Apex Cordset Technologies
How implementing a board leveraged opportunities amidst several challenges.
While they had started exploring doing so, the Gerasis family had not yet implemented a board by the time that Apex Cordset Technologies’ founder Mr Konstantinos Gerasis passed away on 19 March 2020. As a result, his son Christos suddenly found himself in the leadership role sooner than expected and faced the hard lockdown of the COVID-19 pandemic that would come into effect just one week later.
Christos felt that implementing a formal board immediately was not the right thing to do given the difficult circumstances that the management team found themselves in during a period of uncertainty and that had not been experienced by anyone before.
Having completed Sirdar’s Applied Directorship Programme as an investment in taking over from his dad once he retired, Christos recognised the benefit of implementing an interim board. In discussion with Sirdar’s Founding Partner, Carl Bates, Christos decided to go ahead with it knowing that it would provide a supportive yet objective team to run things past at such a critical time in the life of the business.
