Here’s how succession planning works at one local bank

’ choice of to succeed him at , is just the first piece in a big puzzle. Watson, 60, replaces Barnes, 64, as chief executive, and Barnes remains chairman. “Succession is a big part of our discussions with the bank’s compensation committee at least once a year,” Barnes said. “The idea is to make sure we have the right people on the bus.

Posted: 2013-10-11 19:45:00

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