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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.

Survey

Five Tips for Recruiting Best-In-Class Talent

Finding the best employee to fill a role is crucial to any organization, but it rings especially true for top positions. When hiring C-suite leaders, the cost of a bad hire can be more than a monetary setback. You cannot undo poor company performance when your top executives do not perform. “As you delve into the

Survey

U.S. Job Growth Machine Cranks On

Employers added 211,000 jobs last month as the U.S. unemployment rate fell to 4.4 percent, according to the most recent U.S. Bureau of Labor Statistics report. During the month, the number of workers unemployed also dropped to 7.1 million. April marked the 77th straight month of job growth in the U.S. Economists had widely expected the number

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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.

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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

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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

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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

The Onstott Group Recruits CFO for DYN

Executive search firm The Onstott Group has placed Kevin Bisson as chief financial officer at Dyn. Mr. Bisson previously served as SVP, treasurer and CFO at Mercury Systems. “Rick Faubert and Scott Tucker exceeded our expectations on this important assignment. They ran a fluid, effective and no-nonsense process that quickly zeroed in on what we

Spencer Stuart Selected by Singapore Exchange for CEO Search

Spencer Stuart has been retained by Singapore Exchange Ltd. (SGX) to lead its search for a new chief executive officer. Magnus Bocker will be exiting his post at the end of his contract on June 30. Singapore Exchange connects investors in search of Asian growth to corporate issuers in search of global capital. Spencer Stuart

JDG Associates Completes Search for Federal Retirement Thrift Investment Board

Executive search firm JDG Associates Ltd. has placed Ravindra Deo as chief investment officer of the Federal Retirement Thrift Investment Board. Ms. Deo comes to FRTIB from Altura Capital which provides institutional consulting, analytics and investment services to large institutional clients with well over $1 trillion in assets. The Federal Retirement Thrift Investment Board administers

CTPartners Forms Committee To Consider Possible Sale

The board of directors of CTPartners has formed a special committee to review “strategic alternatives” one day after one of its chief rivals, DHR International, announced a widening stake in the beleaguered global search company. DHR now owns more than five percent of CTPartners. It recently offered an unsolicited bid to acquire 100 percent of

Allegis Partners Names Head of Global HR Practice

Global executive search firm Allegis Partners has appointed Michael Bergen as managing partner and global practice leader of its human resources practice. Mr. Bergen brings to Allegis experience as a human resources leader at a number of premiere global companies as well as more than 15 years’ worth of executive search experience placing executives and

La Fosse Associates Names Non-Executive Chairman

La Fosse Associates has named Jonathan McKay as its non-executive chairman of the board. Mr. McKay brings over 30 years of international experience helping grow technology businesses. He is currently chairman of JustGiving, the U.K.’s largest online fundraising platform. He is also chairman of Forward Partners, a London-based start-up. CEO Simon La Fosse said: “We

Heidrick & Struggles Posts Seven Percent Revenue Gain in 2014

Chicago-based Heidrick & Struggles International/(NASDAQ:HSII) has posted 2014 revenues of $494.3 million, an increase seven percent from revenues of $462.0 million the prior year. Net income for the year was $6.8 million, with diluted earnings per share of $0.37, compared to earnings of $6.3 million, or diluted earnings per share of $0.35, in 2013. During

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

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

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,

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

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

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

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

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;

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

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