The Company


Industry: Designer + Retail Company


Entity Type: Private Equity-Backed


Operating Region: West Coast


Size: $12M


The retail company was acquiring a business and needed an interim Controller to oversee the accounting and integration of the newly acquired company.

The Solution

McDermott + Bull deployed an interim leader with over 20 years of CFO and Controller experience. This individual was equipped with best practices in streamlining daily, weekly, and monthly reporting processes, as well as integrating acquisitions. With over five years of consulting experience, the interim executive was an agile leader capable of addressing change quickly.


Over the span of 14 months, the interim Controller led the integration of a new business and established standardized processes within a previously inefficient and turbulent accounting department. They also bridged the gap during heavy leadership turnover, including the termination of the existing CFO.

Oversaw Accounting for 3 Acquisitions

Managed the fair market value accounting for 3 acquisitions across the country.

Reduced Month-End Close by 30% to 20-30 Days

The interim leader implemented proper closing procedures and formalized a standardized process.

Adopted Co-CFO Role

Moved into a co-CFO role when the previous one was terminated. Once the permanent CFO was identified, they maintained a dual FP&A and Interim Controller role, providing crucial institutional knowledge during the transition. 

James Hickey Headshot

James Hickey
Senior Managing Director, McDermott + Bull Interim Leaders

James Hickey serves as a Senior Managing Director for McDermott + Bull Interim Leaders, helping companies with mission-critical needs for talented executives during key points in their life cycle. He also works closely with Private Equity Groups to help their portfolio companies when there are gaps in leadership or to provide additional support to the team during critical transactions.