November 20, 2015 – Executive search firm DMC Partners has elected Henry W. Mulholland as its chairman, effective immediately. He recently retired from Bank of America Merrill Lynch after 25 years where he worked most recently as head of Americas equities.
Mr. Mulholland brings a wealth of experience and relationships to DMC and will play an integral leadership role as the newly-formed search firm builds out its practice base. He joined Merrill Lynch in 1990 and has held a number of senior trading positions in New York and London. Prior to his role as head of Americas equities, Mr. Mulholland served as head of Americas sector trading from 2004 to 2011.
“Henry is a trusted advisor with a great reputation in the market and his experience and rolodex will be invaluable as we grow into new markets and geographies,” said David McCormack, DMC Partners CEO.
Headquartered in New York City, Mr. McCormack launched DMC Partners in September. The firm’s core practices are focused on recruiting in the capital markets, infrastructure, investment management, and technology sectors.
Mr. McCormack said that “DMC Partners’ success will ultimately be built on the people we hire.” As such, the firm is in full-on hiring mode, looking to add search consultants across its core verticals specializations.
DMC Partners is looking at new business opportunities within the executive recruiting space but, Mr. McCormack said, “We are not trying to reinvent the wheel — but we will build a great team and constantly look at new business areas that complement our current client offering.”
With 14 years of executive search experience, Mr. McCormack most recently served as a partner with Westwood Partners LLC, an executive search and advisory recruiting boutique focused predominantly on financial services. Before that, he served as a managing director at U.K.-based Sheffield Haworth. He began his career at Merrill Lynch in London as an institutional equity sales trader, before moving into executive search in 2001.
DMC Partners is currently engaged in searches for senior equity-related positions for hedge fund clients. Recently filled positions include head of biotech equity research; head of E&P equity research; head of Canadian equity derivative sales; and head of U.S. equity trading.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media