Without a clear succession plan, CEO exits can stall strategic initiatives, and this lack of preparedness is often felt throughout every layer of the organization, according to a Nov. 1 article from executive coaching firm Challenger,

New research based on a survey of board directors, as well as in-depth interviews with directors, investors, and executive search consultants, reveals 10 pitfalls in CEO succession, from a hesitant CEO to mismanaged transitions to a superficial assessment of external talent.

Retirement plan advisers are constantly thinking about their clients’ futures—but it’s becoming equally important for them to strategize for their own firms, too. Earlier this year, consultancy McKinsey & Co. estimated that by 2034, there will be a shortage of 100,000 advisers.

Building trust between the CEO and board, inflation rises and consumer sentiment drops, new guidance on H1-B visa fee.

A pair of reports show how a desire to keep control within the family is driving more efforts at formal governance and preparing the next generation.

Award-winning actor Sarah Snook joins TODAY to talk about her starring role in the suspenseful new series “All Her Fault” about a perfect family whose lives are turned upside-down when they discover their child is missing.

Key Takeaways In the months following the announcement, Berkshire's shares have fallen 11.6% while the broader market has risen 20.4%. For years, investors were willing to pay a premium for Berkshire shares because Buffett wasmanaging their money.

Newcastle United are reportedly preparing a statement €70million (£61.5m / $80m) move for an elite LaLiga midfielder, as they gear up for the possibility of losing Joelinton to the Saudi Pro League.

In an industry built on relationships, trust remains paramount. AI is now playing a pivotal role in deepening adviser-client connections

The Wallenberg family is currently led by three members of its fifth generation: Jacob, the chairman of Investor AB; Peter, his brother; and Marcus, his cousin, who chairs SEB. With all three in their mid-to-late 60s, the transition to a new generation is now under way. It is being closely watched across Europe.

A luxury mansion featured in HBO’s "Succession" is among eight fire-ravaged properties in Los Angeles now deemed public nuisances.

Stepping aside as a senior leader can so easily be misunderstood. To some, it looks like giving up. To others, it feels like failure. It can appear as though you have run out of answers or energy, or that you simply cannot keep pace anymore.