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People Named Andrew Are Most Likely To Be CEO In Australia

People Named Andrew Are Most Likely To Be CEO In Australia

Seven percent of chief executives on leading ASX 200 companies were called Andrew.

Stewart Perrie

Stewart Perrie

Climbing the corporate ladder can be a brutal, debilitating, harsh one to master, depending on the industry that you're in.

Whether it's fierce competition or superiors that never seem to want to retire, it could take decades until you're sitting at the head of the company that you love and adore.

But, research has found that if your name is Andrew then you're more likely to become a CEO. Your namesake doesn't get you the position, but there are more chief executives in Australia called Andrew than any other name.

There are more Andrews as headcheese than there are women CEOs. Let that sink in for a second. Seven percent of chief executives on leading ASX 200 companies were called Andrew, compared to 5.5 percent of women.

PA

A study done by Conrad Liveris looked at Australian Bureau of Statistics data as well as disclosures from publicly available companies, finding that big-man Andrew was top dog more often than anyone else.

The closest competitor to Andy was Michael, which also had the same score as women.

Mr Liveris said: "Before becoming CEO, he likely headed a business unit or was the chief financial officer of that company."

He was able to map out Australia's most typical CEO, declaring: "When he finished school he went to a sandstone university, likely in the city that his company is situated, to study engineering or commerce.

"If he studied engineering, he eventually moved into project management, with some finance experience. If he studied commerce he moved toward accounting and through financial units.

via GIPHY

"His professional experience is primarily domestic. If he has international experience it is usually earlier in his career and in one jurisdiction, that is not across borders.

"It is more likely to be in banking than any other sector. He has worked in the industry his company operates in for more than 10 years."

More than a quarter of Aussie CEOs have an MBA, 27 percent studied engineering, 25 percent did business or economics and six percent undertook humanities at university.

Like we said, just because your name is Andrew doesn't mean you've got a shorter or easier path to becoming top dog. You still have to put in that hustle and hard graft; it's just interesting to note that Andrew seems to be the most common CEO name.

Featured Image Credit: PA

Topics: Interesting, Community