Working with a world-leading building materials organisation to find a new CFO

Beaumont Bailey recently partnered with one of the world’s leading diversified building materials organisations, employing over 50,000 employees across four continents. This Fortune 500 company produces a range of products for use in the construction and maintenance of infrastructure within housing and commercial projects.

SEARCH BACKGROUND

Beaumont Bailey were mandated to find a Chief Financial Officer for this particular client, someone who could take responsibility for the group’s Serbian financial operations. Due to the small and concentrated talent pool in the building materials market in the region, this search expanded beyond national borders and beyond the building materials market to include neighbouring heavy-industry manufacturing sectors.

REQUIREMENTS

It was imperative that the incoming hire possessed the necessary strategic acumen, particularly in mergers and acquisitions, in order to contribute to the development of the organisations’ strategic position together with the CEO. This holistic, externally oriented perspective was lacking within the group’s incumbent functional finance team. Therefore, the successful candidate not only had to be reinforced by a market leading financial background, but also boast a track record of strategic responsibility in previous roles, beyond purely functional authority.

OUTCOMES

Beaumont Bailey successfully placed an accredited CFO into the group’s Serbian operations, originating from outside the building materials industry. This individual’s remit was later extended to cover the Western Balkans region also. Ultimately, placing the successful candidate at the forefront of the group’s regional expansion activities.

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