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Governance, Risk Management, and Compliance: It Can't Happen to Us—Avoiding Corporate Disaster While Driving Success by Richard M. Steinberg

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Chapter 12

CEO Compensation, Succession Planning, and Crisis Management

As noted, there's no more important board responsibility than selecting a CEO who is right for the company. Here we discuss the related and similarly relevant topic of effectively motivating and appropriately compensating the CEO, along with effective practices for succession planning. The chapter concludes with a look at the board's role in dealing with crisis.

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