New chair was placed within one month, replacing previous Chair of ten years.
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Simon Waugh of CMC Markets approached La Fosse Associates as he was stepping down after 10 years as Chairman on the Non-Executive Board based in Australia.
CMC Markets are headquartered in the UK and are one of the largest CFD and spread betting businesses in country. However, around 2/3rds of their revenue is generated from the Asia-Pac region.
With no Sydney-based office (unlike the other Search firms with whom La Fosse was in competition), La Fosse delivered a shortlist of high quality candidates in the space of 72 hours after an initial brief, for Simon to review.
Based on the strength and speed at which the profiles were sent across, Simon decided to engage La Fosse on the Search and initial interviews were booked in with the Executive team within the week. La Fosse successfully arranged initial phone and latterly face-to-face interviews in CMC Markets' Sydney offices with three candidates, two of which were progressed to the final stage interviews within three weeks.
Within a month, the successful candidate was selected by the client, however the alternative final-stage candidate was so strong that CMC Markets now intend to bring them on board as a Non-Executive Director later this year.
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