Adjunct Professor Jared Landaw recently spoke with Agenda for the article “Activists Increasingly Seek the ‘Head of the King’” which discussed trends in how public company boards address shareholder activism and its impact on succession planning.
On succession planning, Landaw says boards should approach CEO succession “like the general manager of a sports team seeking to build a championship-caliber franchise. Rather than filling vacancies on an ad hoc basis, they must plan ahead, have a keen understanding of the skills and experiences required to meet the company’s evolving needs, and have the gumption to replace CEOs and directors who are no longer the best fit.”
The article, which may be behind a paywall, can be found at Agenda – Activists Increasingly Seek the ‘Head of the King’.