CHRO Demographic Analysis

Demographic Analysis of
Fortune 100 CHROs
February 2019
© Insightory Inc. 2019. All rights reserved.

91 incumbents were analyzed across the Fortune 100
companies, representing all major industries
1
100 companies in
10 industries
• 91 incumbents in the Head of Human
Resources role
o 85 with primary responsibility in
Human Resources
o 6 with major responsibilities in
addition to Human Resources
(Communications, Administration,
Marketing, Legal, Real Estate,
Public/ Government Affairs)
• 8 in various stages of transition (including
company merger), and hence not included
• 1 without a designated Head of Human
Resources role (Berkshire Hathaway)
Annual revenues of
$30 Billion to
$500 Billion
Oversight of
5,000 - 2,300,000
employees
• Basic Materials (1)
• Consumer Goods (8)
• Consumer Services (18)
• Financials (21)
• Health Care (14)
• Industrials (12)
• Oil & Gas (9)
• Technology (12)
• Telecommunications (4)
• Utilities (1)
Used the Industry
Classification Benchmark

The most common title is EVP of Human Resources – in many
cases accompanied by a primary or secondary title of “CHRO”
2
*Figures add up to greater than 100% because the title “Chief” is often included along with a level designation such as EVP, SVP, etc. Such titles are included in both categories (Chief + EVP or SVP).
**Human Resources included Human Capital and Labor, but not People.
Titles are often imprecise since different sources of data show different titles.
Chief* 52%01
EVP* 40%02
SVP* 32%03
Corporate VP/
VP
5%04
Head 4%05
Human
Resources**
82%01
Administration 7%02
People 5%03
Human Resources
& Other
3%04
People & Other 2%05
Function
Suffix
Level
Prefix

Age spread is nearly 2x; Mostly Gen X and Boomers, with a few Millennials
breaking through; Younger CHROs are overwhelmingly female
3
Overall Female Male
Mean Age 54 54 56
Age Range 37 - 71 38 - 66 37 - 71
< 50 years 22% 80% 20%
50 – 59 years 60% 62% 38%
Over 60 years 18% 63% 38%
The “Overall” column shows % of total e.g. 22% of total CHROs are <50 years. The next 2 columns show
percent of that age group e.g. of those 22% CHROs that are <50 years, 80% are female and 20% are male.
Numbers do not add to 100% due to rounding

Two-thirds of the CHROs are female, which
is the highest for any C-suite position
4
60
31
Female representation is well above the norm for executive positions.
Only 23% of the Fortune 1000 C–Suite is comprised of female executives.
CHRO is perhaps the most
gender-diverse C-suite
position, with 66% female vs
34% male incumbents

Almost two-thirds spent majority of their career in HR; however a large number
had general management or cross-functional experience as well
5
Of the 23% who came from outside
HR, majority (13/21) had general
management/ operations or multi-
functional experience. There were a
few who spent majority of their career
in a function like Finance/ Accounting
(3), Communications (2), Marketing/
Sales (1), Legal (1) and Purchasing (1).
64%
Majority of their career in HR
General Management/
Operations
Most common function for non-HR
53%
Immediate previous role was
HR Leader for a BU/ Region
The immediate previous position
before they became CHRO was:
64% of CHROs have spent the
majority of their career in Human
Resources, 13% in HR as well as
non-HR functions, and 23% had
majority of their career outside HR. • HR leader for a BU/ Region (53%)
• Non HR (30%)
• Talent Management (13%)
• Rewards (3%)

Two-thirds were internal hires; Only a quarter of external hires were
from the same industry; Vast majority spent their entire career in the US
6
• This includes promotions as well as
lateral moves into the CHRO position
within the company.
• Of the 34% external hires, a majority
came from the top HR job in another
company.
Internal Hires Same Industry Entire career in US
• For this analysis, we only considered
31 CHROs who were brought in from
the outside.
• Only 8 of 31 (26%) were from the same
industry. There was no specific pattern
among the rest ... there were moves
from Professional Services to Retail,
from Pharmaceuticals to Financial
Services etc., reinforcing the industry-
agnostic nature of this position.
• This only includes a job located outside US
(not having international responsibilities)
• Perhaps not surprising since the US F100
includes several companies that are largely
domestic (e.g. retail, healthcare).
• Interestingly, of the 10 CHROs that did
have international experience, 7 were newly
appointed i.e. in the job <2 years.
66% 26% 89%

Majority of CHROs are new in their jobs
7
Across industries
The average tenure is 4.6 years. The tenure range is very wide (0.2 to 18.8
years), which might be expected since this role has a combination of long-
service as well as newly appointed CHROs.
Distribution
The distribution of tenure is very left-skewed. 40% of CHROs have been in the
job less than 2 years. Half of them them have been there 3.1 years or less.
The industry distribution is also surprising. Technology has the highest average
(as well as highest min and max) tenures while Oil and Gas has the lowest.
Newly appointed CHROs
Newly appointed CHROs (i.e. those in the job <2 years) are overwhelmingly
female (72%), which implies that the gender skew in the role is likely to continue.
The average age of newly appointed CHROs is 53, which is close to the overall
average (54).
Years in current CHRO job
NumberofCHROs
36
16
11
8 8
5 4 3
0
5
10
15
20
25
30
35
40
<2 2-4 4-6 6-8 8-10 10-12 12-14 >14
Tenure

Majority of CHROs did not attend highly selective
schools at undergraduate or graduate level
8
Undergraduate
School Rank
Roughly equivalent numbers between
private and public schools (51% vs 49%).
Graduate School Rank
Roughly equivalent numbers between
private and public schools (52% vs 48%).
>50
54%
21-50
24%
Top 20
22%
>50
51%
21-50
23%
Top 20
26%
School rankings were based on US News and World Report rankings of National Universities.
To ensure comparability, we only included those who studied in US universities. Seven CHROs had undergraduate degrees from outside the US that are not included above.

List of educational institutions
9
Undergraduate Institutions
Arizona State University (1)
Augustana College (1)
Bellarmine University (1)
Bloomsburg University (1)
Boston College (2)
Bowdoin College (1)
Brigham Young University (1)
Bryant University (2)
Bryant University (1)
CA Polytechnic State Univ. - San Luis Obispo (1)
California State University, Fullerton (1)
Colby University (1)
Columbia University (1)
Cornell University (3)
Davidson College (1)
DePaul University (1)
Eastern Michigan University (1)
Emory University (1)
Fairfield University (1)
Georgetown University (1)
Georgia Institute of Technology (1)
Georgia State University (1)
Harvard University (1)
Lehigh University (1)
Lindenwood University (1)
Loyola University (1)
Marshall University (1)
Miami University of Ohio (2)
Michigan State University (2)
Milkin University (1)
Moravian College (1)
Northern Illinois University (1)
Oberlin College (1)
Osmania University (1)
Princeton University (3)
Providence College (1)
Rutgers University - New Brunswick (1)
Shaw University (1)
Smith College (1)
Southwestern Oklahoma State University (1)
State University of New York at Binghamton (1)
State University of New York at Buffalo (1)
Syracuse University (2)
The University of Dayton (1)
Trinity College (1)
U.S. Merchant Marine Academy (1)
University of Alabama (1)
University of Bridgeport (1)
University of Bristol (1)
University of California, Berkeley (1)
University of California, Davis (1)
University of California, Los Angeles (1)
University of Central Florida (1)
University of Dayton (1)
University of Florida (2)
University of Illinois at Urbana-Champaign (1)
University of Massachusetts, Amherst (1)
University of Melbourne, Australia (1)
University of Memphis (1)
University of Michigan (1)
University of Northern Colorado (1)
University of Pennsylvania (1)
University of Puget Sound (1)
University of Rochester (1)
University of Santo Amaro (1)
University of St. Thomas (1)
University of Strathclyde (2)
University of Texas at San Antonio (1)
University of Toronto - Trinity College (1)
University of Washington (1)
University of Wisconsin - Parkside (1)
Utah State University (1)
Villanova University (1)
Washington University of St Louis, Missouri (1)
Wayne State University (1)
Weber State University (1)
Wesleyan University (1)
Yale University (1)
Graduate Institutions
Babson College (1)
Bentley College (1)
Boston University (1)
Brigham Young University (2)
Brooklyn Law School (1)
Carnegie Mellon University (2)
Case Western Reserve University (2)
Colorado State University (1)
Colorado Technical University (1)
Columbia University (1)
Cornell University (2)
Duke University (1)
Emory University (2)
Farleigh Dickinson University (1)
George Mason University (1)
Georgetown University (1)
Harvard University (2)
Heriot-Watt University (1)
Indian Institution of Management (1)
Indiana University Bloomington (1)
Lesley University (1)
Loyola University of Chicago (2)
Michigan State University (1)
New York University (2)
Northern Illinois University (1)
Ohio State University (1)
Rice University (1)
Rutgers University (1)
Salve Regina University (1)
San Jose State University (1)
Stanford University (1)
The New School (1)
University of California, Los Angeles (1)
University of Central Florida (1)
University of Central Oklahoma (1)
University of Connecticut (2)
University of Florida (2)
University of Illinois (1)
University of Iowa (1)
University of Minnesota (2)
University of Missouri, St. Louis (1)
University of Pennsylvania (2)
University of South Florida (2)
University of Utah (1)
University of West Virginia (1)
Villanova University (1)
Washington University in St. Louis (1)
Wayne State University Law School (1)
Post-Graduate Institutions
Rutgers University (1)
University of Delaware (1)
University of Missouri - St. Louis (1)
Includes US as as well as non-US schools

About this research
With a dramatic increase in the importance and stature of the
CHRO position, we wanted to answer a simple question: “Who
are the CHROs of the largest companies in the US?”
We looked at public-domain data from company websites,
LinkedIn, as well as reputable news sources such as
Bloomberg. Our research was limited to demographic
information such as time in position, age, gender, education, etc.
since that could be obtained from the public domain sources.
Key factors that drive the CHROs success (such as leadership
and decision-making styles, relationships with CEOs and peers
etc.) are unfortunately not available in the public domain,
although firms such as Korn Ferry and Russell Reynolds have
done extensive research on this topic.
In a few cases, we made inferences to arrive at data points e.g.
where age was not available, we inferred it based on year of
graduation and/ or year of first job.
The research was conducted in January 2019. Any CHRO
moves in 2019 are not reflected in the data.
This research is intended for informational purposes only. Due to
the nature of this type of social research, there can be cases
where the data, or our inference thereof, is not accurate. No
warranty is provided or implied on the accuracy of this data.
10© Insightory Inc. 2019. All rights reserved.

Authors and contact information
11© Insightory Inc. 2019. All rights reserved.
Insightory is a boutique management consulting firm with offices in Chicago, Denver and Houston.
We work with clients in 3 main areas: Business Transformation, Talent and Compensation.
Avneet Jolly
Chief Consultant
Avneet is Insightory’s Founder
and Chief Consultant. He was
previously a consultant and
Practice Leader with Hewitt
Associates/ AonHewitt.
Houston, TX
Tel: 832-515-8862
Avneet.Jolly@Insightory.com
Harold Klausner
Executive Advisor
Harold is an Executive Advisor with
Insightory. He was previously in
Practice and Market Leadership roles
at Willis Towers Watson, Mercer and
Sedgwick.
Denver, CO
Tel: 970-531-3892
Harold.Klausner@Insightory.com
Craig Briscoe
Executive Advisor
Craig is an Executive Advisor with
Insightory. He was previously in HR
Executive positions at Dell and senior
consulting positions at Hewitt and
Towers Watson.
Austin, TX
Tel: 512-636-4042
Craig.Briscoe@Insightory.com
Ash Seth
Director
Ash is a Director and Chicago market
leader with Insightory. He was previously
a consultant and Operations leader with
Hewitt Associates and Aon in US, China
and India.
Chicago, IL
Tel: 847-656-5853
Ashim.Seth@Insightory.com

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