Koya Leadership Partners Posts 33 Percent Jump In Revenues
May 3, 2017 – Executive search firm Koya Leadership Partners posted revenues of $8 million last year, a 33 percent rise from the previous year, according to the latest statistics report soon to be released from Hunt Scanlon Media. The firm currently has 40 consultants working from offices in Boston, Chicago, and Los Angeles as well as staff in remote offices across the country.
Koya is an executive search and human capital consulting firm that works exclusively with non-profits and social enterprises. It has developed a national reputation for identifying CEOs, executive directors and senior leadership across the sector for clients including The Art Institute of Chicago, Carnegie Mellon University, The Ralph C. Wilson Jr. Foundation, Foundation for a Just Society, Hudson Webber Foundation, Natural Resources Defense Council, Girl Scouts in the Heart of Pennsylvania, The Barack Obama Foundation, California State University San Marcos, American Red Cross of Chicago & Northern Illinois, Glazer Children’s Museum, Make-A-Wish Foundation and Tourette Association of America, US Human Rights Network, among many others.
2016 Performance
The firm had one of its best performance years since launching in 2004. Koya expanded its team in 2016 in Chicago, led by managing director Alison P. Ranney, and in Los Angeles, led by Michelle R.S. Bonoan, by adding a number of key consultants. Founding partner Molly Brennan also continued to expand Koya’s footprint in the social justice and advocacy sectors. Searches completed in this area include those for Amnesty International USA and the National Wildlife Refuge Association, among a host of others.
“We are definitely seeing increased demand for non-profit talent,” Ms. Brennan said. Non-profits are rightly demanding extremely high levels of expertise and leadership, and executive level searches are becoming more and more competitive, she noted.
“Koya has been able to maintain its focus on exceptional client service and our mission-driven desire to strengthen the non-profit sector by identifying talented leaders throughout periods of extreme growth,” said founder and CEO Katie Bouton. “In 2017 we expect to see continued growth in higher education, arts and culture institutions, foundations and philanthropy, and the social justice sector.” She said the firm is expanding its client base in key regional markets, including New York, Boston, San Francisco, and Washington, D.C.
High Growth
Looking ahead, Ms. Bouton said she is cautiously optimistic. “There is a great deal of political uncertainty in the U.S. right now, which will have as yet unknown impacts on our economic climate generally and the non-profit sector specifically. But at the same time, non-profits are experiencing an unprecedented influx of private donations, which will increase their ability to advance their work and create the need for more talent.” As a result, she anticipates an increase in talent for the remainder of 2017, but likely at a modest rate.
“Non-profit, higher education, and corporate social responsibility are the highest growth sectors in our field,” Ms. Bouton noted. “CEO, COO, chief human resources officer (CHRO) and chief fundraising officer roles are a continual talent need in our sector.”
Tapping Both Worlds
In the not-too-distant past, few executive search firms built their businesses around serving non-profit organizations. These days, as the sector expands, well outpacing for-profit enterprise growth over the last decade, non-profits have become one of headhunting’s hottest markets. Working in the sector is finding greater appeal among business leaders and employment opportunities at non-profits are coming just in time for recruiters who have been challenged by dwindling talent pools. In response, recruiters have had to double down in their efforts to better address the needs of their non-profit clients ….. Here’s some further reading from Hunt Scanlon Media.
Why Working for a Non-Profit Might Be Your Next Career Move
Non-profits are viable career paths for top industry leaders. For recruiters, it’s all about credibility. To make the right connections and make successful placements, recruiters in the field need to be embedded in the non-profit sector throughout their careers. Top recruiters need to leverage and tap both the non-profit and for-profit worlds.
Outside of searching for leaders, Koya is also looking to expand its human capital consulting offerings in 2017, including transition and onboarding coaching, compensation studies, pre-hire assessments, executive coaching, and organizational development consulting services.
Notable Searches In 2016 Include:
- In November, Koya was retained by The Barack Obama Foundation to lead its search for a chief financial officer. Ms. Ranney, managing director and Chicago office head, is leading the assignment on behalf of Koya. The firm has been advising the Obama Foundation informally and formally since early 2015.
- In September, Koya recruited internal candidate Margaret Huang as executive director for Amnesty International USA. Ms. Brennan and principal Sam Simmons led the search. Amnesty is a global movement of seven million supporters, members, and activists who campaign for internationally recognized human rights to be respected, protected, and fulfilled.
- In July, the firm placed Anders Yang as chief development officer of the Natural Resources Defense Council (NRDC). Mr. Yang joins NRDC from the University of California Irvine’s Paul Merage School of Business, where he served as assistant dean of external relations / advancement.
- In May, Koya recruited Angelique Power as president of The Field Foundation of Illinois. Ms. Ranney, senior manager of executive search Anne B. McCarthy, and senior associate Anny K. Chou led the assignment. With more than 20 years’ experience in the non-profit and corporate sectors, Ms. Power previously served as program director at the Joyce Foundation.
- In March, the firm placed Mimi LeClair as the new president and CEO of the Boys & Girls Clubs of Chicago. Ms. Ranney and Marissa Martin, vice president of executive search, are leading the assignment for Koya. Ms. LeClair previously held various senior roles with Mercy Home for Boys & Girls.
- In January, Koya recruited James Rondeau as president and director of The Art Institute of Chicago. Mr. Rondeau, an internationally respected curator and scholar, has led two of the Art Institute’s 11 curatorial departments in his 18 year tenure with the museum.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media