January 14, 2021 – JM Research, a senior-level talent supplier serving private equity buyers, portfolio organizations and Fortune 1000s, has expanded with the addition of Kevin Logterman as husband or wife in the firm’s financial officer practice. He joins present-day monetary officer observe partners Drew Pressman, Brian Dwyer and David Robinson. “We are thrilled to have Kevin be a part of our organization,” reported John Marshall, co-founder and main govt officer of JM Research. “Kevin’s prior working experience inserting CFOs and doing work with personal fairness organizations will continue on to solidify our longstanding motivation to encouraging our consumers keep on being at the forefront of making sure their organizations have outstanding monetary management in place.”
Mr. Logterman has in excess of 20 decades of govt lookup working experience, serving private equity and family-owned organizations. His target has been recruiting CEO and CFO executives for middle marketplace industrial firms with unique field expertise in automotive, chemical compounds, distribution, plastics, capital equipment and industrial expert services. He joins the organization from Slayton Lookup Companions, where by he co-led the firm’s industrial observe. Prior to that, Mr. Logterman served as a managing director with Prepare dinner Associates. He also attained government look for practical experience with Furst Search Group serving as a taking care of director.
“I am thrilled to be a part of a organization I have regarded of and competed towards for numerous yrs,” mentioned Mr. Logterman. “I seem ahead to continuing to construct the wonderful popularity of JM Lookup and support to construct the economical officers follow.”
JM Search’s CFO/monetary officers centre of excellence resources finance and accounting talent for important general public and private fairness-backed corporations trying to get significant-profile roles which include CFO, CAO, VP finance, VP treasurer, together with controller and FP&A roles reporting into the C-suite. The organization released the exercise in December. The agency has a 40-yr observe document positioning CFOs and other senior finance and accounting executives into investor-backed and public companies throughout all sectors. In excess of the past ten years, JM Lookup has positioned far more than 1,000 CFOs into public and non-public fairness owned providers. This newly focused group will assist customers in acquiring top financial management vital to enhance organization price and crank out enhanced shareholder returns.
“Since our founding 40 decades ago, JM Search has established a significant track file of partnering with providers that involve transformational leadership to help drive operational effectiveness, revenue growth and greater organization price,” said Mr. Marshall. “By formalizing this practice as a financial officers heart of excellence, we’re solidifying our long-standing motivation to serving to consumers keep on being at the forefront of guaranteeing their firms have outstanding economic management in put amidst fast transforming environments and demanded improvements brought on by a international pandemic and the long lasting outcomes.”
A Reevaluation of Management
In accordance to the latest Hunt Scanlon ‘2020 International Non-public Equity Expertise Leadership Report,’ institutional buyers ever more see portfolio organization talent administration as a crucial lever for worth generation, danger mitigation and development. And practically each PE company and their portfolio businesses – together with numerous standard companies – have specific playbooks at the ready for how to reply when the booming financial state they enjoyed in new many years eventually reversed system this yr. Absolutely everyone understood it would appear it was just a subject of when. Nonetheless, in accordance to personal equity functioning executives and their expertise leaders, no one particular was thoroughly geared up for a disruption of the magnitude of the coronavirus pandemic of 2020.
“At the main of PE’s handling of the pandemic has been a vigorous concentration on leadership” explained Scott A. Scanlon, CEO of Greenwich, Conn-dependent Hunt Scanlon. “Beyond the chief government, the roles of CFO, CHRO, heads of engineering, CISO, you name it – they have all taken on heightened importance in the deal with of this disaster. We believe in a lot of approaches, observed and unseen, that this will go on longer following COVID-19 is crushed back.”
The pandemic, in reality, has rewritten the script for several portfolio providers in search of expertise. According to a person expert, even areas of enterprises that are flourishing simply because of COVID-19 – this kind of as grocery retailer supply and telemedicine – demand that corporations make substantial adjustments or threat losing shoppers. “It suggests that we will need a reevaluation of management since we require a reevaluation of the method or the benefit development system that was in position when the investments have been manufactured,” claimed Hugh MacArthur, head of the world non-public equity follow at Bain & Firm. “There are going to be some companies that are heading to be fundamentally diverse coming out of the disaster. What’s likely to generate value in people enterprises is heading to be essentially diverse than in the past.”
Providing High Overall performance Leaders
JM Search is an advisor to CEOs, investors and boards of administrators in recruiting, examining and providing superior efficiency leaders and transformational leadership teams. The firm’s purchasers incorporate private fairness companies and portfolio businesses, undertaking funds-backed firms and publicly held firms across North The united states. Launched in 1980, the JM Research staff brings alongside one another previous operating and monetary executives, buyers and professional research pros with deep marketplace specialization, practical know-how and tested entry to talent spanning several sector sectors.
This previous September, JM Lookup expanded its focused healthcare engineering center of excellence with the selecting of industry veteran Mike Forgash. As a sponsor-backed CEO, trader, and board member in the healthcare, everyday living sciences and technology sectors, Mr. Forgash has assessed and designed management teams, lifted money from prime-tier fairness corporations, and led companies via thriving exits, reported Mr. Marshall.
Mr. Forgash stated this is an fascinating time to be a part of JM Search. “The market for investment opportunities and leadership demands produced and amplified by the COVID-19 pandemic could not make for a much more opportune time to blend our methods and aim on this escalating segment,” he stated.
In June, JM Search fashioned a focused cybersecurity practice to support public and personal equity-backed companies in identifying and recruiting higher-functionality leaders. Partners Kevin Kernan and Tom Figueroa co-direct the firm’s middle of excellence for cybersecurity management.
“Since our founding 40 years back, JM Lookup has founded a important track report of partnering with providers that require transformational leadership to enable push operational efficiency, revenue progress and improved business benefit,” stated Mr. Marshall. “By formalizing this follow as a cybersecurity leadership heart of excellence, we’re solidifying our longstanding dedication to helping consumers remain at the forefront of protection ideal techniques and innovation amidst promptly altering threat vectors, continued disruption, and essential changes brought on by a world wide pandemic and the lasting consequences”.
Contributed by Scott A. Scanlon, Editor-in-Chief Dale M. Zupsansky, Managing Editor and Stephen Sawicki, Managing Editor – Hunt Scanlon Media