As a company keen to be at the vanguard of corporate governance virtue, Ballard Power Systems Inc. prides itself on its progressive succession-planning policy.
Ask Michael Fielding to pick the most critical period in his two-year tenure as chief executive officer of Toronto-based StrataFlex Corp. and he'll answer in a clean, round number: the first 100 days.
When Bank of Nova Scotia chief executive officer Rick Waugh promoted a trio of investment veterans into senior executive positions 12 days ago, the move quickly prompted speculation that it was part of a succession plan for his job.