PLACEMENT NEWS – CFO at AVIC International-backed AIM Altitude

Directorbank places CFO at AIM Altitude, a specialist in aircraft cabin interior design and manufacturing backed by AVIC International.

Read the full case study here.

“Using Simon and the Directorbank team to identify a high calibre CFO was straight-forward and obvious. Their eagerness to understand the business, to thoroughly map the target market and beyond, and to keep me informed was superb and has led to the appointment of an exceptional CFO. We are delighted with the impact Mark has made so far”.

Mark Edwards
CEO at AIM Altitude

“I am delighted to have secured the position at AIM. Simon put me through a thorough assessment process, presented an accurate brief of the company and role, and was there to advise me throughout the entire appointment process”.

Mark Stoddart
Successful candidate

PLACEMENT UPDATE – Interim Ops Director at Stage Capital-backed Horizon Care & Education

Directorbank places Interim Operations Director at Stage Capital-backed Horizon Care & Education, a leading specialist care provider for children with severe emotional and behavioural difficulties.

Read the full case study here.

“I have been very impressed with the proactive and organised approach taken by Lewis and the Directorbank team. We have found the process to be highly efficient and speedy, resulting in the successful appointment of a very high calibre candidate. Liz’s vast operations experience across the health and social care sector, and notable track record of achievement, make her the perfect fit for the role.”

Antoine Raoux
Partner at Stage Capital

PLACEMENT NEWS – NED at Allergy Therapeutics plc

Directorbank places NED at Allergy Therapeutics plc, a listed multinational pharmaceutical company.

Read the full case study here.

“I was extremely impressed with the process that Directorbank followed in order to identify a candidate with this specific range of experience. They produced a very strong shortlist with Dr Tunde Otulana ultimately being selected with his direct FDA experience being the key driver behind his successful appointment.”

Peter Jensen
Chairman
Allergy Therapeutics

The Chairman/CEO relationship

When the CEO sees the Chairman’s role as an imposition …

In a series of mini reports, Directorbank explores the role of the PE Chairman – the draw, the required skill set, the opportunities and the challenges, particularly concerning the relationship with the CEO, the wider management team and the backers.

This report specifically explores the Chair/CEO relationship and encompass feedback from a survey of 240 experienced PE Chairmen from Directorbank’s network.

Advice given by the surveyed Chairmen was:

  • Understand the concerns
  • Remove the threat
  • Prove your worth – provide specialist knowledge; be a good mentor and sounding board; effectively manage the Board and its processes
  • If all else fails, consider more extreme action

    Read Part 8 here.