Leading Edge Technology and Sources for Business Expansion

Client :  Undisclosed
Date :  September 10, 2014
Services :  Fashion & Beauty Retailer
Website :  Undisclosed

Delivered Specialist Interim Finance Skills Within 10 Days

Our client is a global fashion and beauty retailer. In 2014 the company faced a challenging global trading environment with a strong impacting their pre-tax profit and share-prices halving over the year. Against this difficult backdrop, they are successfully progressing with ambitious growth plans. To execute, the incumbent CFO’s agenda evolved into the role of COO, incorporating retail and the international expansion on top of IT and supply chain. This move coincided with the departure of two divisional finance directors which left the finance function somewhat exposed.

Research & Analysis

The departures came at a sensitive time and speed was of essence to steady a ship in rough waters. ESI proposed an interim solution. Good interim managers have a special combination of qualities that are hard to find in a permanent executive. They are functional experts, capable of managing themselves, focused on delivering to the task in hand and able to inject energy and add value from day one.

Project Driven Results

Day 1: Client Brief
Day 2: Shortlist within 24 hours
Days 4/5: Interviews, client interview shortlist
Days 8/9: Client interviews, appointment

Specific PLC Retail CFO/FD experience was needed at short notice to assist in the redevelopment of the finance function. With annual results due out, this process needed to be turned around within 10 days.