Executive Compensation

Think Twice Before Granting Retention Awards in a CEO Transition

By Blair Jones

04/30/2023

Directorship Magazine

You’re on the board of a successful company and need to find a new CEO. You settle on a candidate. Generally, you want the new CEO to pick the executive team. But you’d really like two executives to stay on.
This happened recently, and the directors moved quickly to give retention awards to the favored executives...

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Blair Jones headshot
Blair Jones is a managing director at Semler Brossy with 30 years of consulting on executive compensation.

 


This article is from the Spring 2023 issue of Directorship.