Selecting, evaluating and rewarding the right CEO is a core responsibility of the board, yet developing a CEO succession plan while maintaining a strong relationship with the current CEO can be an awkward balancing act. Now, the impact of a pandemic, ESG and changing social and political dynamics is placing new demands on CEOs and management teams, with implications for CEO succession planning. Bob Stark, co-leader of Spencer Stuart’s CEO Succession Advisory Services, speaks with TK Kerstetter of Inside America's Boardrooms, offering guidance and advice for effective CEO succession planning.