April 6, 2018 – Demand for top technology executives continues to gain momentum. Chief technology officer hiring, in fact, is expected to grow 18 percent by 2022, according to the U.S. Bureau of Labor and Statistics. It’s a trend that is keeping executive search firms well occupied.
Just recently, Irvine, CA-based search firm McDermott & Bull has placed Jonathan Bourgoine as vice president and chief technology officer with Nasdaq-traded Stamps.com, a provider of postage online and shipping software solutions. He succeeds Michael Biswas, who recently stepped down from the position to spend more time with his family and to pursue other endeavors. This executive recruiting engagement was conducted by partner Craig Lipus, principal consultant Garrett Lipus, and senior recruiting associate Brian Selvey.
“Jonathan brings diverse experience to the CTO role at Stamps.com,” said Mr. Lipus. “His background in development and IT are just the right mix to serve the company going forward. We are pleased to continue to assist the Stamps.com leadership team with this very important hire.”
“We are excited about Jonathan joining the team. He brings an enthusiasm for technology and a depth of understanding around many types of technology platforms that will significantly benefit Stamps.com going forward,” said Ken McBride, chairman and CEO of Stamps.com.
Mr. Bourgoine spent the early part of his career in various contract roles before joining Ciber, Inc. as a solution architect and later Youbet.com as VP, infrastructure engineering, eventually becoming the SVP, operations for the e-commerce gaming website. Prior to joining Stamps.com, Mr. Bourgoine served as VP and chief technology officer at Mattel.
Stamps.com is a provider of postage online and shipping software solutions to over 725 thousand customers, including consumers, small businesses, e-commerce shippers, enterprises, and high-volume shippers.
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McDermott & Bull was founded in 2001. It is the 29th largest executive search firm in the Americas, where it serves clients in the technology, financial services, manufacturing, biotech & life sciences, retail and professional services sectors. Since the advent of MB Interim Leaders in 2011, McDermott & Bull has served both the permanent and interim needs of its clients.
Mr. Lipus serves as a practice leader in the healthcare & technology practice supporting both private and public companies, private equity firms, and their operating companies. His clients include Broadcom, AECOM, ICU Medical, The JT Posey Company, Wound Care Specialists, Alliance Healthcare, AccentCare, and ModernHealth Pharmacy.
Technology Sector Heating Up
The booming technology sector, vibrant even when the economy was softer, shows little sign of retreat, according to a host of recruiters who service the talent needs of companies across the field. It continues, in fact, to produce capabilities and services that few imagined just a decade ago.
But a recently conducted survey of global executives by Odgers Berndtson and Forrester Research revealed that 84 percent of companies lack the necessary talent base to execute a digital transformation.
“The ubiquitous deployment of technology across the globe has made mobile, big data, e-commerce and social media highly competitive sectors for talent,” said Charley Polachi, co-founder and partner of Polachi Access Executive Search. He said he is also seeing a growing frequency and awareness of hacking and data breaches, putting cybersecurity leaders in big demand.
A number of executive search firms have placed CTOs in recent months. Here’s a look at a few from the Hunt Scanlon Media archives:
Accelent recently placed Andreas Bayer as the CTO of Beam Solutions in San Francisco. Managing director John Boehmer led the assignment along with partner Maura McShane. Mr. Bayer has over 20 years of experience delivering software solutions to the financial industry.
The Lancer Group, a La Jolla, CA-headquartered executive search firm, recently placed Bjorn Bjerkoe as CTO of Daxko, a provider of member-based health and wellness software solutions. Mr. Bjerkoe has over 15 years of experience leading operational and software development teams across the application software space.
ON Partners recruited Krishna Vedula as CTO of 365 Retail Markets. Mr. Vedula brings 20 years of experience leading global technology organizations in companies experiencing explosive growth, both organic and inorganic. He will be integral to 365’s efforts to increase its market share and new product introductions.
McDermott & Bull placed former IBM executive David Bartlett as CTO with Panasonic Avionics Corp. The search was conducted by Rod McDermott, CEO and co-founder; Craig Sabina, principal consultant; Jared Moriarty, associate principal consultant; and Amanda Lange, recruiting associate.
Search Solution Group placed Dr. Harish Hiriyannaiah as CTO of Sonavex. The search was spearheaded by Ashley Bowman, business development manager, and Josh Mensinger, recruiting leader. Dr. Hiriyannaiah has an extensive background in image processing, medical imaging and machine learning technologies.
The McCormick Group placed David Mihelcic as chief technology and strategy officer at Juniper Federal. Mr. Mihelcic is the former chief technology officer at the Defense Information Systems Agency. In his new role, Mr. Mihelcic will drive technological innovation and new product development for the company.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media