Wednesday, February 14, 2007

If You Are a Japanese Work Machine, It Still Pays to Be a Guy. And Old.

The economy pages of the Feb. 14 Yomiuri lists 10 major companies that have announced upcoming changes in their boards of directors including their presidents. The new presidents-designate get a short bio cum photo. The biggest of the bunch, the anointed head at Ishikawajima Harima, has a nice sidebar of his own, including an interview and very own photographer.

Average age of the new presidents (our equivalent of CEO)? 58.8. Barely baby boomers. If you take out Clark Granninger, 39, the new CEO at Aplus, the consumer finance company and Shinsei Bank subsidiary, it goes up to 61. The nine all came up through the ranks, of the parent company in a couple of cases. They are all men.

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