What It Takes to Be an Awesome Interim CEO

Being hired as an interim CEO can be breathtaking, heart-stopping, and financially and intellectually rewarding—oftentimes all at once. Interim engagements are usually not planned by the board, although any fully functioning board should be prepared at a moment’s notice to name a successor either on an interim or permanent basis. Whatever the reason for a CEO’s departure, boards can use the following guidelines to determine and onboard an interim leader...

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Lisa McGill, NACD.DC, is a limited partner with SemperVirens and an advisory board member for several unicorns. She holds a master of business administration degree from Pepperdine Graziadio Business School and certifications from the Kellogg School of Management at Northwestern University, the Society for Human Resource Management, and the Institute of Organization Development.