In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Camille Lee and Dominic Cottone of Ferguson Partners discussed keys for succession planning in REIT leadership.
REIT Governance Specialist Says Succession Planning Should Include All Senior Management
Jim Hanks, a senior partner at Venable LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Hanks discussed the growing importance of succession planning.
“I see it as a major item on a continuing basis, as it should be,” he said.
Hanks highlighted a number of aspects to succession planning, including a focus on short-term and long-term planning. “Boards should be doing both,” he said.
