Transitioning the new CEO while embedding a merger: How coaching supported a newly appointed CEO based in Malaysia who was appointed to lead a newly merged technology company across Asia
Seek is a market-leading employment job board technology company listed on the Australian Stock Exchange. International growth has come through acquisitions of in-country technology companies that Seek then, post-acquisition, develops to home market dominance with home market CEOs. This strategy has been successful in South America, China and more recently in Asia. In 2014/2015 Seek took a controlling interest in Jobs DB and Jobs Street. These companies were competitors based in Malaysia and Hong Kong. Once regulatory approval for the merger was given, the organisation set about merging the entities and laying the foundations for long-term growth. An Australian-based executive led the initial merger and integration. The plan was to hand over the leadership reins to a locally based executive as per their traditional strategy.