Penrhyn Forms Technology, Media & Telecoms Practice Group
May 19, 2017 – 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, Australia and UAE.
“Technology is changing the world very quickly, with leading technology, media & telecoms companies at the frontier of this disruption,” said Mr. Poirier. “To be successful in facing these new challenges, businesses across these industries must harness the significant opportunities technology offers – both now and in the future. They need innovative leaders with the vision and capabilities to drive growth, identify new revenue streams and transform existing business models.”
Mr. Poirier said the new global technology, media & telecoms (TMT) practice group will use Penrhyn’s tailored recruitment approach to help clients find the leaders they need. “Penrhyn International has a distinctive client approach, tailored to meet increasingly complex talent requirements, which goes far beyond traditional search and recruitment methods,” he said.
Michael Herst, Penrhyn’s chairman, said that the practice group puts the firm in a venerable position. “Penrhyn’s global reach combined with our extensive knowledge and expertise in the technology, media & telecoms field means we are strongly placed to offer search professionals who can support businesses to build highly effective leadership teams in today’s competitive markets,” he said.
Technology, Media & Telecoms Sector
The technology, media & telecoms sector, sometimes referred to as technology, media and communications, is used by investment bankers, investors, traders and other market participants. Because this segment covers a broad range, it is often useful to break down technology, media & telecoms into sub-sectors such as semiconductors, hardware, software, mobile, Internet, networking, etc.
With its array of new and high-tech firms, the sector also experiences a fair amount of mergers, acquisitions and initial public offerings. It includes a wide range of companies, which are interrelated through their dependence on research & development, the value of patents and other intellectual property protections, and preference for rapid growth.
Accessing Global Talent Pool
Penrhyn International is a global network of executive search firms, with offices in more than 40 cities globally.
Dotto ReSearch, an executive search firm with a strong portfolio of international clients in northern Italy, recently joined Penrhyn. Founded in 1985, and with offices in Verona, Pordenone and Milan, the senior leadership team consists of owner and managing director Giovanna Dotto and partners Alessandro Vergine and Claudio Zuccolotto. Key sector expertise includes industrial and automotive, financial services, logistics, utilities and retail, aviation, food & beverage and consumer goods.
In addition, the Penrhyn network made a strategic expansion into North America with a joint venture partnership between Canadian executive search firms Leaders & Co and Davies Park Executive Search. With offices in Montreal, Toronto, Ottawa, Winnipeg, Saskatoon, Edmonton, Calgary and Vancouver, Leaders & Co. / Davies Park Executive Search specialize in board-level positions, leadership succession, and executive recruitment assignments based on fundamental, in-depth research on human capital, providing a seamless and human-centric approach to executive search.
Last year, Penrhyn elected Mr. Herst as chairman and Charles Lew as director and treasurer. Mr. Herst, a partner at U.K. member Osprey Clarke, has played an active role since joining the board in 2012, including periods as both treasurer and vice chairman. Mr. Lew established Coleman Lew & Associates in 1979. Over the past 37 years he has conducted more than 375 search engagements, and has built a national reputation in the search industry.
Contributed by Dale M. Zupsansky, Managing Editor – Hunt Scanlon Media
