Working for a private equity-backed business isn’t for everybody. According to Bob Ryan, a partner at Shields Meneley Partners, only 1 in 5 professionals he works with in his firm’s executive transition program is a fit for a leadership role at a PE portfolio company.
In this episode of the podcast, Ryan and Keith Goudy, managing partner at Vantage Leadership Consulting, discuss what it takes to thrive at a PE-owned company, how compensation is changing, and the strategies companies are using to attract talented leaders and employees alike.
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“This is one place where it’s good to have a little gray hair. [Private equity owners] are not looking for someone that’s going to work for them for 30 years and then retire. They’re looking for someone that has expertise, that can start right away.”
Partner, Shields Meneley Partners