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Forward Share Ventures

VP Engineering Expert Operator – Dwayne King

Dwayne King serves as a VP Engineering expert operator for growth-stage companies that need experienced technical leadership without the timeline or cost of a f

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A fractional VP Engineering provides the full VP Engineering scope – hiring architecture, engineering process design, technical roadmap alignment, team culture, and incident management – for companies that need VP-level engineering leadership without the four-to-six month timeline of a full-time executive search. Dwayne King has operated in this role across SaaS, fintech, and AI-native products, stepping in as the operating VP Engineering from day one.

The early warning signs that an engineering org needs VP-level leadership now

Most engineering orgs that need a VP Engineering are not in crisis – they are in a slow decline that is easy to rationalize. Sprint completion rates are trending down but still above 60%. Senior engineers are mentioning "process friction" in 1:1s but not enough to flag urgently. The CTO is spending more time unblocking engineering decisions and less time on technical direction. The last two hires took longer than expected and two candidates declined offers for reasons that were not fully understood. Each of these signals in isolation is manageable. As a pattern, they indicate that the engineering org has grown past the informal leadership model that was working at the previous scale and needs a VP-level operator to build the next layer.

What Dwayne covers in the fractional VP Engineering scope

Dwayne operates as the VP Engineering – not as a consultant who reviews and recommends. He owns hiring (job descriptions, interview design, offer decisions), engineering process (sprint cadence, code review standards, incident response), technical roadmap alignment (weekly syncs with product and design, ensuring engineering is building against the right priorities), and team culture (1:1 cadence with senior engineers, promotion process, performance management). He attends leadership team meetings as the engineering voice and represents engineering in board presentations where relevant. The CTO remains the primary technical visionary; Dwayne owns the engineering organization's operating effectiveness.

When to bring in a fractional VP Engineering versus waiting for a full-time hire

A full-time VP Engineering search at a growth-stage company typically takes four to six months from opening the role to the hire's first day. During that window, the engineering org is either operating without VP-level leadership (which often produces the slow-decline pattern above) or the CTO is absorbing the VP Engineering scope (which typically means technical direction suffers). A fractional VP Engineering starts within weeks. Dwayne frequently assists with the full-time search while operating in the role – writing the job description, reviewing candidates, and ensuring a clean handoff when the permanent hire is ready. The company does not lose momentum during the search.

A STAR case from the Forward Share Ventures network

Situation: A Series B fintech company at $18M ARR had 28 engineers and no VP Engineering. The CTO had been absorbing the VP Engineering scope for seven months following a departure. Engineering sprint completion rate was at 58%, three senior engineers had flagged burnout concerns, and two hires in the prior quarter had declined offers citing "unclear engineering culture." The board had flagged engineering velocity as a Series C readiness risk.

Result: Dwayne joined in week two after engagement. He ran a four-week engineering operating audit, redesigned the team structure into four squads, implemented a new sprint cadence with structured retrospectives, and established a 1:1 program for all eight senior engineers. He also reopened the VP Engineering search and assisted the CTO in interviewing candidates. Sprint completion rate reached 74% within one quarter. The next two hires both accepted offers, both citing the engineering culture clarity as a factor. The full-time VP Engineering was hired and onboarded in month five of Dwayne's engagement.

Forward Share Ventures expert operators are selected from a verified STAR Portfolio™ of documented outcomes. Cases are shared with client permission.

"Engineers know when there is no one who owns their team's operating effectiveness. They do not always say it directly – it comes out as 'the process is unclear' or 'communication is hard' or 'I'm not sure where my career is going here.' Those are VP Engineering problems, not CTO problems. When those signals are present and there is no VP Engineering to address them, the best engineers start looking."

– Dwayne King, Engineering Expert Operator, Forward Share Ventures

Frequently asked questions

What does a fractional VP Engineering actually own versus the CTO – where is the line?

The CTO owns technical vision and strategy – the technology choices that determine the company's long-term technical direction, the architectural decisions that shape the product's capabilities, and the external technical credibility of the company with investors and enterprise customers. The VP Engineering owns the engineering organization's operating effectiveness – how the team is structured, how work gets planned and executed, how engineers are hired, developed, and retained, and how the engineering process enables product velocity. In companies where the CTO is also operating as VP Engineering, the most common symptom is that technical direction suffers because the CTO's time is consumed by organizational and process work. Dwayne takes the organizational and process scope so the CTO can own what only they can do.

How long does it take a fractional VP Engineering to get up to speed and be operating effectively?

A fractional VP Engineering with relevant experience can be operating effectively within two to three weeks. The first week is diagnostic – reviewing the team structure, meeting the engineering team through 1:1s, reviewing the sprint data and incident history, and assessing the current process infrastructure. The second week is priority-setting – identifying the two or three most pressing issues and beginning to address them. By week three, the fractional VP Engineering is running the operating cadence, attending leadership team meetings as the engineering voice, and has made at least one meaningful change to the engineering process. The full operating picture – team structure, hiring plan, and process infrastructure – is typically in place by week eight.

When do you need a fractional VP Engineering versus waiting for the full-time hire to come through?

The cost of waiting is highest when the slow-decline signals are already present: declining sprint completion rate, senior engineer retention risk, or hiring conversion rate dropping. Each of those signals, if unaddressed for four to six months while the full-time search runs, compounds into a more expensive problem. A fractional VP Engineering starts in weeks, stabilizes the situation, and typically assists in the full-time search – writing the job description, evaluating candidates, and ensuring the permanent hire has a clean operating system to inherit. The marginal cost of the fractional engagement is almost always less than the cost of compounded engineering org problems during a six-month search.

What does a 90-day fractional VP Engineering engagement with Dwayne King produce?

By day 90, the engineering organization has: a documented team structure with squad design and tech lead appointments, a hiring plan and active pipeline for open roles, a sprint cadence with structured ceremonies and documented templates, a code review standards document, an incident response process, a 1:1 cadence for all senior engineers with documented development plans, and a technical roadmap alignment process with product and design. Dwayne also delivers an engineering org health report – a written assessment of the organization's current state, the changes made in the engagement, and the areas that require ongoing attention. This report is written for both the CTO and the board, so both have a current view of engineering org health.

What are the early warning signs that an engineering org needs VP-level leadership before the situation becomes a crisis?

Five signals, in order of urgency. First, declining sprint completion rate – if the rate trends below 70% for two or more consecutive quarters without a clear external cause, the operating model is not keeping pace with team size. Second, senior engineer 1:1 signals – phrases like "career path is unclear" or "I'm not sure who owns this" repeated across two or more senior engineers indicate an ownership and development gap at the VP level. Third, declining hiring conversion – if candidates are declining offers at a higher rate than before, often citing culture or clarity reasons, the engineering brand has weakened. Fourth, CTO time allocation shifting toward organizational issues – if the CTO is spending more than 30% of their time on people and process rather than technical direction, the VP Engineering scope is unfilled. Fifth, missed engineering commitments to the board – if engineering delivery is a recurring board agenda item for the wrong reasons, VP-level leadership is needed.

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