Elevated CEO turnover rates across U.S. public companies, especially in technology, media, and telecom, continue to shape trader views on which leaders depart before 2027. Record replacements in 2025—nearly doubling in tech amid AI integration challenges, investor demands for faster returns, and board-driven succession—have created momentum for further changes at firms like Amazon, OpenAI, and Coinbase. Performance pressures from AI model releases, platform competition, and regulatory scrutiny remain key swing factors, while typical multi-year tenures and planned handoffs add uncertainty. Earnings calls, annual meetings, and any major product or partnership announcements could shift implied probabilities in the coming months.