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CEOs should help successors land, but not hinder takeoff

Executive transition is more art than science, but don't linger on the field Retiring PMMI CEO Chuck Yuska already is ceding key decisions to successor Jim Pittas. For an outgoing CEO, turning an association over to your replacement is the balance of being there enough without being there too much. There's no one answer as to how long any transition period should be, except: not too long. Some experts see an appropriate transition as a matter of weeks, period. "The overriding tenet of any succession is that there can only be one CEO at a time," said Leslie Hortum, head of the Washington, D.C., office of executive search firm Spencer Stuart. "There's can't be any confusion… Read More