The Norman Broadbent Interim CFO Practice has seen a 69% increase in demand in H1 2018 vs H2 2017. Demand has come from a variety of organisations, ranging from those in the FTSE 250 through to SMEs. In the main, clients have been seeking experienced CFOs and Senior Finance professionals with Board experience.
In summary, our research has identified that the reasons for this spike in demand is because of:
- A breakdown of relationship with the CEO
- A delayed or ‘failed’ Executive Search for a permanent hire
- M&A activity
- Issues around Financial Data Integrity and Restatement of Accounts
- A need for IPO/Sale Experience.