Services Provided
- Interim CEO focused on restructuring, increasing margins and expanding the company. 2-year project and a 1-year renewal in order to ease the transition process
- Execution of 2 Buy-side and 3 Sell-side M&A transactions
- Participation in the consulting board since 2013 and in the administration board since 2016.
Implementations
- Management professionalization through the implementation of an organizational chart
- Result-driven management: discontinuing clients, regions and products with low margins
- Strict financial control and planning: implementation of committees and better corporate governance habits
- Structuring and implementation of the report methodology for shareholders (value creation process monitoring)
- Implementation of a variable pay plan for the main managers and a partnership model for the directors
- Preparing the company for the external audit and M&A process
- Integration of the directors and consulting board with German group Bertelsmann/Arvato
Achievements
- EBITDA 5 times bigger 24 months after Setter joined the company
- Net loss reversal to a net margin superior to the industry average
- Success in the sell-side transaction to Bertelsmann/Arvato group