A woman’s place
HBO’s “Succession” is all about which one of his offspring would succeed the feisty founder Logan Roy. In fact, the autocrat’s belligerent handling of the topic gave the four-season television series its vigour. CEOs of the big five Canadian banks cannot conduct any such shenanigans. In those institutions, succession must be as smooth as a kitten’s wrist. That’s why eyebrows popped in 2022 when the board of Scotiabank chose a director, Scott Thomson, to become president, then president and CEO in 2023. To be sure, the board makes the final decision to appoint the CEO, but I cannot recall any...
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