How to Create an Effective CEO Succession Process

Inside America's Boardrooms
In this episode, board member and audit committee chair Sara Grootwassink Lewis tackles one of the board's most challenging tasks: creating an effective CEO succession process. Lewis outlines why CEO succession is such a formidable board task and why many programs aren't effective. She also outlines the steps necessary to create a successful succession program.

Host TK Kerstetter probes why repeated research continues to show that many directors give themselves a low grade when asked how well they handle their board's CEO succession program.