Demand for CEOs—one of the more persistent areas in executive search over the last year or so—has slipped in Q3. Projected to fall 23% QoQ, new CEO searches are pacing to their lowest level since Q4 2022. Searches for new CEOs have grown consistently since the executive search market dropped in 2022, making it the bright spot in an otherwise cautiously optimistic environment. That demand, though, now seems to be lost.