Palm Ventures is seeking an experienced CEO to lead their Vegan Cafe Chain. This is a full-time, flexible position located in the Stamford, CT area.
Since 1992, Palm Ventures has focused on nurturing and growing businesses that have a positive and transformative impact on society. Palm Ventures is an active family office investment company managing money for the Palmer Family. In partnership with management teams, they leverage their collective strengths and resources to tap an organization’s full potential. By utilizing new and disruptive business models, they challenge the status quo and bring about change that is good for business and good for society. On occasion, Palm Ventures brings in other family offices with specific expertise to invest in portfolio companies with them.
Palm Ventures is seeking an energetic CEO to develop and grow their Vegan Cafe Chain for the next generation. They will help build an exciting new platform, launched from a combination of the current successful base of these retail outlets, while leveraging the assets of a commissary to build new partnerships. Palm Ventures has a great team assembled, and now they are seeking an experienced executive to lead and direct the team. Successful candidates will have significant restaurant and/or hospitality experience, and a passion for healthy food.
The ideal candidate will be responsible for the vast daily activities, which include:
Drive the growth strategy tied to actionable goals for performance and short-term and long-term growth developed in collaboration with the board.
Build a world-class leadership team with the appropriate skills and cultural bias to lead the company forward.
Aggressively manage capital investments and expenses to ensure the company meets targets related to growth and profitability.
Being an expert in the development of disruptive products and/or related technology products/services, driving world class revenue growth, and being a partner to the founding team to ensure the overall success of the company.
Proven success rising through the ranks of relevant businesses, inclusive of significant restaurant and/or hospitality experience.
15+ years as a business leader with deep market knowledge; able to build and scale autonomous teams and hold them to the standard of best-in-class company programs and business practices.
Experience driving revenue through marketing, sales, etc. Proven ability to grow a business at the top and bottom line.
A high level of comfort with data analysis and performance metrics.
Demonstrated success with exceeding financial, customer and employee engagement goals amongst other relevant business metrics. History of P&L ownership, budgeting and modeling.
A builder in every sense - strategy, product, process, plans and teams. Ability to translate a strong vision into success.
Known for your relentless focus on the customer and business outcomes with a proven ability to build and inspire great teams. Highly focused on results and fundamentals.
Passionate about developing a unique best-in-class customer experience and product suite.
Have strong brand ethos; knows how to build brands and build competitive advantage with brand strength.
Commercially minded; knows how to drive growth and impact.
Ability to balance “gut instinct” with data to ensure decisiveness and momentum with internal and external stakeholders.
Ready to rapidly scale a socially impactful brand.
Brand Vision: Ability to successfully scale highly differentiated brand experiences within both physical and digital footprints. Has a strong POV and draws on a multitude of experiences.
Innovation and Entrepreneurialism: Ability to thrive in a dynamic, fast-paced environment. Relentless focus on improvement and raising the bar. Leans in harder when times are good. Balances scrappiness and execution with business maturity, prioritization, and thoughtfulness. Is curious, agile, a self-starter and welcomes challenge as a conduit to improvement. Can be creative with resources and has a history of getting things done in complex environments and flat hierarchies.
Team Leadership: Passionate, high integrity leader who can build and drive the Palm Ventures DNA across the company. A true servant leader with a player/coach mentality. Someone who can do the work when needed and can also build/inspire a team to do the work and deliver for the clients and the business. Has a bias for the importance of talent and training, and possesses the energy, sincerity, and drive to engage and build meaningful relationships, grounded in trust, with a diverse and distributed team. Genuinely excited to spend time in the business, with the team and customers, and always know the “pulse” of each. Balances inspiration and accountability. Embodies and drives the core values. Leads with calm manner during times of stress.
Growth/Optimization/Scale Mindset: Relentless and driven. A "both/and" leader who can hold both unbridled optimism and healthy skepticism/focus on mitigating what could go wrong at the same time. Has an ability to both develop a strategy and lead the organization in its execution. Can think high and low. Possesses the intellectual horsepower/problem solving ability to lead the charge on tackling complex problems. Uses data/analytics to drive business decision-making and pushes the organization to build out BI/analytics capability.
Ownership and Mastery of Craft: Focused on outcomes utilizing ruthless prioritization. Able to deliver on commitments while installing the right amount of process to enable steady performance. Flexible in approach to deliver quality and brand excellence, in the face of high growth and unexpected twists and turns. A relentless execution expert with confidence in her/his/their expertise in core areas. Always learning, optimizing, and improving.
Collaboration and Influencing: Will have the gravitas, willingness, and ability to work effectively at all levels of the organization. Facilitates connection and collaboration across the business. Brings the “playbook” to the table but has the flexibility and humbleness to adapt to business and stakeholder needs. Will contribute skill and experience with generosity and be willing to work with anyone to drive real business impact. Balances strong quantitative and analytical skills with the emotional intelligence needed to influence organizational outcomes.
Effective Communication Skills: High integrity, no-nonsense approach. Knows how to communicate through the brand voice and at all levels of the organization. Understands how to communicate through a decentralized franchise organization with many powerful stakeholders. Quick and to the point. Welcomes candor from above and below. An active listener.
The compensation for this role is $200k-$300k plus equity.