Document Type

Report

Key Takeaways

• Retention of departing CEO as board chair leads to lesser strategic change and lower performance variability. • Successor CEOs engage in greater resource reallocation, divestitures and leadership team changes following their predecessor’s departure from the board, which increases performance variability.

Publication Date

2015

Disciplines

Business

Copyright

© 2015, University of South Carolina

Included in

Business Commons

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