ADAPT was engaged by two high net wealth family offices to conduct a confidential executive search process to appoint their Chief Executive Officer (CEO).
Our client is a joint venture family office who have invested over $20m combined into what will be one of Australia’s most sought after economic precincts located in Victoria. After seven successful years with their current CEO, the board decided to appoint a succession plan with immediate effect. ADAPT were appointed to run this critical long-term CEO search across the Australian marketplace.
It was agreed with defined deliverables that the to be appointed CEO must bring with them significant complex property portfolio and development management experience on tightly held long term assets. Having created, delivered and maintained long term shareholder value through commercial and retail property assets was seen as an important criterion, as well as a track record working with family office – private equity backed investment groups.
After an accelerated six-week executive search process, ADPAT delivered a diverse shortlist to the shareholders to consider with one key priority at the forefront; experience with private entrepreneurial families/individuals. Post a rigorous interview process which ADAPT led for our client, the successful executive appointed was viewed by the board as a long term (five to ten year) partner for their group and someone who was culturally aligned to both family interests.
ADAPT is a privately owned independent executive search and human capital advisory firm based in Melbourne.
ADAPT Executive Search & Advisory
Level 5 / 468 St Kilda Rd
Melbourne Vic 3004
P 03 8576 8064
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