Sanofi is a multinational pharmaceutical company headquartered in Paris, France. Founded in 1973, the company has a strong presence in the global healthcare market, with a focus on developing and commercializing innovative therapies for a range of diseases and conditions.
Sanofi operates in several therapeutic areas, including diabetes, cardiovascular disease, oncology, immunology, and rare diseases. The company's product portfolio includes both prescription and over-the-counter medicines, vaccines, and consumer healthcare products.
Sanofi is committed to sustainability and corporate social responsibility and has a range of initiatives focused on environmental sustainability, social responsibility, and ethical business practices. The company is also involved in numerous partnerships and collaborations with academic institutions, healthcare organizations, and other industry players to advance medical research and improve patient outcomes.
The Consumer HealthCare (CHC) division operates as an independent business unit within Sanofi, with a dedicated team of nearly 500 individuals, a distinct budget, culture, and a governance board. However, the CHC relies heavily on Sanofi's digital and IT infrastructure, which includes a shared team. Recently, the CHC initiated the process of separating from Sanofi to become an independent entity, which is a complex undertaking.
Unfortunately, the CIO who led this initiative decided to pursue a different career opportunity. We were then retained to find a replacement CIO for the CHC, based in either Paris or Atlanta, with expertise in Fast Moving Consumer Goods (FMCG) and supply chain operations. Additionally, the ideal candidate should possess extensive experience in Mergers and Acquisitions, and more importantly, should be skilled in spinoffs and separations, a capability currently absent from their board. The success of this project is paramount, and it must be executed with minimal disruption. Furthermore, the client emphasized their commitment to diversity, equity, and inclusion, requiring our search to prioritize prospects from diverse backgrounds and genders.
We presented our search methodology to the client, highlighting our approach to each project. Our search process involves a dedicated lead, co-lead, and two research analysts, who hold bi-weekly steering meetings to ensure progress and adherence to the client's specifications. This approach has yielded a 100% placement rate in our previous searches. We assigned our research team to operate across multiple time zones, ensuring continuous progress and swift execution. To further expand our reach, we leveraged our private equity network and engaged with international diversity organizations that promote diverse representation within the IT industry. The client was fully committed to our process, and we were able to establish a productive partnership.
By working through this process, in close collaboration with key stakeholders at Sanofi, our client was able to place the optimal candidate for their position.