This past week was a remarkable one in the technology business. At the start of the week, Steve Jobs passed the leadership of Apple to Tim Cook and at the end of the week, Eric Schmidt passed the leadership of Google to founder Larry Page. Apple and Google are two of the most important technology companies in the world and the leaders in the mobile business which is certainly the next frontier in tech. These two moves have me ruminating on the role that CEO transitions play in the development of great companies.
I have been involved in many CEO transitions in my time in the tech/startup/venture business. They are a time of great opportunity and great risk for companies. Getting the right person in the corner office at the right time is absolutely critical and not particularly easy.
To read the full, original article click on this link: A VC: CEO Transitions
Author: Fred Wilson