No leadership position has a greater impact on an organization’s success than the chief executive officer. Regardless of whether a new CEO is appointed from inside the organization or from the outside, the profile of the new chief executive officer should be a function of the specific impact the board wants the next CEO to have on the business and the skills it will take to accomplish that.
We provide advice, counsel and coaching for long-term succession planning, medium-term orderly CEO succession and emergency search for companies in crisis. Whatever the scenario, the health of the organization and the way it is regarded by investors and other key stakeholders depends largely on the experience, track record and leadership qualities of the CEO.
- Since 2009, we have conducted nearly 1,500 CEO search and succession assignments globally.
- Spencer Stuart has handled 20% of the CEO changes across the top 300 companies in Europe, and led more than one-third of CEO searches within the S&P 500 that went to external search — the highest share of any firm.
- Our consultants are highly experienced advisers on the CEO selection process and are able to offer candid and accurate assessments of the talent pool. Their knowledge of, relationships with, and access to the world’s top executives is unrivaled.
- Drawing on groundbreaking research on the performance of internal and external CEO candidates, our consultants are well-prepared to help boards navigate important issues surrounding CEO selection.
CEOs are coming under ever-greater scrutiny from boards, shareholders, legislators and the media. The role is becoming increasingly complex and expectations of the CEO are growing. Identifying the right person to lead an organization requires knowledge, expertise and sound advice. Our senior consultants are expert advisers on candidate assessment and CEO selection, and are ideal catalysts for discussing and implementing an objective, board-driven process. Our approach toward finding the best candidate for the role, be it internal or external, is neutral.