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back to index backGLOBALtalk July,  2014


Global CEOs Aren't Very Global

Today’s newest CEO appointees in some of the world’s largest companies are not the diverse group of globetrotters diversity leaders might expect.

The term global CEO” has become an oxymoron. While leaders of big companies like to believe they are global in outlook and run by internationally experienced managers, the truth argues otherwise.

For its 2012 Chief Executive Study” released in April 2013, which looks at the world’s 2,500 largest companies, Booz & Co. checked the background of 300 CEOs newly appointed in 2012. Findings revealed that 81 percent were from the same country where the company’s headquarters was located (Figure 1), and 95 percent were men. Further, 90 percent were from the same region where the company is headquartered, 55 percent had never worked outside the company’s home region and 25 percent had spent their entire career at the company (Figure 2).

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Source: Diversity Executive - GAI




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