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DAILY NEWSWIRE - TOP STORIES

Survey

Skills Gap Continues to Grow Among U.S. Companies

It’s been nearly a decade since the great recession, and with unemployment rates less than half of what they were in 2009 and 2010, everyone can breathe a little easier. But this doesn’t mean that the future of the American workforce is in the clear. As one challenge subsides, another is surfacing. Companies of all

Search Assignment

Acertitude Lands Chief Revenue Officer for Indigo Energy

The role of chief revenue officer (CRO) has changed dramatically over the last several years. CROs are quickly becoming mission-critical innovators for companies that look to dominate a market first and fastest, according to recruiters. The demand for these financial leaders is growing and executive search firms have been busy filling these roles. The latest: Acertitude placed

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Recruiting is Changing. Hunt Club is Paving the Way.

What most technology recruiting companies fail to realize when trying to “disrupt recruiting" is that it takes meaningful human interaction to truly connect the dots. Hunt Club leverages a network of highly connected people to refer a company's next great hire.

Search Assignment

Diversified Search Finds CFO for Catholic Charities USA

Diversified Search has placed Sean P. Roddy as chief financial officer for Catholic Charities USA, one of the biggest charities in the country. Nalini Perkins, managing director of the recruiter’s non-profit practice, and Mark Mulvanerty, managing director of its financial officers practice, co-led the assignment. Mr. Roddy was “strong technically,” said Ms. Perkins, but it was

People

Heidrick & Struggles Names Financial Services Regional Head

Heidrick & Struggles has appointed Elizabeth Simpson as head of financial services in New York. Expanding on her duties as a partner in the firm’s financial services practice, Ms. Simpson will be responsible for driving Heidrick’s regional business development, collaborating across the organization’s complementary lines of business and mentoring and developing talent internally. This is a new role for

People

SpenglerFox Names Practice Leaders

Executive search firm SpenglerFox has expanded with the addition of two leaders in Europe. Sylvain Gauffre takes over as practice group leader for finance services in Frankfurt and Krzysztof Chobot becomes practice group leader for industrial in Warsaw. “Having worked in the executive search and talent management sector for the past decade, in both established and emerging

Search Assignment

PFLAG National and Bailey House Tap McCormack + Kristel to Find New Leaders

Executive search firm McCormack + Kristel has been chosen by PFLAG National and Bailey House to lead their searches for new leaders. Managing partner Joseph McCormack and partner Michelle Kristel are spearheading the assignments. Washington, D.C.-headquartered PFLAG is looking for a new executive director after Jody Huckaby stepped down this past December. Elizabeth Kohm, currently COO,

Search Assignment

Egon Zehnder Lands New CEO for AIG

Egon Zehnder has recruited Brian Duperreault as the new CEO for American International Group (AIG). He replaces Peter D. Hancock, who recently informed the board of directors of his intention to resign, and becomes the company’s sixth CEO since 2005. AIG shares were up 1.7 percent at $62.01 upon release of the news. AIG is nearly three quarters of the way

Launches

Major, Lindsey & Africa Latest Search Firm to Launch Consulting Services

Search firms continue to break into new areas, be it through acquisition, alliance or providing new services. It’s a trend being seen at large recruiters and small boutiques alike as recruiters look to provide clients with services for finding, assessing, onboarding and retaining their senior-level talent. The latest: Major, Lindsey & Africa has launched a

People

True Search Adds Partners In New York, San Francisco

Executive recruiter True Search, which was recently recognized as one of the top 50 search firms in the Americas as ranked by Hunt Scanlon Media, has added Thor Bucy, Jennifer DeCastro, Ryan Hall and Barry Wahlberg to its roster of partners. “Thor, Jennifer, Ryan, and Barry are among the most talented consultants in the industry and with the brightest futures,” said Brad Stadler, founder and managing

Survey

CHROs Reveal Serious Gap In HR Talent

Executive recruiters are in hot pursuit of chief human resource officers (CHRO) and other senior level HR leaders across the nation. The best HR chiefs are seen as strategic advisors to the C-suite, and the ones most in demand are those who are sounding boards for CEOs. Why such pent-up demand for top flight HR

Search Assignment

Goldsmith & Co. Leading Investment Officer Search for NY Public Library

Demand for executive level, “high impact” investing talent has been on the rise, and in the years ahead it is expected to soar. Recruiters say the need for chief investment officers (CIO) across the asset allocator spectrum, including endowments and foundations‎, and corporate, public and state plans, have significantly increased in number over the last five years

In-Depth

DRI Offers Money Back Guarantee On Candidates

Executive search firm Direct Recruiters, Inc. (DRI), which focuses on the talent needs of small to mid-sized companies, is backing up its executive searches with a retention guarantee of its placements for one to two years. Direct Retention, as the firm calls its new product offering, revolves around a thorough evaluation of candidates by DRI as

Search Assignment

Janssen & Associates Seeks New Leaders for Non-Profits

The economic strength of the non-profit field has increased in recent years, making it the third largest employer in the U.S. Nearly two million not-for-profits employ 10.7 million people and produce more than $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time

People

SearchWide Names Hotel and Resort Practice Leader

Executive recruiting firm SearchWide has brought aboard John Brich, former director of sales for the Cincinnati Convention and Visitors Bureau, as a vice president. Mr. Brich takes the lead in managing the recruiter’s hotel and resort practice. He is charged with opening a new regional office in the Cincinnati area, the sixth location for the firm. Mr.

Survey

What Can Companies Do to Create An Inclusive Culture

Diverse organizations outperform their peers, and in the process embed inclusion strategies into almost all their management decisions, according to new research by advisory firm Bersin by Deloitte. That may be a key reason why 78 percent of those responding to the firm’s latest survey believe diversity and inclusion is a competitive advantage. Even so, only 12

Launches

DHR International Forms Partnership to Ease Clients’ Digital Struggles

DHR International, Ogilvy & Mather and International Data Corporation (IDC) have launched a partnership to help their customers in the Asia-Pacific market overcome the challenges of digital disruption. Typically, businesses view digital transformation as an IT issue. But for a company to successfully make the change, multiple functions within the organization must be brought into the fold. That’s where

Search Assignment

AlbertHall&Associates Lands Artistic Director for Arizona Theatre Company

The Arizona Theatre Company (ATC) board of directors has named David Ivers as its new artistic director. Executive recruitment firm AlbertHall&Associates conducted the nationwide search. ATC’s current artistic director, David Ira Goldstein, will remain with the company the end of June, when his 25-year tenure officially ends. Mr. Ivers served as artistic director at the Utah Shakespeare

M&A

Acquisitions Continue to Make Headlines In Recruiting Industry

The wave of M&A activity among executive search firms continues. The latest deal: Solon, OH-headquartered Torch Group has acquired Selker Leadership, a search firm that places candidates in the technology and software fields. Financial terms of the deal were not disclosed. Selker Leadership’s president, Gregory L. Selker, will join Torch Group as senior vice president and search operations leader,

People

Morgan Hunt Appoints London Office Leader

Moscow-based executive search firm Morgan Hunt has named Maria Yankovskaya as head of its London office. Ms. Yankovskaya has over 18 years of experience in executive search, including 10 years as a consultant in the banking practice of Ward Howell International in Moscow and six years as a lead consultant and partner with a major international search firm in London.

Trends

Recruiting Industry Game Changer On the Horizon

One year from now, the European Union’s General Data Protection Regulation (GDPR) goes into effect. The law will have a tremendous impact on how companies, government agencies and, yes, executive search firms across the E.U. — including the U.K. — handle personal data. Ignore the law and you can expect tough penalties for failing to comply.

Search Assignment

Credit Union Resources Leads CEO Search for Carolinas Credit Union League

These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers

M&A

Buffkin / Baker Merges WTW Associates Into Its Expanding Search Platform

Search firm Buffkin / Baker has merged New York-based WTW Associates into its expanding executive recruiting platform. WTW, a talent provider focused on the media, entertainment, technology and law industries, will integrate its operations into the Buffkin / Baker New York office. Terms were not disclosed. “We have greatly enhanced our entertainment/media practice this year, and are excited to have

Search Assignment

Carmichael Fisher Lands CEO for CEPI

Executive search firm Carmichael Fisher has recruited Dr. Richard Hatchett as chief executive officer of the Coalition for Epidemic Preparedness Innovations (CEPI). Principle consultant Tarquin Bennett-Coles led the assignment along with managing director Justin Hobday. Dr. Hatchett joins the organization from the Biomedical Advanced Research & Development Authority (BARDA) at the U.S. Department of Health and Human Services (HHS),

Launches

Penrhyn Forms Technology, Media & Telecoms Practice Group

Penrhyn International, a global network of executive search firms, has launched a new global technology, media & telecoms practice group, led by Yanouk Poirier, managing partner of Montreal-based search firm Leaders International. It brings together search consultants who specialize in the technology, media & telecoms space throughout Canada, the U.S., the U.K., France, Italy, Japan, the Philippines,

Survey

What Matters Most to Today’s Well-Informed Workers

Historically, the balance of power between employers and candidates has favored employers. Candidates had few sources of information about open positions, corporate culture or company vision, let alone compensation and benefits. But the talent market is changing. Big time. Candidates today report a dramatic increase in the amount of information they have about a company

Interview

How One Recruiter’s Board Participation Is Paying Off

For executive search firm leaders, serving in a board capacity for outside companies can be rewarding on several levels. There’s service to a company, of course. But a lot of valuable learning also goes on in such work, be it about emerging trends, the latest ideas or the hottest businesses and their talent. It also

Search Assignment

Coulter Partners Recruits Chief Medical Officer for Kymab

Executive search firm Coulter Partners has placed Dr. Sonia Quaratino as chief medical officer of Kymab Group, a human monoclonal antibody biopharmaceutical company. She will manage the clinical development of the organization’s expanding therapeutic antibody portfolio. Dr. Quaratino is an immunologist and joins Kymab from Novartis, where she served as global clinical program leader – transitional clinical oncology, responsible for

Search Assignment

Atlanta Hawks Turns to Turnkey Search for New GM

The Atlanta Hawks has retained Turnkey Search to lead its hunt for a new general manager. The team fired past GM Wes Wilcox after the Hawks record dipped to 43-39 this past season and the team lost to the Washington Wizards in the opening round of the playoffs. “As we have said from the beginning, we are committed to

People

RSR Partners Appoints Head of Risk Practice

Executive search firm RSR Partners has named Talal Debs as a managing director and head of its risk practice. With a strong combination of risk management, finance, and academic experience, Mr. Debs will focus on recruiting senior executives and directors to navigate new risk, regulatory and compliance issues for clients. His areas of concentration will include insurance, investment banking, trading and

Skills Gap Continues to Grow Among U.S. Companies

It’s been nearly a decade since the great recession, and with unemployment rates less than half of what they were in 2009 and 2010, everyone can breathe a little easier. But this doesn’t mean that the future of the American workforce is in the clear. As one challenge subsides, another is surfacing. Companies of all

Acertitude Lands Chief Revenue Officer for Indigo Energy

The role of chief revenue officer (CRO) has changed dramatically over the last several years. CROs are quickly becoming mission-critical innovators for companies that look to dominate a market first and fastest, according to recruiters. The demand for these financial leaders is growing and executive search firms have been busy filling these roles. The latest: Acertitude placed

Diversified Search Finds CFO for Catholic Charities USA

Diversified Search has placed Sean P. Roddy as chief financial officer for Catholic Charities USA, one of the biggest charities in the country. Nalini Perkins, managing director of the recruiter’s non-profit practice, and Mark Mulvanerty, managing director of its financial officers practice, co-led the assignment. Mr. Roddy was “strong technically,” said Ms. Perkins, but it was

Heidrick & Struggles Names Financial Services Regional Head

Heidrick & Struggles has appointed Elizabeth Simpson as head of financial services in New York. Expanding on her duties as a partner in the firm’s financial services practice, Ms. Simpson will be responsible for driving Heidrick’s regional business development, collaborating across the organization’s complementary lines of business and mentoring and developing talent internally. This is a new role for

SpenglerFox Names Practice Leaders

Executive search firm SpenglerFox has expanded with the addition of two leaders in Europe. Sylvain Gauffre takes over as practice group leader for finance services in Frankfurt and Krzysztof Chobot becomes practice group leader for industrial in Warsaw. “Having worked in the executive search and talent management sector for the past decade, in both established and emerging

7 Critical Competencies to Help HR Leaders Manage Change

For every international business, the stakes are high. Today, many global companies are embarking on their own journey forward, leaving behind the effects of the recession and setting sail for growth again. Management and HR leaders, however, know the game has changed and, if anything, uncertainty looms larger than ever. More and more, according to

PFLAG National and Bailey House Tap McCormack + Kristel to Find New Leaders

Executive search firm McCormack + Kristel has been chosen by PFLAG National and Bailey House to lead their searches for new leaders. Managing partner Joseph McCormack and partner Michelle Kristel are spearheading the assignments. Washington, D.C.-headquartered PFLAG is looking for a new executive director after Jody Huckaby stepped down this past December. Elizabeth Kohm, currently COO,

Egon Zehnder Lands New CEO for AIG

Egon Zehnder has recruited Brian Duperreault as the new CEO for American International Group (AIG). He replaces Peter D. Hancock, who recently informed the board of directors of his intention to resign, and becomes the company’s sixth CEO since 2005. AIG shares were up 1.7 percent at $62.01 upon release of the news. AIG is nearly three quarters of the way

Major, Lindsey & Africa Latest Search Firm to Launch Consulting Services

Search firms continue to break into new areas, be it through acquisition, alliance or providing new services. It’s a trend being seen at large recruiters and small boutiques alike as recruiters look to provide clients with services for finding, assessing, onboarding and retaining their senior-level talent. The latest: Major, Lindsey & Africa has launched a

True Search Adds Partners In New York, San Francisco

Executive recruiter True Search, which was recently recognized as one of the top 50 search firms in the Americas as ranked by Hunt Scanlon Media, has added Thor Bucy, Jennifer DeCastro, Ryan Hall and Barry Wahlberg to its roster of partners. “Thor, Jennifer, Ryan, and Barry are among the most talented consultants in the industry and with the brightest futures,” said Brad Stadler, founder and managing

CHROs Reveal Serious Gap In HR Talent

Executive recruiters are in hot pursuit of chief human resource officers (CHRO) and other senior level HR leaders across the nation. The best HR chiefs are seen as strategic advisors to the C-suite, and the ones most in demand are those who are sounding boards for CEOs. Why such pent-up demand for top flight HR

Goldsmith & Co. Leading Investment Officer Search for NY Public Library

Demand for executive level, “high impact” investing talent has been on the rise, and in the years ahead it is expected to soar. Recruiters say the need for chief investment officers (CIO) across the asset allocator spectrum, including endowments and foundations‎, and corporate, public and state plans, have significantly increased in number over the last five years

DRI Offers Money Back Guarantee On Candidates

Executive search firm Direct Recruiters, Inc. (DRI), which focuses on the talent needs of small to mid-sized companies, is backing up its executive searches with a retention guarantee of its placements for one to two years. Direct Retention, as the firm calls its new product offering, revolves around a thorough evaluation of candidates by DRI as

Janssen & Associates Seeks New Leaders for Non-Profits

The economic strength of the non-profit field has increased in recent years, making it the third largest employer in the U.S. Nearly two million not-for-profits employ 10.7 million people and produce more than $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time

SearchWide Names Hotel and Resort Practice Leader

Executive recruiting firm SearchWide has brought aboard John Brich, former director of sales for the Cincinnati Convention and Visitors Bureau, as a vice president. Mr. Brich takes the lead in managing the recruiter’s hotel and resort practice. He is charged with opening a new regional office in the Cincinnati area, the sixth location for the firm. Mr.

What Can Companies Do to Create An Inclusive Culture

Diverse organizations outperform their peers, and in the process embed inclusion strategies into almost all their management decisions, according to new research by advisory firm Bersin by Deloitte. That may be a key reason why 78 percent of those responding to the firm’s latest survey believe diversity and inclusion is a competitive advantage. Even so, only 12

DHR International Forms Partnership to Ease Clients’ Digital Struggles

DHR International, Ogilvy & Mather and International Data Corporation (IDC) have launched a partnership to help their customers in the Asia-Pacific market overcome the challenges of digital disruption. Typically, businesses view digital transformation as an IT issue. But for a company to successfully make the change, multiple functions within the organization must be brought into the fold. That’s where

AlbertHall&Associates Lands Artistic Director for Arizona Theatre Company

The Arizona Theatre Company (ATC) board of directors has named David Ivers as its new artistic director. Executive recruitment firm AlbertHall&Associates conducted the nationwide search. ATC’s current artistic director, David Ira Goldstein, will remain with the company the end of June, when his 25-year tenure officially ends. Mr. Ivers served as artistic director at the Utah Shakespeare

Acquisitions Continue to Make Headlines In Recruiting Industry

The wave of M&A activity among executive search firms continues. The latest deal: Solon, OH-headquartered Torch Group has acquired Selker Leadership, a search firm that places candidates in the technology and software fields. Financial terms of the deal were not disclosed. Selker Leadership’s president, Gregory L. Selker, will join Torch Group as senior vice president and search operations leader,

Morgan Hunt Appoints London Office Leader

Moscow-based executive search firm Morgan Hunt has named Maria Yankovskaya as head of its London office. Ms. Yankovskaya has over 18 years of experience in executive search, including 10 years as a consultant in the banking practice of Ward Howell International in Moscow and six years as a lead consultant and partner with a major international search firm in London.

Recruiting Industry Game Changer On the Horizon

One year from now, the European Union’s General Data Protection Regulation (GDPR) goes into effect. The law will have a tremendous impact on how companies, government agencies and, yes, executive search firms across the E.U. — including the U.K. — handle personal data. Ignore the law and you can expect tough penalties for failing to comply.

Credit Union Resources Leads CEO Search for Carolinas Credit Union League

These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers

Buffkin / Baker Merges WTW Associates Into Its Expanding Search Platform

Search firm Buffkin / Baker has merged New York-based WTW Associates into its expanding executive recruiting platform. WTW, a talent provider focused on the media, entertainment, technology and law industries, will integrate its operations into the Buffkin / Baker New York office. Terms were not disclosed. “We have greatly enhanced our entertainment/media practice this year, and are excited to have

Carmichael Fisher Lands CEO for CEPI

Executive search firm Carmichael Fisher has recruited Dr. Richard Hatchett as chief executive officer of the Coalition for Epidemic Preparedness Innovations (CEPI). Principle consultant Tarquin Bennett-Coles led the assignment along with managing director Justin Hobday. Dr. Hatchett joins the organization from the Biomedical Advanced Research & Development Authority (BARDA) at the U.S. Department of Health and Human Services (HHS),

Penrhyn Forms Technology, Media & Telecoms Practice Group

Penrhyn International, a global network of executive search firms, has launched a new global technology, media & telecoms practice group, led by Yanouk Poirier, managing partner of Montreal-based search firm Leaders International. It brings together search consultants who specialize in the technology, media & telecoms space throughout Canada, the U.S., the U.K., France, Italy, Japan, the Philippines,

What Matters Most to Today’s Well-Informed Workers

Historically, the balance of power between employers and candidates has favored employers. Candidates had few sources of information about open positions, corporate culture or company vision, let alone compensation and benefits. But the talent market is changing. Big time. Candidates today report a dramatic increase in the amount of information they have about a company

How One Recruiter’s Board Participation Is Paying Off

For executive search firm leaders, serving in a board capacity for outside companies can be rewarding on several levels. There’s service to a company, of course. But a lot of valuable learning also goes on in such work, be it about emerging trends, the latest ideas or the hottest businesses and their talent. It also

Coulter Partners Recruits Chief Medical Officer for Kymab

Executive search firm Coulter Partners has placed Dr. Sonia Quaratino as chief medical officer of Kymab Group, a human monoclonal antibody biopharmaceutical company. She will manage the clinical development of the organization’s expanding therapeutic antibody portfolio. Dr. Quaratino is an immunologist and joins Kymab from Novartis, where she served as global clinical program leader – transitional clinical oncology, responsible for

Atlanta Hawks Turns to Turnkey Search for New GM

The Atlanta Hawks has retained Turnkey Search to lead its hunt for a new general manager. The team fired past GM Wes Wilcox after the Hawks record dipped to 43-39 this past season and the team lost to the Washington Wizards in the opening round of the playoffs. “As we have said from the beginning, we are committed to

RSR Partners Appoints Head of Risk Practice

Executive search firm RSR Partners has named Talal Debs as a managing director and head of its risk practice. With a strong combination of risk management, finance, and academic experience, Mr. Debs will focus on recruiting senior executives and directors to navigate new risk, regulatory and compliance issues for clients. His areas of concentration will include insurance, investment banking, trading and

7 Ways to Evaluate Your Executive Search Firm

When businesses have high profile, top leadership roles to fill, executive search firms can provide indispensable service. The best recruiters walk alongside a client at every stage of the hiring process. They know the questions to ask that help define the requirements of the role. They take the time to thoroughly understand company culture. And

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