Fractional Chief Executive Officer (CEO)

Get battle-tested leadership when you need it most. Bring in a CEO who's scaled companies before and knows how to navigate the chaos.
Start Hiring Now

Your company needs a CEO. You need to stay founder.

You're drowning in board meetings, investor relations, and strategic planning while your product and team need your attention. Or maybe you're a non-technical founder who needs someone to run operations while you focus on vision and fundraising.

Perhaps you're facing a crisis—lost a co-founder, need interim leadership during transition, or preparing for acquisition and need experienced guidance through the process.

Enter fractional CEOs: proven leaders who've built and scaled companies, navigated complex transitions, and can step in as your strategic partner or interim leader exactly when you need them.

What a Fractional CEO Actually Does

Our fractional CEOs aren't consultants giving advice from the sidelines. They're operational leaders who:

  • Lead board meetings and investor relations while you focus on product and growth
  • Navigate complex business transitions like co-founder departures or leadership changes
  • Manage strategic initiatives during mergers, acquisitions, or major pivots
  • Build executive teams and implement leadership structures that scale
  • Handle crisis management when things go sideways and you need steady leadership
  • Mentor founder CEOs who are growing into the role but need guidance
  • Lead international and market expansion strategies
  • Prepare companies for IPO or major funding rounds requiring experienced leadership
  • Bridge founder vision with operational execution in rapidly scaling companies
  • Manage stakeholder relationships with investors, board members, and strategic partners

When You Actually Need a Fractional CEO

You're ready if:

  • You're a technical founder who needs someone to run business operations
  • You're preparing for major transitions (fundraising, acquisition, IPO)
  • You've lost a co-founder and need interim leadership while you regroup
  • Board or investors are pushing for "professional management"
  • You're facing a business crisis that requires experienced leadership
  • You want to focus on product/vision while someone handles day-to-day operations

You're not ready if:

  • You're pre-product-market fit and need to be close to customers
  • Your company is under 20 people and doesn't need complex leadership structures
  • You're not willing to share decision-making authority
  • Your challenges are technical or product-focused rather than leadership/operational

What This Actually Costs

  • Typical Engagement: 2-4 days per week, $2,000-$3,000/day depending on experience
  • Sweet Spot: $12K-30K monthly vs. $40K+ for a full-time CEO
  • ROI Timeline: Strategic impact typically visible within 30-60 days
  • vs FTE: A full-time CEO costs $400K-800K+ plus significant equity. Most situations requiring fractional CEO support see immediate value from experienced leadership.

Real Problems Fractional CEOs Solve

  • "Our board wants 'adult supervision' but I'm not ready to step down" A fractional CEO partners with you, handling board relations and investor management while you maintain founder authority over product and vision.
  • "We're going through acquisition talks and I'm in over my head" They navigate complex M&A processes, manage due diligence, and negotiate terms while you keep the business running.
  • "My co-founder left and I need someone to run operations immediately" They step in as interim operational leader, stabilise the business, and help you rebuild leadership structure.
  • "We're preparing for Series B and investors want to see 'scalable leadership'" They implement professional management structures, board reporting, and strategic planning that satisfies institutional investors.

Common Engagement Scenarios

  • The Interim Leadership Crisis (3-12 months): Sudden leadership departure or crisis requiring immediate executive presence. They stabilise operations and manage through transition.
  • The Scaling Partnership (6-18 months): Technical founder needs business leadership partner. They handle operations, board relations, and strategic execution while founder focuses on product.
  • The Transaction Navigator (6-12 months): Company is going through acquisition, merger, or major funding round. They manage the complex process while you keep building.
  • The Professional Management Bridge (12-24 months): Board wants professional CEO but you're not ready to step down. They serve as executive partner, building systems and proving readiness for transition.

Why Shepherd CEOs Drive Results

  • They've been in the CEO chair before: Our fractional CEOs have run companies through growth, crisis, and transitions—they're not just senior executives learning on your dime.
  • They're partnership-focused: They work with founders, not against them, understanding the unique dynamics of founder-led companies.
  • They're transition specialists: Many specialise in interim leadership, M&A, fundraising, and other complex business transitions.
  • They bring instant credibility: Their experience and track record immediately elevate your company's credibility with investors, board members, and strategic partners.

Typical Engagement Timeline

Most engagements run 6-24 months, depending on the transition or challenge being addressed. A typical engagement looks like this: 

  • Month 1: Leadership assessment and immediate stabilisation
  • Month 2-3: Strategic planning and system implementation
  • Month 3-6: Execution of major initiatives and team building
  • Month 6+: Strategic leadership and preparation for next phase

Why Shepherd?

We speak startup

Shepherd's curated network of 450+ fractional leaders aren't your typical leaders, they thrive in the scrappy nature of startups. They're resourceful. They own outcomes and dive deep into the nitty-gritty alongside you.

Swipe their playbook

Imagine having access to the playbooks used to drive the go-to-market success of some of the leading tech companies. No more second-guessing whether you're doing it right. Leverage their experience to scale growth.

Bang for your buck

Tap into a diverse experience and skillset tailored to your evolving business needs—all at a fraction of the cost of a full-time hire. You get 100% brainpower without breaking your bank.

Super flexible terms

No long-term contract and fancy offices required. Start with a day or two a week, for as long as you need. Scale up or down your team as you grow, or even assemble an A-team for special projects.

Rapid deployment

You've already got enough on your plate —don't waste time sourcing and interviewing candidates. Get matched with experienced fractional operators in days, not months.

Frequently Asked Questions.

Still have questions?

Get in touch and we’ll respond ASAP.
Book a consult

Won't this create confusion about who's really in charge?

Great fractional CEOs work as partners with clear role definition. Many serve specific functions (board relations, operations) while founders retain final authority.

Can they help with fundraising and investor relations?

Absolutely. Many specialise in fundraising and have extensive investor networks and experience with complex funding rounds.

What about board management?

This is often their primary value—they can manage board relations, prepare materials, and handle investor communications that overwhelm many founders.

How do they work with existing leadership teams?

They typically integrate as senior leadership, working with and developing existing team members rather than replacing them.

Can they help during acquisition processes?

Many specialise in M&A and can manage the entire process from initial discussions through due diligence to closing.

What if we need them to become full-time?

Some fractional CEOs are open to full-time transitions, while others prefer to remain fractional. This is discussed upfront.

How do they handle confidential strategic information?

All fractional CEOs sign comprehensive NDAs and confidentiality agreements. Most work with non-competing companies.

What's the catch?

No catch. Just experienced CEOs who prefer the variety and impact of helping multiple companies through critical transitions and growth phases.

Ready to drive velocity?

Great — let's get to work.
Start hiring now