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
23 December 2024
Labor & Employment Law Perspectives
Regulating Artificial Intelligence in Employment Decision-Making: What’s on the Horizon for 2025
Share on TwitterShare by EmailShareBack to topEmployment law in 2024 could aptly be summarized as the “Year of Artificial Intelligence Legislation.
23 December 2024
Injunction Stayed: Corporate Transparency Act Enforcement Resumes
The U.S. Department of Justice scored a victory in ongoing litigation over the constitutionality of the Corporate Transparency Act (CTA) when the Fifth Circuit Court of Appeals stayed the nationwide preliminary injunction issued earlier this month by a federal district court in Texas.
23 December 2024
Health Care Law Today
Medicare Telehealth Flexibilities Get a Three-Month Lifeline
Share on TwitterShare by EmailShareBack to topAfter much uncertainty, Congress has extended many Medicare telehealth flexibilities through March 31, 2025, in its end-of-year appropriations bill.