Here's a governance test question to pose to your board: When should you start a CEO succession plan? Correct answer: The day a new CEO takes office. The point, of course, is that it’s never too soon to start planning for a leadership transition. As dramatic as that may sound, it’s actually a fundamental truth, one borne out by anecdotal evidence on a regular basis.
Watch out for these five warning signs that you’re in danger of being thrown overboard.
Foursquare’s CEO Dennis Crowley is stepping down and will be replaced by Jeff Glueck, who joined as COO in 2014, the company said on Thursday. The shuffle makes Crowley the full-time executive chairman and is intended to boost the company’s advertising and enterprise businesses, according to Forbes.
A new study shows that CEO succession plans are often more talk than action, Fortune says.
A 2015 CEO Talent Summit Solutions Exchange, sponsored by Board Advisory
It is a CEO’s critical responsibility to drive organizational performance through a high-performing leadership team, not only through managing and leading the team, but also through carefully, deliberately choosing the best individual leaders.
Always tricky, leadership transitions get even tougher when a CEO departs the world along with the job.
The four ways CEOs leave office dictate how succession can be smoothed.
The early deaths of the CEOs of Nintendo and SurveyMonkey serve as yet another reminder to boards that succession planning for the corner office is one of a board's most important responsibilities.
Companies that do not plan their CEO successions face greater chances for forced CEO turnovers, which translates into $1.8 billion in lost shareholder value, according to Strategy&.