Hi all - quick question, how do private equity firms go about swapping out important C-suite roles after buying a company? Presumably they need someone with knowledge of the business in place to launch the financing.
also if you do let someone go, how do you ensure there is no degradation in performance before bringing on a new executive?
Thanks!!
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Either ask someone you know or use an executive recruiter to find someone. Then cross your fingers and pray!
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