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Resilient Recruiting: How The Tolan Group Defied the 2023 Downturn
The executive search sector faced a perfect storm of challenges in 2023. Founders, management teams, and recruiters themselves were weathering a downturn that early indications show likely resulted in a dip of 20 percent in annual revenues. There were outliers, of course, and much of how a search firm beat the odds depended on industry
Heidrick & Struggles Posts 4.3 Percent Revenue Decrease
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles / (NASDAQ:HSII) has posted global full-year revenues of $1.03 billion, a decrease of 4.3 percent, compared to $1.07 billion in 2022. The Chicago-headquartered recruiter — the fourth largest global firm as ranked by Hunt Scanlon Media — reported net income was $54.4 million and diluted earnings per share was $2.62. This compares to net income of $79.5
Executive Recruiters Pull Off Another Remarkable Year, Remain Bullish for 2023
Hunt Scanlon Media has released its annual rankings of leading executive recruiters. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2022, a result of continued pentup demand for senior-level leaders and their key reports.
Education Executives Seeking Dean for the College of Engineering at the University of Delaware
Santa Barbara, CA-based Education Executives is currently leading a search for the new dean for the College of Engineering at the University of Delaware. Ilene H. Nagel, John D. Simon, and Charles E. Kaler are leading the assignment. The search began in January. The school seeks a forward-looking, engaged, and strategic new dean of its College
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?
Per Ardua Associates Names Leader of Board Practice
London-based financial services search firm Per Ardua Associates has expanded with the addition of Karin Barnick to lead its board practice and strengthen its asset and wealth management practice. “I am very excited to welcome Karin into the firm. Amongst other things, she will lead our board practice,” said Simon Hearn, chair. “With her leadership we
9 Things Executive Search Consultants Say Not To Do
Over the decades, executive search professionals have gathered much intelligence about critical aspects of how candidates need to present themselves when represented by their search practice. Recruiters are retained by the hiring company, so they know the firm, know the pay range, know the benefits plan, know the hiring manager requirements, know the culture, know
Buffkin / Baker Recruits President for Palmetto Infusion
Partner-led executive search firm Buffkin / Baker recently assisted in the placement of Tim Hadley as the new president of Palmetto Infusion in Columbia, SC. The search was led by Jackson Ross, partner, and Ryan Baggett, associate partner. “Tim’s wealth of experience and dedication to healthcare align seamlessly with our mission,” said David Goodall, CEO of Palmetto Infusion. “As we focus
Bespoke Partners Recruits CFO for Exostar
San Diego, CA-headquartered executive search firm Bespoke Partners has assisted in the recruitment of Rick Simpson as the new CFO of Exostar. Vice president Katelyn Quaresma, Ross Kinnaird, and Leeta Gupta led the assignment. The move comes as the company anticipates building on its record-setting success in the aftermath of its acquisition by private equity firm Arlington Capital
Bryant Group Helps Fill Positions for the University of Washington
Following a nationwide searches, Dallas-based executive search and talent development firm Bryant Group has helped to recruit Brad Joutras as assistant vice president, health sciences, and Suzanne Rinker as assistant vice president, schools and colleges for the University of Washington (UW). Sarah Hempen, vice president, led the assignment. “Reimagining the UW legacy structure will help ensure our
Strategies for Engaging Millennials in the C-Suite
For HR professionals and business owners, the rise of the Millennial workforce represents both a challenge and an opportunity. Traditional management practices, workplace structures, and career paths often do not align with Millennials’ expectations. This mismatch can lead to disconnects in recruitment, retention, and engagement strategies. However, by understanding the unique attributes and aspirations of
SP&A Executive Search Tapped to Find 23rd President for the University of Arizona
SP&A Executive Search has been chosen by the Arizona board of regents to lead in the search for the 23rd president for the University of Arizona. According to reports, the contract with SP&A is worth $275,000. The announcement comes after current president Robert C. Robbins said he would be stepping down. In 2017, the University
SearchWide Global Tapped by the Alaska Raptor Center to Find New Leader
Executive recruitment firm SearchWide Global has been retained by the Alaska Raptor Center to lead in its search for a new executive director. Nicole Newman, the search firm’s vice president, is leading the assignment. The executive director is responsible for the overall strategic direction, leadership, and management of the Alaska Raptor Center’s multi-faceted programs and business
True Partners with Leadership Circle
Global talent provider True has partnered with Leadership Circle, a global provider of executive coaching, assessments, and advisory services. “We help the most innovative companies recruit the right talent to drive their visions, and Leadership Circle understands, assesses and drives leadership effectiveness better than anyone,” said Joe Riggione, True co-CEO and co-founder. “Our companies are both data-centric and
AltoPartners Adds New Member Firm in Ireland
AltoPartners, an international alliance of boutique executive search and leadership consulting firms, recently named its first-ever partner firm in Ireland. After an exhaustive search, Dublin-based Cronin Partners International Search joined the global partnership. Founded by Claire Cronin in 2003, Cronin Partners has a track record based on its work among the Irish diaspora, as well as serving local and
A Look at How the CFO Role in Private Equity is Evolving
Navigating a tapestry of challenges, private equity CFOs have undergone a transformative evolution, shifting from being financial overseers to becoming strategic pilots. Their role surpasses the scope of accounting and reporting monthly numbers; they now own and harness data, providing invaluable insights that improve fact-based decision making for the organization at large, according to a
August Leadership Assists Paradigm for Parity with CEO Search
Executive recruitment firm August Leadership has recruited Nadine Bullock-Pottinga as the new CEO of Paradigm for Parity (P4P), a non-profit dedicated to closing the gender gap in business leadership. The search is being done by August Leadership on a pro bono basis. “We are delighted to have Nadine at the helm of our executive management,” said Ellen Kullman, Paradigm
Lochlin Partners Recruits CEO for The COMMIT Foundation
Executive search firm Lochlin Partners has helped to recruit J.C. Glick as the new CEO of The COMMIT Foundation in Bozeman, MT. “We are thrilled to welcome JC as the new CEO of The COMMIT Foundation,” said Guy Filippelli, co-founder and board chair. “He represents everything we could hope for in a leader. He will absolutely
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
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
ZRG Partners Recruits CEO for The Washington Post
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently assisted in the recruitment of veteran media executive Will Lewis as publisher and CEO of the Washington Post. Erik Sorenson led the assignment on behalf of ZRG. “As I’ve gotten to know Will, I’ve been drawn to his love for journalism and passion for
Korn Ferry Assists The Greater Cleveland Partnership in CEO Search
Korn Ferry recently recruited Baiju R. Shah has been named President and CEO of The Greater Cleveland Partnership (GCP). He will succeed Joe Roman, who will retire April 30, 2021. “We are grateful to Joe for his decades of impactful leadership and his many accomplishments. He leaves GCP in a very strong position with great momentum,” said
Indeed Launches New Hiring Platform
Job aggregator Indeed has launched the Indeed Hiring Platform, a new solution that allows employers to manage the hiring process, from posting through interview, directly on Indeed, with no additional software. The new platform was designed to shorten the time it takes to get candidates into jobs. “With Indeed Hiring Platform, employers can reach 80 percent of US job
Boyden Appoints Managing Partner for Technology Practice in London
Boyden has named Mark Soden as managing partner of the firm’s technology practice in London. “We have a very experienced and skillful team in London and Mark is an ideal cultural fit,” said Nick Robeson, managing partner, Boyden UK & Ireland. “He will bring gravitas and insight to our clients in the tech space and to
Riviera Partners Acquires Arete Partners, Creates Riviera Ventures
Acquisitions and consolidations continue to make news in the recruiting industry, with a number of notable purchases in recent months. Riviera Partners, a recruitment provider specializing in C-level engineering, product and design leader placements, has acquired Arete Partners. Financial terms of the deal were not disclosed. The Arete Partners team will form the foundation of
The Christopher Group Recruits VP of Diversity, Equity and Inclusion for The Philadelphia Inquirer
The Christopher Group, a boutique HR executive search and business solutions firm, has recruited Jameel Rush as vice president of diversity, equity, and inclusion for The Philadelphia Inquirer, the third-oldest continually operating daily newspaper in the United States. The search was led and placed by managing director, Pam Noble, and managing partner Ayla Maloney. “It was an
Jobless Claims Remain High with Hopes of a Springtime Recovery Ahead
The Labor Department reported this morning that 712,000 more Americans filed new claims for state unemployment benefits. Economists surveyed by Bloomberg expected 725,000 filings. The reading lands below the previous week’s revised total of 754,000 and marks a third decline in the last four weeks. Before the virus flattened the U.S. economy a year ago,
Kirk Palmer and Associates Assists Vince Holding Corp. with CEO Search
Retailers are facing major shifts in their businesses that call for “unprecedented responses” by CEOs who can effectively lead through change, intuitively and analytically understand the evolving consumer and respond to ambiguity, according to a recent Korn Ferry report. Developed markets, excess retail capacity, rising prices, the shift to omni-channel retail and the unpredictable pace of
Heidrick & Struggles Names Leader for Consulting Practice in Asia Pacific and the Middle East Region
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has appointed Markus Wiesner as regional managing partner for Asia Pacific and the Middle East region for Heidrick Consulting. He will take over from Ian Johnston who served as the APAC Heidrick Consulting lead for the past two years and will continue to focus on driving growth and market share for
How to Create a Culture of Retention
As executive recruiters know well, companies everywhere are full of eager employees poised for fresh starts. There is recharged enthusiasm for conquering previously unconquerable projects, and scaling new heights, according to a report by David Hunt of Hyperion Executive Search. “During lockdown and working from home, time with family and friends has allowed for the
Academic Search Taps New President for Saint Elizabeth University
Education-focused executive recruitment firm Academic Search has helped to place Gary B. Crosby as president of Saint Elizabeth University (SEU) in Morristown, NJ. Dr. Crosby becomes the first African-American and first male president in the university’s 121-year history. He is the institution’s eighth president. Dr. Crosby succeeds Helen J. Steubert, who will continue to lead
KEES Seeks Key Leaders for New Partnership of Envision Unlimited and UCP Seguin of Chicago
Executive search and non-profit consulting firm KEES (Kistner Eddy Executive Services) has been enlisted to help fill two key leadership positions for a new organization being created by the strategic partnership of the non-profits Envision Unlimited and United Cerebral Palsy Seguin of Greater Chicago (UCP Seguin). KEES’ president and CEO Heather Eddy is leading the search for
Allen Austin Launches Interim Leadership Practice
Top experts in talent management and C-suite recruitment agree that interim leaders will likely play a significant and growing role in top grading senior-level positions in a post-pandemic era, where costs and efficiency underpin executive hiring. Houston, TX-based search firm Allen Austin recently unveiled a new push into the sector by establishing a dedicated interim leadership
SeekOut Secures $65 Million in Funding
Investors are pouring money into recruiting solutions businesses, especially those with an AI component. SeekOut, the AI-powered talent 360 platform, has received $65 million in series B funding led by Tiger Global Management, with participation from existing investors Madrona Venture Group and Mayfield. This capital raise brings SeekOut’s total funding to $73 million. This funding round
Setting the Pace for Virtual Outplacement
The process of looking for a new job after having been laid off has undergone a significant transformation in recent years, which has only been accelerated by the pandemic. Virtual outplacement firm Careerminds, a longtime leader in its field, has met these changing norms by focusing on two key aspects for individuals participating in its
DHR International Forms Alliance with Harvard Business School Latino Alumni Association
Chicago-based executive search firm DHR International has partnered with the Harvard Business School Latino Alumni Association (HBSLAA) to create “21 in ’21” – a program aimed at placing 21 Latinx executives in board roles before the end of this year. DHR will engage its Latino Diversity Network of board-ready executives and its clients to bring more Latinx executives to
SPMB Assists NewView Capital in Recruitment of New COO
SPMB, an executive search firm that helps find transformative executives throughout Silicon Valley, has assisted in the placement of James Beck as the new chief operating officer of venture capital firm NewView Capital in Burlingame, CA. “NewView Capital is elated to announce Mr. Beck as our new COO,” said Ravi Viswanathan, founder and managing partner of
Corsica Partners Acquires Benz International Group
Acquisitions and consolidations continue to make news in the recruiting industry, with a number of notable purchases in recent months. Recently, Sarasota, FL-based executive search firm Corsica Partners acquired Benz International Group. Financial terms of the deal were not disclosed. Founding partner Chris Benz was named managing director and search-for-search professionals practice lead. “We are delighted to
Diversified Search Group Names Global Insurance Practice Leader
Diversified Search Group has expanded with the recent addition of veteran search executive Margaret Resce Milkint as a managing director and leader of its global insurance practice. She will be based in Chicago. “Margaret brings not only a wealth of experience, but also so much more,” said Dale E. Jones, the firm’s CEO. “Her strategic thinking,
Private Equity Firms Invest in Raising Their Talent Game
Getting talent decisions right – especially at speed, across dozens of portfolio companies – is one of the stiffest challenges private equity firms face today. According to a new report by Bain & Company there are many reasons why talent decisions can go awry but those with the highest success rates have something in common:
Executive Transitions and Onboarding During a Crisis
Even in the best of circumstances, leadership transitions are tough. Failure rates are estimated at 40 percent, and it often takes six months or longer for a new leader to get to break-even productivity levels. Today, as leaders are operating in the most challenging circumstances most have ever faced, a new report from Russell Reynolds
Benchmark Executive Search Recruits Chief Product Officer for Janes
Benchmark Executive Search, a boutique provider of cybersecurity talent, has placed Ben Conklin as chief product officer at Janes, a U.K.-based global agency for open-source defense intelligence. The position reports to CEO Blake Bartlett. “Ben Conklin brings a distinguished background, proven leadership and deep product and mission expertise to Janes,” said Jeremy King, president of
CalSTRS Taps Egon Zehnder to Find CEO
Egon Zehnder, the fourth largest search firm globally as ranked by Hunt Scanlon Media, has been enlisted by the California State Teachers’ Retirement System (CalSTRS) to lead its search for a new CEO to replace Jack Ehnes, who is retiring in June. The selection was made following a competitive search process for an executive recruitment firm launched in August.
Kingsley Gate Partners Adds Three New Leaders
Kingsley Gate Partners continues to expand with the recent addition of three key leaders: Thomas Cope joined the firm as a partner based in Singapore. Ed Montoya comes to the organization as a partner in San Francisco. And David Mansbach is a new senior partner in New York. Mr. Cope brings extensive experience specializing in
Russell Reynolds Associates Assists Boston Symphony Orchestra to Find its First Female Leader
Russell Reynolds Associates has assisted in the placement of orchestral music executive Gail Samuel as the first woman president and CEO of the Boston Symphony Orchestra (BSO). She becomes the eighth leader in the organization’s storied 140-year history, succeeding Mark Volpe, who led the Boston Symphony for 23 years. Katherine Armstrong, leader of Russell Reynolds Associate’s arts &
Unemployment Falls to 6.2 Percent as Businesses Continue to Reopen
Employment rose by 379,000 in February as the U.S. unemployment rate dropped to 6.2 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. That’s down from a peak of 14.7 percent in April, but still far above the 3.5 percent rate in February before the coronavirus pandemic led to mass economic
Odgers Berndtson Names President in Canada
Odgers Berndtson has appointed Brad Beveridge as president of its Canadian business, responsible for leading the firm’s continued expansion and the growth of its executive search, executive interim and leadership advisory services. “Brad’s extensive experience as a search professional and business leader will be key to helping us continue to anticipate and support our client’s emerging
Quick Leonard Kieffer Recruits Chief Nursing Officer for Providence
As the healthcare sector continues to expand and reshape itself, vanguard organizations in the field are looking to bolster their leadership ranks. In demand: multi-skilled executives, physician leaders and nurses who can effect change on many levels. Of the four major C-suite roles in the typical hospital, the top nursing executive has traditionally been the most
Leathwaite Adds Director to Lead Strategic Communications Practice
London-based executive search firm Leathwaite has expanded with the addition of Sarah Crawshaw as a director to lead the company’s executive search practice for strategic communications, government affairs and investor relations. She will also support clients with chief marketing officer and digital marketing leadership appointments across the Asia region. “We are thrilled to welcome Sarah to
HR Leaders Thrust into the Spotlight Once Again in 2021
2020 brought numerous changes during a landmark year. It began normally in the first quarter, followed by the global pandemic in the second. This immediately ushered in uncertainty, and coupled with social unrest, created one of the most tumultuous times in modern history. In the third quarter, the curve became flatter and the economy reopened,
Americans Continue to File for Unemployment Despite Loosening Restrictions
The Labor Department reported this morning that 748,000 more Americans filed new claims for state unemployment benefits. Before the virus flattened the U.S. economy a year ago, applications for unemployment aid had never topped 700,000 in any week, even during the Great Recession. The Fed have now reported about 78 million initial jobless claims over
ZRG Names Chief Revenue Officer
ZRG has named Justin Pinchback as chief revenue officer and head of practices. He will report directly to the CEO Larry Hartmann. “We laid out a spec: The dream player came with a great education, a consulting pedigree, and deep exposure to data-driven solutions in the human capital market,” said Mr. Hartmann. “We wanted someone who
