The Oldest Public Company CEOs

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Images CEO/Chairman (Title, Company) Age Biography
Richard G. Newman (Chairman, AECOM Technology Corporation) 75 Newman earned a B.S. in civil engineering from Bucknell University in 1956 and four years later earned a Master’s in hydraulics and hydrology from Columbia University. Newman founded AECOM Technology Corporation in 1990. He became Chairman and CEO in 1991, giving up the latter position to John Dionisio in 2005. AECOM, a professional technical and management support services firm, was created by a group of employees who left Ashland Inc., which included Newman, director of the organization at the time. Under his management, AECOM has acquired more than 30 companies. Newman had a total compensation of $4.5 million in 2009.
Sumner Redstone (Chairman, CBS Corporation; Chairman, Viacom, Inc.) 86 After serving as a decoder during World War II, Redstone graduated from Harvard Law School and worked for the U.S. Department of Justice. He joined his father’s company, Northeast Theater Corporation, which later became National Amusements.  Redstone, using the umbrella of National Amusements, has purchased controlling interests in CBS Corporation and Viacom . Redstone became Chairman of the board of Viacom in 1986. He is known to have disputes with his family and potential successors – most recently having a fallout with his one-time protege Sirius CEO Mel Karmazin. Through Viacom, Redstone owns MTV, BET, Paramount and DreamWorks. Redstone has a net worth of $2.4 billion.
O. Bruton Smith (Chairman and CEO, Sonic Automotive) 83 As a boy, Smith promoted racing on dirt roads and bought his first track at 17. In 1959, Smith founded Speedway Motorsports, an owner and operator of racetracks for NASCAR. In 1997, Smith founded Sonic Automotive, one of the largest car dealerships in the country. Since then he has been the company’s chairman and CEO. Smith has an estimated net worth of $1.5 billion.
William R. Tiefel (Chairman, CarMax, Inc.) 75 Tiefel has been Chairman of the Board of CarMax since 2007. After receiving his B.A. from Michigan State University in 1956 in the hospitality business, he made his career in the hotel industry, serving for decades in various executive roles at Marriott International and Ritz Carlton Hotel Company. Tiefel recently retired as chairman of the Ritz-Carlton and vice chairman of Marriott International. Tiefel and his wife live in Palm Beach, Florida. His total compensation in 2009 was $300,000.

Michael B. Sauter, Ashley C. Allen, and Douglas A. McIntyre

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