What to do if the CEO leaves the country?

Sep, 28 2022

The CEO of the company is the executive body and the main representative of the company.

In his absence in the country, the company’s activities often become impossible – he is the only person entitled to act on behalf of the company without a power of attorney and, as a rule, interacts with counterparties, banks and all government agencies.

For the purposes of the professional conduct of the company’s activities, VALEN can offer you the service of an interim CEO (interim manager).

In this case, your company will continue to do business, even if there is no CEO in Russia. Such a need may arise during departure, illness, as well as the dismissal of the current CEO.

The interim manager will perform the duties of managing the company as CEO for a certain period (short or long at your choice), solve actual, urgent problems and tasks of the company, follow all the instructions of the founders.

Also, an interim CEO may be necessary at the time of obtaining a work permit for the CEO – a foreign citizen.

During the work of an interim manager, VALEN will also be happy to provide services for obtaining a work permit and a work visa for a foreign citizen. The company CEO can obtain a work permit in a simplified manner with the help of the status of a highly qualified specialist.

Our specialists will be happy to advise you in connection with the interim CEO service.

Author of the article
What to do if the CEO leaves the country?
Valentina Khlavich
Managing Partner
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