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Replacing the CEO and CFO at the same time often looks decisive to boards, but it quietly strips a company of both its operating and financial memory. This episode explains why simultaneous CEO–CFO exits trigger capital risk, erode lender and investor confidence, and slow execution through internal paralysis. A clear warning for boards under pressure, focused on why succession is a sequencing problem, not a symbolism exercise, and how poorly timed leadership changes can turn renewal into instability.
By Ash WendtReplacing the CEO and CFO at the same time often looks decisive to boards, but it quietly strips a company of both its operating and financial memory. This episode explains why simultaneous CEO–CFO exits trigger capital risk, erode lender and investor confidence, and slow execution through internal paralysis. A clear warning for boards under pressure, focused on why succession is a sequencing problem, not a symbolism exercise, and how poorly timed leadership changes can turn renewal into instability.