The Board’s Roadmap to a Successful CEO Search
“Veteran director Sara Hays shares insights from her board’s successful CEO search. As chair of the board’s CEO search committee, what best practices can she offer?
The search and selection of a CEO is among the board’s most important foundational duties. While sometimes boards are rushed to find a successor (due to an unexpected incident), the succession process is most often a planned event, which entails the board’s creation of a CEO search committee to embark on the intensive journey of finding the right company leader. As seasoned board members would agree, it’s hard to truly appreciate the challenge till you’ve gone through it yourself… Yet, there is plenty to learn from those that have.”
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