As Rosanna Ventrone Trasatti, Managing Director, Global Head of Private Equity Practice, shares in FundFire, what makes for a great CEO in a non-private equity-backed company is not the same as a great CEO in a PE-backed business. With Private Equity investment periods typically lasting three to five years, waiting too long to make a change can be a mistake. Getting the right person in the seat sooner – the person who will drive value throughout the investment period – is better in almost all cases.
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If at first you don't succeed, fire the CEO: Buyout Firms