CEO search committee best practices include the use of technology to create better reach and analytics to find the right candidate.
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The importance of CEO pay ratio disclosure these is relevant because it give boards new opportunities to assess pay with similar companies.
CEO pay rates have been climbing. CGLytics, in a recent survey, researched the highest CEO pay rates and pay ratios of public companies.
Your board will want to charge a dedicated committee with responsibility for CEO succession planning. Some boards will establish an ad hoc committee.
A CEO succession planning template provides a detailed roadmap from recruitment to appointment that paves the way for boards to hire a CEO.