Private Equity Recruiting: Linking Talent to Value
Hunt Scanlon Media is convening 300 private equity leaders, chief talent officers and executive recruiters at the Harvard Club in New York on May 1, 2019 to explore the link between talent and value.Hunt Scanlon
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A new Korn Ferry report finds that companies are hiring on the basis of skills vs. open positions.
The benefits of AI most likely outweigh any concerns in terms of its impact on the executive recruitment industry.
The accelerating rate of change in business, the economy and society challenges both business and HR to adopt new rules for leading, organizing, motivating, managing and engaging the 21st-century workforce.
The Colorado School of Mines, commonly known as Mines, with the assistance of Storbeck/Pimentel & Associates, one of the nation’s leading boutique providers in the higher education space, has named Richard Holz as its next provost. Mr. Holz is currently dean of the Klingler College of Arts and Sciences at Marquette University and will join Mines
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has entered into an exclusive agreement with Business Talent Group (BTG) to offer its clients access to the high-end online job platform’s pool of independent business professionals, on demand, for critical, project-based assignments. “Once reserved for temporary backfill work or emergency support, independent professionals
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.
Rob Tillman, a veteran executive recruiter and coach, has launched a new firm, TillmanPartners. The Scottsdale, AZ-based firm will provide executive search, integrated coaching and one-on-one coaching specializing in CFOs and CIOs. “I’ve been blessed to serve hundreds of leaders over the last three decades, and my focus on recruiting and coaching CFOs and CIOs
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?
Global recruiting consortiums continue to take advantage of a resurgence in certain geographic areas. Among them, executive search network IMSA Search Global Partners has added Danish search firm Brinch & Partners as its newest member. Brinch & Partners has maintained steady growth since its founding a decade ago. Its team includes founding partners Martin Bo Sørensen and Jens
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Although it’s tempting – and exciting – to dig into predictions for the global workforce of 2030, it often isn’t practical to look that far into the future to determine our actions today. A recent publication from PwC, for example, reports five “megatrends” they believe will shape this future: technological breakthroughs, demographic shifts, rapid urbanization, shifts in
Search firms continue to expand into new areas whether it be via acquisition, alliance or launching new services. The trend has been seen with large operations and small boutiques alike as recruiters hope to provide clients with best-in-class services for finding, assessing, onboarding and retaining their senior-level talent. The latest meeting of the minds? Executive search
The American Association of Port Authorities (AAPA) has turned to global search firm Odgers Berndtson to find its next chief executive officer, following the retirement of long-time leader Kurt Nagle. Vice chairman and partner Tim McNamara is leading the assignment along with partner and practice leader Conrad Woody. William Friedman, chairman of the AAPA and CEO of Port
Executive recruitment firm Howe-Lewis International has been selected to find chief advancement officers for non-profit organizations in California and New York. Despite the differences in their missions, both the Palm Springs Art Museum and the New York Restoration Project (NYRP) will rely on this key role to drive their fundraising. The Palm Springs Art Museum seeks
Greensboro, NC-based executive search firm ASCENT Select has expanded with the addition of John Bennett as a partner. His addition will bolster the firm’s expertise at placing mid- to senior-level executives in supply chain and logistics, finance, operations and sales. Mr. Bennett has more than 25 years of senior management experience in media, biotechnology, manufacturing,
Culture fit is hardly a new concept. Well before the rise of various models and frameworks to evaluate organizational culture, companies recognized the risk of hiring a cultural mismatch — such as the lone wolf in a company that values collaboration. New employees, especially leaders, who clash with the culture are often ineffective, and are
Anyone with the ties to the human resources function knows how much it has evolved in recent years – and with it the role of the chief human resources officer (CHRO). The biggest shift has been in how the CHRO has progressed from fighting for a seat at the table to playing a key role
Major gifts officers are among the most vital roles for educational institutions. The position involves identifying potential donors, cultivating relationships and, above all, garnering much-needed contributions from key supporters. Recruitment firms that can find the right person for this top-level fundraising position are much-valued partners of not-for-profits everywhere. And for recruiters, the business of finding
Executive search firm Kingsley Gate Partners has established a new global knowledge center which will serve as a foundational platform to its growing global client base. It will function as a strategic resource, initially focused on expanding the organization’s knowledge management function and strengthening research to facilitate business development and search execution. “We are excited to
The Inzito Partnership, a London-based executive search firm, has expanded with the addition of a financial officer practice to serve what the organization says is a growing number of requirements in the field. Simon Bailey joins the company to lead the new practice, working on the appointment of CFOs and their leadership teams in the U.K.
Across the board, in every industry, today’s candidate-driven market is fueled by growing demand for top talent against a landscape of short supply. This has led to nearly three million people being employed in temporary jobs, a number that is expected to grow at a healthy pace over the next few years as companies strive to
Executive recruitment firm Quick Leonard Kieffer has recruited Jacqueline Burgess-Bishop as CEO of the National Kidney Foundation of Illinois, chartered as one of the founding affiliates of the National Kidney Foundation in 1964. The assignment was conducted by Steven M. Derks, president and chief executive officer, along with principal Jennifer Deniz. “Because of the dedication and strength
After a national search, executive recruitment firm Preng & Associates has placed David L. French as president and CEO of Rosehill Resources Inc. in Houston, TX. He will succeed Gary C. Hanna, who has served as interim president and CEO since September. Mr. Hanna will remain chairman of the company’s board of directors. “We are very pleased to have
National youth development organization Camp Fire has enlisted Sterling Martin Associates to help find its next president and CEO. David S. Martin, managing partner; Tricia Bork Canavan, senior consultant; and Katherine Carter, senior executive recruiter, are conducting the assignment for the Washington, D.C.-based recruitment firm. Camp Fire wants a CEO who will be an innovator to
In what continues to be a trend among organizations, London-based Publicis Media has launched an executive search practice which will be led by veteran executive recruiter Julie Jeantet. Ms. Jeantet will work closely with existing senior recruiters Mary Hurlock-Murphy and Marcus Wainer and will oversee Publicis Media’s internal talent mobility program for leaders. “It has never
Although chief executives continue to be upbeat about the economy, their confidence levels have dropped in recent months, according to the latest report by the Conference Board. Meanwhile, the Worker Confidence Index (WCI) compiled by HRO Today Magazine and Yoh found that American workers’ confidence remained relatively stable last quarter and enjoyed a 2.6-point year-over-year rise compared to last year. “Despite
Competition among consumer companies has never been fiercer. Customers are shopping in new and sometimes non-traditional ways as mass market retailers offer designer goods, brick and mortar staples are available on-line and venerable brands spin off agile brand extensions. Consumer companies are also keen to capitalize on the potential of emerging and high growth markets. All this
USA Rugby has named an internal candidate, Ross Young, as its new chief executive officer. Executive recruitment firm RSR Partners led the search and assessment efforts. Mr. Young has been operating in the role since Dan Payne stepped down from the job in July to head operations with Rugby Americas. Based in Lafayette, CO, USA Rugby is the national governing
Pasadena, CA-based search firm Envision Consulting has placed Edward Amey as the new executive director of Jay Nolan Community Services (JNCS), a Mission Hills, CA-based non-profit which provides support services to those with autism and other developmental disabilities. Jeff Strully retired in December after 25 years with the organization. “We are very fortunate to have
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire recruiters and open locations. Among them, Horton International has strengthened its presence in the Middle East with the opening of a new office in Dubai. Horton International began its presence in the region by
As e-commerce enters its second decade of maturity, a new generation of executives is entering the C-suite. Some of these professionals are self-made, having launched successful companies to become highly-visible 20- and-30-something CEOs. Others, prized for their digital fluency and new ways of thinking, are climbing the ranks in the fast track to the top.
Korn Ferry will conduct the search for a new commissioner for the collegiate sports Big Ten Conference. Earlier this week it was announced that Jim Delany, who has held the commissioner role for 30 years, will step down when his contract expires at the end of June 2020. The search will be led by Jed
Toronto-based executive search firm Caldwell has recruited Dinesh Goyal as chief credit officer at OneMain Financial in New York. Paul Heller, managing partner of the firm’s global financial services practice, led the assignment along with partner Rich Perkey. In his new role, Mr. Goyal is responsible for managing credit, pricing, direct mail and digital marketing, and operational analytics. Mr. Goyal
Executive recruitment firms have made a number of top leadership appointments over the past year, many focused on strategy, growth, branding efforts and operations. The latest: New York-headquartered Raines International named COO Daniel R. Smith as its new president and CEO. Founder and current CEO Bruce R. Raines will continue with the firm as senior
The Fahrenheit Group, a Richmond-based business advisory and professional services firm, has acquired Bencks & Co., a boutique recruiting firm headquartered in Richmond, VA. Financial terms of the deal were not disclosed. Fahrenheit, founded in 2010, provides advisory, accounting & finance, and human resource services from offices in Richmond, VA, Metro Washington, DC, Raleigh, NC
Phillips Oppenheim, an executive search firm dedicated to the non-profit sector, has been retained by the Saratoga Performing Arts Center to lead its search for a president and executive director. Marcia White, who rescued the Arts Center from the worst budget crisis in the organization’s history, plans to retire at the end of 2016 after serving for a dozen
Cejka Search, a physician, advanced practice and healthcare focused executive search firm, has expanded its management team with the addition of four industry executives who will serve as regional vice presidents for its physician search division. The expansion is in response to growing demand from a broad-based coalition of clients, including academic medicine concerns, hospitals and
Chicago-based Heidrick & Struggles International / (NASDAQ:HSII) has posted 2015 global revenues of $531.1 million, a 7.5 percent increase from revenues of $494.3 million in 2014. Revenue grew in the Americas by 15.2 percent (approximately 16.6 percent on a constant currency basis) and in Asia Pacific of 4.5 percent (approximately 12.7 percent on a constant currency basis), but saw
Executive search firm Harvard Group International (HGI) has been selected by global non-profit United Way Worldwide to attract a chief culture officer to their organization. Chad Biagini, a co-leader of Harvard Group’s non-profit practice, is heading the search. “We are happy that United Way Worldwide has placed its trust in Harvard Group’s ability to handle this critical search project,”
ZRG Partners has established a footprint in Brazil with the addition of Denys Monteiro as chief executive officer. While ZRG has completed searches in the region, this becomes the firm’s first on-the-ground venture in the Brazilian market. Mr. Monteiro was most recently CEO of Fesa, Brazil’s largest independent executive search firm where he has worked for 18
Once again, executive search firm Hanold Associates has been retained to search for an organization’s chief human resources officer (CHRO), this time by Recreational Equipment, Inc. (REI). Founder and ex-Russell Reynolds Associates recruiter Jason Hanold will lead the search. Reporting to the company’s chief executive officer, Jerry Stritzke, the incoming CHRO will be a member of REI’s executive
Member-owned recruitment network NPAworldwide has added 10 new member firms. Membership in the network allows independent recruiters to serve their clients and candidates by partnering with other member firms on a split-fee basis. Uruguay-headquartered Advice provides recruitment services in the areas of telecommunications, pharmaceutical, health, financial services, power, logistics and transport, information technology, forestry, food & agriculture, public sector,
Women are under-represented in the workforce globally, and if organizations maintain the current rate of progress, female representation will reach only 40 percent globally in the professional and managerial ranks by 2025, according to Mercer’s second annual ‘When Women Thrive’ global report. Among the key trends revealed in the report is that women’s representation within organizations declines
Odgers Berndtson has acquired Charleston Partners, an executive search and talent advisory firm that exclusively recruits HR professionals and advises on human capital management issues. Financial terms of the deal were not disclosed. Francis Luisi, founding principal of Charleston Partners, will lead the Odgers Berndtson U.S. HR practice and will work from the firm’s New
Amherst College has selected Isaacson, Miller to lead its search for a chief diversity officer. Mariana Cruz resigned as interim chief diversity officer in early October. Bud Moseley, a vice president in Isaacson, Miller’s Boston office, is leading this search along with Donna Cramer, senior associate. The college seeks a visionary, strategic, diplomatic, collaborative, and inspiring leader, according to
Egon Zehnder has been retained by Mövenpick Hotels & Resorts (MHR) to lead its search for a chief executive officer. Jean-Gabriel Pérès has announced his intention to retire after 17 years of leadership. He will continue to serve as CEO until his successor assumes his responsibilities. The incoming CEO will be expected to “drive value-accretive initiatives”
Executive search firm Quick Leonard Kieffer has appointed Patricia Hall as a managing partner. She will be responsible for leading the expansion of the firm’s life sciences practice. Ms. Hall has over 20 years of experience focused on general management, commercial and operations leadership for the pharmaceutical, biotech, medical device and consumer health and wellness sectors. She
Not Actively Looking, a U.K.-based global matchmaking platform for senior executives and executive search firms, has completed a private fund raising of more than £400,000, or the U.S. equivalent of nearly $600,000. The service allows executives to discreetly manage and update their CV for the benefit of executive search firms they hand pick. For search firms, the service
Heidrick & Struggles has named Bonnie Gwin and Jeff Sanders as co-managing partners of the firm’s global CEO & board practice groups. Heidrick’s global CEO & board practice advises companies on succession planning, talent management, board effectiveness and culture shaping, and also places directors and CEOs at leading private and public companies. It offers an
Baker and Associates, LLC has recruited Troy D. Paino as the 10th president of the University of Mary Washington in Virginia. Rick Hurley, who has served as the University’s president since 2010, said he will retire in June. The search was led by senior vice president Martin Baker. Mr. Paino is currently president of Truman State University, a post he
Spencer Stuart has placed Lisa Lucas as the new executive director of the National Book Foundation (NBF). She becomes the third executive director in the Foundation’s history. Harold Augenbraum, the current executive director, will step down from his post next month. Ms. Lucas comes to the NBF after serving as publisher of Guernica, a non-profit digital magazine focused
Executive search firm Boyden has added Brian G. Bachand as a partner in its Toronto office. He will work in the firm’s education, healthcare & life sciences, and not-for-profit recruiting practices. Boyden’s Toronto office serves a number of sectors, including financial services, healthcare, municipal, industrial, real estate and development, construction, consumer products and professional services.
Executives see the need to make culture a priority to drive alignment, collaboration, and performance, according to the recently released ‘Real World Leadership’ study by Korn Ferry Hay Group. The report, which polled more than 7,500 executives from 107 countries, found that “driving culture change” ranks among the top three global leadership development priorities. The report affirms
Ex-Egon Zehnder partner, Rob Sloan, has launched Starboard Tack Advisors, a strategic talent development and advisory services provider to boards, chief executives and executive teams in the financial services sector. The new firm will be based in New York. Mr. Sloan has served as a talent advisor to boards for projects including CEO succession, director search, executive
Executive search firm Witt/Kieffer has placed Michael W. Coughlin as president and chief executive officer of Crotched Mountain Foundation. Former president and CEO Don Shumway announced his retirement in September after 13 years of service. A search committee, chaired by Bruce King, chief executive officer of New London Hospital and a member of the Crotched Mountain board
NorthWind Partners, a boutique search firm focused on recruiting talent for the private equity sector, has recruited Sal Fazzolari as chief operating officer of eGlobalTech (eGT). In this capacity, he will oversee eGT’s strategic vision and growth plans. Managing partner Mark HuYoung, who leads the firm’s private equity practice, along with partners Patrick Gray, Hunter Murray, and
Georgia-based executive search firm Myers McRae Executive Search and Consulting has appointed Alan G. Medders Ph.D. as its new president. Dr. Medders has had a distinguished career in higher education and foundation administration, fundraising, planned giving, marketing, communications, and fiduciary and asset management. His understanding of the demands placed on academic and administrative leaders and the complexities
The landscape of traditional publishing is changing, as companies are now re-engineering themselves to become global media companies, serving digital audiences and consumers. While many of the senior level positions companies fill still maintain traditional titles, the criteria has changed. Companies are no longer seeking professionals to move from one publishing company to another, but rather
Executive search firm JGA Partners, LLC has been launched by talent acquisition veteran James G. Abruzzo. Headquartered in New York, the firm opened in November to provide recruiting services for both the executive search industry and corporate talent acquisition function. JGA’s services range from finding client facing search consultants and talent acquisition leaders for companies to onboarding, compensation
Russell Reynolds Associates is leading the search for a new chief executive officer for Save the Children UK. Justin Forsyth, chief executive of Save the Children UK since 2010, announced he is leaving the charity. Tanya Steele, executive director of marketing, fundraising and communications, will serve as interim CEO until a full time replacement is named. The incoming CEO will be a committed believer
Executive search firm Bradbury Associates / Gossage Sager Associates has been retained by Champaign Public Library to lead its search for a new library director. Interim library head Donna Pittman will lead the Champaign Public Library while the assignment is being conducted. The search began shortly after library director Marsha Grove announced her retirement in September after 13
Amrop, a partnership of recruiting firms operating from 83 offices in 57 countries throughout Asia, EMEA, and the Americas, has added Anhalt Executive Search in Germany as its newest member firm. With offices in Berlin, Duesseldorf, Hamburg and Munich, this latest Amrop member is a newly-created firm led by three senior business owners, all established
Heidrick & Struggles has acquired Decision Strategies International (DSI), a Philadelphia-based strategy and leadership advisory firm. It is Heidrick’s second acquisition in the burgeoning leadership consulting space in the last four months and marks a further step toward the development of a full-fledged leadership capability solutions business within the firm. Financial terms of the deal were not disclosed.
CIO hiring and recruiting for information technology teams is on the rise. Nearly a quarter (22 percent) of U.S. CIOs plan to expand their IT teams, according to a 2015 Robert Half Technology ‘IT Hiring Forecast Trend Report.’ It represents a three-point rise from the beginning of 2015 and an eight percentage point jump from one year ago. According to the report, 67 percent of
Monster Worldwide, Inc./(NYSE:MWW) posted full year revenues of $666.9 million, a decline of eight percent compared to the previous year. The company recorded fourth quarter revenue of $159.2 million, a decrease of nine percent compared to last year. During the most recent quarter, revenue from the company’s careers – North America operations decreased eight percent year