Succession Planning (Sometimes, you need to share leadership responsibilities.)

The newly named CEO of a $260 million distribution company hired us to find an executive who could operate the company in case he was ever unable to do so. After a nationwide search, we recruited an executive VP who – alongside the CEO – made several major acquisitions and grew the business from $260 million to over $2.5 billion in sales. The executives transformed the company into a holding corporation which ultimately became the largest privately held company in its trade area.

Over the next two decades, this company enlisted us to conduct more than 30 searches for outside talent, including four division presidents, a VP of human resources, a CFO, and an SVP of legal affairs. As a result, the business was able to upgrade human resources and IT functions and launch a legal department.