Morgan Prestwich
Morgan Prestwich Executive Search are a boutique global Life Sciences Search Firm, with nearly 30 consultants globally. Our expertise spans early and late stage scientific, clinical and commercial biotech companies. We are a diverse team of expert head-hunters, considered one of the best life science search firms in the world, we are in the top 3 of fastest growing boutique search firms.
27 Countries
Morgan Prestwich serves globally, and specialises in USA, EU and Nordics. We have placed so far in 27 countries.
35 Head Hunters
An experienced, dedicated and highly specialised group of recruiters make up our team.
98% Repeat business
Our clients choose us time and time again, proving to us that we offer something more than other search firms.
13 Languages
Spoken fluently across our staff including English, French, German, Italian, Dutch, Flemish, Swedish, Urdu and Cantonese to name a few.
100% Retained search success
We pride ourselves on having never failed in filling a retained project, our 100% placement success is down to our profound knowledge and expertise in guiding clients to the right candidates and vice versa.
Over 60% diversity
In 2022 60% of our placements where diverse, a figure we aim to improve on for 2023.
10 Weeks
Is our average fill time for a role.
98% Placement Retention
After 12 months, 98% of our placements were still situated and happy in new position.
Founded in 2018 Magnitude BioSciences are a specialist Contract Research Organisation (CRO) who help industry and academia progress their research projects via a team of expert scientists, C. elegans services and unique automated imaging technology. Helping biotechnology companies, pharmaceutical companies, health products companies, manufacturing (including agri-manufacturing and green manufacturing) and anyone else doing Research and Development (R&D) who benefit from C. elegans healthspan technology and expertise.
The Position- Chief Commercial Officer
Magnitude Biosciences is seeking a new CCO to oversee the company's operations. The ideal candidate should possess strong leadership skills, be capable of fostering a positive company culture, and have experience in the Contract Research Organization (CRO) industry. Key responsibilities include driving business growth, expanding the client base, developing commercial strategies, leading sales and marketing teams, and maintaining strong relationships with industry partners. The CCO will collaborate with the CEO and other departments within the organization to achieve short and long-term goals. The candidate should have a proven track record of success in the commercial sector, strong negotiation skills, the ability to make wise decisions, and excellent team management abilities.
Key Selection Criteria and Behaviours' Sought
• Bachelor’s or Master’s degree in a relevant discipline and/or MBA.
• Prior experience working in a CRO.
• Strong track record of success in the commercial sector.
• Experience in a senior management position.
• Knowledge of the industry and network in the industry.
• Ability to build consensus and relationships among executives, partners, and the workforce.
• Proven negotiation skills.
• Ability to quickly understand new issues and make wise decisions.
• Ability to inspire confidence and create trust.
• Innate ability to work under pressure, effectively plan workload, and delegate.
Executive Search Timeline & Process
1
Briefing
With a full understanding of the role, the ideal candidate is identified and a comprehensive brief agreed.
2
Days 1-12 Mapping & Research
Following investigative desk and database research, we target & approach skilled global candidates.
3
Days 14-28 Shortlist & Presentation
Longlisted candidates are interviewed and assessed on technical skills, company fit, motivations, aspirations, achievements and remuneration levels.
A shortlist is agreed.
Executive summaries, assessments and resumes are presented for highly suitable candidates.
Psychometric tests are also offered, if preferred, via an external partner.
4
Days 28 -48 Client Assessment
Formal panel interviews, assessments and psychometric testing take place.
Once a preferred candidate is identified, we broker offer negotiations and, if required, will complete final referencing.
Unsuccessful candidates are managed with professionalism with your reputation protected.
5
Appointment & Follow up
Offer is made with due diligence, referencing and verification.
On-boarding and support are provided to both candidate and client.
Feedback is recorded.
6
Our 5 Step Approach
1
Hearts & Minds
The consultants who brief you on the assignment will be the ones working with you throughout the search, offering personal service and direct accountability. Our consultants are qualified peers who can provide valuable insights and objective advice to candidates.
2
Tailored Target Profiles
We will gain deep insight into your business and organization to understand the qualities of the most effective leader for your needs. We will help you develop candidate profiles based on critical experience, competencies, personality traits, and behavioural characteristics.
3
Collective Insight
Our consultants will engage their local and global relationships to identify well-matched candidates. We leverage our trusted network and a dedicated team of researchers to thoroughly evaluate potential candidates.
4
In-depth Evaluation
We conduct interviews grounded in leadership competency and potential models, going beyond standard background checks. We assess candidates' capabilities, aspirations, and fit within your organization and culture.
5
Trust-Based Negotiation
Our consultants understand candidates' requirements and concerns, serving as problem solvers and facilitators during the hiring phase. Our fixed fee policy ensures impartiality and effective negotiation.
Life Sciences Expertise
BioTech & Pharmaceutical 50%
MedTech 20%
Contract Research and Consulting 15%
Contract Manufacturing & Development Organisation (CDMO) 10%
Diagnostics 5%
Market Focus
Clinical Development 37%
Commercialisation 36%
Pre-Clinical 16%
Scientific 11%
Global Reach
USA 60%
EU 30%
Rest of World 10%
Client Focus
Board 15%
CEO & C-Level 30%
VP/ Senior Leadership 30%
Director 25%
Our Commitment to Inclusivity and Diversity
Morgan Prestwich is committed to providing the best service possible by educating all our staff on how they can improve hiring practices and create a diverse working environment. The entire team are trained in:
- Unconscious bias candidate interviewing and shortlisting.
- Influencing cultural diversity into a client’s talent hiring process.
- The benefits of diverse companies.
We believe that a company's success is only achieved through the diverse talents they employ. We are committed to expanding your company's workforce by helping you find the diverse, top talent needed for you to thrive.
Our Successes
"One of the elements that stands out with Morgan Prestwich is their ability to quickly understand our requirements, the team fit and importantly provide constructive discussion on the suitability of the candidates - understanding of our individual leaders’ styles and the ethos/culture of our team and company. Importantly, they also have a strong reputation with the candidates – and a strong understanding market dynamics, important when acting as a credible interface with our business. Morgan Prestwich’s team has proven to be efficient, nimble, successful and engaging for the build of our INTL team - and I would happily recommend their services to a prospective client.”
Steve Arnold - President International Albireo
"Touchlight started working with Morgan Prestwich two years ago to recruit a CFO and Head of HR. Prior to this we had filled all our senior positions directly. We liked the approach taken by Greg and his team: thoughtful, discreet, with a considered understanding of our company and requirement. The proof is that we are thrilled with our CFO and Head of HR and have worked with Greg on many other briefs since."
“We are constantly reminded just how important getting human capital right is to our ventures. Greg’s and the wider Morgan Prestwich team have consistently been an essential partner to us as we build management teams for our portfolio companies. They are also available to consult as we monitor the decisions we make, providing invaluable input.”
