Managing The Future

Managing The Future

De-risking CEO succession in private equity

Read this before you call Spencer Stuart

Joel Trammell's avatar
Joel Trammell
Nov 05, 2025
∙ Paid

This article looks at PE firms’ heavy reliance on CEO recruiters and offers a playbook for internal CEO development instead.

If you want support implementing this approach for a fraction of what you’d pay a headhunter, our CEO Operating System (CEO-S) can help. It’s like EOS for grown-up companies.

Schedule a call with me to discuss your portfolio’s CEO succession strategy, or grab a copy of our book to see how the system works.

If you work in private equity, you know that almost all portfolio companies need a new CEO during the hold period.

Research puts that number at 73%, with half that turnover being completely unexpected.

This puts PE folks in a position where they do a LOT of CEO recruiting.

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