Latest example of a reverse board placement completed by the executive search firm
SAN FRANCISCO, June 14, 2018 – Calibre One, a global boutique executive search firm specializing in building diverse leadership teams for technology innovators and companies undergoing digital transformation, today announces the placement of Mike Dennison, president of the Consumer Technologies Group at Flex (NASDAQ:FLEX) with the board of directors for Fox Factory Holding Corp. (Nasdaq:FOXF). Dennison’s selection announcement was made earlier this month by Fox Factory Holding Corp. This is the first reverse board placement confirmed by Calibre One this year as the number of requests for reverse board placement assistance by Calibre One clients has increased. In January 2018, Calibre One predicted that the industry would see an increase in reverse board placements this year. Companies looking to build their leadership teams, including boards of directors, can benefit from Calibre One’s services in the practice of reverse board placements, such as the one completed for Flex and Fox Factory Holding Corp.
“Calibre One is prouto have performed this reverse board placement of Mike Dennison, president of the Consumer Technologies Group at Flex,” said Dan Grosh, Managing Partner of Calibre One’s San Francisco office. “With his extensive knowledge of the Fox Holding Corp. brand, plus broad international consumer products, high-technology, and global supply chain management experience, Mike was the perfect fit. Both Fox and Flex will benefit from this placement, and Mike will gain even more valuable leadership experience.”
The practice of implementing reverse board placements – where executives are placed on the boards of other companies — is gaining widespread acceptance as its benefits are recognized. Companies that encourage their executives to serve on the boards of other companies reap the benefits of a more well-rounded, diverse and effective boardroom. Whereas, directors gain new skills and learning opportunities as well as positive exposure among the broader market via greater exposure and expanded networking.
- Mike Dennison, president of the Consumer Technologies Group at Flex Placed with Fox Factory Holding Corp. Board of Directors.
- Calibre One, Global Boutique Executive Search Firm, Facilitated the Search and Selection on Behalf of Flex.
- Calibre One Predicts Continued Increases in Reverse Board Placements.
About Calibre One
Founded in 1999 by some of the executive search profession’s most experienced recruiters, Calibre One is a global boutique executive search firm specializing in building diverse leadership teams for technology innovators and companies undergoing digital transformation. Its team members bring an exceptional level of knowledge, integrity and tenacity to everything it does. This is underscored by Calibre One’s transparent, consultative approach and proven methodology. Calibre one’s team doesn’t just understand the technology industry – it has invested in the advanced technology platforms that enable it to offer a 360-degree view to the entire process, along with the analytics to help identify the right candidate and reduce risk. Calibre One’s sisters company, Arete Partners, is a specialist in executive search services for vice president, director, manager-level and other high potential positions. Through its relentless pursuit of excellence, Calibre One leaves no stone unturned. For more information, please visit https://www.calibreone.com.
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Donna St. Jean Conti, APR
Public Relations Manager
Visual Identity Group