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Tag: CEO succession planning

Don’t Wait Until the 11th Hour To Do Succession Planning

March 7, 2017 0 Comments

         Doug Eadie

Many, perhaps most, transit board members and CEOs see succession planning as a negative process that boards get involved in when their relationship with their CEO is frayed or even totally broken.  But in my experience, developing a CEO succession plan isn’t just a very positive process, it’s also part of the imprint – the legacy – that that a really board-savvy transit CEO will want to leave in her authority.  CEO succession planning, which a recent report of the Federal Reserve Bank of Kansas City defines as “a structured process to ensure leadership continuity,” should deal with … Read the rest

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