PE and portfolio company managements misaligned, says AlixPartners survey

Ted Bililies, global leader of the Organisation & Transformative Leadership practice at AlixPartners says, “This year’s survey shows that private equity needs to take further action to avoid costly C-suite turnover at their portfolio companies. They need to undertake more robust CEO assessment during due diligence, move succession planning to the top of their priority list, and set clear expectations upfront with CEOs regarding goals, performance metrics, and communications”.