Best practices for CEO transitions

In this episode of Inside Today's Boardrooms, Lisa Edwards talks to Tom McNeill, a partner at Meridian Compensation Partners, about CEO transition planning. They discuss why this is a critical role for the board, what are some of the planning and preparation steps involved, and how to handle the internal and external stakeholders during the transition.

Also in this episode:

• Why is CEO transition planning such an important role for the board?
• What are some planning considerations and prep that go into the transition for both the incoming and outgoing CEOs?
• What are the pros and cons of hiring an internal vs. external candidate for the CEO role?

Resources from this episode:

• Diligent Institute Human Capital, Compensation and Culture Certification