PM&P On Point: CEO Succession Planning Survey

After long simmering on the back burner, the issue of CEO succession planning has emerged as a strategic priority for companies that are reluctant to be caught unprepared by an unplanned exit from the corner office. Recent headlines offer ample evidence of the financial costs and reputational risks of a poorly executed leadership transition, from internal disruption and higher compensation expenses to reduced shareholder value. The PM&P On Point: CEO Succession Planning Survey provides valuable information regarding how and to what extent companies are putting development processes and pay practices in place to plan for a scheduled or unplanned change of leadership. Among the data provided on the key considerations and best practices involved in putting an effective succession planning in place:

• Consideration of internal versus external candidates
• Compensation and retention of internal candidates who aren’t selected
• Who participates in the succession planning process
• The Board’s time horizon for succession planning
• Internal talent development of potential successors
• Communicating with internal candidates
• Planning for an emergency succession

The following webcast presentation and recording is available, along with two reports.

nacd compensation series webcast

August 11, 2011
CEO Succession Planning: Ready, Set…Pay!
Yvonne Chen & Matt Turner

executive summary - Complimentary

This summary provides a high-level review of the major findings of the study.

Complete Survey Findings

The report provides a detailed breakdown of data across a variety of demographics.  Please click below to learn more about the report, download a preview or order.

Results by Industry

  Banking