June 5, 2017 – Mike Mimnaugh has joined Westport, CT-based executive search firm Foster & Associates as a managing director, where he will conduct senior executive coaching assignments including on-boarding, executive assessments, outplacement services, as well as executive search assignments.
Mr. Mimnaugh is an experienced consultant who is recognized for leading and guiding senior executive and cross-cultural teams during periods of significant transformation. He has a strong background of work in human resource officers in the financial services, consumer packaged goods and manufacturing industries. In addition, he has experience in mergers and acquisitions as well as business integrations, coaching executives to develop skills in leading teams to greater productivity.
Previously, Mr. Mimnaugh served as a managing director with Boyden. He has held the following corporate human resources leadership roles: SVP and GM HR at Itochu International, VP of HR at Sony Corporation of America, VP of HR of Brown-Forman Corporation, director of HR Lenox, manager of HR at General Foods Corporation, and manager of HR at Morgan Stanley, Inc.
“My colleagues and I have known Mike Mimnaugh going back to his many years at both Sony and Brown-Forman, said Robert Foster, president of Foster & Associates. “We are excited about sharing Mike’s knowledge and experience to benefit our clients in the areas of executive coaching, assessment, human resources executive search, on-boarding, organizational design/business integration, as well as other areas of human capital consulting.”
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.
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.
Firms Expanding Into New Areas
Search firms continue to break into new areas, be it through acquisition, alliance or providing new services. It’s a trend being seen at large recruiters and small boutiques alike as recruiters look to provide clients with services for finding, assessing, onboarding and retaining their senior-level talent. Here is a look at a few instances from the Hunt Scanlon Media archives:
ALSpective expanded with the addition of Juliane Nitsche and Michel Moutier as partners and advisors. The pair’s responsibilities include leadership consulting with a specialization in well-being & performance as well as strategy and board services with a new offering in change management.
Major, Lindsey & Africa recently launched a new service known as Legal Talent Management Consulting. Led by Miriam Frank, a partner and vice president, the offering provides lawyers and legal teams with customized consulting services designed to increase performance, productivity and engagement.
Odgers Berndtson expanded its leadership practice to include executive and team leadership assessment, coaching and onboarding. Organizational psychologist Dr. Robert Satterwhite is spearheading the new effort. Dr. Satterwhite has extensive experience designing and delivering robust assessments for measuring executives’ potential, readiness and fit.
The Pi Group expanded its services to help candidates transition to new chapters in their lives. By delivering services through Perpetual Insights, Pi Executive, and Perpetual Ambition, The Pi Group is positioning itself, quite methodically, to help client organizations manage their entire talent spectrum.
Morgan Samuels acquired human capital consulting firm Delivery Point Advisors. The company offers a spectrum of solutions designed to help clients unlock potential from their people, including executive assessment and development, high performance team building, functional assessment and roadmap design, organization design, change management, and others.
Greenwood / Asher & Associates and The Devine Group, a behavioral assessment and development organization, formed a strategic alliance to leverage and integrate the science of predictive talent analytics into the executive search and leadership development process. The partnership is designed to tailor an assessment to higher education position profiles.
Caldwell Partners recently formed a partnership with Caliper. The agreement will integrate Caliper’s assessment and onboarding services into Caldwell Partners’ research-based executive search process in Canada. CEO John Wallace said that competency assessments performed by the firm’s partners “remain the most valuable aspect of our service.”
Allen Austin partnered with ENGAGE, a sourcing intelligence platform that combines big data and analytics to identify potential targets, to increase overall business intelligence, and enhance sourcing efficiency. The firm forged the alliance as it looked for productive technology to improve speed, execution and growth predictability, particularly one with advancements in analytics.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Chase Barbe, Managing Editor – Hunt Scanlon Media