What is an Interim CEO?
An interim CEO is also known as a temporary CEO or part-time CEO. They are the person chosen by a company’s owner or board of directors to take over after a CEO departs.
Their primary objective is to keep the company on target to hit its business objectives. The company decision-makers use this time to search for a permanent replacement.
Sometimes an Interim CEO comes from within a company. While this comes with some benefits, many companies prefer to bring in an outsider with no ties to the old regime.
Hiring an Interim CEO who has been successful running their own companies brings an outside perspective that can truly revolutionize how your company operates.