The transition from one senior executive to another can be a smooth, productive process or it can be a bumpy ride for all concerned. This is particularly true of CEO transitions. The occasion can be as simple and predictable as an announced and scheduled retirement or as complicated as a surprise departure. Such transi-tions are especially delicate operations when the outgoing CEO has been in place a long time and is leaving a personal and indelible imprint on the organization. It is important that these transitions leave all concerned with a good feeling about the people and the company. If not handled properly, the organization can suffer and the new executive’s path can be strewn with obstacles.
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