Latest news from Directorbank

8 July 2026

Ageism in the workplace: the last accepted ‘ism’

Ageism in the workplace: the last accepted ‘ism’
Written by James Searby, Director at Directorbank Executive Search
July 2026

This is an article I’ve been meaning to write for some time – partly to get it off my chest. I haven’t personally experienced ageism yet; I like to think I’m still in the prime of my life at 52, even if my three kids insist on calling me ‘old man’. The truth is probably somewhere between the two. I’ve been fortunate to be with Directorbank for many years, so I haven’t had to test the job market from a candidate’s perspective. But as a Director of an executive search firm, I’m in the privileged – and sometimes uncomfortable – position of seeing ageism in full flow, from both the client and candidate side.

Ageism is the last accepted ‘ism’: a prejudice that is still conscious, and still openly discussed. I have lost count of the number of times clients have requested candidates between the ages of X and Y – typically 35 to 55 – the sweet spot where there’s ‘enough experience’ but candidates are still seen as ambitious, energetic and not stuck in their ways. I understand the thinking, and it’s quietly accepted by recruiters as part of the unwritten brief. But it needs saying plainly: it is illegal. And it’s an equally unwritten fact that candidates outside the range are almost certain not to be hired — or even make the shortlist.

The statistics speak for themselves. According to research from the Centre for Ageing Better’s Age Without Limits campaign, half of adults over 50 have experienced ageism in the past year – and the workplace is where it happens most often. Much of it, I’m sure, is ‘friendly banter’, dished out in the same way as ribbing about height, hair colour or football team. But some of it cuts deeper, and its cumulative effect on careers is very real.

The timing could hardly be worse. As the state pension age rises alongside the cost of living, there is a genuine need for Gen X’ers to keep working into their 60s and even 70s. Add the fact that there were no mandatory pension contributions through the 80s, 90s and 00s, and continued employment isn’t a lifestyle choice for many – it’s a necessity.

So why is ageism so rife? Too often, those over 50 are written off as ‘over the hill’ – lacking energy, set in their ways, and in the sunset of their careers, so presumed to be less ambitious than younger candidates still climbing the ladder. In private equity-backed businesses there’s an added dynamic: a younger management team is often seen to command a higher enterprise value on exit, because they can be marketed as a team willing to stay for the duration of the next investment cycle.

The case for hiring in your 50s and 60s

There are compelling reasons why employers should look hard at candidates in mid-life. Today’s Gen X’ers are undoubtedly fitter than previous generations – the start line of any marathon will prove that. But the case goes far beyond a more youthful generation of middle-agers.

Experience
With age comes experience – and the battle scars ‘earned’ from mistakes made in youth. Older candidates have lived through multiple economic cycles and learned how to navigate the tough times. They’ve dealt with difficult situations and difficult people, and they know what’s likely to work and what won’t. The result: better judgement and fewer avoidable mistakes.

Longer tenure
Older employees stay with an employer far longer than younger colleagues, who are understandably keen to move up the career and salary ladder as quickly as possible. Given the true cost of replacing a senior hire, retention is a genuine financial advantage.

Reliability
Employers often assume older workers will be off sick more. The evidence says otherwise – older employees typically take fewer sick days than their younger counterparts.

Networks
Decades of working across multiple companies builds a network that no amount of raw talent can shortcut. That address book can be leveraged from day one – for business development, partnerships, or hiring into the business.

Mentoring
Those with more experience can accelerate the development of younger talent – and usually enjoy doing so. Younger employees genuinely value the ‘war stories’ of those who’ve been there before, something already embedded in other cultures, such as Japan.

Autonomy
More experienced employees need less hand-holding. They’ve done the role, or something like it, before – which frees up their bosses to focus elsewhere.

The balance

Hiring more people in their 50s and 60s benefits society as a whole, but it’s not charity – it’s a commercial advantage. Gen X’ers bring deeper experience, lower attrition costs, faster time to productivity, stronger networks, and access to a talent pool your competitors are irrationally ignoring.

As with most things, balance is the answer. The exuberance of youth, tempered with the experience of middle age, is undoubtedly the most powerful combination in any workplace. The employers who work that out first will have a significant head start on those still writing their briefs with an unwritten age range.

 
Author:
James Searby
Director
Directorbank Executive Search
j.searby@directorbank.com

 

30 April 2026

CFO Remuneration Study – UK & Germany, 2026

CFO Remuneration Study – UK & Germany, 2026:
We are pleased to share our latest CFO Remuneration Study which has been designed to help inform PE investors and company boards as they attract, retain and reward senior finance leadership.

The study draws on two complementary sources – a recent survey of CFOs and Finance Directors within our candidate network, and data gathered through conversations with finance professionals during our ongoing search activity.

For the UK, together these form a combined study universe of 373 participants spanning private equity-backed, privately owned, and listed businesses from the UK mid-market. For Germany, the combined study universe is 264 participants spanning private equity-backed and privately owned businesses from the German mid-market.

Extensive desk research has also been conducted to supplement and verify the findings.

We would like to extend our sincere thanks to the finance professionals who gave their time to participate in our survey – your contribution is greatly appreciated.

To open the UK report, please click here: Directorbank_UK_CFO Remuneration Study 2026

To open the German report, please click here: Directorbank_Germany_CFO Remuneration Study 2026

10 March 2026

Key takeaways – Buy & Build, Insider Dealmakers Lunch Series, Midlands

Event Summary: 10 key takeaways from the BUY & BUILD Midlands Insider Dealmakers Lunch Series:

Last week, Directorbank’s Ben Gilbert and Simon Thomas attended the Midlands Insider Dealmakers Lunch Series which focused on Buy & Build strategies. They heard from from investors, corporate acquirers, advisors and operators who are actively executing these strategies across the UK and Europe.

Ben has written a summary of the ten key themes that emerged from the discussion, along with some broader reflections on the main takeaways from the event.

Click here to access the report

Buy & Build continues to be a dominant driver of mid-market growth. What was particularly interesting in this discussion was how much the model continues to evolve. While access to capital remains important, the conversation has clearly shifted. Increasingly, the differentiator between successful platforms and those that struggle is not simply the deal itself, but the strength of underlying strategy, leadership capability and operational discipline that supports it.

22 January 2026

Our Review of 2025

DIRECTORBANK – REVIEW OF 2025:
Following a cautious start to 2025, Directorbank has observed a steady increase in demand for executive talent across the Private Equity space. While investors remain prudent, a shift towards optimism is emerging, with PE firms placing further emphasis on driving growth, efficiency and strategic alignment within their portfolio companies. Although deal volumes have yet to fully accelerate, the perception of assets as undervalued, combined with a gradual easing of inflation and interest rates, indicates a likely uptick in investment activity as the year progresses.

In terms of Executive Search, we’ve seen sustained demand for Chairs, NEDs, CEOs/MDs, and Sales & Marketing Directors. However, there has been a marked rise in the need for commercially minded CFOs and COOs reflecting an increased focus on financial agility, strategic foresight, and operational excellence at the Board level.

Sector-wise, performance within Industrials and Tech & Comms has remained strong, with Business Services also demonstrating resilience. Our German practice has also delivered excellent results, contributing a third of our overall business, and was once again recognised as a ‘top search consultant for Private Equity’ in WirtschaftesWoche’s annual survey.

In-house, we remain committed to enhancing our candidate database and leadership assessment capabilities to meet the evolving needs of our clients. This investment allows us to provide more effective, data-driven insights and highly relevant Board-level talent aligned to the growth, opportunities and challenges ahead.

Looking forward, our focus remains firmly on delivering high-quality, tailored Executive Search solutions for our Private Equity investor and Board clients. We also look forward to further building client relationships through our calendar of networking dinners, facilitating valuable connections between top-tier executives and investors.

Click here to view a summary of our activity and highlights.