Navigating CEO Succession: Trends and Challenges

This chapter explores the complexities of CEO succession, particularly focusing on unplanned transitions and the urgent need for robust succession strategies. It highlights the rise in CEO turnover, driven by various modern factors like economic uncertainties and board dissatisfaction, while offering insights into the dynamics of internal promotions versus external hiring. Additionally, the discussion touches on demographic trends and the evolving roles of leaders, including the impact of sustainability on CEO appointments.