The 2011 CEO Succession Report

The Conference Board Research Report No. R-1478-11-RR

52 Pages Posted: 2 Apr 2012

See all articles by Matteo Tonello

Matteo Tonello

The Conference Board, Inc.

Jason D. Schloetzer

Georgetown University - Department of Accounting and Business Law

Date Written: 2011

Abstract

Responsibility for succession planning belongs in the boardroom and nowhere else. The board of directors is legally authorized, temperamentally suited, and in possession of the authority and experience needed for effective succession planning.

The issues that can lead boards to neglect succession planning are primarily organizational - and, to a lesser degree, political, psychological, and cultural. However, boards can overcome these issues if they are willing to codify the process and make it integral to and continuous with their duties of governance, business oversight, risk management, and strategic decision making.

The CEO Succession Report documents and analyzes succession events of chief executive officers (CEOs) of S&P 500 companies. In addition to updates on historical trends, it features discussions of the most notable recent cases of CEO succession, which are based on press announcements and other publicly available information.

Keywords: CEO succession, corporate governance, board of directors, leadership development, succession management

Suggested Citation

Tonello, Matteo and Schloetzer, Jason D., The 2011 CEO Succession Report (2011). The Conference Board Research Report No. R-1478-11-RR, Available at SSRN: https://ssrn.com/abstract=2032227

Matteo Tonello

The Conference Board, Inc. ( email )

Jason D. Schloetzer (Contact Author)

Georgetown University - Department of Accounting and Business Law ( email )

McDonough School of Business
Washington, DC 20057
United States

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