Interim CEO
When a qualified,
experienced person is appointed by the Board of Directors to act as the Chief
Executive Officer during turmoil he is known as Interim CEO. Previous CEO
leaves the position vacate after his departure when an Interim CEO steps in his
shoe. This is not a permanent post. This tag is temporary till suitable someone
arrives to hold this crucial position. https://www.linkedin.com/in/muralicherat
Most of the time companies hire Interim CEO
from their existing employees. Company can also hire someone from other
organization. Sometime Interim manager gets
absorbed by the same company and receives the permanent tag of the chief executive officer
Any established
organization can have a sudden vacancy in the post of CEO due to termination,
resignation and for health issue. Then they appoint a person who can
actually deal with the situation with his year long experience. His job is to
set a goal and follow it till its execution. He coordinates with other
executives and managers to meet the challenges.
Interim CEO http://www.innoresmentor.com/interim-ceo-india.html looks into financial matters with the
Chief Finance Officer. He decides investment policy. He gets the limelight
during his tenure and if he fails he gets a red mark in his career. As the face
of the company he is solely responsible for the company’s future. Mostly this person can handle crisis situation. Regardless, only a veteran experienced person can
justify this post.
Though the position is
temporary, is as efficient as a permanent Chief Executive Officer
should have been. The primary objective of an is to maintain the
balance of the company and keep the flow of growth alive. His knowledge,
proficiency, relation with other employees, active participation matter most to
run the company successfully. This position demands a savior who can actually
sail the ship.
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