Russell Reynolds Associates: The Right CEO for a Recession
What type of CEO do you want leading your company when times get tough?
Two seemingly opposite answers are often given: The first would be a long-tenured insider who knows every nook and cranny of the company and has already seen it through multiple business cycles.
The second would be an experienced outsider who can bring a fresh set of eyes to problems and challenges.
Dean T. Stamoulis consultant from Russell Reynolds Associates published new insights
- A company can have only one CEO at a time – so which one should a board choose?
- To help inform this dilemma, we recently analyzed the performance of the largest US public companies during the December 2007 to June 2009 recession
- And compared the CEOs at companies with the strongest recoveries (top quartile) to everyone else.