Jan 15, 2025, by Management Factory
The Assignment
An Executive Interim CEO was needed for a 6-month assignment at a company within the pharmaceutical industry, with placement in France.
Outcome
Stabilization of the company’s core aspects.
Overview
Due to persistent annual losses, the French subsidiary of a Swiss pharmaceutical company was facing significant difficulties. An Executive Interim CEO stepped in to increase revenue and profit margin within the French entity.
Approach
Management Factory in Austria outlined the client’s requirements and swiftly connected with Valtus in France, who selected a suitable Executive Interim Manager.
“In Austria, we serve clients across the DACH region. When the Swiss pharmaceutical company reached out with concerns about its French subsidiary, I was pleased to refer them to my French colleague,”
Thomas Tschol, CEO & Partner
Management Factory
“A French-speaking executive interim CEO was required, and I ensured that the selected professional was experienced in multicultural settings and could build trust with the Swiss shareholder,”
Emmanuel Fretti, Partner
Valtus France.
“In Austria, we serve clients across the DACH region. When the Swiss pharmaceutical company reached out with concerns about its French subsidiary, I was pleased to refer them to my French colleague,” says Thomas Tschol, Partner Management Factory.
“A French-speaking executive interim CEO was required, and I ensured that the selected professional was experienced in multicultural settings and could build trust with the Swiss shareholder,” says Emmanuel Fretti, Partner Valtus France.
Challenges:
- Enhance efficiency and improve profitability by rethinking both the business model and the related commercial organization
- Improve reliability of operational processes and financial records
- Provide reassurance to the Swiss shareholder
- Stabilize and strengthen the teams.
“I have worked extensively in a multicultural environment, which allows me to understand how to manage the expectations of a non-French stakeholder. My role also involved providing cultural perspectives on the challenges faced in France to the Swiss management and vice versa,” says Marc Thibiant, Executive Interim CEO with 15 years of experience in General Management.
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