Old is gold, but new-age cos prefer younger CEOs

Posted on:
Key Points

But soon after, more column inches were also spent defending the 'age is just a number' view when a 40-plus fit and hungry Rohan Bopanna, chest-bumping with his doubles partner, lifted a grand slam title Down Under to demonstrate the 'tenuous' link between age and performance...

Where exactly do India's biggest companies stand on this seemingly never-ending debate on the shades of grey?.

Well, the datasets indicate below-40 executives often run the show at new-age companies and startups, with large and complex firms relying instead largely on battle-hardened corporate veterans who have negotiated multiple business cycles...

"In startups and new-age companies, there will be preference for younger CEOs because of the dynamic nature and demands of a new-age business," he said.. Ability to Add Value..

Data on both the youngest and oldest CEOs of Indian companies showed that executives matching the extremities of the age profile occupy the C-suite predominantly at promoter-driven companies and start-ups..