For those on the outside who get hired as a CHRO, it's paramount to have already held that position at their previous employer.

While HR professionals can still climb their organization's corporate ladder to one day become the chief human resource officer, that position is increasingly being filled by outsiders that come with new CEOs, according to Talent Strategy Group's CHRO Trends 2020 report.

"For the second year in a row, there is a high correlation between chief executive officer and chief human resources officer turnover," the authors write. "Of the thirty-five new CEOs who came into the role in 2019, 40 percent have replaced their CHRO."

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Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.