Contracts Part I: Employment agreements set tone for entire tenure
As the year starts to wind down, for many association executives this means transitionretirement for some veterans and the first shot at the top slot for those moving into a new CEO job come the beginning of 2010. Brand new CEOs may have a feeling of confidence surrounding their success in landing a plum job, but legal experts and recruiting specialists alike advise against taking a complacent attitude when negotiating that first contract.
Read MoreDownsizing decisions prompt CEO stress, sleeplessness
Richard Lewis, CEO for nearly 20 years at the Rockville, Md., Forest Resource Association, often cant sleep these days.
Read MoreEmployment Contract Sample
Reprinted with permission from Pillsbury Winthrop Shaw Pittman LLP, prepared for ASAE and The Center for Association Leadership Nonprofit Organization CEO Employment Agreement
Read MoreSeasoned CEOs advise newbies on contracts
In addition to speaking with contract professionals, CEO Update asked association heads to share with colleagues the contract tips gained from their real-world experience. Thomas Dolan, CEO of the American College of Healthcare Executives, said the heart of any good employment agreement is the severance clause, which defines reasons for termination and compensation a leader will receive if let go. Dolan
Read MoreSuccess means addressing change issues
Your Next Move (Harvard Business Press, 220 pages, $26.95)
Read MoreU.S. Chambers Committee of 100 names new members
The U.S. Chamber of Commerces Committee of 100, a group of prominent association executives, has added eight new members to its roster. The additions to the group include a slate of relatively new CEOs who took the reins in 2009, including John A. Courson from the Mortgage Bankers Association, Marvin S. Fertel at the Nuclear Energy Institute, Marie N. Hollein at Financial Executives International, and Lezlee Westine from the Personal Care Products Council.
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