Case study: Non-Executive Director

Case study: NON-EXECUTIVE DIRECTOR

Finance focused for a small hospitality business

£45,000 annual fee

1.5 days a month work

• Working with a small restaurant group to support them as they look to list on an alternative market.
• We spent time speaking with the executive leadership to map where their board was and truly identify what needs they had and broad purpose going forward.
• As the business was looking to list and at the time the board was dominated but current investors, it was determined that finding a NED who could either lead the board or drive the financial decision-making at the board level would support both the business and the founder's ambitions. 
• We delivered a dual search, seeking to identify both chair people and Finance Focused NED’s 
• We worked backwards, using market information to identify businesses and individuals who had gone on a similar journey.
• We created a dual shortlist and market mapping to allow comparison of different individuals across the two skill areas.
• Top candidates from both the Chairperson and NED shortlists were identified. 
• After the first round of interviews, it was identified that focusing on a Non-executive with a Finance background would be the best fit for the business. 
• The interview process includes formal discussion, discussions with investors and quality time with the founder and team.
• The majority of interviews took place across a 2-month period, moving from shortlisting to focused meetings with 1 candidate within the 1st month.