7 myths around CEO succession planning

Less than half of respondents have a formal process for developing successor candidates for key executive positions

Succession planning in the C-suite is the single most important decision facing boards of directors today. That’s according to David Larcker and Brian Tayan of the Corporate Governance Research Initiative at the Stanford Graduate School of Business, and Stephen Miles of The Miles Group. The threesome recently collaborated on myths around CEO succession.

While selection of the CEO is the foremost decision directors can make, the authors say that turmoil around these decisions at the top “have called into question the reliability of the process that companies use to identify and develop future leaders.”

Editor in Chief

author image

Erin E. Harrison

Erin E. Harrison is the Editor in Chief of InsideCounsel magazine. Harrison’s professional background includes extensive expertise in both print and online media, highlighted by...

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.