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CEO Succession

succession

CEO succession is a firm’s process of changing their CEO. Changing the CEO of a company impacts culture, the board and its relationship with the CEO, and public as well as internal perceptions. CEO succession can also impact performance in a positive or negative way. Let CEO.com be your definitive guide to CEO succession planning.

Essential Reading

Studies, Surveys, Guides and Visuals

Guide Videos

It's important for boards to discuss not only who...
Length: 03:09

Apple Shareholders Nix CEO Succession Disclosure

CBS NewsRejection follows Steve Jobs' decision to take indefinite medical leave of absence

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Creating CEO Succession Processes

Directorship Magazine Practice, experience combine with leadership create quality candidates.

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Picking the Right Insider for CEO Succession

HBRGlaxoSmithKline’s daring decision to let three internal candidates very publicly compete to become CEO generated a lot of chatter in 2008, but the media overlooked a part of the transition process...

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The Dark Side of CEO Succession

Chief ExecutiveNot all boards have the luxury of time in choosing a successor. Chief Executive looks at the darker side of CEO succession.

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Ending the CEO Succession Crisis

HBRThe CEO succession process is broken. Many companies have no meaningful succession plans, and few of the ones that do are happy with them.

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CEO Succession 2010: The Four Types Of CEOs

Booz & Company's annual study of turnover among chief executives -- now increasingly diverse, as the world's largest companies migrate to emerging economies -- suggests that the nature of the job...

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Succeeding at Succession

For too long, boards have relied on rules of thumb and conventional wisdom when picking CEO's

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Google Sets Surprising Example for CEO Succession

Googles succession plan adds a fresh blueprint for Silicon Valley’s new crop of geniuses.

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Study: CEO Succession Planning: Finally at the Center Stage of the Boardroom

In this case study HBR considers the increasing importance of CEO succession planning.

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Examining the Impact of SEC Guidance Changes on CEO Succession Planning

In an October 2009 release, the United States Securities and Exchange Commission effectively removed the ordinary business exclusion defense used by companies reluctant to disclose their CEO...

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Case Study: Succession Planning at GE

This case examines the succession planning process at the US-based General Electric

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The Art of CEO Succession

Pulling off a CEO transition is never easy. DuPont's smooth baton-passing early this year underscores the importance of having a solid plan

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Book: CEO Succession

A window on how boards can get it right when choosing a new chief executive

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Popular Stories

Carl Icahn's Evil Plot Against Michael Dell

Pando DailyEven after three decades, you’re never safe from being ousted from the company you built and still love.

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'The Most Common Reason' CEOs Are Removed

AVCBoards can be pretty patient. They can put up with a lot of failings, particularly in the early days of a startup when the product isn't where it needs to be. But one thing a Board cannot tolerate is when a CEO loses the confidence of the team.

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Jamie Dimon Is In The Hot Seat - Again

WSJCEO Jamie Dimon could lose his chairman’s seat, and three board members could see themselves tipped out of the J.P. Morgan Chase & Co. boat.

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5 Things CEOs Really Want From Their Boards

CEO.comAs stewards of business, CEOs and boards of directors are expected to demonstrate profitable governance—yet their relationship is often overly complicated and dysfunctional, rearing unwanted outcomes like poor strategy and slow company growth. To identify some of the obstacles behind this...

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Co-CEOs: Are Three Heads Are Better Than One?

HBRWhile the company says the new CEO promotions "will strive to clarify and enhance independent management," don't look for them to alter the firm's balance of power.

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Does Samsung Really Need 3 CEOs?

WSJSamsung recently said that it will expand its organization and have 3 CEOs. Analysts say the move allows Samsung to focus on three distinct divisions: electronic components, telecom and consumer products.

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Is CEO Pay An Argument Worth Having?

Chief ExecutiveShareholders should be less alarmed by the demand for aggregate wage increases than ever before because salaries are less relevant to their business than ever before.

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You Shouldn't Be Bored At A Board Meeting

Pando DailyThis is a post on best practices that help enable the board to surface and tackle the key issues the company is facing. A good way to structure the meeting is to divide it into three parts: progress reporting, strategic discussion and administrative items.

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How To Pick The Next Pope

HBRThe pope's job is vastly different than the ones done by cardinals, just as the CEO role is nothing like those of C-Level executives.

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CEOs Start To Suck After 4.8 Years (Study)

HBRAs CEOs accumulate knowledge and become entrenched, they rely more on their internal networks for information, growing less attuned to market conditions.

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Too Many Meetings? Why This CEO Quit Yahoo's Board

Business InsiderIn 2012, he told us, the board or its committees met 61 times. "It was hundreds of hours," he said. "[The Intuit] board and I decided I should step down" because there wasn't enough "ROI," or return on investment, for all that time.

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This Report Destroys The Rationale For High CEO Pay

Huffington PostA new report undermines a common rationale for paying chief executives huge sums. The notion that CEOs will jump ship lured by the offer of better pay in another country is a "self-serving...myth," concludes research published Monday by the High Pay Centre, a London-based think tank.

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5 Huge Mistakes When Choosing Board Members

VentureBeatBoard ineffectiveness often stems from board nomination mistakes. Here are five big mistakes that are often made when choosing board members — and, maybe more importantly, tips on avoiding them.

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It's A Mistake To Make Succession A Horse Race

HBRWhile succession planning needs focus on identifying candidates for senior positions, too often the focus is on the horse race — who's ahead — rather than the organization — who's best prepared to lead. In a horse race, the focus is on metrics: what an executive has accomplished. In the...

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How To Survive As An 'Interim' CEO

Chief ExecutiveBefore accepting, make sure you are aligned with the board on the terms of the assignment. Retention can be problematic for those who step into someone else’s shoes for a short walk.

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