Design and Implement Search Strategy to Successfully Hire Next CEO

Multibillion Dollar, 3G Single-Family Office, 60 FTEs and 40+ Family Clients

BACKGROUND

• Board of Directors for prominent Midwest office recruiting first, non-family CEO following death of patriarch

• Executive Chair of the board is charged with leading search committee of board members

SCOPE

• Serve as Project Manager for the search with accountability to the Executive Chair

• Direct all search activities from the launch of the search committee through the successful hiring of the new CEO

• Act as liaison between Executive Chair and search committee, compensation committee, search firm, and counsel

Deliverables

• Designed and implemented roadmap to manage search process

• Designed and directed request for proposal process with selected national and boutique executive search firms

• Guided search committee on selection of search firm partner

• Acted as liaison to search firm throughout process

• Orchestrated information flow on all aspects of search over nine-month long process

• Prepared Executive Chair for periodic, full-board updates on status of search

• Oversaw legal counsel in drafting employment terms and final employment agreement

• Supported Executive Chair in negotiations with finalist and with execution of final documents

• Provided onboarding recommendations and transitioned responsibility to internal HR team at conclusion of search