FIA reveals particulars of latest CEO position as search continues - Motor Informed

FIA reveals particulars of latest CEO position as search continues

Including a CEO to the organisation was one of many said 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 conserving correct management of its funds.

In February he created a CEO Recruitment Working Group with the aim of determining exactly what the job would involve and the skills required. 

The seek for candidates for the Geneva-based job is now persevering with by way of headhunting company Russell Reynolds Associates, and no deadline for functions has been given.

In a job specification put collectively at the side of the company the FIA says that “it needs to recruit a commercially oriented and transformative chief to modernise the organisation and to reinforce the worth that it delivers to its various 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 can be answerable for growing 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

Mohammed Ben Sulayem, President, FIA

Photograph by: Carl Bingham / Motorsport Images

It provides that “the important thing priorities for the brand new CEO can be stabilising the FIA’s funds, streamlining the governance buildings and operational processes, and growing its govt management capabilities to help 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 obligations of the brand new CEO can be “growing business development plans to extend and diversify the FIA’s income streams, in help of members’ personal enterprise actions (and by no means in competitors with them)”.

The CEO’s position will additional embody “returning the FIA to profitability and enhancing its long-term general monetary efficiency, each via 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 world business enterprise or complicated organisation of comparable scale to FIA’s administrative organisation”.

Though candidates are usually not 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 needs to be obsessed with motorsport and/or the worldwide mobility transformation, and their vital roles in society,” it says.

Among the many private abilities anticipated from candidates are a “low-ego and humble method, recognising that the organisation exists to help its international members; encourages others to share the highlight and visibly celebrates and helps the success of the staff”.



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