Case Study – Financial Officers Practice

New Group CFO leads PE-owned, multi-billion-dollar turnover company towards successful exit

Our client, a global, multi-billion-dollar turnover company, needed to recruit a Group CFO to oversee a finance function with more than 500 full-time employees.

The problem: finding outstanding talent who could hit the ground running

The challenge was twofold. Firstly, the Private-Equity-owned company has a complex, decentralised, highly operational business model with very low margins and severe working capital restrictions. They knew they needed to hire a CFO who could hit the ground running, which meant identifying candidates from companies with similar business models.

Secondly, the company had to position the organisation and the role in such a way as to attract the best talent available.

The solution: an experienced team conducts a global search for the right candidate

The recruitment project was run by a very experienced senior partner who immediately set about forming a close working relationship with the investor and board. This helped Maven Partners build a solid understanding of the exit strategy and how to communicate this to identified candidates.

Our experienced, multi-lingual in-house research team then conducted a global search to identify and map targets. This led to a shortlist of talent which was presented to the board in Europe and investors in New York, and, following a complex negotiation, a successful appointment.

The result: new Group CFO drives strategic and operational change agenda

The successful appointment of a new board member as CFO has seen the company’s strategic and operational change agenda revitalised, and the business moving toward a successful outcome for investor and board alike.

All this was achieved with minimal risk to the client due to Maven Partners’ post-completion fee model.

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