I understand the frustration of working with a big company where "because it is new" is a reason not to change the site. That is not a good way to run a business but inertia and people trying to protect their own positions often result in this type of situation. And there generally isn't much you can do to change this, sadly.
How terrible is the new site?
Does your client just not like it? Or did rankings/search volume/leads/sales plummet when it was introduced?
If it is the former, your client should just suck it up and stick with the current site design. It is the customers' preferences that matter and if the site is doing well, that is what counts.
If the latter then your client is right to want something different but I wouldn't count much on organic search traffic in that scenario. And I don't know that one working piece will drive company success, though perhaps your client hopes to use that smaller success to drive change for the rest of the site. Good luck with that.
Either way it solves your subdomain dilemma--in the first case you won't need one and in the second case it probably won't make a difference.