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Understanding why globally mobile executives choose to stay.

My research explores the decisions of Peripatetic International Executives (PIEs)—senior leaders who build their careers across countries and cultures.

It challenges conventional assumptions about retention and reveals what truly matters to exceptional leaders.

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RESEARCH

THE STUDY

A three-year mixed-methods research program.

The study combined in-depth qualitative interviews with a large-scale quantitative analysis.

30+

In-depth interviews

with senior executives across countries

38

Countries

represented in the quantitative study

400+

Executives surveyed in global pharmaceutical and medtech companies

3

Years of rigorous research, analysis, and validation 

KEY FINDINGS

What truly drives the decision to stay.

The research challenges many widely held beliefs about executive retention.

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Career growth is the strongest driver.

The perception of a credible future, continued learning, and expanding scope is art most influences senior executives to stay.

Leadership quality comes second.

Leaders who inspire trust, proved clear direction, and develop talent have a profound impact on retention.

Off-the-job factors mattered far less than expected.

Family, location, and community are important-but typically as enablers of the decision, not as primary drivers.

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Compensation and location have minimal impact.

They contribute, but rarely determine the decision to stay.

These patterns hold across regions, roels, and demographics

Gender, age, and national origin do not significantly change the factors that influence staying.

These findings suggest that executive retention should be understood less as a question of keeping executives from leaving and more as creating organizational conditions that make staying the better career decision.

These ideas also inform my advisory work with organizations.

Every organization is different.

A stronger retention strategy begins with understanding what your senior leaders see in their future.

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© 2026 Federico Grayeb - fgrayeb@ecoequo.com

Federico Grayeb
Executive Leadership Advisor | Executive Retention Researcher

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