A recent National Bureau of Economic Research study indicates that job-hopping has become the primary route to becoming a CEO, contrasting with the traditional path of long-term company loyalty. The research, which analyzed over 50,000 U.S. CEOs, found that individuals who eventually reach the CEO position now spend approximately ten more years working outside their eventual companies compared to those in 2000. This shift suggests that corporate boards increasingly value a broad skill set gained from diverse experiences across multiple firms and sectors, rather than deep, singular company expertise. AI
Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →
RANK_REASON The cluster summarizes findings from a National Bureau of Economic Research working paper. [lever_c_demoted from research: ic=1 ai=0.1]
