Executive Search

More than a New Leader

The CEO is under siege. Restive shareholders have grown impatient with quarter after quarter of flagging financial results. Customers are confused by the company’s seemingly rudderless direction. Dispirited employees perceive, understandably, a leadership vacuum.

Finally, in a closed-door denouement, the CEO is unceremoniously ousted by the board of directors like the hapless coach of a third-rate football team. The call goes forth for a new chief executive, a visionary with the proven ability to generate and manage change.

The characters and their industries may differ, but the essential elements of this drama are being played out in more and more corporate boardrooms across America. Why?