REASON FOR SEARCH

The current CFO had moved locations, so the firm was looking for a full-time CFO in Texas to join their team.

THE PRIVATE EQUITY FIRM

Insight Equity specializes in partnering with companies with growth orientation or in complex or challenging situations, including corporate divestitures, bankruptcies, restructurings, and family-owned liquidity events. The firm invests in the middle market across a wide range of industries. Insight Equity’s experienced principals have acquired and managed businesses with over $4 billion in aggregate revenue since 2000.

THE PORTFOLIO COMPANY

Eddy Packing Co. Inc was founded in 1953. They are a producer of high-quality beef, pork, and poultry products, and provide a diversified portfolio of branded and private-label products to its retail and food service customers.

The firm is based in Texas, and its premium meats are featured under various brands at regional grocers, large national grocery chains, restaurants, and wholesale clubs across the United States.

THE SEARCH REQUIREMENTS

• CFO experience
• M&A experience
• Manufacturing experience
• Cost accounting experience
• PE-backed experience
• Experience in food processing industries

WHY RAW SELECTION

Eddy Packing was on the lookout for a new CFO to join their team due to their expansion. They wanted to find someone who not only fit the search requirements but someone who was a good culture fit and had the capacity to develop the business. Therefore, they turned to Raw Selection, who are proven in completing difficult searches across Europe and North America.

The main challenge of this search was the given candidate criteria. They needed to be located in Texas and also have extensive experience in the food processing industries. We were able to overcome this challenge by utilizing Google maps and by performing a competitor LinkedIn search.

Alongside this, during the offer stage, we made sure to secure a good equity package for the candidates in order for them to accept the position.

THE PROCESS

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

THE RESULT

Raw Selection commences every search by discussing and understanding the full search requirement and brief. We worked with the Senior Vice President, Zack Foulk, at Insight Equity in order to build 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 218 screening calls and 27 interviews, Raw Selection identified an exceptional individual, Darci Lenehan, who was subsequently hired for the role.

Raw Selection followed their extensive 15-step search process, identifying 337 potential profiles which were then cut down to a shortlist of 3, all of whom had been fully interviewed and measured for culture fit.

The CFO immediately was able to join the business which ensured a strong handover.

THE CANDIDATE

Alex Rawlings, Founder & Managing Partner, Raw Selection

Darci Lenehan was a great communicator from our first encounter, right through to the final stages of the hiring process. She was always available and provided detailed and useful feedback constantly.

She was very detail-oriented and constantly operated in a friendly and professional manner.

OUR THOUGHTS ON THE SEARCH

After an extensive search, we identified a great CFO who was a fit for Eddy Packing Co. Inc, both in terms of experience and culture.

The CFO immediately was able to join the business which ensured a strong handover.

Alex Rawlings, Founder & Managing Partner, Raw Selection

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 C-Suite clients, with 100% of placed candidates still in their roles after 12 months.

If you are looking for new talent, please get in contact with Alex today, at alex.rawlings@raw-selection.com