Skip to main content

The Role and Hazards of an Interim Executive

 

The Role and Hazards of an Interim Executive

Leadership transitions are rarely smooth. A change at the top can trigger uncertainty, speculation, and anxiety. Staff worry about their jobs, members wonder about continuity, and boards feel the weight of stewarding the organization through uncertain change. The utilization of an interim executive director is meant to stabilize the organization and allow the board enough space and capacity to find the right successor leader.

Here’s a catch: if an interim executive is also a candidate for the successor role, the very purpose of an interim engagement is compromised.

With an Interim, there’s always a second wave of anxiety

Every leadership transition comes with some anxiety. The staff sometimes don’t know what’s going on. The board is worried about continuity, and members may be worried about joining. One task of an interim is to absorb some of that anxiety and provide reassurance that things are moving forward.

But there is always a second wave of anxiety when the interim departs, and a successor is brought on. Even when everyone is excited about the new hire, the very instance of another leadership handoff triggers uncertainty. Staff, members, and the board all have to adjust again.

That’s why a key aspect of the interim is to prepare the organization for that second wave of anxiety. The interim should normalize it and make sure systems and relationships are strong enough to withstand it.  That anxiety is often tied to how connected people become to the interim.

Managing Connection Without Over-Attachment

It can feel counterintuitive, even weird, but an interim executive has to practice a certain degree of professional distance. Bond too closely with staff or stakeholders, and the sense of loss at their departure intensifies. Instead of the anxiety being manageable, it can become debilitating.

That doesn’t mean being cold or detached; it just means being up front about the role and your time with the organization. Work relationships should be built on candidness and respect, not on promises of continuity that cannot be fulfilled.

Why Interims Shouldn’t be Candidates

When an interim puts themselves forward for the successor role, several things happen. The tenor of work shifts from stabilization to politics as staff may angle for favors and board members may divide into camps—preparation for departure stalls. Instead of normalizing that the interim will leave, some may cling to the hope (or fear) that they might stay. And the second-wave anxiety hits harder. If the interim isn’t selected, the sense of rejection can make things more complicated for the successor to succeed.

The Interim’s True Value is Breathing Room.

The interim executive’s value is in giving the organization breathing room, maintaining continuity, and preparing everyone for what comes next. By staying out of the permanent search, they preserve trust and help the board and staff move to the future without unnecessary baggage.

Executive transitions will always bring anxiety. But the interim who acknowledges that reality and prepares people for it does the organization a lasting service. Handled well, an interim period can leave the organization stronger, lighter, and ready to move forward.

____________________________________
Check out NCOFCU's additional features:

Comments

Popular posts from this blog

NCOFCU Newsletter

The Bucket Coach is a financial advice book designed by Fire Services Credit Union, Tronto, Canada. and written exclusively for Fire Fighters It's a practical guide for household financial management, including investments, credit and mortgages, and retirement. Developed with contributions from Fire Fighters," NCOFCU Newsletter : " Kevin Connolly Chief Executive Officer    Fire Services Credit Union Phone: 416-440-1294 ext 301  Toll Free: 1-866-833-3285 E-mail:  kevin@firecreditunion.ca 1997 Avenue Rd Toronto, ON M5M 4A3 

Vought: ‘We’re Closing Down The CFPB’ — White House Budget Chief Says Agency Will Shut Down Within Months

  10/16/2025 09:03 am         WASHINGTON—White House Budget Director Russell Vought said Wednesday he plans to shut down the CFPB, PYMNTS reported. Russell Vought Speaking on  The Charlie Kirk Show , Vought said only a handful of employees remain at the CFPB’s Washington headquarters “while we close down the agency,” adding that he expects the process to be completed “within the next two or three months.” Vought’s remarks come amid a series of legal challenges targeting the Administration’s attempts to scale back or dismantle the CFPB. The Administration is currently facing lawsuits from a CFPB labor union and consumer advocacy groups, which argue that Trump lacks the authority to dismiss most of the Bureau’s staff or eliminate the agency altogether. On Wednesday, Vought repeated long-standing Republican criticisms that the CFPB has exceeded its authority and imposed unfair burdens on smaller financial institutions, PYMNTS noted. “All they want to do is wea...

AI Meets Retail: Walmart Lets Shoppers Buy Directly Through ChatGPT Using Sparky Instant Checkout

  10/15/2025 07:10 pm         BENTONVILLE, Ark.— Walmart is teaming up with OpenAI to introduce Sparky AI-driven shopping experiences that let customers and Sam’s Club members complete purchases directly through ChatGPT using its new Instant Checkout feature, PYMNTS reported. The collaboration broadens Walmart’s use of artificial intelligence across its retail ecosystem and underscores a wider industry move toward conversational, predictive commerce. Through the integration, shoppers can plan meals, restock household essentials, or discover new products simply by chatting with ChatGPT—while Walmart manages the entire transaction process seamlessly in the background, PYMNTS explained. “For many years now, eCommerce shopping experiences have consisted of a search bar and a long list of item responses,” Doug McMillon, president and CEO of Walmart Inc., stated in the PYMNTS report. “That is about to change. There is a native AI experience coming that is multi-media...

Understanding the Fed’s Balance Sheet

Chair Jerome H. Powell Monetary policy is more effective when the public understands what the Federal Reserve does and why. With that in mind, I hope to enhance understanding of one of the more arcane and technical aspects of monetary policy: the Federal Reserve's balance sheet. A colleague recently compared this topic to a trip to the dentist, but that comparison may be unfair—to dentists. 1 Today, I will discuss the essential role our balance sheet played during the pandemic, along with some lessons learned. I will then review our ample reserves implementation framework and the progress we have made toward normalizing the size of our balance sheet. I will conclude with some brief remarks on the economic outlook. Background on the Fed's Balance Sheet One of the primary purposes of a central bank is to provide the monetary foundation for the financial system and the broader economy. This foundation is made of central bank liabilities. On the Fed's balance sheet, the liabili...

New from AutoLink

New from AutoLink