Think Twice Before Granting Retention Awards in a CEO Transition

You’re on the board of a successful company and need to find a new CEO. You settle on a candidate. Generally, you want the new CEO to pick the executive team. But you’d really like two executives to stay on.
This happened recently, and the directors moved quickly to give retention awards to the favored executives...

Semler Brossy is a NACD partner, providing directors with critical and timely information, and perspectives. Semler Brossy is a financial supporter of the NACD.

Blair Jones is a managing director at Semler Brossy with 30 years of consulting on executive compensation.