People still holding power over the age of 80

April 16, 2021

This list tracks people who held powerful positions when over the age of 80, starting with those currently in office and then looking at those who have passed.

Charlie Munger, 97: vice-chair, Berkshire Hathaway: born January 1, 1924.

Queen Elizabeth II, 95: UK monarch: born April 21, 1926.

Warren Buffett, 90: chairman Berkshire Hathaway: born August 30, 1930.

Rupert Murdoch, 90: chair News Corp and Fox Corp: born March 11, 1931.

Gerry Harvey, 81: the Harvey Norman executive chairman was born on September 18, 1939.

Kerry Stokes, 80: the executive chairman of Seven West Media and Seven Group Holdings turned 80 last September, having been born in Melbourne on September 13, 1940.

Solomon Lew: the chairman of Premier Investments was born in 1945, so is into his 76th year and showing no signs of stepping down.

Past examples of people who were still serving when over the age of 80

Frank Lowy:
the former Westfield executive chairman turned 90 on October 22 last year and decided to retire as Scentre Group chairman on his 85th birthday birthday in 2015 and then bowed our as Westfield Corporation chairman when it was taken over by Unibail Rodamco in early 2018. He was 87 when the takeover completed. See AFR piece.

Thomas Watson Sr: the de facto founder of IBM, ran the company until just before his death in 1956, at the age of 82.

Ian Ferrier: finally bowed out as chairman of Goodman Group shortly before his 80th birthday in late 2020. See this AFR interview.

Ronald Reagan: retired as President in January 1989, shortly before his 78th birthday. Was born on February 5, 1911.

Bruce Teele: born on August 19 1937 and retired as AFIC chairman in October 2013 at the age of 76.

People who were forced out against their wishes shortly before turning 80

Ray Arani: was the long serving CEO of Occidental Petroleum and was finally forced off the board in 2013 at the age of 78. Born in 1935.