For CEOs, and even more so for company founders, the prospect of stepping out of leadership, handing the reins over to your successor, and letting go of the company you have poured your heart into for years can be a challenge. Especially for Evergreen® leaders, who tend to be humble and gritty, their work has been a labor of love; they are so heavily invested in the success of their team, their team’s families, and their company that trusting it will be ok without them is almost akin to watching children go out into the world independently. But it must and will happen to all leaders.

In this Tugboat Institute® talk, Kris Maynard, founder and Executive Chairman of Cathedral Holdings, shares his own experience around this moment in his leadership journey. As a founder, he chose to step into the role of Executive Chair first, to ensure that the transition was smooth and gradual, but the end result is the same; someone else is in charge now. His story will shed light on this process for leaders who are looking toward this transition, and while his lessons learned will not make it easy, they will certainly help prevent surprises and prepare you for some of the more unexpected aspects.