The President is the senior operating leader of the Company and is responsible for the overall financial performance, strategic direction, people, operations, customers, culture, and long-term development of the business.
The President is accountable for achieving the Company’s financial and strategic objectives while continuously strengthening the organization, leadership team, systems, processes, and capacity for profitable growth.
The President is expected to operate with an owner’s mindset, accept fiduciary responsibility for the Company as an asset of the private equity firm, and ensure the business is operated in accordance with Company policies, applicable laws, and established governance requirements.
Essential Duties and Responsibilities
Strategy & Leadership
- Own the Company’s overall financial performance, including revenue, gross profit, EBITDA, cash flow, working capital, and return on invested capital.
- Work with private equity leadership to establish the Company’s long-term vision, annual priorities, financial objectives, and budget.
- Lead execution of the Company’s strategy across growth, sales, operations, people, and overall performance by establishing clear priorities, accountability, and ensuring annual strategic objectives are achieved.
- Lead, develop, and hold accountable the Company’s management team and direct reports; ensure the right people are in the right roles and proactively address performance gaps, capability needs, and succession planning.
- Establish clear roles, goals, and performance expectations and ensure effective recruitment, onboarding, performance management, coaching, development, compensation, employee engagement, and disciplinary or termination processes.
- Review financial statements, KPIs, and operating results and ensure appropriate financial controls, job costing, WIP management, billing, collections, and reporting are accurate, timely, and effectively managed.
- Oversee sales, marketing, and business development performance, including customer retention and concentration, pipeline, bookings, margins, and new customer development.
- Continuously improve workflows, systems, productivity, technology, and organizational capacity while addressing bottlenecks, recurring issues, margin leakage, rework, claims, and other barriers to scalable growth.
- Review Company performance regularly, identify material issues, opportunities, and risks, and ensure appropriate corrective action or escalation to PE group where required.
- Provide monthly reporting to PE leadership on financial performance, operations, KPIs, strategic priorities, organizational matters, and major risks.
- Serve as the senior Company representative with employees, customers, vendors, financial institutions, and other stakeholders.
- Ensure the Company maintains a safe workplace and complies with applicable health and safety requirements, including appropriate training, policies, incident investigation, documentation, and escalation of material safety matters to PE.
- Ensure the Company complies with applicable laws, regulations, and Company policies; maintains appropriate controls to protect Company assets and stakeholders; and promptly identifies, manages, and escalates material legal, contractual, financial, or operational risks to PE
Matters Requiring PE Review or Approval
The President must obtain approval from PE leadership as applicable, before:
- Making material changes to Company strategy, business plans, or approved annual budgets.
- Making material changes to compensation structures, bonuses, commissions, employee loans, or other significant employee benefits or arrangements outside approved policies.
- Hiring family members or other individuals where a potential conflict of interest exists.
- Entering into contractual commitments exceeding established dollar or duration thresholds.
- Approving capital expenditures or lease commitments exceeding established authorization limits.
- Entering into material project commitments exceeding established revenue or dollar thresholds.
- Hiring or terminating specified senior employees or direct reports where approval is required.
- Terminating long-tenured employees or employees where heightened legal or financial risk may exist.
- Making material changes to organizational structure.
- Entering new business lines, material investments, acquisitions, or other commitments outside the ordinary course of business.
- Approving any arrangement that would materially indebt an employee to the Company.
Performance Expectations
The President’s performance will be evaluated based on both financial results and the continued strengthening of the underlying business, including:
- Revenue, gross profit, EBITDA, cash flow, and performance against budget.
- Sales, bookings, backlog, pipeline, customer development, and gross margin performance.
- Operational efficiency, job profitability, productivity, quality, and safety.
- Working capital, billing discipline, DSO, and financial reporting quality.
- Achievement of strategic priorities and resolution of material business issues.
- Strength and development of the leadership team.
- Employee performance, retention, succession planning, and organizational depth.
- Improvement of systems, processes, technology, and organizational capacity.
- Reduction of recurring issues, key-person dependencies, and operational risk.
- Strength of Company culture, customer relationships, and stakeholder confidence.
The President is expected not only to deliver annual financial results, but to build a stronger, more capable, scalable, and sustainable Company over time.
Other Responsibilities
- Participate in training and development as required by PE.
- Participate in due diligence and integration activities relating to potential or completed acquisitions, as requested.
- Travel as necessary to fulfill the responsibilities of the role.