PT - JOURNAL ARTICLE AU - Bob Damon TI - Three Rookie Mistakes Experienced CEOs Make in Managing a Private Equity–Backed Company AID - 10.3905/jpe.2016.20.1.035 DP - 2016 Nov 30 TA - The Journal of Private Equity PG - 35--37 VI - 20 IP - 1 4099 - https://pm-research.com/content/20/1/35.short 4100 - https://pm-research.com/content/20/1/35.full AB - This article provides a top-line analysis of mistakes new CEOs, with deep Fortune 1000 company experience, make in running a private equity–backed company. The three mistakes include the following: #1—CEOs don’t understand the meaning of constant communication with the board; Mistake #2—the CEO does not have a strong bias towards action; and mistake #3—the CEO must drive results before infrastructure.TOPICS: Private equity, manager selection, equity portfolio management