Abstract:

This qualitative, phenomenological study explored the criteria for CEO selection in U.S. for-profit firms. The study interviewed 12 corporate board members, HR VPs, and executive search firm leaders involved in the CEO selection process. Respondents shared their experiences in identifying and selecting CEOs; the criteria used in the selection process; and the importance of information technology knowledge as part of the selection criteria. Research study results indicated criteria for CEO selection were: integrity; industry knowledge; vision; communication skills; success in leading operations with increased accountability; and the ability to develop a CEO successor. Information technology was mentioned as a corporate board concern, but information technology expertise was not considered a component of CEO selection criteria. Technology advancement is a crucial component of corporate operations, yet the technology leaders are not included or considered in the corporate leadership process for non-technology companies.