Enterprise CMO Tenure and Hiring Trends
Marketing Management — Tue., Jun. 4, 2024
The average tenure of CMOs at large corporations is now in line with other C-suite executives, according to recent research from Spencer Stuart.
Fortune 500 CMOs have an average tenure of 4.2 years, the same as the previous year, and 58% were promoted from within their company.
Half of Fortune 500 CMOs are women, and 12% are from underrepresented racial and ethnic groups. The report analyzed data from the Ad Age Leading National Advertisers and Fortune 500 companies lists. ... continue reading below