))
SPAC Sponsor vs CEO Who’s in Charge?
Manage episode 490839221 series 3666233
Content provided by Joshua Wilson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joshua Wilson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Who’s really in charge — the sponsor or the CEO?
Before the merger, the sponsor runs the show: raising capital, finding the target, and structuring the deal.
But once the merger is complete?
The CEO of the acquired company takes over.
The sponsor might stay involved — maybe on the board or as an advisor —
but from that point forward, the CEO drives operations, growth, and strategy.
It’s a relay — not a tug of war.
Talking Points:
- Sponsors control the SPAC entity and capital before merger.
- The CEO of the target company takes operational leadership post-merger.
- Sponsors may help select or vet the CEO during the deal process.
- Clear roles are critical to avoid confusion or power struggles.
- Many sponsors step aside post-transaction, though some stay on as board members.
15 episodes
Share
