Chief Financial Officer | Leading Media Company in Africa
Background
Our client, a diverse global media company, was one of the largest technology investors in the world. They operated many of the world’s leading platforms in internet, video entertainment and media. The business had three major divisions and was a household name in South Africa and Africa alike. Having grown into a multinational African business with 10,000 staff members, our client prided itself on bringing world-class news and entertainment to its huge subscriber base across 50 countries.
The Need
The search assignment was in our client’s Print Media division. The business comprised of approximately 20 subsidiaries and was facing sector–wide transformation as were many businesses in the media print space being disrupted by digitization. One of the key challenges facing the business was the ability to attract a strategically strong Chief Financial Officer (CFO) to work closely with the Chief Executive Officer (CEO) through the tough period of transformation. The company had been looking for a CFO for 24 months using two separate search firms without any success. In addition to finding a technically astute candidate, there was a specific requirement to find a candidate who could step into the CEO position in due course.
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