Boston #1 City for CEOs, San Francisco #2 in New Poll
Press release from the issuing company
Friday, November 1st, 2013
Jeff Christian & Co., is a leading talent centric private equity firm mobilizing transformational leadership talent and the ideal financial resources required to transform an idea or a company into a market leader.
Said Mr Christian; "We identified the 60 qualities that make up the most exceptional leaders, we call these 60 Point CEOs, and we started to see that a huge percentage of them lived in and around Boston."
The dynamics that make Boston such a great city for transformation and innovation are ones well worth exploring. Per capitaMassachusetts is the third state issuing the most number of patents in the United States at 3 patents per thousand people. It is home to Harvard. Harvard produces more Fortune 500 CEOs than any other university in the USA with 65 (its closest rival wasStanford with 27). The Boston area boasts 49 colleges and universities in total. It also has one of the greatest concentrations of funding capabilities in the form of VC and PE firms, (341, second only to the San Francisco Bay Area). Thanks to Route 128 and the huge investment within the '80s, the spin off dynamic is a big one – as companies get bought or merge, new ones get born. And the commerce is diverse ranging from social media to biotech, allowing Boston to excel at many enterprises.
Top CEOs have been in Boston from its inception – Boston had Benjamin Franklin (worth $10.3 billion in today's dollars when he died), Bell (first became a CEO in Boston), and Edison (CEO first in Boston), through to Joe Tucci, one of today's great CEOs.Jack Welch, one of our most heralded CEOs and CEO makers comes from Massachusetts. Notably he still resides in Bostontoday. Talent retention is a major factor to the state's success - it is a CEO mentoring ground. Jack himself has mentored and coached over 30 CEOs of major corporations.
While Boston continues to thrive in the software, internet, social media and technology including defence and biotech the number of great quality CEOs just continues to increase. Jeff Christian concludes, "Boston is thriving and will continue to grow as a dominant and highly respected player & Mecca for transformational CEO talent'."