Hanold Associates Recruits CHRO for Tailored Brands, Seeks HR Leaders for Moderna Therapeutics
April 6, 2020 – Hanold Associates’ Keri Gavin, Mayank Parikh, Lisa Butkus and Jason Hanold have placed former Coca-Cola Co. executive Shane Smith as the new chief human resources officer of Tailored Brands. Moderna Therapeutics, a company racing to develop a vaccine for COVID-19, is also partnering with the Chicago-based search firm for multiple HR leadership searches.
Mr. Smith joins Fremont, CA-based Tailored Brands from The Coca-Cola Company, where he held various leadership positions. Reporting directly to Tailored Brands’ newly appointed chief executive officer, Dinesh Lathi, Mr. Smith will not only lead the HR function, but will also be a key thought partner to the CEO and the CEO’s direct reports. “He will be a leader to the entire organization as the company navigates a turnaround to position itself to win in an evolving and challenging retail landscape,” said Hanold Associates. “Tailored Brands is shifting their operations model and the CHRO will be part of an executive team that is optimizing the business end-to-end.”
Get Our Latest Report! Find Out How Top Talent Enriches Returns
For private equity firms, nothing impacts an investment return more than talent. Why? Institutional investors increasingly see portfolio company talent management as a crucial lever for value creation, risk mitigation and growth. But there is a fundamental shift underway at PE firms. They are moving beyond traditional views of human resources to something more transformative – with a heavy emphasis on talent management & development, culture and engagement. According to this latest landmark research report from Hunt Scanlon, it all has to do with unleashing higher levels of leadership performance to boost results. And that has required a hard look at value creation and how top talent enriches returns.
This year, Hunt Scanlon interviewed private equity leaders and their chief talent officers as well as leading executive recruiters from across the sector. Expertise was shared from leaders at Russell Reynolds Associates; Bain & Company; The Carlyle Group; Notch Partners; Francisco Partners; TPG; Frederickson Partners; Clayton, Dubilier & Rice; Coulter Partners; Hogan Assessments; Summit Partners; Apollo Global Management; Audax Group; Summit Leadership Partners; Slayton Search Partners; PierceGray; Caldwell; Acertitude; Blackstone; Ares Management; Solomon Page; CEO.works; JM Search; Diversified Search; HREquity; Invenias; FMG Leading; Innova International; Wilton & Bain; Bowdoin Group; Charles Aris; Kingsley Gate Partners; StevenDouglas and others from across the PE spectrum.
If you are a PE managing director, operating partner, talent professional or recruiter, this report is designed specifically for you. Insert an ad in our report, reserve your copy today and find out how you should adapt your business in these uncertain times.
“Shane is a phenomenal HR leader who has the perfect blend of leadership, wisdom and experience with transformation,” said Ms. Gavin, a partner with the firm. “Shane will have a profound and lasting impact on Tailored Brands and we’re excited to see the many successes of their collective efforts.”
Tailored Brands is a leading specialty retailer of men’s tailored clothing and the largest men’s formalwear provider in the U.S. The company was originally founded in 1973 as Men’s Wearhouse and changed its name to Tailored Brands during the transition to a holding company in 2016. Tailored Brands serves its customers through an expansive omni-channel network that includes over 1,400 stores in the U.S. and Canada as well as its branded e-commerce websites. The company’s U.S. retail stores, located in 50 states and Washington, D.C., operate under the Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank, Joseph Abboud and K&G brand names. Its Canadian stores operate under the Moores brand name and are in 10 Canadian provinces.
Top HR Roles
Hanold Associates is also partnering with Cambridge, MA-based Moderna Therapeutics on multiple human resources leadership searches. Ashley Schiele, Katrina Prospero, Kile Hanold, Sandra Peña and Mr. Hanold are leading those searches.
Reporting to the chief human resources officer, the senior director HR business partner clinical development will be responsible for establishing and maintaining effective relationships in support of Moderna Therapeutics’ chief medical officer and the clinical development functions, including the investigational medicines office, clinical operations, regulatory affairs, pharmacovigilance, biostatistics and medical, said the company. The individual will be expected to ensure the efficient and effective delivery of key human resources projects and objectives.
Also reporting to the CHRO, the senior director HR business partner will be responsible for establishing and maintaining effective relationships in support of Moderna’s G&A functions, including finance, legal, HR, business development, corporate strategy, corporate affairs and digital while ensuring the efficient and effective delivery of key human resources projects and objectives, said the company.
Moderna Therapeutics is a biotechnology company focused on pioneering the development of a new class of drugs utilizing messenger RNA (mRNA). This new and innovative drug platform builds on the discovery that modified mRNA can direct the body’s cellular machinery to produce nearly any protein desired, from native proteins to antibodies and other entirely novel protein constructs that can have therapeutic activity inside and outside of cells.
Respected Recruiters
Hanold Associates is a boutique executive search firm focused on HR and diversity and inclusion officers. Its client list is diverse across industries, geographies and business scenarios, and includes the National Football League, Domino’s Pizza, Under Armour, Patagonia, Gucci, Kohler, REI, Live Nation Entertainment, Major League Baseball, Kellogg, Apollo, Blackstone, TPG, L Catterton, Northwestern University, Electronic Arts, Fiat-Chrysler, Kohler, SC Johnson, eBay, Great Place To Work, Fossil, Vail Resorts, Edward Jones, AbbVie, Carnival Corp., Google, Biogen, Allstate, Bridgestone, Wikimedia, CNA Insurance, Cummins, Tyson, ClubCorp, CDW and Nike, among others.
Hanold Associates Completes Chief People Officer Search for the NFL
Hanold Associates has recruited Dasha Smith as chief people officer of the National Football League in one of the most high profile human resource C-suite assignments of 2019. Jason Hanold, CEO and co-managing partner of the search firm, led the assignment. He was joined by his partners Keri Gavin and Katrina Prospero. “Dasha is an incredibly talented leader and outstanding person,” said Mr. Hanold. “She is contemporary in her approach, authentic and wise beyond her years. She will be a great thought partner to Commissioner Roger Goodell, chief operating officer Maryann Turcke, the league office and the club owners.”
Mr. Hanold founded his search firm in 2010. Previously, he served as a managing director with Russell Reynolds Associates, where he led the firm’s global human resources officer practice and was a member of the board of directors and CEO practices. Before that he held talent and recruiting positions with Whirlpool, McKinsey & Company, Deloitte and State Farm.
Ms. Gavin focuses on all functional areas of HR and diversity and inclusion. Prior to joining Hanold Associates, she was director of host relations and consulting for Ragan Communications. Before Ragan, Ms. Gavin was a television anchor and reporter in Des Moines, IA.
Mr. Parikh is a partner with Hanold Associates. He focuses on recruiting world-class HR leadership talent to organizations undergoing significant transformations.
Ms. Butkus is a partner. She specializes in recruiting executive level HR leaders across industries, and with a core focus on fashion, luxury brands, retail merchandise and the broader consumer industry.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media