David Sears is the CEO of ABC Ins. He has been with the company for 25 years and was promoted to the CEO position at the age of 55. The company has performed well under his leadership. Based on the upper echelons theory, which of the following is most likely to happen?

David will continue performing well by changing course as the need for change arises.

David's performance is likely to decline, since most CEOs become less effective beyond 5 years.

David is likely to engage in international activities because most people in his generation have international experience.

David is likely to lead the company the same way he has been for the past 5 years, without making major changes.