Large companies that fire their CEO without a succession plan in place can lose on average $1.8 billion in shareholder value. Despite this alarming statistic, more than 50% of companies do not have a successor in place, should their CEO suddenly depart. This infographic by DHR International looks at why it pays to have a CEO succession plan in place.

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Why It Pays to Have a CEO Succession Plan

Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal. Follow +Irma Wallace on Google + as well as Twitter.

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