Leadership Recruitment Joe Zaloudek Tuesday, April 23, 2019

Zaloudek Land Management Overview Background Management Recruitment Research Explanation Analysis Recommendation Implementation Conclusion 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Background Why companies need leadership Provide figurehead Develop corporate culture Foster innovative ideas Implement new management teams Represent company to investors 23 April 2019 Zaloudek Land Management

Management Recruitment How CEO’s are selected Promotion from within Family owned company Entrepreneurial venture CEO Search Used for large corporations International scope Higher qualifications sought 23 April 2019 Zaloudek Land Management

Researched Corporations 23 April 2019 Zaloudek Land Management

American Electric Company Michael G. Morris Two Years with AEP Vision for capital investment Past CEO Experience Bachelors, Masters, and Law Degrees 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Constellation Energy Mayo A. Shattuck III Five Years with Constellation Energy Vision of environmental protection Extensive past experience Duetsche Bank CEO Masters of Business Administration 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Edison International John E. Bryson 22 years with Edison Commitment to Integrity, Respect, and excellence Background in environmental law Bachelors, Doctoral Law degree 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Alabama Power Charles D. McCrary 36 Years with AP Vision for expansion of Southern Company Hands on experience with AP Bachelors and Law Degree 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Research Findings 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Years within Company 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Internal Promotion Internal Promotion Advantages Known capabilities Knowledgeable with company Working relationship with current leadership Disadvantages Lack new ideas May not be best candidate 23 April 2019 Zaloudek Land Management

Zaloudek Land Management External Promotion External Promotion Advantages Wide selection of candidates Open – minded Fresh, innovative ideas Disadvantages Lack of company knowledge Must gain employee respect 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Education Level 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Education Leadership skills are essential Must be knowledgeable in the industry Develop and follow a vision Excessive scholastic careers may hinder a person’s leadership skills Must be approachable Should understand employees’ needs 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Experience as CEO 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Experience Results inconclusive Experience is beneficial, but not essential Innovative leadership is effective Flexibility is a catalyst to corporate growth Entrepreneurial ventures Medium sized companies 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Recommendation Assess leadership needs Flexible / Experienced leader Develop process of promotion Training and development Analyze candidates’ past experience and education Match these attributes to the needs of the company 23 April 2019 Zaloudek Land Management

Zaloudek Land Management Questions 23 April 2019 Zaloudek Land Management