Feature

We Blew It: Lessons to Learn From a Failed CEO Transition

By Glenn Tobe

04/30/2023

Directorship Magazine

Photo Credit: stock.adobe.com/studio romantic

A board I once consulted with faced hiring a new CEO after its CEO was terminated after only 14 months on the job. “We blew it!” the chair of the board of the multibillion-dollar company lamented. What has become painfully obvious in similarly unsuccessful transitions at Dell Computer, Schwab, Salesforce, and dozens of other businesses, large and small, is that the CEO succession process is more than a cut-and-paste exercise...

Glenn Tobe
Glenn Tobe is a professional consultant of coaching services at the Pysnet Group.

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