Career: What do these five men have in common?
In the first half of the year, five new CEOs started at Dax. What their resumes have in common - and what others can learn from them who also want to reach the top.
A recent analysis by Russell Reynolds has found that the number of CEO changes at the world's largest companies has hit a record low in the first half of 2024, with only 101 announced. In Germany's DAX index, five new CEOs took office between January and June, all of whom were internal appointments, including Milan Nedeljković at BMW, Kai Beckmann at Merck, Christian Kötz at Continental, Christoph Jurecka at Munich Re, and Luka Mucic at Vonovia.
These new CEOs share certain characteristics, including long tenure at their companies, with four out of five having decades of experience in their respective organizations or industries. This trend of internal appointments is also seen in the US, where 88% of new CEOs in the S&P 500 index came from within their companies.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
