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Pitchbook Market Data Points To Uptick In M&A Deal Activity
At the two-year anniversary of an all-time peak reached in 2021, the global M&A market turned in its second weakest year in exactly a decade. With total deal value sitting right around the $3 trillion mark, 2023 closed with a 15.8 percent decrease from 2022. However, according to Pitchbook’s latest Annual Global M&A Report, 2024 may be
AI Today – Challenges and Opportunities for Business Leaders
Today’s business is already being driven by AI as use across industries and around the world is widespread. And AI functionality continues to develop at an accelerated pace, with companies recognizing they can no longer stay on the AI sidelines. However, with changes occurring so rapidly, developing and implementing sound AI strategies comes with significant
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.
Krauthamer & Associates Recruits CEO for Santa Cruz Metro
After a nationwide search attracting dozens of applicants, Krauthamer & Associates recently recruited Corey Aldridge as the new CEO of Santa Cruz Metro. His appointment came almost two months after former Metro CEO/general manager Michael Tree announced he would retire from the agency, less than two years after he assumed the role. Board chair Kristen
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?
DHR Global Names Vice Chairman
Talent advisory firm DHR Global has appointed Ayman Haddad as vice chairman. In his new role, Mr. Haddad will continue to play a pivotal role in DHR’s ongoing expansion across the Middle East and Africa, with a strategic focus on entering new growth markets, including Saudi Arabia. “Ayman’s elevation to vice chairman is a testament to
Navigating Opportunities in Changing Tides for the Non-Profits in 2024
In the fabric of our society and global economy, non-profit organizations have long been the stitching that binds community care and human altruism. However, in 2024, a new report from ExecSearches.com’s F. Jay Hall says that as dynamic shifts continue to alter the socio-economic landscape, the non-profit sector finds itself at a pivotal juncture, brimming
Eastward Partners Recruits CEO for Living Earth – Mulch, Compost, Soils
New York-based Eastward Partners has assisted in the recruitment of Manny Rodriguez as the new CEO of Living Earth – Mulch, Compost, Soils in Dallas, TX. The search was led by Brett Vecchio and Lonia Zylberman. “Eastward Partners is pleased to announce the appointment of Manny Rodriguez as chief executive officer for Living Earth – Mulch, Compost, Soils,” the search firm
RMN Electi Fills Top Marketing Post for the Foundation to Combat Antisemitism
As business becomes more global and complex, and power shifts from producers of goods and services to consumers, top marketing executives’ responsibility of planning and coordinating an organization’s marketing activities has become much more challenging, according to recruiters specializing in the function. A past DHR Global study found that the companies that have reputations for
WittKieffer Seeking CHRO for Texas Tech
A number of universities have recently turned to search firms to find new chief human resources officers. Oak Brook-IL-based WittKieffer was recently selected by Texas Tech University to lead in its search for a new CHRO. Ryan Crawford and Luis Bertot are leading the assignment. The school seeks an CHRO to lead the institution’s efforts to redefine human
Wilton & Bain Opens Office in Dubai
Wilton & Bain recently opened a new office in Dubai. “We are delighted to announce the opening of our new office in Dubai,” said David Heron, CEO. “We will serve clients across the Middle East and North Africa, with further announcements to follow of our new managing partner who will be leading Wilton & Bain
Creating a Winning M&A Leadership Team
What makes a merger or acquisition a success? It all starts with having the right leaders in place. Research shows that strong leaders predict M&A strategy success and specific competencies are associated with high-performing deals. The right leadership team is so critical because they have a big job on their hands: ensuring executive alignment, setting the
Aspen Leadership Group Leading Chief Development Officer Search for the Pittsburgh Public Theater
Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, has been called in by the Pittsburgh Public Theater to lead in its search for a new chief development officer. Jeanette Rivera-Watts is leading the assignment. Reporting to the managing director and partnering closely with the artistic director, the
The New York Society for Ethical Culture Taps Development Guild DDI to Find New Leader
Non-profit specialist recruitment firm Development Guild DDI has been retained by the New York Society for Ethical Culture (the Society) to lead in its search for a new executive director. Senior vice president and principal Tracy Marshall is leading the assignment. Reporting to the Society’s board of trustees and working in close collaboration with clergy
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
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
The Current State of Executive Recruiting
Look back three months and optimism was high. Everyone was hoping for a rebound and many were willing to believe certain data points—a market rally, continued growth in executive hiring—served as confirmation we were there—or, at least, almost there. Despite stubbornly high interest rates and global conflicts, Q2 was a proof point for the optimist.
SRI Assists British Gymnastics with CEO Search
The board at British Gymnastics, with help from senior leaders from Sport England, UK Sport, and London-based executive recruiting firm SRI, has appointed Sarah Powell as its new chief executive officer. “The caliber of applicants for this position was outstanding and we are delighted to appoint Sarah, who is a successful executive leader with 20 years’ experience
Riviera Partners Names Chief Technology Officer
Riviera Partners, a recruitment provider specializing in C-level engineering, product and design leader placements, has appointed Andrew (Pete) Peterson as chief technology officer. In this role, Mr. Peterson will oversee the firm’s technology vision, direction, and development by leading the engineering, product and data science teams. “Riviera Partners has created a platform that uses machine learning
Korn Ferry Posts 26 Percent Quarterly Revenue Gain
Korn Ferry (NYSE:KFY) has posted 2021 fiscal year-end revenues of $1.81 billion, down six percent from a year ago. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – also reported fourth quarter revenue of $555.2 million, an increase of 26 percent. The increase in fee revenue when compared to last
5 Concepts for the Post-Pandemic World of Work
As the pandemic begins to recede in many countries, it has become clear how much the coronavirus has changed the world of work. A year ago, we started to transform our spaces, our time management and how we performed our jobs. In a recent report, Natascha Zeljko, editor-in-chief at FemaleOneZero, and experts from Horton International
NorthWind Partners Recruits CFO for Cognosante
Reston, VA-headquartered executive search firm NorthWind Partners has assisted in the placement of Steve Hamric as the new chief financial officer of Falls Church, VA-based health IT company Cognosante. Partner Hunter Murray led the assignment. “I am pleased to welcome Steve to our leadership team,” said Michele Kang, founder and CEO of Cognosante. “He complements our strong growth culture, and
SearchWide Global Assists Big Sky Chamber of Commerce and Visit Big Sky in CEO Search
Retained executive recruitment firm SearchWide Global recently assisted in the placement of Brad Niva as the new president and CEO of non-profit Big Sky Chamber of Commerce and Visit Big Sky in Montana. Search firm vice president Nicole Newman led the assignment. Mr. Niva brings an extensive background in the outdoor and tourism industry. Most recently, he served as the
HC Smith Recruits Executive Director for Las Vegas Philharmonic
Following a nationwide executive search, Beachwood, OH-based executive search firm HC Smith has assisted in the placement of Anne Berquist as the new executive director of the Las Vegas Philharmonic. “I am thrilled and honored to be the Las Vegas Philharmonic’s executive director,” Ms. Berquist told Broadway World. “The Philharmonic has a long and prestigious history, and there are countless
Jensen Partners Launches New Platform to Address Diversity Hiring
Today, New York City-based Jensen Partners, a woman-owned executive search and corporate advisory firm for the alternative investment management industry, will launch DiversityMetrics, a software platform to combine self-reported diversity data and human capital management technology specifically designed for asset managers seeking to quantify, measure, report and improve workforce diversity and inclusion – both within their
Caldwell Places Chief Revenue Officer at Rasa Technologies
Top-drawer chief revenue officers are commonly found at start-ups and smaller businesses and tend to the bottom line while the rest of the C-level team expands key partnerships, seeks growth opportunities, or sources funding. That is changing. Larger businesses now view the CRO post as an essential, long-term role. In one recent search, Mercedes Chatfield-Taylor, managing
Russell Reynolds Associates Seeking CFO for Rail Safety and Standards Board
The Rail Safety and Standards Board (RSSB), an independent British non-profit company which supports its members to deliver a better, safer railway through its research, standards, and analysis, has retained Russell Reynolds Associates to lead its search for a chief financial officer. RSSB’s new CFO, who will be based in London, will report to the
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
