Which of the following could be classified as a "succession event?"
A) appointing an insider to become the new CEO
B) hiring a new CEO from outside the firm
C) making an acquisition and appointing the CEO from the acquired firm as the new CEO
D) all of these

Question

Quizplus · Accepted Answer

All three options involve a change in leadership, which is typically what is meant by a "succession event." Option A involves promoting someone already within the organization to a leadership role. Option B involves bringing in someone who is new to the organization to lead. Option C involves acquiring another company and appointing their leader as the new leader of the combined entity.

Which of the Following Could Be Classified as a "Succession