Summary of Key Findings
- A total of 31% of participating organizations have a formal succession plan for their CEO.
- Only 39% of participating organizations have a formal succession plan for all Senior Executives.
- 76% of the participating organisations feel they have someone internally to take over if the CEO leaves anytime, whether there is a formal succession plan or not.
- 41% of the participants said their current CEO has been in that role for less than 5 years. Another 31% of the participants said their CEO has been in that role for more than 5 years but less than 10 years. Lastly, 28% of the participants said their current CEO has been in that role for more than 10 years.
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