DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Korn Ferry to Acquire AMS in $1.1 Billion Talent Solutions Deal
Korn Ferry (NYSE:KFY) has entered into a definitive agreement with OMERS Private Equity to acquire U.K.-headquartered AMS. The transaction will combine Korn Ferry’s expertise across search, talent & organizational solutions, and workforce solutions with AMS’s expertise in recruitment process outsourcing (RPO), early careers and campus recruiting, contingent workforce solutions, consulting, and skills creation. The combination will
CarterBaldwin Assists Ideal Tridon Group with Chief Information Officer Search
CarterBaldwin Executive Search has helped to recruit Shane Dacus as chief information officer of Ideal Tridon Group, a portfolio company of Nautic Partners and global provider of engineered clamps, brackets, fittings, and metal framing systems. Mr. Dacus brings more than 25 years of technology leadership across industrial, manufacturing, and PE-backed platforms, with a consistent record of elevating IT
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.
Marovi Targets Executive Search’s Evaluation Gap With AI-Driven Platform
Atlanta-GA-based Marovi has shared details of its market momentum and customer experience. Core to Marovi’s success is its proprietary evaluation intelligence engine, which weights every candidate against role-specific requirements and generates scorecard comparisons and curated shortlists before the interviewing process commences. Executive search has long been a high-stakes, challenge-filled endeavor, where misalignment can cause significant disruption. Ensuring
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?
Parker Remick Appoints Partner
Seattle, WA-based Parker Remick has expanded with the addition of Amy Lewis as partner. Kevin Williamson, founder of Parker Remick, believes technology leadership has become one of the defining competitive advantages for large enterprises. “Technology leadership has never carried greater responsibility than it does today,” he said. “Every board is evaluating how AI, product innovation, and engineering capability
From Performance Reviews to People Intelligence: Rethinking How Organizations Assess Talent
Performance management is increasingly moving beyond a once- or twice-a-year exercise as organizations look for more timely insight into how leaders and teams are actually performing. For search and talent leaders, that shift is creating new opportunities to use people data more strategically in decisions around succession, development, retention, and leadership readiness. As companies place
millionways and Waxell Form Alliance to Bring Behavioral Intelligence to AI Governance and Agent Observability
millionways, the behavioral intelligence layer for the human-agent workforce, recently formed a strategic partnership with Waxell, an AI governance and agent observability company. The alliance was formed to help enterprises govern, observe, and improve AI agents operating in high-stakes human environments. As enterprises move from copilots to autonomous and semi-autonomous agents, AI systems are being given
How to Build a Perpetual CEO Succession Pipeline
CEO succession planning is increasingly being treated as a continuous leadership priority rather than a process that begins only when a departure is announced. With chief executives serving for a relatively limited period compared with the lifespan of most organizations, boards are under growing pressure to build deeper pipelines, develop internal talent, and maintain visibility
Slone Partners Recruits CEO for Perspectum
Life sciences-focused search firm Slone Partners has placed Warren Cresswell as CEO at Perspectum, an Oxford, England-based precision health company that delivers non-invasive solutions to accelerate drug development and improve patient outcomes in liver and cardiometabolic disease. “Warren brings an exceptional combination of global leadership experience, commercial expertise, and deep knowledge across diagnostics and precision health,” said Leslie
Anthem Executive | Anthem Academics Assists Texas A&M International University with Director of Athletics Search
Anthem Executive | Anthem Academics has assisted Texas A&M International University (TAMIU) with the recruitment of director of athletics. Michael Ballew, Scott Watson, Mike “JR” Wheless, and Florene Stawowy led the assignment. “We are excited to welcome Tyler to Texas A&M International University and to join our Dustdevil family,” said University president Christopher Maynard. His commitment to the academic
The Invisible Month in Executive Recruitment: The Overlooked ROI of Shortlist Due Diligence
Executive search firms are under growing pressure to protect both client outcomes and their own reputations as leadership decisions become more visible and consequential. That has put greater focus on when risk is identified in the search process, not simply whether it is identified at all, and on how earlier diligence can help firms avoid
AI Moves Deeper Into Executive Search Workflows as Innova Heads to Chicago
Artificial intelligence is moving quickly from experimentation into the day-to-day work of executive search firms, but adoption remains uneven across the industry. As search leaders evaluate a growing number of tools, many are looking for practical examples of where AI can improve research, business development, search delivery, and operations without compromising judgment or quality. The
JDG Associates Retained by SPIE to Lead CEO Search
Rockville, MD-based executive search firm JDG Associates has been selected by SPIE, the international society for optics and photonics, to lead its search for a new CEO. The Bellingham, WA-based society, the premier global organization advancing light-based research and technologies, seeks a strategic, globally minded executive to succeed CEO Kent Rochford, who will depart in February
CIO Partners Seeking Chief Information Officer for Resideo
CIO Partners was recently tapped by Resideo to lead in its search for a new chief information officer. This executive is responsible for defining and executing the enterprise technology strategy that enables innovation across connected home products, digital services, and global distribution operations at Resideo Technologies. This leader ensures that enterprise technology platforms, cloud infrastructure, and
DSG Global Appoints Managing Directors
DSG Global has expanded with the additions of Kris McFeely, Chris Clarey, and Scott Murray as managing directors. Ms. McFeely, who joins the firm’s nonprofit and social impact practice, brings more than two decades of executive search experience to the team. She specializes in identifying and recruiting exceptional leaders for mission-driven organizations. Drawing on experience across
U.S. M&A Accelerates as Buyers Raise the Bar
EY-Parthenon’s September Merger Monthly points to continued momentum across the U.S. M&A market. Through August, deal value for transactions above $100 million reached approximately $2.2 trillion, up roughly 48 percent year-over-year, while volume increased 23 percent. Momentum remained strong from June through August, with deal value rising 23 percent and volume advancing 22 percent from
Why the Best Job Offer Is About More Than Salary
A higher salary can make a new job attractive, but compensation alone does not always tell candidates whether an offer is truly better. According to a recent report from NPAworldwide, recruiters can play an important role in helping candidates evaluate the complete package while also helping employers understand why a competitive base salary may not
Buffkin / Baker Recruits President for Valdosta State University
Partner-led executive search firm Buffkin / Baker has assisted in the recruitment of Donald J. Green president of Valdosta State University (VSU). Partner Ann Yates and associate Dinah DeWitt led the assignment. “Don Green is a leader who knows how to deliver results, and he’s proven that time and again,” USG chancellor Sonny Perdue said. “At Gordon State, he focused on
The Moran Company Recruits CEO for The Arc of New Mexico
The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has placed Tracie Fletcher as the new executive director of The Arc of New Mexico. Senior search consultant Bruce Scott led the assignment. “Tracie brings a 25-year track record of leadership in non-profit, government, and community organizations,” The Arc of New Mexico said in a
Riviera Partners Expands Public Practice
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded with the addition of Archer McFall as a partner within its public practice serving large, publicly-traded companies and late-stage, pre-IPO companies. “Getting the right CTO, CIO, or chief AI officer in place, building the team structure around AI, making sure the
Building Your IR Function: The Questions Every VC Should be Asking
As venture firms mature and fundraising becomes more institutionalized, building the right investor relations function is increasingly becoming a critical part of long-term growth. The best time to hire an investor relations leader is before you urgently need one, according to a recent report from SPMB’s Suzanne Heske and Emily Leder. “LP relationships take years to
U.S. Hiring Slows as Unemployment Rate Edges Up to 4.2 Percent
Employment increased by 29,000 in September as the U.S. unemployment rate edged up to at 4.2 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.1 million, also increased in September. Among the major worker groups, the unemployment rate for people who are Black (7.0 percent) increased in September.
Cook Silverman Search Recruits Chief Development Officer for Common Sense Media
Greenbrae, CA-based Cook Silverman Search has assisted in the recruitment of Alicia Chang as chief development officer of Common Sense Media to lead in its search for a chief development officer. Ms. Chang joins Common Sense Media after spending a decade with Lawrence Berkeley National Laboratory, where she most recently served as deputy chief development officer
DRiWaterstone Human Capital Assists WJCT Public Media with CEO Search
DRiWaterstone Human Capital has assisted in the recruitment of Karen Feagins as president and CEO of WJCT Public Media, the independent, community-owned public media organization serving Northeast Florida and Southeast Georgia. “Karen represents exactly what we were looking for as the next leader for WJCT Public Media,” said Bill Hendrich, chair of the WJCT Public Media board
Wilton & Bain Expands Interim Management Business
Global executive search and interim leadership firm Wilton & Bain has named Oliver Bentley as partner within its interim management business. He will focus on senior interim appointments across consumer markets in business transformation, technology and digital. “I am delighted to welcome Oliver to Wilton & Bain,” said James Humphreys, managing partner at Wilton & Bain.
Boards Weigh Internal vs. External CEO Candidates in Succession Planning
Choosing between an internal and external CEO candidate is rarely as simple as favoring continuity or change. For boards and executive search firms, the more important question is whether the succession process is anchored to the company’s future mandate and the leadership capabilities required to deliver it. The internal-versus-external CEO debate often starts with a
Pyramind Places New Leader for The International Institute
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Chad Leahy as the next director of The International Institute. “Chad came to Madrid on September 1 and has begun meeting with Institute staff, familiarizing himself with his new duties, and following the completion of this summer’s improvement projects in the Institute building,”
NPAG Recruits CEO for Dream.Org
Executive search firm NPAG has assisted in the recruitment of Janos Marton as the new CEO for Dream.Org in Oakland, CA. The search was being led by Phuong Quach and Sharon Gertsman. Mr. Marton joined Dream.Org as CEO after spending the past five years leading advocacy work at the organization, where he helped build coalitions and advance
Stevenson Search Partners Expands
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has expanded with the addition of Jim LoSapio to its on-demand talent solutions team as director, business development. “Jim has developed a strong understanding of the unique talent, consulting, and resource challenges facing life sciences organizations
HelloSky Bringing AI Into the Core Workflows of Executive Search Firms
Artificial intelligence is entering executive search at a time when the pace and expectations of the work are already shifting. For many firms, the introduction of new tools naturally raises questions about how established workflows and practices will evolve. Search has traditionally relied on a blend of experience, process, and individual approach, which can make
ON Partners Recruits Chief Product Officer for Clio
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work
For PE Firms, a Call to Embrace ESG
Despite growing support for environmental, social, and governance (ESG) investing, many private equity firms have dismissed the concept. In a report last summer, McKinsey & Company cited four main criticisms of ESG – that it distracts from companies’ ultimate mission of creating profits, that it’s not feasible, that it’s not adequately measurable, and that even
The Outsized Role That PE, VC And Tech Play In Executive Recruiting
In their latest Executive Search Report, Thrive noted that following a precipitous drop in executive hiring to close out 2022, the market seems to have found stability. Opened searches increased nearly 12.5 percent in Q1, the largest quarterly uptick Thrive said it has seen in its dataset in almost two years. Closed searches also increased, similarly
ZRG Partners Places CEO for HomeRise
After a national search, ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, has placed Janéa Jackson as chief executive officer of HomeRise, a leading provider of permanent supportive housing in San Francisco. Leading the assignment were managing directors Diane Charness and Matt Slepin. “We were incredibly proud to work
Bryant Group Recruits AVP of Outreach and Innovation for Western Michigan University
Following a national search, Dallas-based executive search and talent development firm Bryant Group has placed Michael Carlton as the first associate vice president of outreach and innovation for Western Michigan University (WMU). Sarah Hempen, vice president, led the assignment. For more than 15 years, Mr. Carlton oversaw annual giving, alumni relations, special events, and donor relations for public universities
Massey Henry Expands
Toronto-based executive search firm Massey Henry has expanded with the addition of Charlotte Berry as partner. “Charlotte’s addition to the firm is reflective of our significant growth, as well as the industry’s rising demand for leadership solutions tailored to financial services,” said Michael Henry, founder and managing partner. “Her breadth of talent management expertise — in both
Is an Executive Hiring Crisis Approaching?
The Great Resignation made headlines in 2021, with scores of employees leaving their jobs amid the pandemic and societal upheaval. But while these issues have receded, another crisis looms in the distance: the upcoming executive labor shortage as baby boomers leave the workforce. Baby boomers — generally defined as people born between 1946 and 1964
EssentialDx Announces Launch
EssentialDx, a new business diagnostic solutions provider, has been launched. The Austin, TX-based solutions provider is looking to tap into “a new frontier of enterprise data to provide transformative insights that directly address the highest priorities of today’s C-suite.” “In the face of one of the most dynamic and challenging business environments in history, leaders
Mercuri Urval Acquires Delta Management Consultants
Stockholm, Sweden-based executive search firm Mercuri Urval (MU) has acquired German executive search firm Delta Management Consultants GmbH. Financial terms of the deal were not disclosed. “We are pleased to be acquiring such a longstanding firm with such exceptional colleagues,” said Richard Moore, CEO. “Together we will create even further value for both our clients. Today clients need effective,
CarterBaldwin Recruits President for the University of North Georgia
CarterBaldwin Executive Search has assisted in the recruitment of Michael Shannon as president of the University of North Georgia (UNG). He will replace Bonita Jacobs, who has led the school since 2011. Founding partner and chairman Price Harding led the assignment for the search firm along with search consultant Susan DeWoody. “UNG plays a unique role within the
Ivy Group Retained by W.J. Stelmaschuk & Associates for CEO Search
Toronto-based executive search firm Ivy Group was recently selected by W.J. Stelmaschuk & Associates Ltd. (WJS) to lead in its search for a new CEO. The search firm notes that with the retirement of WJS’ CEO, a shifting market landscape and a healthy team and culture in place, there is an opportunity for a new leader to
How DEI is Impacting How We Recruit and Retain Talent
Until recent years, executive recruiters would often speak about sourcing candidates who seem to be a good “culture fit” for an organization. The idea behind it was that potential hires who were aligned with the look and feel of the existing culture would easily assimilate into it, and would require less time to ramp up
Artico Search Recruits Chief Revenue Officer for CharterUP
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. Mercedes Chatfield-Taylor of Artico Search recently assisted in the recruitment
Kestria Expands in Chile
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. Kestria, formerly known as IRC Global Executive Search Partners, recently added Krebs Consulting
How to Use AI to Stand Out to Executive Search Consultants
Emerging generative AI tech like ChatGPT is shifting the global paradigm for data and knowledge creation and changing human-centric industries like executive search in the process. “At ECA Partners, we’re curious about this new horizon and are taking a closer look at how ChatGPT might impact our internal process and the advice we give to
Envision Consulting Seeks New Leader for the Los Angeles Conservancy
Pasadena, CA-based search firm Envision Consulting was recently retained by the Los Angeles Conservancy to lead its search for a new president and CEO. The new leader will succeed Linda Dishman, who has been with the organization for over 31 years. The CEO will be expected to “honor the magnitude of previous accomplishments and continue to build
Blue Rock Search Recruits Global Head of DEI for Papa John’s
Blue Rock Search has assisted in the recruitment of Candace Barnes as the new vice president, global head of DEI of Papa John’s. “Blue Rock was pleased to work with Papa Johns on the search to identify their vice president, global head of DEI,” said Ruben Moreno, founder and HR practice leader at Blue Rock Search.
SpenglerFox Appoints Leader of the Executive Management Interim Line for EMEA
Global executive search and human capital solutions provider SpenglerFox has named Rico Kaczmarek as client partner and leader of the executive management interim line across the EMEA region. He will be based in München, Germany. “With Rico’s appointment, we are reaching yet another milestone in the development and diversification of our services portfolio,” said Jens Friedrich, CEO
Using ChatGPT for Executive Search
As technology continues to disrupt traditional ways of doing business, artificial intelligence is playing a significant role in a variety of sectors, including the executive recruitment industry. One of these AI tools is ChatGPT, an advanced language model developed by OpenAI. With its ability to read, comprehend, generate, and respond to human language accurately, this tool
Myers McRae Recruits 19th President for Kentucky State University
Following a national search, Macon, GA-based Myers McRae Executive Search and Consulting has assisted in the recruitment of Koffi C. Akakpo as the 19th president of Kentucky State University (KSU), a historically black college and university. Kenny Daugherty, the search firm’s president, led the assignment. “Today is undoubtedly an exciting time in Kentucky State’s history, and
The Hawkins Company Seeks CHRO for Coalition for Responsible Community Development
The Hawkins Company, a Los Angeles-based executive recruitment firm, has been chosen to find a chief human resources officer for the non-profit Coalition for Responsible Community Development (CRCD). Yonnine Hawkins Garr, vice president, and Tisa Jones, managing consultant and director of candidate engagement and assessment, are leading the assignment. “The CHRO oversees all human resource
Vetted Solutions Seeks New Leader for Society for Public Health Education
Washington, D.C.- based Vetted Solutions has been retained by the Society for Public Health Education (SOPHE) to lead in its search for a new CEO. The organization’s next CEO will serve as a partner to the president and executive committee of the board of trustees, providing both the strategic mindset and managerial expertise needed to meet
Charles Aris Names Leader of Financial Services Practice
Greensboro, NC-based executive search firm Charles Aris Executive Search has appointed Jacob Watkins as head of the financial services practice. “Jacob joined Charles Aris as an associate recruiter shortly after earning a psychology degree from Guilford College, and he knew early in his career that he wanted to pursue a leadership role at the firm,” Charles Aris said
How Fear of a Recession Impacts Talent Strategy
As budgets tighten and leaders prepare for a possible recession, recruiters say that investing in the employee experience is still a high priority. Most economists agree that the economy is in an unusual state, leaving them unsure if and when a recession might occur and what it will look like. A new report by Slayton Search
Chartwell Partners Recruits Chief Medical Officer for Frontier Medicines Corp.
Chief medical officers are typically cited as the senior government official designated head of medical services, sometimes at the national level. The post is held by a physician who serves to advise and lead a team of medical experts on matters of public health importance. According to recruiters, the role of the chief medical officer
RH Perry & Associates Seeks CFO for Manhattan College
RH Perry & Associates has been enlisted to find a vice president for finance/chief financial officer for Manhattan College in New York City. Leading the assignment are senior consultants Sue DeWine and Pam Shockley-Zalabak. The new CFO will be expected to “lead the institution to its next level of excellence through management of all financial operations
CIO Partners Retained by Together Credit Union to Fill Senior Position
CIO Partners has been selected by Together Credit Union as its exclusive partner to lead the search for the role of vice president of applications, IT strategy and strategic partnerships. This senior executive is a key influencer in the organization’s innovation maturity and acts as an evangelist for emerging technology and innovation. According to the search
IMD International Search Group Adds New Member Firms in North America
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the 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 recently expanded in North America
5 Key Traits for Cyber Experts on Corporate Boards
New Securities and Exchange Commission (SEC) rule changes are expected to require public companies to formally disclose the cybersecurity expertise of board members, as well as the board’s governance practices in overseeing the cybersecurity risk for the company. The added transparency resulting from the new rules will give shareholders a clear understanding of a board’s
Buffkin / Baker Leading President Search for Chowan University
Partner-led executive search firm Buffkin / Baker was recently selected by Chowan University to lead its search for a new president. Kirk Peterson recently stepped down from the role to spend more time with his family. Partner Ken Carrick is leading the assignment. The president serves as the chief executive officer of the university with responsibility for ensuring
Lindauer Places Chief Development Officer for Children’s Hospital of Orange County
Lindauer has helped to place Jessica L. Miley as senior vice president and chief development officer for Children’s Hospital of Orange County (CHOC) in California. Ms. Miley, a proven fundraiser in healthcare who has dedicated her career to serving children and families in need, will direct all fundraising and development programs for Orange County’s only pediatric healthcare system. The
