Global Chief Operating Officer Turnover Index

We share the latest Chief Operating Officer (COO) turnover data for listed companies globally. Updated each quarter, you’ll find the proportion of COO departures and appointments, as well as trend analysis by gender and tenure across internal and external hires.
COO Turnover Index - Russell Reynolds Associates

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What this means for COO succession

The record net additions of COO roles globally suggests that demand for COO capability is expanding. With 86% of incoming COOs stepping into the role for the first time, and 82% appointed internally, early succession planning is critical.

 

It will be important for CEOs to assess whether their future operating leadership needs may require additional capacity, broader mandates, or new succession pathways. Future COO candidates need exposure to enterprise-wide transformation, cross-functional leadership, technology, talent, and operating model decisions before they are asked to step into the role.

 

The strongest succession plans will be those that start early, reflect the future mandate of the role, and give CEOs genuine choice when the need arises.

What is COO turnover?

COO turnover refers to the rate at which COOs are appointed to and depart from their roles. It can serve as an indicator of broader business trends, including operational complexity, transformation pressures, and businesses’ risk appetites.

How has COO turnover changed for public companies?

COO turnover has fluctuated since 2019 across the 10 indices tracked in the Global COO Turnover Index. In 2025, COO appointments reached a seven-year high, with 146 incoming COOs globally, up from 130 in 2024. At the same time, departures fell to 65, producing a net expansion of 81 COO roles globally. Companies are increasingly formalizing or expanding the COO role as business transformation accelerates.

How many COOs were appointed globally in 2025 at public companies?

There were 146 COO appointments globally in 2025 across the 10 indices tracked in the Global COO Turnover Index. This included:

  • 60 COO appointments in the S&P 500
  • 19 COO appointments in the ASX 200
  • 13 COO appointments in the FTSE 100

Why are COO appointments rising for public firms globally?

Elevated COO hiring reflects the evolving nature of the role. As AI adoption, digital acceleration, supply chain complexity, and enterprise transformation reshape operating models, companies are placing greater emphasis on end-to-end operational leadership.

Increasingly, the COO is viewed as the executive responsible for translating transformation strategy into measurable operational results. As a result, companies are adding or strengthening the role within the C-suite.

How many COOs of public companies stepped down in 2025?

There were 65 COO departures globally in 2025 across the 10 indices tracked in the Global COO Turnover Index. This included:

  • 29 COO departures in the S&P 500
  • 9 COO departures in the ASX 200
  • 6 COO departures in the FTSE 100

What is the proportion of women COO appointments at public firms in 2025?

In 2025, 25 women were appointed as COOs, representing 17% of global COO appointments, compared to 121 men.

In 2025, what proportion of new COOs of public companies were first-time COOs?

In 2025, 88% of COO appointments globally were first-time COOs, meaning they had not previously held a COO role at a publicly listed company.

What’s the average tenure of COOs at publicly listed companies?

In 2025, the average tenure of departing COOs was 4.1 years, the highest level since tracking began in 2019.

 

 

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Global CEO Turnover Index

Explore data from the world’s leading stock indices on how many listed company CEOs are leaving their posts each quarter.