Molloy Associates Launches New Executive Search Division

November 7, 2018 – Molloy Associates, a recruiting firm exclusively serving the equipment finance industry, has launched an executive search division. The newly formed unit will be led by Bill Purcell who joins the company as senior vice president and client partner.

Mr. Purcell has more than 30 years of executive management experience in the equipment finance industry. He most recently served as managing director, group head, of Byline Financial Group. Mr. Purcell spent 15 years at U.S. Bank Equipment Finance including tenure as its president and CEO.

“Bill knows exactly what it takes to build and lead a successful equipment finance company,” said Lisa Rafter, co-owner of Molloy Associates. “His deep, hands-on knowledge of the skills required to excel in a C-level and executive role will provide our clients with invaluable expertise.”

Mr. Purcell said he was excited about his new role. “I’m looking forward to building out the executive search division and delivering the exceptional C-level talent our clients need to lead their organizations,” he said.

Jim Gavaghan, senior vice president, client partner at Molloy Associates, said that for over 50 years his firm has been placing quality candidates in every functional department of equipment finance companies. “With the addition of Bill’s expertise, we are expanding our focus on executive positions while continuing to deliver quality candidates for every vital role in the industry, including sales, credit, asset management, operations and legal roles,” he said.

This year, Molloy Associates is celebrating its 50th year of providing recruiting services to employers in the equipment finance and leasing industry. The company has recruited executives for the top Monitor 100 companies from within and outside the industry.

Offering Search Solutions

Over the past year, a number of other organizations have expanded their retained executive search services or added them to their respective offerings as the top-end talent sector heats up globally. Here’s a sampling from the Hunt Scanlon Media archives:

LifeSci Partners, a life sciences-focused consultancy, has launched LifeSci Search, a global executive recruitment service. It was founded “to address the broad deficiencies in the life sciences recruitment market largely centered around the specialization required for life sciences clients,” the firm said.

MediaLink, an Ascentia-owned advisory company, has appointed Trish Shortell as managing director, executive search, based in its New York office. In her role, she will lead the firm’s executive search practice and will report to Michael Kassan, MediaLink’s chairman and CEO.

Vancouver-based recruitment company Goldbeck Recruiting recently launched a retained executive search division. For almost 20 years, Goldbeck has been helping companies fill mid- to senior-level positions on a contingency recruitment basis, and has accepted clients on a retained executive search upon request. 

U.K.-headquartered recruiting organization Datacenter People has formed a new executive search subsidiary, Portman Partners, to focus on C-level leadership and senior executive roles within the datacenter industry worldwide. “This is a new chapter in the growth of the firm,” said Peter Hannaford, founder of Datacenter People. 

Partners in Human Resources International (Partners International), a New York City-based provider of career transition services, executive coaching and talent consulting, has formed an executive search practice. Peter Movesian has joined the firm as senior vice president of executive search and will lead the new division.

The Medicus Firm, which specializes in permanent placement of physicians has created a physician executive recruiting division. The firm has conducted physician executive-level searches for several years on a smaller scale, which was largely driven by established clients within the firm’s private practice sector.

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

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