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UK CEOs 'are younger and serve longer'
Thursday, 01 May 2008
Life after graduation
Chief executive officers (CEOs) in the UK tend to serve longer and are younger than their global counterparts, which may be of note to aspiring graduates.
An analysis of FTSE 100 and Standard & Poor's Global 100 CEOs revealed that the average term for a UK CEO is five years and five months, compared to four years and three months for those in global companies.
Furthermore, the average age of a FTSE CEO is currently 52, while global CEOs were found to be 56 year old on average.
The best route to the top is through a career in finance, according to Robert Half, with 32 per cent of the respondents having a background in finance before being appointed as a CEO.
Phil Sheridan, managing director of Robert Half, said: "Our analysis shows the world's leading companies continue to put a high significance on financial skills when choosing their boardroom leaders, and in the current economic environment this is unlikely to change as business leaders face a period of uncertainty in the global financial marketplace."