Audit Analytics Research Bulletins
March 5, 2010
Director Departures by Year and Reason

In response to media requests, Audit Analytics has prepared a research brief tracking director departures, including reason for departure, over five years. The research examined the entire filing population while focusing on accelerated filers and includes an industry specific breakdown of banking entities.

Some points of interest in the briefing include:

  • In 2007 the percentage of accelerated filers with a director departure was 37.5% as opposed to 33.8% for all filers.
  • The percentage of departures among directors of banking entities increased by 7% between 2005 and 2008.
  • Banking entities experienced a sustained increasing trend in director departures starting in 2006 whereas director departures for all filers peaked in 2007.

The full brief is now available to subscribers. If you have any questions please email or call us at (508) 476-7007.