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Director IR

 
forum comment
#0 Director IR
 
Strategy_Group_Guy
29.05.13 00:00
 
I have interviews scheduled for a Senior Manager/Director role with a large company (roughly 10 bn EUR in revenues) Role in question supposedly offers lots of direct board exposure, future boss reports directly to CFOLooking into the future: what are my prospects after 3-4 years in IR?
 
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forum comment
#0 RE: Director IR
 
Bushy Eyebrow Partner
29.05.13 00:00
 
I think you could be earnig around 10 bn EUR.Ha ha, no seriously, "the sky's the limit".
 
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#0 RE: Director IR
 
Mr Cool
30.05.13 00:00
 
Ho hum- it'll have to be me... What's IR in this context?
 
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forum comment
#0 RE: Director IR
 
$0.02
30.05.13 00:00
 
I'll throw in the first guessInvestor Relationsand the secondIranand the third Iridiumand the fourthImaginary Realities
 
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#0 RE: Director IR
 
Arby the Manager
30.05.13 00:00
 
I did actually have to put this on into Wikipedia and some of the more creative suggestions are:1) International Rescue - (thunderbirds...)2) Illinois Railway3) Islamic Relief4) Israel AirwaysThere is maybe a joke about him being "in" I.R. Jagdesh Rao from the cartoon series "I am Weasel"... but probably a bit low-brow for this one...
 
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#0 RE: Director IR
 
detoilet Consultant
30.05.13 00:00
 
Come on guys it's Indian Refreshments It's brand strategy work for Tetley and Yorkshire tea bags.DC
 
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forum comment
#0 RE: Director IR
 
Hypothesis-driven
30.05.13 00:00
 
Strategy_Group_Guy,You didn't give us much about your background and starting point, and this will be a factor into how much of a fit a role in investor relations would be. Typically, a director or VP of IR does get interaction with the CFO and members of the management team. In some cases, you get to sit in on board meetings, but those will be likely quarterbacked by the CFO/CEO.You are the person pulling together all of the quarterly and annual investor presentations, and work with the business units and executive team to hone key messages about the company's current performance and future guidance.You can also expect a lot of interaction with the investment community (buy and sell siders), particularly if your company hosts investor day sessions. You take a lot of daily phone calls from this community... a lot.You may also at times dip into how the investor strategy aligns with the capital allocation policies of your company (dividends, buybacks, funding growth, acquisitions) and its business strategy. In some companies, the IR function doesn't [i]make[/i] the big decisions, but thinks through how to [i]message[/i] those choices with investors so that they land and keep buying the float. In other companies, you may actually get your hands dirty in coming up with the answer and selling it through internally and then into the market. It really depends.In terms of propects, the VP of IR is an eventual path ... and maybe some people can swing it to a Corp Dev role. It really depends. But it's typically not a launchpad that gives you the keys to the kingdom.If you have an ex-strategy background, there are better places to land in a publicly-trade corporate that offer more challenges and exit options.
 
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#0 RE: Director IR
 
Strategy_Group_Guy
26.06.13 00:00
 
sorry not being more precise here. IR indeed means investor relations
 
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forum comment
#0 RE: Director IR
 
Strategy_Group_Guy
26.06.13 00:00
 
Thanks, Hypothesis-driven for the insights and sorry for not replying earlier. Regarding prospects I share your point: it certainly is a role with lot of exposure to top management but seemingly limited development potential outside of IRThen again, being visible to top management means a lot (if not everything) in my company (it is an internal interview) therefore it could be a good opportunity.
 
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