Personnel changes at top management level are a sensitive issue, exerting a direct effect on the performance of the companies concerned.
Successful firms make plans for CEO succession well in advance, taking appropriate measure within the company and externally. A short list of potential internal and external successors should be available to the board of directors at all times — especially at those moments when the need for it is least expected.
CORNFELD supports leading companies in C-suite succession management. To complement the list of possible successors from within the company, we keep an ongoing check on the suitability and availability of potential external candidates. Our aim is to provide our clients with the best possible leaders.
Our CEO Succession Management Program enables boards of directors to reduce the risks associated with succession planning to a minimum and is therefore of high strategic significance.