November 22, 2019 – No client sector demands such top-end service from its search partners as private equity. Portfolio companies represent some of the most innovative, well-funded and high-growth concerns in all of business. As a result, much of the talent that private equity firms seek are highly-charged change agents — a professional breed that is growing more difficult to recruit.
Recently, Westport, Conn-based executive search firm Foster & Associates placed Patrick Larmon as an executive advisor partner with private equity investment firm Wind Point Partners. Robert A. Foster led the search assignment.
Mr. Larmon recently retired as president and CEO of the $1-billion-dollar-plus North American operations of Bunzl plc. He also served as an executive director of Bunzl, which is a multinational distribution and outsourcing company listed on the London Stock Exchange that distributes non-food consumable products, including food packaging, cleaning supplies, and personal protective equipment. He also serves on the boards of Huttig Building Products and Bodycote. Mr. Larmon is a CPA and holds an MBA from Loyola University of Chicago. He also has a bachelor’s degree in economics from Illinois Benedictine University and a master’s of international business from St. Louis University.
Wind Point Partners is a private equity investment firm that partners with top caliber executives to acquire well-positioned middle market businesses where it can establish a clear path to value creation. Since its founding in 1984, the firm has raised over $4 billion in commitments and acquired more than 100 platform companies and 300 add-on acquisitions.
Veteran Search Consultants
Foster & Associates is a boutique executive search firm with a focus on industrial and financial services clients. Its industrial expertise includes: capital goods, chemicals, metal products, packaging, distribution, automotive, aerospace / defense, utilities and business information services. Its financial services coverage includes: commercial banking, consumer banking, federal farm credit bank, government agencies, private banking, investment banking, insurance and asset management.
This latest research report from Hunt Scanlon Media examines the growing talent dilemma unfolding at private equity firms – and offers an array of solutions to win the widening war for leadership. According to Hunt Scanlon, the PE sector can expect to see an expanding bidding war for top talent over the next decade. Driving the trend: persistent global talent shortages across the C-suite in most industries and functions, including finance, healthcare and biotech, digital and technology.
Linking talent to growth is this report’s overriding theme. Hunt Scanlon has surveyed private equity leaders and their chief talent officers as well as leading executive recruiters specializing in the sector. Their expert commentary and advice is contained in this year’s report. Click here to read more!
The firm’s clientele is wide ranging. It includes: Toyota, Alcan Packaging, American Standard, ATK, BASF, Cargill, Dun & Bradstreet, Entergy, Honeywell, Huttig Building Products, Ingersoll-Rand, ITT, Mitsubishi, Mitsui, Monsanto, Aetna, Bank of Tokyo Mitsubishi, Citibank, Chubb, Comerica, Comptroller Of the Currency, GE Commercial Finance, JPMorgan Chase, Ocean First, Southwest Bancorp, Standard Chartered Bank and T. Rowe Price, among others.
Mr. Foster has more than 20 years of executive search experience. His clients have included Fortune 500 and foreign-headquartered multinationals, as well as private equity and venture-backed companies, start-ups and turnarounds across a broad range of industries including industrial, financial services, business services, and consumer products. Mr. Foster is supported by key associates with substantial executive search experience in research, recruiting, consulting, and project administration.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media