2020 Is Year of Accountability for Management Boards, Boardspan CEO Says

The video discusses the high CEO turnover in 2019, attributing it to increased accountability demands from investors. It highlights 2020 as a year of accountability, with examples from Boeing and Bed Bath & Beyond. The importance of succession planning is emphasized, with Oracle and Alphabet as case studies. The video also addresses board diversity, referencing California's SP826 law, and discusses the tech industry's diversity challenges.

What was a significant reason for the record CEO turnover in 2019?

• Economic recession

• Technological advancements

• Increased accountability

• Lack of innovation

What is a key theme for corporate boards in 2020?

• Accountability

• Cost-cutting

• Expansion

• Innovation

What is crucial for a smooth transition during CEO turnover?

• External hiring

• Succession planning

• Immediate replacement

• Increased salaries

Which company is highlighted as a good example of succession planning?

• Bed Bath & Beyond

• Boeing

• Oracle

• Alphabet

What law requires publicly traded companies in California to have at least one female board member?

• SB456

• SP826

• AB123

• CA789

What is a common criticism of the tech industry regarding diversity?

• Lack of innovation

• Bro culture

• High turnover

• Low salaries

What is a significant outcome of California's SP826 law?

• Increased profits

• Reduced CEO turnover

• More diverse boards

• Higher stock prices