AFR 9 Sep 2023
He says
succession planning is a board priority, given Joyce’s statement in 2020 that he would leave the company in late 2023.
“From Alan’s point of view, he’s always been cognisant that a part of his job was to ensure that not only did he have a world-class management team, but he had people within that team who were able to succeed him,” Goyder says.
“He’s been very clear with me and the board that his ambition is for a seamless succession, and that is ideally what is good for the business and shareholders.
“The board will do its duty and look internally and have a look externally, but we’re really confident, and certainly I am, in Alan’s team. There’s very capable executives.
“I think it’s incumbent on boards from day one of the CEO’s tenure to the last day of the CEO’s tenure, to ensure that succession planning is a key item of what we do.
“Part of that is ensuring that internal candidates are getting those opportunities to continue to build their capabilities, so when the timing comes, we’ve got strong choices.”