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2019 Q1 CEO Transitions

2019 Q1 CEO Transitions

Spencer Stuart tracks CEO transitions among S&P 500 companies reporting transitions on a quarterly and annual basis. A CEO transition is defined as the replacement of an outgoing CEO with a permanent CEO for the purposes of our analysis. The data set includes: names of incoming and outgoing CEOs; the reason for the departure of the former CEO, as reported by the company; the estimated ages of both the outgoing and incoming CEOs; and whether the new CEO was promoted from within or hired externally.

In the first quarter of 2019, 18 S&P 500 companies appointed a new CEO. Among the highlights from this past quarter:

  • The average age of the new CEOs is 56, and the average age of the departing CEOs is 60.
  • One of the new CEOs is a woman, and one female CEO left her role.
  • Ten of the 18 newly appointed CEOs have prior public board experience.
  • The majority (14) of the new CEOs were promoted from within their companies. Nine of these were promoted from the president and/or chief operating officer roles.

Spencer Stuart tracks CEO transitions among S&P 500 companies reporting transitions on a quarterly and annual basis. A CEO transition is defined as the replacement of an outgoing CEO with a permanent CEO for the purposes of our analysis. The data set includes: names of incoming and outgoing CEOs; the reason for the departure of the former CEO, as reported by the company; the estimated ages of both the outgoing and incoming CEOs; and whether the new CEO was promoted from within or hired externally.

In the first quarter of 2019, 18 S&P 500 companies appointed a new CEO. Among the highlights from this past quarter:

  • The average age of the new CEOs is 56, and the average age of the departing CEOs is 60.
  • One of the new CEOs is a woman, and one female CEO left her role.
  • Ten of the 18 newly appointed CEOs have prior public board experience.
  • The majority (14) of the new CEOs were promoted from within their companies. Nine of these were promoted from the president and/or chief operating officer roles.