Oldest CEOs

Oldest CEOs

The average age of a CEO in the United States is 56, while the average retirement age is 62. This, coupled with the fact that the life expectancy of the average person is almost 79 years, makes the accomplishments of the following individuals truly noteworthy.

Oldest CEO

Jack A. Weil (born March 28 1901) is the founder and CEO of the Denver-based Western clothing manufacturer Rockmount Ranch Wear and is believed to be the oldest working CEO in the United States. Weil is only 8 years younger than the world's oldest verifiable person, Edna Parker (April 20 1893) of the United States.

Longest Running CEO

Milton Pierce (born March 14 1915) is the founder and CEO of the Michigan based security provider Guardian Alarm. While born 14 years after Weil, Pierce is believed to be the longest running CEO having founded Guardian Alarm as a teenager in 1930, which is nearly 16 years before Weil launched his Rockmount Ranch Wear.

Oldest and wealthiest CEO

Sumner Murray Redstone (born Sumner Murray Rothstein on May 27 1923 in Boston, Massachusetts) is majority owner and Chairman of the Board of the National Amusements theater chain. Through National Amusements, he is majority owner of Midway Games, Viacom, and CBS Corporation. He is the oldest CEO amongst Fortune 500 companies and was ranked #86 on Forbes magazine's list of the hundred richest people in the world in 2007, with an estimated worth of US$ 9 billion.

Other Older CEOs

Sir Run Run Shaw CBE, GBM (Chinese name: 邵逸夫, originally named 邵仁楞; born 1907) is a Hong Kong media mogul. He turned 100 in 2007.

Haskell Cudd (born Aug. 31, 1907) began his career as the accountant for the Stillwater Milling Co. of Oklahoma in August 1933. He was named president and CEO of Stillwater Mill in 1972, and he remained chairman of the board until his death in 2007.

ee also

* Life expectancy
* Retirement
* Sumner Redstone
* Jack Weil
* Run Run Shaw
* Chief executive officer
* Oldest people

References

* [http://www.hiresmart.com/articles/index4.stm Average CEO age]
* [http://www.wisegeek.com/what-is-the-average-retirement-age.htm Average Retirement Age]
* [http://www.stillwater-newspress.com/obituaries/local_story_363230226.html Haskell Cudd dead at 100]
* [http://www.huffingtonpost.com/2007/12/28/retirements-for-sissies_n_78606.html Sir Run Run Shaw turns 100]
* [http://www.npr.org/templates/story/story.php?storyId=9870444 Jack A. Weil - oldest CEO]
* [http://money.cnn.com/magazines/fortune/fortune_archive/2005/04/18/8256995/index.htm Sumner Redstone - oldest CEO of Fortune 500 company]
* [http://jnonline.us/Formlayout.asp?Formcall=30&SectionID=29&SubSectionID=&ArticleID=3858 Milton Pierce - longest running CEO]


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