Study Finds Companies Benefit from CEOs with Military Past
Chief executive officers who served time in the military may get better results for their companies and are lasting longer in their jobs than those who didn't, a study by the world's largest executive- recruiting firm suggests.
Fifty-nine companies in the Standard & Poor's 500 led by former military people outperformed the index over one-, three-, five- and 10-year periods by 3 to 20 percentage points each year on average, according to the study released today by Korn/Ferry International.
Ex-military chief executives also lasted longer in their positions, serving an average of 7.2 years compared with 4.5 years for S&P 500 chief executives, the study …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Study Finds Companies Benefit from CEOs with Military Past. Contributors: Not available. Newspaper title: Tribune-Review/Pittsburgh Tribune-Review. Publication date: June 17, 2006. Page number: Not available. © 2009 Tribune-Review/Pittsburgh Tribune-Review. Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.