Record Details

Solving the ‘Problem Solved’ Problem: how PE Partners can help CEO/Founders Manage the Transition to a PE Dominated Board of Directors

Journal of Leadership and Management

View Archive Info
 
 
Field Value
 
Title Solving the ‘Problem Solved’ Problem: how PE Partners can help CEO/Founders Manage the Transition to a PE Dominated Board of Directors
 
Creator Stybel, Larry J.; Larry J. Stybel, Ed.D.
Co-founder Stybel, Peabody & Associates, Inc.,
60 State Street, Suite 700, Boston,
MA 02109-1894, USA
e-mail: ljstybel@gmail.com
Peabody, Maryanne; Stybel, Peabody & Associates, Inc., USA
 
Description This article focuses a small yet important onboarding situation: Founder/CEOs who once managed their Boards get to retain their jobs but now report to private equity dominated Boards. The study examined five successful scenarios where CEO remained on the job three years or more after this power shift. We contrasted this with a general set of interviews of private equity partners. Preliminary findings provide support for attribution theory: successful CEOs are more likely associated with PE partners who attribute Founder behavior to “state” conditions whereas unsuccessful CEOs are more likely associated with PE partners who attribute Founder behavior to “trait” conditions. Implications for successful CEO onboarding are discussed.
 
Publisher Institute of Leadership in Management
 
Contributor —
 
Date 2015-06-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://leadership.net.pl/index.php/JLM/article/view/60
 
Source Journal of Leadership and Management; Vol 2, No 4 (2015): Journal of Leadership and Management
2391-6087
 
Language eng
 
Relation http://leadership.net.pl/index.php/JLM/article/view/60/39
 
Rights Copyright (c) 2015 Author & JLM
http://creativecommons.org/licenses/by-nc-sa/4.0