Hiring a CEO is to bring someone into an organization’s pinnacle of responsibility. The stakes are high and outcomes can be dramatic. As a generally infrequent event, most directors may not have needed experience in a strong CEO succession process. How should a board frame the CEO succession process? What questions need to be asked? Who is on the team that should lead the process? What are the most critical, core elements in a strong CEO succession process, and what key elements are often overlooked?
You are invited to join in private Director Roundtable luncheon conversation to explore these issues with other Directors. Our special guests who will bring key insights to the conversation are:
Richard Faubert Richie has participated and led board level CEO Successions on four separate occasions. He is currently a Director for Axcelis Technologies and AmberWave Inc., and has previously served on the boards of Electro Scientific Industries (ESI), RadiSys Corporation, and SpeedFam-IPEC. Richie’s executive roles have included CEO & Chairman of Amberwave Systems, Inc., CEO of SpeedFam-IPEC, Inc., EVP Novellus Systems, VP GM Tektronix Measurement, and VP R&D at GenRad. He holds a B.S.E.E. from Northeastern University. Richie is a member of NextLevel.
Tim Price Tim is CEO and Director of Pacific Power Group, CEO of Southwest Products, CEO of the Nordstrom Family Office, and a Member of the Advisory Board for RetailNext, BVI Networks, Inc. Tim’s previous executive roles have included CEO of Dolce Vita Footwear, EVP & CFO of Ultimate Electronics, EVP & CFO of Movie Gallery, Inc., SVP & CFO of Hollywood Entertainment, Inc., and SVP & CFO of Robinsons-May Department Stores. Tim holds B.A. in Political Economics from Capital University.
Attendance is limited to up to 15 NACD members and guests who are current board members.