Where They'll Be in 2006
More of the current crop of CEOs plan to stay just where they are -- as CEO. In fact, 74% plan to still be leading the company five years from now; only 64% of the CEOs on last year's list made a similar bold prediction. Will CEOs build longer-lasting companies by staying at the top? Or will the CEOs miss the wild jolt of stimulation that a new start-up brings? Stay tuned. One thing's certain: many more of this year's CEOs plan to delegate than their counterparts in years past.
Percentage of the 2001 Inc 500 CEOs who plan to remain as CEO: 74%
Percentage of those CEOs who plan to retain all their duties: 44%
Percentage who plan to delegate to professional managers: 56%
Strategic Plans
Percentage of the 2001 Inc 500 CEOs who, in the foreseeable future, are considering
Acquiring other companies: 57%
Selling the company: 38%
Going public: 29%
Doing a roll-up: 17%
Where they're located
The 2001 Inc 500 by Location
Alabama: 8 Alaska: 0 Arizona: 5 Arkansas: 2 California: 59 Colorado: 20 Connecticut: 9 Delaware: 2 District of Columbia: 4 Florida: 26 Georgia: 19 Hawaii: 0 Idaho: 1 Illinois: 24 Indiana: 11 Iowa: 2 Kansas: 1 Kentucky: 7 Louisiana: 2 Maine: 1 Maryland: 9 Massachusetts: 29 Michigan: 14 Minnesota: 11 Mississippi: 4 Montana: 1 |
Missouri: 10 Nebraska: 2 Nevada: 2 New Hampshire: 5 New Jersey: 19 New Mexico: 4 New York: 33 North Carolina: 8 North Dakota: 0 Ohio: 17 Oklahoma: 4 Oregon: 9 Pennsylvania: 25 Rhode Island: 3 South Carolina: 2 South Dakota: 0 Tennessee: 8 Texas: 29 Utah: 11 Vermont: 0 Virginia: 27 Washington: 4 West Virginia: 0 Wisconsin: 7 Wyoming: 0 |
Biggest Gain
State with biggest gain in companies since 2000
New York, up 9 companies
Biggest Drop
States with biggest drop from 2000
California, down 10 companies
Texas, down 10 companies
Entrepreneurial Deserts
States with no Inc 500 companies
VT, ND, AK, HI, WV, WY, SD
Homegrown
Percentage of companies located in states where their CEOs were born: 34%
Top Metro Areas
Top five metro areas, by number of companies
1. New York City: 39
2. Washington, D.C.: 31
3. Boston: 30
4. San Francisco: 26
5. Chicago: 24
Note: Metro areas as defined by Rand McNally 2001 Commercial Atlas and Marketing Guide.
Top States
Top five states, by number of companies per million residents
1. Utah: 4.9
2. Colorado: 4.6
3. Massachusetts: 4.5
4. New Hampshire: 4.0
5. Virginia: 3.8
Note: Based on population figures from the U.S. Census Bureau.
Small Towns
A sampling of small towns where companies are based
1. Greenville, IN (pop.: 604)
2. Dripping Springs, TX (pop.: 1,100)
3. Ringgold, GA (pop.: 1,920)
4. Berlin, PA (pop.: 2,115)
5. Oakbrook Terrace, IL (pop.: 2,436)
6. Glenwood, MN (pop.: 2,600)
7. West Lebanon, NH (pop.: 3,784)
8. Wayzata, MN (pop.: 4,088)
9. Arcade, NY (pop.: 4,184)
10. West Dundee, IL (pop.: 4,347)
Susan Greco is a senior writer at Inc.
View the 2001 Inc 500 list .
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