This annual Scale-up Survey 2023 compiled by The Naked Headhunter and involving 175 scale-up companies across Europe and the USA shows that 4 out of 6 ExCo leaders will not make the grade or they will leave their company within the next three years.

Typically, a leadership team will, at different stages, have a CEO, CFO, CTO, CRO, CPO, CMO and possibly a CIO. This will vary depending on the industry or the business’ stage of growth, but essentially this is your core team.

We focused our research on companies with annual turnover between 15-50 million USD with an average full-time headcount of 55. All of them were owner- or founder-led. The average growth rate over the three year period was 17% year-on-year.