The selection of a successor to a departing CEO is arguably the most important role of the board of directors. Ultimately, the goals of the board with respect to the CEO should be to help establish a solid foundation from which the new CEO can succeed, to stay engaged with the CEO’s progress by monitoring and evaluating the CEO, and to allow the CEO to do his or her job so the board can focus on its mandate of guiding the company through change.
Read the complete article by clicking the link below.
Read the complete article by clicking the link below.
Related Insights
May 27, 2025
Foley Ignite
Lost in Translation: Key Deal Points in European vs. U.S. M&A Transactions
After two decades practicing law in Silicon Valley and five formative years working on cross-border deals in Europe, I've come to…
May 27, 2025
Innovative Technology Insights
Another FCA Cybersecurity Settlement Reinforces the Enforcement Trend
A recent United States Department of Justice announcement highlights the fact that the government’s emphasis on cybersecurity enforcement under the False Claims Act is not slowing down.
May 27, 2025
Labor & Employment Law Perspectives
It’s Time Again for Employers to File Their EEO-1 Reports
This is a reminder that the 2024 EEO-1 Component 1 data collection opened on Tuesday, May 20, 2025. All employers who have at least 100…