Submitted by rabbi on Sun, 02/19/2023 - 04:30
The pandemic aged all of us, but it especially aged the American CEO.
Corporate boards, looking for continuity during a global health crisis, stuck with their top leadership rather than bringing in someone new. Giants like Boeing Co., Target Corp. and Caterpillar Inc. all either raised, eradicated or waived their mandatory retirement ages so their CEOs could stay in the seat longer.