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.

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