A recently completed search for a CFO for an aerospace manufacturing company presented the following executive compensation insights:
This sub-segment includes several PE strategies that focus on value creation, including founder-led high growth, platform-plus-tuck-ins, and roll-ups.
Companies that have suffered a set-back of some kind that has put stress on profit, the team, and stakeholders.
Founder-led or founder-involved businesses.
Given BSG’s roots in venture capital-backed business, we know how different it is to bring in a new executive leader into a company that is still either led by or whose leadership team still contains founders and/or family members. BSG is particularly adept at assessing the cultural dynamics of a founder/family involved chemistry and culture, where special care needs to be levered on the “fit” equation to ensure that the new executive who is brought in will be able to contribute to value creation as investors would hope.
Carve-outs from larger corporate structures.
New leaders brought in to champion a carve-out from a larger corporate parent need to bring more in their toolbox than knowledge of TSAs (transactional service agreements). These leaders need to have experience coalescing an organization, creating vision, culling out distractions, and ensuring that the kernel of value captured in the spinout doesn’t get lost in the distraction of rebranding exercises and loss of the former corporate parental umbrella.
For the last 5 years, BSG and Dr. Allen Sinai, Chief Global Economist and Strategist, have brought together PE investors and investor-backed CEOs to review economic predictions for the upcoming year.
This year our annual Economic Forecast was held at the Dane Estate at Pine Manor College on November 15, 2018 and we are proud to present the highlights of Dr. Sinai's predictions.