The survey is based on 200 responses from healthcare CEOs across the country who are over the age of 55. Here are some of the survey’s other major findings:
• Roughly 71 percent of healthcare CEOs between the ages of 55 to 59 either have no current plans to retire or are at least five years away from retirement. Seventy-three percent of respondents said their organization’s board does not want them to retire.
• Fifty-two percent of respondents said there is no one at their organization prepared for the CEO role.
• Fifty-one percent of respondents said they have worked with their senior management team to identify potential successors.
• Twenty-nine percent of respondents have identified a successor for their role, and only 17 percent said their successor is prepared for the CEO role.
• Thirty-nine percent of respondents said they have worked with the board to develop a formal succession planning process.
• Sixty-three percent of respondents said they enjoy their job too much to retire.
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