Private Equity seeks more (and better) CFO’s
“Our research has shown that during 2017
there was a 46% increase in demand for CFO’s by Private Equity”
Norman Broadbent Interim Management
Research conducted by Norman Broadbent Interim Management has shown a marked increase in demand for interim CFO’s within Private Equity owned companies. As investors strive to generate the best, most sustainable returns in the shortest possible time, they will often ‘swap out’ an existing CFO for one with a turnaround/value-build mind-set, skills and experience to effect change quickly.
Commenting on the research findings, Angela Hickmore Managing Director of Norman Broadbent Interim Management said:
“It is unsurprising that Private Equity investors are increasing their usage of Interim Executives as post-acquisition having the best management team in place is critical. Experienced Senior Interims are highly skilled professionals, who embed themselves into the business and its issues quickly. As outcome-driven individuals, they work at pace and understand the need for focussed management and results. They are ideal for a PE environment.”
She added “As investors face complex business issues within their portfolios, Private Equity is clearly becoming more reliant than ever on Senior Interim Professionals. As the industry grows, it is this kind of interim talent who are often best positioned to make the biggest impact. This isn’t just at C-Suite level, but also across areas such as Finance, Operations, Sales, Marketing/Distribution, Digital and Supply Chain.”
About Norman Broadbent Group
Norman Broadbent Group Plc (LON: AIM) specialise in Leadership Acquisition & Advisory services. With a 40 year track record, our service offerings include Board & Leadership Search, Interim Management, Research & Insight and Leadership Consulting.
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