| Innovex uses Interim Manager for International | | | | senior staff were diverted to integration issues and |
| Assignment | | | | there was a need for continuity in managing the |
| International business experience, knowledge of UK, | | | | business while this process was going on. Rather than |
| European and US tax and accounting procedures, and | | | | having people trying to do both things at once, we |
| fluent German was the management mix needed for | | | | needed additional resources in managing the |
| Innovex, the British-based pharmaceutical outsourcing | | | | day-to-day operation of the business." |
| company, during a global merger and acquisition and a | | | | Providing guidance through the acquisition process |
| period of unprecedented change and growth. | | | | Barton concentrated his efforts on guiding the |
| Paul Barton, an accountant with fluent German and | | | | German side of the operation through the acquisition |
| good French, who has previously worked in Germany | | | | process. Now completed, the company has grown |
| and the USA, was placed by Impact Executives as | | | | from a business worth DM 20 million to one of |
| acting Financial Director. | | | | around DM 60 million. |
| Providing back-up and direction | | | | "The previous Financial Director had left somewhat |
| When he arrived at the German subsidiary in Freiburg, | | | | unexpectedly and at a crucial time. Recognising the |
| Barton's primary task was to beef up the financial | | | | length of time that it would take to find a permanent |
| operation and provide back-up and direction to the | | | | replacement, interim management seems to be the |
| general manager. Two months into the assignment, | | | | most appropriate solution." |
| however, Innnovex was taken over by the American | | | | Chris Morley |
| company Quintiles, the world leader in pharmaceutical | | | | Human Resources Director, Innovex |
| services. | | | | Previously published on the Impact Executives |
| Inovex's human resources director Chris Morley | | | | website – read the original Global Merger & |
| comments: "The acquisition meant that a number of | | | | Acquisition article. |