I just got off the phone with one of our RED Team interim executives, a seasoned operator currently parachuted into a portfolio company owned by a rookie private equity fund. He was brought in to mentor the heir apparent to take over the CEO seat.
Instead, he’s now cleaning up messes no one knew existed.
Very quickly after arriving, our interim executive realized the heir apparent wasn’t just struggling; he was fundamentally incompetent. Then the signs got darker: showing up smelling of alcohol. And then, the final line crossed; groping a young female colleague at a trade show.
Our interim executive had to interview the young woman, then fire the heir apparent.








