DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Korn Ferry Posts Two Percent Revenue Decline
Korn Ferry (NYSE:KFY) has posted 2024 fiscal first quarter revenues of $668.7 million, a decrease of two percent from the same period a year ago. The decline was primarily due to decreases in the firm’s permanent placement talent acquisition offerings. Korn Ferry notes that this decrease was also due to a decline in demand driven by
Stevenson Search Partners Receives Long-Term Investment from SixSibs Capital
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has received a significant long-term investment from SixSibs Capital, a Milwaukee-based family-owned private investment company, in an effort to advance its expansion into a total talent solution company for the global life sciences market.
Executive Recruiters Pull Off Another Remarkable Year, Remain Bullish for 2023
Hunt Scanlon Media has released its annual rankings of leading executive recruiters. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2022, a result of continued pentup demand for senior-level leaders and their key reports.
Lindauer Appoints Leader of the Independent School Practice
Lindauer has named Jackie Sullivan as senior vice president and leader of the independent school practice. “Jackie consistently drives client success by providing strategic counsel that is equally focused on tactical implementation and big-picture visionary thinking,” said Deb Taft, CEO of Lindauer. “By tuning her approach to the ambitious goals of her clients, she has
GDPR – The Perfect Time to Refresh Your Database
As executive search firms grapple with the complexities of GDPR, many are concerned that the new regulation will mean deleting thousands of records built up over many years. Surely there must be an alternative?
StevenDouglas Names VP, Technology Executive Search
Executive search firm StevenDouglas has appointed Matthew Richards as vice president, technology executive search. “What sets Matthew apart is his strategic and detailed approach to executive search,” StevenDouglas said. “Rather than solely focusing on finding candidates, Matthew delves deep into understanding organizational dynamics and talent requirements, collaborating closely with the C-suite to build transformational leadership teams. This
Here’s How PE Firms Can Reduce Talent Churn and Produce Better Leaders
Participants in the ninth annual PE leadership survey conducted by AlixPartners generally agree that the most important thing they can do to achieve the financial results they demand is to pay attention to leadership and talent. For PE firms, which prioritize C-suite leadership, and portcos, which emphasize talent at all levels, “the quality of leadership and succession
Egon Zehnder Retained by Bandhan Bank for CEO Search
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and beyond any typical job description. But there’s a big problem: In most countries, while women
Evolve Giving Group Seeking CEO for the Jewish Federation of Greater Charlotte
The economic strength of the non-profit field has increased in recent years and it is now the third largest employer in the U.S. This has certainly kept search firms busy. Chicago-based executive search firm Evolve Giving Group was recently retained by the Jewish Federation of Greater Charlotte to lead in its search for a new
The American Academy of Nurse Practitioners Certification Board Using Sterling Martin to Find New CEO
Sterling Martin Associates, an executive search firm which specializes in recruiting talent for associations and other non-profit organizations, has been tapped by the American Academy of Nurse Practitioners Certification Board (AANPCB) to lead in its search for a new CEO. Under the direction of the Certification Commission, the CEO makes recommendations and participates with the
Remofirst Secures $25 Million in Funding
Remofirst, a San Francisco-based employer-of-record provider, has closed a $25 million series A funding round. The round was led by Octopus Ventures, a London-based venture capital firm, with participation by existing investors QED, Mouro Capital and Counterpart Ventures. Remofirst says that the funds will go toward new products and services as well as to bring
5 Essential Aspects of an AI-Ready Corporate Culture
The recent buzz around AI has brought a great deal of hope and excitement to organizations, particularly in the last few years. However, reflecting on the progress of other “digital transformations” over the past many years should give executives reason to pause. For example, one study on big data showed that while corporate investment in data
BarkerGilmore Fills Legal Post for Bragg Companies
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Chris Connelly as the new vice president and director of legal for Bragg Companies in Long Beach, CA. The search was led by Max Gelernter, managing director of BarkerGilmore. “Chris’s unique blend of legal expertise spanning over two decades and his immersion in the construction industry
Academic Career & Executive Search Seeking CHRO for Washtenaw Community College
Academic Career & Executive Search (ACES) was recently retained by Washtenaw Community College in Ann Arbor, MI, to lead in its search for a new chief human resources officer. The search is being led by managing partner Jennifer Muller. Reporting to the president and serving on the president’s executive leadership team, the CHRO is responsible for integrating human
Protis Global Appoints VPs of Business Development
Protis Global has expanded with the addition of Samantha Marino Parker as vice president of business development for food and beverage, and Cliff Hall as vice president of business development for automation and robotics. “Samantha and Cliff bring invaluable experience fitting within the Protis Global framework nicely,” said Bert Miller, CEO of Protis Global. “Their appointments underscore our commitment
Diversified Search Group Expands Education Practice
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named Jennifer Mason as a managing director in its education practice. “We’re thrilled to have Dr. Mason join our esteemed team of experts, especially at a time when the dynamics of leadership in higher education are rapidly evolving,” said Aileen
Private Equity In Hot Pursuit Of Chief AI Officers With Strategic Vision
AI has been increasingly buzzy in the past year as companies try to understand the potential benefits it can bring – from ringing out more efficiency in the workplace and streamlining decision-making, to improving employee productivity monitoring. Now, President Joseph R. Biden Jr. has just announced a policy to help government agencies harness its power and mitigate
Diversified Search Group | Koya Partners Selected by Newfields a Place for Nature & The Arts to Find New Leader
Koya Partners, a part of Diversified Search Group, has been retained by the Newfields a Place for Nature & The Arts to lead in its search for a new president and CEO. Tiara D. Muse, managing associate, is leading the assignment. Newfields is in a pivotal moment of growth and evolution and is seeking a dynamic and visionary CEO to
NU Advisory Partners Assists Sigma7 with Chief Technology Officer Search
Executive search firm NU Advisory Partners has assisted in the recruitment of Andy Simpson-Pirie as chief technology officer of Sigma7 in New York City. Mr. Simpson-Pirie has a technology career spanning 25 years across a spectrum of early-stage, growth-phase, and large global corporations. Over that time, he has established a track record of launching new products, leading acquisitions,
Assembly Group Partners with Employ to Recruit CEO
Austin, TX-based executive search firm Assembly Group has placed Steve Cox as the new CEO of Employ in Waltham, MA. He succeeds former CEO, Pete Lamson. “Congratulations to Steve Cox on his new role of chief executive officer at Employ,” Assembly said in a LinkedIn post. “It was a pleasure partnering with the Employ team, and we wish the
IMD International Search Group Adds New Member Firm in Poland
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters, and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Global executive search consortium IMD International Search Group has added Kaluzynski & Madeja in Warsaw,
Executive Women Making Progress Closing Pay Gap
Last month, ON Partners released its 2024 Women’s Report in recognition of Women’s History Month. The report revealed a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452K, compared to executive men’s average of $461K. In addition, when isolating director and vice president roles as a pipeline
Herbert Mines Assists Brixton with CEO Search
New York-based retail and consumer focused executive search firm Herbert Mines Associates has assisted in the recruitment of Seth Ellison as CEO of Brixton, an Altamont Capital Partners company. He replaces Raphael Peck, who left the company is December. “Herbert Mines Associates is proud to have partnered with Altamont Capital Partners to place Seth Ellison as CEO of
TalentRise Recruits Executive Director for the Theodore Roosevelt Inaugural National Historic Site
Following a comprehensive, nationwide search, TalentRise recently placed Spencer Morgan as the executive director of the Theodore Roosevelt Inaugural National Historic Site. He is taking the helm as incumbent executive director Stanton H. Hudson, Jr. steps down following 30 years of service to the Theodore Roosevelt Inaugural Site. Sarah Garcia, TalentRise consultant, led the assignment. “Stanton
The Hawkins Company Seeking Chief Equity Officer for the International City/County Management Association
The Hawkins Company, a Los Angeles-based executive recruitment firm, is currently leading the search for a chief equity officer for the International City/County Management Association (ICMA) in Washington, D.C. Yonnine Hawkins Garr, William Hawkins, and Tisa Jones are leading the assignment. ICMA’s commitment to diversity, equity, and inclusion (DEI) spans over 80 years, with dedicated efforts
WilliamCharles Search Group Merges with Reflex Staffing Solutions
WilliamCharles Search Group, a boutique executive search and professional recruiting firm headquartered in Grand Rapids, MI, has merged with Reflex Staffing Solutions, a Pittsburgh, PA-based recruiting firm. “The combined entity will continue operations under the WilliamCharles Search Group brand, expanding its geographic footprint and enriching professional capabilities and service offerings for even more comprehensive client
Evolving Life Sciences/Healthcare Sector Busier Than Ever for Recruiters
Search consultants continue to say that there is an unprecedented opportunity for visionary healthcare/life sciences leaders to redefine the future of the industry. A shifting economic climate and the rapid pace of innovation have fueled many changes in the healthcare industry through acquisitions, divestitures, and new company formations. The pandemic accelerated the adoption of technologies
BrainWorks Delivers on RightCrowd CEO Search
Warren, NJ-based executive search firm BrainWorks has secured Jason Bohrer as CEO of RightCrowd, a Bloom Equity Partners company. Ashley Peretick collaborated with Bloom Equity and RightCrowd to assess the optimal candidate for the CEO position. “Recognizing the significance of partnering with a private equity firm and the imperative of possessing adept security management skills alongside practical experience, Jason
Slone Partners Recruits CEO for Magnetic Insight
Life sciences-focused search firm Slone Partners has recruited Chris A. Raanes as the new CEO of Magnetic Insight, a global provider of magnetic particle imaging (MPI). “Chris Raanes is a highly accomplished and respected leader in the quickly evolving medical device field with the vision and management acumen necessary to engage all stakeholders in a growing, successful
The Lapham Group Helps Recruit COO for Hiscox
The Lapham Group has assisted in the recruitment of Leigh Hellrung as chief operating officer of Hiscox. She will serve on the Hiscox U.S. leadership team and will report to Kevin Kerridge, CEO of Hiscox USA. “Leigh has earned a well-deserved reputation as an inclusive, transformational leader, with a glittering track record of creating best-in-class customer
Large Language Models in PE: Strengths & Limitations
Generative AI is making it easier than ever to turn unstructured data like blog posts, customer reviews, and resumes into structured data. “Think well formatted excel files, it can do this quickly, cheaply, and at scale,” says Josh Gardner, chief technology officer at AiFlow, a specialized CRM tool designed for private equity firms. “This is
EFL Associates Recruits CFO for Ottawa University
Executive search firm EFL Associates has placed Craig Kispert as vice president and chief financial officer of Ottawa University (OU), a private Baptist university based in Ottawa, KS. Steve Waldron, the recruitment firm’s managing director—legal practice and higher education practice, led the assignment along with Angela Lilje, practice and project manager, higher education practice. Mr. Kispert brings more
Healthcare Recruiting Talent Platform Secures $149 Million in Funding
Healthcare recruiting talent platform Trusted has secured $149 million in funding. This includes a $94 million Series C led by Greenspring Associates, which was recently acquired by StepStone Group, as well as a previously unannounced $55 million Series B led by early investors Craft Ventures and Felicis Ventures. It brings the company’s total funding to $175
CEO Appointments Reach Record Levels
Companies in the first half of 2021 appointed a record number of chief executive officers, making up for a significant slowdown in the second half of 2020, according to the ‘2021 Route to the Top’ report from Heidrick & Struggles. The global intelligence survey shows that compared to their predecessors, new chief executives are more likely to be women
DHR Global Recruits CEO for Columbus Zoo and Aquarium
James Abruzzo, managing partner of the global non-profit practice for Chicago-based executive search firm DHR Global, has assisted in the placement of Tom Schmid as the new chief executive officer of the Columbus Zoo and Aquarium in Ohio. The zoo’s board of directors voted to formally name Schmid to lead the zoo, The Wilds, Safari Golf Club
Shelli Herman and Associates Recruits CFO for Catalina Island Conservancy
Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies. And there is no let-up in sight. Los Angeles-based Shelli Herman and Associates has assisted in the recruitment of Charmian
Cooper Coleman Recruits CEO for Interact for Health
Cooper Coleman LLC has placed Kate Schroder as the new president and CEO of Cincinnati, OH-based community health organization Interact for Health. Dr. O’dell Moreno Owens recently stepped down from the position. Bill Coleman, principal and co-founder of Cooper Coleman, led the assignment. “This is a particularly unique leadership opportunity, not only due to the essential
Boyden Expands in East Africa
Boyden has added new partner Farah Esmail as Boyden East Africa continues to provide leadership solutions and client service to social impact enterprises, family firms and hyper-growth, private equity-backed businesses. “Boyden East Africa is culturally astute and demonstrates a deeply held commitment to the region’s social and economic progress,” said Trina Gordon, president and CEO of Boyden. “We are delighted that
The Federal Reserve of Dallas Calls in Egon Zehnder to Find New Leader
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges, and a constant struggle to manage cost and efficiency. It is an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skillset and competencies that often go above and beyond any typical job description.
Isaacson, Miller Seeks Leader for the Allen Institute
Isaacson, Miller has been chosen to find the next president and chief executive officer for the Allen Institute, the non-profit research organization founded by the late Paul G. Allen, who co-founded Microsoft Corp. Leading the assignment are partners Cati Mitchell-Crossley and David Bellshaw, and senior associate Hayden Lizotte. The Allen Institute seeks a distinguished scientist,
Carrington & Carrington Recruits VP of Diversity, Equity and Inclusion for Lawrence University
Chicago-based Carrington & Carrington has assisted in the recruitment of Eric Mayes as vice president for diversity, equity and inclusion for Lawrence University in Appleton, WI. “Dr. Mayes has a level of passion and commitment to DEI work that will be game-changing for Lawrence,” said Laurie A. Carter, president of Lawrence University. “He has the experience that we need in
Blue Rock Acquires ReCreation’s Executive Search Practice
Blue Rock Search has acquired ReCreation’s human resources executive search practice. Financial terms of the deal were not disclosed. ReCreation’s consulting practice will remain an independent entity, separate from Blue Rock Search. Founded in 2008, ReCreation’s executive search practice has built relationships with an impressive client list, including Amazon, Oshkosh, Fluke Networks, Charles Schwab, Spectrum
IIC Partners Adds New Member Firm in India
IIC Partners Executive Search Worldwide has added Claricent Partners in India as its newest member firm. “We are thrilled to welcome Claricent Partners into IIC Partners,” said Christine Hayward, executive director of IIC Partners. “Jyoti and her team provide their clients with an exceptional search experience, and their values are very much aligned with IIC Partners. Claricent Partners
How HR Can Help Build the Organization of the Future
The pandemic has created profound and immediate changes to how societies operate and how individuals interact and work. McKinsey & Company recently spoke with 350 HR leaders about the role of uncertainty in their function. They said that over the next two years they wanted to prioritize initiatives that strengthen their organizations’ ability to drive change in
Jobless Claims Remain Idle as Recovery Looms
The Labor Department reported that 268,000 Americans have filed new claims for state unemployment benefits, a decrease of 1,000. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week’s level was revised up by 2,000 from 267,000 to 269,000. The four-week moving average was 272,750, a decrease of
Frederickson Partners Places Chief People Officer at Mitratech
With the coronavirus crisis continuing to disrupt the world economy, chief people officers are stepping up at businesses across the country, playing a vital role in helping organizations navigate what is looking to be an even greater challenge than the Great Recession. Executive recruiters across the business landscape report that searches for these C-suite executives
The Moran Company Retained to Find New Leader for Cottonwood Inc.
The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has been called in to help find the next chief executive officer for Lawrence, KS-based Cottonwood Inc., which serves individuals with intellectual/developmental disabilities. Ann Graff, senior search consultant, is leading the assignment. “The CEO reports to the board of directors and works
Allen Austin Appoints Consumer Products and Retail Sector Leader
Houston, TX-based search firm Allen Austin, parent company to Gaines International, has named Ken Wilcox as its newest partner and head of the consumer products and retail sectors in the executive search practice. “Ken is a truly exceptional addition to the Allen Austin team,” said Darcie Murray, senior managing partner. “Ken will help us make deeper inroads
Pursuing Culture as a Financial Performance Driver
Heidrick & Struggles recently surveyed 500 CEOs at large companies around the world about how they define culture and how it influences financial performance. Findings suggest that most CEOs make culture a priority. Problem is many are not particularly intentional in their pursuit of culture as a driver of financial performance. The report, which was authored by Heidrick consultants
Caldwell Reports Extraordinary Year-End Results
Toronto-based Caldwell posted Q4 revenues of $41.7 million (Canadian), a 271 percent increase from a year ago. Full year revenues rose by 106 percent, from $56.7 last year to $119.5 million. Financial results include those of IQTalent Partners (IQTP) beginning on the date of acquisition of December 31, 2020. “Fiscal 2021 was a year of enormous and
Korn Ferry Assists the New York Mets in Landing New GM
Korn Ferry has assisted in the recruitment of Billy Eppler as the new general manager of the New York Mets. The Mets did not confirm the deal because it is not yet official, but a source said the two sides were working out final contract details and completing a background check which should be completed by
Terra Search Partners Names Co-Leader of Affordable Housing and Impact Investing Practice
San Francisco, CA-based, real estate focused executive recruiting firm Terra Search Partners recently appointed Becky Regan as managing director and co-lead the firm’s affordable housing and impact investing practice. She will work alongside partner Greg Melanson. Additionally, with Regan’s hire, the firm extends its footprint in the Northeast. “At Terra Search, we are inspired by the
Egon Zehnder Assists Queensland Investment Corp. With CEO Search
After a four-month global search, Egon Zehnder has placed Kylie Rampa as chief executive officer of QIC, a leading Australian investment manager owned by the Queensland Government. Ms. Rampa will begin her new role in April, succeeding Damien Frawley, who has led the organization for over nine years. Mr. Frawley announced in June that he
Daversa Partners Recruits Chief People Officer for H1
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has assisted in the recruitment of Traunza Adams as chief people officer of H1, which provides the largest global healthcare platform that connects healthcare professionals. Director Meagan Flynn and partner Peter Baiocco led the assignment. “H1 has hired talent at an extraordinary pace, especially
The Loring Group Places VP of Supply Chain for Kendo Brands
San Francisco-headquartered executive search firm The Loring Group recently placed Ngan Lam as vice president of supply chain for Kendo Brands. The search was led by partner Rich Kampmann. Kendo Holdings is a San Francisco-based beauty brand developer and wholesaler owned by LVMH Moët Hennessy – Louis Vuitton, the world’s largest luxury group. Kendo has become the
Heidrick & Struggles Names Chief Legal Officer and Corporate Secretary
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has appointed Tracey Heaton as its new chief legal officer and corporate secretary. “As we continue to expand our suite of future-focused offerings and innovative, tech-driven capabilities, Tracey’s proven global experience across commercial, corporate and digital payments technology arenas will be incredibly valuable to our ongoing growth
Hudson Global Posts 77.1 Percent Increase in Revenues
Old Greenwich, Conn.-based recruiting firm Hudson Global Inc. / (NASDAQ:HSON) has posted third quarter of $45 million, an increase of 77.1 percent from the third quarter of 2020 and 71.8 percent in constant currency. This surpassed the Zacks consensus estimate by 11.55 percent. The company has topped consensus revenue estimates four times over the last four
SpenglerFox Appoints Head of Talent Acquisition
Global executive search and human capital solutions provider SpenglerFox has named Dimitra Filis as head of talent acquisition. She will be responsible for the firm’s talent acquisition strategy to support the rapid growth of the business in key markets. “At a time when we are growing our own talent to support the rapid expansion of our business
ESG in Private Equity and What it Means for Talent
There’s no denying that sustainability has gained traction, momentum and awareness in recent years. Governments, corporations, and non-profits around the world have increasingly come under scrutiny for their actions and policies, and in many instances their lack thereof. The issue is no longer one that’s feasible to ignore, or advisable to be passive about, and this is to
H.I. Executive Consulting Assists Volcon with CEO Search
H.I. Executive Consulting (HIEC) has recruited Jordan Davis as the new chief executive officer of Volcon, the first all-electric, off-road powersports company. He will succeed Andrew Leisner, who has served as CEO since the company’s establishment. “We are delighted to have played our part in the search for Volcon’s chief executive officer,” said Brian Donohoe, partner. “We
Lindauer Seeks VP Development for University of Washington
Boston-based Lindauer has been retained by the University of Washington to lead its search for a vice president for development, university advancement. Jill Lasman, senior executive vice president, and Tensie J. Taylor, consultant, are spearheading the assignment. “The University of Washington is seeking an inclusive, strategic and collaborative leader to serve as the next vice president
Odgers Berndtson Adds Partner to Alternative Assets Recruiting Practice
Odgers Berndtson has expanded with the addition of Coleen Howard as a partner in the asset, wealth and alternative investments sector of the firm’s financial services practice based in Boston. “We are delighted that Coleen has joined the firm,” said Steve Potter, CEO of Odgers Berndtson U.S. “Her deep background in asset and wealth management as well as
