Retirement announcement triggers a Senior Director search
Faststream Recruitment was approached by a Board Member of a large shipowner based in Europe following the announcement of their current Managing Director’s plan to retire in the succeeding quarter. We were approached due to the relationship we held with the Board Member in their previous employment, where we had successfully delivered on recruitment briefs in a range of commercial shipping roles.
A new Senior Director requires new skills
The unexpected retirement of the Managing Director created an opportunity for the Board to consider what they would need in a new leader for the next five to ten years and what attributes would be required to continue the success of the business. It also raised the question of who was going to be the right executive search partner to recruit the person the business needed to appoint.
Kelsey Purse, Director of Shipping and Sebastian Zuliani, Manager of Shipping, represented Faststream as our executive search team and were invited to the initial briefing call for the Managing Director search opportunity. Whilst many search firms were considered, Faststream and a globally recognised, generalist executive search business were invited to a two-stage presentation assessment to become their search partner.
The search is awarded to the specialist search business
After delivering both presentations, a full proposal, along with a full and robust methodology statement, we were chosen as the executive search partner due to our proven track record in executive search work in the Maritime and Shipping sectors in addition to our reputation and network.
Our executive search team subsequently attended a thorough and detailed discussion with the Group CEO to understand the role and person specification for the Managing Director position. The client was keen to see candidates with proven success in change management, digitalisation, process, and culture reconstruction. We presented the full recruitment process, the communication plan for both potential candidates and the c-suite themselves, the timings and the information that would be shared at each stage.
Our executive search team approached their network discretely on behalf of the client. Due to the long-standing reputation of Faststream, it enabled the team to quickly reach many passive candidates that others would have had difficulty reaching.
Skills, attitudes and behaviours matrix assessment is delivered
After four weeks, our executive search team had created a long list of potential candidates for the Managing Director position. Before the submission of the longlist, the client had requested a non-biased assessment of the longlist of candidates utilising a carefully created skills, attitudes and behaviours matrix to assess each potential candidate on a rating scale. This also incorporated factors including diversity and inclusion as well as technical and commercial skills assessments. Faststream were also asked to include an evaluation of two potential candidates that had come from internal applications to the role.
Technology enables search, assessment and interviews to continue
The full longlist of candidates was invited to exploratory talks via video software so that introductions could be made, and initial assessments could be considered. The candidates who passed the initial assessment were then invited to be put forward to the first official interview stage utilising video software due to the ongoing travel restrictions created by the COVID-19 pandemic.
Our client narrowed down the shortlist to two exceptional candidates. Following a final stage interview, the successful candidate accepted the role. We discussed and implemented a relocation deal as part of the package and helped advise on visas and a successful handover transition period.
Search completed quickly and confidentially
The client was delighted by the outcome and had successfully acquired a leader who held the attributes that they foresaw continuing the success of the business as well as having the ability to make some significant changes to the business in the upcoming years.
Call one of our Executive Search teams or complete your details in the form below:
The current opportunities and challenges of the seafarer recruitment market
At the heart of the maritime industry are seafarers, the skilled and resilient professionals who dedicate their lives to ensuring the safe and efficient operation of vessels across the world’s ocea...
5 ways to attract maritime talent in Singapore
Singapore's maritime sector has long been a cornerstone of the nation's economy and a global hub for maritime activities. However, in an era of rapidly advancing technology and evolving sector dema...
The changing landscape of compensation and benefits in maritime
In today's rapidly evolving maritime sector, understanding the intricacies of compensation and benefits has become paramount. The dynamics between individuals and their compensation packages in the...
Results from the Superyacht Captain Survey Revealed
The world of superyachts, with their opulent luxury and breathtaking oceanic journeys, has long captivated the imagination of those seeking a unique and exhilarating career path. At the helm of the...
The most important people issues in maritime
In the ever-evolving world of maritime and employee relationships, the adage holds true: "The more I know, the more I realise I don't know." Let me start by telling you what I do know…. The relatio...
Results from the Senior Maritime Executive Survey 2023 revealed
In the vast expanse of the maritime industry, the horizon is ever-shifting. As we stand at the helm, our role as senior executives is not merely to maintain course but to chart a journey toward the...
Results from the Superintendent Employment Survey 2023 revealed
People strategies across ship management continue to dominate conversations but this year we have seen a notable shift from a need to not just attract new talent but a heightened focus on retaining...
Global Leaders in Maritime Breakfast Conference
On Tuesday the 12th of September, Faststream Recruitment will be hosting our Global Leaders in Maritime Breakfast Conference, part of London International Shipping Week. This is an exclusive event ...
Faststream expands operations into Denmark
Faststream Recruitment, shipping, maritime and energy specialist recruitment agency, has announced the expansion of its operations into Denmark. The expansion is a strategic move aimed at increasin...
Faststream Recruitment Group Appoints Martin Bennell as Chief Operating Officer
Faststream Recruitment Group, a global people specialist, is pleased to announce the promotion of Martin Bennell to the position of Chief Operating Officer. Bennell, who has been with the company s...
Results from the Singapore Maritime Employer & Employee Surveys revealed
The maritime sector is experiencing a time of transformation. As the talent market continues to transition and become increasingly complex, maritime businesses will need to understand candidate tre...
The Talent Market in Transition – A Lunch Forum by Singapore Maritime Foundation and Faststream Recruitment
April 2023 saw the international community gather for the much anticipated Singapore Maritime Week, held from the 24th to the 28th of April 2023. The week encompassed a diverse collection of flagsh...