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Succession Planning
Explore comprehensive Succession Planning governance insights with curated resources. Best practices & expert guidance to enhance your governance strategy.
Succession PlanningBeyond the Basics: The Real Differentiators Between Success and Failure in CEO Succession
What can boards do differently to ensure that their CEO succession plan does not just cover the fundamentals but does everything possible to set them up for success? These are a few key areas of focus, with case studies and key takeaways, that can help a board get CEO succession right.
Directorship MagazineMagazine IssueGovernanceCEO Succession Planning: Putting the “What” Before the “Who”
Position your company for success after a planned or unplanned CEO departure by using this guidance to hone in on what the company needs in its next leader.
Directorship MagazineMagazine IssueGovernanceNACD The Art of Directorship: CEO Succession
Explore Art of Directorship CEO Succession course: In-depth guidance on planning and executing CEO transitions for directors. Seven key focus areas covered.
On-Demand Virtual LearningThe Art of Directorship: CEO SuccessionEmergency Succession Planning in the Time of COVID
The COVID-19 pandemic is changing the way private company boards think about risks in leader succession. The sudden death or incapacitation of the senior leader of a family-owned company can spark a crisis for both the business and the family.
PandemicCEO SuccessionFamily Company Succession PlanningSuccessionSuccession PlanningPrivate Company GovernanceFamily-Owned CompanyGovernancePCGL Series: Effective Board Succession Strategies for Private Companies
Don’t miss this opportunity to refine your strategy and secure your board’s long-term success.
AccelerateEducation & EventsWebinarsAccelerate WebinarMember-OnlyPrivate Company Governance Learning Series: CEO Succession Planning
From the NACD webinar archives, the importance of CEO succession planning to private company boards.
Education & EventsWebinarSample CEO Succession Process
Use this sample to determine CEO succession criteria, identify and access potential candidates, and create development plans.
Compensation CommitteeNominating and Governance CommitteeCEO SuccessionTwenty-First-Century Board Oversight of Talent and Succession
Adapt board oversight to new workplace norms and help the C-suite manage talent in the modern era.
Online ArticleGovernanceDebunking the Myth of the Fast and Successful Succession Plan
To avoid making the wrong choice, boards can use this guidance to understand the challenges of CEO succession and create a future-forward succession plan.
ArticleGovernanceSuccess at the Top: CEO Evaluation and Succession
The stakes of CEO evaluation and succession are high. Executive leadership is integral to the prosperity of any corporation. Te right CEO and team can inspire a lackluster organization to greater achievements, while mediocre leadership is lucky to maintain the status quo. There is real value in proactively addressing CEO performance. Discussions about leadership style and vision can be sensitive and difcult without a formal evaluation process. As such, dialogue about any problems between the board and CEO may fail to take place. A formal CEO evaluation process provides a natural forum for a direct exchange of opinions on important topics relevant to the leadership and management of the company.
CEOBoard-Management RelationsCEO EvaluationCEO Succession Planning
Building a strong internal successor pipeline is a major challenge, and few companies have systematically assessed or developed potential candidates. Despite recognizing CEO succession planning as a critical board responsibility, a recent NACD survey finds that many boards are unprepared to replace their CEO if needed.
Public Company Governance SurveySurveys and BenchmarkingSuccession Planning and Leadership Development: Unique Challenges for Private Companies
Executive succession planning and leadership development are becoming increasingly important topics for boards and, specifically, compensation committees. Here is a high-level roadmap for directors who want to get started—or refine and improve their board's current processes.
Pearl Meyer & PartnersCEO SuccessionSuccession PlanningPrivate Company GovernanceGovernanceLeadershipFour Considerations for Private Company CEO Succession
Preparing early for CEO succession leads to positive outcomes for the transitioning chief executive, senior leadership, and the private company. Outlined here are four key considerations for private companies for a well planned and executed CEO transition.
Succession PlanningCEO SuccessionStrategic PlanningPrivate Company GovernanceGovernanceCorporate GovernanceMultiyear Board Succession Planning Matrix
Originally appearing in the Report of the NACD Blue Ribbon Commission on Building the Strategic-Asset Board, these board experience matrices are designed to assist nominating and governance committee members plan for board succession.
Public CompanyPrivateNonprofitNominating and Governance CommitteeCommittee ChairLead Independent DirectorBoard CompositionCompositionDirector RecruitmentDirector TurnoverSampleConsider Retirement Provisions to Aid Retention and Succession Planning
Learn how retirement provisions in equity compensation can support retention, succession, and smoother executive transitions for organizations.
Online ArticleExecutive CompensationCEO SuccessionSuccession PlanningGovernance Challenges 2019: CEO Succession Planning
NACD produced the 2019 edition of Governance Challenges in collaboration with our five strategic-content partners to help directors ensure their CEO succession-planning processes stay fit for purpose.
Succession PlanningInvestor RelationsFour Focus Areas to Enable New CEO Success
Boards can take these practical steps to help integrate a new CEO.
Peloton, Scholastic, and Others Offer Insights Into Modern CEO Succession
To dive deeper into the nuances of CEO succession and transitions in recent years, directors can discuss these questions and the case studies provided in answer with their own boards.
The Importance of Expanding the Definition of 'Succession Planning' in Family-Owned Companies
As independent board directors, succession planning for the CEO and the C-suite is an enormously critical responsibility. But, when you serve as an independent director of a family-owned company, it’s imperative to expand the definition of succession planning to include the development of qualified family directors.
CEO SuccessionFamily Company Succession PlanningSuccession PlanningPrivate Company GovernanceFamily-Owned CompanyGovernanceHow Compensation Decisions Support CEO Succession
Boards can smooth the succession process by preparing for a variety of compensation decisions along this timeline.
Passing the Torch: The Urgency of CEO Succession Planning
With CEO turnover rates increasing, boards can use these considerations and best practices to guide succession planning and disclosure.
Directorship MagazineMagazine IssueGovernanceSuccession Planning Presents Different Challenges For Private vs. Public Company Directors
Private-company boards, intent on good governance, should engage in succession planning but lack the clear authority held by the public company directors regarding who serves as CEO. In that context, succession planning is different in private companies and may present these types of challenges.
CEO SuccessionSuccession PlanningPrivate Company GovernanceGovernanceSuccession Planning, Emerging Technologies Top of Mind for Public Company Directors, Survey Finds
Discover key insights from the 2024 NACD Public Company Board Practices and Oversight Survey report.
Public CompanyEmerging TechnologyOnline ArticleDirector SuccessionTable Talk: The Board’s Role in CEO Succession: Best Practices and Pitfalls
Join your director peers and industry experts for dinner to learn about CEO succession planning best practices, potential pitfalls and common mistakes.
Education & EventsCarolinas ChapterHybrid