s president and CEO Dan Schulman is set to retire from the company on 31 December 2023.
PayPal says it will soon begin its search for Schulman’s successor, with Schulman set to continue serving on the board of directors."
(source)

Stitch Fix

Elizabeth Spaulding

12/12/23

"The cuts come in tandem with the announcement that CEO Elizabeth Spaulding is stepping down,
after less than 18 months at the helm of the struggling retail company."
(source)

Relativity

Mike Gamson

12/12/23

"Phil Saunders, who joins Relativity with a host of executive-level experience at multiple software providers, will officially step into the CEO role on Dec. 12. Saunders takes over a company that evolved significantly under Mike Gamson during the past few years."
(source)

Shake Shack

Randy Garutti

12/11/23

"Shake Shack CEO Randy Garutti announced Monday morning that he will retire in 2024, after more than two decades with the chain."
(source)

Publix

Todd Jones

11/20/23

"Publix Super Markets is shifting its executive leadership, with current CEO Todd Jones becoming the new Publix executive chairman, current President Kevin Murphy becoming CEO, and current Senior Vice President John Goff becoming president."

(Source)

Bumble Inc.

Whitney Wolfe

11/7/23

"After almost a decade at the helm, Bumble founder and CEO Whitney Wolfe Herd is
leaving her role and transitioning to executive chair. The new CEO of Bumble will be Lidiane Jones,
who is currently CEO of the workplace communication platform Slack."
(source)

Bed Bath & Beyond

Jonathan Johnson

11/6/23

"Just months after Jonathan Johnson spearheaded Overstock.com's acquisition of the bankrupt retail giant, Johnson announced Monday he was stepping down effective immediately, and on the same day the company rebranded to "Beyond."

(Source)

Dollar General

Jeff Owen

10/16/23

"Vasos, who served as Dollar General’s CEO from June 2015 to November 2022, succeeds Jeff Owen, whose separation from the company and resignation from its board was effective Thursday."
(source)

Salinas Valley Health

Pete Delgado

10/10/23

"Salinas Valley Health President and CEO Pete Delgado revealed to his colleagues in a memo
Monday that he is resigning after more than 10 years at the healthcare facility’s helm.
An effective date is yet to be announced."
(source)

Unity

John Riccitiello

10/9/23

"Videogame software maker Unity’s CEO John Riccitiello has retired from
his position effective immediately, the company announced in a press release on Monday, October 9."
(source)

Pitney Bowes

Marc Lautenbach

10/2/23

"Marc Lautenbach has stepped down as President and Chief Executive Officer and as a
member of the Board, effective immediately."
(source)

C&S Wholesale Grocers

Bob Palmer

10/2/23

"C&S Wholesale Grocers has announced that its CEO Bob Palmer will retire on
October 2."
(source)

Beam Suntory

Albert Baladi

10/01/2023

"Beam Suntory said Greg Hughes, the company’s chief growth and brands officer,
will take over as CEO from current head Albert Baladi on October 1, the alcohol maker said in a statement.
Baladi will serve as CEO advisor after stepping down for the rest of 2023 and will be engaged as a senior advisor in 2024."
(source)

Sony Interactive Entertainment

Jim Ryan

9/27/23

"As you will have seen today in the news , I have announced my retirement after nearly 30 years at Sony Interactive Entertainment."
(source)

Walgreens Boots Alliance Inc.

Roz Brewer


Stefano Pessina

8/31/23


7/22/20

"Rosalind Brewer has stepped down as CEO of Walgreen Boots Alliance, leaving the company now with two vacant top executive roles."
(Source)



"Walgreens Boots Alliance Inc said on Monday its biggest shareholder, Stefano Pessina, will step down as the chief executive officer after five years at the helm."

(Source)

Chevron Corporation

Mike Wirth

7/23/23

"Chevron Corporation today announced several senior leadership changes as
well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth."
(source)

Northwestern Mutual

John Grogan

6/30/23

"The leadership change comes as John Grogan, executive vice president and chief insurance officer, announced that he will retire on June 30, 2023 after serving an extraordinary 31-year career with the company."

(Source)

‌InterContinental Hotels Group

Keith Barr

6/30/23

"‌InterContinental Hotels Group’s (IHG) group CEO Keith Barr will be
stepping down from his role as well as from the IHG Board effective June 30."
(source)

Macy's

Jeff Gennette

3/30/23

"Macy’s CEO Jeff Gennette will retire in 2024, the company announced Wednesday. Gennette, 61, has been Macy’s CEO for seven years."
(source)

Starbucks

Howard Schultz

3/20/23

"Starbucks has announced, effective today, that Laxman Narasimhan has assumed the role of CEO
and will join the company’s board of directors. Narasimhan was named incoming CEO on September 1, 2022,
succeeding company founder and former CEO, Howard Schultz."
(source)

YouTube logo

YouTube

Susan Wojcicki

2/16/23

"YouTube's Susan Wojcicki is stepping down, ending a nine-year tenure as CEO of the Google-owned video site. She'll be replaced by Neal Mohan, currently chief product officer. 


Wojcicki says she will "take on an advisory role" at Google and Alphabet after her resignation."
(Source)


Dollar Tree

Mike Witynski

1/29/23

"Dollar Tree announced today that Mike Witynski, who worked with Dollar Tree since 2010
and served as CEO since 2020, is stepping down from the board and leaving the company;
executive chairman Rick Dreiling will expand his role to assume the CEO position, effective January 29."
(source)

Consolidated Edison

John McAvoy

12/31/22

"Consolidated Edison Inc.'s board said Sept. 17 that John McAvoy, the company's president and CEO and CEO of utility subsidiary Consolidated Edison Co. of New York Inc., will retire from those positions Dec. 31, though he will continue as chairman of the board of both companies."
(Source)

Kohl's

Michelle Gass

12/2/22

"Kohl’s Corporation today announced that Chief Executive Officer Michelle Gass plans to step down as CEO and
member of the Kohl’s Board of Directors (the “Board”), effective December 2, 2022, to accept another opportunity."
(source)

Volkswagen

Herbert Diess

9/1/22

"Volkswagen's CEO is leaving his post in a surprise move, effective September 1. The company announced Friday that CEO Herbert Diess will be replaced by Oliver Blume, the head of Volkswagen's Porsche performance car division."
(Source)

Mailchimp

Ben Chestnut

8/10/22

"After 21 years as Mailchimp's co-founder and CEO, I'm stepping down as CEO and moving into a founder-advisor role. Rania Succar, who leads the QuickBooks Money team, will join us as Mailchimp's new CEO."
(Source)

XPO Logistics

Brad Jacobs

8/4/22

"XPO Logistics announced Thursday that Mario Harik will be taking over the role of chief executive from Brad Jacobs after the company's spin-off of its high-tech truck brokerage business in the fiscal fourth quarter."
(Source)

Carnival Corp.

Arnold Donald

8/1/22

"Carnival's announcement Tuesday that Arnold Donald would step down as CEO of the world's biggest cruise line came after some investors pushed back at a shareholders meeting earlier this month on metrics tied to the 67-year-old's 2021 compensation package of $15 million."
(Source)

Cummins Inc.

Tom Linebarger

8/1/22

"Today, Cummins Inc. announced that, effective August 1, 2022, Tom Linebarger will end his term as Chief Executive Officer (CEO) and Jennifer Rumsey, President and Chief Operating Officer (COO), will assume the role of President and CEO."
(Source)

Gap

Sonia Synal

7/11/22

"Gap CEO Sonia Syngal is stepping down, effective immediately, the company announced on Monday, as the apparel retailer battles supply chain challenges and slumping sales."
(Source)

PG&E Corp.

Bill Johnson

6/30/22

"PG&E Corp. Chief Executive Officer Bill Johnson, who was hired to steer the California power giant through the biggest-ever U.S. utility bankruptcy, will retire in June when the company is expected to exit Chapter 11."
(Source)

Republic First Bancorp Inc.

Vernon Hill

6/30/22

"Vernon Hill stepped down as the head of Republic First Bancorp Inc. after a federal appeals court ruled in favor of a rival faction fighting to take over the company's board and oust the controversial banker."
(Source)

Bed Bath & Beyond

Mark Tritton

6/29/22

"Bed Bath & Beyond Inc on Wednesday replaced Chief Executive Officer Mark Tritton as part of a management shake-up to reverse a slump in its business, the home goods retailer said."
(Source)

Pinterest

Ben Silbermann

6/28/22

"Longtime Pinterest CEO Ben Silbermann is stepping down, the company announced Tuesday."
(Source)

DocuSign

Dan Springer

6/21/22

"The company didn't provide a reason for his departure but said Springer has agreed to step aside, effective immediately. Chairman of the Board Maggie Wilderotter will serve as interim CEO as the company begins its search for the next executive."
(Source)

Lockheed Martin

Marillyn Hewson

6/15/22

"Lockheed Martin said on Monday company veteran Marillyn Hewson will step down as chief executive officer, and tapped board member and American Tower Corp boss James Taiclet as her replacement."
(Source)

Under Armour

Patrik Frisk

6/1/22

"Under Armour said its president and chief executive officer, Patrik Frisk, will be stepping down, effective June 1, as the sportswear retailer searches for a replacement."
(Source)

FedEx Corp.

Fred Smith

6/1/22

"FedEx Corp. said Monday that Fred Smith will step down on June 1 as CEO of the package-delivery company that he founded and be succeeded by the company's president and chief operating officer."
(Source)

Arrow Electronics, Inc.

Michael Long

6/1/22

"Arrow Electronics, Inc. today announced Sean J. Kerins as president and chief executive officer (CEO), effective June 1, 2022, succeeding Michael J. Long who, effective June 1, 2022, will become executive chairman of the Arrow board of directors."
(Source)

Match Group

Shar Dubey

5/31/22

"Match Group CEO Shar Dubey is stepping down as chief of the dating app giant, effective May 31. Bernard Kim, president of Zynga, will take over the helm, the company said Tuesday."
(Source)

United Parcel Service

David Abney

5/31/22

"David Abney, who began his career with UPS in 1974, is retiring after six years as CEO, the company said Thursday."
(Source)

Darden Restaurants

Gene Lee

5/29/22

"Darden Restaurants CEO Gene Lee announced in December that he would retire May 29. The board elected Rick Cardenas, its chief operating officer, as his successor. Cardenas also previously served as the Darden's chief financial officer."
(Source)

Lincoln Financial Group

Dennis Glass

5/27/22

"Lincoln Financial Group today announced that Dennis R. Glass, president and CEO, will transition roles following the 2022 Annual Meeting of Shareholders planned for next May, becoming the chairman of the board."
(Source)

Bath & Body Works

Andrew Meslow

5/12/22

"Bath & Body Works Chief Executive Officer Andrew Meslow is resigning from his role due to health reasons, the retailer announced Thursday in a securities filing."
(Source)

Ecolab

Douglas Baker, Jr.

5/5/22

"Ecolab announced that Douglas M. Baker, Jr., executive chairman of the board of directors of Ecolab, has informed the company that he will step down from the board following the expiration of his current term at Ecolab's 2022 Annual Meeting of Shareholders on May 5, 2022."
(Source)

Biogen Inc.

Michel Vounatsos

5/3/22

"Biogen Inc said on Tuesday that chief executive Michel Vounatsos will step down and that the company is pulling back on selling its controversial Alzheimer's drug Aduhelm."
(Source)

Domino's Pizza

Ritch Allison

5/1/22

"Domino's Pizza said in early March that CEO Ritch Allison will step down, effective May 1. Allison, 55, will serve as an advisor until his official retirement in July."
(Source)

Norfolk Southern

James Squires

5/1/22

"Norfolk Southern Corporation today announced that Chairman and CEO James A. Squires plans to retire on May 1, 2022, at which time Executive Vice President and Chief Marketing Officer Alan H. Shaw will become CEO."
(Source)

New York Life Insurance

Ted Mathas

4/15/22

"Mr. DeSanto will assume the chief executive position upon the retirement of Mr. Mathas on April 15, 2022. Mr. Mathas will remain chairman of the board in a non-executive capacity for a transition period."
(Source)

Pacific Life Insurance Company

Jim Morris

4/1/22

"Pacific Life Insurance Company announced today that Darryl Button has been named CEO-Elect and will become president and CEO of Pacific Life, succeeding Chairman, President and CEO Jim Morris, on April 1, 2022, upon Mr. Morris' retirement."
(Source)

American Airlines

Doug Parker

3/31/22

"American Airlines CEO Doug Parker is stepping down next year after two decades running airlines and will be replaced by the carrier's president, Robert Isom, on March 31, the company announced Tuesday."
(Source)

Centene

Michael Neidorff

3/22/22

"Neidorff, 78, plans to retire after 25 years as chief executive officer. After he steps down, he will serve as executive chairman until the end of 2022. The board has been crafting a succession plan and will evaluate internal and external candidates for the CEO post."
(Source)

Wingstop

Charlie Morrison

3/13/22

"Wingstop today announced the resignation of its Chairman and Chief Executive Officer Charlie Morrison and the appointment of President and Chief Operating Officer Michael Skipworth as successor Chief Executive Officer, effective March 13, 2022."
(Source)

Bank of New York Mellon

Todd Gibbons

3/10/22

"Bank of New York Mellon Corp's Chief Executive Officer Todd Gibbons plans to retire and is set to be replaced by vice chair Robin Vince, the Wall Street Journal reported on Thursday."
(Source)

Activision Blizzard Inc.

Bobby Kotick

3/4/22

"Kotick said in a statement Friday that he is stepping down from the board after 10 years to focus his full attention on Activision's pending acquisition by Microsoft Corp."
(Source)

Home Depot

Craig Menear

3/1/22

"Home Depot said Thursday that Chief Operating Officer Ted Decker will step into the role of CEO, effective March 1. The retailer's current CEO, Craig Menear, 64, will continue to serve as chair of the board."
(Source)

NextEra Energy Inc.

Jim Robo

3/1/22

"Jim Robo, who transformed NextEra Energy Inc. from a sleepy Florida utility into a clean-energy juggernaut, is stepping down as the company's top executive."
(Source)

Peloton

John Foley

2/9/22

"The connected fitness company announced Tuesday that Peloton co-founder John Foley is stepping down as CEO and will be replaced at the helm by former Spotify executive Barry McCarthy. Foley will become executive chair."
(Source)

First American Financial

Dennis Gilmore

2/9/22

"Kenneth D. DeGiorgio, who most recently served as the company's president, has been appointed chief executive officer, while Dennis J. Gilmore, First American's CEO since 2010, transitions to become chairman of the board of directors."
(Source)

CNN

Jeff Zucker

2/2/22

"CNN Worldwide president Jeff Zucker, the influential news executive who reshaped the iconic network, announced Wednesday morning that he has resigned from his position effective immediately."
(Source)

Southwest Airlines

Gary Kelly

2/1/22

"The Dallas-based airline named more than three-decade company veteran Bob Jordan, executive vice president of corporate services, as Kelly's successor, tasking him with leading the company's recovery. He will start Feb. 1, 2022."
(Source)

WEC Energy Group

Kevin Fletcher

2/1/22

"WEC Energy Group Inc. announced Oct. 25 that President and CEO Kevin Fletcher will retire in June 2022. COO Scott Lauber will become president and CEO of the company, effective Feb. 1, 2022."
(Source)

Hulu

Randy Freer

1/31/22

"Walt Disney Co said Hulu Chief Executive Officer Randy Freer was stepping down on Friday, as Disney integrates Hulu's operations with its direct to consumer and international business."
(Source)

Johnson & Johnson

Alex Gorsky

1/3/22

"Alex Gorsky, the CEO of Johnson & Johnson (one of the companies that own everything) will step down in January, the company announced Thursday."

(Source)

Insight Enterprises

Joyce Mullen

1/1/22

"Joyce Mullen has been named as President and Chief Executive Officer, effective January 1, 2022. Ken Lamneck, who has been leading the organization as President and Chief Executive Officer since 2010, will continue with the Company to assist Joyce as she transitions to her new role."
(Source)

FM Global

Thomas Lawson

1/1/22

"Executive Vice President Malcolm C. Roberts has been appointed president and elected to the company's board of directors, effective Aug. 1, 2021. He will succeed Thomas A. Lawson as chief executive officer, effective Jan. 1, 2022."
(Source)

PVH

Manny Chirico

12/31/21

"PVH Corp. announced today that Manny Chirico, Chairman of the Board of Directors, will retire from the Board effective December 31, 2021."
(Source)

Twitter

Jack Dorsey

11/29/21

"Twitter CEO Jack Dorsey is stepping down as chief of the social media company, effective immediately. Parag Agrawal, Twitter's chief technology officer, will take over the helm, the company said Monday."
(Source)

Afiniti

Zia Chishti

11/18/21

"Afiniti's board announced that Chishti would step down immediately. The move came two days after a 23-year-old former employee testified before a U.S. congressional committee investigating arbitration clauses that companies write into contracts."
(Source)

Splunk

Doug Merritt

11/15/21

"The company said CEO Doug Merritt was stepping down and Graham Smith, its board chair, was taking over as interim CEO, effective immediately."
(Source)

Barclays

Jes Staley

11/1/21

"Barclays CEO Jes Staley is stepping down, following the release of preliminary results of a regulatory probe into his relationship with convicted sex offender and financier Jeffrey Epstein, the U.K.-based bank announced Monday."
(Source)

Procter & Gamble

David Taylor

11/1/21

"Procter & Gamble said Thursday that its current chief operating officer Jon Moeller will become CEO in November, replacing David Taylor, who will become executive chairman of its board."
(Source)

We noted P&G as a company that owns everything here.

AutoNation

Mike Jackson

11/1/21

"AN has named Mike Manley as its chief executive officer, replacing Mike Jackson, who is retiring after managing the company for the greater part of the last 22 years."
(Source)

Corteva

James Collins

11/1/21

"Pesticide and seed maker Corteva Inc appointed Chuck Magro as the company's new Chief Executive Officer, effective Nov. 1. Magro succeeds James Collins after activist investor Starboard Value LP had sought his ouster."
(Source)

Citrix Systems Inc.

David Henshall

10/6/21

"Citrix Systems Inc. (CTXS) Wednesday announced that Chief Executive Officer David Henshall has stepped down as President and CEO and as a member of the Company's Board."
(Source)

EOG Resources

William Thomas

10/1/21

"U.S. oil and gas producer EOG Resources Inc said on Monday President Ezra Yacob would succeed William Thomas as chief executive officer of the company, effective October."
(Source)

Oneok

Terry Spencer

9/30/21

"ONEOK, Inc. president and chief executive officer, Terry K. Spencer, announced today that he will retire on September 30, 2021, after 20 years with the company, including more than seven years as president and CEO."
(Source)

TripWire Interactive

John Gibson

9/6/21

"The CEO of video game maker TripWire Interactive resigned from his job this week just days after backlash over a tweet in which he expressed support for Texas' new abortion law."
(Source)

Tenet Healthcare

Ron Rittenmeyer

9/1/21

"Ron Rittenmeyer, who has served as CEO and Executive Chairman for nearly four years, will continue as Executive Chairman of the Company and the Board through 2022. Saum Sutaria, M.D., President and Chief Operating Officer of Tenet, will become Chief Executive Officer, effective September 1, 2021."
(Source)

Xcel Energy

Ben Fowke

8/18/21

"Xcel Energy announced Thursday that Ben Fowke, chairman and CEO, will retire as CEO effective Aug. 18, 2021, though he will continue to serve on the Xcel Energy Board of Directors as executive chairman."
(Source)

United Natural Foods

Steven Spinner

8/9/21

"Mr. Steven Spinner, who earlier announced his retirement as CEO and who will concurrently retire from the Board, both effective August 9, 2021. Mr. Spinner will continue to provide Management and Board advisory services to UNFI."
(Source)

Ovintiv

Doug Suttles

8/1/21

"Ovintiv Inc's CEO Doug Suttles announced today he will retire effective August 1, 2021."
(Source)

IBM

Jim Whitehurst

7/2/21

Whitehurst's departure is one of several management moves IBM announced on Friday. Whitehurst  decided to step down, IBM said, and he will continue working as a senior adviser.
(Source)

Amazon

Jeff Bezos

7/1/21

"Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago. Bezos will transition to the role of executive chair in the third quarter of this year, which starts July 1, the company said."
(Source)

Merck

Kenneth Frazier

6/30/21

"Kenneth C. Frazier, chairman and chief executive officer, will retire as CEO, effective June 30, 2021. Mr. Frazier will continue to serve on Merck's board of directors as executive chairman, for a transition period to be determined by the board."
(Source)

Qualcomm

Steve Mollenkopf

6/30/21

"Qualcomm CEO Steve Mollenkopf is retiring and will be succeeded by chipmaker's president, Cristiano Amon, on June 30, the company announced Tuesday."
(Source)

L3Harris Technologies Inc

William Brown

6/29/21

"U.S. defense contractor L3Harris Technologies Inc said on Tuesday Christopher Kubasik has replaced William Brown as its new chief executive officer."
(Source)

Tyson Foods

Dean Banks

6/2/21

"Tyson Foods said on Wednesday Chief Executive Officer Dean Banks would step down due to personal reasons after just eight months in the job, turning the helm over to the company's operations head Donnie King."
(Source)

Ulta Beauty

Mary Dillon

6/2/21

"Ulta Beauty CEO Mary Dillon, one of only a few dozen female chief executives of Fortune 500 companies, is stepping down after an eight-year run heading the company."
(Source)

Assurant

Alan Colberg

5/18/21

"Alan B. Colberg, President and CEO of the company for the last seven years, plans to retire at the end of 2021. Keith W. Demmings has been appointed President of Assurant, effective immediately, and has been named to succeed Colberg as CEO and Director in January 2022."
(Source)

Eversource Energy

Jim Judge

5/5/21

"Eversource Energy today announced that Jim Judge, Chairman, President and Chief Executive Officer, will become the company's Executive Chairman of the Board, effective May 5, 2021."
(Source)

BJ's Wholesale Club Inc.

John Nugent

4/9/21

"Citing personal reasons, John J. Nugent resigned Monday as chairman and chief executive of BJ’s Wholesale Club, the No. 3 membership warehouse club behind Costco and Sam’s Club."
(Source)

Synchrony Financial

Margaret Keane

4/1/21

"Synchrony Financial CEO Margaret Keane will step down after nearly a decade of running the co-branded card lender."
(Source)

TIAA

Roger Ferguson

3/31/21

"TIAA, a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions, said Roger W. Ferguson, Jr., intends to retire as President and CEO on March 31, 2021."
(Source)

WestRock

Steven Voorhees

3/15/21

"Steven C. Voorhees has decided to step down from his position as president and chief executive officer and a director of the Company for health reasons, effective March 15, 2021."
(Source)

Nike

Ann Hebert

3/3/21

"Ann Hebert, who worked at Nike for more than 25 years, was most recently the company's vice president and general manager for North America. A spokesperson told CBS News on Tuesday that Hebert "made the decision to resign from Nike."
(Source)

Intel

Bob Swan

2/15/21

"Intel CEO Bob Swan is stepping down effective Feb. 15 and will be replaced by VMWare CEO Pat Gelsinger, the chipmaker announced Wednesday."
(Source)

UnitedHealth Group Inc.

Dave Wichmann

2/4/21

"UnitedHealth Group Inc. appointed Andrew Witty, the former head of one of the world's biggest drugmakers, to succeed Dave Wichmann as CEO after he served fewer than four years in the role."
(Source)

Marriott International Inc

Arne Sorenson

2/2/21

"Marriott International Inc Chief Executive Officer Arne Sorenson will step back from full-time role for several months for treatment of pancreatic cancer, the company said on Tuesday."
(Source)

CVS Health Corp

Larry Merlo

2/1/21

"CVS Health Corp Chief Executive Officer Larry Merlo will retire after a decade-long tenure at the helm of the company during which he led the $69 billion acquisition of one of the oldest U.S. health insurer, Aetna."
(Source)

Citigroup

Michael Corbat

2/1/21

"Citigroup CEO Michael Corbat said Thursday he is retiring in February after eight years leading the bank, and that retail banking chief Jane Fraser will succeed him."
(Source)

Emerson Electric

Dave Farr

2/1/21

"Chief Executive Officer Dave Farr was retiring at the end of this week after more than 20 years at the helm."
(Source)

Dick's Sporting Goods

Ed Stack

2/1/21

"Stack, 65 years old, will take on the role of executive chairman and continue as a chief merchant, the company announced Tuesday. Dick's President Lauren Hobart will ascend to the CEO role on February 1, becoming the company's first female chief executive."
(Source)

Apollo Global Management

Leon Black

1/25/21

"Leon Black said on Monday he would step down as chief executive at Apollo Global Management Inc, following an independent review of his ties to the late financier and convicted sex offender Jeffrey Epstein."
(Source)

Freddie Mac

David Brickman

1/8/21

"Housing finance giant Freddie Mac's chief executive officer, David Brickman, will resign in January next year, the company disclosed in a filing with the U.S. Securities and Exchange Commission on Friday."
(Source)

Energy Transfer

Kelcy Warren

1/1/21

"Energy Transfer LP said on Thursday co-founder and Chief Executive Officer Kelcy Warren will step down and be replaced by executives Mackie McCrea and Tom Long effective Jan. 1."
(Source)

Universal Health Services

Alan Miller

1/1/21

"Universal Health Services, Inc. (UHS) announced Tuesday that its founder Alan Miller will step down as Chief Executive Officer, effective January 2021."
(Source)

Community Health Systems

Wayne Smith

1/1/21

"After serving in Community Health Systems' top job for more than two decades, CEO Wayne Smith announced Tuesday he's stepping down at the end of 2020."
(Source)

Interpublic Group

Michael Roth

1/1/21

"Interpublic Group Board of Directors announced today that it has named Philippe Krakowsky as IPG Chief Executive Officer and a member of the Board of Directors, effective January 1, 2021. Michael I. Roth, the current Chairman and Chief Executive Officer will remain in his current role until January 1, 2021 when he will become Executive Chairman of the Board."
(Source)

Polaris

Scott Wine

1/1/21

"Scott Wine, chairman and chief executive of Polaris Inc., will leave the company at the end of the year to become the new CEO of CNH Industrial N.V., the maker of Case and New Holland agricultural equipment."
(Source)

AGCO

Martin Richenhagen

12/31/20

"AGCO, a worldwide manufacturer and distributor of agricultural equipment and solutions, today announced that Martin Richenhagen has chosen to retire as Chairman, President and Chief Executive Officer on December 31, 2020."
(Source)

Ferrari

Louis Camilleri

12/10/20

"Ferrari Chief Executive Officer Louis Camilleri has retired citing personal reasons after being in the role for nearly two and a half years and Chairman John Elkann will lead the company on an interim basis, the luxury automaker said on Thursday."
(Source)

Philip Morris International

Louis Camilleri

12/10/20

"Camilleri, executive chairman of Philip Morris International (PMI) (PM.N), also retired from the role, the Marlboro maker said separately on Thursday."
(Source)

Betterment LLC

Jon Stein

12/8/20

"Robo-adviser Betterment LLC said founder Jon Stein will step down as chief executive officer on Tuesday and will be replaced by former ViacomCBS Inc executive Sarah Levy."
(Source)

FirstEnergy

Charles Jones

10/29/20

"The Independent Review Committee of the Board of Directors of FirstEnergy Corp. today announced a leadership transition, including the termination of the Company's Chief Executive Officer, Charles E. Jones, effective immediately."
(Source)

Alteryx

Dean Stoecker

10/5/20

"Mark Anderson, a current member of Alteryx's Board of Directors, has been appointed to succeed Dean Stoecker, Alteryx's Co-founder, Chairman and current Chief Executive Officer."
(Source)

Ford Motor

Jim Hackett

10/1/20

"Ford Motor CEO and President Jim Hackett will unexpectedly retire in the midst of an $11 billion restructuring plan that has failed to impress investors. Hackett, 65, will be succeeded by his heir apparent, Jim Farley, Ford's chief operating officer, effective Oct 1."
(Source)

Guardian Life Insurance Co. of America

Deanna Mulligan

10/1/20

"Deanna Mulligan will retire as CEO of Guardian Life Insurance Co. of America at the end of 2020. Andrew McMahon, who currently serves as president of the company, will succeed Mulligan as CEO."
(Source)

CommScope Holding

Eddie Edwards

10/1/20

"Eddie Edwards is stepping down as president and CEO of communications solutions provider CommScope Holding Co. Inc."
(Source)

Danaher Corporation

Thomas Joyce

9/1/20

"Danaher Corporation today announced that Executive Vice President, Rainer M. Blair, will succeed Thomas P. Joyce Jr. as President and Chief Executive Officer and as a member of the Company's Board of Directors, upon Mr. Joyce's retirement from these positions on September 1, 2020."
(Source)

AT&T

Randall Stephenson

7/1/20

"AT&T announced Friday that CEO Randall Stephenson will retire and will be succeeded by President and COO John Stankey on July 1, months earlier than expected."
(Source)

Fiserv

Jeffery Yabuki

7/1/20

"Payments giant Fiserv Inc said Thursday that Frank Bisignano would become the company's chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman until the end of the year."
(Source)

T-Mobile

John Legere

5/31/20

"Legere, who stepped down as the company's CEO at the beginning of this month, had originally said he would stay on the company's board until June 4. Friday's announcement cut short his time by more than a month."
(Source)

United Airlines

Oscar Munoz

5/20/20

"United Airlines announced Thursday that CEO Oscar Munoz will turn over day-to-day management of the airline next spring to President Scott Kirby, who will become company's chief executive officer."
(Source)

Altria Group Inc

Howard Willard

4/17/20

"Altria Group Inc said on Friday Chief Executive Officer Howard Willard has stepped down, ending a near two-year tumultuous term at the helm marked by heightened scrutiny of the tobacco giant's bet on e-cigarette maker Juul."
(Source)

Abbott Laboratories

Miles White

3/31/20

"Abbott Laboratories said on Wednesday Chief Executive Officer Miles White would step down next year and be replaced by Chief Operating Officer Robert Ford."
(Source)

Tinder

Mandy Ginsberg

3/1/20

"Mandy Ginsberg on Tuesday announced that she is stepping down as longtime CEO of Match Group, the owner of online dating sites including Match and Tinder."
(Source)

Mastercard

Ajay Banga

3/1/20

"Mastercard's chief executive officer of 10 years, Ajay Banga, will step down at the start of the next year, the company said on Tuesday, and be replaced by Chief Product Officer Michael Miebach."
(Source)

Disney

Bob Iger

2/25/20

"Bob Iger has stepped down as CEO of Disney. Iger's move, announced Tuesday, is effective immediately. He'll stay on as executive chairman through December 2021 and continue to direct Disney's content creation."
(Source)

Salesforce

Keith Block

2/25/20

"Salesforce co-CEO Keith Block has stepped down from his role about a year and half after he took it on in summer 2018, the company announced on Tuesday."
(Source)

Victoria Secret

Leslie Wexner

2/20/20

"Victoria's Secret honcho Leslie Wexner stepped down Thursday as chairman and CEO of the retail giant he started six decades ago."
(Source)

CenterPoint Energy

Scott Prochazka

2/19/20

"CenterPoint Energy Inc. announced Feb. 19 that Scott Prochazka stepped down as president, CEO and a director of the company, effective immediately."
(Source)

MGM Resorts International

Jim Murren

2/12/20

"MGM Resorts chairman and CEO Jim Murren has told the company's board that he is stepping down, prior to his contract ending, the company announced Wednesday. He will serve in his role until a successor is appointed, it said."
(Source)

Harley Davidson

Matt Levatich

2/8/20

"Chief Executive Officer Matt Levatich unexpectedly stepped down Friday, parting ways with the board after a 26-year career at Harley-Davidson -- including five years as CEO in which the company lost more than half its market value."
(Source)

USAA

Stuart Parker

2/1/20

"Wayne Peacock became CEO of USAA, the San Antonio-based insurance and financial services giant, in February 2020, stepping up from his prior position as Property and Casualty Insurance Group president following the retirement of CEO Stuart Parker."
(Source)

Boeing

Dennis Muilenburg

1/13/20

"Boeing fired Muilenburg last month amid a ballooning crisis around its 737 Max jets in the wake of two fatal crashes that killed 346 people. Longtime board member Dave Calhoun will become Boeing's new CEO on Monday."
(Source)

Builders FirstSource

Chad Crow

1/13/20

"Builders FirstSource, Inc. today announced that Chad Crow, its Chief Executive Officer, has decided to retire after 20 years of service with the Company. Mr. Crow will retire during 2020 after assisting the Board of Directors in hiring his replacement."
(Source)

Nucor Corp

John Ferriola

1/1/20

"Top U.S. steel producer Nucor Corp said on Friday Chief Executive Officer John Ferriola would retire on Dec.31 and will be succeeded by senior executive Leon Topalian."
(Source)

 

What does it mean if a CEO steps down?

Just so we’re all on the same page, here is how we define a CEO stepping down – the leader of a company gives up his or her position for any number of reasons like retirement, resignation, contract ending, switching to a new role, etc.

 

Additional workplace trend tracking

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