Should she stay or should she go? Transitioning from one CEO to another is a task few companies do well and yet it is a decision for which the stakes could not be higher.
Chief Executive Officer is one of the few jobs that can make or break a company. Recent examples at Netflix, Hewlett Packard, and Apple illustrate the challenges and the consequences of good and bad transitions at the top. Should the Netflix board have replaced Reed Hastings when his pricing change blunders caused the stock to drop 75%? How could the HP board have made a better choice when replacing Carly Fiorina (or Mark Hurd for that matter)? Will Apple’s careful planning for the replacement of Steve Jobs pay off? Continue reading