The average age of American CEOs has risen to 61, an increase from approximately 51 two decades ago, according to a new working paper. This trend is more pronounced in smaller, privately held companies, while larger corporations tend to promote from within. Researchers suggest that older leaders may be better at navigating economic uncertainty, though they might also manage slower-growing businesses with less radical innovation. AI
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RANK_REASON The cluster is based on a new working paper analyzing CEO age trends.
