DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Executive Hiring Without Borders: Navigating the Opportunities and Risks
Remote work has transformed how we do business. When it comes to hiring, there are no borders. Companies can choose leaders from around the globe to guide their organizations. While beneficial, this can also present issues, according to a new report from Stahl Recruiting Executive Search, an executive search firm specializing in the railway industry. “When
Academic Search Recruits 10th President for the University of Saint Mary
Following a nationwide search, education-focused executive recruiter Academic Search has assisted in the recruitment of Ann Marie Fallon as the 10th president of the University of Saint Mary (USM) in Leavenworth, KS. Senior consultants Suzanne Mellon and Disa Mason led the assignment. She will succeed Sister Diane Steele, who has led USM for 25 years and last summer announced her
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.
BrainWorks Grows Legal Practice
Warren, NJ-based executive search firm BrainWorks has named Rachel Chandler as director of legal recruitment. “With nearly two decades of experience spanning law, legal recruitment, and business development, Rachel brings an exceptional depth of expertise and a unique perspective to our team,” Brainworks said in a LinkedIn post. “From practicing corporate law to leading legal recruiting teams,
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?
Excel Search & Advisory Leading Search for Next WNBA Commissioner
The WNBA has begun the search for its next commissioner as the league prepares for a leadership transition at the end of the year. The NBA has retained Excel Search & Advisory, formerly Nolan Partners, to identify a successor to Cathy Engelbert, according to The Athletic. The assignment comes as the league continues to experience
Bryant Group Fills Senior Position for Wabash College
Dallas-based executive search and talent development firm Bryant Group has placed Tyler J. Wade as dean for enrollment management at Wabash College. Mr. Wade, a 2012 Wabash graduate, has served as interim dean since June. This follows a nationwide search led by the firm’s president Chris Bingley. “One of the things that made him stand out in the field
Kaye/Bassman Completes Top Search for Vornado Realty Trust
Plano, TX-based executive search firm Kaye/Bassman International (KBIC), a Starfish Partners company, has recruited Elisa Young as executive vice president, head of retail leasing at Vornado Realty Trust, one of the most prominent owners and managers of commercial real estate in Manhattan. Managing partner Scott Huey led the assignment. For Huey and Kaye/Bassman, this placement underscores the importance of specialized executive
Leathwaite Continues Partnership with St Marylebone School
London-based executive search firm Leathwaite is continuing its long-standing partnership with St Marylebone School in London, supporting students as they prepare for the next stages of their academic and professional journeys. The firm said the program is part of its community engagement efforts and reflects its commitment to social mobility and widening access to opportunity. St
Hunt Scanlon Media and Simsola AI Launch Survey on the Last Mile of Executive Search
Executive search firms are under growing pressure to bring greater consistency and transparency to how finalists are evaluated and recommendations are made. As AI and new technology move deeper into the search process, firms are also rethinking how interview feedback is captured, how candidates are compared, and where experienced consultant judgment should carry the most
Investigative Diligence Moves Earlier in Executive Search
Executive hiring decisions increasingly carry reputational, financial, and governance consequences that extend well beyond a candidate’s resume. As a result, boards, investors, and search committees are placing greater emphasis on understanding the broader context behind an executive’s track record before making a final decision. That shift is giving investigative diligence a more prominent role in
Carpenter Legal Search Recruits General Counsel for Spirax Group’s Electric Thermal Solutions Division
Carpenter Legal Search, Inc. has recruited Matthew Simonds as general counsel of the Electric Thermal Solutions (ETS) division of Spirax Group, a global industrial engineering company. “Matt stood out throughout the search process because of his combination of legal sophistication, strong business judgment, and ability to serve as a true strategic partner to leadership,” said Lori Carpenter,
Kincannon & Reed Assists Stokes Seeds with Chief Commercial Officer Search
Kincannon & Reed (K&R), which exclusively focuses on food, agribusiness, and the related life sciences, has helped to recruit Andy Paston as chief commercial officer of Stokes Seeds, a leading North American supplier of vegetable seed serving commercial growers across the United States and Canada. “Andy brings a strong combination of agricultural expertise and commercial leadership,”
Chartwell Partners Recruits President and CEO for Eagle Bancorp
Dallas, TX-based executive search firm Chartwell Partners has assisted in the recruitment of Stephen Curley as president and chief executive officer of Eagle Bancorp, Inc., the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington, D.C. area. The appointment followed an extensive board evaluation and search of internal and external candidates.
Egon Zehnder Examines the Great AI Divide Reshaping Private Equity Leadership
Private equity firms are moving quickly to determine where AI can create the greatest advantage across portfolio operations and investment strategy. As adoption accelerates, firms are rethinking what kind of AI leadership they need and where those roles should sit. That shift is beginning to reshape talent strategies across the PE market. Over the past
DHR Global Acquires Life Sciences-Focused Discovery Search Partners
Talent advisory firm DHR Global has acquired Discovery Search Partners, a retained executive search firm focused on the life sciences industry. Financial terms of the deal were not disclosed. Bill O’Callaghan of Discovery Search Partners will join DHR as managing partner and Don Evans will join as partner, while Brian Evans will help build out the life sciences vertical
The Lancer Group Recruits CHRO for Liquidity Services
La Jolla, CA-headquartered search firm The Lancer Group recently assisted in the recruitment of Karen Fascenda as chief human resources officer of NASDAQ-traded Liquidity Services. Chairman and CEO Bill Angrick highlighted Ms. Fascenda’s strong track record of aligning talent strategies with business growth. Ms. Fascenda, in turn, described Liquidity Services as a proven market leader with significant
SearchWide Global Recruits Chief Sales Officer for the Nashville Convention & Visitors Corp
SearchWide Global has placed Cahal Mowery as chief sales officer of the Nashville Convention & Visitors Corp (NCVC). Kellie Henderson, global head of destinations, led the assignment. “Cahal brings the experience, leadership and energy we need to continue Nashville’s success as a leading meetings, group and events destination,” said Deana Ivey, president and CEO. “His work in
Riviera Partners Expands in APAC Region
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded it the APAC region with the addition of Gaurav Dev Burman as a partner based in Bengaluru. In this role, Gaurav will advise boards, CEOs and investors on technology leadership searches across India and the APAC region. “Gaurav
Standing on the Shoulders of the CHRO: Shaping the Modern Workforce Era
As organizations confront rapid technological change, workforce disruption, and mounting pressure to build stronger leadership pipelines, the role of the chief human resources officer continues to expand. Today’s CHRO is expected to help shape business strategy, guide organizational transformation, and ensure companies develop the talent, culture, and leadership needed for long-term success. At the same
Resource Management Group Assists U.S. Oral Surgery Management with CFO Search
Resource Management Group (RMG), an executive search firm specializing in CFO placements, recently helped to recruit Jennifer L. Ellis as CFO of private-equity backed U.S. Oral Surgery Management (USOSM). “Congratulations to Jennifer Ellis on her appointment as chief financial officer at US Oral Surgery Management,” RMG said in a LinkedIn post. “Thank you to Doug Drew,
RH Perry & Associates Seeking CFO for Metropolitan Community College
RH Perry & Associates has been retained by Metropolitan Community College, Kansas City, Missouri (MCCKC) to lead in its search for a new CFO. The assignment is being led by senior consultant Joanne Bashford and Paul G. Doeg, president and chief operating officer. The CFO provides strategic leadership and executive oversight for the College’s financial stewardship, long-range planning,
Heidrick & Struggles Launches Performance Culture
Heidrick & Struggles recently launched Performance Culture, a new solution that integrates the firm’s existing culture shaping capabilities with the purpose-driven transformation expertise of businessfourzero, the next-generation consultancy acquired by Heidrick in 2023. “Today’s leaders are simultaneously navigating AI-driven transformation, margin pressure, and the need to build more agile organizations in an increasingly uncertain environment,”
The International Executive Search Federation Elects First Woman President
The International Executive Search Federation (IESF) has elected Adelina Rosca, managing partner of Rosman Talent Solutions (RosMinds), as president of its global network. She became the first woman and the first leader from Eastern Europe to lead the organization since its establishment in 2002. Ms. Rosca takes over this month from Gertjan van de Groep of
The Hidden Cost of Getting the CEO Decision Wrong
Russell Reynolds Associates’ latest report, The CEO Decision: How PE Investors Select and Reassess Leaders from Entry to Exit, puts numbers behind one of private equity’s most important human capital questions: how much does the CEO decision matter to investment performance? The answer is significant. Russell Reynolds Associates notes that top-quintile portfolio company CEOs generate
DSG Global Retained by Ronald McDonald House for Inaugural Global Chief Financial & Administrative Officer Search
DSG Global has been retained by Ronald McDonald House to recruit its inaugural global chief financial & administrative officer (CFAO). The search is being led by Cheryl Stevens and Claire Hunt. This executive will play a pivotal role in shaping the future of a global System spanning 250 Chapters across 61 countries and regions. This newly expanded
Isaacson, Miller Tapped by Dartmouth College for CIO Search
Boston-based Isaacson, Miller has been retained by Dartmouth College to lead in its search for a chief information officer. Becca Kennedy is leading this search with Kristen Andersen and Ryan Smillie. The CIO will oversee enterprise technology, cybersecurity, research computing, enterprise systems, and business transformation while providing strategic guidance on technology governance, resource allocation, operational resilience, and emerging
Calibre One Names Co-Leader of Global Real Estate Practice
New York City-based Calibre One has named Rebecca Wilson as a partner in the firm’s financial services practice. Based in New York, she will also co-lead the global real estate practice alongside managing partner David Schumer. “Rebecca combines decades of senior experience in financial services with a strategic consultant’s perspective and a proven track record
Amplified People Group Acquires Higher
Amplified People Group, the people services specialist that supports technology companies from inception to initial public offering (IPO), has acquired Higher, the executive search firm that specializes in AI and engineering leadership hires. Financial terms of the deal were not disclosed. The acquisition addresses the pressing demand for AI talent and brings more specialized expertise into
Unlocking Competitive Advantage with Interim Executives
In today’s dynamic economic environment, both investor-backed and public companies are reconsidering how they add senior talent. “In my 15+ years of experience in the interim space, I’m now seeing a significant shift: companies are increasingly embracing senior interim or fractional executives not just as a temporary fix, but as a strategic alternative or complement
Southfield Capital Makes Investment in Metric Search
Private equity firm Southfield Capital has made a majority investment in Metric Search, Ltd., a specialized provider of talent solutions and human capital placement services for niche, high-growth sectors, including MedTech, life sciences, engineering, and data centers. “Metric has built a highly compelling platform by staying disciplined in its focus on specialized, high-growth sectors where
The Road From Pure Search to Premier Human Capital Solutions
SpenglerFox is a search firm on the go, boosting headcount, creating capabilities and capacities around the world, and earning a spot among Hunt Scanlon Media’s top 40 global talent providers. The Eschborn, Germany-headquartered firm was established in May 2003 as the executive search arm of the Ireland headquartered Grafton Employment Group. Its earlier beginnings saw
True Search Recruits President and Chief Commercial Officer for Mojix
Peterson Loftin, Matt Engel, and Isabel Klatt of executive recruiting firm True Search assisted in the recruitment of Chris Cassidy as president and chief commercial officer of Peak Rock Capital-backed Mojix in Boca Rotan, FL. “Chris joins Mojix with more than 20 years of executive leadership in various supply chain management roles and brings deep domain expertise
Nolan Partners Recruits CEO for the Chicago Bears
Executive search firm Nolan Partners, an Excel Sports Management company, has assisted in the recruitment of Kevin Warren as president and chief executive officer of the Chicago Bears professional football team. Most recently, Mr. Warren was commissioner of the Big Ten Conference, the oldest Division I collegiate athletic conference. He succeeds Ted Phillips, who is
Krauthamer & Associates Recruits CFO for the Phoenix Valley Metro
Over the past year, a growing number of transportation companies have enlisted executive search firms to help them find senior talent. Executive recruiting firm Krauthamer & Associates has assisted in the placement of Ken Kessler as the new chief financial officer of the Phoenix Valley Metro in Arizona. He replaces interim CFO Jim Hillyard. “It is
Top Women Recruiters Share Views on 2023
As executive recruiters, leaders at DHR Global are always asked what they see in the labor market. Right now, the search firm is seeing a lot. In late 2022, DHR’s resource group for women partners – called Global DHR Women – met and discussed their thoughts on how the current economic environment is affecting executive
Diversified Search Group Acquires Yardstick Management
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has acquired Yardstick Management, a black-owned management consulting and executive search firm. Financial terms of the deal were not disclosed. As a part of this acquisition, Yardstick Management Institute, a specialized leadership program designed for leaders and senior executives, also
ON Partners Recruits CEO for POWWR
Jake Espenlaub, Danny Bolger, and Omeed Veiseh of ON Partners have helped to place Matt Tormollen as the new chief executive officer of POWWR, a Manchester, England-based B2B energy SaaS provider and Five Elms Capital company. “Matt’s strong product and technical acumen, energy expertise, and proven ability to lead global teams make him the ideal candidate to lead POWWR’s next
Salveson Stetson Group Places Chief HR and Culture Officer for Longwood Gardens
Radnor, PA-based executive search firm Salveson Stetson Group has assisted in the recruitment of Shelley Dinehart as chief human resources and culture officer for Longwood Gardens. “We recently had the honor of partnering with Longwood Gardens in an executive search to find its new chief human resources and culture officer, and we are pleased to share that Shelley Dinehart has joined their
Slone Partners Continues Growth
Life sciences-focused search firm Slone Partners has expanded with the addition of Fred McCallum as vice president, client partnerships. “Fred McCallum is a talented and driven leader with a successful track record as an external recruiting business partner with global stakeholders,” said Leslie Loveless, CEO. “He has vast experience with candidate development and recruitment all the way up through
M&A Activity for Recruiting and Talent Platforms Expected to Heat Up In 2023
Acquisitions made big news in the recruiting industry this past year, and for good reason. Outside investors caught on to the sector’s expansion potential and long growth runway ahead. Top search leaders also found ways to maximize profit (cutting back on office space helped every search firm achieve a better bottom line in 2022). That
Bespoke Partners Recruits CEO for AbsenceSoft
San Diego, CA-headquartered executive search firm Bespoke Partners has assisted in the recruitment of Mark Schiff as the new chief executive officer of AbsenceSoft in Golden, CO. The search was led by Kristie Nova and Katherine Baker. “We couldn’t be more delighted to have partnered with such an outstanding team on this successful search,” the search team said. “We are
Should Your Next CEO be an Internal or External Hire?
Germany, Austria, and Switzerland, known as the “DACH” region, are German-speaking countries where supervisory boards not only define profiles and requirements for hiring the CEO, they are also responsible for their appointment. Consultants and management auditors support these processes, helping boards to ensure that suitable candidates have the required skills and experiences. “However, experience shows
Reffett Associates Recruits First Woman Superintendent of the United States Merchant Marine Academy
After a nationwide search, Seattle, WA-based Reffett Associates has assisted in the recruitment of rear admiral Joanna Nunan as the first woman superintendent of the United States Merchant Marine Academy (USMMA) in Kings Point, NY. She succeeds vice admiral Jack Buono. After announcing the appointment, transportation secretary Pete Buttigieg said Ms. Nunan is: “The right
ShiftKey Secures Funding Round from Lorient Capital
ShiftKey, a Dallas-based healthcare recruiting company, has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in excess of $2 billion. Crunchbase News reported the round was for $300 million. Lorient’s investment was completed through a continuation vehicle that was led by the Ares Management Secondaries funds and Pantheon. Additional investors
Getting Your Business ‘Exit Ready’ for a Sale
Scaling and creating a recruitment business which is attractive to investors or potential buyers is one of the most challenging areas for most entrepreneurs in recruitment. For many entrepreneurs, the end goal is to ultimately scale and exit the business they have built. Some believe that the business is ready for an exit as soon
Caldwell Posts 38 Percent Revenue Loss
Toronto-based Caldwell issued its financial results for the fiscal 2023 first quarter ended Nov. 30, 2022, posting consolidated professional fee of $23.7 million (Canadian), a 38 percent decrease from the same period a year ago when it reported $38.3 millon. “We experienced a slowing in our business segments in the last quarter of our record-breaking fiscal
TurnkeyZRG Recruits New Leader for the Fiesta Bowl
TurnkeyZRG has assisted in the recruitment of seasoned sports executive and business leader Erik Moses as executive director and chief executive officer of the Fiesta Bowl in Arizona. “It was important to identify the right person who could guide the future of the Fiesta Bowl, and help build innovative ways to engage our fans, community, stakeholders,
Furst Group Recruits Chief People Officer for Medica
Executive recruitment firm Furst Group, which serves the healthcare and insurance industries, recently assisted in the placement of Missy Durant as chief people officer of Medica in Minnetonka, MN. “We are absolutely thrilled to have Missy join Medica,” said John Naylor, president and CEO of Medica. “In addition to bringing strong human resources leadership to our team, she
Standish Executive Search Appoints Managing Principal
Providence, RI-based executive search and advisory firm Standish Executive Search has named Greg Mickelson as managing principal. In this position, he will oversee the day-to-day operations of the firm. “Greg has been instrumental in our success these last few years since he joined Standish Executive Search,” said Stan Davis, founder. “As I look toward the
ON Partners Records 115 Percent Growth, Appoints Co-Presidents
ON Partners has recorded 115 percent three-year revenue growth rate. The search firm has also built out its executive leadership team to continue its expansion into growth markets, including the appointment of partners Matt Mooney and Tim Conti as co-presidents. ON has also promoted Vicky Wilkens to chief commercial officer and Greg Kleeh to chief operating officer. They join Mr. Conti,
Hiring Outlook Remains Stable: Signs of a Slowdown Emerge
Employers around the world are still expecting to hire more workers in the first quarter of 2023 with 12 of the 41 countries and territories reporting higher hiring intentions than the previous quarter, according to the Q1 ManpowerGroup Employment Outlook Survey. Employers reported a seasonally adjusted, net employment outlook of +23 percent. Hiring intentions decreased
The Christopher Group Seeks CHRO, Two Board Members for Bryant & Stratton College
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has been selected to find a chief human resources officer and two board members for Bryant & Stratton College in Orchard Park, NY. Pam Noble, managing director, and Ayla Maloney, managing partner, are leading the assignments. The newly evolved CHRO role
Russell Reynolds Associates Called in by Penn State to Find Provost
Penn State is launching a national search for its next executive vice president and provost. The school has called in Russell Reynolds Associates to recruit this next leader. As the chief academic officer reporting directly to the president, the provost works with deans, chancellors, faculty, and staff across the university and helps set and lead academic
Amrop Expands in Istanbul
Amrop, a global leadership advisory and executive search partnership, has assembled a new team in Istanbul, marking its reentry to the Turkish market. With headquarters in Istanbul, Amrop Turkiye offers executive search and leadership advisory services across C-suite, board, and senior management functions. The firm will focus on a broad range of sectors including industrial,
Kingsley Gate Partners Acquires The Omerta Group
Private equity-backed Kingsley Gate Partners has acquired London-headquartered The Omerta Group (TOG), an executive search firm specializing in financial services. Financial terms of the deal were not disclosed. “To have a truly global financial services practice, you must be in three locations: New York, London, and Hong Kong,” said Umesh Ramakrishnan, CEO of Kingsley Gate Partners.
Greenwood /Asher & Associates Assists in Search for President of Eastern Illinois University
Miramar Beach, FL-based executive recruitment firm Greenwood /Asher & Associates is helping to place the next president for Eastern Illinois University (EIU) in Charleston, IL. Leading the assignment are Betty Turner Asher, co-founder of the search firm, and Julie Schrodt, senior executive search consultant. Last October, current EIU president David Glassman announced that he would
WilsonHCG Acquires Personify
Global talent solutions provider Wilson Human Capital Group (WilsonHCG) has acquired Personify, a Raleigh, NC-based recruitment process outsourcing (RPO) provider. Financial terms of the deal were not disclosed. “Personify is one of the largest life sciences and healthcare RPO providers in the world, so this expansion enables continued growth while cementing our position as a global leader
Development Guild DDI Seeks New Leader for United Women in Faith
Non-profit specialist recruitment firm Development Guild DDI was recently selected to find a new CEO for United Women in Faith in New York City. Senior vice president and principal Tracy Marshall is leading the assignment. Together, the board and the CEO ensure United Women in Faith’s relevance to the membership, accomplish its mission and vision, and
Kennedy Executive Search Makes Senior Appointments
Kennedy Executive Search, a network of independent executive search firms, has elected Veerle Van De Vijver as president and György Kobelrausch as vice president. Former president Pablo Perella-Berdun will remain active as vice president of special projects. In 2023, Kennedy’s legal entity will also transition from an EIG to a limited liability company, allowing the
Diversified Search Group Recruits CEO for Federal Reserve Bank of Chicago
Federal Reserve Bank president searches are some of the most coveted assignments for executive recruiters to take on, and a number of leading search firms have gotten in on the action. Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has assisted in the recruitment of Austan Goolsbee as the new
A ‘Historic’ Past Two Years and What’s Coming for 2023
With almost 25 years of experience in retained executive search, Chris Bull, co-founder and managing partner of executive search firm McDermott + Bull, is often asked what his firm is seeing in the market and what he expects moving forward. In summarizing what he has seen over the last 24 months, and making predictions for
