The Brave New CEO Transition
Mark Nadler contributed the lead piece to the new HR People + Strategy “Perspectives” package on CEO Succession. Edited by Anna Tavis
Nadler’s central hypothesis: The combination of a first-class CEO succession process and an appropriate governance structure should enable organizations to appoint a new CEO who is professionally prepared and structurally empowered to operate as a fully functioning CEO on Day One. The Board should have such confidence in the new CEO’s readiness to do the job that it feels no need to hang onto a security blanket in the form of the retiring CEO.
In addition to Mark’s contribution, there are several other perspectives on CEO Succession in the HRPS article from industry leaders Seymour Adler, Tom Manning, Kenneth W. Freeman, and David Reimer.