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Interim Manager (VP) in place after 8 days

Quickly finding a replacement for the new subsidiary's CEO

A Swedish industrial group had just acquired a smaller competitor in another Nordic market. Soon after the acquisition, they decided to quickly recruit a replacement for the new subsidiary's CEO. After three months of searching with no luck, they decided to bring in a temporary interim CEO through Scandinavian Executive.

The industrial group had a few important requirements: the interim manager needed to be on board within one working week to keep business disruptions to a minimum. Plus, they needed experience in developing a company's sales operations and kicking off smaller efficiency programs. On top of that, the chosen interim manager would support the current CFO in keeping an eye on the company's financial assets, ensuring liquidity, and broadening access to external funding. All this while also starting to introduce the parent company's value-driven leadership and business goals, without causing any hiccups or interruptions to the business.

Scandinavian Executive, who has a network of super experienced former CEOs, was able to present the parent company's chairman with four highly skilled interim managers on the very same day. One of them was picked and started the 4-month assignment. The outcome? After just 3 months, the recruitment process was halted because the group's board was so happy with the interim manager that they appointed him as the new acting CEO for the subsidiary.

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