April 6, 2016 – HM Long Global Partners Ltd has merged with RSVP Group, a global boutique recruiting outfit that focuses exclusively on the life sciences and chemical sectors. The combined firms will give the newly-merged entity a broad global presence in New York, Zurich, London, Paris, Boston, Wiesbaden, Washington, D.C., Princeton, Austin, Shanghai and Singapore.
“I am very excited to be able to offer our clients an enhanced global platform,” said RSVP vice chairman Michael Klingler, who joined RSVP as a partner in 2001 and has since been responsible for the international development of the firm.
In addition to Mr. Klingler, the new leadership team will consist of Helga Long, chief executive officer of HM Long Global Partners Ltd; Martin Zinner, founder of RSVP Group who will also serve as chairman of the supervisory board; Dr. Martin Scholl, vice chairman and Dr. Goetz von Kalckreuth, who also serves as vice president of human resources at Inventages Venture Capital – he will also assume the role as a vice chairman.
The merger comes at a time when the global healthcare and life sciences sector is in the midst of a turbulent shift – putting more pressure on talent acquisition professionals to identify visionary leaders who will lead these rapidly expanding sectors into the future. “This is an exciting time for us at HML/RSVP as the leadership teams we are helping to build now will usher in the next generation of game changing leaders required for this evolution,” said Ms. Long.
“Due to the recent compliance crisis and new pressure on prices, the traditional pharmaceutical business model is in a significant stage of transformation. We are observing a re-focus on core businesses and therapeutic areas after a long period of diversification,” said Ms. Long. She said that a number of key leadership roles within life sciences have been in greater demand, including the expanding role of the chief medical officer, which has become a more elevated resource for CEOs in the sector as a result of the increasingly complex compliance environment.
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The life sciences sector has recently enjoyed a healthy stream of consistent investment for the development of new therapies for unmet medical needs. “This spans the entire gamut of existing therapeutic areas from CNS, respiratory, immunology and inflammation to oncology, hematology, ophthalmology and rare diseases,” said Ms. Long. She also noted that there is a need and reliance on the biotech sector for innovation and early science, and this has led to a surge of investment in biotech startups. “All of these segments now require world class leadership,” said Ms. Long.
According to industry tracking firm Hunt Scanlon Media, the merger between HM Long Global Partners and RSVP Group will create a formidable talent leadership advisor in the healthcare and life sciences sector. “These are two highly-respected firms with a long-standing record of success in recruiting top leaders for the life sciences and healthcare industry,” said Christopher W. Hunt, president of Hunt Scanlon Media.
After spending the first 10 years of her career in consumer products marketing, Ms. Long created her own executive search consultancy. The firm grew to include the consumer products, retail, advertising, industrial, transportation, and life sciences industries. In 2000, she directed her business exclusively to the life sciences sector and founded H.M. Long Global Healthcare serving a multinational, cross-cultural client base. In 2005, the firm merged with CTPartners, where Ms. Long led one of the largest life sciences practices at a top 10 ranked search firm. Last year, she re-established her firm, and personal brand, as HM Long Global Partners.
“Combining my firm with RSVP Group is a unique opportunity to leverage common, long-term, and successful global C-suite relationships,” said Ms. Long. “It’s a privilege to be part of establishing one of the largest global life sciences boutique executive search firms,” said Ms. Long.
Contributed by Scott A. Scanlon, Editor-in-Chief, Hunt Scanlon Media