March 20, 2015 – Korn Ferry has named Joseph R. ‘Joe’ McCabe to its Boston office. Mr. McCabe joins from CTPartners where he was a director and vice chairman for the past eight years. Prior to that, Mr. McCabe spent six years specializing in the human resources function and HR outsourcing with Heidrick & Struggles. In the financial services sector, he has conducted assignments for senior general management, presidents, executive directors, and practice heads; he is a well-known expert in the recruitment of senior management for the 401K and other related financial services and retirement businesses. Over the span of his career, Mr. McCabe has completed assignments for chief human resources officers (CHRO’s), business unit human resource leaders, and senior executives with direct responsibility for leadership development, compensation & benefits, labor relations, and organizational effectiveness. He has worked with companies specializing in human resources outsourcing, recruiting CEOs, CFOs, COOs, presidents, and senior executives leading critical functions in the areas of sales and marketing. Prior to joining Heidrick, Mr. McCabe served as EVP of DHR International. He previously held various senior line HR positions within the financial services, consumer products and high technology industries, including VP of HR of Fidelity Investments’ 401(k) business and head of HR for the New England division of Coca-Cola Enterprises. Mr. McCabe is the second vice chairman to recently depart CTPartners and he joins a growing list of recruiters to leave the nation’s seventh largest search firm (CTPartners has been the subject of an EEOC discrimination investigation since late last year; its chief executive, Brian Sullivan, resigned his post last week after more than a decade with the firm). Other recent departing executives heading to larger rivals: vice chairman Ernie Brittingham left to pursue opportunities at Russell Reynolds Associates; Daniel Kaplan left the firm to join Heidrick & Struggles as a co-managing partner of that firm’s chief human resources officer (CHRO) practice; and Jeremy Zeman left to join Korn Ferry in its financial services practice. Industry sources say these recent high level departures collectively produce more than $12 million in annual recruiting fees. Korn Ferry, based in Los Angeles and with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a global provider of talent management solutions.
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