Interim CEO Contract and Compensation: Advice for Executives Considering Transitional C-level Roles

One week ago , on Wednesday March 27, 2024, the executive career advancement website IvyExec published an article I wrote,  “Interim CEO Contract and Compensation: Advice for Executives Considering Transitional C-level Roles”.   

This article was designed for CEOs and other senior executives, who have been offered, are seeking or are now considering taking Interim CEO or transitional C-level positions.

The Interim CEO or other C-level transitional role may be one of the following:

• company insider from the Board or current executive suite or a current consultant to the Company, as Interim CEO or C-level transitional officer, chosen in part for familiarity with the company and essentially to  be a placeholder until the new CEO can take up his or her duties
• executive outside the company recruited to fill that role, someone with a name in the field to maintain the position of the company in the eyes of analysts and investors until the search for a new CEO is completed and the replacement installed
• an executive hired or recruited not just as a placeholder but as a true Turnaround CEO or C-level officer,  who is being brought in to “right the ship” when a company is in turmoil, unprofitable or otherwise not performing to the desired level.

This article discusses the different roles each would play as Interim CEO or Turnaround CEO and the different terms each should seek in employment, compensation, severance,  equity, disclosure and indemnification from the company that needs their services.

To see my full article, go to LINK:   https://ivyexec.com/career-advice/2024/interim-ceo-contract-and-compensation-advice-for-executives-considering-transitional-c-level-roles

or my website, go to LINK:  https://www.executiveemploymentattorney.com/interim-ceo-contract-and-compensation-advice-for-executives-considering-transitional-c-level-roles/

IvyExec hosts articles and webinars from experts in the career, leadership, and business spaces who wish to share their knowledge with our audience. In April 2021, I was invited to write for IvyExec since it seeks original content on the topics of career development, leadership, and business strategy as it applies to senior-level and C-Suite professionals. IvyExec blog posts and webinars are shared with its community of more than 2 million members on its website, in its newsletter, and on its social media channels. https://www.ivyexec.com/career-advice/write-for-us/
IvyExec claims a “Community of 2.5M+ Leaders”.  See also – https://www.ivyexec.com/

It is my hope this article will be helpful to CEOs, C-level and  senior executives who are seeking or considering taking an interim, turnaround or other transitional position with your current company or a new company.  If you or any colleague of yours has a need in this area, please do reach out to me at rob@attorneyadelson.com or call me @ 617-875-8665.

4 Reasons to Seek Executive Employment Advice Even Before You Receive a CEO Job Offer

 Two weeks ago, on Wednesday February 21, 2024, CEOWorld magazine published an article I wrote titled, “4 Reasons to Seek Executive Employment Advice Even Before You Receive a CEO Job Offer.”

The new article is designed for CEOs and C-level executives, or those not there yet but aspiring and, as an aspirant, seeking your first CEO position or your first position in the C-suite.

So, if you are in that position, have you ever considered bringing in the expert to assist you even before you have that job offer?  

This new article discusses four reasons why it may be advisable to engage the services of the expert, the executive employment attorney, earlier – that is, even before you get that job offer.  Reasons include the following areas where pre-job offer counseling may provide important benefits to you:

• Enhancing Your Attraction as a Job Candidate
• Guarding Against Missteps and Preserving Negotiation Leverage
• Providing an Independent Sounding Board
• Ending the Job Negotiations When the Fit Is Not Right

To see my full CEOWORLD magazine. article, go to LINK: https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/

Or on my website at  https://www.executiveemploymentattorney.com/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/

This was my 44th  article published in CEOWORLD since 2016.  Previously, the editor advised that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website and add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  

On its own initiative, CEOWORLD magazine created on their website a library of Robert Adelson published articles.   You can peruse this library and/or read as many of my 44 published articles as you wish.  See https://ceoworld.biz/author/robert-adelson/

With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide. https://www.linkedin.com/company/ceomagazine/

Tweeting or X-ing My new CEOWorld article on “4 Reasons to Seek Executive Employment Advice Even Before You Receive a CEO Job Offer”

If you tweet or X and would like to tweet or X my article, here are my five (5) tweets to retweet one or more or to use in your own tweet or x –

2/21/24 article @ceoworld by @attorneyadelson for #CEOs #CLevel and #Seniorexecutives and #Aspirants to top of the #corporateladder on “4 Reasons to Seek #ExecutiveEmploymentAdvice Even BEFORE You Receive a CEO or #Clevel #JobOffer “https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/ via @CEOWORLD magazine

2/21/24 article @ceoworld by @attorneyadelson for #CEOs #CLevel & #Seniorexecutives & #ClevelAspirants on Seeking #ExecutiveEmploymentAdvice Early to Enhance Your Attraction as #JobCandidate https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/ via @CEOWORLD magazine

2/21/24 article @ceoworld by @attorneyadelson for #CEOs #CLevel & #Seniorexecutives and #ClevelJobAspirants to seek #ExecutiveEmploymentAdvice even BEFORE You get your #JobOffer to #AvoidMissteps & Preserve Your #BargainingLeverage https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/ via @CEOWORLD magazine

2/21/24 article @ceoworld by @attorneyadelson for #CEOs #CLevel & #Seniorexecutives and #ClevelJobAspirants to seek #ExecutiveEmploymentAdvice even BEFORE #JobOffer to Give You an Independent #SoundingBoard in your early discussions https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/ via @CEOWORLD magazine

2/21/24 article @ceoworld by @attorneyadelson for #CEOs #CLevel & #Seniorexecutives and #ClevelJobAspirants to seek #ExecutiveEmploymentAdvice even BEFORE #JobOffer to advise u on whether and how to end Job talks if Fit Not Right 4u https://ceoworld.biz/2024/02/21/4-reasons-to-seek-executive-employment-advice-even-before-you-receive-a-ceo-job-offer/ via @CEOWORLD magazine

It is my hope that this article will be of benefit to CEOs, C-level and senior executives and those who aspire to the top levels of the corporate ladder, by pointing to some of the important advantages that can be offered by your obtaining executive employment counseling, even before you receive that job offer you are hoping for.  If you or any colleague of yours has a need in this area, please do reach out to me –  rob@attorneyadelson.com or call 617-875-8665.

Can Executives Get Severance Pay When They Resign?

Three weeks ago, on Friday January 19, 2024, the executive career advancement website IvyExec published an article I wrote,  “Can Executives Get Severance Pay When They Resign?”.   

This article was designed for C-level and senior executives who have achieved a level of success and who for reasons beyond their control want to quit their current position and ought to be able to get appropriate executive severance compensation in connection with their separation.

My article takes up each of these important topics:

• Circumstances when you want to quit
• Issues governing severance when you quit your position
• Key contract terms:  Termination for Good Reason in your Executive Job Offer
• Circumstances of Constructive Discharge
• Severance rights and compensation to seek for in Constructive Discharge
• Getting what you deserve if you terminate your position

To see my full article, go to LINK:   https://ivyexec.com/career-advice/2024/can-executives-get-severance-pay-when-they-resign

or my website, go to LINK:   https://www.executiveemploymentattorney.com/can-executives-get-severance-pay-when-they-resign/

IvyExec hosts articles and webinars from experts in the career, leadership, and business spaces who wish to share their knowledge with our audience. In April 2021, I was invited to write for IvyExec since it seeks original content on the topics of career development, leadership, and business strategy as it applies to senior-level and C-Suite professionals. IvyExec blog posts and webinars are shared with its community of more than 2 million members on its website, in its newsletter, and on its social media channels. https://www.ivyexec.com/career-advice/write-for-us/
IvyExec claims a “Community of 2.5M+ Leaders”.  See also – https://www.ivyexec.com/

It is my hope this article will be helpful to senior executives who are considering quitting their current position or feel they are now being forced out, and deserve severance and the change to start anew while keeping their careers on the upward trajectory.  If you or any colleague of yours has a need in this area, please do reach out to me at rob@attorneyadelson.com or call me @ 617-875-8665.

Starting an Executive Consulting Business During Your Transition

 Three weeks ago, on Thursday December 21, 2023, the executive career advancement website IvyExec published an article I wrote on “Starting an Executive Consulting Business during your Transition”.   

This article was designed for senior executives who have achieved a level of success and now find themselves in transition, that is, between executive positions, and might want to consider doing some consulting before accepting the next full-time job offer.

My article discusses the advantages that providing executive consulting services can offer to senior executives between positions, including the following:

• Adding to your knowledge, experience and skill set,
• Aiding and encouraging you to stay current in your field,
• Expanding deal flow for new CEO and senior executive positions and business opportunities,
• Lengthening your financial runway with money coming in so you don’t have to take the first position offered,
• Enhancing your bargaining position when you find a position you like.

The second part of my article offers three suggested steps to begin and develop a consultancy if you do want to give it a try.  The first of those steps discusses how low cost it is to begin consulting, and suggests formation of a protective and also efficient business entity for this purpose.

The article concludes with advice that retaining your consulting business can continue side by side with a new fulltime position once your transition is completed.   The suggestion I make to you is that if you do develop a consultancy you may want to keep it around to retain the business you created and to potentially return to it for future transitions and as a potential source for new opportunities you might consider to continue to advance your career.

To see my full article, go to LINK:   https://ivyexec.com/career-advice/2023/starting-an-executive-consulting-business-during-your-transition

or my website, go to LINK:   https://www.executiveemploymentattorney.com/starting-an-executive-consulting-business-during-your-transition/

IvyExec hosts articles and webinars from experts in the career, leadership, and business spaces who wish to share their knowledge with our audience. In April 2021, I was invited to write for IvyExec since it seeks original content on the topics of career development, leadership, and business strategy as it applies to senior-level and C-Suite professionals. IvyExec blog posts and webinars are shared with its community of more than 2 million members on its website, in its newsletter, and on its social media channels. https://www.ivyexec.com/career-advice/write-for-us/
IvyExec claims a “Community of 2.5M+ Leaders”.

See also – https://www.ivyexec.com/

It is my hope that this article will be helpful to senior executives who are in between full-time permanent positions and might want to giving consulting a try during that interim period.  If you or any colleague of yours has a need in this area, please do reach out to me, your executive employment lawyer, at 617-875-8665 or  rob@attorneyadelson.com.