March 15, 2016 – Hanold Associates has recruited Michael Goldwasser as chief human resources officer (CHRO) of Ferrara Candy Company. He will report to CEO Todd Siwak and provide leadership and strategic management while overseeing the company’s entire human resources function. Neela Seenandan, co-managing partner at Hanold, led the search.
Mr. Goldwasser was previously CHRO at Orbitz Worldwide where he drove strategic initiatives, improved employee engagement & retention, redesigned retirement investment options for employees and guided the HR team and organization through an acquisition. Before that, he was senior vice president of global talent strategy at The Nielsen Company.
“Mike has a terrific background across all areas of HR, and his recent experience as CHRO of Orbitz makes him a perfect fit for the role at Ferrara,” said Ms. Seenandan.
Ferrara Candy Co., a Catterton Partners private equity portfolio company, is one of the largest non-chocolate candy maker in the country. Originally a family-owned business, Ferrara has evolved into a confectionary powerhouse after its merger with Farley and Sathers. The combination of these two companies helped create a stronger business, which now includes the Lemonhead, Now & Later and Brach’s brand and product lines.
Chicago-based Hanold Associates specializes in senior level HR officer assignments and serves a wide-ranging list of clients, including Nike, Amazon, McKinsey & Co., eBay, Fossil, Carnival Corporation, Outward Bound and Vail Resorts. The firm has been recognized as one of America’s fastest growing private companies by Inc. Magazine, posting a 253 percent growth rate over the past three years.
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The firm recently recruited top CHRO’s for outdoor apparel company Patagonia, CPI Card Group, Friedman Operating Group, Video Equipment Rental, NYC Outward Bound Schools, and Riddell. It also recently launched a CHRO search for Rehabilitation Institute of Chicago (RIC) and was brought in to handle the CHRO search for the Ultimate Fighting Championship (UFC).
The role of the CHRO has changed dramatically over the years, say recruiters specializing in the sector. Once a mid-level staff position, the head of human resources today sits at the elbow of the CEO and maintains one of the most influential positions within senior management. The job now plays an integral, strategic part in driving a company forward.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media