Wednesday, July 9, 2025

An Aging Nation

It's not just politicians getting older:

  1. Business: Starting in 2008, the average age of an S&P 500 CEO has increased from 54 to 59 years old. Nearly 17.8% of Fortune 500 CEOs are over 65. The average age of a board chair in the US is the second oldest in the world.
  2. Law: In the last ten years, the number of lawyers over the age of 65 has increased by 50%, and that group now comprises over 14% of all active lawyers. That’s twice the percentage of workers over 65 in the rest of the workforce.
  3. Academia: In 2017, the average college president was reported to be 62, 10 years older than the average in 1990. The number of tenured faculty over 65 doubled between 2000 and 2010.
  4. Scientific research: Recent data on research investigators at the NIH is scarce, but the average age rose from 39 in 1980 to 51 in 2008. And the average age investigators receive their first grant was 36 in 1990, but had risen to nearly 45 by 2016.

From Ben Krauss.

2 comments:

G. Verloren said...

The gerontocracy continues apace.

The fabric of American society and history has been irrevocably warped by the Baby Boomers, at the direct expense of everyone else. I take solace in the thought, however, that in a couple more decades we'll see meaningful change (and hopefully improvement) once the bulk of them are dead.

Shadow said...

There's nothing quite like listening to a boomer telling the youngest generation that too much internet and i-phone use is unhealthy for them. This coming from the generation that grew up on too much Television and monopolized the home phone. Can't make it up. I think they are jealous. I've come to accept the notion that you can become so old that you don't relate to anything anymore -- everything looks like it's broken. But its you, not them.