Executive Search Activity Continues Positive Trend

August 14, 2014 – The Association of Executive Search Consultants (AESC) second quarter report on the worldwide executive search industry indicates quarter on quarter revenue growth of almost 10 percent and a year on year growth of 11 percent, keeping steady with HSZ Media’s recent three-year industry trend line. The number of search assignments conducted by member firms increased by four percent both year on year and quarter on quarter – representing a reversal in the recent trend of fewer assignments albeit of greater value. The EMEA, Asia Pacific and North American regions all recorded strong annual and quarterly growth, while the Central and South American region recorded a drop in quarterly activity of 1.6 percent. “It is very encouraging to see continued improved demand for senior executives both on a regional and sector basis,” said Peter Felix, AESC president. “This positive trend is indicative of economic recovery in the major economies of North America and Europe and the desire by boards of directors and top management to more actively engage in the search for the best talent to achieve growth and strategic development.”