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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....
CEO succession is an important part of our client work and it is often a criterion when recruiting CFOs,” says Jaimee Eddington, regional leader of the Americas at Heidrick & Struggles, an executive search and leadership consulting firm. “Last year, our research found that 17% of North American CEOs previously held the role of CFO....
With A.I. poised to transform many industries, corporate directors can’t ignore this rapidly advancing technology. For boards and their organizations, it offers great promise but also presents daunting challenges. Directors must provide useful oversight of A.I. strategy and ensure that they educate themselves....