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Workforce Roundtable Part 1: Recruiting Biopharma Leaders As The Talent Pool Shrinks And Diversifies

 
• By Mandy Jackson

As Baby Boomers age out of the workforce, they'll be replaced in biopharma C-suites and boardrooms by a younger, more female and racially diverse group. A panel of current and former life science CEOs, venture investors and recruiters discuss the challenges and opportunities ahead.

business

The biopharmaceutical industry has been so good at forming new companies that it's created a looming leadership challenge: as today's CEOs and board members near retirement age, there aren't enough experienced executives behind them to fill all of the soon-to-be empty seats.

Baby boomers will be between the ages of 60 to 78 in 2024, according to the Bureau of Labor Statistics, but as they flood into retirement, Generation X and millennials will only trickle into the workforce, because growth in the labor force is slowing

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