July 20, 2023
The Pay & Proxy Podcast: Mistakes to Avoid When Transitioning CEOs
I’m loving Meredith’s new podcast series, “The Pay & Proxy Podcast”! If you haven’t already checked it out, now is a great time to listen to the latest episode – which is a 23-minute interview with Skadden’s Ryne Posey about “Mistakes to Avoid When Transitioning CEOs.” Meredith & Ryne discuss:
1. Understanding and quantifying the compensation package that may be due to the current CEO
2. Considerations when structuring a compensation package for an incoming CEO
3. Covenants in the outgoing CEO’s employment agreement
4. Potential implications for “good reason” termination rights in the employment agreements of other executive officers
5. Important considerations for internal and external communications plans
– Liz Dunshee