Average CMO tenure holds firm at 4.2 years, according to new data
And there are more first-time CMOs than ever, according to head-hunting firm Spencer Stuart.
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And there are more first-time CMOs than ever, according to head-hunting firm Spencer Stuart.
More CEOs gave their CMOs an A on an academic grading scale as of 2023 than 2022, according to a report from marketing agency Boathouse.
He joined the agency in February.
For CMOs, “winning today is really, really hard,” Greg Welch, a partner at executive search and consulting firm Spencer Stuart, explained.
A Gartner analyst told us that the “marketing executive talent pool is richer for the moment.”
The ability to be “financially conversant,” connecting marketing performance to the broader business, can separate “truly high-performing CMOs from everyone else,” said the executive lead of Deloitte's CMO Program.
But CMO tenure is still “remarkably low” compared to other C-suite roles.
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