The 2012 Australian Chief Executive Study: The Rise of the Internally Appointed CEO

After several years of economic uncertainty, companies in Australia and throughout the world are becoming more proactive in planning the successions of their chief executive officers. Currently, a higher percentage of Australian companies are hiring chief executives from inside their own ranks, rather than looking elsewhere for new leadership. Internal appointees tend to have longer tenures, and in more recent years, they have had stronger shareholder returns.