Hanging Around: More 65+ CEOs Stay On the Job
By: Agenda
July 15, 2024
Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co. could be placed under new leadership as their current chief executives eye their exits.
Overall, more than one in 10 CEOs at S&P 500 firms have already hit the traditional retirement age. And another nearly 15% could reach age 65 in the next three years, according to an analysis of data from public company intelligence provider MyLogIQ.
Effective succession planning often requires longer than boards think, consultants say.
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