Example Client Case Study
Theadore Sthal
Industry - Utilities
Title Sought - Senior or EVP of Operations
Career Objective - Unsure
Search Objective - Placement in equity position opportunity or switch industries
Candidate Issues:
- Age - 47
- Currently Unemployed due to take-over
- Severance package near end
- No meaningful interviews
- Network disintegrated over time
- One interview/offer - too low
- Paid corporate outplacement program isn't working
- Internet mailings and responses inappropriate/not working
- Resume not getting responses
- Willing to wait on "ideal" company
Financial Concerns:
- Now borrowing against 401-K
Major Placement Difficulties:
- Desired employment within 6 months
Campaign Strategy:
- No MBA
- Family issues
Stewart Cooper & Coon Performance Summary:
- Complete Team has Contacted Client - 6/13/2009
- Executive Package Prepared - 7/2/2009
- Search Strategy and Tactics Plan - 7/20/2009
- Resume Distributed - 8/6/2009
- First Interview - 10/14/2009
- Offer Made - 12/20/2009
- Offer Accepted - 1/02/2010
- Previous Salary - $164,000
- Income Sought - $200,000
Negotiated Compensation:
- Salary - $196,000
- Performance-based Bonus Plan to 40% of Base for Company Turnaround
- Preferred Stock - within first 90 days of employment
- Stock Options Awarded - 25,000 shares
- Moving Package - triple gross up
- Bridge loan
- First Class Travel Overseas
- Special overseas insurance package - $1,000,000
- Country Club Membership for entertaining
TOTAL Campaign Length - 6.9 months (206 days)
