TheCorporateCounsel.net

August 18, 2014

Survey Results: CEO Succession Planning

I have posted the results of our survey regarding CEO succession planning, repeated below (compare to a similar survey from ’11):

1. Our company:
– Has a written CEO succession plan in a formal document or policy – 14%
– Has a written CEO succession plan in the form of a board resolution or as part of the board minutes – 19%
– Has a CEO succession plan, but its not memorialized in writing – 62%
– Doesn’t have a CEO succession plan – 5%

2. Our company:
– Reviews and updates the CEO succession plan at least annually – 57%
– Reviews and updates the CEO succession plan on occasion – 38%
– Doesn’t review the CEO succession plan (but it does have one) – 0%
– Doesn’t have a CEO succession plan – 5%

Please take a moment to participate on this “Quick Survey on Earnings Releases and Earnings Calls” – and this “Quick Survey on Ending Blackout Periods.”

Congress & OpenSecrets: You Can Now Track Your Senator’s Trades!

This Market Watch article talks about a website – OpenSecrets.org – that allows anyone to follow the stock trades of members of Congress (Senate trades aren’t online yet on this site – but they are online as part of a Senate site that doesn’t have great navigation). The online database draw on the disclosures now required under the STOCK Act. Pretty scary in this age of little privacy. And definitely will be fodder for the mass media and tweeting members of the public alike…

There are 5 jobs currently listed on our “Job Board.” Don’t forget to post your own details if you are looking for a job. Your identity is anonymous as listed on the Job Board…

Cap’n Cashbags: ALS Ice Bucket Challenge

In this 15-second video, Cap’n Cashbags – a CEO – tries to avoid the ALS Ice Bucket Challenge:

– Broc Romanek