THE REASON FOR THE SEARCH 

The Private Equity firm is currently looking to replace its current CFO. They are looking for a new CFO for their portfolio consumer service business to drive the business forward and bring it up to speed and meet targets.

THE PRIVATE EQUITY FIRM

Ceiba Capital Partners invests at the intersection of proven performance and potential. Their mission is to accelerate growth by investing in people and technology to build market-leading organizations. They work with their portfolio companies to adapt, innovate, capitalize, and thrive on demographic, secular, and social trends that are relevant to their portfolio companies' industries, markets, customers, and employees. Their core values are transparency, integrity, accountability, and discipline.

THE PORTFOLIO COMPANY

Nano Hearing Aids is a leading direct-to-consumer (DTC) designer and online retailer of its own affordable, branded hearing aids, on its website and over the phone. The Company offers both completely-in-canal (CIC) and behind-the-ear (BTE) hearing aids. Nano is one of the fastest-growing hearing aid companies based in the US. All of their devices are FDA registered and designed and engineered by their experienced specialists.

THE SEARCH REQUIREMENTS

• 5 years of experience as a CFO
• 5 years’ experience working for a PE-backed company
• Investment banking experience
• Experience working digitally
• E-commerce experience
• Online retail experience
• Can successfully drive records
• M&A experience

WHY RAW SELECTION

Ceiba Capital Partners had exhausted their network and the candidates they sourced lacked the requirements needed. Their search had become urgent and they wanted to hire as soon as possible.

The main challenge of this search was that the firm wanted to do a '90 days hire' to test the CFO before committing to fully hiring them. However, Naya, Senior Associate at Raw Selection, was able to source a candidate who was happy to agree to the firm's processes due to being eager to work for them. He slotted in extremely well with the culture and the people and met all of the search requirements.

Raw Selection is proven in completing difficult searches and securing a candidate who matches the firm, the requirements, and the culture. We provide a meticulous search process and strive to fulfill even the most challenging cases.

THE PROCESS

To secure the candidate, Raw Selection followed their extensive 15-step process to ensure a great match was found for this vacancy.

Raw Selection commences every search by discussing and understanding the full search requirements and brief. Raw Selection’s Senior Associate, Naya Okereke, led the search and with the cooperation of Justin Crane, Hiring Manager of Ceiba Capital Partners, built out a full picture of the company, the employees, the culture, and exactly the type of profile that was needed to succeed in this position.

After conducting over 160 screening calls and interviews, Raw Selection identified an exceptional individual, Jeff Stromberg, who was subsequently hired for the role.

Raw Selection followed our extensive 15-step search process, identifying 21 potential profiles which were fully evaluated and then cut down to a shortlist of 8, all of whom had been fully interviewed and measured for culture fit.

Overall, Raw Selection completed a very successful search within 88 days.

Nano Hearing Aids now has a CFO to drive the business forward and bring it to new heights.

From this search, Naya has built and gained a great relationship with a new client. This was due to her delivering an exceptional service throughout the entirety of the process, which subsequently led to the client saying they would choose us on any other future searches.

THOUGHTS ON THE CANDIDATE

"Kevin Flick was very professional and kept me informed all the way through. He is an exceptional candidate and one of the best I’ve worked with. I thoroughly enjoyed working with him and I am glad I was able to close the deal for him."

Naya Okereke – Senior Associate at Raw Selection

THE CANDIDATES THOUGHTS

"Naya is the best! Her professionalism, expertise, and personalized approach throughout the entire process was matchless. She took the time to understand me and my aspirations. She worked closely with me every step of the way to ensure that I was on track. I highly recommend working with Naya to anyone who is looking for a role and wants to maximize their success. She is one special lady!"

Kevin Flick – New CFO for Nano Hearing Aids

GET IN TOUCH

Raw Selection favors a meticulous approach to talent research. Our process for selecting the right talent means we can boast a 100% success rate for all our retained and engaged clients, with 96% of placed candidates still in their roles after 12 months.

If you are looking for new talent, please get in contact with Naya today, at naya.okereke@raw-selection.com