March 30, 2018 – As part of an organizational restructuring, Frederickson Partners, a global HR executive search, consulting and outplacement firm, has announced the promotion of two longtime employees, Devin Schroeder and Rosemary Belden, to vice presidents. The firm, formerly Frederickson Pribula Li, cited the pair’s “outstanding leadership in critical HR searches” for the promotions.
As part of the changes at the Menlo Park, CA-based firm, executives Michele Li and Mathilde Pribula are departing. The new organizational structure is designed to reflect Frederickson’s shift towards greater specialization, said the firm, with an emphasis on its digital transformation practice which provides coaching to CEOs, board members, and CHROs looking to digitize their HR and people functions.
“I’m excited to focus more on our digital transformation practice and to share our knowledge with even more senior leaders building and growing world-class teams,” said Valerie Frederickson, the firm’s founder and CEO. “I deeply appreciate the long-term contributions of my former partners and look forward to watching them continue to thrive personally and professionally.”
Along with the organizational changes, Frederickson Partners also announced that it achieved record growth last year and the expansion of its markets. In 2017, the 23-year-old firm posted its highest revenue to-date and tripled the number of heads of HR placed since 2014.
Heidrick & Struggles Restructures to Lower Costs
A restructuring plan is underway at Heidrick to reduce overall costs and improve efficiencies in its operations. The expected annual cost savings from the restructuring is expected to range from $11 million to $13 million and will include the cutting of 1,600 employees by 60-70 people and closing two offices.
Mr. Schroeder’s previous roles with the firm had been senior manager of executive search and talent management, manager of executive search, and search consultant. He also worked in media relations for the Oakland Raiders professional football team. He holds a bachelor’s degree from Sonoma State University and a master’s from the University of San Francisco.
Ms. Belden has been with the firm since 2014. She was formerly enterprise account manager, core technology and SaaS specialist, for Oracle. She holds a bachelor’s degree from the University of California, Berkeley.
Headquartered in Silicon Valley with additional locations in Plano, TX and Atlanta, Frederickson Partners recruits HR and people leaders for transformational, high-growth companies. Its clients include transformational, high-growth tech, fintech, and biotech companies, including Facebook, Fitbit, GE Digital, Genentech, Gilead, Intuit, Microsoft, Mozilla, Palantir, Pinterest, Roivant, SoFi, Tesla, Twitter, Qualtrics and ZocDoc.
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The firm, which was founded in 1995, offers experience in biotech, clean energy, cloud & data storage, e-commerce, fintech, gaming, hardware, IoT, media, SaaS, semiconductors and telecommunications. Frederickson Partners has completed hundreds of HR searches.
“I founded this firm to help Silicon Valley tech leaders address growth, culture, succession planning, diversity and organizational design challenges,” said Ms. Frederickson.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media