A leading middle-market advisory firm looking to build out their Office of the CFO function in Chicago. The client had a specific goal of bolstering gender and racial equity at the Executive level within the OCFO practice.
The client approached us to hire a Senior Managing Director (Partner equivalent) who could generate more than $5M in fees, based in the Chicago area. Given the importance the client emphasized on increasing diversity at the firm, the aim was to support the expansion of the Chicago OCFO office by creating a condensed, highly targeted pipeline over the course of 12 weeks. Timeline expectations were set longer than Eastward standard due to the nature of the search; typically diverse candidates are harder to source and close, creating an elongated process.
We jointly developed a storyboard, marketing campaign (for talent purposes and employer branding online), go-to-market narrative and assistance with structuring their approach. We crafted the marketing, search approach and, once approved, carefully mapped the market for individuals who fit the exact brief.
Eastward managed a full Retained Search involving market mapping, candidate targeting and a managed approach, to interview and screen a suitable longlist and develop a shortlist for the client to interview.
Extremely high-caliber candidates
Eastward Partners introduced a total of 8 extremely high-caliber candidates, each of which made it to interview stages, ultimately leading to 3 hires instead of one. One Senior Managing Director and two Managing Directors, all of whom identify as diverse, were placed successfully.
The recruitment process was concluded in 4 months and deemed an absolute success.
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