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Related Articles On Succession Planning

Walking the Tightrope of Executive Succession

In a disrupted business environment, the notion of “what the next CEO should look like” is less straightforward than ever before – further complicating companies’ efforts.

How Predicting CEO Success Can Impact the Corporate Bottom Line

Companies around the globe turning to more innovative, sophisticated methods for hiring their most valued — and typically highest paid — leader.

As CEO Turnover Rises, Outsiders Are Given a Closer Look

Over the past several years more big companies have been deliberately choosing their new CEO from outside of the company.

Alliance

IRC Adds New Partner In Greece

IRC Global Executive Search Partners (IRC) has added MEIHUNT Corporate Talent Management in Greece as its 47th member firm. It will now be known as IRC Greece. MEIHUNT Corporate Talent Management specializes in the pharmaceutical, retail and FMCG sectors. The firm also offers coaching for leadership development and outplacement. Founder and managing director Katerina Meimaroglou is

Performance

Korn Ferry Posts 20 Percent Revenue Gain Bolstered by Acquisition

Korn Ferry (NYSE:KFY) today posted 2017 fiscal year-end revenues of $1.57 billion, an increase of 20.5 percent from $1.303 billion in 2016. The growth was primarily driven by the acquisition of the global management consulting firm Hay Group. The Los Angeles-headquartered executive recruiter and leadership consultant — the largest in the Americas as ranked by Hunt Scanlon Media — recorded fourth quarter

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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.

People

Russell Reynolds Associates Names Asia Pacific Leader

Russell Reynolds Associates has named Peter L. O’Brien as the region head for Asia Pacific. He takes over from Peter Drummond-Hay, who returned to the firm’s New York office in March. Mr. O’Brien will be responsible for managing Russell Reynolds’ business across the region and driving growth in key markets, including China, India, Japan, South

People

ManpowerGroup Names North America President

Becky Frankiewicz has joined ManpowerGroup as president of its North American operations. Reporting to chief operating officer Darryl Green, she will oversee all of the company’s brands and offerings in the region, including Manpower, Experis, Right Management and ManpowerGroup Solutions. Ms. Frankiewicz comes to the firm from PepsiCo, where she led one of its largest

Trends

100 Companies That Excel In HR

How best to gauge the effectiveness of a human resources department? For the last four years, Workforce magazine has issued its rankings of the “world’s top companies for HR.” This year, like last, in its list of 100 companies, the publication rated Google at No. 1, followed, in order, by Facebook, Coca-Cola, Deloitte and AT&T.

Search Assignment

Spencer Stuart Taps New Leader for Healthcare Organization Swedish

After an extensive search, Dr. Guy Hudson has been named chief executive officer of Swedish Health Services. The organization enlisted Spencer Stuart to find its new leader. After an evaluation process led by the board and Spencer Stuart, the trustees voted unanimously to select Dr. Hudson, who has served as interim CEO since February and has practiced at

Search Assignment

Marquee Search Seeking Leader for Raiders Foundation

Professional football’s Oakland Raiders is seeking an executive director of its charitable arm, the Raiders Foundation. To conduct the search, the team has enlisted Marquee Search, a recruitment firm that specializes in sports and entertainment. Marquee president Jeff Yocom is spearheading the assignment. The Raiders Foundation, established two years ago, is committed to increasing community

People

Heller Search Expands to Fill High Demand for IT Leaders

Technology-focused executive recruiting firm Heller Search Associates Inc., has expanded with the addition of Kelly Doyle as managing director. The search and subsequent selection of Ms. Doyle was managed by Rochelle Schumer of R&L Associates. With over 20 years of industry experience in executive search and talent acquisition for technology executives, Ms. Doyle joins Heller

Alliance

IRC Adds New Partner In Greece

IRC Global Executive Search Partners (IRC) has added MEIHUNT Corporate Talent Management in Greece as its 47th member firm. It will now be known as IRC Greece. MEIHUNT Corporate Talent Management specializes in the pharmaceutical, retail and FMCG sectors. The firm also offers coaching for leadership development and outplacement. Founder and managing director Katerina Meimaroglou is

Performance

Korn Ferry Posts 20 Percent Revenue Gain Bolstered by Acquisition

Korn Ferry (NYSE:KFY) today posted 2017 fiscal year-end revenues of $1.57 billion, an increase of 20.5 percent from $1.303 billion in 2016. The growth was primarily driven by the acquisition of the global management consulting firm Hay Group. The Los Angeles-headquartered executive recruiter and leadership consultant — the largest in the Americas as ranked by Hunt Scanlon Media — recorded fourth quarter

Launches

Hardman Batchelor Launches In Austin

Austin grew faster by percentage in the last five years than all but one other city in the U.S. — Charlotte, NC, according to the U.S. Census Bureau, yet finding the best executives to lead its burgeoning business community remains a challenge. In response, recruiting veteran Edward Batchelor has launched executive search firm Hardman Batchelor

Search Assignment

TillmanCarlson Lands CFO and Controller for Roadrunner

On the heels of completing its chief information officer search, executive search firm TillmanCarlson has recruited Paul Schwind as chief accounting officer and corporate controller and Terence R. Rogers as EVP and chief financial officer at Roadrunner Transportation Systems. Founder Rob Tillman led the searches. Mr. Schwind is a senior financial leader with 17 years of experience in both public

Search Assignment

Kevin Chase Executive Search Fills Top Post for UCHAPS

UCHAPS, the Urban Coalition for HIV/AIDS Prevention Services, has named Kevin T. Jones as its executive director. The appointment is the culmination of an exhaustive national search led by Kevin Chase Executive Search Group, members of UCHAPS’ board of directors and representatives from its community and government advisory committees. Managing partner Kevin Chase led the

M&A

Hudson James Human Capital Acquires Vitae Selection

The wave of M&A activity among executive search firms continues. The latest deal: U.K.-based recruiter Hudson James Human Capital has acquired boutique search firm Vitae Selection. Financial terms of the deal were not disclosed. Established in 2008, Vitae Selection specializes in consumer, packaging, ingredients and energy sector appointments across the U.K. and international markets. Over the

Trends

Access to Information Raises Stakes, and Heat, On Leaders

These are exceptionally high-pressure days for corporate leadership. Choosing the right talent has always been serious business, but in today’s environment the consequences of a misfire loom larger than ever. Likewise, if a leader fails to deliver, the pain can be deeply felt throughout an organization and beyond. Constantine Alexandrakis, U.S. region head for Russell

People

Allen Austin Continues Global Expansion

With assignments increasingly rolling in from around the globe, executive recruiters are developing new practices, hiring recruiters and opening new locations. The latest: Executive search firm Allen Austin has a new hub in Istanbul, and has added offices in Turkey, Spain and the United Arab Emirates. Serkan Yagcioglu joins the firm as vice president of international operations

Search Assignment

R. William Funk Gets Nod to Find New President for SDSU

Executive search firm R. William Funk & Associates has been selected by the California State University system to conduct the search for the next president of San Diego State University (SDSU). The search will be led by R. William Funk, president of the recruitment firm. He will be assisted by R. William “Willie” Funk III

Search Assignment

Nonprofit Talent Seeking New Leaders for Pittsburgh-Based Organizations

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 $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 high, search

People

SRiCheyenne Names Leader of Digital Media, Technology and Private Equity Practices

Executive search firm SRiCheyenne has expanded with the addition of Keith McAllister as a partner and leader of its digital media, technology and private equity practices. Focused on internet, digital media and SaaS companies, Mr. McAllister joins the firm from Accelent, where he executed C-level assignments for a range of clients, from early-stage growth companies to the

Survey

Summer Hiring In Full Throttle

The summer job market is upon us and with good news: Companies are stepping up their seasonal hiring. Forty-one percent of employers plan to hire workers for the summer, a significant jump from 29 percent last year. Of those who are hiring summer workers, 34 percent are hiring a friend, 30 percent a family member and

Search Assignment

Phillips Oppenheim Leading Director Search for Yale’s Schwarzman Center

Yale University’s Schwarzman Center has retained the services of Phillips Oppenheim to find an executive director. Principal Sarah James and partner Becky Klein are leading the search. Schwarzman Center, which is expected to be completed in 2020, will be the new student center and is much anticipated as the hub of campus life for the

Search Assignment

Jorgenson Consulting Selected to Find New Leader for the Wayne Economic Development Council

Greensboro, NC-based executive search firm Jorgenson Consulting has been selected by the Wayne Economic Development Council to lead in its search for its next president. Todd Jorgenson, managing director and principal, is heading the assignment. The organization has formed a search committee to identify, interview and recommend candidates to replace president Rodney Crider. Jorgenson Consulting will

People

Buffkin / Baker Strengthens Healthcare Technology Practice

Executive search firm Buffkin / Baker has expanded with the addition of Mark Farrington, a well-known health information technology industry executive and entrepreneur, as partner in its healthcare technology practice. “Mark has more than 35 years of experience in successful high growth private equity backed companies in healthcare, technology and e-commerce, and he will be a great asset

People

Rinalytics Advisors Names New Leader

Bangalore-headquartered executive search firm Rinalytics Advisors has appointed search veteran John Irudayaraj as managing partner. In his new role, Mr. Irudayaraj will both head the firm and steer it towards the next level of growth in analytics leadership hiring across global markets. Mr. Irudayaraj, an executive search veteran, has over two decades of market experience

Search Assignment

Heidrick & Struggles Leads CEO Search for Avon

With retail undergoing major shifts, businesses increasingly want CEOs who can lead through change, intuitively and analytically understand the evolving consumer and are unfazed by ambiguity. Developed markets, excess retail capacity, rising prices, the shift to Omni-channel retail and the unpredictable pace of change in consumer behavior all have an influence on the changing face of

Search Assignment

Vetted Solutions Finds New Leader for NAPHSIS

Executive search firm Vetted Solutions LLC has assisted in placing Shawna Webster as the executive director of the National Association for Public Health Statistics and Information Systems (NAPHSIS). The recruitment firm’s vice presidents Nancy Green and Evelyn Savage led the assignment. In her new role, Ms. Webster oversees governance and business operations for a $2.2 million organization representing

People

ZRG Expands Recently Launched London Office

ZRG Partners, the fastest growing search firm in the U.S., has expanded its recently launched London office with the additions of Tim Kemp and Christophe Mille. Mr. Kemp joins ZRG Partners with solid search experience from several global firms. Most recently, he was with Korn Ferry, where he led the professional services search practice in the

People

O’Rourke and Associates Names President

Search firms have seen a number of top leadership appointments since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: San-Francisco-headquartered executive search firm O’Rourke & Associates has appointed Rebecca Bower as president. Ms. Bower is widely regarded as a top leadership advisor with a career that spans nearly 25

People

Odgers Interim Announces Expansion

The pressure has never been greater for organizations to deliver strong business results in less time and with fewer resources while mitigating the risk of hiring the wrong leaders. To that end, a number of companies have been turning to temporary leaders to fill their C-suite needs and executive search firms are stepping up. Odgers

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,

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

Spelman Johnson Leading Hunt for University of Chicago Police Chief

The University of Chicago has enlisted search firm Spelman Johnson to find its next chief of police. Vice president Mark A. Hall is leading the assignment. The school is looking to have a new leader in place by July. The role calls for a range of skill sets, including planning, organizing, directing and administering the policing initiatives of

SearchWide Recruits CEO for Visit Aurora

Visit Aurora has appointed Bruce Dalton as president and chief executive officer following a search led by recruiting firm SearchWide. He succeeds Gary Wheat, who established the organization in 2010. Senior vice president Mark Gnatovic led the assignment. Mr. Dalton is a second-generation leader in the hospitality industry. He comes to Visit Aurora with 29 years of industry experience,

Ratliff & Taylor Appoints President

Executive search firm Ratliff & Taylor has appointed Beth Sweeney as its new president. An accomplished leader with deep industry experience, she has been widely recognized for her work in sales and marketing throughout a 20-plus year career. As president, Ms. Sweeney will have full profit-and-loss responsibility for each of the company’s three practices: executive search, leadership

Focus Search Partners Continues Expansion

Focus Search Partners, the executive search division of talent solutions provider Vaco, has brought aboard Richard D’Antoni as managing partner of the firm’s healthcare and private equity practices. Mr. D’Antoni has more than 20 years of experience in matching high-performing executives with leading healthcare companies, ranging from venture capital and private equity-backed portfolio companies to publicly held organizations.

Executive Search Industry Leaders Offer Up Bold Predictions

Predicting the future could practically be its own business sector. Whether the prognostications are coming from the Magic 8-Ball, Punxsutawney Phil or CNBC’s Jim Cramer, people want to know what lies ahead. So it was that Hunt Scanlon Media rounded up a collection of soothsayers from the search industry to provide their insights about the changes that

Odgers Berndtson Continues Aggressive Growth

Odgers Berndtson has expanded with the addition of two search specialists with deep sector expertise to bolster its technology, and higher education & academic medicine practices. Lisa Hooker joins Odgers as a partner and will serve clients in the firm’s technology practice. Ms. Hooker brings 20-plus years of executive search expertise in telecommunications, consumer electronics, cloud

ZRG Partners Expands to London

ZRG Partners, the fastest growing search firm in the U.S., has opened an office in London, continuing on its massive expansion trajectory. Steve Banks will head the operation as managing director and U.K. country head, bringing a strong background to support the firm’s plans for the region. By the end of the year, ZRG expects to

Spencer Stuart Strengthens Leadership Advisory Group

With an evident need among client companies growing and an opportunity to expand ancillary services offerings to meet that demand, a number of executive search firms are launching or adding to their leadership consulting advisory practices. This month, Spencer Stuart announced three appointments to its leadership advisory services group in Europe, the Middle East and Africa (EMEA). Brought on board

Isaacson, Miller Finds Seventh President for Juilliard

Executive search firm Isaacson, Miller has placed Damian Woetzel, a renowned former principal dancer for the New York City Ballet, as the seventh president of The Juilliard School. For the last 32 years, Joseph Polisi has served as the organization’s president. Isaacson, Miller chairman John Isaacson led the search with vice president Sheryl Ash and associates Katie Rockman and Cortney

Executive Recruiters Set New Milestones In Latest Rankings

The executive search industry’s leading 50 players in North America topped $3 billion in revenues last year, according to industry newsletter ESR, in a market report released today by Hunt Scanlon Media. The group collectively jumped by almost 10 percent, continuing an incredible run for an industry that just a decade ago was left reeling

USA Gymnastics Taps Russell Reynolds Associates for CEO Search

After putting out an open casting call for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer, Russell Reynolds Associates has taken the rings of this highly coveted sports assignment and commenced a highly anticipated global talent search. Managing director Nada Usina is leading the undertaking with consultant Libby Naumes. The

Wheless Partners Lands CEO for Fulcrum Health

Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. This has led to an increased need for recruiting firms to deliver top-drawer leaders throughout the sector. To that end, search firm Wheless Partners has recently placed Patricia Dennis as chief executive officer of

CDI Posts 20 Percent Q1 Revenue Decline; Possible Sale Looms

CDI Corp. / (NYSE:CDI) posted first quarter revenues of $187.6 million, a decrease of 19.7 percent from revenues of $233.5 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Limited (“Anders”), which was sold in September 2016. During the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.3 million, a 7.1 percent decline, compared

AIMS International Expands to Norway

AIMS International has added Norway-headquartered search firm RUUD Executive. The firm is led by managing partner Tor-Egil Ruud, who has over 17 years of experience in recruitment, executive search, and leadership services from several national and international market-leading companies. He has conducted over 250 national and international assignments. “This partnership is very important for us: We are now able to

Retaining New Hires Now Seen As a Critical Issue

Retaining new hires is on the minds of leaders at the vast majority of companies these days, according to a recent report by Korn Ferry’s Futurestep division, which provides advisory services and recruitment services for middle to upper level management. Ninety percent of the executives surveyed, in fact, said this is an issue for their companies. What’s more,

Arts Consulting Group Finds New Leader for Chicago Youth Symphony Orchestras

Celebrating its 70th anniversary this season, Chicago Youth Symphony Orchestras (CYSO) has appointed Susan Lape as executive director, following an executive search process led by Arts Consulting Group (ACG). She succeeds former executive director Joshua Simonds. Ms. Lape most recently served as executive director of the Lake Forest Symphony, the only fully professional orchestra in Lake County, IL. Since 2012,

Search Firms Team Up to Recruit Martial Arts Leader

ATA International, which promotes and teaches the martial arts, has chosen Neil Morton as its new chief executive officer. Search firms LH International of New York, and ASCENT Select Talent Capital of Greensboro, NC, worked cooperatively on the assignment. ATA International, formerly the American Taekwondo Association, is based in Little Rock. With more than 950 licensed locations around the

Stanton Chase Names Diversity & Inclusion Practice Leader

Leaders at the best companies know that diversity matters. Not only are the firms that pay attention to such matters rewarded with better financial returns, but they gain perspectives and insights that would otherwise be lost to them. Well aware of this trend, Stanton Chase International has appointed Becky Heidesch as a director and North American diversity &

Cobalt Recruitment Appoints CEO

There have been a number of top leadership appointments at search firms since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: Executive search firm Cobalt Recruitment has named James Wakefield as its new chief executive officer. Mr. Wakefield joined Cobalt in 2007 coming from the management team at Michael Page

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