3 Types of Succession Plans: Acting, Interim, and Rising CEO

Last week, we discussed retaining your CEO or executive director. This week, we transition to executive succession planning. We discuss having a plan for an acting CEO, an interim CEO, and a rising CEO. Many organizations want to bring along the next leader while their current CEO is still running the show. However, not every organization has that luxury and needs to have a plan in case the CEO has to step away in an emergency.

Timestamps:

00:00 Executive Succession Planning

01:20 Understanding the executive’s role

02:05 3 types of succession plans

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