Seven Real-Life CEO Succession Dramas

The hit HBO show Succession riveted viewers by exploring power, wealth and family dynamics. The show followed the drama of a fictional family as they struggled for control of the family business. The show, reportedly based on the real-life Murdoch family, wasn’t a far-off exploration of the drama that often accompanies an intergenerational transfer of power or the appointment of successor leadership. 

Even the most iconic companies, celebrated for their innovation and success, have faced turbulent times under the leadership of their CEOs. From navigating financial crises to managing public relations disasters, these leaders have encountered obstacles that tested their resilience, decision-making and vision. Here are seven real-life examples, and some key lessons learned, from CEO transitions at some of the largest companies.