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DAILY NEWSWIRE - TOP STORIES

M&A

Private Equity Firm In Talks to Acquire CareerBuilder

Private equity firm GTCR LLC is in exclusive talks to acquire CareerBuilder for more than $1 billion. The sale would allow CareerBuilder’s owners – TV station operator Tegna Inc., broadcasting company Tribune Media Company and newspaper group The McClatchy Company – to cash out from a non-core business. GTCR has prevailed in an auction for CareerBuilder,

Search Assignment

Witt/Kieffer Tapped by University of Illinois to Lead Provost Search

Academic institutions continue to turn to executive recruiters for leadership guidance. The latest: the University of Illinois has selected Witt/Kieffer to lead its search for a new provost for its Urbana campus. The recruiting firm, one of nine under contract by the Illinois Public Higher Education Cooperative to perform administrative, academic and medical searches, will be paid $121,600

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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

Lucas Group Names Leaders In Chicago, New York

Executive search firm Lucas Group has promoted two key players to bolster its ranks. Justin Martinez was named managing partner and leader of the firm’s Chicago-based information technology practice and Aaron Silbert was tapped as branch practice manager to spearhead its HR business in New York City. In his new role, Mr. Martinez leads an IT recruitment team with extensive

People

Saxton Bampfylde Expands In Scotland

U.K.-based executive recruiter Saxton Bampfylde has expanded in Scotland with the addition of Mary Few as a partner. She joins the firm’s Edinburgh team. Most recently, Ms. Few set up and ran operations for West Indochina, an executive search firm serving the Myanmar market. Prior to that, she worked for the Eliot Partnership, a London search firm that specializes

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

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

Survey

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

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

London-based executive search firm Morgan Hunt Executive Search 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

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,

NES Global Talent Adds IT Sector Specialist

NES Global Talent has expanded its U.K. IT division with the appointment of sector specialist Peter Staniland as a senior consultant. Mr. Staniland will focus on supplying IT experts within the oil and gas and engineering sectors. He was formerly a senior consultant with Oliver James Associates. “Peter has a discipline specific background within IT

Chartwell Partners Recruits President for Key Private Bank

Executive search firm Chartwell Partners has placed Terry Jenkins as the new president of Key Private Bank. Mr. Jenkins previously served as president and chief executive officer of U.S. Wealth Management at BMO Harris Private Banking. Key Private Bank provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in

Development Resources Finds CEO for Armed Services YMCA

Development Resources, Inc. (DRi) has recruited Vice Admiral William French as president and chief executive officer for the Armed Services YMCA. Vice Admiral French retired in October 2014 with over 35 years of service in the U.S. Navy. Headquartered in Springfield, Virginia, Armed Services YMCA provides specialized programs and support services to military service members

DHR Widens Ownership Stake In Rival CTPartners

Chicago-based DHR International, the sixth largest U.S. executive search firm, has increased it's ownership position in rival Top 10 recruiter CTPartners to more than five percent. DHR will shortly file a Schedule 13D with the Securities and Exchange Commission to report its beneficial ownership of 449,501 shares in the company. A DHR insider believes the

Odgers Berndtson Adds Energy, Manufacturing and Infrastructure Practice Specialist in India

Odgers Berndtson has named Sandeep Vij as a partner in the firm's energy, manufacturing and infrastructure practice in India. Mr. Vii was the chief operating officer of Smiths Detection India and has previously held senior roles in world class multinational industrial and technology companies, including Schneider Electric, Cisco, Honeywell Automation and Johnson Controls. Alasdair Spink,

Executives Online Expands in the Netherlands

International interim management and executive recruitment firm Executives Online has expanded its Netherlands office with the appointment of Wilco Hendriks as managing partner. He is the fifth partner to join The Netherlands team and will be based in the Amsterdam office specializing in the transport, logistics and warehousing sectors. Mr. Hendriks brings 35 years’ experience

Egon Zehnder Heading CEO Search For Adidas

Egon Zehnder has been retained by Adidas to lead its search for a new chief executive officer. Longtime CEO Herbert Hainer has recently struggled to meet profit targets. Adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products worldwide. Founded in 1964, Egon Zehnder specializes in the recruitment and

Boyden Finds CEO for Corpus Christi Regional Economic Development Corp.

Boyden has recruited Iain Vasey as chief executive officer of Corpus Christi Regional Economic Development Corp. Mr. Vasey was previously the executive director of business development for the Baton Rouge Area Chamber. “Between 75-125 people were contacted about the position,” said Tim C. McNamara, Boyden managing partner. The Corpus Christi Regional Economic Development Corp. is

Fox Rodney Search launches FRS Insight

Fox Rodney Search (FRS) has launched a new company called FRS Insight, designed to assist law and other professional services firms in finding quality talent. FRS Insight was created to support a client's lateral partner recruitment process by identifying and mitigating potential risks associated with a bad hire. FRS Insight will operate as a separate

Bells Oaks Executive Search Names Associate Partner

Atlanta-headquartered Bell Oaks Executive Search has named James Gates as an associate partner. Mr. Gates will be responsible for the sourcing and matching of candidates for Bell Oaks clients and developing new client relationships for the firm. Prior to joining Bell Oaks, he worked in development for Piedmont Healthcare. He also launched FotoIN, a technology

IIC Partners Adds Pearson Partners to Network

IIC Partners has added Dallas-based Pearson Partners International as its newest member firm. Pearson Partners was founded in 2002 by search industry veterans Robert Pearson and Keith Pearson. The firm specializes in C-suite, board of director and succession search placements across a wide spectrum of functional roles. “We are excited to work with the many

Brigham Hill Consultancy Recruits CFO for the Northeast School

Executive search firm Brigham Hill Consultancy has placed Michal Anderson Allaire as the new chief financial officer for The Northwest School. Ms. Allaire joins from the Pacific Science Center, where she has been the chief financial and operating officer since 2009. Based in Seattle, The Northwest School is a day and boarding, college preparatory school,

MSA Executive Search Retained by Beebe Health to Find CEO

MSA Executive Search has been selected by Beebe Health in Lewes, Delaware to lead its search for a new chief executive officer. Founded in 1916, Beebe Healthcare offers an array of inpatient, outpatient, emergency, and diagnostic services. As an integrated healthcare strategies firm, MSA offers clients a range of leadership placement and management solutions including

Caldwell Partners Recruits CFO for RioCan REIT

The Caldwell Partners International Inc. has placed Cynthia Devine as chief financial officer of RioCan Real Estate Investment Trust. Elan Pratzer, managing partner, Canada for Caldwell Partners, headed the assignment. Ms. Devine was CFO at Tim Hortons from 2003 until 2014, and is a director of Empire Company Limited. RioCan is Canada's largest real estate

Diversified Search Appoints Dale Jones as CEO

Diversified Search has appointed current president Dale E. Jones as its chief executive officer. Judith M. von Seldeneck, founder of Diversified Search, will continue to play an active role in the firm as chairman. Mr. Jones, who joined Diversified in 2013, was previously vice chairman and partner at Heidrick & Struggles. “Dale has brought strategic

TalentRISE Selects New Leader

TalentRISE, a Chicago-based executive search firm, selected Rick Gray to join its staff as chief executive officer to execute on the company’s business plan and lead the development and implementation of its longer-term growth strategy. Mr. Gray previously managed the operations of Gray Talent Group, a Chicago-based talent agency representing professional actors performing locally, and

Dice Posts 16 Percent Q4 Revenue Increase; Up 23 Percent For Full Year

Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $67.8 million, an increase of 16 percent from $58.4 million in the comparable quarter of 2013. Net income for the quarter totaled $6.5 million, resulting in diluted earnings per share of $0.12, compared a loss of $5.9 million or $(0.11)

Heidrick & Struggles to Lead CEO Search for Owens & Minor

Heidrick & Struggles is leading the search for a chief executive officer for Owens & Minor. Current president and CEO James L. Bierman has announced his upcoming retirement. Owens & Minor is a distributor of national name-brand medical and surgical supplies and a healthcare supply-chain management company. Heidrick & Struggles is a provider of senior-level

Penna Expands With New Appointments

Penna Plc has announced several new appointments to its executive interim and search practice. Marcus Lorenzo becomes the firm's new head of practice for the retail and consumer sectors. Mr. Lorenzo has 12 years’ experience in conducting executive search and developing talent management programs both in the U.K. and internationally for small and large businesses;

Notogroup Launches Source Talent Division

Notogroup Inc., parent company of Notogroup Executive Search, has launched Source Talent which will provide clients with candidates at manager and director level positions. Candie Fisher, principal of Notogroup, will serve as head of the Source Talent division which will be based out of the firm's Boulder office. “We created Source Talent in response to

Spencer Stuart Selected by MillerCoors to Conduct CEO Search

Spencer Stuart is currently heading the chief executive officer search for MillerCoors. Current CEO Tom Long plans to retire from the company in June. Chicago-headquartered MillerCoors brews, markets and sells the MillerCoors portfolio of brands in the U.S. and Puerto Rico. Spencer Stuart is a global executive search and leadership advisory firm with 55 offices

Egon Zehnder Heading Chairman Search For RBS

Egon Zehnder has been retained by the Royal Bank of Scotland (RBS) to lead its search for a new chairman. RBS provides banking services to over 17 million retail customers. Founded in 1964, Egon Zehnder specializes in the recruitment and leadership solutions business with more than 400 consultants operating from 69 offices in 41 countries.

O’Neill Consulting Group Adds Managing Director In Washington, D.C.

Search firm O’Neill Consulting Group, Inc. has named Thomas H. Dougherty as managing director in its Washington, D.C. office. Mr. Dougherty will assist in the expansion of the firm's industrial, aerospace, and defense practices. With over 25 years of functional expertise in P&L leadership, strategy, distribution, aftermarket, and business development, he most recently served as

B.E. Smith Adds Talent Acquisition Strategy Leader

Executive recruiting firm B.E. Smith has named Lisa Carr as senior vice president, talent strategies. An experienced senior healthcare executive and talent acquisition leader, she will head the firm's talent strategies division. Ms. Carr was previously vice president of talent acquisition at New York-Presbyterian Hospital. “We are seeing unprecedented demand for experienced leadership as healthcare

RSA Names Three New Consultants

RSA, a global life sciences executive search and interim management specialist, has expanded its consultant team with the additions of Beatriz de Luis, Maria-Angeles Garcia and Omar de Bary. In 2009, Ms. de Luis joined SEC Recruitment and spent three years focusing on the Spanish pharmaceutical market across a number of functional areas. In 2013,

McDermott & Bull Recruits CEO For Luminara Worldwide

Irvine, CA-based McDermott & Bull has placed Elliott Resnik as the chief executive officer of Luminara Worldwide, LLC. Rod McDermott, managing partner, headed the search and partner Brandon Biegenzahn co-led on the assignment. Mr. Resnick spent 18 years as the CEO of GIFTCO, a home décor and giftware business. “Elliott’s deep experience in the home

William Spellman Executive Search Heading Assignment For University Of Delaware

William Spellman Executive Search has been selected by the University of Delaware to lead its search for a new director of admissions to replace Jose Aviles, who is leaving in May. Based in Webster, NY, William Spellman Executive Search specializes in recruiting high quality diverse pools for administrative positions in higher education.

Monster Worldwide Down Five Percent On The Year; Earnings Nosedive

Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $186 million for the fourth quarter, a six percent drop compared with $211.2 million in the comparable quarter last year. Revenue from the Company's Careers – North America operations decreased four percent and revenue from Careers – International decreased nine percent year over year. The company reported a

Championscott Partners Places Chief Hr Officer At Opera Solutions

ChampionScott Partners has placed Tali Rabin as chief human resources officer at Opera Solutions. Ms. Rabin previously spent four years as senior vice president of human resources at 3i-MIND. Opera is a technology and analytics company committed to using science and technology to turn the raw material of big data into higher productivity, healthier bottom

Odgers Berndtson Recruits Managing Director for HarbourVest

Odgers Berndtson has recruited Kevin Warn-Schindel as a managing director at HarbourVest. Based in Boston he leads the company's real assets investment program which includes a focus on energy, infrastructure, natural resources and real estate. Mr. Warn-Schindel joins HarbourVest after 10 years as the group head and managing director of OPTrust Private Markets Group, an

Korn Ferry to Acquire Pivot Leadership

Korn Ferry has entered into a definitive agreement to acquire Pivot Leadership, a global provider of customized and scalable executive development programs. The transaction is expected to close on March 1. Pivot Leadership helps companies to implement their strategies and growth plans as well as their leadership development initiatives. The firm has expertise in providing

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