November 2, 2017 – Demand for top technology executives continues to gain momentum. Chief technology officer hiring, in fact, is expected to grow by 18 percent by 2022, according to the U.S. Bureau of Labor and Statistics. It’s a trend that has kept executive search firms well occupied. Executive search firm ON Partners recently recruited Krishna Vedula as CTO of 365 Retail Markets.
Mr. Vedula will lead the strategic growth of technology and product organizations, said the recruitment firm. He will be integral to 365’s efforts to increase its market share and new product introductions. He and his team will also focus on solutions to facilitate the transition of customers to the 365 Connected Campus.
“I am thrilled to have the opportunity to work with Krishna and very flattered that a leader of his caliber sees the value of 365,” said Joseph Hessling, CEO of 365 Retail Markets. “Krishna’s experience in payments and business intelligence will be very important to 365 as we continue to rapidly grow in these areas.”
Mr. Vedula brings 20 years of experience leading global technology organizations in companies experiencing explosive growth, both organic and inorganic. His expertise includes leading organizations through transformational change, connecting technology to needs of the business, optimizing costs without compromising either employee engagement or customer experience.
The new CTO has a track record of leveraging technology-based solutions to help drive business value with focus, structure and discipline, said ON Partners. He is expected to leverage his experience in telecommunications and payments to help understand 365’s customer needs and build innovative solutions. He previously held roles with ACI Worldwide and CenturyLink.
With offices in Detroit, Santa Clara, CA, and Provo, 365 Retail Markets creates technology that helps connects people with products at work. Its proprietary 365 technology is used in over 15,000 businesses locations across the U.S., Canada, U.K. and Europe.
Search for Technology Leaders 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 companies across the field. It continues, in fact, to produce capabilities and services that few imagined just a decade ago.
A Range of Specialties
With a primary focus on technology, energy/clean tech and the life science sectors, ON Partners recruits C-suite, board directors and senior executive talent for public and private companies, as well as venture capital and private equity firms. Based in Solon, OH, the firm currently has consultants working from offices in Atlanta, Baltimore/ Washington, D.C., Boston, Cleveland, Dallas, Minneapolis, Portland and Silicon Valley.
Earlier this year, Wurster Partners merged with ON Partners, bolstering the firm’s expertise in global consumer brand recruiting. Founded in 2010, Wurster Partners has worked closely with both public and private companies across the consumer industry. The firm has also developed a reputable foothold in corporate officer and diversity recruitment in areas of marketing, digital, information systems, human resources and finance.
Founder and managing partner Michael Wurster now serves as a partner with ON Partners. He has nearly two decades of global experience and has advised international corporations, private equity and venture capital firms, and higher education and non-profit entities, specifically in areas of inclusion, succession planning and executive onboarding.
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:
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. He has also held roles at L-3 Cincinnati Electronics, Acionyx, EagleyeMed, and KLA-Tencor Corporation.
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’s federal customers and across the entire organization.
Calibre One recruited Artem Fishman as chief technology officer of music streaming service SoundCloud. Partner Thomas Green led the assignment. In his new role, Mr. Fishman will be responsible for leading the company’s international engineering organization, in addition to shaping its technical vision and strategy.
WinterWyman placed Aatish Salvi as chief technology officer at Teikametrics. Senior VP and partner Tracy Cashman led the search. As CTO, Mr. Salvi will execute Teikametrics’ vision and scale its market-leading technology platform while also overseeing the firm’s engineering and product teams. Previously, Mr. Salvi was vice president of engineering for Nanigans Inc., where he led a team of developers for its marketing automation platform.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media