Wednesday, 07 July 2010 18:53

Technology CEOs Report - Introduction Featured

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This Vell research report on Characteristics of Successful CEOs investigates whether common perceptions regarding the predictors of CEO success are valid. The research uses data about public technology products companies in New England with over $100M in revenues – and their CEOs.

Our research examines the correlation (or lack of) between a company’s performance and the CEO’s education, experience, tenure, age, reliance on an independent Chair, and whether the CEO came in as internal promotion vs. external hire.

Not unexpectedly, technology companies differ from other companies in many significant ways. Although we work extensively with technology CEOs, some of the findings were surprising to us. For example, the predominance of founders among companies with revenues between $100 M – $1 B was unexpected.

Each topic has three sections. The “Patterns Detected” section summarizes the underlying distribution of our data set, e.g., the percent of CEOs who were founders by company size. The “So Where Were the Differences” section reports the correlation between corporate performance and the relevant characteristics, e.g., founders vs. non-founders. The “Key Take-Aways” section highlights the most striking conclusions.

We hope that you find this study both informative and insightful. If you would like to discuss any aspect of this study further, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.. Your input will help fuel investments in future research we publish.

Best Regards,

Dora Vell, CEO

Read 22 times Last modified on Monday, 16 March 2020 16:15
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults,, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.
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