Privately-owned Clasado is a leading innovator in the field of galacto-oligosaccharide (GOS) technology, delivering clinically proven prebiotic solutions to improve human health. The company is headquartered in Jersey, UK, with offices in Asia, Europe and the USA. Clasado holds a global leadership position in the research of gut-mediated wellness solutions and has a strong portfolio of global patent protected technologies.
Despite significant investment from the Board, Clasado had yet to deliver the anticipated results and following the appointment of a new Chairman, the company decided to appoint a new, transformational CEO to re-align, re-direct, re-energise and re-invigorate the business.
Reporting to the Board of Directors, via the Chairman, the new CEO would be responsible for determining the strategic direction for the company and be responsible for its execution including (re)establishing the business in Europe and the USA. Also, vital would be the success of an R&D programme to enable Clasado to justify and support marketing claims and new indications for its lead product.
How our approach made a difference:
This search was as much about finding someone who would be prepared to take on the role at a particularly challenging time in the company’s development as well as having the ability to deliver in post.
Our Search began with due diligence and comparative analysis of possible candidates to arrive at a shortlist. From that point, to make this search successful, we needed to be completely transparent about the task that the new CEO would be faced with so that the relationship between him/her and the Board could be based on trust and openness. Our role as professional advisors would be to encourage and aid both parties to carry out thorough due diligence on each other. We were delighted to be successful and an appointment of a high-quality candidate who has since set the company on the path to success.