Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Lila MacLellan

EXPLAINED: Ceos are retiring but giving up power isn t easy | Rare Historical Photos

Dan Schulman, CEO of PayPal, speaks at a conference (Credit: Getty Images—Bryan van der Beek/Bloomberg)

The post-pandemic CEO departures keep coming, with PayPal CEO Dan Schulman becoming the latest to announce his resignation. Last year, Starbucks’s Howard Schultz declared that he’d be leaving the coffee chain (for the third time) this spring, and Levi’s Chip Bergh is midway through passing the baton. 

Deborah Rubin, an organizational psychologist with the leadership consulting firm RHR International, has some advice as more retirements emerge: Don’t neglect the emotional dimension of the transition, a factor that sometimes goes overlooked in even the most detailed succession plans.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.