The average age of incoming CEOs is around 54. While American government remains squarely in the hands of baby boomers — and its leadership becomes noticeably older — corporate boardrooms are undergoing a transition. Gen X is finally getting their moment:
The average age of incoming CEOs is around 54. While American government remains squarely in the hands of baby boomers — and while its leadership, at least in certain branches, becomes noticeably older — corporate boardrooms are undergoing a transition. It’s Gen X’s moment, that generation most known for being crowded out of sweeping cultural age analyses by millennials on one end and boomers on the other.
“He was basically telling us he didn’t think we were going to be able to keep all the balls in the air,” said Ryan Darby, 47. Research from Stanford points to generational divides on remote work. Workers over 55 prefer to work remotely around 35% of the time, while workers in their early twenties preferred to be remote about 45% of the time and workers in their 30s and 40s preferred to work from home closer to half the time. In other words, Gen Xers have become the unlikely warriors for flexible work.
David Burkus, a consultant and the author of “Under New Management,” advises dozens of companies on management issues, including return-to-office plans. He’s seen firsthand the generational divisions underlying them. This was particularly salient for a law firm he recently consulted for to send some 700 lawyers back to the office.
Meier, 49, found that many young workers wanted to be in person, sometimes even five days a week, describing a sense of loneliness at home and an eagerness to jump start their careers; a handful even departed the company in pursuit of more in-office time. Many senior employees wanted to be in the office, too, because that was how they’d spent their whole lives.
Of course, talking about generational divisions can easily backslide into finger pointing. Management experts point out that most of the variance in workplace performance isn’t about how old someone is, but how good their boss is. Broad generational brush strokes can paper over the deeper conversations needed between workers and their bosses.
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