February 6, 2017 – Next to New York and London, Chicago and its surrounding metropolis – commonly referred to as “Chicagoland” – has thrived for decades as a top recruiting hub. JM Search, a senior level talent provider serving private equity investors, portfolio companies and Fortune 1000s, has now established a presence here.
“Chicago has always been a core market for our firm and we are pleased to make the move downtown where many of our private equity and corporate clients are located,” said John Marshall, JM Search founder and chief executive officer.
“Having a centrally located hub within the Loop allows us to interface with clients and candidates regularly. It will also enable us to continue to recruit the best talent in executive search to our rapidly growing team,” he said.
Chicago’s growing status as a world class talent hub is the result of a hiring boom at both ends of the talent spectrum: young, up-and-coming technologists who see the world, from their perch in Chicago, in distinctly unrestricted ways and aging baby boomers seeking second or third careers. Chicago, it seems, offers all of that and more.
The Chicago office of JM Search currently includes three professionals, all of whom have joined the firm over the past 18 months:
Gil Stenholm, a partner, executes CEO, board and select C-level assignments, primarily in the consumer and industrial sectors. He also provides leadership counsel to top management and boards regarding succession planning and talent strategy for public and family-owned companies, as well as private investors. Mr. Stenholm has significant leadership in executive search including 33 years with Spencer Stuart, where he founded and led the firm’s consumer goods & services practice and was co-head of its private equity practice.
Phil Menzel, also a partner, brings nearly 30 years of human capital experience to JM Search. Having been the top human resources executive for multiple multi-billion dollar businesses, he has recruited and led search committees for countless key executive hires, which enabled him to view a search through the lens of his clients. Mr. Menzel joined JM Search from Sears Holdings Corporation, where he led the human resources function for multiple business units as vice president of human resources.
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Eric Stenholm, a consultant, focuses on recruiting executives for growth-oriented corporations and middle market companies across the U.S. He joined JM Search from Abbott, where he spent seven years as a sales executive.
JM Search counts many prominent Chicago-based companies and private equity firms among its clients. In recent years, the firm has recruited executives for portfolio companies of private equity firms that include Baird Capital, Frontenac Company, Keystone Capital, Pfingsten Partners, the Pritzker Group, Prospect Partners, Sterling Partners, Thoma Bravo, Wynnchurch Capital and Z Capital. The firm also has a long-standing client relationship with Illinois Tool Works (ITW), having partnered with the global industrial conglomerate on numerous assignments since 2002.
“As a firm that focuses on recruiting for private equity firms and their portfolio companies, Chicago is a key market for us,” said Mr. Marshall. “Additionally, major industries in Chicago align well with our expertise in manufacturing, consumer products, retail, food, healthcare, financial services and technology.”
Headquartered outside of Philadelphia, JM Search continues to expand its footprint across the U.S. In addition to the office in Chicago, the firm opened its New York office in 2012 and recently expanded to Seattle and Los Angeles. Additionally, JM Search promoted Joy Dunn to spearhead internal recruiting as VP of talent acquisition. She is leading the initiative to add top search professionals to the firm’s offices nationwide.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media