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WEB EXCLUSIVE: Heir Unapparent, SI Review August 2010

Many companies might have to scramble to find a replacement if their chief financial officer left unexpectedly, a Robert Half Management survey reveals. Eighty-three percent of financial executives interviewed said they have not identified a successor for their position. Of those, 81% said their primary reason for not doing so was that they have no plans to leave their present companies in the near future.

"Identifying and developing future leaders is crucial for businesses and succession planning is a necessary step in that process," comments Paul McDonald, executive director of Robert Half Management Resources.

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