The importance of CEO pay ratio disclosure these is relevant because it give boards new opportunities to assess pay with similar companies.
All CEO Succession Content
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.
Following the best practices for a CEO succession plan is imperative and should include human resources and several board committees to guide the decision.
The nomination & governance committee plays an integral role for CEO succession planning to make sure they have the strongest possible candidate.