DAILY NEWSWIRE - TOP STORIES
The U.S. economy contracted at the sharpest rate on record this past week, affirming fears that the pandemic and measures to contain it drove a historic plunge in business and consumer activity. Initial unemployment claims now stand at a mind-blowing 55 million since COVID-19-induced business shutdowns and subsequent layoffs began in mid-March, pointing to a stalling jobs market. Talent experts from Williams Executive Search and Rowe Global share their views!
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.
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
Rockville, MD-based executive search firm JDG Associates has been engaged to conduct the search for a Register of Copyrights for the Library of Congress. Leading the assignment is Darren DeGioia, president of the search firm. The incoming leader will be responsible for administering the provisions of copyright and related laws set out in Title 17 of the U.S. Code.
Download this guide to learn how to streamline and optimize your operations and ultimately deliver higher-quality candidates to your clients.
Hudson Global Inc. / (NASDAQ:HSON) posted first quarter of $24.6 million, down seven percent from a year ago. This surpassed the Zacks consensus estimate by 6.84 percent. By region, Hudson Asia Pacific was up 14 percent, while the Americas and Europe were down 44 percent and 27 percent, respectively. The Old Greenwich, Conn.-based recruiting firm posted a net loss of $0.8 million, or
As executive search firms grapple with the complexities of GDPR, many are concerned that the new regulation will mean deleting thousands of records built up over many years. Surely there must be an alternative?
Global executive search consortium Agilium Worldwide has added Michael Stevens Consulting in Lagos, Nigeria, as a member of the international network. Led by Francis Kudayah, Michael Stevens Consulting is an international multi-disciplinary company and has extensive activities in executive search and selection as well as other human capital consulting services. It provides expert advice in the fields of multi-disciplinary management,
A bad hire can be the most expensive mistake a business could make. A bad hire at the senior level, in particular, can wreak havoc on a business’ reputation, among other hard-to-fix problems. “What can be costlier than a faulty product or poor budgeting is the price of repeatedly hiring underqualified, short-term employees,” says the
Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. B.E. Smith, a healthcare-focused executive search firm, was recently called in by non-profit Alaska Native Tribal Health Consortium (ANTHC) to lead its search a new CFO. Ann Terry is heading the assignment. The CFO provides strategic
Minneapolis-based CohenTaylor Executive Search has placed Daniel Gumnit as the new chief executive officer of the Children’s Cancer Research Fund (CCRF). He succeeds John Hallberg, who retired in July. “Daniel has exceptional experience as a leader and true passion for the vital role of science and medical research in our communities,” said Michelle Johnson, board chairperson. “He is the right person
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
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
Today, technology is front and center of most business change. It can drive efficiency, growth, improved customer service, and an untold number of other elements that lead to success. Now, more than ever, businesses require leaders who understand technology and its possibilities in order to spearhead change. “To be successful, leaders themselves have to be
Executive search firm Caldwell Partners International posted first quarter revenues of $13.7 million (Canadian), a two percent decline from a year ago when the firm recorded revenues of $14 million (Canadian). “We fine-tuned our cost structure in the second half of last year to better reflect the global footprint we now enjoy,” said John Wallace,
Campbell & Company has been retained by The Glacier National Park Conservancy to find its next executive director. Senior consultant Kris McFeely is spearheading the search along with associate consultant Colleen Rogers. The organization is seeking a leader committed to making a difference at a fast growing philanthropic partner for one of America’s most iconic
RSR Partners has acquired executive search firm Higdon Partners. Financial terms of the deal were not disclosed. Founded in 1986 by Hank Higdon, Higdon Partners focuses exclusively on providing executive search services to asset and wealth management clients, including institutional, mutual fund, and high-net-worth organizations, as well as hedge funds, fund of funds, plan sponsors,
Retail focused executive search firm Kirk Palmer Associates has added Caroline Pill as vice president in London and Alex Montefalco as head of creative in New York. Ms. Pill will be responsible for building the firm’s global business practice with clients in Europe, Asia and the U.S. Most recently, she served as vice president of
Executive search firm DES Recruitment has placed Ida Wainschel Cools as chief information officer of Eurasia Group. She becomes the first woman to hold the position as the organization continues to innovate and expand service offerings around geopolitical risk research and consulting. John Hodge, DES managing partner, led the assignment. As a key member of
Member-owned recruitment network NPAworldwide has added 14 new member firms in Australia, the Philippines, the U.K., India, and the U.S. This past November, the organization also gained a number of member firms, including Lloyd Connect, Axius Technologies Inc., Cyber Talent Search, Reflex Staffing Solutions, LavaRock, Search Active Jobs, Tek Search LLC, and White Bay Search.
The hiring outlook for 2017 is the best the U.S. has seen in a decade with two in five employers (40 percent) planning to hire full-time, permanent employees over the next 12 months, according to CareerBuilder‘s annual job forecast. Three in 10 expect to hire part-time, permanent staff while half of all employers anticipate adding
Executive search firm Witt/Kieffer is currently leading the search for Ball State University‘s 16th president. Past president Paul Ferguson has left the school to become Biola University president. John K. Thornburgh, a senior partner in the firm’s education practice, and senior associate Elizabeth K. Bohan are leading the assignment. The presidential selection process is governed
Toronto-based Lighthouse Search has been retained by Golf Canada to lead its search for a new chief executive officer. After 10 years at the helm, CEO Scott Simmons has made the decision to depart the organization. Golf Canada’s chief sport officer Jeff Thompson has been appointed as interim CEO. Mr. Simmons will work with Mr.
Executive search firm Harvard Group International (HGI) has added Margaret Gramann to its search team as a managing director where she will lead the firm’s consumer and retail practices. Ms. Gramann specializes in C-suite and board searches with specific expertise in general management, sales, and marketing roles. She has deep expertise in CPG (PepsiCo, Coca-Cola)
IIC Partners Executive Search Worldwide has added Singapore-based Hofer Tan & Partners as its newest member firm. This marks its seventh office in the Asia Pacific region. IIC Partners now has 53 offices in 35 countries. Established over 20 years ago, Hofer Tan & Partners is a boutique search firm that specializes in senior level
This past year, America’s job market made remarkable gains. After years of lackluster pay growth and an anemic economic recovery, the jobs turned a corner in 2016. So what can we expect for 2017? A new report by Glassdoor’s chief economist, Dr. Andrew Chamberlain, has revealed the five biggest jobs trends to watch for in
Executive search firm Caldwell Partners International has recruited Ann Sung Ruckstuhl as chief marketing officer (CMO) of publicly traded technology company Unisys Corporation. Jim Bethmann, managing partner and co-leader of the firm’s TMT & IT services and information security practices, led the search. Ms. Ruckstuhl will lead all of Unisys’ marketing and communications functions. She will
Executive search firm ChampionScott Partners has placed Charles Cioffi as chief financial officer and chief operating officer of Bambeco, Inc. Founding partner and CEO Geoff Champion led the assignment. Mr. Cioffi brings three decades of expertise to his new roles. He will oversee Bambeco’s financial growth strategy and continue the company’s recent momentum. “Chuck is a proven financial and operating
Executive recruiters Capital Search Group has appointed Jill Carey as a partner. With over 25 years of experience helping clients find talent for accounting and finance roles, Ms. Carey has developed an extensive network of client relationships in multiple industries in the Washington, D.C., metro area. Previously, she founded and led accounting and financial services executive search at Pinnacle Companies for
Executive search firm Pedersen & Partners has opened a new office in Amsterdam and named Lydia van der Meulen as a client partner and country manager for the Netherlands. She will also head Pedersen & Partners’ life sciences practice for the Netherlands, Belgium and Germany. With extensive search execution background in the life sciences, healthcare, industrial, food and financial
Employers added 156,000 jobs last month as the U.S. unemployment rate rose slightly to 4.7 percent, according to the most recent U.S. Bureau of Labor Statistics report. During the month, the number of workers unemployed also increased to 7.5 million. December marked the 75th straight month of job growth in the U.S. These most recent data comes a month
The Hershey Company retained Egon Zehnder this past year to assist with its CEO succession plan. Just before the holidays, that search process concluded with the appointment of the chocolate maker’s chief operating officer Michele Buck as its new leader. She will succeed John P. Bilbrey, who previously announced his intention to retire from the company.
[Executive search firm Came | Sweeney has been retained by Polyair to lead its search for a vice president of human resources. Founder and managing partner Peter Sweeney and senior partner Larry Rogna are leading the assignment. This new role is expected to bring a broad and effective human resources background to this manufacturing environment. The selected candidate
Executive search firms Thomas Thor Associates, B.V. and KeySource HCI, LLC, have merged their nuclear industry business interests in the Americas and formed a new company called KeySource Thomas Thor, LLC. Both firms have been serving the national and international interests of their clients by helping attract top talent, senior executives, management personnel and professional
[U.K. recruitment firm Acorn has strengthened its executive search division with the additions of Laura Nicholas, Gareth Edwards and Jan Hughes. Since its launch in 2015, Acorn’s executive search division has worked on over 40 vacancies for CEOs, finance leaders, sales & marketing directors, and executive & non-exec board members, placing senior professionals into a number of
A new year means new beginnings, new opportunities, new resolutions, and for some workers, a new job. According to a new CareerBuilder survey, more than one in five workers (22 percent) are planning to change jobs in 2017, similar to last year (21 percent). Among younger workers, the numbers are even higher. More than a third
U.K.-based Intrinsic Executive Search has merged with San Francisco area recruiters The Roseinstein Group. Silicon Valley based recruiter Darrell Rosenstein will head up the firm’s new San Francisco office and lead North American operations. Directors Ben Watkins and Paul French will remain and continue to support technology companies with their U.K. and European senior hiring needs. The expansion is
The evolving healthcare sector has impacted executive search, resulting in emergence of top-flight recruiters such as Diversified Search managing director Martha Hauser. In her role as national practice leader for healthcare, Ms. Hauser has worked with hospitals, health systems, academic medical centers, higher education and non-profit organizations in a career spanning 25 years. In the following interview she details her background in educational
[Russell Reynolds Associates has recruited Jamie Davis as chief executive officer of USA Volleyball in Colorado Springs. He replaces Doug Beal, who retired at the start of the year, and becomes the seventh CEO of USA Volleyball. Mr. Davis stood out in the search process as having the qualities to help USA Volleyball meet and exceed the
[Raffa Nonprofit Search has been selected by Victory Housing, Inc. (VHI) to lead its search for a new president and chief executive officer. Current CEO Jim Brown is retiring, after 25 years. Peggy Sand, Raffa senior search and sustainability consultant, is leading the assignment. The organization seeks a visionary, mission-oriented and seasoned leader to take Victory Housing into
A recent study conducted for Korn Ferry by the Centre for Economics and Business Research finds that human capital represents to the global economy a potential value of $1.2 quadrillion. This is 2.33 times that of physical capital, which is valued at $521 trillion and includes tangible assets like technology, real estate and inventory. Human capital is
[DRG Executive Search has recruited Doron Krakow as the new chief executive officer of JCC Association of North America. Mr. Krakow has more than 25 years of experience leading and fundraising for Jewish communal organizations in North America and Israel and takes the helm as the association enters its centennial year. Mr. Krakow has built his career
[Executive search firm Coulter Partners has placed Dr. Giles Campion as chief medical officer (CMO) of Albumedix. Dr. Campion brings with him more than 25 years of experience in drug development from both large pharma and biotech companies having worked in senior development positions in the U.S. as well as Europe. Previously, he was senior vice president of research and development
[Executive search firm Allegis Partners has appointed Keith Meyer as global practice leader for the firm’s CEO and board practice. Mr. Meyer brings more than 15 years of global experience developing innovative corporate governance and senior leadership solutions for Fortune 500, mid-cap and not-for-profit organizations, as well as leading numerous CEO and board of director searches. Previously, he was the founder
Executive search firm Boyden has announced that Signium Australia, formerly known as Crown & Marks, has joined Boyden to establish a major presence in the Australia and New Zealand region. Boyden Australia’s new team is led by managing partners Allan Marks and Alun Parry. They are joined by 15 professionals, including two managing partners, two partners, one principal and