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CEO succession planning lacks in real estate industry

Eighty-nine percent of senior executives at major real estate firms report that most industry organizations fail to have adequate CEO succession plans, and nearly one-third say they are not confident that their firms could immediately select a new CEO, according to a report released by Urban Land Institute, a global...

By Amanda McGrory-Dixon | Updated on August 02, 2012

Eighty-nine percent of senior executives at major real estate firms report that most industry organizations fail to have adequate CEO succession plans, and nearly one-third say they are not confident that their firms could immediately select a new CEO.

The findings are from a report released by Urban Land Institute, a global research and education organization, and Russell Reynolds Associates, a global executive search and assessment firm.

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