Diversified Search Expands to Boston
February 20, 2018 – Executive search firm Diversified Search, one of the top 10 executive recruitment firms in the U.S., has expanded into Boston with the addition of Molly A. Robb, a seasoned search executive with more than 20 years experience placing C-suite talent in the healthcare, private equity/venture capital and life sciences sectors.
She joins the firm as a managing director and will work under the umbrella of San Francisco-based BioQuest, which became a wholly-owned subsidiary of Diversified Search in 2016.
“We are delighted to have such a talented and deeply connected search executive as Molly join the Diversified team,” said Dale Jones, CEO of Diversified Search. “We have no doubt her deep roots, particularly in the biotechnology and life sciences spaces, will be key to making our new Boston office a success and driving our continued impressive growth.”
Ms. Robb joins Diversified from Horton International, where she served as a managing director specializing in recruiting senior-level healthcare investors and operating leaders within healthcare private equity and venture capital and both public and private life sciences companies.
Before that, she worked in Korn Ferry’s healthcare private equity and venture capital practice, splitting her time between the Los Angeles and Boston offices. She began her search career in Los Angeles as a search consultant at Baeder/Murphy & Associates, and later worked as an associate both at Korn Ferry and at Heidrick & Struggles, in San Francisco and Los Angeles, respectively. She was then named search director at Ken Clark International.
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New England Expansion
“We are thrilled to have Molly as part of the BioQuest family, and to mark the beginning of this exciting chapter in the bustling New England technology corridor,” said Roger Anderson, the co-founder and managing director of BioQuest. “Her passion and drive in both the venture capital and biotechnology spaces will be an invaluable asset in our booming life sciences practice.”
Ms. Robb said she sees great potential in her new role. “I am enthusiastic about Boston’s thriving innovation economy and the synergy that can be generated by coupling the firm’s deep network within the medical device, healthcare services, and board of director sectors with my passion for working with healthcare investors and operators within biotechnology and healthcare private equity and venture capital,” she said.
BioQuest’s clients include venture firms and industry leaders focused on healthcare, life sciences and technology, including many that are not household names: Accuray, AirXpanders, Altura Medical, BioForm Medical, Breathe Technologies, Ceterix Orthopaedics, Endologix, Hansen Medical, MRI Interventions, Nellix, OptiMedica, Shockwave Medical. Sonoma Orthopedics and TriVascular, among others.
BioQuest is led by Mr. Anderson, who has compiled more than 65 CEO searches over the past 15 years. He is known for his expertise in recruiting boards of directors, CEOs and C-suite executives, along with key functional vice presidents. His clients include venture capital emerging medical technology firms as well as commercial stage growth companies.
Boston Seen As Growing East Coast Recruiting Hub
Boston has been an attractive hub for search firms for years. Aside from housing burgeoning financial services organizations, the city and its suburbs are replete with businesses focused on tech., venture capital, manufacturing, clean tech., consumer, bus. services, higher ed., non-profit, and high growth — and all …
Hot Growth Area
Boston continues to be a hot spot for executive search firms. The city and its outlying suburbs are seen as attractive hubs for companies and the search firms that service their talent needs.
Massachusetts itself, meanwhile, is a growing global hub for life sciences innovation. According to the Boston Business Journal, the biotech sector accounts for many of the fastest-growing companies in the state. Coupled with an unemployment rate of 3.9 percent, the result is low labor supply and intense competition for top leaders. Given these realities, Deloitte’s 2016 “Global Life Sciences Outlook” identified talent shortages as a continuing obstacle for companies looking to grow and evolve.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media