Breakingviews - Schneider CEO’s tenure is refreshingly sustainable

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Breakingviews - Schneider CEO’s tenure is refreshingly sustainable
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From Breakingviews - Schneider CEO’s tenure is refreshingly sustainable

Tricoire’s term is uncommon: only 19% of CEOs stay in the job for more than 10 years while the median tenure is just five years, according to a.

Tricoire has also avoided the faltering performance that often afflicts long-serving corporate chieftains. Over the last two decades Schneider’s revenue has quadrupled to 34 billion euros. Including dividends, shareholders have earned more than 10 times their money. That’s a better return than European rival Siemens

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