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CMO HIRINGS SET RECORD PACE, EVEN IN THE PANDEMIC; More CEOs are looking for external candidates and compensation packages have bounced back, according to executive headhunters

Oct 05, 2020 - Advertising Age
Board and Executive Moves

Even the pandemic cannot stop chief marketing officer turnover. There were 243 publicly announced marketing executive moves in the first half of the year, up from 209 in the same period of 2019, according to executive search firm Russell Reynolds Associates. That amounts to a record number of hirings since the firm began tracking moves in 2013.

The trend shows that despite shrinking marketing budgets and uncertain times, CEOs are not afraid to make changes at the top of marketing departmen...