CEO Succession Planning Benchmarks
In brief: Selecting and replacing the CEO is one of the board’s key responsibilities. These sections on CEO succession from the 2016–2017 NACD Governance Surveys provide benchmarking data for both public and private companies on the timeline for CEO succession planning, selection of CEO candidates from inside or outside the organization, and other succession planning processes.
This resource can help your board to
- Develop a pipeline of internal CEO candidates.
- Identify components of a CEO succession plan.
- Create a long-term CEO succession plan.
Most relevant audiences: CEOs, private company directors, public company directors, nominating and governance committee members, and compensation committee members