Actor Jacob Young arrives at the 41st Annual Daytime Emmy Awards in Beverly Hills, California June 22, 2014.
IN PHOTO: Actor Jacob Young arrives at the 41st Annual Daytime Emmy Awards in Beverly Hills, California June 22, 2014. Reuters/Phil McCarten

The latest episode of "The Bold and the Beautiful" will focus on Eric "Rick" Forrester, Jr. (Jacob Young), Caroline Spencer (Linsey Godfrey), Katherine "Katie" Logan Spencer (Heather Tom), Ridge Forrester Sr. (Thorsten Kaye), Maya Avant (Karla Mosley), Ivy Forrester (Ashleigh Brewer) and Eric Forrester, Sr. (John McCook). The main storyline of this episode is about Eric's choice for his replacement as the head of Forrester Creations. Spoiler Alert! This article contains "The Bold and the Beautiful" spoilers for the Oct. 23, 2014 episode. Read only if you want to know more about it.

According to Soaps.sheknows, here's what will happen in "The Bold and the Beautiful" on Thursday, Oct. 23, 2014. Eric will make a highly anticipated announcement about Forrester Creations, including who will run the company after he steps down from his leadership position. Meanwhile, Rick thinks that he and Caroline have it in the bag and that they will be placed in positions of power in the company.

On the other hand, TV Guide reports that everyone else is waiting with bated breath on who Eric will announce as his successor to become the chief executive officer, or CEO of Forrester Creations. As for Rick, he is confident that his father will name him and his wife as his replacement.

CBS posted another video of the upcoming episode of "B&B" on their official channel in YouTube. It features scenes between Rick, Caroline, Eric, Ivy, Katie, Ridge and Maya. Rick will talk to Caroline about Ridge. As for Eric, he will worry about which son to choose as the new head of Forrester Creations. Meanwhile, Katie is wondering something about Caroline's crush. And, Ivy will reassure Eric that he will make a fair decision. Plus, Maya wants Katie and Rick to know about Ridge and Caroline's involvement.

Below are some of the memorable lines to watch out for in "The Bold and the Beautiful" on Oct. 23, 2014.

"Will it be me? Or will it be Ridge?" Rick asked Caroline in the "B&B" video posted on the show's official YouTube channel.

"One of my sons is about to be very happy and the other one is very disappointed," Eric said.

These are "The Bold and the Beautiful" spoilers for the Oct. 23, 2014 episode including the scenes mentioned above featuring Maya, Katie, Ridge, Caroline, Rick, Ivy and Eric. Don't miss any of the "B&B" episodes on CBS Daytime and find out what happens next to the characters in it. Stay updated with the latest about your favourite soap opera by continuing to read International Business Times. And, don't forget to read other news about entertainment, economics, health, business, technology, science, sports and politics at IBTimes.

Watch "The Bold and The Beautiful" - Next on B&B (10/23/2014):

CREDIT:

YouTube/CBS

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'The Bold And The Beautiful' Spoilers For Oct. 21, 2014: Maya Tells Rick About Ridge And Caroline While Deacon Reflects On Hope's Warning [WATCH VIDEO]

'The Bold And The Beautiful' Spoilers For Oct. 20, 2014: Hope Gives Another Ultimatum While Ridge And Caroline Meet Up In Secret [WATCH VIDEOS]