Boyden Study Finds Push for Profit Boosts C-Level Hiring
October 13, 2010 – Fresh hiring decisions are being made at senior management levels, due to CEOs' bold moves to reshape businesses to the more permanent competitive reality, according to the quarterly Boyden’s Executive Outlook report. Demand for management talent in wealth management and treasury in financial services; e-commerce in technology and consumer companies; and country managers for mining organizations are among the areas that remain most active. Companies also are continuing to aggressively recruit new directors to fill talent gaps on boards of directors. "We are seeing a rebound of hiring at senior levels as CEOs drive for more profit in a slower growth environment," said Chris Clarke, president and CEO of Boyden World Corporation. "Companies need new teams to deliver the shifts in strategy. That means new leadership for certain sectors, though some companies are holding off on hiring at the mid and lower level ranks. There's also an increase of senior executive hires by Asian companies planning further expansion in the U.S. and Europe enabled by their stockpile of dollars." Boyden is an executive search firm with more than 70 offices in over 40 countries.