on S&P 500 CEO’s - Top ten stats of S&P CEOs
October 9, 2007 – 11:08 am
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The stats of the rich, if not famous, has now been revealed in a study of many of the S&P 500’s leaders. Spencer Stuart conducted this fascinating study which reveals things like:
- Since 1980, the top 100 CEOs are getting younger
- Harvard is no longer the most commonly attended school by top CEO’s
- Less than 10% of top CEOs received degrees from Ivy League schools
- 36% of all S&P 500 CEOs do not have an advanced degree
- 33% of the S&P 500 CEOs undergraduate degrees are in Engineering (only 11% in Business Administration)
- The functional role that lead to becoming CEO was most commonly Finance at 15%, followed by General Management at 9%
- Southern and Midwestern companies have the most loyal CEOs with 26%-27% having spent their entire career with the company
- The industry containing the most S&P 500 companies is “Computer & Electronic Product Manufacturing”
- CEOs of Utilities companies have the shortest company tenure at 8 years
- CEOs of Utilities companies were the most highly educated; Printing, Publishing & Related Support Activities the least educated
If I wanted to join the rat race, I think this study looks like a blueprint to become CEO. Just follow the most commonly followed paths of these CEOs and you’re sure to be a success…right?
