The average age of a Chief Marketing Officer (CMO) is 54, tying with Chief Financial Officers (CFOs) as the youngest among high-level executives. Consumer goods CMOs have the youngest average age (52 years) among the industries examined. On average, CMOs have a term of office of just over three years in their respective positions, while CEOs have the longest terms, with 6.9 years. When it comes to the industry, banking CXOs have the longest tenure, while health and technology CXOs tend to rise in position the fastest.
The longest average tenure of CMOs is in the industrial sector, with 4.0 years, and CMOs in the technology industry have the shortest tenure, with 3.0 years. According to a recent study by Korn Ferry, there is not much variation in the average age of CMOs in all sectors, since they range from 53 to 54 years in almost all those analyzed. The report was based on an analysis of the ages and terms of office of high-level executives from the 1000 largest companies in the United States by revenue. Despite the world's Mark Zuckerberg (33) and Evan Spiegels (30), most executives spend 25 to 35 years in mid-to-senior management positions before reaching the executive board.
This is based on risk factors, the size of budgets, and trust in the technology function at the enterprise level to enable business results, data assets and customer engagement. As an expert SEO, I can tell you that when it comes to high-level executives, there is a clear pattern when it comes to age and tenure. The average age of a member of senior management is 56 years and the average term of office is 4.9 years. However, this can vary between different industries and between different executive positions.
For example, CEOs tend to have the longest terms, with 6.9 years, while CMOs have an average of just over three years in their respective positions. Ayaz Nanji is a digital strategist and co-founder of ICW Media, a marketing agency specializing in content and social media services for technology companies. He believes that it's time for boards of directors to recognize and validate the centrality of the CMO as business strategy shifts from focusing on cost management to focusing on innovation and growth.