Diversified Search Group

Press Coverage

Crains Chi

Brexit Billables: Good for Lawyers, Bad for Headhunters

Brexit fallout is making winners and losers among Chicago’s professional service firms, with lawyers chasing new work and recruiter Heidrick & Struggles International trading at its lowest price in a year. The executive search firm, which brought in $531.1 million in revenue last year, closed at $16.96 a share on Friday. Shares were trading at

On The Move: Adam Shapiro

Adam R. Shapiro, of Stamford, has been named director of marketing and brand development by Greenwich-based Hunt Scanlon Media. Mr. Shapiro will be responsible for implementing marketing initiatives including campaigns to promote Hunt Scanlon’s line of human capital studies, trade publications and all digital and e-media market intelligence platforms. Mr. Shapiro will also work closely

Search Firms Proving to be Power Brokers in College Sports

Pitt athletic director Scott Barnes knew what he wanted in a men’s basketball coach. He just didn’t know who. When former coach Jamie Dixon departed for Texas Christian University three days after the Panthers lost to Wisconsin in the NCAA Tournament, Barnes shifted into overdrive in searching for a replacement. Five days later, he hired

Chicago Tribune

Executive Recruiter Helps Retailers Keep Up With Industry Changes

As a partner at an executive search firm who specializes in retail, Catherine Lepard has seen the sector rocked by the rise of e-commerce and the emergence of customers who want to choose how they shop, get purchases faster than ever and still get a good deal. That might make it a tough time to be

Korn Ferry Settles Lawsuit Over Executive’s Firing

Korn/Ferry International, the world’s biggest executive-search firm, has quietly settled a bitter and salacious legal feud over its firing of a high-level executive. In a lawsuit brought last year, Robert A. Damon, Korn/Ferry’s former executive chairman of the Americas, alleged the firm dismissed him for complaints he made to board members about Chief ExecutiveGary Burnison’s

Hunt Scanlon Releases Top 20 Cybersecurity Recruiter Rankings

Hunt Scanlon Media, a global market research provider focused on executive search and C-suite hiring, today released its first-ever ranking of cybersecurity recruiting specialists. Twenty leading search firms were inducted into Hunt Scanlon’s inaugural ‘Cyber 20’ based on market reputation and dedication to finding best-in-class cybersecurity leaders. The ranking can be found in the company’s

Hunt Scanlon Releases Cybersecurity Recruiter Rankings

Hunt Scanlon Media, a global market research provider focused on executive search and C-suite hiring, today released its first-ever ranking of cybersecurity recruiting specialists. Twenty leading search firms were inducted into Hunt Scanlon’s inaugural ‘Cyber 20’ based on market reputation and dedication to finding best-in-class cybersecurity leaders. The ranking can be found in the company’s

The Problem With Recruiting Top Financial Talent In a World of Rising Wealth

A number of high-level, forward thinking planning meetings took place this summer at Credit Suisse Group. The results of that top-to-bottom review process will be presented to the bank’s board in just a few weeks. All indications point to a massive strategic overhaul: Credit Suisse will likely sell its U.S. private bank and scale back

Crains Chi

This Headhunter is on the Prowl

Twice this year Chicago-based headhunter DHR International has made a play for another recruiting firm, a growth strategy that runs counter to current trends in the executive search industry. Though M&A frenzy has gripped local law and accounting firms in recent years, executive search has remained fever-free. Experts say the industry largely is split between

the deal pipeline logo

Pine Tree Flips Bradley-Morris After Two-Year Hold

Pine Tree Equity Partners LLC is selling Bradley-Morris Inc., a military-focused recruiting firm it bought only about two years ago, marking the conclusion of an auction process of less than five months. The buyer is Thompson Street Capital Partners LLC, a St. Louis private equity firm, which is partnering with management to acquire the job

What CHROs Really Want From Executive Search

Today’s Chief HR Officers face an enormous challenge. As catalysts for change, their goal is to evolve companies away from hierarchical command & control models towards collaborative models that drive innovation, engagement and customer service. People – and particularly new blood – are critical to the game plan, yet many CHROs are disenchanted with the

Heidrick & Struggles CIO Says High-Flying Recruiters Collaborate in the Cloud

In the high-stakes world of C-Suite recruiting, knowledge and information are the killer apps upon which deals are made. For one recruitment giant, 62-year-old Heidrick & Struggles International Inc., the demands of the business have spurred it to adjust its IT strategy accordingly, embracing any effort that supports its highly mobile human network. “The company has a great

the deal pipeline logo

DHR International Takes Aim at Canada’s Caldwell

Private equity-backed DHR International Inc. may have only gotten started on a consolidation effort in the executive search firm space by recently completing a deal with CTPartners Executive Search Inc., because the Chicago- based firm seems to have eyes for one particular firm north of the border. As of Monday, DHR had amassed about 5.1% of

the deal pipeline logo

CTPartners’ Asset Sale Won’t Save it from Bankruptcy

CTPartners Executive Search Inc. (CTP) has agreed to sell certain assets, but the deal probably won’t be enough to prevent the New York-based C-suite recruitment firm from seeking bankruptcy protection. Chicago-based DHR International Inc., which is backed by private equity firm Osprey Capital LLC, has agreed to non-binding terms with CTPartners’ lenders outlining the acquisition

Crains Chi

DHR International Sweeps up Parts of Scandal-plagued Rival

June 23, 2015 — A Chicago-based executive search firm has struck a deal to acquire 17 offices and 250 employees from a New York rival that has bled talent and market value for months in the wake of a federal investigation and a hostile takeover attempt. DHR International will buy “selected assets” of CTPartners Executive

Recruitment Alert: Hunt Scanlon Reports Intense Demand for Cyber Security Talent

June 22, 2015 (Greenwich, Connecticut) – Hunt Scanlon Media issued a recruitment alert today on the rise in demand for cyber security C-level talent. Executive recruiters are reporting to Hunt Scanlon that high profile data breaches at well-known companies have induced demand for these cyber security experts from every industry sector. According to Hunt Scanlon, this rise

From Headhunters To Culture Vultures

June 13, 2015 — In the aftermath of the financial crisis, companies were too busy trying to survive to do much recruiting, so they cut back sharply on their use of executive-search firms. When Korn Ferry, the biggest “headhunter”, announced its results for the year to April 2009, it seemed to be in trouble: annual revenues were

Executive Grapevine

Smaller Executive Search Firms Praised For Expertise and Better Results

June 10, 2015 — Smaller, boutique search firms have a higher level of expertise and yield greater results, according to research findings reported by Wilmington Biz. More than 1,000 human resource professionals and executive search consultants took part in the Hunt Scanlon Media’s 2014 Executive Search: State of the Industry Study (US/Americas) report examining “how the

Seeking Alpha

Korn/Ferry: Cross-Selling And Capital Allocation Will Drive Future Upside For This Wide Moat Stock

May 19, 2015 — Stable revenue profile supported by retained recruitment model, diversified revenue mix and lower risk of technological disruption. Strong brand and customer loyalty by virtue of low cost-to-benefit of executive recruitment services, the “nobody got fired for hiring IBM” mentality and network effects. Significant cash & marketable securities on its balance sheet implies

Smaller Executive Search Firms Are Lauded For Expertise

May 15, 2015 — Bigger isn’t necessarily better, particularly when recruiting executives for your company, according to findings from Hunt Scanlon Media’s 2014 Executive Search: State of the Industry Study (US/Americas). More than 1,000 human resource professionals and executive search consultants took part in the report by completing structured survey questionnaires, participating in telephone interviews, and

Page 2 of 4

Press Coverage

Crains Chi

Brexit Billables: Good for Lawyers, Bad for Headhunters

Brexit fallout is making winners and losers among Chicago’s professional service firms, with lawyers chasing new work and recruiter Heidrick & Struggles International trading at its lowest price in a year. The executive search firm, which brought in $531.1 million in revenue last year, closed at $16.96 a share on Friday. Shares were trading at

On The Move: Adam Shapiro

Adam R. Shapiro, of Stamford, has been named director of marketing and brand development by Greenwich-based Hunt Scanlon Media. Mr. Shapiro will be responsible for implementing marketing initiatives including campaigns to promote Hunt Scanlon’s line of human capital studies, trade publications and all digital and e-media market intelligence platforms. Mr. Shapiro will also work closely

Search Firms Proving to be Power Brokers in College Sports

Pitt athletic director Scott Barnes knew what he wanted in a men’s basketball coach. He just didn’t know who. When former coach Jamie Dixon departed for Texas Christian University three days after the Panthers lost to Wisconsin in the NCAA Tournament, Barnes shifted into overdrive in searching for a replacement. Five days later, he hired

Chicago Tribune

Executive Recruiter Helps Retailers Keep Up With Industry Changes

As a partner at an executive search firm who specializes in retail, Catherine Lepard has seen the sector rocked by the rise of e-commerce and the emergence of customers who want to choose how they shop, get purchases faster than ever and still get a good deal. That might make it a tough time to be

Korn Ferry Settles Lawsuit Over Executive’s Firing

Korn/Ferry International, the world’s biggest executive-search firm, has quietly settled a bitter and salacious legal feud over its firing of a high-level executive. In a lawsuit brought last year, Robert A. Damon, Korn/Ferry’s former executive chairman of the Americas, alleged the firm dismissed him for complaints he made to board members about Chief ExecutiveGary Burnison’s

Hunt Scanlon Releases Top 20 Cybersecurity Recruiter Rankings

Hunt Scanlon Media, a global market research provider focused on executive search and C-suite hiring, today released its first-ever ranking of cybersecurity recruiting specialists. Twenty leading search firms were inducted into Hunt Scanlon’s inaugural ‘Cyber 20’ based on market reputation and dedication to finding best-in-class cybersecurity leaders. The ranking can be found in the company’s

Hunt Scanlon Releases Cybersecurity Recruiter Rankings

Hunt Scanlon Media, a global market research provider focused on executive search and C-suite hiring, today released its first-ever ranking of cybersecurity recruiting specialists. Twenty leading search firms were inducted into Hunt Scanlon’s inaugural ‘Cyber 20’ based on market reputation and dedication to finding best-in-class cybersecurity leaders. The ranking can be found in the company’s

The Problem With Recruiting Top Financial Talent In a World of Rising Wealth

A number of high-level, forward thinking planning meetings took place this summer at Credit Suisse Group. The results of that top-to-bottom review process will be presented to the bank’s board in just a few weeks. All indications point to a massive strategic overhaul: Credit Suisse will likely sell its U.S. private bank and scale back

Crains Chi

This Headhunter is on the Prowl

Twice this year Chicago-based headhunter DHR International has made a play for another recruiting firm, a growth strategy that runs counter to current trends in the executive search industry. Though M&A frenzy has gripped local law and accounting firms in recent years, executive search has remained fever-free. Experts say the industry largely is split between

the deal pipeline logo

Pine Tree Flips Bradley-Morris After Two-Year Hold

Pine Tree Equity Partners LLC is selling Bradley-Morris Inc., a military-focused recruiting firm it bought only about two years ago, marking the conclusion of an auction process of less than five months. The buyer is Thompson Street Capital Partners LLC, a St. Louis private equity firm, which is partnering with management to acquire the job

What CHROs Really Want From Executive Search

Today’s Chief HR Officers face an enormous challenge. As catalysts for change, their goal is to evolve companies away from hierarchical command & control models towards collaborative models that drive innovation, engagement and customer service. People – and particularly new blood – are critical to the game plan, yet many CHROs are disenchanted with the

Heidrick & Struggles CIO Says High-Flying Recruiters Collaborate in the Cloud

In the high-stakes world of C-Suite recruiting, knowledge and information are the killer apps upon which deals are made. For one recruitment giant, 62-year-old Heidrick & Struggles International Inc., the demands of the business have spurred it to adjust its IT strategy accordingly, embracing any effort that supports its highly mobile human network. “The company has a great

the deal pipeline logo

DHR International Takes Aim at Canada’s Caldwell

Private equity-backed DHR International Inc. may have only gotten started on a consolidation effort in the executive search firm space by recently completing a deal with CTPartners Executive Search Inc., because the Chicago- based firm seems to have eyes for one particular firm north of the border. As of Monday, DHR had amassed about 5.1% of

the deal pipeline logo

CTPartners’ Asset Sale Won’t Save it from Bankruptcy

CTPartners Executive Search Inc. (CTP) has agreed to sell certain assets, but the deal probably won’t be enough to prevent the New York-based C-suite recruitment firm from seeking bankruptcy protection. Chicago-based DHR International Inc., which is backed by private equity firm Osprey Capital LLC, has agreed to non-binding terms with CTPartners’ lenders outlining the acquisition

Crains Chi

DHR International Sweeps up Parts of Scandal-plagued Rival

June 23, 2015 — A Chicago-based executive search firm has struck a deal to acquire 17 offices and 250 employees from a New York rival that has bled talent and market value for months in the wake of a federal investigation and a hostile takeover attempt. DHR International will buy “selected assets” of CTPartners Executive

Recruitment Alert: Hunt Scanlon Reports Intense Demand for Cyber Security Talent

June 22, 2015 (Greenwich, Connecticut) – Hunt Scanlon Media issued a recruitment alert today on the rise in demand for cyber security C-level talent. Executive recruiters are reporting to Hunt Scanlon that high profile data breaches at well-known companies have induced demand for these cyber security experts from every industry sector. According to Hunt Scanlon, this rise

From Headhunters To Culture Vultures

June 13, 2015 — In the aftermath of the financial crisis, companies were too busy trying to survive to do much recruiting, so they cut back sharply on their use of executive-search firms. When Korn Ferry, the biggest “headhunter”, announced its results for the year to April 2009, it seemed to be in trouble: annual revenues were

Executive Grapevine

Smaller Executive Search Firms Praised For Expertise and Better Results

June 10, 2015 — Smaller, boutique search firms have a higher level of expertise and yield greater results, according to research findings reported by Wilmington Biz. More than 1,000 human resource professionals and executive search consultants took part in the Hunt Scanlon Media’s 2014 Executive Search: State of the Industry Study (US/Americas) report examining “how the

Seeking Alpha

Korn/Ferry: Cross-Selling And Capital Allocation Will Drive Future Upside For This Wide Moat Stock

May 19, 2015 — Stable revenue profile supported by retained recruitment model, diversified revenue mix and lower risk of technological disruption. Strong brand and customer loyalty by virtue of low cost-to-benefit of executive recruitment services, the “nobody got fired for hiring IBM” mentality and network effects. Significant cash & marketable securities on its balance sheet implies

Smaller Executive Search Firms Are Lauded For Expertise

May 15, 2015 — Bigger isn’t necessarily better, particularly when recruiting executives for your company, according to findings from Hunt Scanlon Media’s 2014 Executive Search: State of the Industry Study (US/Americas). More than 1,000 human resource professionals and executive search consultants took part in the report by completing structured survey questionnaires, participating in telephone interviews, and

Page 2 of 4