Stepping Back, Not Stepping Down

Posted by Melissa Sprinkle on Sep 8, 2020 9:58:47 AM

A couple of years ago, Dave Carson decided to transition out of his leadership role at Chem Group, a specialty chemical processing company he had built from the ground up. It was time to reap the rewards of his hard work and get a bit more balance in his life. But he definitely wasn't ready to retire. Like most successful entrepreneurs, Dave couldn't imagine going from 100 miles an hour to zero and he definitely wasn't ready to relinquish control of his “baby” – the company he had lovingly grown from a small startup into a multimillion-dollar enterprise.

Read More

Topics: Private Equity, Succession Planning