Author Archives for PwC Center for Board Governance

Power Breakfast: CEO Succession Planning

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What happens when a CEO suddenly exits? Is there a plan in place for his or her succession? This panel discussed best practices and trends in how boards are addressing CEO succession scenarios. Because the CEO position is highly visible—the face of the company—CEO succession is a hot governance topic and the bar for this board responsibility is high. Boards must be prepared to deal with various situations: some CEOs may unexpectedly exit with little to no notice, while others might plan their retirement years in advance. The board must understand its options and play the appropriate role given the... Read More