Case Study:
CFO Search and Placement

Case Study:
CFO Search and Placement

Case Study:
CFO Search and Placement

The Situation:

A $5 billion publicly traded manufacturing company retained CLCB to recruit an experienced CFO to lead all finance and accounting for the global enterprise. The CEO and Board’s mandate was to successfully partner with the executive leadership team to transform the business, optimizing their footprint, processes and overall expenses, thus driving significant margin improvements.

The Process:

The CLCB search team conducted a comprehensive listening tour with the CEO, select Board members and select executive team members through a series of on-site and virtual meetings.  As a result, a detailed position description, search strategy, and ideal candidate profile were produced to create alignment between CLCB and client. Through deep research and aggressive sourcing, the CLCB team recruited and presented a well-rounded slate of candidates and over subsequent weeks partnered intimately with client to conduct rigorous evaluation of a group of finalists, ultimately resulting in a successful close of the search.

The Results:

CLCB successfully recruited an experienced finance executive with demonstrated experience in enterprise-wide transformation of a global manufacturing company. The CFO, in partnership with the Board and executive team, successfully consolidated real estate, invested in technology and automation that allowed for reduction in labor costs, and sold a less profitable division, thus resulting in significant margin improvement and ultimate growth of the business.