Part 6 – The challenges of chairing a PE-backed business

In a series of mini reports, Directorbank explores the role of the PE Chairman – the draw, the required skill set, the opportunities and the challenges, particularly concerning the relationship with the CEO, the wider management team and the backers.

This report explores specific challenges of the PE Chairman role and encompasses feedback and insight from a recent survey of 240 experienced Chairmen from the Directorbank network. 

Our findings show 5 key scenarios where challenge is likely to arise. These are:

1. A breakdown in the PE investor and Management Team relationship

2. An underperforming Management Team

3. Getting agreement on the right time to exit

4. The PE investor overwhelms Management with unnecessary interference

5. The PE investor manages by numbers and lacks understanding of the business

 

To read the full report, download here: Part 6_The challenges of chairing a PE-backed business