Karan Bilimoria, the founder of Cobra Beer, has found a happy balance when bringing in a successor. He stood back from the business and let McKeon, the successor, get on with the business operations. However, he was always available for advice and spent time once a week organising any business issues or problems with McKeon.
It's not the first time Karan Bilimoria has handed over part of the business. Throughout Cobra Beer;s lifetime, he has had a variety of financial and accounts managers take over his work, including Arthur Young (now Ernst and Young) and Dynshaw Italia (of ebookers.com). Both were very successful in their roles.
Bilimoria started the recruiment process for his next successor early, so as to hopefully repeat the impressive impact from the former two. Cobra reached a size that would attract both top candidates and enable the company to afford new employees. The company then worked with leading headhunters across the country, ending with Bilimoria personally interviewing twenty hopefuls, finally deciding on McKeon; his excellent presentation skills persuading Bilimoria that he should be his successor.
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