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When you know it’s time to go, when should you have to say so?

Both CEOs and boards need protection and flexibility in required notice of termination or departure. Some boards want 90 days or more notice from CEOs who are leaving, but more is not always better, or necessary. "Within about two weeks or a month the members and staff start moving past you. Beyond the first month you’re in this awkward situation," says Paul Pomerantz, CEO of the American Society of Anesthesiologists.

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