Executive Transition
/ɪɡˈzɛkjətɪv ˈtrænzɪʃən/
Definitions
- (n.) The process in which governing authority or management control is formally passed from outgoing executives to incoming ones.
The board oversaw a smooth executive transition to ensure continuous compliance with corporate policies.
Forms
- executive transition
- executive transitions
Related terms
See also
Commentary
Executive transition often involves planned legal measures such as confidentiality agreements and regulatory filings to maintain organizational stability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.