Category: latest news

The COVID-19 pandemic transformed trends in CEO turnover. As it brought new risks to organizations throughout 2020, the number of CEO departures fell each quarter. And the trend continued alongside the pandemic in 2021, with the global annual turnover rate falling from 10% in 2020 to 8.9% in 2021....
Today’s boards face an increasingly complex business environment, an intensifying regulatory environment and growing activism by investors and other stakeholders. In response, they are focusing on their own composition and taking a strategic approach to director appointments...
Boards that convened more frequently landed better deals, and that effect was enhanced when a company had at least one female director—even more so with two. Having two directors with experience navigating a takeover was also linked to higher sale prices. And a board’s ability to negotiate higher ...
Most notably, there is a confidence deficit in the board’s ability to address key areas that appears to be growing. This widening confidence gap — increasingly evident in the year-over-year results — is only one key finding. But it’s a critical one. At a time when executives are looking for more input from their boards....
Search is a component of succession planning. A successful succession planning process will include a search to identify potential candidates and evaluate their suitability. However, “CEO search,” as used the way boards refer to it, relates directly to an emergency situation, such as the sudden or unexpected departure of the incumbent CEO....