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Performance

Korn Ferry Stock Surges to Record High on Close of Fiscal Year Report

Korn Ferry (NYSE:KFY) has posted 2018 fiscal year-end revenues of $1.767 billion, an increase of 12.9 percent from $1.57 billion in 2017. The organic growth was driven by all three lines of business with Futurestep growing 22.1 percent, executive search expanding 14.8 percent, and Hay Group increasing 8.4 percent. It’s been an amazing run for Korn Ferry

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Polachi Finds Chief People Officer for Bottom Line Technologies

Talent acquisition strategies at many large companies have become as complex as their balance sheets. At most companies the chief human resource officer plays a vital role in overseeing an organization’s broad-based workforce. The chief people officer, on the other hand, typically goes beyond overseeing an organization’s people policies. The focus instead is on building talent

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Disrupting Recruiting: How Technology is Transforming the Talent Sector

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.

People

Vaco Enters Three New U.S. Markets

Brentwood, TN-headquartered recruiting firm Vaco has recently expanded into Denver, Pittsburgh, and Winston-Salem/Greensboro, NC. As executive partners, Vaco’s Renee Fisher and Kevin Witt help chart the strategic course in the firm’s many local markets. “Vaco is thrilled to extend our national footprint and bring our consultative approach to talent and solutions to Denver, Pittsburgh and Winston-Salem/Greensboro,” said Ms. Fisher. “Vaco was built to be a

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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?

Alliance

IRC Global Adds New Member Firm in Denmark

IRC Global Executive Search Partners (IRC) has added People & Performance A/S in Denmark as its newest member firm. “Denmark is an important market with many international knowledge-intensive companies with cross-border recruitment needs, and with IRC Denmark our worldwide executive search firm alliance has secured a strong foothold to support our international clients,” said IRC. People

Egon Zehnder Partners with Leadership Development Firm Mobius

Now more than ever, the world needs great leaders. But for leaders to best transform their organizations, they must first embrace their own transformation and continually work on self-improvement. In response, global search firm Egon Zehnder has formed a partnership with leadership development firm Mobius Executive Leadership. The alliance combines the firms’ proprietary methods for

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Russell Reynolds Associates Finds New CEO for State Employees Credit Union

These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers

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Michelle Whiting & Associates Tapped to Find CEO for Pacific Chorale

Michelle Whiting & Associates, which specializes in recruitment for non-profit organizations, has been selected to find the next chief executive officer for Costa Mesa, CA-based Pacific Chorale, a professional choir. “The successful CEO will have an unprecedented opportunity to have a significant impact on the financial stability of a flourishing and increasingly high profile arts

People

Gray Scalable Names Head of Executive Search

New York-headquartered executive search firm Gray Scalable has named Eric Tenety as head of executive search. For over 17 years, Mr. Tenety has served venture capital and private equity portfolio companies as well as publicly-listed businesses undergoing transformation through the acquisition of innovative talent. He has worked with a number of founders, operators and investors

People

Gerard Daniels Names Alison Gaines as CEO

Executive recruitment firms have made a number of top leadership appointments since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: Perth, Australia-based executive search firm Gerard Daniels has appointed Alison Gaines as the company’s global CEO. Following a 12-year tenure as the head of its board consulting

People

Leathwaite Appoints Head of Americas to Focus on Growth and Branding

Veteran executive search consultant Paul Groce has joined Leathwaite as head of the firm’s Americas region in an effort to increase its reach and further expand its brand outside the U.K. “The continued expansion of our U.S. business is central to Leathwaite’s future international growth strategy, and we are absolutely delighted to have hired Paul Groce to

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SearchWide Global Seeks New Leader for Greater Boston Convention & Visitors Bureau

After suffering a massive hit during the Great Recession, employment and hiring within the travel, hotel and hospitality industry continues to rebound. Last year, according to one set of survey metrics, the industry added more than 527,000 jobs (2.6 million since 2004). That number is likely to increase this year as global tourism and traveling in

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Korn Ferry Finds CEO for American College of Cardiology

Following a six-month nationwide search, Korn Ferry placed Timothy W. Attebery as the new CEO of the American College of Cardiology (ACC). Shalom Jacobovitz, who led the organization for five years, left the college in January to head a new biopharmaceutical company. Thomas Giella, chairman of Korn Ferry’s healthcare services practice, and Lorraine Lavet, sector leader for associations,

People

Sports Group International Appoints New Leadership

Sports Group International, an executive search firm serving the sports industry, has named Julie Yochim as its new president following the retirement of Joe White. Ms. Yochim joined the firm five years ago as an executive search consultant. She focuses on providing leadership and a technical expertise that will serve SGI’s clients in an ever-changing

People

SpenglerFox Names New Regional Practice Group Leader, Other Appointments

London-headquartered executive search firm SpenglerFox has named a new regional practice group leader for Middle East Africa, family businesses and technology. Based in Dubai, Eva Wuellner will support the firm’s clients in both executive search assignments and human capital services projects, such as leadership development, assessment centers and HR organization, among others. In her work for multinational

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Diversified Search Places CEO at Federal Reserve Bank of San Francisco

Executive search firm Diversified Search has placed Mary C. Daly as the 13th president and CEO of the Federal Reserve Bank of San Francisco. Dale E. Jones, the recruitment firm’s president and CEO, led the assignment along with board practice head Veronica Biggins. Effective Oct. 1, Ms. Daly will replace outgoing CEO John C. Williams who recently left the

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ArtCenter College of Design Taps Witt/Kieffer for Chief Diversity Officer

Chief diversity officers are now considered part of every competitive organization’s senior management team, and institutions of all types are lining up to bring these highly sought-after leaders on board. Search firms are well equipped for their role with extensive networks throughout the space. Witt/Kieffer was recently retained by the ArtCenter College of Design in Pasadena,

People

McDermott & Bull Opens Office in Vancouver

Irvine, CA-based search firm McDermott & Bull has expanded in Canada with the addition of a new office in Vancouver. Paul Gibbons, a 20-year search and talent acquisition executive, joins the firm as managing partner and will lead the firm’s expansion throughout Canada. “The No. 1 complaint I hear from businesses who deal with search firms is the time

People

Boyden Names Global Industrial Practice Leader

Global executive search firm Boyden has named Francesca d’Arcangeli, a managing partner of Boyden United Kingdom, as its new global industrial practice leader. She succeeds Robert Travis, a managing partner in the U.S. and Canada who was re-elected to Boyden’s global board in May. “Francesca is the right leader at the right time for Boyden’s Global Industrial Practice,” said Trina Gordon, president and CEO

People

La Fosse Associates Continues Expansion with Opening of New York Office

U.K.-headquartered executive search firm La Fosse Associates continues its expansion in the U.S. with the opening of a new office in New York. The opening builds upon the success of the firm’s first U.S. practice, in Los Angeles, which opened in 2016. With an already established executive network and strong track record in the New York

Trends

Meeting the Challenges of Employee Churn

Like it or not, workforce transformations are often a way of life in business. For company leaders, it is critical to look beyond the moment and keep the long view in mind. When layoffs are a necessity, leaders must pay heed to the employees who remain as well as doing right by those who have

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Academic Search Adds Three Former HBCU Presidents to Roster

Education-focused executive recruiter Academic Search has expanded its ability to attract top leadership talent to historically black colleges and universities (HBCUs) with the addition of the founders of TM2 Education Search to the firm. TM2 was established in 2016 to identify and place candidates in top administrative posts at HBCUs. John Garland, Dorothy Yancy and Sidney Ribeau,

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Buffkin / Baker Seeking Chief Medical Officer for CalvertHealth

CalvertHealth, a Prince Frederick, MD-based healthcare system, has enlisted executive search firm Buffkin / Baker to find its next chief medical officer. Brenda Doherty, partner and head of the healthcare provider practice, is leading the assignment. The ideal candidate will be a progressive physician leader that can drive clinical excellence, best practices and quality initiatives in order

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Quick Leonard Kieffer Seeks Next Leader for Institute for Diversity and Health Equity

Executive recruitment firm Quick Leonard Kieffer has been selected to find the next president and chief executive officer for the Institute for Diversity and Health Equity. The individual will also serve as vice president for diversity, inclusion and health equity for the institute’s parent organization, the American Hospital Association (AHA). The assignment will be conducted

People

Friisberg & Partners International Adds New Member Firm in South America

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 organizations, meanwhile, are taking advantage of a resurgence in certain geographic areas. Friisberg & Partners International recently added Argento Consultores in Chile as its newest member

Report

Recruiters Now Balancing Technology and Human Touch

While they won’t sport bionic arms and legs, recruiters will be empowered like never before by technology that makes them smarter, more efficient and connected. The recruiter of the near future will be able to find the right talent with the push of a button and possess the people skills to engage and convert top

Search Assignment

The Verriez Group Places CFO at Farm Mutual Re

CFOs continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies. Ontario-headquartered executive search firm the Verriez Group recently recruited Amy Butler as senior vice-president and chief financial officer for Farm

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Reffett Associates Seeks New President for the Naval Postgraduate School

Executive search firm Reffett Associates has been selected by the Naval Postgraduate School (NPS) to assist in selecting its next president. The search is being led by Marshall Reffett, managing director of the firm’s Seattle office, with assistance from Thomas Young, director of operations. “We are pleased to have been selected by the board of

People

RETS Associates Opens New Office in Denver

RETS Associates has opened a new office in downtown Denver. Having dedicated office space in Colorado’s capital city will enable the firm to best serve new and existing clients’ growing demand for real estate talent in the region, said the firm. Joining the new office is Jessica MacNaughton, who recently started at the firm as

Odgers Berndtson Retained by Government of Canada

Executive search firm Odgers Berndtson has been selected by the Government of Canada to lead its search for a new president and chief executive officer of the Atomic Energy of Canada Limited (AECL). Eric Slankis, a principal in Odgers Berndtson’s Ottawa office, is heading the assignment. With more than 15 years of executive search experience, Mr. Slankis has led hundreds

Gibson Consultants Adds Former DHR Recruiter

Former DHR recruiter Jeffrey L. Golove has joined executive search firm Gibson Consultants LLC as senior vice president of its managed care/payor and healthcare technology search practices. With over 20 years of healthcare experience in executive search and corporate human resource & talent acquisition, Mr. Golove was previously executive vice president at DHR. He was based out of the

DHR International Increases Holdings In Rival Caldwell Partners

DHR International has increased its holdings in Canadian search firm Caldwell Partners International to 1,141,000 common shares, representing approximately 5.36 percent of the common shares outstanding. DHR says that its increased stock purchase makes it now the third largest shareholder of Caldwell. According to DHR, its chairman, David Hoffmann, and G. Edmund King, Caldwell’s chairman, spoke

Caldwell Rejects DHR Takeover Advances; Hostile Fight Looming

Canadian recruiter Caldwell Partners International has said in a statement that after consulting with its financial and legal advisors, the publicly-owned search firm had no interest in continuing discussions with DHR about a potential combination. In a letter to DHR chairman, David Hoffmann, Caldwell’s chairman, G. Edmund King, wrote that in response to a letter

Caldwell Partners Expands Recruiting Services To Latin America

Caldwell Partners announced a significant expansion of its business into Latin America yesterday by forming a strategic alliance with CPGROUP LATAM Ltd., a company founded by the partners that established and led the Latin American operations of CTPartners. Through the alliance, Caldwell extends its global reach significantly beyond Canada, adding 16 partners in seven offices across

Egon Zehnder Leading CFO Search for Diageo

Egon Zehnder has been retained by Diageo to lead its search for a new chief financial officer. Current CFO, Deirdre Mahlan, has been assigned to take over Diageo’s North American business, once a successor is found. According to sources, Diageo is looking for external candidates to fill the role, a move not typical for the company, which

Heidrick & Struggles Adds Partner In Boston

Chicago-headquartered Heidrick & Struggles has added Francois Kouroriez as a partner in its Boston office and a member of its financial services practice and CEO & board of directors practice. Mr. Kouroriez will lead Heidrick’s insurance sector in the Americas. He has experienced across all segments of the insurance industry, from life, P&C, and health insurance, to

Berkhemer Clayton Places Board Member At SCAN Health Plan

Executive search firm Berkhemer Clayton, Inc. has placed healthcare veteran Jennie Chin Hansen as a member of the board of directors at SCAN Health Plan. Betsy Berkhemer-Credaire, president of Berkhemer Clayton, led the search. Ms. Hansen is the senior strategic advisor and immediate past CEO of the American Geriatrics Society and previously served as president of the

Adam Kohn Joins Kingsley Gate Partners

Few search consultants who have left CTPartners this year can date their tenure with the beleaguered recruiting firm as far back as Adam P. Kohn. Along with his half-brother, Jeff Christian, the two formed one of the most compelling technology-based boutique search firms that became a national powerhouse recruiting operation in the 1990s. As the

Russell Reynolds Associates Heading Chairman Search For Unilever

Consumer goods giant Unilever PLC has retained Russell Reynolds Associates to identify a new chairman to replace Michael Treschow, who has been in the role since May 2007. The company hopes to name his successor by the end of the year. It is one of the biggest search assignments in British business this year. One of the oldest

Human Capital Group Joins Cornerstone International

Brentwood, TN-based The Human Capital Group, Inc. has joined Cornerstone International Group, a global network of executive search and leadership development specialists with 67 offices in 35 countries. The firm was welcomed at the Group’s annual global meeting held recently in Shanghai. Human Capital Group is led by its senior partner and founder Steve Hayes, who has more

Fox Rodney Appoints Head of New York Office

Fox Rodney Search (FRS) has added Raj Selvadurai as a director to lead the firm’s New York office. He will specialize in international legal executive search and consulting. Mr. Selvadurai is a 15-year veteran of the New York legal market. He started his career at ALM Media as director of diversity publishing, responsible for titles including The Minority Law Journal

ChampionScott Partners Recruits CFO For Payspan

ChampionScott Partners has recruited Steven Russell as chief financial officer at Payspan a provider of secure electronic payment solutions to healthcare payers, providers, members and banks. Managing director Dennis Hogue and principal Stephanie McGuire led the search. Mr. Russell has over 25 years of experience as a CFO, and has been successful with reengineering, liquidity events and turnarounds throughout his career. He was

DHR Increases Ownership In Rival Recruiter Caldwell Partners

DHR International has increased its holdings in Canadian search firm Caldwell Partners International to 1,141,000 common shares, representing approximately 5.36 percent of the common shares outstanding. DHR says that its increased stock purchase makes it now the third largest shareholder of Caldwell. According to DHR, its chairman, David Hoffmann, and G. Edmund King, Caldwell’s chairman, spoke

Amrop Names Global Chief Executive

Amrop has appointed José Ignacio Leyún as global chief executive officer and member of the executive board of the Amrop Partnership SCRL. A partner of Amrop Seeliger y Conde in Spain and head of Amrop’s global leadership assessment practice, Mr. Leyún has a long track record as a trusted advisor to the boards of a range of

Chartwell Partners Adds Partner In Chicago Office

Executive search firm Chartwell Partners has added Mike Magurany as a partner in its Chicago office. He will serve a national base of consumer and retail clients. Mr. Magurany focuses on C-level and other senior-level assignments in the consumer, retail, and industrial industries. He conducts searches in all functional areas, including merchandising, merchandise planning and allocation, marketing, e-commerce, finance,

Storbeck/Pimentel Selected by AAC&U to Recruit Next President

Storbeck/Pimentel & Associates has been selected by the Association of American Colleges and Universities (AAC&U) to lead its search for a new president. Shelly Weiss Storbeck, managing partner, is leading the search along with Julia Patton, senior associate. In April, Carol Geary Schneider announced her intention to retire from the presidency of AAC&U. She has led the university

Work&Partners to Recruit Digital Practice Leader at LiquidHub

New York-based Work&Partners LLC has been selected by LiquidHub, Inc. to lead its search for a new healthcare digital practice leader. Alan J. Work will head the search. LiquidHub is a digital integrator that partners with businesses to improve customer engagement and drive growth. Through planning, execution, and management of technology across the full technology lifecycle, LiquidHub

Employers and Job Seekers Forecast Upbeat Confidence

We’re at the midway point in 2015 and both employers and job seekers are feeling confident about the labor market. Nearly half of employers (49 percent) say they are planning to hire full-time, permanent staff over the next six months, while one third (34 percent) plan to hire temporary or contract workers, according to CareerBuilder’s

Caldwell Partners Posts 20 Percent Q3 Revenue Increase

Caldwell Partners has posted third quarter revenues of $11.9 million, an increase of 20 percent from revenues during the same period a year ago. U.S. revenues increased 15 percent in the quarter to $8.4 million. Canadian revenues were up 29 percent to $3.4 million Revenues from European operations were just under $160,000. Third quarter net earnings were 36 cents per share in fiscal 2015,

Les Stern and Charles King Join Diversified Search

Former CTPartners veteran recruiters Les Stern and Charles King have joined Diversified Search as managing directors. Mr. Stern will help Diversified expand its business by focusing on the recruitment of additional senior recruiting personnel while Mr. King brings diversity specialization to the firm’s growing board of directors search practice. Mr. Stern has over 40 years of experience in

Korn Ferry Recruits CEO for Newseum

Korn Ferry has recruited Jeffrey Herbst as president and chief executive officer of the Newseum and the Newseum Institute. Kristin Mannion, vice chairman of Korn Ferry’s CEO and board practice, and Charles Ingersoll, senior client partner and co-leader of the firm’s non-profit search practice, led the assignment. Mr. Herbst is the outgoing president of Colgate University and a noted political scientist and award-winning author. During

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Search Solution Group Places CFO at the Mint Museum

Executive recruiting firm Search Solution Group has placed Gary Blankemeyer as the first-ever chief financial officer of the Mint Museum. Jessyca Shuttleworth, recruiting leader, finance and accounting, headed the search on behalf of the firm. Mr. Blankemeyer has more than 20 years of accounting and finance experience, five of which are in the non-profit space. He was

Heidrick & Struggles Increases Bank Credit Lines

Executive search firm Heidrick & Struggles has increased its bank credit facilities in order to give the company additional financial options as it explores ways to further invest in its human capital lines of business. The agreement provides for a senior unsecured revolving credit facility in an aggregate amount of $100 million, with an optional increase

DHR Acquires 1 Million Shares of Canadian Recruiting Rival

DHR International has confirmed that it purchased an aggregate of 1,032,00 shares of Canadian rival Caldwell Partners International last week on the open market of the Toronto Stock Exchange. The share purchase represents approximately five percent of Caldwell’s issued and outstanding common shares. DHR said in a call this evening that it believes it is now Caldwell

Professional Hiring In U.K. Up 13 Percent As Market Confidence Soars

Professional recruitment firms now have 13 percent more vacancies on their books than this time last year according to a survey from the Association of Professional Staffing Companies (APSCo). This increase is in line with reports from the National Institute for Economic and Social Research (NIESR), which shows that U.K. economic growth picked up in the three months leading

DHR International Recruits Syracuse University Athletic Director

DHR International has placed Mark Coyle as athletic director for Syracuse University. The search was completed by the global leader of DHR’s sports practice, Glenn Sugiyama, and executive vice president, Pat Richter. “This was an efficient and a very thorough search,” said Kent Syverrud, University chancellor. “It was a committee that listened carefully to the community as part of

Heidrick & Struggles Adds Partner in Johannesburg

Heidrick & Struggles has added Debbie Farnaby as a partner in its Johannesburg office and a member of the firm’s global technology & services practice. Ms. Farnaby’s expertise spans CIO and technology functions with extensive experience at the EXCO level, technology and strategy consulting. She has over 25 years of hands-on experience in the ICT, manufacturing and

KeyStone Search Recruits VP Global Marketing for Wilson Tool Intl.

Minneapolis-based executive search firm KeyStone Search has recruited Paul Landgraf as vice president of global marketing for White Bear Lake, Minnesota-based Wilson Tool International. He will be responsible for customer and competitive insights, strategic marketing, new product, program and service development, lead generation and Wilson Tool brand management. “Paul’s experience driving strategic global marketing and his authentic leadership style

B.E. Smith Launches Post-Acute Services Division

Executive recruiting firm B.E. Smith has expanded its services with the launch of a post-acute services division. The firm is placing increased focus on meeting the leadership needs of inpatient and outpatient rehabilitation facilities, long-term acute care hospitals (LTAC/LTCH), skilled nursing centers, as well as home health and hospice agencies. B. E. Smith has appointed Alyson Cutshall as vice president of

Recruiting Millennials: Where to Begin

As employers strive to reach, engage and hire Millennial talent, a new report out today by Findly outlines strategies for connecting with this demographic group that is, by most measures, highly educated, self-confident, absorbed by technology and ambitious. Findly, the on-demand talent provider and a Symphony Technology Group (STG) company, shared details from its latest white

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