Hire a Fractional CEO · Fractional CEO Jobs UK

Fractional CEO Jobs

Browse fractional CEO jobs and part-week chief executive roles below, with day rate and working pattern where the advertiser states them.

Boards can hire a fractional CEO through a separate employer brief.

  • £800–£1,500 a day · FD Capital 2026
  • 1–3 days a week
  • 3–5 candidates per shortlist
  • 5 vetting stages
Delegate with clarityChoose the question to explore

Part 01 / 04

Purpose

Name the business decision needing leadership.

In the press

  • Fast Company 16 leaders on when fractional C-suite hires make sense · 24 Jun 2026

    Sixteen leaders in Fast Company disagree on when a fractional C-suite hire makes sense: most back it for a defined mandate, some want full-time ownership where the role needs daily presence. Read it before deciding between a fractional and an interim CEO.

  • Financial Times The executives going ‘fractional’, not freelance (paywall)

    The FT on senior people who now lead inside several companies at once, the portfolio shape most fractional CEOs work in.

£800–1,500
Fractional CEO day rate band
FD Capital 2026
2–3 d/wk
Most common fractional CEO engagement
FD Capital 2026
3–5
Candidates on every shortlist
Our commitment
5
Vetting stages
Our commitment

15 minutes · video or phone

Book 15 minutes to talk through the brief

Tell us the scope and the days a week. We come back with fractional CEO candidates, their day rates and availability.

  1. 0115 minutes, video or phone
  2. 02We scope the role and the days a week
  3. 03A shortlist of 3–5 after the call
  4. 04Fractional, interim and permanent briefs
Prefer email? Use the booking page →

Pick a day that suits · live availability

How fractional recruitment agencies compare is set out in one place, including how we work: a brief and a shortlist of three to five.

01/ the cross

Where a permanent hire becomes cheaper.

Move the day rate and the days a week: the rising line is a month of part-week cost, the flat line a permanent hire’s month. Where they cross, the seat should go full-time.

Fractional CEO, a monthPermanent CEO, a month

At 3 days a week a permanent hire costs less.

£0k£6k£12k£19k£25k0.511.522.5345days a week →
At 2 days a week: fractional CEO £9,959 a month · permanent £14,500 a month

Our arithmetic. Permanent a month = the salary ÷ 12 plus 15% employer NI, plus the 30% search fee spread over 12 months — the calculator’s inputs. Hover, tap or use the arrow keys for each step.

Permanent = £120,000, the bottom of the Exec Capital 2026 (UK SME) salary band. The full calculator below adds the months, the totals and the currency tabs.

Fractional CEO at 2 days a weekInterim CEO, five days a weekPermanent CEO
  • The fractional CEO at 2 days a week never passes permanent inside 24 months.
  • Interim passes permanent at month 2.
£0k£182k£364k£546k£727k06121824months →
Month 12: fractional CEO £119,508 · interim £363,720 · permanent £174,000

Our arithmetic, cumulative. Permanent = the salary’s 30% search fee in month 0, then salary ÷ 12 plus 15% employer NI each month. Interim = the midpoint of the published interim band (£1,400 a day, Exec Capital 2026) × 5 days × 4.33 weeks. Hover, tap or use the arrow keys for each month.

02/ the route

Fractional, interim or permanent?

Four taps. The answer names the route for the seat and the page that covers it.

How much of the week does the work fill?
Is there a fixed end or a programme?
Does the seat sit on the board for years?
Is the need now, or can it wait for a search?

The route · Fractional

A fractional CEO.

The work fills part of the week, so buy the days it needs.

A fractional CEO holds the seat on agreed days for as long as the seat is needed, and works for other clients on the rest.

03/ the board

What the board holds.

A read of the roles on the board above, counted as they stand: how each is engaged, whether the posting gives the days and the rate, and where the work happens.

On this board, last 90 days · 4 roles · fractional C-suite

Engagement

  • Fractional4

Seat

  • CFO3
  • COO1

Days a week

  • Stated in the posting0
  • Not stated4

Day rate

  • Verified rate0
  • Estimated (est)1
  • Rate not stated3

Work arrangement (as the job feed classifies it)

  • Remote1
  • Hybrid0
  • On-site2
  • Not classified1

Newest posting on the board: 9 Oct 2026.

Postings per week on this board, last 90 days

this week: 113 weeks agonow

4 postings on this board in the last 90 days, counted by the week each was published.

04/ definition

What is a fractional CEO?

A fractional CEO is a part-time chief executive who runs the company within a defined scope — not a caretaker, not an advisor.

Fractional CEO jobs are those roles: the seat, 1–3 days a week.

Four ideas define the model.

01 · cadence

A chief executive, 1–3 days a week.

Senior, proven CEO capability across a defined slice of the week, without a full-time salary. FD Capital puts two to three days a week as the most common fractional CEO engagement.

2–3 daysmost common · FD Capital

05/ one seat, four ways to fill it

Fractional, interim, chair, full-time — who actually runs the company.

A fractional CEO is the same seat — the strategy, the board, the team, the capital allocation — hired by the day instead of by the year.

Boards searching for a CEO for hire usually mean one of these four, and the difference that matters most is who is personally in the seat.

PART-TIME · IN THE SEAT

Fractional

One named chief executive, 1–3 days a week, ongoing, accountable for the outcome. FD Capital publishes £800–£1,500 a day.

FULL-TIME · FIXED TERM

Interim

The seat full-time for a fixed term — a departure, a turnaround, a sale. FD Capital quotes £1,200–£2,500 a day full-time. See hire an interim CEO.

GOVERNS · ADVISES

Chair or NED

Leads or sits on the board, holds the executive to account and advises. Not in the seat: the chief executive runs the company.

FIVE DAYS · OPEN-ENDED

Full-time

The permanent appointment. Exec Capital puts SME CEO base at £120,000–£250,000 and mid-market at £200,000–£400,000, before on-costs.

A mandate, not a tenure.

If the company needs its chief executive five days a week for the foreseeable future, it is a permanent hire; if it needs one for a fixed stretch, interim; if it needs one for part of the week, fractional.

This is our reading of how the terms are used in the UK market, not a published definition.

06/ scope

What the role does day to day.

They run the leadership cadence, compressed into their contracted days.

What a fractional CEO owns, and what the leadership team and advisers carry.

  • Strategy & the operating plan
  • Board meetings & the board relationship
  • Executive team management
  • Capital allocation
  • Investor relations & fundraising
  • Key hires to the leadership team
  • The value-creation plan
  • Culture & company communication
  • Functional delivery (finance, ops, sales)
  • Line management below the leadership team
  • Routine reporting production
  • Project-level execution
  • Recruitment below the leadership team
  • Company secretarial & statutory filings
Founder transitionScale-upPE portfolioTurnaroundFundraisingExit & saleBoard governanceCapital allocation

07/ rates

Day rates, UK 2026.

Published figures only, each with its source.

FD Capital publishes a single UK band for fractional and part-time CEOs and no median; Exec Capital prices two days a week slightly lower.

No source publishes regional CEO day rates, so none are shown.

Published UK day-rate bands · £ a day · the marker is the calculator’s day rate

  • Fractional£800–£1,500FD Capital 2026£1,150
  • Interim£1,000–£1,800Exec Capital 2026
  • Permanent, per day£545–£1,136Exec Capital 2026 SME salary ÷ 220 days

The permanent band is the published salary ÷ 220 working days — our arithmetic, for comparison only.

EngagementPublished figureSource
Fractional / part-time CEO£800–£1,500 a dayFD Capital 2026
1 day a week£3,200–£6,500 a monthFD Capital 2026
2 days a week£6,400–£13,000 a monthFD Capital 2026
3 days a week£9,600–£19,500 a monthFD Capital 2026
Fractional CEO, 2 days a week£5,000–£10,000 a monthExec Capital 2026
Most common cadence2–3 days a weekFD Capital 2026

Two days a week across a 46-week year at FD Capital’s band is £73,600–£138,000 in day fees — our arithmetic (92 days × £800–£1,500). FD Capital puts a part-time CEO at two days a week at typically 20–40% of the cost of a full-time permanent CEO at an equivalent level (FD Capital).

08/ the maths

Part-time CEO cost.

Model what a part-time chief executive costs against a full-time CEO — or, switched to “I’m a CEO”, what one fractional mandate bills in a year.

The slider runs across the published band for a fractional CEO: £800–£1,500 a day (FD Capital 2026).

Cost over 12 months

£119,600

104 working days · 2 d/wk · 12 mo · before tax

Fractional CEO£119,600
Permanent CEO, same period£174,000

Fractional costs less over 12 months£54,400

Fractional CEO, 12 months£119,600

Fractional CEO, a month at 2 d/wk£9,959

Permanent CEO, same period£174,000

Book a 15-minute call →

Our arithmetic, indicative. Permanent = £120,000, the bottom of the Exec Capital 2026 (UK SME) salary band pro rata for the same months, plus 15% employer NI, plus a 30% search fee on the annual base (UK retained search runs 25–35%, Headhunters.co.uk). Excludes pension, bonus and equity.

09/ the week

How a week divides.

The days you buy are yours; the rest of the week goes to other clients.

Move the days a week in the calculator above and the week redraws.

Your companyAnother clientA third client

Illustration only: one way a fractional CEO’s week can divide at 2 days a week for you. Each block is half a day.

10/ tax

Is the day rate tax-deductible?

The general position under UK rules, with the HMRC source for each point.

Not tax advice: check your own case with your accountant.

01 · DEDUCTIBLE

The fees are a business expense

A fractional CEO’s fees, like a salary, are deductible against profits when incurred wholly and exclusively for the trade (HMRC BIM37000). At the 25% main rate, each £1,000 of fees costs a profitable company £750 after relief.

02 · EMPLOYER NI

Employer NI follows IR35 status

A permanent CEO carries employer National Insurance at 15% above £5,000 a year. A fractional CEO engaged through their own company carries none when the engagement is outside IR35; inside IR35, the fee-payer deducts tax and NI and pays employer NI. Status depends on how the engagement runs in practice.

03 · WHO DECIDES

IR35 status, by company size

Medium and large clients determine the status themselves; for a small private-sector client, the fractional CEO’s own company decides (HMRC off-payroll guidance).

11/ comparison

Against the alternatives.

How the fractional model compares with an interim CEO, an executive chair or NED, an advisor and a full-time appointment.

Read the “in the seat” row first — it decides the others.

On the division of responsibilities between a chair and a chief executive: FRC, UK Corporate Governance Code.

Fractional CEOInterim CEO
Time commitment1–3 days a week, sustainedFull-time, fixed period
In the seat?Yes — runs the companyYes — runs the company
Cost basis£800–£1,500 a day (FD Capital)£1,200–£2,500 a day full-time (FD Capital); £1,000–£3,500 (Exec Capital)
IR35 positionDepends on how the engagement runsTurns on the engagement; a medium or large client decides
Best forScale-ups, founder transitions, PE portfoliosCrisis, M&A, a sudden gap

→ Interim runs the whole company full-time for a period; fractional supplies the same seat part-time, often alongside a founder. For full-time cover, hire an interim CEO.

12/ the choice

Fractional CEO or interim CEO: which the seat needs.

A fractional CEO holds the seat for part of every week, on an ongoing basis: the same person, a set number of days, for as long as the business needs that level of leadership.

An interim CEO covers the seat full-time for a fixed term: a vacancy, a transaction or a turnaround, then a handover to a permanent hire.

Ask which problem you have.

If the work is senior but does not fill a week, buy part of the week.

If the work fills every day and has an end date, buy the days in a block.

The calculator above prices the part-week route at your days a week and shows where a permanent hire becomes the cheaper seat.

13/ the contract

CEO for hire: how the engagement is contracted.

A fractional CEO engagement is written around a scope — the outcome, the days a week, the horizon and the notice.

IR35 status depends on how the engagement runs in practice, a medium or large client makes the determination, and a statutory directorship brings office-holder duties — take advice before accepting one.

Consult a tax adviser · gov.uk/CEST · off-payroll rules: HMRC IR35 guidance.

01 / CONTROL

Control of the “how”

HMRC looks at who decides how, when and where the work is done — whether the company sets the outcome or directs the method.

✓ In the contract

02 / SUBSTITUTION

Right of substitution

HMRC looks at whether the CEO could send a suitably qualified substitute, and whether that right is genuine in practice.

✓ In the contract

03 / MUTUALITY

Mutuality of obligation

HMRC looks at whether the company must offer work beyond the agreed scope, and whether the CEO must accept it.

✓ In the contract

14/ hiring

When to make the hire.

Four situations where a fractional chief executive is often the right answer.

Each is a scope question, not a status question — the seat is filled for the outcome that needs it.

Which sounds like you?

The founder moves to chair or into a product role but still owns significant equity. A fractional CEO leads the company without threatening their influence.

  • → Professional leadership, founder keeps equity

Post-Series A or B, the board and investors need CEO-level leadership, but a full-time chief executive package is not yet justifiable.

  • → CEO leadership before a full-time package

One fractional CEO leads more than one portfolio company, implementing the value-creation plan across each.

  • → One CEO, several companies

Senior intervention while the permanent CEO search runs in parallel.

  • → Stabilise now, search later

15/ the buyer’s guide

How to hire a fractional CEO.

Scope the mandate.

Define the outcome — a transition, a turnaround, a value-creation plan — the days a week the seat needs, and the horizon.

A fractional CEO briefed against “what must be true when you leave” is easier to hire and to measure.

Bring the brief.

Stage, sector, board context and budget band, set against the published figures above.

The brief is read by a person, not parsed by an intake form.

Submit a CEO brief.

Take the shortlist.

3–5 candidates, each with day rate, availability, stage fit and IR35 position set out.

You interview, and we run a mandate rehearsal with the finalists: first 90 days, cadence, capital allocation.

Agree the contract.

Scope, days a week and notice in writing, with the IR35 position set out — the client makes the status determination on how the engagement will run — and statutory-officer questions taken to a tax adviser.

Hire a part-time Chief Executive — what it costs

A part-time CEO at two days a week runs £6,400–£13,000 a month on FD Capital’s figures — typically 20–40% of the cost of a full-time permanent CEO at an equivalent level (FD Capital, Part-Time CEO Costs UK 2026).

Exec Capital puts two days a week at £5,000–£10,000 a month (Exec Capital).

Model your own days in the calculator above.

CEO recruitment for a permanent hire

A permanent CEO hire usually runs through a retained search.

UK retained search fees run 25–35% of approximate first-year base salary, with £30,000–£40,000 minimum fees common at established firms (Headhunters.co.uk, March 2026); Executive Recruit puts CEO searches at 30–33% (Executive Recruit, June 2026).

We recruit fractional, interim and permanent CEOs: a shortlist of 3–5, each with day rate or pay, availability and IR35 position set out.

Many boards bring in a fractional or interim CEO first and use them to write the permanent brief.

To compare the search firms that also run permanent CEO recruitment, see executive search firms; for how we run ours, see our fractional recruitment agency.

16/ the terms

What to get right when you hire.

Five things to settle before a fractional CEO starts, so the days you buy go on the work.

01

The outcome, not the hours

Write down what has to be true at three, six and twelve months. Days a week follow from that list, not the other way round.

02

The days and the review

Fix the days a week, which days, and a review point where either side can change them. Most of the value is in the rhythm.

03

Access and authority

Put in writing what the role can see, sign and decide: systems, data, budget and the board. A part-week leader without access is an adviser.

04

How it ends

Agree notice on both sides and the handover: documents, logins and who inherits each piece of work.

05

Status, early

Settle how the engagement will run before it starts, because IR35 status follows the working practice. See the IR35 guide.

17/ the broad hire

Hire a CEO — fractional, interim or permanent.

Many boards that set out to hire a CEO have not yet settled what shape of chief executive the company needs.

There are four.

A permanent CEO is an employee, full-time, answerable to the board for the whole business with no end date.

An interim CEO is full-time for a fixed term — after a sudden departure, through a sale, or while the permanent search runs.

A fractional CEO leads the company for part of each week on an ongoing mandate, often alongside other roles.

A part-time CEO works reduced hours for one company, and may be employed rather than engaged.

What settles it is how much chief-executive work there is in a week.

Setting strategy, allocating capital, leading the leadership team and answering to investors and the board are the core of the seat — what a CEO does sets it out in full.

If that fills every week, hire a CEO for a continuing appointment, and write the CEO job description before approaching anyone.

If it fills only part of the week — the founder still runs product, or the company is between funding rounds — hire a fractional CEO for a defined part-week mandate; fractional CEO pay shows how the role is paid.

Whichever route you take, the brief to hire a CEO carries the same points: scope, stage, board context, days a week, budget and IR35 position.

Share it with us, we return a shortlist of 3–5, and you interview.

Where the CEO is engaged through their own company, status depends on how the engagement runs in practice rather than on the contract wording — check it with HMRC’s CEST tool and our IR35 guide, and see how we vet each candidate first.

18/ recruitment

Recruitment: what the board decides first.

Fractional CEO recruitment is a board decision before it is a search.

Agree who has authority to make the appointment, what the CEO may decide without the board, and whether the appointment is executive only or also as a statutory director.

That last choice matters most: a statutory director is registered at Companies House and owes the general duties of a director under the Companies Act 2006 — duties that apply whether or not the director is active in the role (Companies House: being a company director).

A fractional CEO usually holds other mandates, so deal with conflicts at the start.

The Companies Act requires a director to avoid situations in which their interests conflict, or may conflict, with the company’s, and allows the directors of a private company to authorise such a situation where the constitution does not prevent it (Companies Act 2006, duty to avoid conflicts of interest).

Ask each finalist to declare their other roles, and minute the board’s decision.

Paper the directorship and the engagement separately.

The IoD notes that directors are office holders, that HMRC treats payments for the office itself as subject to PAYE, and that other consultancy work should sit on a separate contract (IoD: what is a director?).

Take advice before anyone signs.

Then run the search: a shortlist of 3–5 and the checks in how we vet.

19/ part-time ceo

Part-time CEO: employed part-time, or engaged by the day.

A part-time CEO can be hired two ways, and the difference is legal, not cosmetic.

Employed part-time, they are an employee on reduced hours, paid through PAYE, and protected as a part-time worker — no less favourable treatment than an equivalent full-timer on pay rates, pension, holidays and training, applied pro rata where appropriate.

Engaged by the day through their own company, they are a fractional CEO: an invoice, a written scope, and IR35 status that depends on how the engagement runs in practice.

Employment suits a single company that wants its chief executive on fixed days, perhaps with a view to going full-time; the fractional route suits an external part-week mandate and an executive who may hold more than one role.

Part-time CEO jobs are advertised both ways, so read the terms, not the title.

For a continuing employed seat, hire a part-time CEO; for the cost, see part-time CEO cost; for full-time, fixed-term cover, hire an interim CEO.

Either way, if the part-time CEO also joins the board, a shorter week does not shorten the duties: they apply to every director (Companies House).

20/ vetting

How we vet every candidate.

The CEO-specific checks inside our five-stage vetting process, undertaken on every brief before a candidate reaches your shortlist.

Fractional buyers pay for pattern recognition, not potential.

Directorship history is public record: Companies House.

  1. 01

    Directorship check

    Companies House directorship history read against the CV: appointments, resignations and the companies behind them.

    PUBLIC RECORD
  2. 02

    P&L read

    Verified CEO or MD tenure with owned P&L. We read the numbers, not the narrative.

    TRACK RECORD
  3. 03

    Board-level references

    Two references from chairs or investors who sat across the table — not colleagues.

    REFERENCES
  4. 04

    Mandate rehearsal

    A structured session on a scenario like yours: first 90 days, cadence, capital allocation.

    DEEP-DIVE
  5. 05

    Shortlist

    3–5 candidates, each with day rate, availability, stage fit and IR35 position set out.

    SHORTLIST OF 3–5

21/ titles

Fractional managing director, part-time CEO — the same seat by other names.

In UK SMEs and family-owned businesses the chief executive is usually titled managing director, so the same mandate is advertised as a fractional MD as often as a fractional CEO.

The shape is identical: in the seat, 1–3 days a week, scoped to an outcome, with the IR35 position set out on every brief.

Part-time CEO usually signals consistent days with a single company, while fractional CEO usually signals a portfolio across more than one client.

FD Capital publishes the same £800–£1,500 a day band under both names; the market uses both loosely, so read the mandate, not the label.

What a chief executive earns full-time, and what the fractional and interim alternatives cost, is covered source by source on the fractional CEO salary page.

CEO v managing director

In a UK private company the two titles often describe the same job: the person who runs the business day to day and answers to the board.

Larger groups tend to keep CEO for the top executive and use managing director for the head of a subsidiary or division.

Neither title is the same thing as being a statutory director, which is an office registered at Companies House whatever the job title — and it brings its own duties, so take advice before a fractional hire accepts one.

22/ guide

How to become a fractional CEO in the UK.

The path from permanent to portfolio, in five steps.

  1. 01

    Bank the track record.

    A substantial leadership record, including P&L ownership at CEO or MD level. Fractional buyers pay for pattern recognition, not potential.

    BEFORE YOU START
  2. 02

    Define the niche and stage.

    Sector plus company stage — “SaaS, Series A–B” beats “growth companies”. Your existing network already knows your record; start there.

    WEEK 1
  3. 03

    Set the rate band.

    Anchor to the published band: £800–£1,500 a day for a fractional or part-time CEO (FD Capital), with interim work higher — £1,000–£3,500 a day on Exec Capital’s figures. Quote a range, hold the floor.

    WEEK 1–2
  4. 04

    Set up to contract.

    Form a limited company, understand what HMRC looks at — control, substitution, mutuality of obligation — and check each engagement against CEST on its own facts; take advice on office-holder edge cases before accepting a directorship.

    WEEK 2–4
  5. 05

    Get on the boards that matter.

    Register with fractional specialists, keep your availability current, and work your network alongside them.

    ONGOING
Fractional executives comparing portfolio mandates — fractional CEO jobs UK

23/ coverage

Where the UK’s fractional CEO jobs actually are.

Fractional CEO roles follow the UK’s scale-up, PE and mid-market hubs, and much of the work is remote or hybrid.

No source publishes regional CEO day rates or a regional split of demand, so none is shown.

Remote fractional CEO jobs

Leadership travels better than it used to: board meetings, investor conversations and the weekly executive cadence all survive a hybrid rhythm.

Many mandates settle into remote for the working cadence and in the room for the board meeting, the leadership offsite and the crunch weeks.

That is why remote fractional roles across every function are worth watching alongside the CEO board.

Practical guide · Updated

Executive leadership needs a board mandate that works in practice. Compare authority, continuity and the business decisions behind a fractional, interim or permanent appointment.

The working brief · 01

Make delegation real

A board hiring an executive needs a mandate people across the company can understand.

FRC: Corporate Governance Code Guidance ↗

  1. 1

    Name the purpose

    Write the business problem, the decisions required and the constraints the incoming leader inherits. Distinguish a request for independent advice from responsibility for running the company. State what the founder or board will continue to own.

  2. 2

    Set the boundary

    Agree which decisions are delegated, which require approval and where competing instructions are resolved. Explain the relationship with the chair and other executives. A senior title cannot compensate for a mandate the board has not agreed.

  3. 3

    Choose the evidence

    Specify the information the leader and board use to review progress and risk. FRC guidance encourages governance suited to the company’s circumstances; its listed-company Code is not automatically a rule for every business. Use it as a prompt for proportionate discussion.

The working brief · 02

A founder who wants to step back

Fictional worked example, not a client case study: a founder seeks leadership cover but still approves every operating decision.

  1. 1

    Expose the conflict

    In this fictional business, department heads are told to follow an incoming executive but continue asking the founder for permission. The hiring brief first needs to identify which decisions the founder will actually delegate. Adding a title does not resolve conflicting instructions.

  2. 2

    Agree the mandate

    The board sets the delegated responsibilities, approval boundaries and route for disagreement. The founder and incoming leader communicate the same mandate to the team. Advice retained by the founder is separated from executive decisions owned by the appointment.

  3. 3

    Review the arrangement

    The board reviews whether the delegation works in practice and records unresolved boundaries. No growth, founder freedom or transformation outcome is promised. The example illustrates an authority problem that should be resolved before expecting a person to run the business.

The working brief · 03

Match the appointment to continuity

Choose a working pattern that matches the executive decisions the business needs made.

The decision

Defined executive commitment

Fractional leadership can suit a bounded executive mandate where other leaders maintain day-to-day continuity. State escalation and availability expectations openly. A limited commitment should not be described as unlimited operating responsibility.

Temporary leadership

Interim leadership can cover a vacancy or a defined transition requiring active command. Specify the authority, the transition decision and the successor’s needs. A temporary engagement still requires clarity about who runs the company throughout it.

Lasting daily ownership

Permanent leadership may suit continuing executive management needing daily attention. A part-time employee is another working arrangement, with its own terms and responsibilities. Separate commitment from employment status instead of using fractional and part-time as interchangeable labels.

The working brief · 04

Establish what you would really own

For applicants: test the board mandate and describe experience at the level actually held.

  1. 1

    Describe accountability

    Explain the organisation, your executive responsibilities and the decisions you personally owned. Distinguish board membership, advisory influence and operating authority. A portfolio of senior titles is less helpful than a clear account of how responsibility worked.

  2. 2

    Explain judgement

    Use an approved example of a difficult decision, the evidence available and the competing choices. Identify what the board decided and what you implemented. Keep confidential board material private and separate actual outcomes from ambitions or forecasts.

  3. 3

    Question the mandate

    Ask what the founder will delegate, how the chair will support the appointment and who resolves disagreement. Confirm commitment, location and the expected exit or continuity. If decision rights remain unsettled, say so before accepting accountability that cannot be exercised.

The working brief · 05

Hand over accepted authority

Succession should transfer decisions and relationships, alongside information about the business.

  1. Stage 101

    Make the position visible

    Record the current strategy, commitments, major risks and unresolved decisions. Explain the board’s delegated authority and the executive team’s responsibilities. Distinguish what has been agreed from what remains a recommendation for the successor to assess.
  2. Stage 202

    Transfer the relationships

    Introduce the successor to key internal and external relationships with the relevant context. Work through a representative executive decision together. Confirm that the board and team understand the incoming leader’s authority and escalation route.
  3. Stage 303

    Confirm the succession

    Record what the incoming leader accepts and what the board retains. Assign owners to outstanding decisions and agree the next review. Handover is complete when authority is recognised and responsibilities are accepted, rather than when the outgoing leader has presented a plan.

The working brief · 06

Make presence serve the mandate

The working arrangement should reflect where the executive needs to understand and influence the business.

The decision

Distributed leadership

Board discussion and executive reviews can be organised remotely when leaders share clear evidence and decisions. Confirm whom the appointment can reach and who maintains local continuity. Remote working does not remove the need for recognised authority.

Purposeful presence

Identify relationships or operations that require the executive to attend in person. State the purpose, location and expected commitment. A part-time or fractional arrangement should not carry an unstated expectation to appear wherever a stakeholder asks.

Agreement with the board

Record availability, escalation and the person who can act when the leader is away. Align those expectations with the actual working commitment. Revisit them if the board changes the scope or operating responsibility.

The working brief · 07

Use the interview to test the board too

A leadership appointment requires evidence of candidate judgement and a board willing to explain its mandate.

  1. 1

    Share the constraint

    Describe a hypothetical business decision and the authority available to the incoming leader. Let candidates question assumptions and ask for missing evidence. The discussion should reveal how they structure a decision rather than request a complete business strategy.

  2. 2

    Explore disagreement

    Ask how they would handle a founder or board member who gives conflicting instructions to a department. Explore which issue they would resolve directly and which needs the chair. Compare that reasoning with the governance arrangement the board intends to support.

  3. 3

    Check mutual understanding

    Invite candidates to explain what would make the mandate unworkable. Record decisions the board still needs to settle before appointment. A strong interview should leave both sides understanding the boundaries, not conceal uncertainty behind a senior title.

The working brief · 08

Keep advice and executive decisions distinct

Clarify the relationship between the chair, advisers and the person responsible for running the company.

  1. 1

    Describe each contribution

    State which people offer challenge and advice and which hold operating responsibility. Explain how the chair and executive leader work together. Do not imply that a non-executive or advisory appointment supplies day-to-day command.

  2. 2

    Resolve conflicting instructions

    Name the route for settling differences and communicating one accepted decision to the team. Give department leaders a clear escalation point. A board should not ask an executive to carry responsibility while encouraging instructions that bypass the agreed mandate.

  3. 3

    Keep the boundary current

    Review delegated authority when the business or appointment changes. Record what the board retains and what the leader now owns. Make that updated boundary available to the executive team and successor so continuity does not depend on informal understandings.

24/ questions

Questions, answered.

The questions people ask about hiring a fractional CEO and about fractional CEO work.

A fractional CEO is a chief executive who runs a company part-time — typically 1–3 days a week — within a defined scope.

Unlike an advisor or chair, they own strategy, run the board and make the decisions.

FD Capital publishes £800–£1,500 a day for a fractional or part-time CEO in the UK, and no median.

At two days a week that is £6,400–£13,000 a month — typically 20–40% of the cost of a full-time permanent CEO at an equivalent level, on FD Capital’s figures (FD Capital).

Exec Capital puts two days a week at £5,000–£10,000 a month (Exec Capital).

Use the calculator above for your numbers.

Scope the mandate — the outcome, the days a week and the horizon — then bring the brief.

We come back with a shortlist of 3–5, each with day rate, availability, stage fit and IR35 position set out.

You interview and choose.

Take statutory-officer questions to a tax adviser.

Most engagements are 1–3 days a week; FD Capital puts two to three days as the most common (FD Capital).

No. An interim CEO is usually full-time for a fixed period — a bridge or crisis role; FD Capital quotes £1,200–£2,500 a day full-time, and Exec Capital £1,000–£3,500.

A fractional CEO is a sustained part-time engagement, often alongside other clients, scoped to an outcome.

For full-time cover, hire an interim CEO.

Four common triggers: a founder stepping back; a scale-up whose board needs CEO-level leadership before a full-time package is justifiable (Exec Capital puts SME CEO base at £120,000–£250,000); a PE portfolio needing leadership across several companies; and a crisis or turnaround while a permanent search runs.

They run the leadership cadence: board meetings, executive team management, strategy and capital allocation, investor relations, and the key hires — compressed into their contracted days.

No source publishes a typical length, so we will not quote one.

A fractional CEO mandate is scoped to an outcome — a transition, a turnaround or a value-creation plan — and runs until it is delivered, often ending with a clean handover to a permanent CEO.

It depends on how each engagement runs in practice — HMRC looks at control, substitution and mutuality of obligation, and each engagement can be checked against HMRC’s CEST tool on its own facts.

A medium or large client makes the determination, and a statutory directorship brings office-holder duties — take advice before accepting one.

Usually, yes.

“CEO for hire” is how many boards and founders search for a chief executive engaged through their own company rather than employed.

What matters is cadence: one to three days a week, ongoing, is fractional; five days for a fixed term is interim; board-only oversight is a chair or NED.

In a UK private company the titles often describe the same job: the person who runs the business day to day and answers to the board.

Larger groups tend to keep CEO for the top executive and use managing director for the head of a subsidiary or division.

For a fractional hire, read the mandate, not the label — we run a fractional MD search the same way as a fractional CEO search.

Yes.

We recruit fractional, interim and permanent CEOs: a shortlist of 3–5, each with pay or day rate, availability and IR35 position set out, after five-stage vetting.

Many permanent CEO hires go through a retained search instead: UK retained search fees run 25–35% of approximate first-year base salary (Headhunters.co.uk), and Executive Recruit puts CEO searches at 30–33%.

Many boards bring in a fractional or interim CEO first and use them to shape the permanent brief.

See executive search firms.

Three board decisions before the search: who can appoint, what the CEO may decide alone, and whether the appointment includes a statutory directorship — which brings the general duties of a director (Companies House) and a duty to avoid conflicts with the CEO’s other mandates unless the board authorises them (Companies Act 2006).

Then the search itself: a shortlist of 3–5, each with day rate, availability and IR35 position set out.

The recruitment section sets it out.

Book 15 minutes · shortlist of 3–5

Bring the brief. We architect the team.

A shortlist of 3–5. Five-stage vetting. IR35 position on every brief.

For hiring companies

Book a call or submit a CEO brief; we come back with a shortlist of 3–5 candidates.

For fractional CEOs

Browse the fractional and interim CEO roles from our jobs feed, or get in touch about the searches we run.

For executives

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