Interim CEO Wants Permanent Role
Executives who hold the title of “interim CEO” must compete effectively if they want to win the permanent role.
Compete to win the permanent role as interim CEO
“The board asked me to be the interim CEO about three months ago,” she shared. “I agreed and let them know I would be interested in the permanent role.”
“Great,” I replied. “Then what?”
“Well,” she said, then paused. “Nothing, really. The board selected an executive recruiting firm to manage the search and I’ve heard nothing since.”
“Oh,” I said. “Have you asked for an update?”
“I did talk to one of the board members. He said since I expressed interest in the job then I would have to be treated like all the other candidates so it’s fair,” she said. “Should I be worried?”
There is always reason to be doubtful when the company hires an outside firm if you are the inside candidate. It doesn’t mean you won’t be considered or even win the job. It does mean they are not entirely convinced you are the right person for the role.
If you want the job, then you have to compete. You can’t sit back and wait for them to come to you. If you were the heir apparent, they would have already done so and saved the money spent on the recruiting firm.
Be proactive, as you are essentially auditioning for the role of permanent CEO of that organization. Act like a CEO, and show the board and/or hiring authority that you can do the role. If they can picture you as CEO, then the “interim” tag may be dropped. Reach out to Endeavor as we can help you win the permanent role with our executive career coaching experts who can guide you through to winning the role and advancing your career.
Keep in mind, if a new leader comes in, they will want their own leaders around them. You were a competitor for the role and they might not want you around much longer. Be prepared.
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Endeavor Agency helps rebrand clients to effectively communicate their value throughout the interview process and increase their odds dramatically of winning offers. Additionally, Endeavor Agency helps clients achieve better results in negotiating the terms of their employment agreements.
Endeavor Agency also provides executive coaching, outplacement services, and business consulting services. Endeavor can also help guide executives focused on the private equity and venture capital market segments.
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