Boards Start to Take Succession Planning Very Seriously

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Financial Times – Boards Start to Take Succession Planning Very Seriously

Sudden CEO departures can send companies into a tailspin, especially in the absence of solid succession planning, reports the Financial Times. In response to growing pressure from investors, boards are taking a more active role in the search for chief executive successors. “We find boards are increasingly interested in succession planning, in part because they are nervous that they will be required to talk about it,” notes Andrew Roscoe, a consultant at Egon Zehnder, London.

Full story: Alison Smith and Kate Burgess: Succession plans earn a role at the top in the Financial Times (1 October 2014).