Tenure of current CEOs close to surpassing predecessors
- May 31, 2013 |
- Mark Graham
Terms for CEOs leading associations with less than $15 million in revenue are already longer than those of former chief executives Tenure, measured by a CEO's time in office, is heading up. A CEO Update analysis of more than 1,700 national associations shows that CEOs in office now have been at their posts a median of 6.6 years, up from 6.4 years in 2012, and up from 6.2 years in 2008. Unless all those CEOs exit in the next couple of years, median tenure is set to overtake the time in office of the previous chief executives. Former CEOs served a median of seven years. Depending on characteristics of the job or organization, median tenure of current CEOs ranges from 4.6 to… Read More