CEO Succession

Forced CEO Turnover Is Higher Among Companies With Weak Succession Plans, Survey Says

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&.

3 Steps That Can Help Boards Always Be Prepared for CEO Succession

Recent media headlines are shining a spotlight on what seems to be a growing trend over the past few months—that of top leaders suddenly departing their companies. In some cases, we’ve seen a graceful stepping down; in others, sparks have flown between the board of directors and the CEO. Whether the stated reasoning was declining profits, inability to innovate, lack of product strategy or poorly focused investments, each case has a lesson to teach fellow CEOs and company boards about working together, managing expectations and planning succession.

How to Keep Family Dynamics From Derailing a Succession Plan: 3 Tips for CEOs

Family businesses face unique challenges when transitioning from one generation to the next. The struggle to protect family and business interests requires a thoughtful strategy, and succession is even more difficult if there is no clear candidate to lead the business.

CEO Succession: It’s a Process, Not a Plan

As the saying goes, “the best laid plans of mice and men often go awry.” In the case of succession, an unexpected CEO vacancy can throw even a healthy organization into disarray.

10 Principles for Finding the Right CEO

People set strategy. Directors and executives who know where the company should be going will be best equipped to get it there.

Most CEO Changes in 12 Months

The first month of the new year saw the highest turnover among chief executive officers since the previous January as 113 CEOs left their posts during the month. The January total is up 9.7 percent over December when 103 CEOs departures were announced, according to the latest report on CEO turnover released from global outplacement firm Challenger, Gray & Christmas.

How to Survive as an “Interim” CEO

Appointment of an “interim” CEO usually means an organization’s succession program has failed. In a joint RHR International/Chief Executive magazine study of 236 corporate directors, 95 percent of respondents acknowledged that CEO succession is critical. Yet, more than half (53 percent) rated themselves as “ineffective” in executing their responsibilities in the process. Forty percent of the directors surveyed claimed that they are not prepared for an emergency succession.

On Track For An Early Exit? Three Ways To Defy The Statistic

A decade ago, the average tenure of a Fortune 500 CEO was 9.5 years. Today? 3.5 years. Looking at recent stumbles at Best Buy, Yahoo, HP and elsewhere a pattern of sorts emerges that may be instructive for leaders looking to beat the odds.

CEO Succession Planning: Crucial and Totally Overlooked

Although CEO succession planning is an integral part to any business plan, companies often fail to plan for it in a real and meaningful way. Doesn’t it seem counterintuitive to focus on leaving a company when you are busy enough with current management challenges? Failing to plan for the future can have negative effects on company reputation, employee morale, momentum and even stock price. Do you have a plan in place?

Serious Gaps Persist in CEO Succession Planning

Recent surveys indicate many companies still don’t have a succession plan in place
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CEO CONFIDENCE INDEX

CEO Confidence Plunges In August Amid Growing Trade Worries And Slowdown Fears

CEO confidence in future business conditions fell 6% in August from July, according to Chief Executive’s most recent polling. At 6.2 out of 10 on our 1-10 scale, confidence is at its lowest level since October 2016.
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