Older CEOs Are Keeping Their Jobs Longer Thanks to the Bull Market
- Top executives are the oldest since at least 2001, study says
- CEO tenure is almost 11 years, longest since 2009 recession
Warren Buffett
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The bull market is getting older. So are the CEOs powering it.
As the U.S. enters the ninth year of economic recovery, big company chief executive officers are, on average, as old as they’ve been in at least 17 years, according to a study released today by the Conference Board and recruiter Heidrick & Struggles.