Why Boards Should Be Identifying CEOs Earlier In The Game
Board members must do a better job of hiring for the C-suite, with a broader list of criteria and a longer-term horizon in mind.
Board members must do a better job of hiring for the C-suite, with a broader list of criteria and a longer-term horizon in mind.
If board directors don’t have enough to worry about today, there’s the prospect of sudden departure of leadership at the top level.
Although Doyle’s retirement announcement stunned the markets, CEO succession has been well planned by the Domino’s board and the transition to Richard Allison is expected to be smooth.
Berkshire Hathaway Inc. named Gregory E. Abel vice chairman of noninsurance businesses and Ajit Jain vice chairman of insurance operations this week, a move that expands the company’s board from 12 to 14 directors.
The dilemma facing the boards at Microsoft, Apple or any board of directors on the departure of an innovative CEO is strategic: Do we still want to be a innovative, risk taking company?
The death of CSX Corp. CEO Hunter Harrison this past week has the corporate governance community buzzing over CEO health.