PE-BACKED CEO SUMMIT

AGENDA

DAVID RUBENSTEIN

Co-Founder and Co-Executive Chairman,
The Carlyle Group

11:00 - 11:45 PM ET

LEADING PE IN A COVID WORLD

All CEOs face a multitude of challenges operating through the Covid pandemic, but PE-backed CEOs have additional challenges—and opportunities. Despite shorter time frames and higher debt leverage ratios than most CEOs, PE-backed CEOs often have other tools available to go on the offense. In this session, we’ll explore how a leading PE partner is advising his portfolio company CEOs to navigate, lead and position their companies over the next few years.

DOUG MELLINGER

Managing Director,
Clarion Capital Partners, LLC

11:45 - 12:15 PM ET

WHAT I WISH SOMEONE TOLD ME: LESSONS FROM A PE-BACKED CEO

The PE-backed CEO faces unique pressures that are infrequently—if ever—discussed.  More than anyone, the CEO must balance the long-term interests of the company and the objectives of its PE sponsors. More often than not you, as CEO, stay with the business after the investors have exited. In addition, the need for speed is paramount, both on execution of value-creation initiatives and improved financial results. These dynamics create unique alignment challenges. This session will discuss the unique issues facing portfolio company leaders and discuss best practices in maximizing your chances of success in navigating these challenges.

12:15 - 12:45 PM ET

THE CURRENT ENVIRONMENT FOR IPOS AND OTHER EXIT OPTIONS FOR THE PE-BACKED COMPANY

12:45 - 1:00 PM ET

BREAK

TED BILILIES

Managing Director,
Chief Talent Officer,
Alix Partners

1:00 - 1:25 PM ET

SOLVING PE'S PEOPLE PROBLEM

Culture may eat strategy for breakfast, but how do you create and nurture a healthy corporate culture when everyone knows your ownership timeline is short? Employees in general have a skeptical streak, and employees of PE-backed companies maybe even more so. This session features a frank discussion on talent lessons learned and best practices operating in PE-backed environments.

FRED HENKE

Senior Vice President,
The Segal Group

1:25 - 1:55 PM ET

BUILDING A WINNING ACQUISITION PLAYBOOK

WAYNE COOPER

Chairman,
Chief Executive Group;
CEO,
Chief Executive Network

1:55 - 2:15 PM ET

CEO & SENIOR EXECUTIVE COMPENSATION AND REWARDS UNDER PE OWNERSHIP

Working as a portfolio company CEO has its own risks: research shows that 58% of CEOs in PE-backed companies are replaced within two years and 72% over a single PE firm’s ownership period.  Given the increased risk, the rewards are also greater: New research, not unexpectedly, shows that PE-backed CEOs earn significantly more in base salary (158% more in some cases); what is unexpected is the mix of bonus and equity gains compared to other ownership forms.

Presented by the head of research of the annual CEO and Senior Executive Compensation Report for Private Companies (now in its 7th year), this session explores trends and benchmarks for PE-backed companies. The data set features exclusive data from 1,600 companies and covers incentive compensation plans, equity awards, vesting strategies and triggers, cost/benefits of various compensation levers, retention practices, benefits packages and perquisite packages.

1:25 - 1:55 PM ET

INTERACTIVE ROUNDTABLE DISCUSSIONS

Attendees will divide into small groups for interactive discussions on relevant issues, such as: 

  • Managing the CEO: PE Firm Partner Relationship
  • Managing Short- vs Long- (or even Medium-) Term Tradeoffs
  • Positioning for Exit
  • Key Value Creation Levers
  • Covid-Era M&A Multiples and Unique Deal Terms