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 looks at why it pays to have a CEO succession plan in place.
[Click image for full size version]
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.
