CEOs leave firms at fastest pace since February

The financial sector saw its heaviest CEO turnover for the year in August, as 14 chief executives left, including the announced departure of E-Trade Financial CEO Steven Freiberg, who was removed from his position amid under-performing financials.

Healthcare giant WellPoint pressured top executive Angela Braly to leave due to weak earnings; it was a similar story at Symantec, where former CEO Enrique Salem was replaced with the company’s chairman amid languishing stock prices. 

In 2012, 796 top chiefs have left their firms, 2.5 percent lower than the 814 departures posted during the same period a year ago. 

Healthcare continues to see the heaviest turnover, with 161 CEO changes in 2012, including an industry-leading 21 in August.