Succession planning has made headlines for both good and bad reasons within the past seven days. Last week, Grapevine Leaders reported on the leadership vacuum within the £11billion tech company Aveva, which was thrown into turmoil when Chief Executive Craig Hayman swiftly stepped down in the middle of a merger, plunging stock prices by six per cent.
And now this week, iconic investment magnate and CEO of holding company Berkshire Hathaway, Warren Buffett, has offered a glimpse into the meticulous process of ascertaining who would take over from him when he is finally unable to continue helming the company.
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