Key Take-aways
- Found a CEO-in-waiting the perfect CEO role
- Significantly increased compensation
- Remained in their preferred location
Snapshot
Jane had been the Division President leading a $1B industry segment for a large multi-billion dollar packaging company. She had also led the other segments of the company over recent years and felt that despite great success in each of her roles, she could not advance any further.
Problem
The next step was the CEO role and they had not given her any indication when – or more likely, if – she would be able to ascend to that position. She had taken lateral moves to get to her current role but she felt that she was now blocked. She knew she needed to go outside the firm to achieve her goal but had not gone through a search in 20 years, particularly at this level. She approached Felix’ C-Suite Advisory for help.
Impact & Results
Several months later she connected with a private equity backed $750M packaging company and we helped her leverage her skills and experience into a CEO role – including a substantial increase in her cash and total compensation and the ability to stay where she was located.