Board Director and Audit Committee Chair
A private, clinical-stage biotechnology company developing therapeutics, headquartered in Massachusetts.
Recruit a board director capable of adding financial expertise to our board and who is also able and willing to chair the audit committee.
Sectors: biotech, pharmaceuticals and life sciences companies
Functions: Current Audit Committee members of boards, Senior Finance Executives in operating roles.
Experience: Significant experience managing financial operations for companies with scale and complexity. Experience of public markets and auditing.
A comprehensive search process was undertaken to identify and engage suitable candidates with the experience and qualities to serve on the client’s board of directors. Consideration was given to qualifications, leadership experience and style, current composition of the board in terms of capabilities and diversity, and capacity to serve the board and committee fully.
The Successful Candidate
Our shortlist involved 10 candidates, 8 women and 2 men. All candidates were included in an assessment process to evaluate their experience and capabilities. A final 4 candidates were invited to participate in interviews with the CEO, key investors and other board members. The successful candidate was selected for her tremendous depth of financial and leadership experience in complex operating environments within the biotechnology therapeutics market. She has also shown her ability to establish and oversee an Audit Committee for a different privately held biotech organisation. Her knowledge of overseeing a major organisational restructuring which delivered value to her company also strongly contributed to her selection. Her varied experience and significant accomplishments made her an excellent selection to complement the existing board.