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For Companies At a Glance
- Tasks: Lead strategic initiatives and oversee board performance for MAGIC AI.
- Company: Join a dynamic company revolutionising connected fitness and wellness technology.
- Benefits: Enjoy equity share options and collaborate with a passionate team.
- Why this job: Shape the future of fitness tech while driving significant market expansion.
- Qualifications: Experience in connected fitness, consumer tech, or AI; leadership in IPOs or M&As preferred.
- Other info: Commit 1-2 days per month to influence global wellness technology.
The predicted salary is between 72000 - 108000 £ per year.
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Key Responsibilities & Success Metrics
The below is not an exhaustive list and the ideal candidate would not necessarily need to tick all 4 items. This is our preferable:
1. Strategic Leadership & Governance
- Objective: Steer MAGIC AI towards a successful exit within X years
- Key Results:
- Facilitate the development and approval of a comprehensive 3-year strategic plan within the first 6 months.
2. Board Effectiveness & Oversight
- Objective: Enhance board performance and governance standards.
- Key Results:
- Attendance in monthly (transitioning to quarterly) board meetings.
- Implement a board evaluation.
3. Financial Performance & Capital Strategy
- Objective: Support the executive team in achieving financial and customer usage growth targets.
- Key Results:
- Oversee the attainment of the 100% year-over-year revenue growth (as forecasted in our Financial Model)
- EBITDA profitability by YE 2025.
- Assist in future funding rounds, intros, and process (if necessary)
4. U.S. Market Expansion
- Objective: Leverage industry connections to establish MAGIC AI\’s presence in the U.S. market.
- Key Results:
- Facilitate partnerships or collaborations with wellness and fitness providers in the respective market or assist with the GTM strategy.
Requirements
- Industry Expertise : Demonstrated success in the connected fitness industry, consumer technology, consumer health & wellness, or AI computer vision applications with direct consumer engagement.
- Track Record: Experience leading companies through IPOs or significant M&A transactions, with a deep understanding of the associated challenges and opportunities.
- US Market Experience: Strong ties to the US market, with experience navigating its unique business landscape and regulatory environment.
- Leadership: Proven ability to lead diverse boards, fostering collaborative decision-making and strategic alignment.
Commitment: Availability to dedicate approximately 1-2 days per month to MAGIC AI, including attendance at scheduled Board meetings.
- Impact: An opportunity to shape the future of connected fitness and wellness technology on a global scale.
- Appropriate Remuneration
- Equity Share Option Grant
- Growth: Be part of a dynamic, high-growth company with a clear path to significant market expansion and financial milestones.
- Collaboration: Work alongside a passionate and talented team committed to excellence and innovation.
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Chairperson employer: MAGIC
Contact Detail:
MAGIC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chairperson
✨Tip Number 1
Network strategically within the connected fitness and consumer technology sectors. Attend industry events, webinars, and conferences to meet key players and decision-makers who can provide insights or referrals for the Chairperson role.
✨Tip Number 2
Leverage your existing connections in the U.S. market. Reach out to contacts who have experience with board governance or have successfully navigated IPOs and M&A transactions to gain valuable advice and potentially secure endorsements.
✨Tip Number 3
Demonstrate your understanding of the unique challenges and opportunities in the U.S. business landscape. Prepare to discuss specific examples of how you've successfully led teams through similar environments in your previous roles.
✨Tip Number 4
Showcase your leadership style and ability to foster collaboration among diverse boards. Be ready to share instances where you’ve facilitated strategic alignment and effective decision-making in past positions.
We think you need these skills to ace Chairperson
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in strategic leadership, governance, and the connected fitness industry. Use specific examples that demonstrate your track record in leading companies through significant transactions.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your expertise aligns with MAGIC AI's objectives. Mention your understanding of the U.S. market and your ability to foster board effectiveness.
Highlight Key Achievements: When detailing your experience, focus on quantifiable achievements such as revenue growth, successful IPOs, or partnerships you've facilitated. This will showcase your capability to meet the company's key results.
Showcase Industry Connections: If you have strong ties to the U.S. market or connections within the wellness and fitness sectors, make sure to mention these. This can set you apart as a candidate who can help establish MAGIC AI's presence in the U.S.
How to prepare for a job interview at MAGIC
✨Showcase Your Strategic Vision
As a Chairperson, it's crucial to demonstrate your ability to steer the company towards its goals. Prepare to discuss your vision for MAGIC AI and how you would facilitate the development of a comprehensive strategic plan.
✨Highlight Board Experience
Emphasise your experience with board governance and effectiveness. Be ready to share examples of how you've enhanced board performance in previous roles, including any evaluations or improvements you've implemented.
✨Demonstrate Financial Acumen
Since financial performance is key, come prepared to discuss your track record in achieving revenue growth and profitability. Highlight any relevant experiences with IPOs or M&A transactions that showcase your understanding of financial strategies.
✨Leverage Your US Market Knowledge
Given the focus on U.S. market expansion, be sure to articulate your connections and experiences within this landscape. Discuss any partnerships or strategies you've successfully navigated in the U.S. that could benefit MAGIC AI.
