Effective succession planning ensures continuity of leadership, promotes talent cultivation and reduces uncertainty for investors.
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Not many board decisions will be more critical than deciding who (and when) to appoint as a new lead executive—whether CEO, executive chair or combined chair and CEO. The new lead executive will be expected to shape the strategic course of the business as well as influence the corporate culture for years to come.
SquareWell’s latest study—CEO Dismissals and Appointments at the World’s Largest Companies—tracked lead executive changes at close to 500 companies listed on the major European, UK, and US indices from 1 January 2019 to 30 June 2020. The inaugural issue (to be updated biannually) showed that 73 companies (16%) had appoin
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