American CEOs are getting older

Data: BoardEx via "Aging at the very top," published by NBER ; Note: Sample includes 50,510 CEOs in U.S.; Chart: Emily Peck/Axios It's not just Congress — the corner office is graying, too, with the average American CEO now 61, up from around 51 two decades ago, a new working paper finds. Why it matters: It's a mixed bag: Older leaders tend to manage businesses that grow more slowly and are less likely to radically innovate, the study finds, in line with prior research. But they also appear to b

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