When a crisis happens, the board is in the hot seat, whether it's a financial crisis, a threat of a hostile takeover or activist investor, a community confidence and brand protection crisis, or an external threat like a cyber-attack. As the fiduciary and overarching steward of the company, the board must operate as a responsive and accountable collective in addressing any business threatening crisis that might arise. This includes succession planning. Many boards focus on succession planning only for 3-5 years out. But what happens when a company loses its CEO? Who can immediately step into the role, and how does the need to be prepared affect other processes, such as the board director interview process?