Recruitment of a Finance Director for Dynniq (SWARCO UK)
c.£50m
Company size
Technology
Sector
250+
Employees
Brief
Dynniq UK Ltd, now rebranded as Swarco UK, have been a leading supplier of intelligent transport systems since the 1980s, working in partnership with national network operators, civil engineering contractors, and other transport stakeholders, to deliver innovative technology based products, systems and services.
In order to support growth, the UK MD and the newly appointed Senior Leadership Team (SLT) are embarking on a significant transformation of the UK business and its operating model. CMA spent significant time with the HR Director and UK MD to develop an in-depth understanding of the people, culture and operating processes, as well as the challenges and opportunities facing the business.
Search Parameters
It was critical to identify a shortlist of candidates with the ability to add value to the SLT by demonstrating exceptional financial, strategic, commercial and operational expertise. Furthermore, a proven track record of leading business transformation in a similarly dynamic environment was deemed essential.
From the 50 prospects that met the initial search parameters, set in conjunction with the HR Director and MD, the CMA Executive team selected a long list of 21 candidates to be interviewed. The candidates were assessed by CMA’s experienced team, specifically considering whether they individuals had the skill set to lead material change in a challenging environment.
"CMA spent significant time with the HR Director and UK MD to develop an in-depth understanding of the people, culture and operating processes, as well as the challenges and opportunities facing the business. It was imperative to be clear on each of these factors to ensure a successful executive search assignment."
Outcome
Having conducted interviews with the long list, CMA and the HR Director designed a rigorous four stage interview process for
the short list which would include a meeting with the Group CFO and a trip to Amsterdam to meet Group HR Director.
This short list was further reduced to three candidates, each of which had evidenced both the capability and behaviours, verified by psychometric profiling, to support rapid growth and lead transformation projects. After roundtable discussions, a ‘front- runner’ was then selected for a final meeting with the Group CEO.
CMA’s approach and management of this recruitment exercise allowed a successful appointment to be made within the agreed timescales. This facilitated a seamless integration of the newly appointed Finance Director into the business and its existing senior leadership team which continues to go from strength to strength.
