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CEOs Reach Top Later

07:53

CEOs Reach Top Later
Source: Adobestock

CEOs are getting older, and younger executives now wait far longer to reach the top. Bloomberg reports the average CEO of a large U.S. company is now 61, about 10 years older than at the start of the century. The average age of first appointment has climbed from just under 48 in 2000 to around 55 today.

Research covering more than 50,000 U.S. CEOs from 2000 to 2023, involving…

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