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DAILY NEWSWIRE - TOP STORIES

Survey

Why Companies Remain Indifferent to Millennials In the Workplace

New data from the 2017 ‘Millennial Hiring Trends Study,’ by MRINetwork indicates that among the executive, managerial and professional ranks misconceptions about what is important to Millennials, and a lack of urgency about their roles in the workplace, are preventing many employers from gaining traction with this younger generation. Despite these shortcomings, the study reveals that

Search Assignment

Fairfield University Turns to Russell Reynolds Associates to Find New Leader

A number of top schools around the country have announced they are looking for new, high profile leaders to take them into the future. In just about every case, executive recruiting firms have been involved in some aspect of the search and selection process. Fairfield University turned to Russell Reynolds Associates last fall to find its ninth president. Rev. Jeffrey

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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 international

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,

FaithSearch Partners Retained by Highland Park United Methodist Church

FaithSearch Partners has been retained by Highland Park United Methodist Church (HPUMC) to lead in its search for a new director of music and arts. “Worship plays a vital role for Highland Park United Methodist and we are delighted to lead this search,” said Jeff Jernigan, senior vice president and ministry team leader at FaithSearch

IIC Partners Names 2014 Lifetime Achievement Award Recipient

IIC Partners has named Martine Bournerias as the recipient of its 2014 Lifetime Achievement Award. Ms. Bournerias is partner and practice leader, financial services, of Paris-based Progress. She served as European vice chair of IIC Partners from 2003 to 2006 and subsequently served as board chair from 2006 to 2009. Ms. Bournerias has been an

Executives Online Appoints Principal Consultant

International interim management and executive recruitment firm Executives Online has appointed Jennifer Mitchell as a principal consultant. Ms. Mitchell is based in Executives Online’s Winchester office and is responsible for recruiting executives across the sales and marketing sector. She brings 10 years of experience in leading, recruiting and networking with sales professionals in the U.K.

Kelly Services Records 3.8 Percent Revenue Increase

Kelly Services, Inc./(NASDAQ:KELY), a global provider of workforce solutions, reported revenue for the third quarter of 2014 totaled $1.4 billion, a 3.8 percent increase compared to the corresponding quarter of 2013. Earnings from operations for the quarter totaled $7.1 million, compared to $20.2 million reported last year. Diluted earnings per share were $0.03 compared to

Martin Partners Fills Associate Director Position for Biogen

Executive search firm Martin Partners has placed Graig Suvannavejh as associate director – new product commercialization at Biogen Idec. Mr. Suvannavejh was previously a senior analyst at MLV & Co. Biogen Idec is a global biotechnology company based in Cambridge, Massachusetts, specializing in discovering, developing, and delivering therapies for the treatment of neurodegenerative, hematologic and

Heidrick & Struggles Leading CIO Search for Maryland State Retirement & Pension System

Heidrick & Struggles has been retained by the Maryland State Retirement & Pension System in Baltimore to lead in its search for a new chief information officer. A. Melissa Moye resigned in August to become a senior policy adviser with the Treasury Department’s office of state and local finance. The position is expected to be

CLKiley Associates to Serve Alternative Investment Market and Real Estate Sectors

Senior executive recruiter Cornelia Kiley has opened CLKiley Associates, a boutique executive search firm focused on the alternative investment market and the real estate sector. Based in New York, the firm works with banks, asset managers, private equity and real estate firms. Previously, Ms. Kiley worked at CTPartners as a senior member of its global

Chisholm & Moore Executive Recruitment Adds to London Staff

Chisholm & Moore Executive Recruitment, part of C&M Recruitment Consultancy, has added Harri Goode and Sophie Driscoll as account managers in London. They will use their experience in the travel industry to help companies in the sector address their executive travel staffing needs. Ms. Goode’s career in the travel industry has seen her work as

Wurster Partners Places Chief Marketing Officer at Bellagio

Executive search firm Wurster Partners has placed Elizabeth Harlow as chief marketing officer of Bellagio, an MGM Resorts International property. With nearly two decades of luxury brand strategy and marketing experience, Ms. Harlow joins Bellagio from Loews Hotels & Resorts where she most recently served as senior vice president of marketing. MGM Resorts International is

Egon Zehnder To Lead Executive Editor Search For People Magazine

Egon Zehnder has been selected by Time Inc. to lead in its search for a new executive editor for People magazine. The new editor, when selected, will also oversee Entertainment Weekly. People is a weekly American magazine of celebrity and human-interest stories. Egon Zehnder specializes in the recruitment and leadership solutions business with 420 consultants

Agilium Worldwide Elects New Global Chairperson

Agilium Worldwide, LLC, has elected Pedro J. Nieto, founding partner of Madrid-based executive search firm Ellis & Partners, as its new global chairperson. Mr. Nieto had previously served on the Agilium Worldwide executive committee as director for Europe, Middle East and Africa, from 2012 to 2014. Xavier de Zamacona of DeZaSearch, Mexico, had been serving

Coulter Partners Opens Swiss Office

Search firm Coulter Partners has strengthened its capabilities in Europe with the addition of new Swiss office and the hiring of Tobias Ernberg as executive vice president. Mr. Ernberg previously headed the Swiss office at Bench International. He has four years’ experience working in the executive search sector, specializing in recruiting global senior-level talent for

RSR Partners Adds Managing Director in Greenwich

RSR Partners, a corporate governance and executive search firm, has added Jeffrey von der Schulenburg as managing director in its Greenwich office. He becomes a member of the firm’s legal, regulatory, and compliance and financial services practices. Mr. von der Schulenburg brings more than 25 years of international executive search experience in the legal and

Progression of Women in Workplace Lags Says Mercer Study

Women, who continue to be underrepresented at most levels in the workforce, are not progressing in their careers despite two decades of organizational efforts to achieve gender diversity and equality, according to new global research from consultants Mercer. According to the study’s findings, if the current approaches continue unchanged, only one-third of executive positions will

Diversified Search Retained by Jacksonville State University for President Search

Diversified Search has been selected by Jacksonville State University to lead in its search for a new president. The search will be led by Diversified Search managing director for the southern region, Barry Vines, and principal in the firm’s Atlanta office, Euris Belle. Jacksonville State University is a regional public coeducational university located in Jacksonville,

Jorgenson Consulting Heading CEO Search for Greensboro Partnership

Executive search firm Jorgenson Consulting has been chosen by Greensboro Partnership to help identify a new chief executive officer. The firm will find a leader to succeed Pat Danahy, who announced his retirement in August. Todd Jorgenson, managing director and principal of the Greensboro-based Jorgenson Consulting, will head the search. Action Greensboro is a leading

CTPartners Q3 Revenue Jumps 40 Percent

CTPartners Executive Search Inc./(NYSE:CTP) posted third quarter revenues of $45.4 million, a 39.6 percent increase from $32.6 million in the prior year’s third quarter. North America revenue increased 38.6 percent to $25.9 million; EMEA was up 33.3 percent at $11.5 million compared to $8.6 million; Asia Pacific revenue grew 129.2 percent to $3.7 million compared

Heidrick & Struggles Adds Former Yahoo! VP of Talent Acquisition

Angela Gardner has rejoined Heidrick & Struggles as a partner within the firm's global consumer markets practice. Ms. Gardner will be based in Los Angeles and work in the firm's media & entertainment practice. She rejoins Heidrick & Struggles from Yahoo!, where she led the company's global executive search team serving as its vice president

HireBetter Acquires Expiritis Consulting Group

Executive search firm HireBetter has acquired Expiritis Consulting Group, a Dallas-based firm specializing in providing growing companies executive search, interim search and talent management expertise. This is HireBetter’s third acquisition in 2014. Patrick Webster, Expiritis’ president and CEO, who previously worked at Tatum running its consulting division, will remain with HireBetter in Dallas as client

Cook Associates Places Non-Executive Director at Lancaster Colony Corp.

Chicago-based Cook Associates Executive Search has placed Robert P. Ostryniec as non-executive director of Lancaster Colony Corporation. The search was led by Thames Fulton, managing partner of Cook Associates’ board advisory services practice. Mr. Ostryniec was selected based upon his extensive business background and experience, particularly with respect to supply chain and logistics expertise and

B.E. Smith Heading COO Search for Eastern Maine Medical Center

Executive recruiting firm B.E. Smith has been retained by Eastern Maine Medical Center (EMMC) to lead in its search for a new senior vice president and chief operating officer. Located in Bangor, Maine, EMMC is a 411-bed medical center which serves communities throughout central, eastern and northern Maine. Founded in 1978, B. E. Smith is

Allen Austin Acquires Gaines International

Global leadership advisory firm Allen Austin has acquired Chicago-based Gaines International, an executive search firm that specializes in the architectural design, real estate, construction and engineering sectors. Financial terms of the deal were not disclosed. The transaction includes offices in Chicago, Detroit, New York and London. Gaines International focuses on the architecture, interiors, planning, engineering,

Monster Names New CEO Amid Revenue Declines

Timothy Yates, a director at Monster and former chief financial officer, is taking over as CEO following the resignation of Sal Iannuzzi, the firm’s chairman, president and CEO. Monster Worldwide, Inc./(NYSE:MWW) posted revenues of $191 million for the third quarter ended September 30, 2014, a three percent drop compared with $197 million in the comparable

Kerridge & Partners Adds Search Practice Director

New Zealand-based search firm Kerridge and Partners has named Kathryn Cross as a director in its executive search practice. In this role, Ms. Cross will apply her management consulting approach to develop Kerridge & Partners’ search process, contributing to the growth of the practice as a whole. She has a wealth of experience in the

J. Carpenter and Co. Places CEO at Petmate

Executive search firm J. Carpenter and Co. has placed Alice Tillett as chief executive officer of Petmate. For the past six years Ms. Tillett served as president of Pacific Cycle, a $500 million global cycling portfolio including brands such as Schwinn, Mongoose, Ironhorse, and Instep. Petmate creates innovative products pet families prefer for home, travel

Caldwell Partners Recruits CFO for Calloway REIT

The Caldwell Partners International Inc. has recruited Peter Sweeney as chief financial officer of Calloway REIT. Elan Pratzer, managing partner in Canada, and consultant Tracy Posner headed the assignment. Mr. Sweeney is a recognized financial leader, having previously served in a number of senior financial roles, most recently as CFO of Allied Properties Real Estate

Boyden Adds to Financial Services Practice in Hong Kong

Boyden has added Stephen Leung to its Hong Kong office as a partner in the firm’s global financial services practice. Mr. Leung has 20 years’ experience in the financial sector, most recently serving as regional northeast Asia sales director – investors & intermediaries, transaction banking for Standard Chartered Bank in Hong Kong. Previously, he was

Fesa Expands with Two New Partners

Fesa Global Executive Search has named Renata Klee de Vasconcellos as director and partner where she will work in the firm’s IT/telecom & media practices and Pedro Folque de Almeida as vice president and partner of the firm's industrial and infrastructure practices. With more than 15 years of experience in executive search, Ms. Klee de

Hudson Global Posts Flat Revenues

Hudson Global/(NASDAQ:HSON) has posted third quarter 2014 revenues of $163 million, flat year-over-year. During the quarter, Asia Pacific reported a 15 percent gross margin growth on a year-over-year basis, helped by 27 percent growth in China. Gross margin in the U.K. and Europe remained largely flat despite strong performances in Belgium and Spain, with 15

Korn Ferry Heading President Search for Federal Reserve Bank of Philadelphia

Korn Ferry has been retained by the Federal Reserve Bank of Philadelphia to lead in its search for a new president. Current president Charles Irving Plosser will retire on March 1st after more than eight years in the position. The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank

Boardwalk Consulting Heading CEO Search for the Community Foundation

BoardWalk Consulting has been retained by The Community Foundation to lead in its search for a new chief executive officer. Darcy Oman, The Community Foundation’s top executive, will retire by the end of next year. Established in 1968, the publicly supported, tax-exempt Community Foundation provides the organizational infrastructure for local philanthropy. BoardWalk Consulting, a member

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