Examining the Impact of SEC Guidance Changes on CEO Succession Planning
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Authors:
Edward Ferris
Justus O'Brien -
Publication Date:
April 2010 -
Report Number:
DN-007-10
In late 2009, the SEC made a policy change that effectively removes the defense used by companies reluctant to disclose their CEO succession process to shareholders. The change means a new wave of corporate governance scrutiny, as regulators and shareholders increasingly focus on succession. Companies and boards would do well to prepare.