When it comes to CEO transitions, boards should be prepared for the “hit by a bus” scenario. But what about the other side of the spectrum (i.e., a planned departure of a long-tenured CEO)? In this episode, Jared Berman, Partner with Meridian Compensation Partners, outlines best practices for boards that have the luxury of time:
- How should boards navigate the timing provisions of the compensation plan?
- What are the roles of the outgoing and incoming CEOs?
- What are the potential investor implications of a “goodbye kiss” for a retiring CEO?
More episodes from Inside America’s Boardrooms.
