What do we do when our CEO tells us they are going to retire?

This question comes up all the time.. The board asks, "what do we do when our CEO tells us they are going to retire"?  Well here are seven steps to replacing your CEO provide by NCUA in their monthly publication.... http://www.ncuareport.org/ncuareport/201206#pg6
Read complete report at;     NCUA Report - June 2012 - Page 1

There is also a step by step procedure located in our (NCOFCU's)  "Members Only" Policy Sharing for either emergency replacement or planed retirement.. http://www.ncofcu.org/CEO_Succession_Plan.doc   This Policy is FREE if you register at; NCOFCU