BusinessCompany NewsProfession dominates profile of FTSE 100 CEOs

Profession dominates profile of FTSE 100 CEOs

Survey finds little has changed in ten years

A new survey of the typical CEO of a FTSE 100 company has found that most are
male in their 50s with an accountancy background.

Another key requirement was international experience, according to the ‘Route
to the Top’ study undertaken by Dr Elisabeth Marx, a partner with executive
recruitment firm Heidrick & Struggles.

Marx found that the average FTSE100 CEO is likely to be a 52 years old male
with a background in finance.

It also found that internally promoted CEOs were even more likely to come
from an accountancy or finance background than external appointees, as well as
holding more non-executive directorships and having less international
experience.

One big change that occurred over the past decade though is in the area
educational qualifications. In 1996 more than a third of FTSE 100 chief
executives did not have a university degree. But by 2002 this pattern had
changed dramatically, with just over one in 10 not having a degree.

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