August 10, 2022

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Business is my step

JM Look for Expands Economic Officer Apply

5 min read

January 14, 2021 – JM Lookup, a senior-amount expertise company serving private fairness investors, portfolio corporations and Fortune 1000s, has expanded with the addition of Kevin Logterman as partner in the firm’s monetary officer follow. He joins current economic officer practice partners Drew Pressman, Brian Dwyer and David Robinson. “We are thrilled to have Kevin be part of our agency,” mentioned John Marshall, co-founder and main govt officer of JM Lookup. “Kevin’s prior knowledge placing CFOs and operating with non-public equity companies will continue on to solidify our longstanding motivation to helping our clients stay at the forefront of making sure their companies have exceptional economic management in location.”

Mr. Logterman has over 20 a long time of govt look for encounter, serving non-public equity and relatives-owned organizations. His concentration has been recruiting CEO and CFO executives for center market industrial corporations with particular marketplace expertise in automotive, substances, distribution, plastics, money gear and industrial products and services. He joins the company from Slayton Look for Associates, exactly where he co-led the firm’s industrial practice. Right before that, Mr. Logterman served as a taking care of director with Cook dinner Associates. He also gained govt lookup expertise with Furst Search Group serving as a managing director.

“I am enthusiastic to be part of a company I have known of and competed in opposition to for several yrs,” claimed Mr. Logterman. “I glimpse forward to continuing to make the wonderful popularity of JM Lookup and enable to develop the fiscal officers observe.”

JM Search’s CFO/monetary officers centre of excellence sources finance and accounting expertise for important public and non-public fairness-backed businesses looking for substantial-profile roles such as CFO, CAO, VP finance, VP treasurer, along with controller and FP&A roles reporting into the C-suite. The agency launched the practice in December. The company has a 40-calendar year keep track of document placing CFOs and other senior finance and accounting executives into investor-backed and general public organizations across all sectors. In excess of the past decade, JM Search has put more than 1,000 CFOs into general public and personal equity owned firms. This newly devoted team will help customers in obtaining top rated money management required to boost company value and crank out enhanced shareholder returns.

“Since our founding 40 years in the past, JM Search has established a major track record of partnering with organizations that involve transformational leadership to help travel operational efficiency, income growth and improved organization value,” said Mr. Marshall. “By formalizing this apply as a monetary officers center of excellence, we’re solidifying our extended-standing commitment to encouraging purchasers keep on being at the forefront of making certain their providers have fantastic financial management in spot amidst quickly altering environments and needed modifications brought on by a worldwide pandemic and the lasting consequences.”


A Reevaluation of Leadership

According to the latest Hunt Scanlon ‘2020 International Personal Fairness Talent Leadership Report,’ institutional buyers significantly see portfolio business expertise administration as a very important lever for benefit development, danger mitigation and progress. And virtually every single PE company and their portfolio companies – alongside with lots of traditional providers – have thorough playbooks at the ready for how to respond when the booming economic system they savored in current decades ultimately reversed study course this yr. Anyone understood it would arrive it was just a issue of when. Nonetheless, in accordance to non-public equity working executives and their expertise leaders, no one was entirely ready for a disruption of the magnitude of the coronavirus pandemic of 2020.

“At the main of PE’s dealing with of the pandemic has been a vigorous concentration on leadership” reported Scott A. Scanlon, CEO of Greenwich, Conn-centered Hunt Scanlon. “Beyond the main govt, the roles of CFO, CHRO, heads of technologies, CISO, you name it – they have all taken on heightened significance in the face of this crisis. We think in lots of methods, noticed and unseen, that this will proceed lengthier right after COVID-19 is beaten again.”

The pandemic, in fact, has rewritten the script for a lot of portfolio providers in search of talent. In accordance to a person skilled, even spots of enterprises that are thriving because of COVID-19 – this kind of as grocery keep delivery and telemedicine – desire that firms make enormous changes or possibility shedding buyers. “It suggests that we want a reevaluation of leadership simply because we will need a reevaluation of the tactic or the benefit generation prepare that was in place when the investments ended up manufactured,” stated Hugh MacArthur, head of the world wide non-public equity follow at Bain & Enterprise. “There are likely to be some firms that are heading to be essentially distinctive coming out of the crisis. What’s likely to make value in these companies is likely to be essentially diverse than in the previous.”


Offering Substantial Overall performance Leaders

JM Lookup is an advisor to CEOs, traders and boards of administrators in recruiting, assessing and delivering higher performance leaders and transformational management teams. The firm’s clientele include things like non-public equity companies and portfolio companies, venture money-backed corporations and publicly held firms across North The us. Launched in 1980, the JM Lookup staff delivers together former functioning and fiscal executives, buyers and expert search professionals with deep marketplace specialization, useful abilities and tested entry to talent spanning numerous marketplace sectors.

This previous September, JM Search expanded its devoted healthcare know-how heart of excellence with the choosing of marketplace veteran Mike Forgash. As a sponsor-backed CEO, investor, and board member in the healthcare, lifetime sciences and know-how sectors, Mr. Forgash has assessed and built management teams, elevated capital from best-tier equity companies, and led firms by way of prosperous exits, explained Mr. Marshall.

Mr. Forgash mentioned this is an fascinating time to be part of JM Search. “The current market for investment options and leadership requirements developed and amplified by the COVID-19 pandemic could not make for a extra opportune time to combine our means and focus on this rising segment,” he explained.

In June, JM Search formed a focused cybersecurity exercise to aid public and private fairness-backed businesses in identifying and recruiting large-functionality leaders. Partners Kevin Kernan and Tom Figueroa co-direct the firm’s centre of excellence for cybersecurity leadership.

“Since our founding 40 years ago, JM Look for has proven a significant monitor document of partnering with corporations that need transformational leadership to help push operational performance, revenue expansion and elevated company value,” explained Mr. Marshall. “By formalizing this observe as a cybersecurity leadership centre of excellence, we’re solidifying our longstanding dedication to helping clientele keep on being at the forefront of security most effective methods and innovation amidst fast changing danger vectors, continued disruption, and needed modifications brought on by a global pandemic and the long lasting consequences”.

Contributed by Scott A. Scanlon, Editor-in-Chief Dale M. Zupsansky, Running Editor and Stephen Sawicki, Running Editor – Hunt Scanlon Media

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