To replace the CEO, on a confidential basis, of an operationally complex business owned by a hedge fund. The assignment was brought to us after we had successfully placed an active Chairman at the company which is headquartered in Germany but operates across a number of European countries and sites.
We mapped all public and private equity-backed multi-site, multi-country businesses with revenues of €700m or more and significant, operational complexity across Europe in the following sectors: Outsourced Services, Real Estate, Multi-Country Leisure, Big Box Retail and Direct Competitors. Within these companies we identified all CEOs and Senior Executives and, where suitable, approached them on a general basis as we could not disclose the name of the business, or the fund, and we were not able to mention a possible CEO role. This led to us interviewing potential candidates anonymously. Despite the highly confidential nature of the search, we presented a list of international, high calibre CEO candidates with the skill set required for the business.
We successfully placed a new CEO from a FTSE 100 business, who relocated from Asia back to Europe.