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CDI Corp. Posts 25 Percent Q2 Revenue Decline
Performance

CDI Corp. Posts 25 Percent Q2 Revenue Decline; Acquisition Pending

CDI Corp. / (NYSE:CDI) posted second quarter revenues of $169.5 million, a decrease of 25.2 percent from revenues of $246.8 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Ltd., which was sold in 2016. For the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.1 million, an 8.6 percent decline, compared to prior-year

Indeed acquires Interviewed
M&A

Indeed Acquires HR Technology Company

Job-site leader Indeed has acquired Interviewed, an HR technology company that streamlines how employers identify and evaluate candidates. Financial terms of the deal were undisclosed. As part of the acquisition, all of Interviewed’s employees, including CEO Darren Nix and co-founders Daniel O’Shea and Chris Bakke, will become Indeed employees. “Indeed’s mission is to help people

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Disrupting Recruiting: How Technology is Transforming the Talent Sector

In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.

Custom Tag

For Executive Search Firms, Analytics Can be a Game Changer

Big data is rewriting the script for how companies around the world do business. The market for big data and business analytics is expected to grow to $203 billion in the next three years, according to the International Data Corporation, a marketplace intelligence provider. It only makes sense that analytics should become an increasingly vital

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GDPR is Coming – What Does it All Mean?

A few months ago nobody seemed to have heard of GDPR. Suddenly, people in the search world are waking up to the realization that this new regulation will come into effect on 25th of May 2018, less than 9 months from now. Quite rightly, we want to know what it’s all about, why it matters, and what it will mean for us.

crawfordconnect places Elizabeth Heald CEO Canadian Community Foundation
Search Assignment

Recruiter crawfordconnect Finds CEO for Canadian Community Foundation

Executive search firm crawfordconnect has placed Elizabeth Heald as president and chief executive officer of the Kitchener and Waterloo Community Foundation (KWCF) in Ontario. Past CEO Rosemary Smith stepped down this spring. Senior search consultant Liz Latimer led the assignment. The foundation sought an individual with a history of success in a senior executive role with an innovative, outcomes-oriented

Kingfisher Talent Forms Partnership with Virdis Group
Alliance

Kingfisher Talent Forms Partnership with Virdis Group

Kingfisher Talent, a Boston-based consortium for biotech executive search and leadership development, and Virdis Group, global executive search specialists in the life science and healthcare sectors, have created an alliance that enables clients to leverage the expertise and reach of both organizations. Lucy Watson-Baker, president of Kingfisher Talent, said the partnership offers clients greater opportunities for top

Heidrick & Struggles Dirk Van de Put CEO Mondelez International
Search Assignment

Heidrick & Struggles Lands Outsider to Lead Mondelez International

Mondelez International, known for brands like Oreo cookies, Trident gum and Ritz crackers, has appointed Dirk Van de Put as its new president and CEO. The company enlisted Heidrick & Struggles to fill its top post. With the snack-food producer’s revenues declining in recent years, activist investors have been vocal in their dissatisfaction with longtime CEO and chairman

Search Assignment

Southerland Partners Leading CEO Search for Baptist Health

As the healthcare industry continues its transformation, talent management remains a high priority. The shortage of physicians and other clinicians is one matter. But healthcare organizations must also fill new and expanding leadership roles to carry out strategic initiatives in response to reform efforts, and whatever changes Republicans in Washington, D.C. may deliver. This has

Stanton Chase Hans Nilsson Aviation & Aerospace Leader
People

Stanton Chase Names Aviation & Aerospace Leader

Stanton Chase International has appointed Hans Nilsson as aviation & aerospace global sector leader. He will work out of the firm’s offices in Zurich and Miami. “Miami has emerged as one of the world’s leading aviation centers,” said Juan D. Morales, global practice leader for the executive search firm’s supply chain, logistics & transportation practice

Personio Raises $12 Million In Funding
Funding

Personio Raises $12 Million In Funding

Investment dollars continue to pour into new technology designed to change the talent management game. Personio, the German HR management and recruiting platform, has raised $12 million (€10.5 million) in a series A round from investor Northzone. With the influx of new money, Personio is looking to push its software-as-a-service (SaaS) product in an effort

Elinvar places Scott Levitan CEO of Research Triangle Foundation
Search Assignment

Elinvar Lands CEO for Research Triangle Foundation

Executive search firm Elinvar has placed Scott Levitan as CEO of the Research Triangle Foundation, which manages an eminent North Carolina research park known as Research Triangle Park (RTP). He succeeds Bob Geolas, who left the organization last September. Elinvar’s president and CEO, Patti Gillenwater, led the search along with strategic search partner Jim Ahlerand researcher Pattie Steigerwald. In outlining

CDI Corp. Posts 25 Percent Q2 Revenue Decline
Performance

CDI Corp. Posts 25 Percent Q2 Revenue Decline; Acquisition Pending

CDI Corp. / (NYSE:CDI) posted second quarter revenues of $169.5 million, a decrease of 25.2 percent from revenues of $246.8 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Ltd., which was sold in 2016. For the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.1 million, an 8.6 percent decline, compared to prior-year

Indeed acquires Interviewed
M&A

Indeed Acquires HR Technology Company

Job-site leader Indeed has acquired Interviewed, an HR technology company that streamlines how employers identify and evaluate candidates. Financial terms of the deal were undisclosed. As part of the acquisition, all of Interviewed’s employees, including CEO Darren Nix and co-founders Daniel O’Shea and Chris Bakke, will become Indeed employees. “Indeed’s mission is to help people

DHR International places Doug Moffitt head wealth management Gibraltar Private Bank & Trust
Search Assignment

DHR Taps Wealth Management Head for Gibraltar Private Bank

Chicago-based search firm DHR International has placed the new head of wealth management for Gibraltar Private Bank & Trust, a private banking and wealth advisory firm in Coral Gables, FL. Leading the search was Carol Hartman, the search firm’s managing partner of financial services North America. Doug Moffitt comes to Gibraltar Private from U.S. Trust,

Charles Falcone new Russell Reynolds Associates’ U.S. education practice leader
People

Russell Reynolds Associates Taps Rival Spencer Stuart for Education Practice Leader

Former Spencer Stuart recruiter Charles Falcone is taking over as the new leader of Russell Reynolds Associates’ U.S. education practice, which includes higher learning, academic medicine and digital education. He also becomes a member of the firm’s healthcare services team. Based in Chicago, Mr. Falcone specializes in executive search and succession planning for senior leadership across

Survey

Companies Losing Candidates From Poor Background Checks

Background checks are designed to validate candidate resumes and protect employers from negligent hiring risks, but employers should make sure they are not losing candidates because of a poor background-check experience. According to a recent CareerBuilder survey, more than a third of employers (38 percent) have seen candidates turn down a job because they had

ON Partners places Shelly Cerio SVP of Nvidia Corp
Search Assignment

ON Partners Finds SVP Human Resources for Nvidia

Executive search firm ON Partners has placed Shelly Cerio as senior vice president of human resources for Nvidia Corp., a Santa Clara, CA-based visual computing technology firm. Partner Bryan Buck led the international search. Nvidia, considered among the hottest firms in the technology sector, was recently rated first in the Massachusetts Institute of Technology’s rankings

Norman Broadbent Group adds Dr. Paul Aldrich
People

Norman Broadbent Continues Expansion

U.K.-headquartered Norman Broadbent Group has further expanded its executive search practice with the addition of Dr. Paul Aldrich as managing director, financial services. Tim Hammett, managing partner of Norman Broadbent Executive Search, said Dr. Aldrich brings a combination of talents that will serve the firm and its clients well. “Paul has a huge amount of experience working

Trends

DHR International Looks at the Rise of Robotics and Its Effect On the Workplace

Will your company survive the workforce disruption triggered by the rise of the robot, powered by a new wave of artificial intelligence? The so-called Fourth Industrial Revolution, “4IR” as it is known, is upon us, and it’s the advent of robotics that promises to reshape global manufacturing as we know it. Steve Stine, DHR International’s

Berkhemer Clayton Places Ned Ford Head of Finance Harry & David
Search Assignment

Berkhemer Clayton Places Head of Finance at Harry & David

Los Angeles-headquartered executive search firm Berkhemer Clayton has recruited former Lowe’s executive Ned Ford as senior vice president and head of finance at Harry & David in Medford, OR. Shai Phillips, vice president and head of the recruiter’s corporate practice, led the search. “The search was nationwide,” said Mr. Phillips. “And despite the scenic environs of South

Focus Search Partners Acquires Taylor Winfield
M&A

Focus Search Partners Acquires Taylor Winfield

Focus Search Partners (FSP), the executive search division of talent solutions provider Vaco, has acquired the Dallas, TX-based recruiters Taylor Winfield. Financial terms of the deal were undisclosed. With the acquisition, FSP gains a team of professionals who all have enterprise operating experience across multiple industries, including Internet/ digital media, technology/ SaaS software, consumer/ retail/ food service and business

Talent Trends

How Job Seekers Can Cultivate a Social Media Presence and Win Big Opportunities

A growing number of employers are using social media and Internet searches to screen candidates before hiring, according to a recent poll. But that doesn’t mean job seekers should abandon their Facebook and Instagram accounts. Many of those doing the hiring, in fact, consider it a deal breaker if a prospect has no online presence,

Odgers Berndtson places Stephen Cornish CEO of David Suzuki Foundation
Search Assignment

Odgers Berndtson Lands CEO for David Suzuki Foundation

Odgers Berndtson has placed Stephen Cornish as chief executive officer of the David Suzuki Foundation. A highly respected non-governmental organization, the foundation seeks to conserve the environment and find solutions to create a sustainable Canada through science-based research, education and policy work. Based in Vancouver, British Columbia, Mr. Cornish will join the organization in November. He succeeds

People

IIC Partners Continues Global Expansion

Executive recruiters are seeing an increase in hiring mandates from all over the world. To meet the demand, they are continually developing new practices, hiring new recruiters and opening new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. For instance, IIC Partners Executive Search Worldwide has made five new consultant

Talent Trends

ENGAGE Research Identifies Top 2017 Employee Tenure Trends and a Tightening Labor Market

An already tight labor market has likely only continued to tighten over the past 18 months, an analysis of ENGAGE Talent tenure data shows. The study by ENGAGE data scientists, which covered 50 million US workers and professionals, concluded that the current median job tenure is 3.67 years. That’s six months less than the Bureau of

CDI Corp. to be Acquired by AE Industrial
M&A

CDI Corp. to be Acquired by Private Equity Group

Recruitment firm CDI Corp. has agreed to be acquired by AE Industrial Partners, a private equity investor specializing in aerospace, power generation and specialty industrial companies. AEI will acquire all of the outstanding shares of the company’s stock for $8.25 per share in an all-cash offer and follow-on merger. The agreement was unanimously approved by

Wheless Partners President Search Cleveland State U.
Search Assignment

Wheless Partners Leading President Search for Cleveland State University

Cleveland State University (CSU) president Ronald Berkman, who since his arrival in 2009 has transformed what was predominantly a commuter school into a campus with strong partnerships, has announced his retirement. The college has enlisted Wheless Partners to find its next leader. The search will be managed by Mike JR Wheless, managing partner and division

Talent Trends

U.S. Job Growth Continues Through Summer

Employers added 209,000 jobs last month as the U.S. unemployment rate fell slightly, to 4.3 percent, according to the most recent U.S. Bureau of Labor Statistics report. During the month, the number of workers unemployed remained at seven million. July marked the 80th straight month of job growth in the U.S. Economists had forecast payrolls increasing by 180,000 jobs

Search Assignment

Caldwell Partners Lands Chief Development Officer for JDA Software

Executive search firm Caldwell Partners International has placed Desikan Madhavanur as executive vice president and chief development officer of JDA Software in Scottsdale, AZ. Jim Bethmann, managing partner and co-leader of Caldwell’s TMT & IT services and information security practices, led the search. Mr. Madhavanur will be responsible for the company’s product solution strategy, development and delivery.

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

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

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

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

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

Employee Burnout Sabotaging Workforce Retention

The biggest threat to building an engaged workforce in 2017 is employee burnout. The newest study in the “Employee Engagement Series” conducted by Kronos Incorporated and Future Workplace found that 95 percent of human resource leaders admit employee burnout is sabotaging workforce retention. It’s now being seen as a widespread problem with no obvious solution in sight. In

Workey Secures $8 Million in Funding, Opens New York Office

Investment dollars continue to pour into new technology that is designed to change the talent management game. Workey, the next-gen AI solution for career development and recruitment, has launched in the U.S. after closing an $8 million Series “A” funding round, led by PICO Partners and Magma VC. The funding was immediately put to use, with Workey opening

Hanold Associates Finds Head of Diversity & Inclusion for Live Nation

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. The recruitment of diversity and inclusion executives continues to be critical for companies. In the latest instance: Hanold

Diversified Search Fills CEO Post for Telecommunications Industry Association

Diversified Search has recruited Wes Johnston as the chief executive officer of the Telecommunications Industry Association (TIA). John Keller, managing director and leader of the firm’s technology and innovation practice, led the search along with Michel Deschapelles, managing director in the Miami office. Mr. Johnston comes to TIA with more than 25 years of experience leading and

Taplow Group Expands Into Africa

The economy of Africa consists of trade, industry, finance, construction and agriculture. According to recruiters expanding in the region, business is booming, and a number of search firms therefore have continued their migration to the continent. With the region primed for growth, the international search firm Taplow Group has launched Taplow Africa. This new team was brought together by

13 Rules for Getting the Most Out of Your Executive Search Firm

In many organizations, recruitment for top echelon positions is time-consuming, expensive and often even contentious when decision-makers aren’t on the same page. For most businesses, retained search firms offer the best answer to filling senior level positions. The retainer-based model commits the search firm to focus their resources in a proactive, systematic search to find

CarterBaldwin Lands CEO for Corporate Chaplains of America

CarterBaldwin Executive Search has placed Larry Griffith as the chief executive officer of Corporate Chaplains of America (CCA). The board’s selection comes after an extensive search that involved reaching out to more than 1,000 potential candidates. The assignment was conducted by CarterBaldwin founding partner Price Harding. “The search attracted a very large number of interested, qualified candidates from

Chaloner Tapped by Wikimedia to Find Chief Communications Officer

New York-based executive search firm Chaloner has been retained by Wikimedia Foundation to spearhead its search for a chief communications officer. Amy Segelin, president of Chaloner, is leading the search. The foundation is seeking a creative, collaborative, forward-thinking chief communications officer to join it executive team in San Francisco. The organization is looking for a leader

WilsonHCG Appoints Leader of Executive Search Offering

Global talent solutions provider WilsonHCG has added Jonathan Edwards to its leadership team as vice president of executive search. He will be responsible for leading the organization’s global executive search efforts, talent development and continuous process improvement to cultivate the company’s global offering. “We are very pleased to welcome Jonathan to WilsonHCG in such a pivotal

Amrop Expands Leadership Consulting Team

Amrop, a partnership of recruiting firms operating from 74 offices in 52 countries throughout Asia, EMEA, continues to be in growth mode. It recently added Francis Lam as senior partner in Shanghai, spearheading the firm’s leadership consulting practice in China. Amrop defines leadership assessment / consulting as a structured, comprehensive and objective evaluation of current competences and

Why American Workers Remain Confident

Led by significant increases in perceived likelihood of a promotion and perceived likelihood of a raise, American workers’ confidence increased for the fifth consecutive quarter, according to the national Worker Confidence Index, a survey of U.S. workers from HRO Today Magazine and talent and outsourcing company Yoh. The index gauges workers’ perceptions of the four

The Tolan Group Recruits CEO for Elwyn

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. The latest: The Tolan Group, a member of the Sanford Rose Associates network, has placed

Fogler Consulting Finds Head Basketball Coach for Ohio State

Executive search firm Fogler Consulting has recruited Chris Holtmann as the 14th head men’s basketball coach of Ohio State University. He replaces Thad Matta. Last year’s team missed the NCAA tournament after finishing 17–15. It was Mr. Matta’s first Ohio State team not to win at least 20 games. The Buckeyes, however, clearly felt it was time to go

Jobplex Names Leader of Atlanta Office

Jobplex, the Chicago-based partner company of DHR International, has expanded with the addition of Mark Mayleben as partner and leader of its Atlanta office. He was brought aboard to be a catalyst in the company’s growing apparel, consumer goods, food and beverage, leisure, and retail sectors. With deep expertise and experience leading senior executive searches across

IMD International Adds Partner in Czech Republic and Slovakia

With assignments increasingly coming in from around the globe, executive recruiters are developing new practices, hiring recruiters, and opening new locations. While the uptick in business has proven to be good for virtually every search firm, global recruiting consortiums seem well-placed and well-anchored to take advantage of some geographic areas that once seemed to be

Hiring Pace Accelerates Heading Into Summer

U.S. employers expect hiring to pick up in the third quarter, with 24 percent planning to add staff between July and September. According to the latest “Employment Outlook Survey,” released today by ManpowerGroup, employers in all U.S. regions and industry sectors expect headcount to grow. The upbeat forecast indicates that the uncertain political climate continues to

Korn Ferry Recruits CEO for J. Crew

Korn Ferry has assisted apparel retailer J. Crew in placing James Brett as its chief executive officer. A leader with more than 25 years of retail experience, Mr. Brett most recently served as president of specialty home furnishing company West Elm, a member of the Williams-Sonoma, Inc. portfolio. He will assume the CEO position in July, succeeding Millard

Knightsbridge Robertson Surrette Recruits Chief Librarian for Ryerson University

Nova Scotia-headquartered executive search firm Knightsbridge Robertson Surrette has assisted Ryerson University with the appointment of Carol Shepstone as its new chief librarian. Anna Stuart, managing partner and leader of the firm’s academic search practice, led the search. Ms. Shepstone has been working in academic libraries for more than 18 years. As university librarian at

Heidrick & Struggles Names Head of Leadership Consulting for Americas

Heidrick & Struggles has appointed Andrew LeSueur as head of leadership consulting in the Americas. He will continue to support his executive search clients and the industrial and supply chain practices as he transitions into his new role. “Andrew’s success in accelerating the performance of our clients will bring immense value to our leadership consulting business as

TRANSEARCH Opens Office in Bulgaria

TRANSEARCH International is continuing its expansion with the opening of an office in Sofia, Bulgaria. Krasen Vladimirov will lead the new office as managing partner of TRANSEARCH Bulgaria. Mr. Vladimirov has more than 15 years of experience in human resources and operational executive leadership positions and focuses on technology, professional and financial services. He has previously worked as

Human Capital Consultants Places Chief People Officer for ONE Campaign

Human Capital Consultants, LLC has placed Anchal Gupta as chief people officer for ONE Campaign, a Washington, D.C.-based advocacy and campaigning organization. The search was led by senior search consultant Katherine Emery. “Anchal Gupta has over 15 years of HR experience in the international non-profit arena, including advocacy environments and with organizations with a large population

Koya Leadership Partners and Neumann Executive Search Merge

Since the start of the year, the search industry has seen a number of mergers. Some involve national expansion, while others are about global reach. Many of the consolidations provide greater solution possibilities for customers who want a full suite of talent management services. The latest: Koya Leadership Partners is merging Neumann Executive Search Partners

Chelsea Partners and Reffett Associates Place USA Swimming CEO

Chelsea Partners and Reffett Associates have assisted USA Swimming in selecting Timothy Hinchey as its president and CEO. He becomes the organization’s third leader, replacing the late Chuck Wielgus. The search was led by Andy Knox, managing director at Los Angeles-based Chelsea Partners, and Bill Reffett, managing partner at Reffett Associates in Seattle. The USA Swimming shootout was

Search Firms In Europe Continue to Make Acquisitions

Belgian-based search firm Pauwels Consulting has acquired healthcare and life sciences recruiters Vandycke & Partners and its sister company Mediconsult. Financial terms of the transaction were not disclosed. The combined firm now has more than 490 employees in the fields of life sciences, engineering and IT. For more than 27 years, Vandycke & Partners has

Calibrate Legal to Offer Search, Leadership, Marketing Services

Johnson Executive Search has announced the launch of its parent company, Calibrate Legal. The organization will be comprised of three main areas of service: executive search, which will be JJES’ purview; a leadership council; and marketing operations. “Calibrate Legal’s expanded mission is to connect the right people, ideas and information to position our law-firm clients at

Work-Life Balance Matters, But Does It Matter Most?

Work-life balance is an increasingly critical ingredient in deciding where to work, according to a newly released study by Randstad, the staffing and recruitment company. That factor was considered important to 45 percent of individuals surveyed from around the world, making it the third highest priority in sizing up would-be employers. Work-life balance moves up

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