CEO Succession & Transition

An ESOP CEO transition marks a crucial period in the life of any ESOP

CEO transitions are crucial in any business, but even more so in an employee-owned company.

Done poorly, these transitions can cause upheaval in the culture, create anxiety in the customer base and ultimately effect the business and the ESOP in a negative fashion.

To ensure a smooth CEO transition, it is essential for an ESOP to have a well-defined succession plan in place, and to communicate appropriately along the way with employee-owners.

KeyStone has developed a roadmap that lays out what we believe to be the ideal manner for creating a seamless transition. Of course, not all components fit for every business and/or situation, but the following provides a baseline and timeline for key activities.

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Identifying and hiring the right CEO takes careful attention through every step of the process.

The KeyStone team will work diligently in every phase to ultimately identify the executive who is not only talented, but also truly fits your company culture.
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ESOP Services

Nothing is more important in an ESOP than “who” is leading the company. This includes Senior Leadership as well as the Board of Directors. Our team at KeyStone is passionate about employee ownership and it has been our pleasure to help ESOPs grow and create more employee owners. If your ESOP is facing an executive transition, expanding your leadership team or expanding/revising your Board, please reach out, we’d love to talk.

The Right Leadership for Your Company

President / CEO Transition

A top leader who fits your ESOP

  • President/CEO Search
  • President/CEO Transition Preparation

Top Functional Leadership Search

Executives that fit your ESOP

  • CFO/VP of Finance
  • COO/VP of Operations
  • CHRO/VP of Human Resources
  • VP of Sales/Marketing
  • CIO

ESOP Board of Directors Search

Strategic advisors to advance your ESOP

  • ESOP Expertise
  • Industry Expertise
  • Functional Expertise
If your ESOP is ready to start planning for a CEO transition our experts can help.

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Mike Frommelt

Founder

Mike co-founded KeyStone Search in 2002 and has 30 years of experience in the executive search industry. He has successfully conducted hundreds of senior level assignments for companies throughout the U.S.


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Bill Frommelt

Principal

Bill has over 20 years of senior level and executive leadership experience. Since joining KeyStone, Bill has led C-level searches for ESOP companies as well as companies running on EOS™.


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What Our Clients Are Saying

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We retained KeyStone to lead the recruitment of our Integrator for EOS Worldwide. I was impressed with their proven process which incorporated the key tenets of our V/TO, as well as the characteristics of our Visionary. Their knowledge and commitment to finding us the right fit was obvious as they guided us from start to finish. With KeyStone’s help we were able to hire an outstanding Integrator.
Gino Wickman
Founder, EOS® Worldwide
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Mike and his team provided exactly what we needed in our search for a new Integrator – a deep understanding of our needs, years of real-world experience filling critical leadership team seats with talented people that fit a company’s unique culture, and a proven process. His work ethic and dedication to producing a great outcome for us and for the candidates was clear throughout, and we are delighted with the results.
Mike Paton
Former Visionary, EOS Worldwide