More Companies Paying CEOs To Find Their Replacement

April 3, 2014

Given how much a company stands to lose if a transition at the top doesn’t go well, it’s not surprising that a growing trend in top companies is tying financial incentives to succession planning. In many cases, even if no departure is imminent, boards expect to hear an update on transition plans at each meeting. Expect many more companies to be doing this in the next few years, say industry analysts.

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