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Mergers and acquisitions, ‘FAANG’ companies and a slew of disruptive models are changing how people around the world consume news and information. Finding talent with diverse skills for these rising businesses calls for innovative thinking, say Carrie and Ted Pryor of Greenwich Harbor Partners. Let’s take a look at some fertile ground for recruiting!
When it comes to understanding how mentoring operates, most executives have little grounding in data or experience beyond their own.
Executives report that retention of new hires has reached a critical state in their organization, a recent survey shows.
Low pay is the top reason why applicants turn down jobs, while lack of advancement opportunities is the main reason employees leave jobs.
Global executive search firm Coulter Partners recently made eight new appointments in the U.S., Denmark and at their London headquarters. In the U.S., Noah Parekh joins as client partner in Cambridge, MA, while Lisa Pieper has been appointed consulting partner in Palo Alto, CA, and Adrienne Slutzky joins as project coordinator in Short Hills, NJ. In London,
Global talent solutions provider Wilson Human Capital Group Inc. (WilsonHCG) has expanded its executive search division with the appointment of director Phil Brakewell. He will serve as leader of the EMEA region. Mr. Brakewell has more than 14 years of talent acquisition leadership experience and most recently served as head of executive search for ResourceBank. Prior to that,
In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.
More companies have been looking outside for new leaders, an indication that hiring an outsider has become more of an intentional leadership choice than a necessity. Outsiders accounted for 22 percent of all CEOs brought in via a planned succession between 2012 and 2017, up from 14 percent in the 2005 to 2007 period, according
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?
Boutique executive search firm Phillips Oppenheim has been chosen to find the next president and chief executive officer for Philadelphia’s newest museum, the Museum of the American Revolution. Mark J. Tarnacki and Adelaide K. Jones are leading the search. The museum’s previous leader, Michael C. Quinn, stepped down last March after six years of steering the
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Greenwich, Conn-based RSR Partners has promoted Dany B. Berghoff to managing director. Mr. Berghoff, who took over as head of the firm’s global sport and entertainment leadership practice from Joe Bailey in May, will focus on working with clients across the sports, media and entertainment industries. He is also a member of the firm’s hospitality and leisure practice. Mr. Berghoff has
Nearly two-thirds of professionals (63 percent) say they have cut short vacations because of occupational demands and pressure to perform at work, according to a new Korn Ferry survey. The study also found that nearly three quarters (73 percent) said they would prefer a higher salary over more vacation days. According to the survey, staying in
The public sector is in the midst of major transformation. It faces an array of challenges that range from shifting public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale,
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International has named San Francisco-based partner Scott Atkinson to lead its venture capital practice. He succeeds Rebecca Foreman Janjic, who earlier this year was appointed the global practice managing partner for the firm’s global technology and services practice. “Heidrick & Struggles has a rich and deep history working with venture
While diversity and inclusion initiatives have become a “must-have” for 21st century employers, actually making them work depends on having a clear plan and framework that resonates with diverse talent and aligns with overall business goals. “Whether it is speaking at a conference, or consulting to help develop strategies that align their talent functions with
Executive search firm Odgers Berndtson has continued its recent expansion with the addition of Nicole Phillips as a partner in the firm’s retail and consumer practices. She will be based in the New York City office. “We’re delighted to have Nicole with us,” said Diane Lavietes, head of Odgers Berndtson’s retail and consumer practices in the U.S. “As we
Vancouver, British Columbia-based PFM Executive Search has placed Cynthia Kinsella as chief development officer of the Greater Vancouver Food Bank Society (GVFBS). “With Cynthia’s proven success of mentoring effective teams and implementing process improvements throughout her career, she will be a valued member of GVFBS’s executive team,” PFM said. Ms. Kinsella has had a 28-year career in
When it comes to successful hiring and retention, pay rules, according to Adecco’s “2018 U.S. Workforce Report: Attracting Talent and Retaining Employees.” The report, which surveyed over 1,000 American workers from coast to coast, said that remuneration is easily the most important job factor. Employees told Adecco that their top job factors were: salary/wages (42
Toronto-based Caldwell has launched a blockchain advisory council aimed at driving the understanding, integration and implementation of blockchain technologies. The new offering for clients is in partnership with blockchain consulting firm, BTblock. “Blockchain technologies carry the potential for substantial impact within our client’s organizations, as they can enable the strategic reorganization of workflows and related structures,”
Toronto-based Vlaad and Company, a financial services executive search firm, has expanded into the U.S. with the opening of a new office in New York City. The expansion increases the firm’s North American presence and helps both American and Canadian firms find top-tier talent in a very tight marketplace, said the firm New York remains
As employers grapple with a highly competitive hiring environment that is causing prolonged job vacancies across the U.S., workers will reap the benefits. According to CareerBuilder‘s ‘Midyear Job Forecast,’ a full 63 percent of employers plan to hire in the second half of 2018, up from 60 percent last year. A substantial percentage of employers said
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
Acquisitions continue to make big news in the executive search industry. The Power of Talent Ltd (Bidco), an entity owned and controlled by investment funds managed by DBAY Advisors, has made a £98.7 million bid to acquire London-based recruitment firm Harvey Nash. The deal must now be approved by 75 percent of the firm’s shareholders to be
In a significant shift from a year earlier, women have made substantial progress in the boardroom, according to Heidrick & Struggles‘ 2018 Board Monitor Report. The report found that women accounted for 38 percent of incoming board directors at Fortune 500 companies, a substantial rise from the previous year’s 28 percent. The findings suggest that
RH Perry & Associates is leading searches for new presidents at Alvernia University and Quincy University. The Alvernia opening comes with the announcement that Thomas F. Flynn, who has led the Catholic university since 2005, will be stepping down next June. The Reading, PA-based school’s next president will have the opportunity to build upon the
Hudson Global Inc. / (NASDAQ:HSON) posted second quarter revenues of $17 million, up 14.7 percent in constant currency, from a year ago. By region, Hudson Asia Pacific led the charge, recording a revenue gain of 39.2 percent and Hudson Europe experienced revenue growth of 3.7 percent. Hudson America, meanwhile, struggled, posting a revenue decrease of 15.7 percent. The New
For all the confidence that CEOs tend to convey, most of them have faced greater struggles in the top job than might be evident. Participating anonymously, leaders in a new study by Egon Zehnder revealed that while they did feel ready for the strategic and business aspects of their roles, they felt much less prepared
For many academic recruiting specialists, business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Education-focused executive recruiter Academic Search, for one example, recently placed Eileen Goldgeier as vice president and general counsel of Brown
Executive search firm Ventura Partners has expanded with the addition of sports industry veteran Katy Young Staudt as managing director in its sports & entertainment practice. Ms. Staudt will open a Ventura office in Phoenix. “We are thrilled to have someone of Katy’s experience and respect on our team,” said Chad Chatlos, leader of the firm’s sports and
Employers added 157,000 jobs last month as the U.S. unemployment rate dipped to 3.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The July gain is the 93rd consecutive month of job growth. The number of unemployed people rose to 6.3 million. The results fell short of the forecasts of analysts, who expected 190,000 jobs to
Executive search firm Diversified Search, one of the top 10 executive search firms in the U.S., has placed Amy E. Beiter as the new CEO of Kirkland, WA-based integrated health system EvergreenHealth. She replaces Bob Malte who announced his planned retirement from the organization this spring. Zack Reynolds, a managing director in Diversified’s healthcare services practice, led the assignment.
Bullhorn Inc., which provides cloud-based customer relationship management and operations solutions for the staffing industry, has acquired Invenias, a U.K. provider of cloud-based software for executive search firms. Financial terms of the deal were not disclosed. “This acquisition is great news for Invenias customers and prospects,” said Peter Linas, EVP of corporate development and international
Rockville, MD-based search firm JDG Associates has placed J. Lee Covington as the new president of the Surety & Fidelity Association of America (SFAA). Lynn M. Schubert, the group’s current president, announced in December that she would be retiring at the end of this year. Paul Belford, principal at the recruitment firm, led the search. “In the past 22 years,
Museums are among the non-profit organizations that are increasingly turning to specialist recruiters to help fill critical senior-level leadership roles. Recently, Crownsville, MD-based Durakis Executive Search placed Kris Hoellen as the new executive director of the Baltimore & Ohio Railroad Museum. She replaces Courtney Wilson, who led the museum for 20 years. “Kris brings the ideal
Russell Reynolds Associates has recruited Travis McCready as chief executive officer of the Massachusetts Life Sciences Center. Past CEO Susan Windham-Bannister resigned from her post this spring. Mike Kennealy, assistant secretary for business growth for the Commonwealth of Massachusetts in the Executive Office of Housing & Economic Development, has been serving as interim CEO. Mr. McCready
ChampionScott Partners has recruited Shannon Erman as chief revenue officer of BRIDGE Energy Group. Mr. Erman is a seasoned utility industry executive with over 20 years of strategy, sales, marketing and operations experience. Most recently, Mr. Erman was VP of North America for Oracle’s Utilities and Energy Business Unit where he established new go-to market initiatives while achieving
Heidrick & Struggles has named Tom Moran as a partner and member of the firm’s financial services practice, as well as its CEO and board practice. Based in Chicago, he will work across the firm’s financial services practice, specializing in insurance, and will work closely to facilitate a seamless financial services CEO & board effort globally. With
Russam GMS, a provider of interim managers and executive search solutions, has opened a new office in San Francisco. The opening of the new location follows high demand for executive talent from technology companies and the venture capital community to meet the needs of growing sectors such as FinTech and MedTech. Russam GMS director, John Schonert,
Korn Ferry has entered into a definitive agreement to acquire Hay Group in a move seen as expanding Korn Ferry’s human capital consulting business. Hay Group, founded 72 years ago, is a global leader in people strategy and organizational performance. It has a portfolio of intellectual property, including several of the world’s most comprehensive management
The Conference Board’s U.S. employment trends index rose last month to the mark of 128.92, up 4.5 percent from the same month a year ago. The increase was driven by four positive contributors: percentage of respondents who say they find ‘jobs hard to get,’ percentage of companies with positions not able to fill right now,
The Metropolitan Airports Commission (MAC) has retained Spencer Stuart to lead its search for a new executive director and chief executive officer. Current CEO and executive director, Jeff Hamiel, will retire in May 2016 after nearly 40 years of service with MAC. Created in 1943 by Minnesota state law, the Airports Commission is a public corporation providing coordinated aviation services throughout
Executive search firm Howard Fischer Associates (HFA) has placed Eddy Hartenstein as the newest member of the board of directors at Rovi Corporation. In March, the firm recruited Steven Lucas to serve on Rovi’s board. “Beginning last year, Rovi’s board decided to augment the board with key expertise in core strategic areas. We retained Howard Fischer Associates to identify qualified new board
MRINetwork, a global executive search and recruitment organization, has opened its first office in Canada with the addition of a location in Ontario. The office will initially focus on the finance and accounting industries. MRINetwork plans to grow its presence in the Canadian recruitment market with expansion into the consumer goods, energy, technology and pharmaceutical markets.
NorthWind Partners, a boutique search firm focused on tapping talent for the private equity sector, has recruited David E. Kopf as president of Anaren, Inc.’s Space & Defense Group. Anaren is a world leader in high-frequency technology deployed in space, defense, wireless infrastructure and Internet of Things (IoT) applications. The company is owned by private equity firm
Former CTPartners recruiter Martin Nass has joined DHR International as managing partner and global real estate practice leader. He will be based out of the firm’s New York office. With 35 years of real estate and mortgage banking experience, Mr. Nass has maintained long standing relationships with leading investment management firms, REIT’s, institutional investors, private equity real
Executive search firm Fairfield Partners has placed Tamara Brown as senior vice president of sales for Mineral Fusion, a leading natural cosmetics and personal care company based in Denver. The company is owned by North Castle Partners, a leading private equity firm in the health & wellness space. Ms. Brown was formerly VP global sales at Alterna
Fox Rodney Search (FRS) has expanded its global legal search practice on the West Coast with the opening of a new office in San Francisco/Silicon Valley. Led by director Kelli Fiore, the West Coast office will join three other locations across the U.S. tasked with identifying and recruiting candidates in the legal profession. “Kelli’s appointment as
Dubai-headquartered executive search and management advisory firm Metin Mitchell & Company has added Muna Awwadova to its management team. She joins the firm as a senior client partner and will have a particular remit for extending the firm’s capabilities in the life sciences, industrial and public sector sectors. Ms. Awwadova has spent most of her career in the Middle East and
Just over a month after being tapped by the Milwaukee Brewers to replace outgoing GM Bob Melvin, Korn Ferry has recruited David Stearns as the team’s new general manager. At 30 years old, Mr. Stearns becomes the youngest active GM in the major leagues. Only Theo Epstein and Jon Daniels were younger when appointed to GM posts
Egon Zehnder has recruited Michael Traill and Andrew Fraser to serve on the board of directors of Sunsuper. Messrs. Traill and Fraser are the second and third directors to be appointed in recent months who are not direct appointments of Sunsuper’s shareholder bodies. The first was Jenni Mack who was appointed in July; she, too, was
U.K.-based oil and gas recruiting specialists Orion Group has launched a new specialist search business: One Executive. The new offering will act as a specialist search business focused on technical and non-technical executive level roles, primarily within the energy sectors. “As the oil and gas sector navigates its way through a difficult period, the industry needs to think about its
Search firm Lucas Group has named Ken Martin as a managing partner in its information technology search division. Mr. Martin, an executive recruiter specializing in the placement of IT professionals, will help develop the firm’s newly opened Cincinnati office through the establishment and growth of an IT branch. He joins Sara Luther, Cincinnati branch lead and managing partner
Christenson Advisory Services (CA), a full service consultancy providing executive search, compensation, financial advisory and management consulting services to the global real estate industry, has strengthened its healthcare and senior housing expertise with the addition of Amy Bauer as leader of the firm’s East Coast executive search practice. Ms. Bauer has more than 20 years of industry
A growing number of American CEOs expect sales, investment and hiring to decrease in the next six months, according to the Business Roundtable’s third-quarter 2015 ‘CEO Economic Outlook Survey,’ a composite of CEO projections for sales and plans for capital spending and hiring over the next six months. The survey found 33 percent of chief executive respondents
Heidrick & Struggles has placed Bradley C. Jones as president and chief executive officer of the New York Independent System Operator (NYISO). Mr. Jones will replace Stephen G. Whitley who is retiring after serving as the company’s top executive since 2008. Mr. Jones is a distinguished energy industry executive with 29 years of wide-ranging experience, including grid
La Quinta Holdings Inc. has tapped Korn Ferry to lead its search for a chief executive officer. Wayne Goldberg has stepped down from his leadership positions in the company by mutual agreement with the company’s board of directors. While Korn Ferry conducts its search process, Keith Cline, chief financial officer, will serve as La Quinta’s interim president
Executive recruiters are increasingly being served hiring mandates in some of the world’s least likeliest of places. To meet the demand, search firms are developing new practices, hiring new recruiters, and opening new locations, from across the Middle East to Eastern Europe. The spike in demand seems to be favoring affiliated global recruiting consortiums and
The Execu | Search Group has opened a new office in Boston that will initially service the accounting/finance, health services, human resources, information technology, life sciences and office support sectors in the city and throughout the local region. The firm says it has additional plans to deliver recruiting solutions in the financial services space soon. “The Execu
David Clapp is managing partner for CarterBaldwin Executive Search, a boutique search firm based in Atlanta. Mr. Clapp leads an active client portfolio that ranges from Fortune 100 global brands to high-growth PE backed companies. His clients are predominantly focused in the distribution, technology, consumer products and professional services sectors. In the following interview, Mr.
The Ontario International Airport Authority has retained Boyden to lead its search for a new executive director and chief executive officer. Tim McNamara, managing partner in Boyden’s Washington, D.C. office, is heading the assignment. The post is expected to be filled by the end of the year. “Candidates can come from several disciplines,” said Mr. McNamara. “It’s a
Executive search firm Michael Kelly Associates has added Rosanne F. Ott as global head of its global healthcare practice. She will serve as a senior financial services healthcare specialist assisting healthcare clients in the selection, integration and development of senior leaders. Ms. Ott has over 25 years of professional leadership experience in the fields of corporate healthcare,
Executive search firm Martin Partners has placed Chris Guglielmi as chief financial officer at Amēda. With nearly 30 years of experience in healthcare financial management, Mr. Guglielmi was CFO at Vesta Funding Inc. since 2008. He served in positions of increasing responsibility at Baxter Healthcare following stints with Pepsi General Bottlers and Ernst and Whinney in Chicago.
U.K.-headquartered executive recruiter Norman Broadbent has named Mark Soden as managing director for its technology, media and telecoms (TMT) practice. In this new role, he will focus on helping clients identify and secure high caliber senior management and board level appointments, with a particular emphasis on companies going through change and transformation. Mr. Soden has more
Korn Ferry has recruited Jina Etienne as president and chief executive officer of the National Association of Black Accountants (NABA). Since 1969, the NABA has been a leader in expanding the influence of minority professionals in the fields of accounting and finance. The organization has over 6,000 members across the country and more than 49 chapters.
David McCormack has launched executive search firm DMC Partners. Headquartered in New York City, the firm’s core practices are focused on recruiting in the capital markets, infrastructure, investment management, and technology sectors. Brook Berry joins Mr. McCormack as client manager. The firm is expected to add a chairman in October. DMC Partners plans to hire up to six senior