August 11, 2015 – Heidrick & Struggles has recruited James M. Lindstrom as president and chief executive officer of the Providence Service Corporation. Mr. Lindstrom has served as CFO of Providence since January. Chris Shackelton, who had taken on the role of interim CEO in June, will remain chairman of the board, a role he has held since 2012.
Mr. Lindstrom previously served as chairman, president and CEO of Integrated Electrical Services, Inc. (IES), a publicly-traded industrial holding company. Prior to that, he spent five years with Tontine Associates, an affiliate of a private investment fund. Previous operating experience includes his role as CFO of Centrue Financial from 2003 to 2006. “Jim is a highly respected leader with a strong track record of delivering exceptional financial, operational and shareholder performance across a variety of industries,” said Mr. Shackelton.
“Having had the privilege of working closely with Jim over the past few months, I have been particularly impressed with the robust and collaborative relationships he has forged throughout our organization, specifically the partnerships he has built with our vertical CEOs.”
Heidrick & Struggles is currently leading a number of CEO searches for client companies, including Sears Hometown & Outlet Stores and Famous Dave’s of America. Recently, the firm completed CEO assignments for Owens & Minor, Inc. and Microsoft Corp.
Heidrick’s global CEO practice includes a team of 90 consultants who provide leadership advisory services and succession planning expertise to clients that include Fortune 1000, FTSE 350, and other marquee global organizations as well as start-ups and small/medium cap companies. Jeff Sanders serves as vice chairman and managing partner of the firm’s North America chief executive officer practice.
Providence is a Tucson, Arizona-based company that provides and manages government sponsored human services, innovative global employment services, comprehensive health assessment and care management services, and non-emergency transportation services.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media