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Learn the major factors directors of NFP organizations need to consider for CEO succession.
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Selecting a new chief executive officer (CEO) is one of the most critical responsibilities of boards of directors, especially in small and mid-sized NFPs where the new senior executive will have a significant impact on success.
Planned CEO successions can be unpredictable, especially as many NFPs lack the scope and size to develop internal candidates for the job. Unplanned events can also trigger a change of CEO, requiring boards to act quickly to fill the void. In planned or unplanned situations though, directors of NFPs need to establish a process with clearly articulated board and committee roles to ensure finding the right successor.
Our document, 20 Questions Directors of Not-for-Profit Organizations Should Ask About CEO Succession, provides practical guidance on CEO succession planning.
This publication is reviewed annually for relevance and accuracy.
Canada’s accounting and auditing standards boards have a lot going on. Make sure you stay up to date on changes and get involved in standards development through the boards’ webinars and events.
February 10, 2020
Financial sustainability and digital disruption are influencing the future of NFPs. Be equipped to lead through complex change by attending Canada’s premiere event for not-for-profit leaders.
May 25, 2020
Explore new technologies that are revolutionizing accounting and finance. Find out how you can take advantage of best-fit digital solutions and emerging business trends to work smarter, ignite growth and keep innovating.