A Filcro Media Staffing executive search case history
Digital Advertising Sales
Cable TV Network in over 100,000,000 U.S. households. The Network is a true multiplex, multichannel, multiplatform broadcaster offering original TV and Digital platform programming.
Location New York, NY
Reporting to Vice President of National Digital Advertising Sales
Executive Search Firm Filcro Media Staffing
Officer in Charge Tony Filson
The president, executive vice president and vice president of Network advertising sales were seeking growth in revenue across their digital platforms.
Filcro Media Staffing had also recruited a Vice President of digital advertising sales and a number of national account executives for The Network in the past and was asked to conduct a national search to identify a new Director of national advertising sales to be based in New York City and take ownership of East Coast digital national advertising, prior to the launch of a new On-Air and Online brand for the Network’s Multiplex offerings.
Revenue expectations for this East Coast group as of search initiation was in the $30M range for this compartmented sales team at the Network.
Lower employee turnover
Build an esprit de corps
Optimize business / industry verticals by reassignment of key accounts
Attract sales personnel in line with Network Digital revenue objectives
Form cross-functional work groups for TV / Digital synergies
Increase budgets to meet the President's revenue goals
Streamline RFP and Digital Upfront reporting workflow
Differentiate the “New Brand” to clients and agencies to develop entirely new revenue streams
Industry and Sector Inclusion for Universe Compilation
Cable TV Networks
Broadcast TV Networks
Digital Content Producers
Filcro Media Staffing's Recruitment Solution
The Filcro Media Staffing officer in charge of this search was Tony Filson (TF).
Based on the newly produced on-air and digital programming offerings of the new addition to the Network's Multiplex brands; he wanted a national sales executive who already had the key relationships for the associated demographics with the Fortune 50-1000 and their agencies. Experience meeting or exceeding the proposed budgets set by the President of Network Sales as a Player / Coach would be essential.
Having recently conducted five similar digital advertising sales executive searches; it was apparent to (TF) which environments would garner “ideals” to meet the President's goals and hit the ground running with the Automotive, QSR, Telecom and Beverage / Adult Beverage targets that wanted this “unique” demo to fill in gaps where the other multiplex brands lagged.
The Network had attempted to identify a National Sales Director on their own for six-months and they were now up against a deadline for the upcoming “Upfront” and needed this executive in place as soon as possible.
(TF) proceeded to recruit from (4) four competitors of The Network that would provided not only the digital leadership but also the “Rain Maker” mentality, he was seeking for this Player/Coach. (TF) also targeted two (2) Digital environments that were dissimilar in their core businesses but were industry leaders in monetizing digital content for others. Three (3) environments were from the East Coast, one (1) Midwest and two (2) West Coast. Of the initial search universe all (8) eight candidates were currently employed and none were even considering a new opportunity until directly approached.
Of primary concern to (TF) was the career ecology of each candidate and their current cultures. The reasoning here was based on past experiences assuring longevity and succession plans that were similar with “other brands” in the same Network. This environment was not for a “farmer”. This new Director would have to evangelize and create new ideation that differentiated the “tween to teen” and “teen to young adult”, “male/female” offerings. A honed sales executive who had proven sales operations and sales reporting acumen would be needed to keep management apprised of their progress.
During the initial round of interviews we found a few gifted sales executives who were rainmakers and exceeded revenue goals but their management styles were contrary to what would be productive “long term” and help build this new brand. Continuity would be required and the new Director would need a history of success in attracting and mentoring employees. Part of this search was relevant to building an “Esprit de Corps” that would be apparent to those internal and external to the company.
From an overall revenue perspective, the $30 Million this group would be producing was a fraction of the $1 Billion this single brand brings to the parent company. However, the margins enjoyed were substantial and the ideal would be to emulate some of these new practices to other digital brands that were lagging.
The New Director of National Digital Advertising Sales
The final two candidates were both exceptionally talented sales executives from substantial media and entertainment conglomerates. Both offered everything the Network needed to meet their digital business objectives and revenue goals for the new multiplex offerings.
The new Director was offered the position, accepted, and has become a valuable manager and mentor of the sales staff he manages. He has met or exceeded budgets and assured that each sales staff member as single contributors have also.
The Executive Vice President shortly after the search was completed expressed great interest in the new Director becoming a Vice President.
The search was brought to fruition prior to the upfront timeline required.
The officer in charge of this search was Tony Filson.