The Importance of Having a CEO on the Bench

I think a CEO on the bench is the closest. Or an executive who maybe you didn't back but has a skill set in an industry you're interested in pursuing and you have him hang around the office until you find something for him. On the margin he opines or gets involved here and there on the portfolio. Yeah, although they typically have, they've come from some specific industry,. They know more about that than the other ones you're looking at. If it's a stack of no offense old guys. And by old I mean really old guys with high level CEO experience - just opiners and outside board members to drive the CEO nuts.