The Definition of a VP Search

A VP search is an executive search focused on filling a Vice President role — typically VP Sales, VP Engineering, VP Product, VP Marketing, VP Finance, VP People, or VP Customer Success. These roles sit below the C-suite but above functional directors, carry significant organisational scope, and often represent the first true leadership layer between the founder or CEO and the operating team.

VP searches are the most common engagement for retained executive search firms. They are also the searches most frequently run incorrectly — treated as senior manager hires rather than executive placements, with inadequate intake, active-candidate sourcing, and insufficient assessment rigour.

Why VP Searches Require Executive Search

01

The talent pool is small and passive

Strong VP candidates are typically employed. They are not responding to job postings. Reaching them requires direct outreach, peer referral, and market intelligence — the tools of executive search, not standard recruiting.

02

Stage fit is critical

A VP who excels at Series D is often the wrong hire for Series B. A VP who built teams at enterprise companies may struggle in a startup that needs a player-coach. Stage fit assessment requires depth — not a 45-minute interview.

03

Founder-VP fit determines longevity

40% of first VP hires fail within 18 months. The primary cause is not skill — it is misalignment between the VP's operating style and the founder's expectations. This is only surfaced through structured intake and honest conversation, not a standard interview process.

04

The cost of a failed search is high

A stalled VP search costs the company in hiring manager time, deferred revenue, team morale, and opportunity cost. A failed placement costs 40-60% of annual compensation in direct replacement costs — before accounting for the months of misdirection the wrong hire introduced.

VP Search: Key Benchmarks

Industry median time-to-fill65–90 days (Majhi Group: 41 days avg)
Search failure rate (stalled past week 10)68% of VP searches
Typical retained fee20–25% of first-year total comp
First VP hire failure rate~40% within 18 months
Offer acceptance rate at Majhi Group90%+

"Most founders hire their first VP the same way they hire a senior individual contributor. Same job board. Same process. Same 45-minute interview. The failure rate is not a coincidence — it is a process problem. Executive search changes the process."

The Most Common VP Searches

The highest-demand VP searches at growth-stage companies are VP Sales (the most frequent first VP hire), VP Engineering (the most technically complex to assess), VP Product, VP Marketing, VP Finance, and VP People. Each has a distinct talent pool, a distinct set of stage-fit criteria, and a distinct failure mode.