5 Mistakes Made When Using Director Recruiters
For this Vid-Guide, we’re going to assume that your director search includes the use of an outside recruiter. Larger companies are more likely to use this type of resource – smaller companies are less likely to do so.
That’s because replacing – or adding – a director often still comes down to networking – someone on the board knows of a candidate who might fit the bill. The CEO wants someone to be considered.
But if your needs are quite specific – particularly if they involve a desired skill set that is either rare or in high demand – you might look for professional help.
Here are five things about director recruiters you should know:
- Selected in a similar way to other advisors
- Industry experience not necessary
- Check if your timeline works
- Consider the relationship to be long-term
- Don’t have to nominate someone that a recruiter has identified
For many more Vid-Guides dealing with corporate & securities law, corporate governance, E&S issues and more – particularly if you want to review any Vid-Guides referred to during this Vid-Guide – see the list of Vid-Guides spread throughout these categories:
- Corporate Governance
- Proxy Season
- Executive Pay
- ’34 Act/Other
- ’33 Act/Deals
- Sustainability/E&S
- Career Advice
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