Rockwood Energy Search

Executive Search for the Energy Industry

How we add value to the search process up and down the organization

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Issues

Rockwood Value Added

Chief Risk Officer for electric utility

New position created because CEO wanted more risk-aware culture

 

Internal executives not well-informed on risk issues

 

CEO wanted position to be a thought leader within the firm on quantitative issues

Initial presentation was made on types of risk organizations and risk people in energy to inform  and to create comfort level for execs who would interview candidates.

 

Rockwood identified a candidate who had both a PhD in Finance and well-developed leadership skills.

Director, Quantitative Research & Valuation

New position reporting to a new senior manager

 

Very diverse and demanding audience who didn’t agree on the job criteria

 

Compensation constrained because of corporate salary structure

 

Rockwood partnered with senior hiring manager to develop structured interviewing process with standard criteria.

 

Found diverse candidate panel at various compensation levels so that interviewers were able to effectively balance compensation limitations with desired candidate experience.

Senior Transmission/LoadFlow Analyst at hedge fund

Firm needed a candidate with Financial Transmission Rights(FTR's) experience in the new Midwestern Independent System Operator (MISO) region

 

Firm wanted to be well-positioned in a dramatically changing physical marketplace

Conducted in-depth search of all MISO knowledgeable people. 

 

Found candidate who combined technical skills to carry out network analysis, but who also had the commercial understanding to talk to traders.