Excellent rapport du Conference Board sur les responsabilités du conseil d’administration en matière de planification de la relève du CEO.
Given the importance of the CEO role within a corporation and the potential disruption that can result from an unexpected loss or change in top leadership, succession planning is considered one of a board’s most important oversight responsibilities. This report examines recent governance developments in the area of CEO succession, including shareholder activism during the 2011 and 2012 proxy seasons, and current examples of corporate disclosure and policies.
Despite the importance of leadership succession planning to a company’s continued success, companies, up until recently, rarely disclosed information about their succession planning processes to shareholders. Investors began asking for such information by filing shareholder proposals seeking annual disclosure about succession planning.