Fractional Executive Search

Hand over the company, not only the keys.

A family company carries continuity, trust and a long view that an institution cannot buy. Often missing is the structure that lets the next generation take on a company in its own right, and not merely the relationships around it.

A senior principal and a younger successor in a refined office, considering the road ahead
The situation

Where a family company stalls

Families usually call when one of these is happening:

01

The founder will not step back

The company sits in a single mind, and the rest wait for that person to decide.

02

The next generation is untested

Children who grew up around the company have not run it, and neither side knows how to start.

03

Ownership and management blur

Shareholder decisions and operating decisions get made in the same conversation, often over the same dinner.

04

The paperwork sets the date

Succession tax relief for family companies and the family protocol shape when and how a handover can happen.

A fractional executive gives the family a senior colleague who is not a relative. They run a function, build the structure the next generation will inherit, and are the neutral voice when the family is at an impasse.

Is it the right fit?

Who this is for, and who it is not

Best for

  • Owner-led and family-owned businesses at a succession or handover moment
  • Next-generation leaders with the appetite but not yet the operating experience
  • Businesses whose reporting and governance have outgrown how decisions get made
  • Families adding non-family managers who need clear, well-defined authority
  • Principals who want structure built without ceding permanent control

Not for

  • Families seeking to hand the business permanently to an outside executive
  • A purely advisory brief with no operating work attached
  • Situations where the family is not ready to let an operator inside the business
  • A single project a specialist contractor could deliver and leave
A refined office of wood, stone and glass, the city skyline at dusk beyond

Professional rigour, with the family's interests protected.

Why Fractional Madrid

An outsider the family can trust

A family needs an outsider it can trust, who answers to the company rather than to one branch of the family.

1 monthNotice, either way
800+Curated and vetted executives
2–3 weeksBrief to deployment
30–60%Less than a full-time hire, on our engagements

Reviews with the family

We check in on a set rhythm, with the family and with the executive, and raise drift early rather than let it settle in.

Peers who handled succession

Succession questions often turn into questions about the board. The executive can call a peer in the collective who has sat through both.

If the executive moves on

Should the executive move on, we hold everything learned so far and manage the handover, so the family is not left starting again.

Chosen for discretion

With a family at the table, an operator who cannot read the room costs more than the one you did not hire.

How it works

Every stage is built around the family

The stakes are relational as well as commercial, so the engagement is designed to protect both.

01

Discovery includes the family

We understand not just the business but the family's goals, values, and sensitivities. What must be protected throughout the engagement?

02

Culturally weighted matching

For family businesses, the right personality, communication style, and cultural awareness matter enormously. We take more time on matching than in any other engagement type.

03

Framing the engagement

How the fractional role is introduced to the team, including family members, is part of our process. We help frame it in a way that builds confidence.

04

Regular three-way check-ins

Active Fractional Madrid presence throughout, not just at the start of the engagement. We check in with both the client and the fractional executive.

When families call us

Common transition moments

A fractional operator is most valuable where the way the business has always run stops fitting what it needs next.

The moment
What a fractional operator brings
The momentThe founder is ready to step back
What a fractional operator bringsOperating leadership that runs the business day to day while the handover is planned
The momentThe next generation is taking over
What a fractional operator bringsA senior bridge that transfers knowledge and builds the systems the successor inherits
The momentReporting is too informal to raise financing
What a fractional operator bringsManagement accounts and governance an outside financier or partner can trust
The momentNon-family managers need clearer authority
What a fractional operator bringsA defined structure that sets reporting lines and decision rights without family friction
The momentGrowth has outpaced family-led decisions
What a fractional operator bringsRepeatable systems and senior capability that add rigour without displacing the family
Our fractional services

Each fractional role solves a different problem

The right role depends on where the gap is: operations, finance, growth, people or technology.

Proven leadership

Trusted by the region's leading family groups

LVMH
Roche
BMW
Heineken
Mars
Cargill
Michelin
Bosch
Common questions

The questions buyers ask first

No. The executive reports to whoever the family appoints, and every shareholder decision stays with the shareholders.

Yes. The executive cannot write the family agreement for you, but they can run the business so the protocol is workable, and make sure it is followed once it exists.

As long as the handover needs, which can be a year or two. Either side can end it earlier on our standard one month's notice.

Related

Other moments we cover

Get started

Plan the next step, at the pace the family needs.

Tell us where the business is in its transition. We will match a culturally aware operator who builds the structure the next phase needs and steps back when it is in place, backed by our vetted collective.

Plan the professionalisation step