Wates Group (A): A new CEO
The Wates family is considering hiring a non-family CEO. They have done this previously, and the experience was not particularly successful. What should they be looking for, and how much space should they give the new CEO to operate as he sees fit? Conversely, as the potential CEO, would you take this job?
To consider the question of when a family company should appoint a non- family CEO.
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in I by IMD 24 June 2024
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Case reference: IMD-7-2457 ©2024
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Case reference: IMD-7-2546 ©2024
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in MIT Sloan Management Review Summer 2024, vol. 65, no. 4
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