Identify a CEO successor. It sounds like one of the board’s more straightforward duties, yet in practice, it is complex and multifaceted. When you weigh the consequences of getting it wrong, combined with the fact that even the most carefully executed succession plan introduces uncertainty, it’s clear this is one of the most strategic board deliberations.
In this webcast, produced with the NACD, we examine four trends that are changing the dynamics of succession planning, discuss best practices for the different succession scenarios that need to be considered, and the key steps that lead to a solid plan. We will also outline the critical role that executive compensation programs play in developing and transitioning top leaders.
