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Plan for a Graceful Executive Exit…or Face a Disaster CEO Departure.

fireworks over an office building

Smart “on the shelf” strategies can help you disaster-proof high-level departures and avoid a firestorm of negative publicity. (Photo Credit)

Over the last couple of weeks, we’ve seen the departure of two very different CEOs in two very different ways with two very different results.

Daniel Vasella, long-time leader of global pharmaceuticals powerhouse Novartis, was the first departure, announced on 23 January.

Then on 28 January, Michael Clarke, head of the UK-based Premier Foods, announced his departure in a way reminiscent of former President Bush’s declaration of ”Mission Accomplished” a month after the banner flew behind him on the USS Abraham Lincoln aircraft carrier in 2003. Continue Reading…

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