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New research spotlights CEO succession challenges

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Apr 18, 2019

On April 18, 2019, the National Association of Corporate Directors (NACD) released a blog on effective succession planning. “Who should be the next CEO?” is a headline few boards would like to see referencing their company atop the financial dailies. It often suggests a failure in succession planning.

There may be a number of reasons for this—from inadequate or antiquated formal plans, to unexpected departures and difficulty to agree on a successor profile. Wells Fargo & Co., HBO, and others have encountered some of challenges, but they do not stand alone. All public companies have been put on notice by BlackRock and others on the investor side, who now have an increased focus on effective succession planning.

Review the full blog on the NACD's website.

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