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Marc Feigen

From Wikipedia, the free encyclopedia

Marc A. Feigen is an American business executive.[1] As the CEO of Feigen Advisors, he primarily advises CEOs in the Fortune 200, while training and educating new CEOs for the chief executive role.[2][3][4] Considered "America's leading coach for CEOs," Feigen has guided more than 35 chief executives of global companies, including Disney, Ford, and Netflix.[5][6][7] He is an expert on CEO succession and investor relations.[8][9][10]

Feigen Advisors publishes the annual “New CEO Report,” which profiles new S&P 250 CEOs and has been cited in Fortune, HuffPost, and other news outlets.[11][12][13][14] The chairman of the firm's Advisory Board is Richard Parsons, the former chairman of Citigroup and the former chairman and CEO of Time Warner.[15]

A Harvard Business Review contributor, Feigen is quoted in The Wall Street Journal as an expert on corporate management.[16][17][18] Feigen advocates for companies to groom and choose more female CEOs, and for companies to consider co-CEOs.[19] His research, published in Harvard Business Review, showed that co-CEOs delivered nearly 40 percent higher shareholder returns than the industry average across 87 public companies.[20][21] In March 2024, The Wall Street Journal reported that then-Netflix CEO (and current executive chairman) Reed Hastings enlisted Feigen for succession planning help.[22] According to Australian Financial Review, Feigen spent months with co-CEO Greg Peters (who was COO at the time) training him to co-lead Netflix.[23]

Stephen J. Dubner, co-author of the Freakonomics book series, has called Feigen "an evangelist for co-CEOs."[24] In September 2023, Feigen appeared on Freakonomics Radio as an expert on the conditions that help predict whether co-CEOs and other business leaders will succeed.[25]

In 2017, Fortune profiled Feigen's work as a CEO advisor, calling him "the CEO whisperer" and sharing five of his management lessons.[26] The story praises Feigen for "lift[ing] the role of C-suite counselor to an entirely new dimension."[27] That same year, Feigen appeared on Wharton Business Radio to discuss the 2016 New CEO Report.[28] He also published an op-ed column in Investor's Business Daily explaining the report's key findings.[29]

Feigen is the Executive Vice Chairman and co-founder of Cambridge in America.[30][31] He is also an Honorary Fellow at St John’s College (University of Cambridge) and co-chair of Every Vote Counts' executive board.[32][33] Feigen teaches a course on the CEO's role at the Cambridge Judge Business School.[34]

Background

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Feigen is a graduate of the University of Pennsylvania (B.A. with honors, History); Cambridge University, (M.Phil., International Relations); and the Harvard Business School (MBA).[35]

Personal life

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Feigen has two daughters: Julia and Annabel.[36]

Publications

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  • "Is It Time to Consider Co-CEOs?" Harvard Business Review, 2022[37]
  • "Look to Military History for Lessons in Crisis Leadership." Harvard Business Review, 2020[38]
  • "The CEO's Guide to Retirement." Harvard Business Review, 2018[39]
  • "The Boardroom's Quiet Revolution." Harvard Business Review, 2014[40]
  • "Ensuring CEO Succession Ability in the Boardroom" chapter in The Talent Management Handbook, McGraw Hill, 2011[41]
  • Real Change Leaders, Times Books, 1996[42]

References

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  1. ^ "Choosing Your Next CEO ^ R2204B". HBR Store. Retrieved 2024-02-01.
  2. ^ "Marc A. Feigen: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2017-05-11.
  3. ^ "Square's 'Heavyweight' Board May Belie Shareholder Pitfalls, Even Takeover Chances". Real Money. Retrieved 2017-05-11.
  4. ^ "More People Named Jeffrey Got Top CEO Jobs Than Women Last Year". Fortune. Retrieved 2019-06-28.
  5. ^ "The year in leadership: Everything to know about the most recent crop of leaders to score top CEO jobs". Fortune. Retrieved 2020-07-09.
  6. ^ Feigen, Marc; Wallach, Benjamin; Warendh, Anton (2020-07-01). "Look to Military History for Lessons in Crisis Leadership". Harvard Business Review. ISSN 0017-8012. Retrieved 2020-07-09.
  7. ^ "Marc Feigen". Cambridge in America. Retrieved 2022-07-07.
  8. ^ Colvin, Geoff (2020-02-20). "Should CEOs stay on the board after they step down?". Geoff Colvin. Retrieved 2022-07-08.
  9. ^ "More People Named Jeffrey Got Top CEO Jobs Than Women Last Year". finance.yahoo.com. Retrieved 2022-07-08.
  10. ^ Toonkel, Jessica. "Netflix's Co-CEOs Are Nothing Alike. That's a Good Thing". WSJ. Retrieved 2024-03-29.
  11. ^ "CEOs at huge S&P 500 companies are often long-time veterans". Fortune. Retrieved 2017-05-11.
  12. ^ Peck, Emily (2017-04-20). "Don't Fool Yourself, Men Are Still Overwhelmingly In Charge". Huffington Post. Retrieved 2017-05-11.
  13. ^ Staley, Oliver. "Four common traits of 29 new CEOs at the largest US companies". Quartz. Retrieved 2017-05-11.
  14. ^ "More People Named Jeffrey Got Top CEO Jobs Than Women Last Year". Fortune. Retrieved 2019-06-28.
  15. ^ "Richard D. Parsons Esq., J.D.: Executive Profile & Biography – Bloomberg". www.bloomberg.com. Retrieved 2017-05-11.
  16. ^ S. Lublin, Joann (2015-11-25). "Should You Follow an Old Boss to a New Job?". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-02-06.
  17. ^ Rosenbush, Steve (2017-10-27). "The Morning Download: CIO Compensation Rises 37% in Two Years". WSJ. Retrieved 2018-02-06.
  18. ^ Feigen, Marc A.; Jenkins, Michael; Warendh, Anton (2022-07-01). "Is It Time to Consider Co-CEOs?". Harvard Business Review. ISSN 0017-8012. Retrieved 2022-07-08.
  19. ^ "There Were More CEOs Named Jeffrey Than CEOs Who Were Women Last Year: Report". HuffPost. 2019-07-01. Retrieved 2022-07-08.
  20. ^ "Netflix's co-CEO says it's 'impossible' to run the $500b giant alone". Australian Financial Review. 2024-10-30. Retrieved 2024-11-15.
  21. ^ Feigen, Marc A.; Jenkins, Michael; Warendh, Anton (2022-07-01). "Is It Time to Consider Co-CEOs?". Harvard Business Review. ISSN 0017-8012. Retrieved 2024-11-15.
  22. ^ Toonkel, Jessica (March 24, 2024). "Netflix's Co-CEOs Are Nothing Alike. That's a Good Thing". The Wall Street Journal.
  23. ^ "Netflix's co-CEO says it's 'impossible' to run the $500b giant alone". Australian Financial Review. 2024-10-30. Retrieved 2024-11-15.
  24. ^ Kelley, Ryan. "Are Two C.E.O.s Better Than One?". Freakonomics. Retrieved 2024-01-23.
  25. ^ Kelley, Ryan. "Are Two C.E.O.s Better Than One?". Freakonomics. Retrieved 2024-01-23.
  26. ^ "5 Things Every Aspiring CEO Should Know, From The Coach Who Groomed Disney's Bob Iger". Fortune. Retrieved 2017-11-01.
  27. ^ "5 Things Every Aspiring CEO Should Know, From The Coach Who Groomed Disney's Bob Iger". Fortune. Retrieved 2017-11-01.
  28. ^ Marc Feigen on the 2016 New CEO Report, retrieved 2017-05-11
  29. ^ "Stability Reigns At The Top Of The S&P 250". Investor's Business Daily. 2017-06-02. Retrieved 2017-06-04.
  30. ^ "A Century of Friendship: A History of Cambridge Philanthropy in America". Cambridge in America. Retrieved 2023-04-24.
  31. ^ Roberts, Andrea Suozzo, Ken Schwencke, Mike Tigas, Sisi Wei, Alec Glassford, Brandon (2013-05-09). "Cambridge In America - Nonprofit Explorer". ProPublica. Retrieved 2023-04-24.{{cite web}}: CS1 maint: multiple names: authors list (link)
  32. ^ "Marc Feigen". Cambridge in America. Retrieved 2023-04-24.
  33. ^ "How to Reform the 2024 Presidential Primaries". Newsweek. 2023-04-14. Retrieved 2023-04-24.
  34. ^ "Marc Feigen". Cambridge in America. Retrieved 2023-05-23.
  35. ^ "Marc A. Feigen: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2017-05-11.
  36. ^ "Jack B. Levine Obituary (2008) the Miami Herald". Legacy.com. Retrieved 2022-07-05.
  37. ^ Feigen, Marc A.; Jenkins, Michael; Warendh, Anton (2022-07-01). "Is It Time to Consider Co-CEOs?". Harvard Business Review. ISSN 0017-8012. Retrieved 2022-07-05.
  38. ^ Feigen, Marc; Wallach, Benjamin; Warendh, Anton (2020-07-01). "Look to Military History for Lessons in Crisis Leadership". Harvard Business Review. ISSN 0017-8012. Retrieved 2020-08-04.
  39. ^ "The CEO's Guide to Retirement". Harvard Business Review. 2018-09-14. Retrieved 2018-09-27.
  40. ^ Parsons, Richard D.; Feigen, Marc A. (2014-03-01). "The boardroom's quiet revolution". Harvard Business Review. 92 (3): 98–104, 126. ISSN 0017-8012. PMID 24693753.
  41. ^ Berger, Lance; Berger, Dorothy (2010-12-01). The Talent Management Handbook: Creating a Sustainable Competitive Advantage by Selecting, Developing, and Promoting the Best People (2 ed.). McGraw-Hill Education. ISBN 9780071739054.
  42. ^ Katzenbach, Jon R. (1997-06-10). Real Change Leaders: How You Can Create Growth and High Performance at Your Company (1st pbk. ed.). New York: Crown Business. ISBN 9780812929232.