Parag Agrawal is the youngest CEO in S&P 500
Recently designated Twitter Inc’s. Chief Executive Officer (CEO) Parag Agrawal is currently the most youthful CEO in the S&P 500, Bloomberg wrote about Tuesday.
Agrawal, 37, was designated on Monday to succeed Twitter originator and CEO Jack Dorsey and is as old as Meta Platform Inc CEO Mark Zuckerberg.
Because of safety concerns, Twitter wouldn’t reveal Agrawal’s date of birth, nonetheless, the web-based media stage affirmed that he was conceived later in 1984 than Zuckerberg’s May 14 birthday.
Per Bloomberg, Dorsey, at 45, was at that point among the dozen most youthful CEOs in the assortment of the biggest US organizations.
A teacher at the Stanford Graduate School of Business David Larcker said:
“I don’t think the age thing is that enormous of an arrangement, particularly for organizations like this. It very well may be a benefit. The way that Dorsey is venturing down from the board, so he won’t resemble a shadow CEO, he should have genuine trust in him.”
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As per information aggregated by Bloomberg, Berkshire Hathaway Inc CEO Warren Buffett, is the most aged CEO in the S&P 500 at 91.
The date showed that the normal age of a CEO among the 500 biggest organizations was around 58 years, nonetheless, the more extensive pattern in CEO age actually doesn’t incline toward youth.
In the meantime, information on S&P 500 organizations estimated throughout the most recent twenty years by chief spotter Spencer Stuart shows a little yet consistent expansion in the age of the CEO.
The recently delegated CEO had joined Twitter in 2011. In the interim, the previous CEO Dorsey will stay on the leading body of the San Francisco-based organization until his term lapses in 2022, Twitter said Monday in an assertion.
Parag Agrawal is likewise joining the board, where he will likewise be a factual exception. The normal age of a S&P 500 chief is 63, as indicated by Spencer Stuart.
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