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PwC has been studying trends involving turnover among CEOs at the world’s 2,500 largest companies for almost 20 years. The 2018 results were recently released with a few surprises. First, the overall rate of turnover of 17.5% was an all-time record, easily surpassing the 14.6% rate of 2017. Drilling down on the nature of the turnover revealed two more notable bits of information. Twenty percent of 2018 CEO turnover was forced, the highest it’s been in 10 years (the study classifies CEO turnover into three categories: planned, forced, and those resulting from mergers and acquisitions).