Monday 26 January 2009

No non-exec tap-up for Tappin

More on jumped-up headhunter Steve Tappin, who you'll recall has just engineered his first executive switch of the year by leaving his own job as managing partner of Heidrick & Struggles's CEO and Board practice.
So what should we expect from Steve next, I wonder?
In his book, Secrets of CEOs (which was mainly penned by veteran City hack, Andrew Cave) Tappin opines: "Retiring as a CEO need no longer signal the end of your career ... In the past decade, most CEOs have tended to move into a plural career of non-executive positions as a way of continuing in business and sharing the benefit of their experience and wisdom. However, off the record many ex-CEOs, while enjoying having more free time, find non-executive roles unrewarding from a business point of view (not least because most consider non-executive boards to be too heavily focused on corporate governance and not suffiently value adding or commercial)".
We can rule out any new non-exec roles for Tappin, then.

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