Question: 1. What should the board include in creating its plan for identifying, selecting and hiring a replacement for the CEO including key issues, considerations,
1. What should the board include in creating its plan for identifying, selecting and hiring a replacement for the CEO including key issues, considerations, and timeline? 2. What strategy and tactics should the board consider for recruiting and developing, the next generation of the co-op's board members? 3. Should the board retain a headhunter to assist with a CEO search? What are the pros and cons of doing so? 4. What about promoting a person from within the co-op to the CEO position? 5. To what extent should the current CEO be involved in the CEO succession planning and/or recruitment process? 6. What can the board do to encourage younger members to serve on the board? 7. Help Jerry out by identifying three tangible activities for the board to complete for CEO succession and a similar list for board member succession.
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