Blackwood’s client is a German-listed, €60bn turnover, international retail and wholesale company operating in 30 markets across EMEA and Asia. The Chairman wished to appoint a Supervisory Board Director with experience of international (including emerging) markets and retail. Blackwood was appointed for our international reach and our deep understanding of the culture of the business.
Candidates needed to have held listed company board roles previously and have recent retail executive experience. There was a requirement for the Supervisory Director to build relationships with a well-established, high-level supervisory board and to provide input to the executive management team through more informal channels. An ability to speak German or a willingness to operate through a translator was required.
Blackwood methodically mapped recently retired retail executives in Western Europe and assessed them against agreed criteria and for cultural fit. A small group of high calibre candidates was introduced to the Chairman.
The final candidate was a very recently retired executive director of a major UK based, international retailer with a broad range of international contacts within the sector and at government level. This was the first non-executive role taken by the candidate post retirement.