Boards, directors & committees · Working

Board succession planning

Also called: director succession

ELI5

Planning for future board leadership, skills and vacancies.

Used in conversation

“Which committee has oversight of board succession planning?”

Pitch context

You will see “Board succession planning” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.