Executives Switch Jobs More Often This Year Amid Added Pressure

By Kevin Orland and Leslie Gersing – August 22, 2006 00:07 EDT

Aug. 22 (Bloomberg) — Top executives at U.S. companies switched jobs more than twice as often in the first half of this year than in 2005 as managers come under greater pressure from regulators and shareholders, according to experts.

The pressures of complying with the Sarbanes-Oxley Act of 2002 and shareholders’ demand for better performance may be leading some executives to retire early and forcing others out, said Elise Walton, director of corporate governance practices at management consulting firm Mercer Delta Consulting in New York. [MORE from Bloomberg]

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