Abby Johnson has agreed to become Chief Executive Officer of Fidelity, reflecting a further step forward in our leadership succession plan. Abby will retain her role of President, and I will continue to serve as Chairman of the Board.
I'm the ninth CEO of IBM. Every one of my predecessors has steered through a technological shift, and every one left the company in a better position than the person before them and prepared this company with a very strong balance sheet to allow it to continue to invest for the next shift.
The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
It wasn't easy once I started running 20th Century Fox. There were a lot of eyebrows raised, and it wasn't easy, that transition, because, you know, I had big shoes to fill and I was very young, 27.
The number of CEOs voluntarily leaving their jobs or being forced out spiked early. Many of those companies will be turning to an interim CEO to take the reins. These temporary leaders are increasingly in demand, according to those who watch corner office trends.
I think there's few cases in history where the C.E.O. steps down and is also the founder and reports to someone and that works.
Change in leadership does not only come in a pin stripe suit with a bald spot on its head.
I look forward to working with my friend and fellow Iranian American Mr. Khosrowshahi. Dara's experience and his proven track record of success make him the right choice to lead Uber.
The industry has to learn how to do CEO succession well. If your definition of success is Intel or Microsoft or HP or IBM, that's not a good track record, and yet they are the most successful ones.
Michael Eisner let it be known last week that he had no intention of leaving the entertainment business once he steps down as CEO of Disney in October.
Especially during the first nine months, there was so much going on with trying to hire 55 people to run the city, it was hard to imagine any honeymoon.
When a new CEO comes, make sure you send him a visiting card to say, 'Sir, I'm with you'.
Inauguration Day is like two ships passing in the night: the new staff moving in while the other walks out, taking one final look at the White House lawn as they leave with their cardboard box of possessions.
That was pretty smooth, because you don't want something to go wrong when you have a whole senior level of actings. That's not a position you want to be in. It's OK to replace your team, but usually you want them to be in place until the new people are confirmed.
