Hire an Interim CEO · Interim CEO Jobs UK

Hire an interim CEO
for the gap.

Hire an interim CEO — a full-time interim chief executive on a fixed-term assignment, usually 6–12 months — to lead through a departure, a turnaround or a sale while the board finds the permanent answer. Or browse live interim CEO jobs UK-wide below.

£1,000–£3,500 a day (Exec Capital)Full-time, fixed-term6–12 months typical12% fee on signing
~/how-a-brief-runs
how a brief runs…
01
Brief
30-MINUTE SCOPING CALL
Day 0
02
Shortlist of 3–5
VETTED · RATE BENCHMARK · IR35
48h target
03
Interviews
YOU MEET THE SHORTLIST
Your diary
04
Scoped start
FIRST-MONTH OUTCOMES AGREED
You set the date
05
Our fee
12% OF ENGAGEMENT VALUE
Disclosed upfront
shortlist target48h
£1.0–3.5k
Interim CEO day rate (Exec Capital, 2026)
£168k
Median UK CEO pay (Glassdoor, via Exec Capital)
48h
Brief to shortlist — our target
12%
Our fee, charged on signing
book a call

Book 15 minutes to hire an interim CEO

Tell us the situation and the start date. We come back with interim CEO candidates, their day rates and availability.

  • 15 minutes, video or phone
  • We scope the assignment and the start date
  • Shortlist target: 48 hours after the call
  • No retainer — 12% only if you sign
Prefer email? Use the booking page →
01 / definition

What is an interim CEO?

An interim CEO is the chief executive, full-time, for a fixed term, appointed by the board. Not an adviser and not a part-time fractional CEO: the person who runs the company until the job is done or the permanent CEO arrives.

01

Full-time

01 · cadence

The CEO seat, five days a week.

An interim CEO takes full executive authority — the leadership team, the plan, the stakeholders and the board relationship.

5 daysa week, typically
02

Fixed-term

03

Starts quickly

04

Board-led

02 / scope

What an interim chief executive owns

The interim CEO carries executive accountability for the term; the leadership team keeps running its functions.

OWNS

  • Strategy and the operating plan
  • The board and investor relationship
  • Leadership team decisions and changes
  • Cash, funding and lender confidence
  • Key customer and partner relationships
  • Turnaround or sale process
  • Culture and communication through change
  • Handover to the permanent CEO

× DELEGATES

  • Functional delivery (finance, ops, sales)
  • Day-to-day line management
  • Routine reporting production
  • Project-level execution
  • Recruitment below the leadership team
  • Operational process design
TurnaroundExit and salePE portfolioRestructuringStakeholder managementFounder transitionBoard governanceChange leadership
03 / alternatives

Interim CEO vs fractional, chair and permanent

The same seat, four ways of filling it.

Interim CEO
Fractional CEO
Cadence
Full-time, 5 days a week
1–3 days a week
Term
Fixed, usually 6–12 months
Ongoing
Published cost
£1,000–£3,500 a day (Exec Capital)
£5,000–£10,000 a month at two days a week (Exec Capital)
Best for
A departure, a crisis or a sale
Senior leadership a smaller company can afford
Authority
Full executive authority
Often shared with a founder
Interim runs the whole company for a period; fractional supplies part-time CEO leadership, often alongside a founder.
04 / rates

Interim CEO day rates, UK 2026

Published figures only, each with its source. Complexity sets the rate: SME cover sits at the bottom of the band, listed, PE-backed and turnaround mandates at the top.

EngagementPublished figureSource
Interim CEO (all mandates)£1,000–£3,500 a dayExec Capital Executive Salary Guide, 2026
Interim CEO, SME and mid-market£1,000–£1,800 a dayExec Capital CEO salary guide
Interim CEO, complex listed or PE-backed£1,800–£3,500 a dayExec Capital CEO salary guide
Interim CEO, full-time£1,200–£2,500 a day (£24,000–£50,000 a month)FD Capital, 2026
Fractional CEO (two days a week)£5,000–£10,000 a monthExec Capital CEO salary guide
Permanent CEO baseSME £120,000–£250,000; mid-market £200,000–£400,000Exec Capital CEO salary guide

Six months at five days a week (about 130 working days) is roughly £130,000–£455,000 on the Exec Capital band before our fee — our arithmetic. Exec Capital also notes turnaround specialists above £3,500 a day.

05 / calculator

What an interim CEO costs

Model a fixed-term interim CEO against a permanent Chief Executive Officer over the same period.

Day rate £1,400
Days a week 5 days
Assignment length 6 months
£1,400 a day is within the published Interim CEO, SME band 1,000–£1,800, Exec Capital 2026).
Interim cost for the term
£203,840
130 working days · 5 d/wk · 6 mo · incl. our 12% fee
Interim CEO£203,840
Permanent CEO, same period£147,073
Interim costs more over 6 months — the price of starting now£56,767
Our arithmetic, indicative. Permanent = the £168,083 median UK CEO pay (Glassdoor, via Exec Capital) 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.
InterimPermanent hireLines cross at month 3: shorter than that, interim costs less.
£0k£102k£204k£306k£408k0123456789101112months
Month 6: interim £203,840 · permanent £147,073
06 / tax

Is an interim CEO tax-deductible?

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

An interim 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 · NO EMPLOYER NI

Outside IR35, no 15% on top

A permanent CEO carries employer National Insurance at 15% (gov.uk). An interim engaged through their own company outside IR35 does not. Inside IR35, the fee-payer deducts tax and NI and pays employer NI.

03 · WHO DECIDES

IR35 status, by company size

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

07 / decision

When to hire an interim CEO

Four situations where boards hire an interim CEO — and where most interim CEO jobs come from.

scenario 1

A sudden departure

The CEO resigns, is removed or falls ill, and the board needs steady leadership while it runs a proper search.

Reassure staff and customers
Keep the plan moving
Buy time for the search
scenario 2

A turnaround

Trading, cash or lender confidence has broken down and the business needs decisive leadership now.

Cash first
Cost and structure
Lender and creditor plan
scenario 3

A sale or investment

Preparing for exit, running a sale process or handling a new PE owner’s first months.

Equity story
Management presentations
Value-creation plan
scenario 4

A founder transition

The founder is stepping back and the company needs a professional CEO for a period before the long-term choice.

Governance in place
Leadership team settled
Clean handover
08 / guide

Hiring an interim CEO: what to get right

Agree the mandate at board level first. An interim CEO needs a clear answer to one question: what must be true when they leave? Stabilised trading, a completed sale, a refinanced balance sheet, a permanent successor in post. Write it down with a date, and brief against it.

Decide between interim and fractional. If the company needs someone running it full-time, hire an interim CEO. If a founder is staying in the business and needs senior support a day or two a week, a fractional CEO is the better fit — Exec Capital puts two days a week at £5,000–£10,000 a month.

Budget from the published bands. Exec Capital’s 2026 guide puts interim CEO day rates at £1,000–£3,500: £1,000–£1,800 for SME and mid-market cover, £1,800–£3,500 for complex listed or PE-backed work, and more for turnaround specialists. FD Capital quotes £1,200–£2,500 a day, or £24,000–£50,000 a month, full-time. A permanent CEO in an SME is £120,000–£250,000 base before on-costs and a retained search fee of 25–35%.

Test the track record against your situation. An interim chief executive who has run three sale processes is a different hire from one who has taken a business through a restructuring. Take references from the chairs and investors of recent assignments; we take our own before anyone reaches a shortlist.

Plan the exit from day one: the permanent search, the handover and how the interim will be introduced to staff, customers and lenders. If you are looking for interim CEO jobs rather than hiring, the live board below lists current interim CEO roles, and fractional CEO jobs cover the part-time market.

09 / structure

IR35 for an interim CEO

Our contracts are drafted to sit outside IR35. Status still turns on how the assignment runs day to day, and a full-time interim needs more care here than a fractional role. Medium and large clients make the determination; for a small private-sector client the interim’s own company does. See the IR35 guide.

TEST 1

Substitution

The contract is with the interim’s limited company and carries a genuine right to send a qualified substitute.

IN THE CONTRACT
TEST 2

Control

You set the outcomes for the assignment; the interim decides how the work gets done.

IN THE CONTRACT
TEST 3

Mutuality

No obligation to offer or accept work beyond the agreed assignment and term.

IN THE CONTRACT
10 / process

How to hire an interim CEO with us

What we undertake on every brief. No retainer; you pay only if you sign.

01

Brief

A 30-minute call on the assignment, the start date and what the interim CEO must have delivered by the end of the term.

DAY 0
02

Search

We search and screen against that brief: track record at your stage and in your situation, and references we take ourselves.

SCREENING
03

Shortlist

Three to five candidates with day rate, availability and IR35 position set out. We aim to send it within 48 hours.

48H TARGET
04

Start

You interview and choose. Our fee is 12%, charged on signing, with flexible fee clawback agreed case by case.

12% ON SIGNING
11 / questions

Interim CEO FAQ

Hiring an interim Chief Executive Officer, or looking for interim CEO jobs.

An interim CEO is a full-time chief executive on a fixed-term board mandate, usually six to twelve months, who runs the company through a departure, a turnaround, a sale or a founder transition and then hands over.
Agree the mandate at board level, then send us a brief: the situation, what must be true at the end of the term and when you need someone to start. We aim to send a shortlist of three to five interim CEOs within 48 hours, with day rate, availability and IR35 position set out. The board interviews and chooses; our fee is 12%, charged on signing.
Exec Capital’s 2026 guide puts interim CEO day rates at £1,000–£3,500 — £1,000–£1,800 for SME and mid-market mandates, £1,800–£3,500 for complex listed or PE-backed work. FD Capital quotes £1,200–£2,500 a day, or £24,000–£50,000 a month, full-time.
An interim CEO works full-time for a fixed term with full executive authority. A fractional CEO works one to three days a week on an ongoing basis, often alongside a founder — Exec Capital puts two days a week at £5,000–£10,000 a month.
Interim chief executives are used to short-notice starts; a few weeks from brief is normal. We aim to have a shortlist with you within 48 hours.
An executive chair can bridge a few weeks, but combining oversight and execution weakens governance. If the company needs running for months, hire an interim CEO.
Sometimes. Agree at the start whether the interim is a candidate for the permanent role — it changes how the board, the team and the search treat them.
Our contracts are drafted to sit outside IR35, with substitution, no mutuality beyond the assignment and the interim controlling how the work is done. For a statutory director the position needs particular care. Medium and large clients make the determination; for a small private-sector client, the interim’s own company does (HMRC).

Need an interim CEO this month?

Book 15 minutes. We aim to have a shortlist with you within 48 hours of the call.

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