The Company
Industry: Nonprofit
Entity Type: Private
Operating Region: United States
Size: $3M Revenue
The PROBLEM
As the organization entered a critical leadership transition, it faced mounting operational and financial challenges. The incumbent CEO lacked a growth-oriented vision, the organization was operating at a significant deficit, and key stakeholder relationships required rebuilding. Leadership needed an Interim CEO to provide stability, restore transparency, strengthen organizational alignment, and position the nonprofit for long-term sustainability while preparing for permanent executive leadership.
The Solution
McDermott + Bull Interim Leaders placed an interim CEO with over 20 years of nonprofit executive leadership experience. Partnering closely with the Board, the interim leader guided organizational restructuring, aligned strategic priorities with the annual budget, strengthened relationships with critical stakeholders, and built out the executive leadership team to support a seamless transition for the incoming CEO. Throughout the engagement, the focus remained on increasing transparency, improving operational stability, and creating a stronger foundation for future growth.
The RESULT
Despite navigating leadership turnover, budget pressures, and organizational restructuring, the interim leader successfully stabilized the organization during a pivotal period of change. The engagement strengthened governance, improved financial performance, rebuilt trust with key external partners, and enhanced organizational readiness for the incoming CEO. By fostering a culture of transparency and accountability, the organization emerged with stronger operational alignment and a clearer path toward long-term sustainability.
Reduced the Operating Deficit by 50%
Helped reduce the organization’s operating deficit by approximately $300,000, creating a stronger financial foundation for long-term sustainability.
Built a Stronger Leadership Team
Restructured the executive leadership team and established key Vice President roles to support a successful CEO transition and future growth.
Increased Stakeholder Engagement by 70%
Implemented a more strategic communications approach that increased average click-through rates by 70% while rebuilding trust with key stakeholders.
Veronica Maceira
Managing Director, McDermott + Bull Interim Leaders
vmaceira@mbexec.com
Veronica Maceira serves as Managing Director at McDermott + Bull Interim Leaders, based in New York, NY. She partners with clients who require on-demand consulting resources to bridge leadership gaps and propel their business forward. Veronica holds over 20 years of experience in business development and client services, working with a diverse range of clients, serving emerging and middle-market companies and private equity firms broadly across industries and functional areas.