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Succession Planning Governance Case

In: New Living Cases on Corporate Governance

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Listed:
  • Martin Hilb

    (International Board Foundation and its International Center for Corporate Governance)

Abstract

Michael Miller is the founder of a successful international high-tech company in the medical field. The total staff includes 3500 employees, 90% of which are outside Switzerland. Miller’s company was successful in acquiring Phamtex International, another family-owned company. Miller offered the CEO position for the new merged company to John Kennedy who was the successful former CEO of Phamtex International. Suddenly Michael Miller realized that he had no successor for John Kennedy in case of his leave.

Suggested Citation

  • Martin Hilb, 2021. "Succession Planning Governance Case," Management for Professionals, in: Martin Hilb (ed.), New Living Cases on Corporate Governance, edition 1, pages 51-52, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-48606-8_10
    DOI: 10.1007/978-3-030-48606-8_10
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