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» Stupid question: How does an existing company hire a new CEO?
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post 1682426473 05-10-2023, 09:55 AM
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Stupid question: How does an existing company hire a new CEO?

It's something I never thought about until our current CEO retired. The position was open since late January and while at work today I received and email welcoming our new CEO.

I mean, I get it if you own your own company and YOU are the CEO, but what about a well established organization? I never see "CEO" positions advertised on LinkedIn or Indeed and he wasn't hired from within the company, so I'm kinda stumped on this, lol.
post 1682426543 05-10-2023, 09:57 AM
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friends of the board of directors or exec head hunters
post 1682426563 05-10-2023, 09:57 AM
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the board of directors votes them in

srs
Cobra Kai Crew

srs
post 1682426653 05-10-2023, 09:58 AM
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Depends on the size of the company but there are firms that look for qualified people to fill positions like CEO. Poaching is quite common as well
post 1682426763 05-10-2023, 10:00 AM
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at Synagogue
post 1682426833 05-10-2023, 10:01 AM
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The executives travel to India to host interviews at the business schools
post 1682426853 05-10-2023, 10:02 AM
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Specialised high-end exec hunters search for these people and try to sell them the job.
Always Pick 4
post 1682426913 05-10-2023, 10:03 AM
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They marry into it
post 1682426953 05-10-2023, 10:03 AM
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Either promote from within, or use a corporate search firm.
post 1682427043 05-10-2023, 10:04 AM
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#10
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Originally Posted By BrianDaMan
at Synagogue
From my experience, Jews either groom their own kids or hire non-Jews who are trusted but can be controlled 100%.

From my experience, they don't usually hire other Jews for their own private companies. but if they are high up in public companies or companies no longer controlled by the founder, they will hire their friends.
post 1682427243 05-10-2023, 10:08 AM
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Originally Posted By wrassler45
Depends on the size of the company but there are firms that look for qualified people to fill positions like CEO. Poaching is quite common as well
Yeah there are firms that make money on that alone. Sometimes a company will bring in a CEO to make a drastic change, like an outsourcing specialist. This happened at my last place before they outsourced a couple hundred jobs to India. There were rumors, so i checked the new CEO’s linked in and he was basically hopping around at companies for just a year or two. Would get hired on, outsource a couple departments, then move on to the next victim. And eveybody wants to hire him because every place he goes he “saves x million dollars annually” at every firm, and then leaves before the place goes to crap and loses customers and remaining employee morale. But he gets credit for the “good stuff”
2 time survivor of The Great Misc Outages of 2022

Survivor of PHP/API Outage of Feb 2023
post 1682427783 05-10-2023, 10:17 AM
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#12
  1. Maestro
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Originally Posted By wrassler45
Depends on the size of the company but there are firms that look for qualified people to fill positions like CEO. Poaching is quite common as well
We're a pretty small organization so we're not publically traded yet. Only about 1500 employees between 8 sites around the world. Our HQ is in Germany but the new CEO is very VERY French. He attached a video statement to the email and his English is broken, but he's fluent in German.

I low key wanted to apply for the role for chits and giggles but could never find out how.
post 1682427843 05-10-2023, 10:19 AM
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Usually they pick a group of prospective candidates internally and externally, line everyone up, and figure out who has the firmest handshake
post 1682428273 05-10-2023, 10:25 AM
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#14
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Mr. Maestro, what you've just said is one of the most insanely idiotic things I've ever heard. At no point in your rambling, incoherent response was there anything that could even be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul!
post 1682428693 05-10-2023, 10:29 AM
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#15
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Originally Posted By Dogkrack
friends of the board of directors or exec head hunters
This. Although was surprised to not see the below quote from you. You better get another cup of coffee, Dogcrack, need to get on your A-game to honeypot some miscers!
Originally Posted By BrianDaMan
at Synagogue
mo e
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