James Abruzzo – President, Abruzzo Associates Peter H. Hansen – Principal, Arts, Culture, and Media Philanthropic Advisors We’ve all read the press release: The Board announces that the President and CEO is stepping down “effective immediately,” with mutual appreciation on all sides and a national search to follow. Everyone in the field recognizes the script.
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James Abruzzo – Abruzzo Associates Peter H. Hansen – Principal, Arts, Culture, and Media Philanthropic Advisors In our first blog, we described the dismal record of nonprofit boards—and their CEOs—in creating healthy succession plans. It would seem that organizations that plan well in advance of a leadership transition are miles ahead. And, in some ways,
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The Facts Since 1991, James Abruzzo and Abruzzo Associates have been surveying cultural organizations to find out how they plan for CEO succession. The League of American Orchestras, the Association of Art Museum Directors, the Association of Science and Technology Centers, and other nonprofit trade associations have assisted in administering these surveys. The results, consistent
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