Energy industry’s biggest shortage? Future executives.

With half the workforce expected to retire in the next decade and thinning ranks at the top, program targets young leaders.

HOUSTON
For years, energy analysts have been warning that their industry will run out of employees faster than it runs out of oil or gas. By some estimates, half the workforce will retire in the next 10 years. But the biggest need, they say, is to replenish the ranks of senior management.

“The need for an infusion of new talent is a real dilemma right now – especially for energy executives,” says Gene Morrissy, a senior consultant at RHR International, an executive development firm based in Wood Dale, Ill. “And it’s incumbent on them to make sure, once they find that talent, that they are training them for those senior roles.”

Christian Science Monitor