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Resilient Recruiting: How The Tolan Group Defied the 2023 Downturn
The executive search sector faced a perfect storm of challenges in 2023. Founders, management teams, and recruiters themselves were weathering a downturn that early indications show likely resulted in a dip of 20 percent in annual revenues. There were outliers, of course, and much of how a search firm beat the odds depended on industry
Heidrick & Struggles Posts 4.3 Percent Revenue Decrease
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles / (NASDAQ:HSII) has posted global full-year revenues of $1.03 billion, a decrease of 4.3 percent, compared to $1.07 billion in 2022. The Chicago-headquartered recruiter — the fourth largest global firm as ranked by Hunt Scanlon Media — reported net income was $54.4 million and diluted earnings per share was $2.62. This compares to net income of $79.5
Executive Recruiters Pull Off Another Remarkable Year, Remain Bullish for 2023
Hunt Scanlon Media has released its annual rankings of leading executive recruiters. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2022, a result of continued pentup demand for senior-level leaders and their key reports.
Lindauer Appoints Leader of the Independent School Practice
Lindauer has named Jackie Sullivan as senior vice president and leader of the independent school practice. “Jackie consistently drives client success by providing strategic counsel that is equally focused on tactical implementation and big-picture visionary thinking,” said Deb Taft, CEO of Lindauer. “By tuning her approach to the ambitious goals of her clients, she has
GDPR – The Perfect Time to Refresh Your Database
As executive search firms grapple with the complexities of GDPR, many are concerned that the new regulation will mean deleting thousands of records built up over many years. Surely there must be an alternative?
StevenDouglas Names VP, Technology Executive Search
Executive search firm StevenDouglas has appointed Matthew Richards as vice president, technology executive search. “What sets Matthew apart is his strategic and detailed approach to executive search,” StevenDouglas said. “Rather than solely focusing on finding candidates, Matthew delves deep into understanding organizational dynamics and talent requirements, collaborating closely with the C-suite to build transformational leadership teams. This
Here’s How PE Firms Can Reduce Talent Churn and Produce Better Leaders
Participants in the ninth annual PE leadership survey conducted by AlixPartners generally agree that the most important thing they can do to achieve the financial results they demand is to pay attention to leadership and talent. For PE firms, which prioritize C-suite leadership, and portcos, which emphasize talent at all levels, “the quality of leadership and succession
Egon Zehnder Retained by Bandhan Bank for CEO Search
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and beyond any typical job description. But there’s a big problem: In most countries, while women
Evolve Giving Group Seeking CEO for the Jewish Federation of Greater Charlotte
The economic strength of the non-profit field has increased in recent years and it is now the third largest employer in the U.S. This has certainly kept search firms busy. Chicago-based executive search firm Evolve Giving Group was recently retained by the Jewish Federation of Greater Charlotte to lead in its search for a new
The American Academy of Nurse Practitioners Certification Board Using Sterling Martin to Find New CEO
Sterling Martin Associates, an executive search firm which specializes in recruiting talent for associations and other non-profit organizations, has been tapped by the American Academy of Nurse Practitioners Certification Board (AANPCB) to lead in its search for a new CEO. Under the direction of the Certification Commission, the CEO makes recommendations and participates with the
Remofirst Secures $25 Million in Funding
Remofirst, a San Francisco-based employer-of-record provider, has closed a $25 million series A funding round. The round was led by Octopus Ventures, a London-based venture capital firm, with participation by existing investors QED, Mouro Capital and Counterpart Ventures. Remofirst says that the funds will go toward new products and services as well as to bring
5 Essential Aspects of an AI-Ready Corporate Culture
The recent buzz around AI has brought a great deal of hope and excitement to organizations, particularly in the last few years. However, reflecting on the progress of other “digital transformations” over the past many years should give executives reason to pause. For example, one study on big data showed that while corporate investment in data
BarkerGilmore Fills Legal Post for Bragg Companies
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Chris Connelly as the new vice president and director of legal for Bragg Companies in Long Beach, CA. The search was led by Max Gelernter, managing director of BarkerGilmore. “Chris’s unique blend of legal expertise spanning over two decades and his immersion in the construction industry
Academic Career & Executive Search Seeking CHRO for Washtenaw Community College
Academic Career & Executive Search (ACES) was recently retained by Washtenaw Community College in Ann Arbor, MI, to lead in its search for a new chief human resources officer. The search is being led by managing partner Jennifer Muller. Reporting to the president and serving on the president’s executive leadership team, the CHRO is responsible for integrating human
Protis Global Appoints VPs of Business Development
Protis Global has expanded with the addition of Samantha Marino Parker as vice president of business development for food and beverage, and Cliff Hall as vice president of business development for automation and robotics. “Samantha and Cliff bring invaluable experience fitting within the Protis Global framework nicely,” said Bert Miller, CEO of Protis Global. “Their appointments underscore our commitment
Diversified Search Group Expands Education Practice
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named Jennifer Mason as a managing director in its education practice. “We’re thrilled to have Dr. Mason join our esteemed team of experts, especially at a time when the dynamics of leadership in higher education are rapidly evolving,” said Aileen
Private Equity In Hot Pursuit Of Chief AI Officers With Strategic Vision
AI has been increasingly buzzy in the past year as companies try to understand the potential benefits it can bring – from ringing out more efficiency in the workplace and streamlining decision-making, to improving employee productivity monitoring. Now, President Joseph R. Biden Jr. has just announced a policy to help government agencies harness its power and mitigate
Diversified Search Group | Koya Partners Selected by Newfields a Place for Nature & The Arts to Find New Leader
Koya Partners, a part of Diversified Search Group, has been retained by the Newfields a Place for Nature & The Arts to lead in its search for a new president and CEO. Tiara D. Muse, managing associate, is leading the assignment. Newfields is in a pivotal moment of growth and evolution and is seeking a dynamic and visionary CEO to
NU Advisory Partners Assists Sigma7 with Chief Technology Officer Search
Executive search firm NU Advisory Partners has assisted in the recruitment of Andy Simpson-Pirie as chief technology officer of Sigma7 in New York City. Mr. Simpson-Pirie has a technology career spanning 25 years across a spectrum of early-stage, growth-phase, and large global corporations. Over that time, he has established a track record of launching new products, leading acquisitions,
Assembly Group Partners with Employ to Recruit CEO
Austin, TX-based executive search firm Assembly Group has placed Steve Cox as the new CEO of Employ in Waltham, MA. He succeeds former CEO, Pete Lamson. “Congratulations to Steve Cox on his new role of chief executive officer at Employ,” Assembly said in a LinkedIn post. “It was a pleasure partnering with the Employ team, and we wish the
IMD International Search Group Adds New Member Firm in Poland
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters, and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Global executive search consortium IMD International Search Group has added Kaluzynski & Madeja in Warsaw,
Executive Women Making Progress Closing Pay Gap
Last month, ON Partners released its 2024 Women’s Report in recognition of Women’s History Month. The report revealed a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452K, compared to executive men’s average of $461K. In addition, when isolating director and vice president roles as a pipeline
Herbert Mines Assists Brixton with CEO Search
New York-based retail and consumer focused executive search firm Herbert Mines Associates has assisted in the recruitment of Seth Ellison as CEO of Brixton, an Altamont Capital Partners company. He replaces Raphael Peck, who left the company is December. “Herbert Mines Associates is proud to have partnered with Altamont Capital Partners to place Seth Ellison as CEO of
TalentRise Recruits Executive Director for the Theodore Roosevelt Inaugural National Historic Site
Following a comprehensive, nationwide search, TalentRise recently placed Spencer Morgan as the executive director of the Theodore Roosevelt Inaugural National Historic Site. He is taking the helm as incumbent executive director Stanton H. Hudson, Jr. steps down following 30 years of service to the Theodore Roosevelt Inaugural Site. Sarah Garcia, TalentRise consultant, led the assignment. “Stanton
The Hawkins Company Seeking Chief Equity Officer for the International City/County Management Association
The Hawkins Company, a Los Angeles-based executive recruitment firm, is currently leading the search for a chief equity officer for the International City/County Management Association (ICMA) in Washington, D.C. Yonnine Hawkins Garr, William Hawkins, and Tisa Jones are leading the assignment. ICMA’s commitment to diversity, equity, and inclusion (DEI) spans over 80 years, with dedicated efforts
WilliamCharles Search Group Merges with Reflex Staffing Solutions
WilliamCharles Search Group, a boutique executive search and professional recruiting firm headquartered in Grand Rapids, MI, has merged with Reflex Staffing Solutions, a Pittsburgh, PA-based recruiting firm. “The combined entity will continue operations under the WilliamCharles Search Group brand, expanding its geographic footprint and enriching professional capabilities and service offerings for even more comprehensive client
Evolving Life Sciences/Healthcare Sector Busier Than Ever for Recruiters
Search consultants continue to say that there is an unprecedented opportunity for visionary healthcare/life sciences leaders to redefine the future of the industry. A shifting economic climate and the rapid pace of innovation have fueled many changes in the healthcare industry through acquisitions, divestitures, and new company formations. The pandemic accelerated the adoption of technologies
BrainWorks Delivers on RightCrowd CEO Search
Warren, NJ-based executive search firm BrainWorks has secured Jason Bohrer as CEO of RightCrowd, a Bloom Equity Partners company. Ashley Peretick collaborated with Bloom Equity and RightCrowd to assess the optimal candidate for the CEO position. “Recognizing the significance of partnering with a private equity firm and the imperative of possessing adept security management skills alongside practical experience, Jason
Slone Partners Recruits CEO for Magnetic Insight
Life sciences-focused search firm Slone Partners has recruited Chris A. Raanes as the new CEO of Magnetic Insight, a global provider of magnetic particle imaging (MPI). “Chris Raanes is a highly accomplished and respected leader in the quickly evolving medical device field with the vision and management acumen necessary to engage all stakeholders in a growing, successful
The Lapham Group Helps Recruit COO for Hiscox
The Lapham Group has assisted in the recruitment of Leigh Hellrung as chief operating officer of Hiscox. She will serve on the Hiscox U.S. leadership team and will report to Kevin Kerridge, CEO of Hiscox USA. “Leigh has earned a well-deserved reputation as an inclusive, transformational leader, with a glittering track record of creating best-in-class customer
ZRG Partners’ Swift and Strategic Road to Expansion
Larry Hartmann is a seasoned veteran of the people business. As the chief executive of ZRG, he leads one of the fastest growing, global talent management hubs in the human capital sector. It wasn’t always this way. Mr. Hartmann founded ZRG 24 years ago on the core principle of building a better recruiting platform. Simple enough.
KEES Recruits Executive Director for The Acorn Theater
Executive search and non-profit consulting firm, KEES, has recruited Beth Kaskel as the new executive director of The Acorn Theater (The Acorn) in Three Oaks, MI. Sandra Thompson, who has held The Acorn’s executive director role for the last five years announced in November that she would be shifting from administration, fundraising and general management to focus specifically on artistic
AMS Expands into Russia
Global provider of talent outsourcing and advisory services, AMS, has continued its global expansion opening a dedicated Russian entity. This latest move follows an increase in demand for talent solutions in the country across multiple industries, including pharmaceutical, life sciences and fast-moving consumer goods. “Located in Moscow and with a dedicated team with the knowledge, experience
For Cannabis Companies, Aligning C-Suite Leadership is Job One
Cannabis companies face unique challenges as they move through various business stages. Many founders began as growers without extensive business experience and as they move through the business lifecycle into a second-stage start-up, they might realize they need to scale their leadership team, bringing on people who complement their own strengths and weaknesses for a
Hanold Associates Taps CHRO for Millennium Trust Company
Chicago-based Hanold Associates HR & Diversity Executive has placed Karyn DeFalco as chief human resources officer (CHRO) for Millennium Trust Company (MTC), a leading fintech company providing retirement and investment solutions. Partners Sandra Peña, Sonia Nagra and Adam Watson led the assignment. Ms. DeFalco’s appointment follows John Samaan’s decision to step down as CHRO to pursue another
Frederickson Partners Recruits Equity, Inclusion and Diversity Leader for Western Digital
Global HR search firm Frederickson Partners recently placed Lise Edwards as senior director of equity, inclusion and diversity at data-centric solutions company Western Digital. “We’re very excited to have Lise join Western Digital in this important role,” said Lori Sundberg, executive vice president and chief human resources officer of Western Digital. “She brings years of experience in
accelHRate Partners with the National Association of Corporate Directors
The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 21,000 board members, has enlisted search firm accelHRate to help grow its board director search practice. NACD Board Search will leverage the membership (including NACD certified directors), partners, and ecosystem of NACD to expertly match qualified candidates to available board
NPAworldwide Adds New Member Firms
As we emerge from a global pandemic, executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters, and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Member-owned recruitment network NPAworldwide recently added The
Settling Into a New Normal and What That Means for Jobs Recovery
The Labor Department reported that 412,000 Americans filed new claims for state unemployment benefits. Economists surveyed by Dow Jones expected 360,000 new jobless claims. The previous week’s level was revised down by 1,000 from 376,000 to 375,000. The 4-week moving average was 395,000, a decrease of 8,000 from the previous week’s revised average. This is
4 Lessons on Leading Through a Crisis
Having worked through a global pandemic that affected every business, some leaders are emerging from this crucible more agile, energized and better prepared to guide their organizations through recovery and beyond. In a recent report, ChampionScott Partners showcased four such leaders and the opportunities they saw in adversity to make their companies stronger, more resilient
Furst Group Places Chief Growth Officer for Paradigm
Executive recruitment firm Furst Group, which serves the healthcare and insurance industries, has placed Tom Mafale in the newly created role of chief growth officer at Paradigm, an industry leader in solving catastrophic and complex healthcare challenges. Paradigm created the chief growth officer position to focus on delivering new and existing products and services to a wider range of
The Bedford Consulting Group Recruits CEO for AceAge
Toronto-based executive search and talent management solutions provider Bedford Consulting Group has helped to place John Simmons, former general manager of Abbot Diagnostics, as the new chief executive officer of AceAge Inc. “John is a proven leader with a track record of delivering outstanding results in senior roles with an extensive background in medical devices,” stated
ClearPath Solutions Introduces Franchise Match Division
ClearPath Solutions, an Irvine, CA-based executive search firm focused on the restaurant and retail industry, has launched ClearPath Franchise Match. “A firm dedicated to serving the franchise industry, ClearPath Franchise Match connects high-growth brands with well-capitalized, proven and operationally savvy franchisees,” the search firm said. ClearPath Solutions partners with founders, brands, family offices and private
Penn State Hires Spencer Stuart to Assist in Search for Next President
As part of a phased approach, the board of trustees of Pennsylvania State University has gathered an array of critical characteristics that the university community wants in the successor to president Eric J. Barron, who is retiring next year. The school has called in Spencer Stuart to assist in the search for a new leader.
Diversified Search Group Names Vice Chair and Leader of Global Corporate Practice Group
Diversified Search Group has appointed Aileen K. Alexander to the newly created position as vice chair and leader of the firm’s global corporate practice group. “Aileen Alexander is an innovator,” said founder and chair Judith M. von Seldeneck. “Her exceptional experience and industry insights will contribute significantly not only to our rapidly growing firm, but also
Caldwell Recruits Senior Partner for Apollo Global Management
Caldwell recently assisted Apollo Global Management in the recruitment of Craig Farr as a senior partner to lead capital solutions activities for the firm. Paul Heller, managing partner of Caldwell’s global financial services practice, led the assignment along with consultant Cristina Toohey. In this newly created position, Mr. Farr will spearhead Apollo’s centralized origination, structuring and distribution platform, reporting
Rosin Executive Search Assists TMX Group in the Recruitment of New CFO
Rosin Executive Search recently assisted TMX Group in Toronto in the recruitment of financial services industry David Arnold as its new CFO. “We are excited to add a dynamic and experienced financial professional with an impressive track record of execution to TMX Group’s senior leadership team, as we work to advance our global growth strategy
Signium Names Co-Leaders of Global Technology Practice
Executive search consortium Signium appointed Stéphanie Engels and Alexander de Freitas as new co-leaders of the global technology practice. Based in Zurich, Ms. Engels has developed new business models and coached intrapreneurs as well as partner start-ups. As a partner at Signium, she is experienced in defining new business models with different types of partners (big companies, SMEs and start-ups)
U.S. Employers Report Strongest Hiring Outlook In 21 Years
Employers in 32 percent of U.S. businesses surveyed expect an increase in payrolls during the next three months, while three percent expect to trim payrolls and 63 percent anticipate no change, according to the latest “Employment Outlook Survey,” released by ManpowerGroup. “Employers are ready to bring their workers back as restrictions lift and America gets ready to work,”
HARTZ Search Recruits Chief Diversity, Inclusion and Health Equity Officer for Roper St. Francis Healthcare
Charlotte, NC-based HARTZ Search has assisted in the placement of Michael Moxley as vice president/chief diversity, inclusion and health equity officer for Roper St. Francis Healthcare (RSFH) in Charleston, SC. RSFH, a joint venture between Bon Secours Mercy Health and the Medical Society of South Carolina, is a four-hospital integrated health system with over 671-licensed beds and
JM Search Recruits CMO for TrueLearn
As business becomes more global and complex, and power shifts from producers of goods and services to consumers, the chief marketing officer’s job of planning and coordinating marketing activities has become more challenging — and much more influential. JM Search, a senior-level talent provider serving private equity investors, portfolio companies and Fortune 1000s, recently assisted in
Academic Search Assists North Park University in the Recruitment of Provost
Education-focused executive recruiter Academic Search has helped to place Michael S. Carr as the new provost and chief academic officer for North Park University, a Christian university in Chicago. Andrea Warren Hamos and Mahauganee D. Shaw led the assignment. Dr. Carr will join the president’s cabinet, beginning July 1. He succeeds Craig Johnson, who held the role
Raines International Opens Offices in Miami and Philadelphia
New York-based Raines International has opened new offices in Miami and Philadelphia. According to the search firm, the opening of the Miami office supports Raines’ strategic client development and growth plan, balancing current market demands and the opportunity to pursue accelerated growth in new sectors. “I am thrilled to be personally opening our newest office in Miami,” said CEO
3 Ways Your Company Can Advance Diversity, Equity, and Inclusion
As various social movements have heightened the focus on diversity issues worldwide, more and more organizations are creating senior diversity leadership roles as one way to help effect sustainable change, according to Spencer Stuart. The firm recently hosted a virtual roundtable to gather some of these diversity, equity, and inclusion (DE&I) leaders to discuss best
Anthem Executive Recruits President for Lamar University
Following a national search, Lamar University (LU) has named Jaime R. Taylor, who serves as the provost and senior vice president for academic affairs at Marshall University, as the school’s next president. Leading the assignment were Anthem Executive’s Scott Watson, Michael Ballew and Florene Stawowy, supported by Mike JR Wheless and John Rudley. Current president Kenneth Evans announced
Human Resource Solutions Assists Hunter Communications in CFO Search
Golden, CO-based executive search firm Human Resource Solutions has assisted in the placement of Sam Pauley as chief financial officer for Hunter Communications, a portfolio company of Grain Management LLC. The search was led by R. Woody Daroca. “Sam brings both financial and operational telecommunications experience, which will help us align our business goals and strategies with operations as
Diversified Search Group Names Managing Directors in Chicago and Washington D.C.
Diversified Search Group has added three managing directors – Steve Edwards, Robin Goolsbee and David Kuguru – to its burgeoning non-profit, corporate and life sciences practices. Following an accelerated demand for new leadership in the wake of the pandemic, the search firm says it has seen a 30 percent surge in business and market growth
Frazer Jones Appoints Head of U.K.
Executive search firm Frazer Jones, part of The SR Group, has appointed Nick Croucher as partner and head of Frazer Jones U.K. “Nick has been an integral part of the Frazer Jones management team since he joined in 2014,” said David Buckley, CEO of The SR Group. “He was, and continues to be, instrumental in growing our capability
3 Predictions for 2021 That Every CHRO Must Know
The last year has been, by many accounts, one of the most disruptive periods for HR teams – and many human resource professionals up and down the line are still finding their bearings as 2021 unfolds. But the best people teams are those that choose to make the best out of a messy situation. A new
St. Bonaventure Selects CarrSports to Find New Athletic Director
CarrSports Consulting has been called in to help St. Bonaventure University (SBU) find a new athletic director. Last month, the university chose not to renew the contract of Tim Kenney, who held the role since 2015. Barb Questa, who has been the senior member of SBU’s athletics administration team for 30 years, was named interim
Pender & Howe Executive Search Recruits CEO for CAAIN
Toronto-based Pender & Howe Executive Search recently placed Kerry Wright as the new chief executive officer for CAAIN, the Canadian Agri-Food Automation and Intelligence Network in Edmonton, Alberta. The non-profit organization supports the creation of technological solutions for challenges facing Canada’s agri-food sector. The search was spearheaded by managing principals Glenn Lesko and Travis Hann. Canada is
Boyden Elects Chair and Names New Global Board Members
Boyden has elected Craig Stevens to a two-year term as chairman. Three new board members have also been elected: Dina Akimova, managing partner, Russia; Kathleen Dunton, managing partner, Germany and EMEA leader, private equity & venture capital practice; and Kristen Smit, managing partner, France. Jim Harmon, managing partner, Canada, was re-elected. Board members completing their
