What Makes a Great CEO?

Throughout our partnership, CEOs are expected to nail three things. Hire A-players and build a great culture, set the vision and priorities, and drive results and accountability.

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I think I'm a classic entrepreneur in that I see a gap or a problem area and I want to go solve it. So, problem solver is probably how I describe myself early in my journey. What I've learned as a CEO is to scale. I had to learn to lead through other people and that solving a problem was really nice, but executing to scale was more important. So early in the journey, problem solver, entrepreneur, I can fix this. And as businesses grew, come to realize that until I learned to lead through others, I would never create anything of significance.

Michael Burcham

Former CEO, Current Shore Chief of Strategy and Talent Development

What Makes a Great CEO Podcast Series

Lessons learned from decades leading companies and the early days of first time CEOs

PODCASTBigger. Stronger. Faster.

April 17, 2024

What Makes a Great CEO | Executives Bill Clendenen & Michael Burcham on Leadership Excellence

In this episode, “what makes a successful CEO” is answered by two great entrepreneurs, founders, CEOs, board members, and Lead Independent Directors. Bill Clendenen and Michael Burcham share the crucial attributes of CEOs, especially within private equity. They emphasize the importance of financial acumen, empowering the team without micromanaging, and the continuous education and coaching of teams. Both highlight the need for potential CEOs to develop key scaling skills like goal setting and relationship-building.

PODCASTBigger. Stronger. Faster.

May 31, 2024

What Makes a Great CEO: Part II | Executives Bill Clendenen & Michael Burcham on Excelling as a Shore Capital CEO

In this episode, seasoned executives Bill Clendenen and Michael Burcham discuss what it takes to become a successful CEO within a Shore Capital portfolio company. They highlight the importance of having a bias for action, grit, and determination, as well as the capability to lead and mentor simultaneously. They emphasize the need for true humility, acknowledging limitations, and engaging with board members for continuous improvement. The discussion also covers the critical role of storytelling in communicating vision and strategy throughout the organization.
PODCASTBigger. Stronger. Faster.

October 23, 2024

What Makes a Great CEO: Part III | Executives Bill Clendenen & Michael Burcham on Building a Winning Team

In this episode, Bill Clendenen and Michael Burcham discuss the vital role of team building for CEOs, particularly in scaling businesses. They highlight the importance of hiring a CFO early and stress the need for self-awareness in leadership. CEOs must recognize their strengths and weaknesses to assemble teams that complement their abilities. They stress that building the right team is not just about filling roles but about positioning the company for sustainable growth and long-term success.
PODCASTBigger. Stronger. Faster.

October 24, 2024

What Makes a Great CEO: Part IV | Executives Bill Clendenen & Michael Burcham on Defining, Executing, and Adapting Your Strategy

In this episode, Bill Clendenen and Michael Burcham explore the essence of strategy for CEOs, explaining how it defines a company’s plan to win, while the strategic plan outlines the steps to achieve that goal. Failing to align the organization around the strategy risks confusion and missed opportunities, making it crucial for everyone, from frontline workers to the board, to stay aligned. They also emphasize that strategy is a living tool, evolving with market changes and company growth.
PODCASTBigger. Stronger. Faster.

October 25, 2024

What Makes a Great CEO: Part V | Executives Bill Clendenen & Michael Burcham on What Gets a CEO Fired

In this episode, Bill Clendenen and Michael Burcham discuss what can get a CEO fired. They outline the CEO’s core responsibilities: setting a clear vision, building the right team, holding people accountable, and fostering a culture of success. Failing to deliver results, lacking transparency with the board, or not hiring quickly enough are key reasons CEOs are let go. The discussion emphasizes the need for honesty, decisiveness, and readiness to meet the fast-paced demands of the CEO role.
PODCASTMicrocap Moments

November 15, 2023

From Military to Medicine | Rex Adam’s Path to CEO of EyeSouth Partners

The is the second of a three-part series that features CEOs who successfully exited (or recapitalized) a Shore portfolio company. This episode features Rex Adams, CEO of EyeSouth, the nation’s largest comprehensive ophthalmology platform headquartered in Atlanta. Rex shares how focusing on people, processes, and technology helped EyeSouth exceed their growth goals. He also discusses his advice to future CEOs and his strong belief that leaders have a responsibility to develop their people.

In October 2022, Shore Capital Partners announced the sale of EyeSouth Partners, a leading provider of comprehensive ophthalmology services across the eastern United States, to Olympus Partners. Shore formed EyeSouth in 2017 with the goal of creating a leading ophthalmology platform in the South and providing the highest level of support to its practices and clinicians. At the time of founding, Shore completed a strategic partnership with Georgia Eye Partners and its founding physician, Dr. Eugene Gabianelli, was appointed Chief Medical Officer of EyeSouth. Led by Chief Executive Officer Rex Adams, EyeSouth grew its affiliate network from 5 locations to over 155 locations throughout Georgia, Texas, Louisiana, Florida, Tennessee, Ohio, Kentucky, Pennsylvania, Alabama, North Carolina and Illinois. The growth was driven by organic and M&A initiatives, as well as EyeSouth’s ability to support its affiliated practices and physician partners with strategic guidance, administrative resources, operating expertise and capital with an absolute focus on clinical quality and a patient-first culture.

PODCASTMicrocap Moments

October 3, 2024

Becoming a CEO: Lessons in Patience, Grit, and Leadership

In this episode, we sit down with Peter Roehmholdt to learn about his career, which began in KPMG audit and evolved into his current role as CEO of Great Lakes Dental Partners. Peter shares how his finance background prepared him for the CFO role at GLDP, but mentorship was key in helping him adapt to the operational challenges of becoming the CEO. He highlights the importance of patience in opening opportunities, building trust within teams, and fostering a positive culture.
PODCASTBigger. Stronger. Faster.

August 14, 2024

Behind the CXO Title: Shaping Mark Larsen’s Path to CEO

In this episode, we sit down with Mark Larsen, a CXO alumnus who now serves as the CEO of Connexure, to discuss his remarkable career growth. Mark reflects on his early days as a CXO, explaining why he chose this career path, how failure contributed to his professional development and the importance of building relationships in the microcap space. He also offers advice for aspiring CXOs on how to optimize their time in the program.