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Nordea number cruncher: Younger top executives outperform older colleagues

Younger CEOs at listed companies generate higher returns on investments than older CEOs, shows a study made by a Nordea Asset Management investment director in Norway.

Robert Næss of Nordea Asset Management has studied the age of top executives of listed companies. | Photo: PR

Nordea Asset Management's Investment Director Robert Næss has reviewed the age of top executives of listed companies and compared with the returns provided by these companies in Norway and internationally. And Næss' analysis shows that the youngest managers have created the highest returns for their shareholders.

"We are talking large numbers. Obviously, not all the companies with old bosses are bad and vice versa. But my calculations indicate that it is worth paying attention to the the age factor," says Robert Næss to Nettavisen Økonomi.

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