April 27, 2009, 10:45 AM — Perhaps we can't retire the old saw that "CIO" stands for "career is over" just yet.
Nearly one in four CIOs gets let go for poor performance, according to a new survey by CIO and Human Resource Executive. When asked why their companies' previous IT leader left, 23 percent of the 265 human resources managers polled said it was involuntary for performance reasons. The dismissal rate matched that for CFOs but was higher than that for HR managers (19 percent) and sales managers (18 percent), the survey found.
Reason Top IT Executive Left Company by Function
IT heads are the most likely among business leaders to leave their positions on their own terms to pursue career opportunities elsewhere.