Adding a CEO to the organisation was one of many acknowledged goals of Mohammed Ben Sulayem on his election as its President in December, and the search was kickstarted in February.
Ben Sulayem sees the introduction of a well-qualified skilled supervisor as a key a part of his technique of updating the FIA and particularly retaining correct management of its funds.
In February he created a CEO Recruitment Working Group with the purpose of figuring out precisely what the job would contain and the talents required.
The seek for candidates for the Geneva-based job is now persevering with through headhunting company Russell Reynolds Associates, and no cut-off date for functions has been given.
In a job specification put collectively together with the company the FIA says that “it needs to recruit a commercially oriented and transformative chief to modernise the organisation and to boost the worth that it delivers to its numerous membership worldwide.”
It additional notes that that “the FIA President and elected management set the imaginative and prescient and coverage for the FIA. Reporting to the President of the Senate, the CEO will likely be chargeable for creating the technique for the organisation to ship that imaginative and prescient, and for the profitable operational and monetary efficiency of an built-in and aligned FIA administration.”
Mohammed Ben Sulayem, President, FIA
Picture by: Carl Bingham / Motorsport Images
It provides that “the important thing priorities for the brand new CEO will likely be stabilising the FIA’s funds, streamlining the governance constructions and operational processes, and creating its govt management capabilities to assist the diversification and development of its future earnings streams.”
The FIA makes it clear that it needs to generate extra earnings, as one of many tasks of the brand new CEO will likely be “creating business development plans to extend and diversify the FIA’s income streams, in assist of members’ personal enterprise actions (and by no means in competitors with them).”
The CEO’s function will additional embody “returning the FIA to profitability and enhancing its long-term total monetary efficiency, each by way of value discount and by pursuing new business income streams, with accountability for its monetary efficiency.”
The FIA makes it clear that it expects candidates to have “senior govt management expertise in a global business enterprise or advanced organisation of comparable scale to FIA’s administrative organisation.”
Though candidates will not be obliged to have a instantly related background, the FIA notes that “prior expertise in or information of the motorsport business and/or broader automotive and mobility markets can be a substantial benefit.
“No matter business background, the CEO ought to be captivated with motorsport and/or the worldwide mobility transformation, and their vital roles in society.”
Among the many private abilities anticipated from candidates are a “low-ego and humble strategy, recognising that the organisation exists to assist its world members; encourages others to share the highlight and visibly celebrates and helps the success of the group.”
