Here is an interesting article about LBYM CEO style:
What kind of car does the boss drive?
PR NEWSWIRE
CHICAGO — Do you know what kind of car your boss drives and how much it cost? Is your car type or color on par with others in your profession? According to a survey commissioned by CareerBuilder.com and Cars.com, perceptions are very different from reality.
Not surprisingly, a majority (59 percent) of survey respondents think a typical CEO drives a luxury vehicle. The car most commonly associated with a company’s CEO is a black Mercedes- Benz. The CEO sample includes those with CEO, chairman, executive director, president or COO titles.
The truth is more CEOs surveyed drive ordinary passenger cars and SUVs than luxury cars; in fact, those who drive Chevrolets outnumber those in Mercedes. And while most respondents think CEOs spend more than $70,000 on their cars, the average price CEOs in this study paid for their primary vehicle is less than $25,000. One in- four (26 percent) of CEOs surveyed reported they spent less than $20,000 on their primary vehicle.
The following is a breakdown of the types of vehicles CEOs in the survey report they own:
● 29 percent — passenger cars
● 24 percent — SUVs
● 19 percent — luxury cars
● 13 percent — pickup trucks
● 9 percent — minivans
● 6 percent — sports cars
“When it comes to the perception of what CEOs drive, the respondents surveyed who believe a black Mercedes-Benz is the car of choice for CEOs aren’t the only ones,” said Patrick Olsen, managing editor of Cars.com.
“A similar majority of CEOs who responded to the survey thought their peers were mostly driving expensive luxury cars as well.”
Looking at specific industries, the survey found that respondents working in banking and finance are more likely than workers in any other career segment to drive luxury and sports cars, followed by engineers.
If you want to read the rest, go to http://www.print2webcorp.com/news/washingtontimes/AutoWeekend/20060818/p02.asp and click on the body of the article.
What kind of car does the boss drive?
PR NEWSWIRE
CHICAGO — Do you know what kind of car your boss drives and how much it cost? Is your car type or color on par with others in your profession? According to a survey commissioned by CareerBuilder.com and Cars.com, perceptions are very different from reality.
Not surprisingly, a majority (59 percent) of survey respondents think a typical CEO drives a luxury vehicle. The car most commonly associated with a company’s CEO is a black Mercedes- Benz. The CEO sample includes those with CEO, chairman, executive director, president or COO titles.
The truth is more CEOs surveyed drive ordinary passenger cars and SUVs than luxury cars; in fact, those who drive Chevrolets outnumber those in Mercedes. And while most respondents think CEOs spend more than $70,000 on their cars, the average price CEOs in this study paid for their primary vehicle is less than $25,000. One in- four (26 percent) of CEOs surveyed reported they spent less than $20,000 on their primary vehicle.
The following is a breakdown of the types of vehicles CEOs in the survey report they own:
● 29 percent — passenger cars
● 24 percent — SUVs
● 19 percent — luxury cars
● 13 percent — pickup trucks
● 9 percent — minivans
● 6 percent — sports cars
“When it comes to the perception of what CEOs drive, the respondents surveyed who believe a black Mercedes-Benz is the car of choice for CEOs aren’t the only ones,” said Patrick Olsen, managing editor of Cars.com.
“A similar majority of CEOs who responded to the survey thought their peers were mostly driving expensive luxury cars as well.”
Looking at specific industries, the survey found that respondents working in banking and finance are more likely than workers in any other career segment to drive luxury and sports cars, followed by engineers.
If you want to read the rest, go to http://www.print2webcorp.com/news/washingtontimes/AutoWeekend/20060818/p02.asp and click on the body of the article.