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.

Chief Executive Officer, Executive Search, Construction
Field Research
© 2009
Available Languages
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