Consumer electronics company goes into growth mode with celebrated new Chief Operating Officer
Challenged to find a chief operating officer with experience in mergers and acquisitions in the consumer goods industry, Mandrake found an exceptional candidate who proved the most successful in their new role.
Challenge
Our client, a consumer electronics company, was looking to hire an experienced executive to take on the role of Chief Operating Officer. The company’s growth strategy included the acquisition of similar businesses. To manage their growth and subsequent integration, they needed a skilled individual with demonstrable experience in mergers and acquisitions in the consumer goods industry.
Mandrake's Approach
We targeted companies in the consumer goods marketplace and found several candidates with substantial experience in carrying out and managing business acquisitions. We narrowed our search down to two candidates with extensive experience and success; one of which had an impressive career in the consumer-packaged goods industry and extensive experience across all business functions.
Best Results
With significant success in managing major acquisitions, including leading valuations, due diligence and integrations, the hired candidate demonstrated excellent marketing, financial, and operational acumen. The new COO worked with senior leadership team in the successful acquisition of two new businesses. Furthermore, when our client was acquired by a larger consumer electronics company, the hired candidate went on to become COO of the acquiring organization.