Arnold Partners Board Recruitment
By leveraging 23+ years of financial recruiting and working with leading venture, P/E and public company investors, we offer a unique and compelling ability to help your company attract a financial expert to your Board of Directors. We specialize in attracting Audit Committee members and Audit Chairs to pre-public and public companies.
Our “Moonshot” approach to Audit Committee search stands apart. When meeting with prospective clients about Director search, we determine the leading companies in their specific industry sector and the standout thought leaders within those companies.
By doing this homework upfront, our target list of potential Directors is fully composed of those people who would be a significant addition to our client’s brain trust. Our target list is really a list of the captains of industry who would make immediate and lasting impact on the business strategy and execution for our clients. The named Director will turn heads upon appointment.
We look forward to speaking with you about your specific situation and to launching a moonshot approach to deliver exceptional results for your organization.
Board Recruitment Case Study/Success Story
After completing a successful search for the CFO for Adaptive Insights, the CEO re-engaged Arnold Partners to help recruit a very specifically profiled professional to join their Board. Adaptive was in the early stages of an IPO preparation and both the CEO and CFO thought bringing in an Audit Chair with IPO experience would be helpful as neither had been through an IPO. They turned to us to partner with them in developing the key criteria they wanted for this person. It may have been as close to a “purple squirrel” search as we have had! But in the end we found the person they wanted, and it proved to be an excellent addition to the Board.
The CEO had some specific ideas about the Audit Chair he envisioned. He wanted someone from outside of the Bay Area to broaden the mindset of the Board.
In addition, the ideal candidate would be a CFO who was also a customer of Adaptive Insights. (AI is a SaaS planning tool used by finance professionals.)
By having a sitting CFO of a customer in a geography outside of Silicon Valley, the CEO felt it would give a voice to a whole new customer base. In addition, he insisted the target person be currently a public company CFO in a SaaS company.
We took all this information and in working with the Adaptive Insights’ sales teams developed a list of 10 potential candidates who met all of the criteria. We had folks spanning the country: LA, Texas, NYC, and Boston. A superstar from Boston came up the winner and helped position the company for an IPO. Ultimately, as they were about to list on the Nasdaq, they were acquired by Workday (Nasdaq: WDAY) for $1.55B. Learn more