January 8, 2019 – U.K.-headquartered life sciences specialist Bailey Fisher Executive Search has expanded with the addition of Toby Young as head of its technology practice.
Mr. Young previously spent 18 months in an operational role with growth technology company CUBE Global.
In that role, he supported the business across its talent and partnership strategy. He led Bailey Fisher’s technology practice, from 2012 to 2017, before joining CUBE.
“I am delighted to have returned to Bailey Fisher to lead the technology practice,” said Mr. Young. “Having spent a fantastic 18 months working at CUBE, I return with first-hand experience of working within a growing technology company.”
“Despite the current economic uncertainty, the opportunity for Cambridge and the wider U.K. technology community remains incredibly strong,” he said. “Climate change, the ever-evolving financial services world, and the advancement of AI offer very real challenges, and they will all be addressed by technology. The U.K.’s cutting-edge tech companies are perfectly placed to make the most of the opportunities offered, and I look forward to supporting them as they grow.”
Mr. Young will lead Bailey Fisher’s technology practice, working closely with executive chairman Paul Bailey and technology director John Bridger. He will focus on board and leadership roles for technology businesses, from start-ups to innovative corporates, with a particular emphasis on later stage scale-up companies.
“We are delighted to welcome Toby back to the team at this exciting time in Bailey Fisher’s development,” said Andrew Moore, managing director. “Having spent many years in executive search, specializing in building teams for growth technology companies, Toby now has first-hand experience from within just such a business, which will be an invaluable asset in supporting Bailey Fisher’s clients with their growth plans.”
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Bailey Fisher Executive Search is an independent recruitment firm that operates globally to find talent in technology, life sciences, digital health and private markets. Established in 1998, it has offices in Cambridge and London. The firm recently filled CEO roles for Undo, Spectral Edge, Novintum Bioscience, BHR Group and Digital Assess.
“Persistent talent shortages and the need to develop and retain employees with critical business and technology skill-sets will continue to challenge global life sciences companies for the foreseeable future,” according to Deloitte’s global sector outlook on life sciences. Navigating this new world of work requires a dramatic change in strategies for leadership, talent and human resources. What’s more, the global life sciences sector in the midst of a turbulent transformation, making the need for innovative leaders more important than ever.
“Our sector has changed beyond anyone’s expectations over the last two decades,” said Bianca Coulter, CEO of Coulter Partners. “We need to understand the appetites and needs of the major multinationals. This requires reach into all corners of the market. While our office network is growing, the key has been to have multilingual, multi-market experienced and connected researchers and consultants. Our team speaks many languages and has worked in all major bio-pharma markets and is organized as one P&L, to ensure collaborative information and experience sharing.”
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media