Best Practices for CEO Transitions
Posted by Tom McNeill on August 28, 2024 in Video
In this episode of Inside Today’s Boardrooms, Lisa Edwards talks to Tom McNeill, a partner at Meridian Compensation Partners, about CEO transition planning. They discuss why this is a critical role for the board, what are some of the planning and preparation steps involved, and how to handle the internal and external stakeholders during the transition.
- Why is CEO transition planning such an important role for the board?
- What are some planning considerations and prep that go into the transition for both the incoming and outgoing CEOs?
- What are the pros and cons of hiring an internal vs. external candidate for the CEO role?
Board Advisory Services, Corporate Governance Consulting, Program Design
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