Filling the void : the underlying processes of CEO post-retirement role identity reformation

Abstract

PURPOSE : Following identity theory from a symbolic-interactionist perspective, we explore the post-retirement role identity reformation of public company CEOs to uncover the process elements through which role identities reform after retirement from highly salient roles. DESIGN/METHODOLOGY/APPROACH : We applied a self-relevant qualitative exploration based on 30 in-depth interviews and employed an interpretative phenomenological analysis. FINDINGS :

The findings reveal six interrelated, contemporaneous and contiguous underlying process elements within post-retirement liminality and emergence clusters, which shape work and nonwork role identities that contribute to retirement stability and well-being. PRACTICAL IMPLICATIONS :

The research provides a basis for organizations and human resource specialists to guide retiring senior executives on the psychological effects, cognitive processes and practical considerations of the retirement transition. ORIGINALITY/VALUE :

The study provides a framework for understanding how the post-retirement void evokes novel appraisals of self, others and context. These appraisals act as stimuli of an integrated cognitive, social and behavioral work role identity reformation process.