Case Studies

Executive Search: COO/CEO

Business
A mid-sized advanced engineering solutions business manufacturing high tech, lightweight composite materials with multiple applications across end markets including automotive, aerospace, marine and medical. Backed by a UK focused lower mid-market investor with over £400m under management, targeting £20 – £100m buyouts across business services and financial services.

Scope We were mandated by the board to undertake a search for three Programme Directors, each to be responsible for a distinct business unit/market segment. Reporting to the COO, these senior appointments came at a pivotal point in the company’s development and were critical in driving it forward to the next stage, responsible for expanding the customer base and moving into new markets as well as pushing continued growth within existing markets and customers.
“I would love him in the business.”
Process This was a sensitive situation giving the investor was potentially seeking to make a change at the top of the business so we were required to proceed discretely and only introduce one or two candidates who could potentially suit. The investor asked their preferred candidate to undertake a strategic review of the business which they found very useful.
Outcome The preferred candidate was a seasoned executive well-grounded in the sector having come up through the ranks in a large automotive manufacturer. He was based in Germany and relocated to join the business initially as Chief Operating Officer before being promoted shortly afterwards to the Chief Executive Officer role.
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