DAILY NEWSWIRE - TOP STORIES
Few mistakes are as costly to a company, financially and otherwise, as a bad hire, especially when it comes to senior leadership. Frequent firing and replacement hurts morale for starters. And keeping any bad hire can cause even more long term damage. Fortunately, says a new study by The Whitham Group, there are ways to avoid hiring miscues.
In these unprecedented times, people are stressed, confused, worried, perplexed and in various stages of emotional overload while the daily influx of troubling news continues.
The COVID-19 outbreak is making its way through the business world and costing organizations billions of dollars in lost revenue.
Americans displaced by the coronavirus crisis filed unemployment claims in historic numbers, with the Labor Department reporting Thursday a surge to 3.28 million.
ManpowerGroup / (NYSE:MAN) posted first quarter revenues of $4.6 billion, a decrease of eight percent from the same period a year ago. The company said it is focused on managing costs and is withholding guidance given the uncertainty when governments will ease stay-at-home restrictions. The Milwaukee-based recruiting company recorded net earnings of $1.7 million for the quarter,
While the world continues to face the uncertainties surrounding the COVID-19 pandemic, corporate, academic and government leaders are examining the long-range questions of “What’s next?” and “How do we respond?” If your organization has yet to have a pandemic response and recovery plan in place, it may be time to take what is in place
Download this guide to learn how to streamline and optimize your operations and ultimately deliver higher-quality candidates to your clients.
Haddonfield, NJ-based executive recruitment firm True Search has launched an edtech practice to support the rapidly evolving world of technology-supported education. Having worked with numerous global companies, True has developed deep experience in the space and a talent network of executives who understand what’s needed to keep edtech moving forward. From VC-backed start-ups to established organizations, True has
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?
Jobplex, the Chicago-based partner company of DHR International, has expanded with the additions of Frank Morogiello as a managing partner in the firm’s industrial and consumer practice groups; Renato Amador as a partner in its advanced technology, HR and non-profit practice groups; and Jacob Humbert as partner in the business and professional services practice group. Mr. Morogiello, who is based in Joblex’s Dallas office, has a primary focus on the aviation and
Diversity hiring and recruiting is accelerating in importance and is an expanding focus for many organizations. Diverse organizations have many benefits in terms of perspectives, talent and culture, according to Steven Landberg, managing director of Claymore Partners, in a new report. But what does diversity mean for an organization and recruiting? “In my experience, it varies
Doug Johnson of Roanoke, VA-based executive search firm Valor Partners has placed former Datastax executive Jenna Connell as head of talent acquisition for analytics company Starburst Data in Boston. Mr. Johnson said that his client wasn’t necessarily looking for someone with Ms. Connell’s qualifications to fill the role. “They were looking for someone at a
Hyatt-Fennell Executive Search has been chosen by Emory & Henry College in Emory, VA to find a founding dean for its new school of nursing. Reporting to the vice president for health sciences, the dean of nursing will be charged with creating and fostering a collegial and collaborative environment that promotes innovation and excellence in
In the world of mobility, organizations that develop and produce automotive vehicles, components and related technologies that move people, goods and materials face unprecedented competition from established players and new entrants. Accelerating electrification of vehicles, autonomous vehicle innovation and entirely new value propositions centered on connectivity require that organizations rethink their approach to leadership and
Five independent recruitment firms joined member-owned recruitment network NPAworldwide in recent months. These search outfits seek to increase revenue through NPAworldwide’s cooperative placement model. NPA now has 550 member offices across six continents. “Congratulations to each of our new members,” said Dave Nerz, president of NPAworldwide. “By joining the network, these recruitment firms have the ability to
As health systems recover from the COVID-19 pandemic, they face an ever-worsening provider shortage. Last year, the Association of American Medical Colleges predicted the U.S. would see a shortfall of up to 122,000 physicians by 2032. Now, lost revenue due to the pandemic has caused many hospitals to furlough employees and slowed, or completely delayed, recruitment efforts,
The hunt for university leadership continues to remain strong, especially with searches for provosts. Sarah John, co-managing partner of Perrett Laver, recently placed David Isaac as the new provost for Worcester College University of Oxford. Mr. Isaac’s experience and expertise proved to be the perfect fit as the college steps up its commitment to equality,
Phillips Dipisa Seeking Medical Officers for St. Mary Medical Center and Milford Regional Medical Center
Phillips, DiPisa & Associates, an executive search firm serving the healthcare and life sciences sectors, has been enlisted to find chief medical officers for both St. Mary Medical Center in Langhorne, PA and Milford Regional Medical Center in Milford, MA. Consultants Stephanie Odorisio Arriviello and Erika Warren are leading the assignments, respectively. St. Mary Medical
Mahwah, NJ-based Right Executive Search (RES) is now offering a new, low-cost resource for women returning to work after years of family leave. On Her Way Back is a new e-book to help “returners” navigate today’s job-search process, co-authored by Elisa Sheftic, president and managing partner of RES, and Melanie Donus, vice president of diversity
Solon, OH-based Direct Recruiters Inc. (DRI) has named Kasey Fahey Kaiser and Josh Olgin as partners. “Both have been dedicated, top-performing members of our team, and have exemplified our core values throughout their years at DRI,” the firm said. Ms. Fahey Kaiser began at DRI over seven years ago and has played an integral role in the success of the
Thomas Christopher, Pam Noble and Matthew Duda of The Christopher Group have been enlisted by HarperCollins Publishers to find a VP of diversity, equity and inclusion. “The Christopher Group is honored to be partnering with one of the top publishing companies as they look to build and embrace all aspects of their growing business,” said Ms.
EFL Associates Seeks Executive Director for City of Manchester (NH) Employees’ Contributory Retirement System
Executive search firm EFL Associates has been selected to find the next executive director for the City of Manchester (NH) Employees’ Contributory Retirement System (MECRS). Leading the assignment is Daniel J. Cummings, senior vice president and managing director. The executive director, who serves as chief executive officer, is responsible for directing the comprehensive administration of all
Greenbrae, CA-based Cook Silverman Search has been selected by SAVE (Safe Alternatives to Violent Environments) to lead its search for a new executive director. Victoria L. Silverman, co-founder of Cook Silverman, is heading the assignment. The executive director works to achieve SAVE’s mission and ensure the organization’s continuing presence as a leader in the domestic violence movement,
Korn Ferry has joined the SAP PartnerEdge program. As organizations seek to compete, thrive and even just survive in today’s disruptive environment, Korn Ferry will collaborate with SAP to improve how organizations develop, engage, motivate and inspire their workforces. It is another recent move by the world’s largest search firm to move further beyond its
Robert Half International Inc./(NYSE:RHI) posted second quarter revenues of $1.11 billion, down 27 percent from the same period a year ago, missing the consensus mark by 1.6 percent. The Menlo Park, CA-based recruiting company recorded net income of $46 million, or $.41 per share, compared to the prior year’s second quarter earnings of $224 million, or $1.91 per share.
As COVID-19 cases continue to climb across the U.S., the Labor Department reported this morning that 1.43 million more Americans filed new claims for state unemployment benefits last week, the 19th week in a row that the figure has risen to well over one million. Economists polled by Dow Jones expected initial claims to rise by
The role of chief diversity officer is expanding at universities across the country. It has, in fact, become one of the most important positions for shaping the vision, culture and very face of institutions of higher learning from coast to coast. Pandemic or not, higher educational institutions need talent and these roles are now seen
As the COVID-19 pandemic continues to strain the financial services industry, one executive search firm that focuses on the sector sees an opportunity. Hong Kong-headquartered Global Sage has launched a major expansion of its North American executive search practice with the hiring of a new partner in Boston and the opening of an office in Los
Non-profit recruitment firm m/Oppenheim Executive Search has been selected to find the next president and CEO of the United Way of Anchorage. Founder Mark Oppenheim and principal Patrick Salazar are leading the assignment for the San Francisco-based search firm. The non-profit’s board “seeks a CEO to drive shared and measurable goals that strengthen civil society, and
Top experts in talent management and leadership recruitment agree that filling an interim leadership position can be a significant opportunity for an organization. Executive search and interim management firm Eton Bridge Partners recently expanded with the addition of Stuart Jansze as a partner in its business transformation practice. “We are delighted that Stuart is joining the team,” said Steve
On the wisdom that it’s better to rip the Band-Aid off fast, let’s get the bad news out of the way quickly: The global consulting industry is in a tailspin. According to a report by Tatum’s Richard Wilcox, the mega-billion dollar sector is forecast to experience a 19 percent drop in fees in 2020, which
CarterBaldwin Executive Search recently placed former Energy Northwest executive Brent Ridge as the new president and CEO of Dairyland Power Cooperative. He succeeds Barbara Nick who recently retired and has led Dairyland for the past five and a half years. Chris Guiney, partner and energy and infrastructure practice leader for CarterBaldwin, led the assignment along with consultant
New York-based retail and consumer focused executive search firm Herbert Mines Associates has placed Steve Swank as the new chief financial officer of Tandy Leather Factory. President Brenda Malloy and managing director Adelle Kirk led the assignment. Michael Galvan, the company’s interim CFO, will remain with Tandy through the completion of the restatement and in a consulting
The ExeQfind Group and The QualiFind Group Merge Brazil-Based DRH–Talent Search Into Search Platform
The ExeQfind Group, based in Atlanta and The QualiFind Group, based in San Diego, have recently merged DRH–Talent Search, a retained executive search firm located in Sao Paulo, Brazil, into its search and recruitment platform serving the Americas. Hamilton Teixeira, an accomplished retained executive search and marketing-oriented executive leader, owned and led the Brazilian firm
The role of chief diversity officer is expanding at universities. It has become one of the most important positions for shaping the vision, culture and very face of institutions of higher learning from coast to coast. It is also increasingly becoming a cabinet-level job, with a broad range of responsibilities beyond that of most administrators.
UCHAPS, the Urban Coalition for HIV/AIDS Prevention Services, has picked Kevin Chase Executive Search Group to lead its national search for an executive director. Managing partner Kevin Chase is leading the assignment along with senior associate Catie DiFelice. Reporting to the board of directors, the chosen executive director will oversee the day-to-day operations and management of UCHAPS and
Executive recruiting firm SearchWide has placed Alan Kidd as president and chief executive officer of the National Association of Sports Commissions (NASC). He succeeds Don Schumacher, who is relinquishing his title after 25 years as the only executive director the NASC has had. Mike Gamble, president and chief executive officer of SearchWide, led the assignment. The NASC CEO leads all operations
Executive search firm Herbert Mines Associates has expanded with the addition of recruiting veteran Russell Boyle as managing director. He joined the search firm late last year. Mr. Boyle has over 27 years of experience leading senior management and board of director searches as well as recruiting C-suite leaders and, in particular, chief financial officers. He is an
U.K.-headquartered executive search firm La Fosse Associates has formed an alliance with Intelligent Partners, a provider of research and education on alternative investments. Through the partnership, La Fosse will serve as a ‘talent partner’ to Intelligent Partners. The company turned to the search firm because of its expertise in the technology and digital sectors. Recruiting and retaining
Member-owned recruitment network NPAworldwide has added five new member firms across North America and Asia. NPA now has close to 500 member offices across six continents. Membership in the network allows independent recruiters to serve their clients and candidates by partnering with other member firms on a split-fee basis. “Congratulations to each of our new members,” said Dave Nerz, president
With the high demand for quality talent rising, candidates are in the driver’s seat in today’s job market. This means that companies, and the recruiters representing them, must move quickly when they find the right hire. Fred Medero, a managing partner at executive search firm Kincannon & Reed, offers up some leading strategies to help organizations
Executive search firm Slone Partners has placed Dr. Michael Dugan as chief medical officer of Clinical Genomics. Dr. Dugan is a well known biotechnology leader with extensive clinical experience in both commercial and academic settings. In his new role, Dr. Dugan will lead medical affairs and clinical trials, develop key opinion leader relationships, and build a scientific advisory board.
Executive search firm Howard Fischer Associates (HFA) has placed Guy Churchward as president and chief executive officer of DataTorrent. Phu Hoang, the current CEO and DataTorrent co-founder, will remain with the company, reporting to the new CEO and continuing to serve on the company’s board of directors. Mr. Churchward is joining DataTorrent from Dell EMC where he serves
Investors continue to pour money into new technology that aims to change the talent management game. YouEarnedIt, an SaaS company that is significantly altering how companies drive employee engagement and bottom line performance metrics, just closed $6.5 million in funding. YouEarnedIt’s HR technology platform aims to redefine the way companies engage with their employees. By providing a platform
TRANSEARCH International is continuing its expansion with the addition of a new office in Paris. It will be headed by Anne Chevillotte, who has over 15 years of experience in executive search. She is joined partners Stephane Glowinski and Olivia Gallois and associate partner Nathalie Alexandre. Ms. Chevillotte specializes in manufacturing and business-to-business services. She covers searches in manufacturing (packaging, food, chemical, automotive, engineering, medical device)
The primary reason professionals are seeking new jobs in 2017 is to find a more challenging position. The quest for greater compensation comes in almost dead last as a reason to leave, according to a new global survey by Korn Ferry. In the survey of nearly 2,000 professionals, nearly three quarters (73 percent) said that if
The British Council has selected Russell Reynolds Associates to lead its search for a chief financial officer. Consultants Suzanne Bose-Mallick and Oliver Staple are leading the assignment. The CFO is a key strategic post within the British Council with a broad leadership remit extending across the global organization. As an executive director of the board, the incoming
Egon Zehnder has recruited Vikram Limaye as managing director and chief executive officer of the National Stock Exchange of India (NSE). The placement comes just two months after the sudden exit of Chitra Ramkrishna from the top post. The appointment of NSE’s chief is important as it comes ahead of the Exchange’s initial public offering. The search firm
Next to New York and London, Chicago and its surrounding metropolis – commonly referred to as “Chicagoland” – has thrived for decades as a top recruiting hub. JM Search, a senior level talent provider serving private equity investors, portfolio companies and Fortune 1000s, has now established a presence here. “Chicago has always been a core market
Executive search firm David Barrett Partners has appointed Vanessa Bailey as a senior advisor. The appointment formalizes a collaboration that dates back over 15 years and provides the search firm with an expanded private equity practice to augment its search capabilities for family offices, traditional asset managers and endowments & foundations. Ms. Bailey has over 25 years of
Employers added 227,000 jobs last month as the U.S. unemployment rate stood at 4.8 percent, according to the most recent U.S. Bureau of Labor Statistics report. During the month, the number of workers unemployed also increased to 7.6 million. January marked the 76th straight month of job growth in the U.S. The first employment report since Donald Trump began his presidency showed
Executive search firms The Buffkin Group and Baker and Associates, LLC have merged to form Buffkin / Baker in an effort to further position both firms for future growth and expansion. Terms of the agreement were not disclosed. The newly combined entity will be headquartered in Nashville. The Buffkin Group concentrates on finding leaders for organizations in the healthcare, technology,
Executive search firm Passage and Associates LLC, has been retained by Kittitas Valley Healthcare to lead its search for a president and chief executive officer. The hunt for a new CEO follows the termination of past chief Paul Nurick last June. Managing director Jennifer Robinson is leading the search along with founder Jim Passage. In the coming weeks, the
Executive search firm Isaacson, Miller has placed Dr. Timothy Caboni as the 10th president of Western Kentucky University (WKU). He will begin his duties July 1st following the retirement of president Gary A. Ransdell. Isaacson, Miller vice presidents Mike Baer and Dan Rodas led the assignment. “The presidential search committee and the WKU board of regents spent countless hours over the
Executive search firm JR Partners has named Josh Gonnella as president and senior managing partner. He will be based primarily in Connecticut and New York with responsibility for the firm’s global activities. The firm has 20 years of experience specializing in financial services, global hospitality, and the digital media sectors. Mr. Gonnella joins founding partner and chief operating officer
Exceptional times require exceptional leadership teams. Now that the presidential election is over, two top recruiters say the key to ‘making America great again’ is laying out a strategic series of presidential appointments. And that begs this important question: How does the new administration plan to build a massive leadership team of more than 4,000
Executive search firm TillmanCarlson has recruited Scott Cousins as chief information officer of Roadrunner Transportation Systems. Founder Rob Tillman and managing director Kelly Carlson led the assignment. Mr. Cousins is in charge of all information technology solutions and services at Roadrunner. He is responsible for digital transformation, working with senior leadership to deliver the digital capabilities required to better
Competition is heating up in the sports recruiting space. With the global eSports market set to grow north of $500 million in 2017, executive search firm Odgers Berndtson is jumping in by combining expertise from two of its existing practices: sports and gaming. The search team, based out of the firm’s London office, will operate globally and have
The McAulay Smith Firm has placed Alexander Pease as executive vice president and chief financial officer of Snyder’s-Lance, Inc. He replaced Rick Puckett, who left his role in November. President Steven Smith lead the assignment. Mr. Pease joins the company from McKinsey & Co., bringing significant financial expertise and cross industry experience to the Snyder’s-Lance organization.
Madrid-headquartered executive search firm Talengo has named Adriana Marfil and Sofía Said as associate directors in its subsidiaries in Mexico and Colombia. A specialist in the financial and professional service sectors, Ms. Marfil’s incorporation will be key to reinforcing the growth that the firm has experienced in Latin America, where last year its subsidiaries in Mexico and
Peter Liguori has announced he will be stepping down as chief executive officer of Tribune Media Co. as the company refocuses on TV broadcasting and searches for deals in a looser regulatory environment under President Donald Trump. The company has turned to Korn Ferry to find its next leader. The board of directors has chosen one of the
Boutique search firms continue their push into offering accessory services, from talent mapping and coaching to assessment and high performance team building. Now comes outplacement. The Pi Group, a fast growing consumer goods talent advisory group based in Darien, CT, is expanding its services to help candidates transition to new chapters in their lives. By delivering
Executive search firm Preston & Partners has placed Mike Cairnes as executive vice president and chief operating officer of Kirkland’s, Inc. Managing partner Elaine Erickson led the assignment. Mr. Cairnes brings 25 years of experience in home décor retailing and manufacturing to Kirkland’s and will focus on improving execution and consistency across the organization. In his role as COO, he will
ManpowerGroup / (NYSE:MAN) posted full year revenues of $19.7 billion, an increase of two percent from the prior year and an increase of four percent in constant currency. The company posted fourth quarter revenues of $5.0 billion, which was equal to the year earlier period. Financial results in the quarter were significantly impacted by the stronger U.S. dollar relative to
More than half of U.S. adults (53 percent) say that the recent election results will have a positive effect on job creation, this according to the latest results of a new ‘American Staffing Association Workforce Monitor‘ survey conducted online by Harris Poll. More than half (55 percent) of adults polled say job creation was more important in this
There’s been yet another combination among search firm boutiques. The Cheyenne Group and SRi have merged, creating a global recruiting business dedicated to the fast growing media and sports & entertainment sectors. Financial details of the transaction were not disclosed. Founded in 1999, The Cheyenne Group provides search and consulting services by assisting management teams and