Remove 2007 Remove Culture Remove Recruitment Remove Turnaround
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The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies

Harvard Business

But CEOs at the best-run PE-owned firms we’ve worked with emphasize both recruiting and talent development. A private equity group led by TPG bought the company in 2007; at the time SCA had suffered more than four straight quarters of declining profits. He quickly recognized that he had to institute a new strategy and culture.

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