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Managed Healthcare Executive - Steve, age 42, Corporate Treasurer of a Fortune 500 company. Goal was to achieve
the CFO level in a growing organization. Completed the search process with three offers. One with a prominent investment banking
firm and a dramatic increase in income. The second with a hospital management company acquiring hospitals. The third
with a small, managed care company as their first CFO with less than $1 million in revenues. Steve chose the third offer
which was the lesser in terms of income compared to the first two but included 100,000 options at .09 cents a share.
Steve took the company public, his first IPO, whereupon the stock value was $15. per share. He and the CEO built the
company into a $400 million in revenue company and later sold it to a larger healthcare company. Initial length of search
= 4 mos. "CMR's confidence in my potential success and the innovative search tools they provided me, and the career
management evaluation they did of the three offers, were the keys to my search results...I couldn't have done it without them."
Manufacturing Executive - Rick, age 44, background in finance with a prominent consumer products manufacturer.
Started with company as CFO and later CEO, and proceeded to turn company around financially and operationally. Private
equity firm released him to assume control of the company. Rick conducted an active executive outplacement search which
resulted in two traditional CFO offers, and a third offer with one of the country's largest private equity firms. Rick
chose the opportunity with the PE firm because he would be managing eight companies and a multi million dollar income
potential to him. Length of search = 3 months. Over 3,000 contacts made. "This was actually my second
experience with outplacement and certainly the best by far. Your resources, innovative services, executive expertise
and caring meant the difference to me. Thank you."
Multinational Manufacturer - Multiple Plant Closures
Fortune 500 industry leader reduces and consolidates 174 plants down to 130 over a 3 year period with the help of CMRs'
Enterprise Group staff. Company replaced a large, national outplacement firm with CMR. Average plant closure time is 90 days.
Average plant contains over 500 employees working in multiple shifts. 50% of facilities are unionized. CMR worked
with multiple shifts, completed 97% of all employees' resumes, obtained almost 100% participation in workshops, averaged over
25 prospective employers at each Job Fair onsite, obtained WIA funding for retraining for every location, reduced lost time
accident rates, reduced Workers' Comp and Unemployment Compensation claims, and achieved 85% reemployment within 4 weeks
of each groups' separation date. “Your highly effective handling
of our plant closures saved us hundreds of thousands of dollars through your sensitivity to maintaining productivity while
reducing workers’ comp and unemployment claims and by giving our employees hope....” SVP HR
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