Saturday 21st December 2024

    From the Editor's Desk

    The Vital Role of the Outgoing CEO

    Though they’re frequently overlooked, incumbent CEOs are central to ensuring drama-free successions. An in-depth study of 30 departing CEOs shows that when they have strong relationships with the board, are actively engaged in choosing their replacements, and have positive views of the process, handoffs are much more successful. But if they experience ambivalence or regret or feel excluded, transitions can become tumultuous.

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