DAILY NEWSWIRE - TOP STORIES
A steady wave of M&A activity is sweeping across the executive recruiting sector
Examine how executive search firms are funding expansion, raising growth capital, seeking PE growth partners, and acquiring rivals to stay competitive in one of the hottest markets in years.
Daily Newswire
Caldwell Acquires The Counsel Network
Toronto-based Caldwell has acquired The Counsel Network Inc., a Canada-based executive search firm specializing in the Canadian legal market. The acquisition of was an all-cash deal, and no securities of Caldwell were issued in connection with the acquisition. “The Counsel Network is the most respected, connected, and powerful legal recruitment firm in Canada,” said Michael DeCosta, managing
TurnkeyZRG Assists Yale in Finding New Head Baseball Coach
TurnkeyZRG recently assisted Yale University in the recruitment of Brian Hamm as the school’s new head baseball coach. John Stuper, who has coached the team since 1992, recently announced his retirement. Mr. Hamm just led Eastern Connecticut State University (ECSU) to an NCAA Division III National Championship, capping a season in which the Warriors went 49-3.
Executive Search Firms Shatter Growth Records According to Hunt Scanlon Media
Hunt Scanlon Media has released its annual rankings of leading executive search firms. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2021, a result of pent-up demand for executives and their key reports.
ON Partners Recruits CEO for Brightspot
Partners Jeff Hocking and Tindall (Sewell) Hein of ON Partners assisted in the recruitment of Raleigh McClayton as the new CEO for Brightspot, a provider of content management, workflow solutions, and services for top global brands. “Brightspot is in the right position to serve the content industry which needs our platform and services,” said David Gang, the company’s CEO and co-founder.
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?
Guerrero Search Launched
Guerrero, a minority-owned, privately held, executive advancement company at the intersection of media, professional networks, and talent acquisition, has launched Guerrero Search, a retained executive recruitment service focused on helping companies diversify their leadership ranks. “The demand for diversity at all levels of corporate America has never been greater, yet the needle hasn’t moved much,
Why Talent is Now at the Center of Value Creation
Talent has always been, and always will be, a driver of value creation. Talent management has been an important lever in the private equity industry for years, but it has never been more critical than today. Due to the scarcity of top-end talent in the labor market, it is crucial for private equity firms to
Venture Capital Firm QED Investors Acquires Lingua Franca Search
QED Investors, an Alexandria, VA-based venture capital firm focused on investing in financial services companies, has acquired Lingua Franca Search, a boutique retained executive and professional search firm. Financial terms of the deal were not disclosed. The search firm allows QED to support portfolio companies with senior-level hires. Led by CEO Thomas King, Lingua Franca
Spencer Stuart Retained by Blue Apron for CFO Search
Spencer Stuart has been selected by meal-kit delivery services company Blue Apron Holdings to lead its search for a new chief financial officer. Randy Greben has notified the company that he has accepted a position at another company and plans to resign from his role, effective Oct. 17. Spencer Stuart recruited Mr. Greben into the
BoardWalk Consulting Seeks Executive Director for Soccer in the Streets
Executive recruitment firm BoardWalk Consulting has been enlisted to find the next executive director for Soccer in the Streets (SITS), an Atlanta-based non-profit that empowers underserved youth through soccer, character development, mentoring, and employability programs. Leading the assignment are John Sparrow, senior director, and Lysondra Somerville, senior research associate. “As it looks toward the future, SITS seeks
Korn Ferry Announces Board Changes
Korn Ferry has elected Charles Harringtonv as a new member to its board of directors and appointed Jerry Leamon as a new non-executive chair. Christina Gold, who has served on the firm’s board since 2014, and most recently as the non-executive chair since 2019, has retired from the board. In addition, George Shaheen retired from the
Global Employment Outlook for Q4 Remains Strong Despite Macro Jitters
The global labor market remains strong with steady hiring expected for the remainder of 2022, according to the Q4 ManpowerGroup Employment Outlook Survey of 40,700 employers. Used internationally as a bellwether of economic and labor market trends, the net employment outlook – calculated by subtracting the percentage of employers who anticipated reductions to staffing levels from
DHR Global Seeks Chief Zoological Officer for Woodland Park Zoo
DHR Global has been enlisted to find a chief zoological officer (CZO) for the Woodland Park Zoo in Seattle. The assignment is being led by James Abruzzo, managing partner, global non-profit practice, and Michele Baird Counter, principal. The chief zoological officer reports directly to the zoo’s president and CEO and serves many of the classical functions
Steven John & Associates Retained by Center for Independence of Individuals with Disabilities to Find New Leader
Executive search firm Steven John & Associates has been chosen by the Center for Independence of Individuals with Disabilities (CID) in San Mateo, CA to find a new executive director. Steve John and Jason Snyder are leading the assignment. The executive director acts as the CEO of the organization and is responsible for the overall management and direction of
RMN Electi Recruits Chief Product Officer for Northwoods
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work on
Newman Group Search Launches Interim Workforce Division
Sanford Rose Associates – Newman Group Search has launched a new interim workforce division and named Brigid Sciaccotta as its practice leader. “The newly created interim workforce department and leadership role are the firm’s response to escalating demand for interim talent in the insurance arena,” said Peg Newman, partner. She cites economic forces such as the pandemic, “The
Hiring Operators as Early Stage Investors — 5 Key Characteristics for Success
In the start-up world, seasoned operators have experienced product launches, growth cycles, fund-raises, and human capital challenges. They’ve achieved huge successes and endured great failures. Operators know firsthand how to build the ideal infrastructure for sustainable scaling and long-term growth, according to a new report from SPMB’s Emily Wallach. “Historically, venture capital firms brought in
Heidrick & Struggles Recruits CEO for LiqTech International
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles has recruited Fei Chen as the new chief executive officer of LiqTech International, a clean technology company that manufactures and markets highly specialized filtration technologies. Ms. Chen, who will start on or before Nov. 1, will also be a member of LiqTech’s board of directors.
Development Guild DDI Tapped to Find President for The Doe Fund
Non-profit specialist recruitment firm Development Guild DDI has been enlisted to find the next president of The Doe Fund (TDF), which helps homeless and formerly incarcerated men rebuild their lives. Kieran McTague, senior vice president and director, New York, is leading the assignment. The opening at the prominent New York City charity follows the death of founder
Harris Search Associates Recruits Dean for Charles R. Drew University of Medicine and Science
Dublin, OH-based executive recruitment firm Harris Search Associates has assisted in the recruitment of Monica G. Ferrini as dean of the College of Science and Health (COSH) at Charles R. Drew University of Medicine and Science (CDU) in Los Angeles. “I look forward to the flourishing of COSH under Dr. Ferrini’s leadership,” said Sylvia Manning, interim provost and
Kingsley Gate Partners Names Chief Digital Officer
Private equity-backed Kingsley Gate Partners has named Saurabh Gupta as chief digital officer. Based in Boston, he will be responsible for defining the strategy and technical vision of the firm. “Saurabh has proved himself to be both a visionary and builder of cutting-edge HRIS systems to benefit clients, candidates, and firm members,” said Umesh Ramakrishnan, CEO of
The CEO’s Role in Digital Transformation
Digital transformation is on a lot of people’s minds, and many chief executive officers are struggling to figure out where they fit within this. The CEO’s responsibility is to serve as the heartbeat of an organization, driving culture from the top down, owning and meeting key business objectives, and influencing internal and external stakeholders to
The Christopher Group Seeks Chief People Officer for Vervent
Talent acquisition strategies at many large companies have become as complex as their balance sheets. And while CHROs play a vital role in overseeing an organization’s broad-based workforce, the chief people officer typically goes beyond overseeing its people policies. The focus instead is on building talent as a key competitive advantage, with more emphasis on
WittKieffer Places Chief Diversity Officer at Gettysburg College
After a national search, Oak Brook, IL-based search firm WittKieffer has placed Eloísa Gordon-Mora as the new chief diversity officer of Gettysburg College in Pennsylvania. Christine Pendleton, senior associate, and Randi Miller, associate, led the assignment. Dr. Gordon-Mora serves as a member of Gettysburg’s president’s council and is charged with advancing the school’s diversity, equity,
ZRG Partners Opens Office in Munich
ZRG Partners has opened a new office in Munich and named Ralph von Pallandt as managing director to spearhead a new location. He also furthers the firm’s reach into Germany and Europe. “With his great success as a CHRO across multiple countries for General Motors and SVP for Allianz in Europe and the U.S., Ralph
Daversa Partners Expands Senior Leadership Team
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has named Lindsay Keith as the firm’s newest partner adding nearly a decade of search experience to this senior leadership team. “Lindsay is one of those unique leaders with the ability to compel and encourage her team to take risks while simultaneously fostering a
Midst Inflation Pressures and Recession Fears, Data Reveals What Skills Will Drive Growth and Mitigate Risk
Companies today are facing a business landscape that offers significant opportunities for growth and innovation fueled by drastic changes in consumer demand, rapid technological advancement, and the widespread adoption of hybrid work. Yet new concerns have emerged— from the extraordinarily tight labor market to rapidly rising inflation to geopolitical tensions that stress not only supply
Five Tips to Help You Help Your Recruiter to Land Your Next Role
You just know the executive search recruiter you connected with is going to help you land your next job! He already has three roles he thought you’d be perfect for. Now, you just need to wait anxiously for the phone call to get the ball rolling, right? But, after hours, days, or maybe weeks of
Vetted Solutions Seeks CEO for American Society for Clinical Pharmacology and Therapeutics
The American Society for Clinical Pharmacology and Therapeutics (ASCPT) has retained Washington, D.C.- based Vetted Solutions to lead its search for a new chief executive officer. The new CEO will replace a retiring executive and implement the organization’s strategic and annual operating plans. The individual will be expected to oversee all of ASCPT’s programs and services, including
Herbert Mines Associates Appoints CEO
New York-based retail and consumer focused executive search firm Herbert Mines Associates has named president Brenda Malloy as CEO, effective at the start of 2023. Current chairman and CEO Hal Reiter will remain as chairman. In her new role, Ms. Malloy will be responsible for the strategic growth of the firm. Ms. Malloy is only the third
Jensen Partners Secures Strategic Investment from JB Capital
Jensen Partners, a women-owned executive search and corporate advisory firm that enables data-driven talent solutions for the asset management industry, has received a strategic investment from JB Capital, a Bellevue, WA-based investor focused on market areas underserved by institutional investors. Although the amount was undisclosed, the investment will enhance Jensen Partners’ ability to empower asset
Jensen Partners Secures Strategic Investment from JB Capital
Jensen Partners, a women-owned executive search and corporate advisory firm that enables data-driven talent solutions for the asset management industry, has received a strategic investment from JB Capital, a Bellevue, WA-based investor focused on market areas underserved by institutional investors. Although the amount was undisclosed, the investment will enhance Jensen Partners’ ability to empower asset
Caldwell Acquires The Counsel Network
Toronto-based Caldwell has acquired The Counsel Network Inc., a Canada-based executive search firm specializing in the Canadian legal market. The acquisition of was an all-cash deal, and no securities of Caldwell were issued in connection with the acquisition. “The Counsel Network is the most respected, connected, and powerful legal recruitment firm in Canada,” said Michael DeCosta, managing
TurnkeyZRG Assists Yale in Finding New Head Baseball Coach
TurnkeyZRG recently assisted Yale University in the recruitment of Brian Hamm as the school’s new head baseball coach. John Stuper, who has coached the team since 1992, recently announced his retirement. Mr. Hamm just led Eastern Connecticut State University (ECSU) to an NCAA Division III National Championship, capping a season in which the Warriors went 49-3.
ON Partners Recruits CEO for Brightspot
Partners Jeff Hocking and Tindall (Sewell) Hein of ON Partners assisted in the recruitment of Raleigh McClayton as the new CEO for Brightspot, a provider of content management, workflow solutions, and services for top global brands. “Brightspot is in the right position to serve the content industry which needs our platform and services,” said David Gang, the company’s CEO and co-founder.
Guerrero Search Launched
Guerrero, a minority-owned, privately held, executive advancement company at the intersection of media, professional networks, and talent acquisition, has launched Guerrero Search, a retained executive recruitment service focused on helping companies diversify their leadership ranks. “The demand for diversity at all levels of corporate America has never been greater, yet the needle hasn’t moved much,
Why Talent is Now at the Center of Value Creation
Talent has always been, and always will be, a driver of value creation. Talent management has been an important lever in the private equity industry for years, but it has never been more critical than today. Due to the scarcity of top-end talent in the labor market, it is crucial for private equity firms to
Venture Capital Firm QED Investors Acquires Lingua Franca Search
QED Investors, an Alexandria, VA-based venture capital firm focused on investing in financial services companies, has acquired Lingua Franca Search, a boutique retained executive and professional search firm. Financial terms of the deal were not disclosed. The search firm allows QED to support portfolio companies with senior-level hires. Led by CEO Thomas King, Lingua Franca
Spencer Stuart Retained by Blue Apron for CFO Search
Spencer Stuart has been selected by meal-kit delivery services company Blue Apron Holdings to lead its search for a new chief financial officer. Randy Greben has notified the company that he has accepted a position at another company and plans to resign from his role, effective Oct. 17. Spencer Stuart recruited Mr. Greben into the
BoardWalk Consulting Seeks Executive Director for Soccer in the Streets
Executive recruitment firm BoardWalk Consulting has been enlisted to find the next executive director for Soccer in the Streets (SITS), an Atlanta-based non-profit that empowers underserved youth through soccer, character development, mentoring, and employability programs. Leading the assignment are John Sparrow, senior director, and Lysondra Somerville, senior research associate. “As it looks toward the future, SITS seeks
Korn Ferry Announces Board Changes
Korn Ferry has elected Charles Harringtonv as a new member to its board of directors and appointed Jerry Leamon as a new non-executive chair. Christina Gold, who has served on the firm’s board since 2014, and most recently as the non-executive chair since 2019, has retired from the board. In addition, George Shaheen retired from the
Global Employment Outlook for Q4 Remains Strong Despite Macro Jitters
The global labor market remains strong with steady hiring expected for the remainder of 2022, according to the Q4 ManpowerGroup Employment Outlook Survey of 40,700 employers. Used internationally as a bellwether of economic and labor market trends, the net employment outlook – calculated by subtracting the percentage of employers who anticipated reductions to staffing levels from
DHR Global Seeks Chief Zoological Officer for Woodland Park Zoo
DHR Global has been enlisted to find a chief zoological officer (CZO) for the Woodland Park Zoo in Seattle. The assignment is being led by James Abruzzo, managing partner, global non-profit practice, and Michele Baird Counter, principal. The chief zoological officer reports directly to the zoo’s president and CEO and serves many of the classical functions
Steven John & Associates Retained by Center for Independence of Individuals with Disabilities to Find New Leader
Executive search firm Steven John & Associates has been chosen by the Center for Independence of Individuals with Disabilities (CID) in San Mateo, CA to find a new executive director. Steve John and Jason Snyder are leading the assignment. The executive director acts as the CEO of the organization and is responsible for the overall management and direction of
RMN Electi Recruits Chief Product Officer for Northwoods
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work on
Newman Group Search Launches Interim Workforce Division
Sanford Rose Associates – Newman Group Search has launched a new interim workforce division and named Brigid Sciaccotta as its practice leader. “The newly created interim workforce department and leadership role are the firm’s response to escalating demand for interim talent in the insurance arena,” said Peg Newman, partner. She cites economic forces such as the pandemic, “The
Hiring Operators as Early Stage Investors — 5 Key Characteristics for Success
In the start-up world, seasoned operators have experienced product launches, growth cycles, fund-raises, and human capital challenges. They’ve achieved huge successes and endured great failures. Operators know firsthand how to build the ideal infrastructure for sustainable scaling and long-term growth, according to a new report from SPMB’s Emily Wallach. “Historically, venture capital firms brought in
Heidrick & Struggles Recruits CEO for LiqTech International
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles has recruited Fei Chen as the new chief executive officer of LiqTech International, a clean technology company that manufactures and markets highly specialized filtration technologies. Ms. Chen, who will start on or before Nov. 1, will also be a member of LiqTech’s board of directors.
Development Guild DDI Tapped to Find President for The Doe Fund
Non-profit specialist recruitment firm Development Guild DDI has been enlisted to find the next president of The Doe Fund (TDF), which helps homeless and formerly incarcerated men rebuild their lives. Kieran McTague, senior vice president and director, New York, is leading the assignment. The opening at the prominent New York City charity follows the death of founder
Harris Search Associates Recruits Dean for Charles R. Drew University of Medicine and Science
Dublin, OH-based executive recruitment firm Harris Search Associates has assisted in the recruitment of Monica G. Ferrini as dean of the College of Science and Health (COSH) at Charles R. Drew University of Medicine and Science (CDU) in Los Angeles. “I look forward to the flourishing of COSH under Dr. Ferrini’s leadership,” said Sylvia Manning, interim provost and
Kingsley Gate Partners Names Chief Digital Officer
Private equity-backed Kingsley Gate Partners has named Saurabh Gupta as chief digital officer. Based in Boston, he will be responsible for defining the strategy and technical vision of the firm. “Saurabh has proved himself to be both a visionary and builder of cutting-edge HRIS systems to benefit clients, candidates, and firm members,” said Umesh Ramakrishnan, CEO of
The CEO’s Role in Digital Transformation
Digital transformation is on a lot of people’s minds, and many chief executive officers are struggling to figure out where they fit within this. The CEO’s responsibility is to serve as the heartbeat of an organization, driving culture from the top down, owning and meeting key business objectives, and influencing internal and external stakeholders to
The Christopher Group Seeks Chief People Officer for Vervent
Talent acquisition strategies at many large companies have become as complex as their balance sheets. And while CHROs play a vital role in overseeing an organization’s broad-based workforce, the chief people officer typically goes beyond overseeing its people policies. The focus instead is on building talent as a key competitive advantage, with more emphasis on
WittKieffer Places Chief Diversity Officer at Gettysburg College
After a national search, Oak Brook, IL-based search firm WittKieffer has placed Eloísa Gordon-Mora as the new chief diversity officer of Gettysburg College in Pennsylvania. Christine Pendleton, senior associate, and Randi Miller, associate, led the assignment. Dr. Gordon-Mora serves as a member of Gettysburg’s president’s council and is charged with advancing the school’s diversity, equity,
ZRG Partners Opens Office in Munich
ZRG Partners has opened a new office in Munich and named Ralph von Pallandt as managing director to spearhead a new location. He also furthers the firm’s reach into Germany and Europe. “With his great success as a CHRO across multiple countries for General Motors and SVP for Allianz in Europe and the U.S., Ralph
Daversa Partners Expands Senior Leadership Team
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has named Lindsay Keith as the firm’s newest partner adding nearly a decade of search experience to this senior leadership team. “Lindsay is one of those unique leaders with the ability to compel and encourage her team to take risks while simultaneously fostering a
Midst Inflation Pressures and Recession Fears, Data Reveals What Skills Will Drive Growth and Mitigate Risk
Companies today are facing a business landscape that offers significant opportunities for growth and innovation fueled by drastic changes in consumer demand, rapid technological advancement, and the widespread adoption of hybrid work. Yet new concerns have emerged— from the extraordinarily tight labor market to rapidly rising inflation to geopolitical tensions that stress not only supply
Five Tips to Help You Help Your Recruiter to Land Your Next Role
You just know the executive search recruiter you connected with is going to help you land your next job! He already has three roles he thought you’d be perfect for. Now, you just need to wait anxiously for the phone call to get the ball rolling, right? But, after hours, days, or maybe weeks of
Vetted Solutions Seeks CEO for American Society for Clinical Pharmacology and Therapeutics
The American Society for Clinical Pharmacology and Therapeutics (ASCPT) has retained Washington, D.C.- based Vetted Solutions to lead its search for a new chief executive officer. The new CEO will replace a retiring executive and implement the organization’s strategic and annual operating plans. The individual will be expected to oversee all of ASCPT’s programs and services, including
Herbert Mines Associates Appoints CEO
New York-based retail and consumer focused executive search firm Herbert Mines Associates has named president Brenda Malloy as CEO, effective at the start of 2023. Current chairman and CEO Hal Reiter will remain as chairman. In her new role, Ms. Malloy will be responsible for the strategic growth of the firm. Ms. Malloy is only the third
IMD International Search Group Opens Office in Serbia
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the 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 opened a new office in
Helping Companies Meet Digital Danger
Cyber resiliency is the ability of an organization to enable business acceleration by preparing for, responding to, and recovering from cyber threats. A cyber-resilient organization can adapt to known and unknown crises, threats, adversities, and challenges. The goal of cyber resiliency is to help an organization thrive in the face of adverse conditions, be it
