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Number of FTSE 100 CEOs nearing retirement rises as firms seek experience

Number of FTSE 100 CEOs nearing retirement rises as firms seek experience

The number of CEOs in their 60s has doubled in 20 years from 8.8% in 1998 to 18.6% in 2018, according to research from Responsible Life.

The research shows that of the 19 chief execs in the FTSE 100 aged 60 and over, 16 of them were hired after the 2007/08 global financial crash, with analysts suggesting that the largest companies have looked to age and experience to guide them through the turbulent years since the economic crisis.

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