Tag Archives: CEO succession

The board’s No. 1 job: CEO succession

It shouldn’t happen, but too often it does—directors are caught flat-footed when they need to make a CEO change. Avert the problem with the right CEO succession planning process
By Richard Leblanc
October 4th, 2017

A board’s No. 1 job is to hire and fire the CEO. Everything else is secondary. If a board gets CEO succession right, the company will prosper. If the board hires the wrong CEO, the company and the board will … Continue reading

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The last phase of CEO succession? A new board

CEO succession and board renewal are typically seen as separate concerns. In fact, a comprehensive review of board composition—creating “Board 2.0”—is the last, best act directors can do for a new CEO
By Beverly Behan
December 15th, 2016

Good work! Your board has completed a robust CEO succession process and everyone’s confident about your choice of a new corporate leader. He/she has now spent about a year assembling an outstanding executive team and either confirming or changing the … Continue reading

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CEO coaching: lessons from the trenches

If CEO behaviour is a problem, coaching is a must. But coaching has also contributed directly to the success of some of the country’s best CEOs. For every board, it is a wise investment
By Richard Leblanc
October 11th, 2016

Alcohol problems, sexual misconduct, financial misconduct, defensiveness, toxicity, berating of senior management and directors, litigation, bullying: there is not much I have not seen when I am called in to coach the CEO. And CEO misbehaviour happens at the highest … Continue reading

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How to avoid pitfalls in CEO succession

Managing and mitigating leadership risk through the hiring of the right CEO is the board’s No. 1 job. A thorough process, alert to bias, fills the bill
By John Caldwell
October 11th, 2016

Witnessing the 2016 U.S. election campaigns from north of the 49th parallel brings a whole new meaning to leadership risk. Bizarrely, 24 months of intense campaigning and billions of dollars later, the U.S. electorate will choose their leader from two … Continue reading

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Three mistakes in CEO succession planning

Your board can spend a lot of time on CEO succession and still get it wrong. Here’s a look at three big pitfalls and how to avoid them
By Beverly Behan
December 15th, 2015

CEO succession is an area where most boards feel they could raise their game. PwC’s 2015 study of nearly 800 U.S. public company directors, released in October, revealed that less than half feel their board spends sufficient time on CEO … Continue reading

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CEO succession planning in the energy sector

No job is more important for a board than appointing the right chief executive officer. And nothing better serves this task than a great CEO succession plan
By Beverly Behan
June 5th, 2014

Over the past three years, I had the privilege of working with the chairman of a Fortune 500 company in the energy sector in developing one of the most progressive and rigorous CEO succession plans ever undertaken in the United … Continue reading

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