Want to learn how to run a company? Sitting a few feet from the person who already does it may be one of the most valuable career moves available.<\/p>\n
\n
Chief of staff roles are booming across corporate America, offering ambitious workers a rare combination of executive access, six-figure compensation and a potential springboard into senior leadership. Job postings for corporate chiefs of staff more than doubled year over year, according to Revelio Labs data reported by Bloomberg, while the number of people holding the title in North America has more than tripled since 2021, according to Live Data Technologies.<\/p>\n
The compensation can match the access. Senior chiefs of staff can reportedly command salaries above $200,000, while some positions in technology and finance can reach $400,000 or more, plus equity.<\/p>\n
But the biggest perk may be what happens inside the job.<\/p>\n
A chief of staff can spend every day alongside a CEO or another senior executive, helping decide which problems deserve attention, translating strategy into action and coordinating projects across departments. They may help prepare board materials, sit in on critical meetings, track company priorities, troubleshoot stalled initiatives, and act as a sounding board for the executive they support.<\/p>\n
That proximity provides something difficult to replicate through a traditional corporate career path: a panoramic view of how a company operates.<\/p>\n
Companies increasingly value that versatility as executives contend with AI adoption, geopolitical uncertainty and the challenge of managing increasingly complex global businesses. Chiefs of staff help executives manage competing priorities and make sure their decisions translate into action across the company.<\/p>\n
The role can also accelerate the career of the person doing it.<\/p>\n
McKinsey analyzed publicly available data on roughly 250 chiefs of staff and found that the median tenure in the role was just 2.3 years. Two-thirds were promoted afterward, moving up by more than one organizational level on average. Just 10% went directly into another chief-of-staff role. About 75% of the chiefs of staff McKinsey studied worked for CEOs, while the rest supported other C-suite executives, regional leaders, or board chairs.<\/p>\n
That makes the job something of an apprenticeship in executive leadership. For workers eyeing an eventual VP, COO, chief strategy officer, or CEO title, a few years spent next to the person at the top can offer an unusually close look at what it takes to get there.<\/p>\n
Ruth Umoh<\/strong>
ruth.umoh@fortune.com<\/p>\nSmarter in seconds<\/h3>\n
Robot riches. <\/b>Crypto billionaire Michael Saylor says he made $15 billion last year with ChatGPT\u2014and has one rule: \u2018Don\u2019t try to outwork the robots\u2019<\/span><\/p>\nBillionaire beginnings. <\/b>Apollo CEO has a $11.1 billion net worth today\u2014but he started out with a series of hospitality jobs, from valet parking to working in a party store<\/span><\/p>\nRejection rocket. <\/b>How Whatnot\u2019s founders turned 100 investor rejections into a $20 billion live-shopping rocket ship<\/span><\/p>\nLeadership lesson<\/h3>\n
Barnes & Noble\u2019s CEO <\/span>on his revitalization of the retailer<\/span>: \u201cI simply wanted to make these stores good again, and one sets [out] on a series of very slow and incremental processes to do that.\u201d<\/span><\/p>\nNews to know<\/h3>\n
Google DeepMind\u2019s leadership shake-up capped a year of delayed models, missed deadlines, talent departures, and staff burnout. <\/span>Fortune<\/span><\/i><\/p>\nMark Zuckerberg laid out Meta\u2019s AI vision, pledging more open-weight models, new AI releases, and a $1 billion fund for data center communities. <\/span>WSJ<\/span><\/i><\/p>\nOpenAI\u2019s Hugging Face hack has become a costly PR crisis after its explanation went viral. <\/span>Fortune<\/span><\/i><\/p>\nTaylor Farms recalled jalape\u00f1o-containing foods across more than two dozen states, just weeks after its lettuce was linked to a separate recall. <\/span>Bloomberg<\/span><\/i><\/p>\nA proposed deal to reopen the Strait of Hormuz would reportedly give Iran control over inbound traffic, challenging U.S. demands for a return to prewar freedom of navigation. <\/span>Fortune<\/span><\/i><\/p>\nAt 29, Michael Dell\u2019s son has built a $13 billion home-battery business that he wants to install in every backyard in America. <\/span>Fortune<\/span><\/i><\/p>\nPresident Donald Trump is renewing his effort to fire Fed governor Lisa Cook after the Supreme Court blocked his first attempt. <\/span>Fortune<\/span><\/i><\/p>\n<\/div>\n#sixfigure #CEOadjacent #job #accelerate #Csuite #path<\/p>\n","protected":false},"excerpt":{"rendered":"
Want to learn how to run a com… <\/p>\n","protected":false},"author":1,"featured_media":1982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3921,1574,1575,1576,3920,1405,1577,1578,1579,3290,544,1408,1580,1581,3922,2690,1582,1583,1584],"class_list":["post-1981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-accelerate","tag-building-your-career","tag-business-leadership","tag-ceo-salaries-and-executive-compensation","tag-ceoadjacent","tag-chief-executive-officer-ceo","tag-corner-office","tag-corporate-leadership","tag-corporate-strategy","tag-csuite","tag-job","tag-leadership-advice","tag-management-advice","tag-next-to-lead","tag-path","tag-sixfigure","tag-skills","tag-succession","tag-succession-planning"],"yoast_head":"\n
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