Tag: succession planning
Long-standing CEOs can leave a legacy of trouble for boards
Performance and productivity can suffer after a long-tenured chief executive leaves the company, researchers find.
Companies lean towards hiring CEOs new to the C-suite
Report on this year’s boards shows that 22% of UK chief executives had never had an executive role before becoming CEO.
Succession planning can calm the market
When a good CEO announces their departure, revealing a succession plan eases the pain in more ways than one, finds research.
Most CEO ‘resignations’ may actually be terminations
Retired, resigned or left the company? A Stanford study suggests more chief executives are pushed out by boards than previously assumed.
Steps for a smooth and successful CEO transition
A succession plan is only the start: an effective CEO transition requires clear KPIs, objective assessment and ongoing board support.
Watchdog highlights companies’ lack of progress on C-suite succession planning
The UK financial regulator wants to see greater cohesion between succession planning, diversity commitment and board evaluations.
Forced CEO turnover can damage the reputation of board directors
Research suggests the forced departure of a chief executive may be viewed as a governance failure by shareholders.
Prime problem: the challenge of founder CEO succession
Two experts in leadership succession tackle the thorny problem of how to plan a successful transition from a founder CEO such as Jeff Bezos.
Top companies report problems with CEO succession planning
Over two-thirds of FTSE 100 firms have flagged CEO succession planning as an issue to shareholders, with 13% warning about board tech skills.
US companies lead UK and Europe on speed of CEO turnover
Research shows CEO turnover is higher in US firms than those in Europe and the UK, with 28% of US bosses departing after less than 36 months at the helm.