As the founder of Hunter & Esquire, an executive placement firm focused on the Cannabis industry, Bryan Passman must hire experienced IR Professionals for his clients. In this episode, he discusses what he looks for when hiring those professionals.
For smaller companies, the IR must be OK with being a department of one and be prepared to take a company public or handle it shortly after it has gone public. As for hard skills, he or she must have a solid financial foundation, a business background (MBA preferred), and good communication abilities.
As for compensation, Bryan goes over the typical structure. It is a broad spectrum of compensation, and there is usually an equity offering involved, salary, and incentives.
He also goes over interview dos and don’ts techniques and how diversity plays a role in filling the positions of heads of IR in 2023.