Planning a C-suite executive transition

One of the decisions most professionals have to make at some point is when and how to leave their position. For corporate executives at public companies, this is more than a career move. It’s an event. Separating from your company—whether to accept a new role or to retire—may impact the company and its stock. Our experienced advisors are well versed in the best ways to handle these important transitions. And will work with you to create a plan that’s in your and your family’s best interest. Let us be your advocate and guide through this position change and beyond.

We understand that leaving a high-level position is its own unique challenge. You are a pillar of the company you’re leaving. You may have even built the company itself. Our advisors can help you as you decide if and when you’re ready to leave. And when the time is right, we’ll help you make the necessary preparations. Because nothing is more important than leaving on your terms. 

The secret to a smooth executive transition

Transition planning is the art and science of helping leaders leave their organization as smoothly as possible. J.P. Morgan’s advisors bring deep experience working with executives as they transition from their company for various reasons. We’ll offer support and guidance as you address the key questions that go along with transition planning.

As your advisors, our team works with you to consider the following:

  1. Timeline. When do you want to leave? It’s important that once you choose a date, you stick to it. And once you’ve announced your departure, it’s critical.
  2. Your next step. Retirement? A new position? Consulting? An advisor role at your current company? Whatever your next move, our advisors work with you to make sure you are set up for success.
  3. How your departure is managed by your current company. An executive’s departure can take a toll on company morale, especially if you’ve been at the company for a long time. We advise you on how to manage your professional relationships so that your departure doesn’t cause a rift.
  4. Public perception. When an executive steps down from a role for any reason, a company’s stock may take a hit. We’ll help you prepare for a smooth, discreet transition that won’t become a public “event.”
  5. Your company’s succession plan. Who will replace you? What vision will be carried out after your departure? And how much control will you have (or want) over either? We can help you think about these questions and more.
  6. Your legacy. How will you go down in company history? What changes will you be credited with, and how will your staff (and the public) remember you? J.P. Morgan advisors will work with you to make sure your legacy is as positive as possible.

Executive transition, life transition

Our advisors also work with you to address personal elements of your executive transition. We’ll help you think through questions like:

  • Why do I want to transition out of this role?
  • What are the pros and cons for making the transition?
  • What’s next for me?
  • How can I best prepare my colleagues and company for my departure in the months before my transition?
  • Do I want to be involved in selecting or onboarding my replacement?
  • What kind of connection do I want to maintain with my organization, if any?

Most of all, it’s important to remember that leaving on best-case terms requires thoughtful planning. Good planning can help mitigate the professional risks and stress of an executive transition, and it can help put you at ease financially, emotionally and psychologically.