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Case Study

Wates Group (A): A new CEO

6 pages

November 2009

Reference: IMD-3-2132

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?

Learning Objective

To consider the question of when a family company should appoint a non- family CEO.

Keywords

Family Business, Chief Executive Officer, Executive Search, Construction, General Management, Strategy

Settings

2004

Available Languages

English

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This case study is part of a series

Wates Group (A): A new CEO
Wates Group (B): A new chairman
Wates Group (C): A very good year

This case study is part of a series

Wates Group (A): A new CEO
Wates Group (B): A new chairman
Wates Group (C): A very good year

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