Daversa Partners Assists The Pill Club with CFO Search
December 23, 2021 – Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has assisted in the recruitment of Christine Park as the new chief financial officer for The Pill Club. Ms. Park joins the company from Strava, a social fitness platform with over 70 million athletes globally, where she was CFO and oversaw the finance, accounting, tax, and legal functions. She played a key role in several significant company milestones, including launching a revamped subscription experience and completing the Series F financing at a 4x valuation increase. Ms. Park has over 15 years of experience operating and investing in consumer technology, direct-to-consumer and media and communications businesses.
Prior to Strava, Ms. Park was chief operating officer at Goodwater Capital, a global consumer technology venture capital firm, and served as CFO and COO at Chloe + Isabel, a VC-backed, vertically integrated accessories E-commerce brand, where she built the FP&A/accounting teams, scaled fulfillment and logistics and led capital raising. “I was drawn by the opportunity to join a fantastic team on a journey changing women’s experience with healthcare for the better,” said Ms. Park.
The Pill Club is making women’s healthcare more accessible and affordable by creating a simple, personal, and convenient patient experience. The company says its mission is to be the most trusted healthcare partner for women, empowering its members through greater access, choice, and education about their options —all while delivering a positive and personal experience.
Growth Stage and VC Recruiters
Daversa Partners, founded in 1993, builds executive teams for growth stage and venture backed companies. Its global footprint spans two continents and eight offices, giving its teams visibility into the entirety of the market. Daversa is dedicated to developing meaningful relationships with entrepreneurs, executives and investors across consumer and enterprise businesses. In addition to its primary location in Westport, Conn., the firm has offices in New York; San Francisco; Washington, D.C.; Orlando, FL; London; and Waterford, Conn. where the firm maintains a data and people analytics facility.
New Pressures on CFOs
Immediate concerns around cash flow, liquidity and the bottom line are taking precedence at many companies due to continued fallout from the pandemic. But there are high-value lessons emerging from the current health and economic crisis that chief financial officers should bear in mind, according to recruiters specializing in finding talent for finance functional roles.
‘2021 Hunt Scanlon Financial Services Recruiting’ Special Issue
Executive Search Review has just released its 2021 Financial Services Recruiting special issue newsletter! The profile of modern financial services leaders continues to change amid the sector’s renewed focus on customers for revenue growth, service digitalization, a renewed focus on risk management, and increasing investor and regulatory scrutiny, according to executive recruiters. The COVID-19 crisis has only heightened the need for top talent that has the ability to pivot and steer. businesses through hard times and onto firm ground. So it is that skilled leaders are being sought throughout financial services and across a myriad of functional
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The COVID-19 crisis has thrust CFOs into the spotlight as never before, they report, while the pandemic itself has also created a business environment in which CFOs are uniquely positioned to drive business value during the recovery phase, which is expected to come in 2021 and 2022.
All too many companies today are desperate to get as much cash on their balance sheets as possible in order to ride out the storm of COVID-19, say recruiters. Bottom-line pressures are forcing many businesses to shift their forecasting strategies, explore new products and services — or even expand into alternative sales and delivery channels. The best CFOs are spearheading that effort.
Related: JDG Associates Begins CFO Search for ACTE
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media