CEO selection is the board’s primary responsibility, and a specialty of Boyden’s Board Services Practice. Our experience and rigorous process help boards choose wisely, expedite succession, and minimise leadership risk.
Whether a CEO role is vacated abruptly, or opening as the result of retirement, the need to appoint a highly qualified successor in a timely manner is critical. Boyden’s partners are equally adept at taking immediate measures and planning for succession. Our objective, in every case, is to find not only a replacement, but a leader with the strategic vision to take the company to the next level.
Having a succession plan in place well in advance is the ideal scenario; hence we frequently work with boards on CEO succession planning . However, when long-term planning is not an option, we provide immediate, focused support. Depending on various factors, we may recommend an interim management solution. An interim CEO can be engaged quickly, while the search for a permanent CEO gets underway.
Our CEO search capabilities meet a broad range of client needs, covering numerous industries and specialised requirements, as well as geographic areas. The search is led by a local partner in one of our sector-specific practices with a track record of successful CEO placements. An experienced support team draws on the firm’s vast global resources, including specialist colleagues.
The evaluation of internal candidates is integral to the process. While an external CEO may sometimes be a better choice for the business, we support clients in developing a pipeline of high-potential management talent. When the need to appoint a new CEO arises, having qualified internal successors as well as a shortlist of external candidates increases the odds of finding the right leader to take the helm.
Boyden partners have the experience, industry access and gravitas to deliver exceptional results. They are search experts, professional advisors and personal mentors.
We share our knowledge of topical issues in special reports, interviews and blogs. If you are interested in a specific topic, please ask your Boyden partner or contact our local office.
Active CEO Podcast explores what it takes to be a leading global CEO, how a client-centric focus enhances Boyden, the importance of diversity in the executive search industry and more in this exclusive interview with Trina Gordon.