Member Thought Leadership
In the fast-paced world of private equity, success hinges on effective leadership. With approximately 23,000 PE-owned portfolio companies in the United States alone, the demand for top-tier CEOs is relentless. Traditionally, PE firms have favored seasoned executives with prior industry or exit experience to lead portfolio companies post-buyout, however, a paradigm shift is underway as more firms opt to recruit first-time CEOs or promote them from within the organization.
Some PE firms feel that there are inherent risks associated with first-time CEOs. While they may lack a proven track record of transformation or successful exits in the PE realm, Acertitude has reason to believe they bring fresh perspectives and an unmatched hunger for success.
