Succession Planning: Event or Renewal?

Dan Veitkus, Managing Partner, Corsica Partners joins Jan Petke, Managing Partner C100, the global private office for UHNW and sovereign family offices to answer this question and confirm best practices for succession planning.

The conversation positions succession as an institutional capability—a repeatable system of renewal that protects continuity of purpose, governance clarity, leadership capacity, and family capital across generations. The central warning is that when succession is treated as a one-time event or a single successor decision, it degrades into ambiguity, stakeholder mistrust, and ultimately a contest of personalities rather than a strategic transition. This is true for the family office and for shareholders and boards of every institution.