{"id":77857,"date":"2025-06-23T11:59:06","date_gmt":"2025-06-23T08:59:06","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=77857"},"modified":"2025-06-23T11:59:06","modified_gmt":"2025-06-23T08:59:06","slug":"korn-ferry-report-reveals-ceo-succession-trends-across-top-100-tadawul-listed-companies-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/06\/23\/korn-ferry-report-reveals-ceo-succession-trends-across-top-100-tadawul-listed-companies-in-saudi-arabia\/","title":{"rendered":"Korn Ferry Report Reveals CEO Succession Trends Across Top 100 Tadawul-Listed Companies in Saudi Arabia"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Younger, locally promoted, and increasingly diverse: The face of executive leadership in the Kingdom is changing<\/em><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"975\" height=\"531\" src=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/06\/image-10.png?v=1750669096\" alt=\"\" class=\"wp-image-77859\" srcset=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/06\/image-10.png?v=1750669096 975w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/06\/image-10-300x163.png?v=1750669096 300w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/06\/image-10-768x418.png?v=1750669096 768w\" sizes=\"auto, (max-width: 975px) 100vw, 975px\" \/><figcaption class=\"wp-element-caption\">Korn Ferry Report Reveals CEO Succession Trends Across Top 100 Tadawul-Listed Companies in Saudi Arabia<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.google.com\/url?q=http:\/\/www.kornferry.com\/sa&amp;sa=D&amp;source=docs&amp;ust=1749708250510519&amp;usg=AOvVaw3W6HNv71uTmUFPL0F6IKHs\">Korn Ferry<\/a>, the global organisational consulting firm, has released a new report analysing how CEO appointments are evolving across Saudi Arabia\u2019s business landscape, offering fresh insight into the trends shaping the next generation of leadership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report, titled <em>\u201cCEO Succession in Saudi Arabia 2025\u201d<\/em>, explores how organisations are approaching the critical issue of CEO succession. As part of the study, Korn Ferry conducted an in-depth analysis of publicly available data on CEO succession events that took place among the top 100 publicly listed companies by market capitalisation on the Tadawul stock exchange. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the report centres on the mechanics and challenges of succession planning, it also uncovered clear trends in the profile and characteristics of newly appointed CEOs in the Kingdom.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key insights from the report include:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rise of Younger Saudi Leaders:<\/strong> The average CEO age dropped to 47 in 2024, with 65% stepping into the role for the first time, showing growing confidence in younger, homegrown leadership.<\/li>\n\n\n\n<li><strong>Internal Promotions Dominate:<\/strong> 71% of new CEOs in Tadawul\u2019s Top 100 were internal hires, reflecting a strong commitment to growing and retaining internal talent.<\/li>\n\n\n\n<li><strong>Internal vs. External Balance:<\/strong> While internal succession offers speed and continuity, benchmarking against external talent ensures objectivity and highlights development needs.<\/li>\n\n\n\n<li><strong>Nationalisation gains ground:<\/strong> 88% of recently appointed CEOs are Saudi nationals, underscoring the country\u2019s focus on building and elevating local leadership.<\/li>\n\n\n\n<li><strong>Gender gaps remain, but change is underway:<\/strong> None of the newly appointed CEOs on Tadawul in the past year were women. However, Korn Ferry notes a rising number of Saudi women taking on Director and C-suite roles, indicating progress in building a more inclusive leadership ecosystem.<\/li>\n\n\n\n<li><strong>Building Leaders for Vision 2030:<\/strong> Internal development is currently the quickest path to strengthening Saudi Arabia\u2019s leadership pipeline, while external hires remain key for injecting fresh perspectives.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u201c<em>As Saudi Arabia accelerates its transformation under Vision 2030, we are seeing companies recalibrate what leadership looks like,<\/em>\u201d said <strong>Danny Leinders, Head of Executive Search Middle East &amp; North Africa<\/strong>. \u201c<em>This shift towards younger, locally promoted, and first-time CEOs reflects both growing leadership confidence and a maturing talent strategy. Boards and leadership teams that embrace this change, and plan for it, will be best positioned for long-term resilience.<\/em>\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report also encourages organisations to view CEO succession not as a one-off decision, but as an integrated component of corporate governance, talent development, and business continuity planning.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Younger, locally promoted, and increasingly diverse: The face of executive leadership in the Kingdom is changing Korn Ferry Report Reveals CEO Succession Trends Across Top 100 Tadawul-Listed Companies in Saudi Arabia Korn Ferry, the global organisational consulting firm, has released a new report analysing how CEO appointments are evolving across Saudi Arabia\u2019s business landscape, offering &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2854],"class_list":["post-77857","post","type-post","status-publish","format-standard","hentry","category-news","tag-tadawul"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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