New story from PR-USA.net published by Daniel Pleasant February 14, 2010
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What Constitutes a Viable Succession Plan? New Security and Exchange Commission Rules Brings Board T
After Bank of America's hurried search to replace CEO Kenneth Lewis, it is widely believed that the U.S. Securities and Exchange Commission was spurred to change its position on disclosure of succession planning processes, resulting in increased transparency. A recent legal document, Staff Legal Bulletin No. 14E (CF), removes the rock under which corporations could hide their succession plans – or the lack thereof. More: http://tinyurl.com/talentmanagement304