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Tomorrow’s CEO Succession planning – professional and transparent
George Davis on FOX Business TV
CEO Succession was the focus of a recent interview with George Davis, Co-Leader of the Global Board Practice of Egon Zehnder International, broadcast by FOX Business TV. In view of rising CEO turnover, Davis explains the importance of a professional approach towards Succession planning, focusing on the role of the Board. He cites a recent survey by Egon Zehnder International in which 53% of boards admitted that they had no succession plan in place. SEC guidelines and shorter CEO tenure call for greater succession plan transparency in the future, concludes Davis.
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