Fractional CEO: FAQ.
Direct answers. No filler.
Topic: fractional CEO FAQ
What is a fractional CEO?
A fractional CEO is a chief executive who works part-time and on an ongoing basis inside a company, typically 1 to 3 days a week for 6 to 18 months, with real decision authority over strategy, hiring and P&L.
How much does a fractional CEO cost?
Typical monthly retainer in Europe is EUR 6,000 to 15,000 for 1 to 3 days a week. Day rate alternative is EUR 1,800 to 2,800 per day. Drivers: scope, days, stage.
How many days per week is a fractional CEO available?
1 to 3 days per week. More than 3 stops being fractional. Days are scheduled and published, not on-call.
How long does a fractional CEO engagement last?
6 to 18 months. Exit criteria are written on day one. The role ends when those criteria are met or a full-time successor is hired.
Fractional CEO vs interim CEO: which one do I need?
Fractional if the company needs ongoing executive leadership but not full-time. Interim if the CEO seat is empty or the situation is acute. See interimceo.it for full-time interim.
When should I hire a fractional CEO?
When the founder is the bottleneck, revenue is stuck at a ceiling, a PE portco is between full-time CEOs, a first-time CEO needs a co-pilot, or the company is in early decline before a full turnaround.