30 March 2023
2:00 pm - 3:00 pm
Join us for our next virtual CBHA/ACHA Talk:
Thursday March 30th, 2023
2:00 – 3:00 pm EST
Leading in the Long Run – Do CEOs matter?
Chief Executive Officers (CEOs) have become celebrities and rock stars in popular culture. Often viewed as visionaries they are seen by some as uniquely able to unlock new ways of generating wealth and economic growth for society. Conversely, others see them as grotesquely wealthy, using their roles to enrich themselves whilst destroying political, social, and environmental systems. However they are perceived, CEOs of the largest corporations are key players in global political systems, to the extent that they have ‘displaced politics and politicians as … the new high priests and oligarchs of our system.’ This raises important questions, Who becomes a CEO? What do they actually do in the role? How do they effect the companies they lead? Answering these questions reveals insights into social mobility, meritocracy, business organization, corporate governance, and strategy. Interestingly and importantly, the answers have changed overtime. In this talk we will look at a long run study of British CEOs across the 20th century to see how these trends have evolved. This helps us to understand how CEOs matter now, but what factors may shape the profile, role, and importance of CEOs in the future.
Guest Speaker: Michael Aldous, Lecturer in Management at Queen’s Management School, and a Research Associate at Queen’s University Centre for Economic History. Currently Im working on a Leverhulme Trust grant investigating British CEOs in the 20th century, examining factors such as personality traits, career progression, and networks, on firm performance.
Moderator: Associate Professor Richard Powers, Rotman School of Management, University of Toronto. National Academic Director, Directors Education Program and Governance Essentials Program.
Attendees will need to register to attend. All registered participants will be given Zoom login information on March 29th.
Presentation and Series Sponsored by: