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Daily Newswire
The Execution Gap in AI Is Becoming Private Equity’s Defining Divide
Multimodal’s latest report, The State of Agentic AI in Private Equity, highlights a critical inflection point. While AI adoption is widespread across the industry, very few firms have translated that activity into sustained operational impact. Nearly two-thirds of private equity firms are actively piloting AI, and roughly 40 percent report having formal strategies in place. Yet only
Russell Reynolds Associates Recruits President and CEO of Cara Collective
Global leadership advisory firm Russell Reynolds Associates has assisted in the recruitment of Karin Norington-Reaves as president and CEO of Cara Collective in Chicago. “This is a defining moment for Cara Collective,” said J. Todd Phillips, chair of Cara Collective’s board of directors. “Karin was selected from a national search conducted by a special committee of the Cara
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.
Coulter Partners Places Chief Marketing Officer for NRG Therapeutics
Life sciences recruiting specialist Coulter Partners has recruited Claus Sundgreen as chief medical officer of NRG Therapeutics Ltd. Managing partner Kay Wardle led the assignment. “NRG was seeking a rare combination of clinical development expertise, neuroscience leadership, and deep knowledge of ALS. Our search focused on identifying leaders with a proven track record of advancing innovative therapies through critical
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?
Flatiron Search Partners Appoints Partner
Flatiron Search Partners (FSP) has expanded with the addition of Dan Rubin as partner. “Dan works with clients across the consumer landscape to place the right leaders in the right roles at the right time,” Flatiron Search Partners said in a LinkedIn post. “He brings deep experience in retail and consumer goods, with particular expertise placing general
The Counteroffer Problem: What C-Suite Leaders Need to Know
Executive search assignments can unravel at the finish line for reasons that have little to do with candidate quality or cultural fit. Counteroffers have become an increasingly important consideration for search consultants and their clients as companies compete to retain proven senior leaders in a tight talent market. For organizations pursuing C-suite talent, understanding a
Furst Group Assists the American Society for Clinical Pathology with CEO Search
Furst Group, which serves the healthcare and insurance industries, has assisted in the recruitment of Alexandra Brown as CEO of the American Society for Clinical Pathology (ASCP) following her successful tenure as interim CEO over the past year. The selection was made after a national search and based on the recommendation from a search committee
BroadView Talent Partners Recruits President and CEO for Baltimore Community Lending
Following a comprehensive national search led by BroadView Talent Partners, Baltimore Community Lending, Inc. (BCL) has hired Calvin Gladney as president and CEO. Tracy McMillan, Robyn Quinn, and Donna Young led the assignment. He succeeds longtime Watchen Harris-Bruce, whose leadership has strengthened BCL’s position as a leading community development financial institution (CDFI) dedicated to expanding access to capital and creating
U.S. Adds 162,000 Jobs in August as Unemployment Holds at 4.1 Percent
Employment increased by 162,000 in August as the U.S. unemployment rate remained unchanged at 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.0 million, changed little in August. Among the major worker groups, the unemployment rate for people who are Asian declined to 3.2 percent in August.
WittKieffer Recruits President and CEO for the American Hospital Association
Oak Brook, IL-based WittKieffer has placed Steve Walsh as the new president and CEO of the American Hospital Association (AHA). Andrew Chastain, Paul Bohne, and Keshia Harris led the assignment. “Following a thoughtful national search, the board unanimously selected Steve Walsh to serve as the next president and CEO of the American Hospital Association,” said Marc L. Boom, chair of the AHA
Egon Zehnder Appoints Global Leader of HR Practice
Global leadership advisory firm Egon Zehnder has named Ayşe Güçlü Onur as global leader of its human resources practice. She succeeds Rafael Altavini, who helped expand the practice’s work with leaders, teams and organizations navigating transformation and change. “This appointment comes as companies and boards increasingly look to CHROs to help shape business strategy, lead transformation, build leadership
The Industry’s Profit Conversion Problem — And Why Going AI-Native is the Way Out
The recruiting industry is not short on revenue. Fee revenue at the 50 largest executive search firms in the U.S. and Americas jumped 11 percent last year, topping $6.69 billion, according to Hunt Scanlon‘s 2026 annual rankings. Across broader staffing, the picture is more muted, but revenue is still flowing. The problem is what happens
BoardWalk Consulting Leading CEO Search for the National Breast Cancer Coalition
BoardWalk Consulting was recently retained by the National Breast Cancer Coalition (NBCC) to lead in its search for a new CEO. The search is being led by Crystal Stephens and Terri Kohan. This is a rare opportunity: to lead one of the most respected and independent voices in breast cancer advocacy, building on three decades of momentum. Reporting
GHP Search Partners with Ascend Learning on Board Member Appointments
GHP Search, formerly known as Greenwich Harbor Partners, was recently tapped by Ascend Learning to assist in growing both the Ascend Learning board of directors and the Ascend Charter Schools board of trustees. New members of the Ascend Learning board identified by GHP include Robert Childs, retired EVP, strategic initiatives at American Express and Amy Mbagwu-Bagolini, a founding leader of Amazon’s Streaming TV advertising business. Richard Young Jr, director,
FMG Leading Adds Healthcare Strategy and Transformation Expert
Human capital advisory firm FMG Leading has expanded with the addition of healthcare strategy and transformation expert Doug Van Wie as managing director. The firm explained that the addition further aligns FMG Leading’s capabilities with the needs of investor-backed organizations looking to add value and mitigate risk as they deploy purpose-driven capital into the rapidly evolving healthcare system.
Caldwell Launches Global Financial Institutions Group Practice
Toronto-based Caldwell has launch its global financial institutions group (FIG) practice, bringing together the firm’s financial services capabilities under a single, globally coordinated practice. “This is more than a change in name,” said Chris Beck, chief executive officer of Caldwell. “It reflects the scale, connectivity, and depth of the practice we have built globally, as well as
M&A in the Search Industry: How Consolidation Is Reshaping Who Wins
M&A activity is becoming an increasingly important force across the executive search sector as investors and larger platforms look for opportunities to expand capabilities, sector expertise, and geographic reach. For independent firms, the trend is placing greater scrutiny on how effectively their businesses are structured, managed, and positioned for the future. Against this backdrop, search
Korn Ferry Completes Acquisition of AMS
Korn Ferry (NYSE:KFY) has completed its acquisition of U.K.-headquartered AMS from OMERS Private Equity. The combined organization brings together two highly complementary organizations across geographies and industries with a shared commitment to drive business performance. The collective firm will have more than 16,000 colleagues. In accordance with the terms of the acquisition agreement and in the
Myers McRae Helps Pensacola State College Select Finalist for President Role
Macon, GA-based Myers McRae Executive Search and Consulting has assisted Pensacola State College (PSC) with the selection of J. Alex Kelly as the finalist to become it’s next president. The committee’s recommendation followed a national search led by Kenny Daugherty of Myers McRae Executive Search and Consulting. The search attracted 107 qualified applicants from across the country. The committee selected
Potrero Group Recruits CEO for Center for Volunteer & Nonprofit Leadership
San Francisco-based leadership consulting and search firm Potrero Group has placed Karen Strolia as the next CEO of Center for Volunteer & Nonprofit Leadership (CVNL) in San Rafael, CA. She succeeds longtime CVNL CEO Linda Jacobs, who led the organization for 25 years. “The board is thrilled to welcome Karen as CVNL’s next chief executive officer,” said Luana Vaetoe,
Marovi Appoints Head of Engineering
Atlanta-GA-based Marovi has expanded with the addition of Ebubechukwu “Don” Enwerem as head of engineering. “Over the past few years, Don has had several engineering terms with Amazon Robotics – work estimated to save millions in operational costs. In between stints, he was building with Marovi. When the opportunity came to continue with Amazon, Don chose
As Executive Search Accelerates, Judgment Becomes the Differentiator
Executive search firms are under pressure to demonstrate value earlier than ever. Clients increasingly expect firms to understand the market, identify credible candidates, and begin calibrating on potential profiles before a search has even formally launched. AI and new data tools are helping firms meet those demands. Tasks that once took days can now be
Fractional vs. Full-Time Executives: The Real Math for Mid-Sized Growing Companies
As mid-sized companies grow, one of the more consequential leadership decisions is determining when fractional executive support is sufficient and when the business requires a full-time leader. A recent ExactSearch.AI report examined the economics behind that decision, finding that the answer often depends less on compensation than on the level of ownership, accountability, and organizational
Lindauer Recruits Chief Development Officer for C-SPAN
Following a national search, Lindauer has assisted in the recruitment of Adele Hixon-Day as the first chief development officer of C-SPAN. The search is being led by Lindauer vice president Maureen Huminik, senior vice president Bob Giannino, and senior consultant Taylor Beard. “Adele joins C-SPAN at a pivotal moment,” said C-SPAN CEO Sam Feist. “For decades, the cable and satellite, and recently
Pyramind Recruits President and CEO for The SkillSource Group
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Clifford Yee as president and CEO of The SkillSource Group, Inc. (SSG), fiscal sponsor of Virginia Career Works – Northern. He succeeds interim executive officer Seema Jain, following a leadership transition supported by SkillSource’s staff, board, and community partners. “Cliff has a strong
Buffkin / Baker Acquires Fortra Search
In an effort to strengthen its venture capital and private equity search capabilities, Buffkin / Baker has acquired Fortra Search, a boutique retained executive search firm focused exclusively on executive sales and revenue leadership. The firm has also named its founder Andy Grosso as partner. “We’re thrilled to welcome Andy to Buffkin / Baker,” said Jackson Ross, partner
The Role of the CFO in PE-Backed Businesses
The role of the CFO in private equity-backed businesses has shifted materially in recent years. Historically a function for financial stewardship, the CFO role is now defined by operational accountability, value creation and the ability to translate investment strategy into outcomes. A recent report from U.K.-based executive search firm The Barton Partnership (TBP). The study examined how
JDG Associates Seeking Executive Director for the National Coalition for Assistive and Rehab Technology
Rockville, MD-based executive search firm JDG Associates was recently selected by the National Coalition for Assistive and Rehab Technology (NCART) to lead its search for a new executive director. The position is remote and may be based anywhere in the United States, with proximity to the Washington, D.C. area considered a plus. NCART stands at a pivotal moment, with active,
Calibre One Assists Cibus with CEO Search
Calibre One has helped to recruit board member Craig Wichner as the new CEO for NASDAQ-traded Cibus, Inc. in San Diego, CA. Peter Beetham, who has served as the company’s interim CEO, will continue his role as the company’s president and chief operating officer. Concurrently, both Mr. Wichner and Dr. Beetham resigned from the Cibus board of directors as part
From Experimentation to Infrastructure: How AI is Redefining Executive Search
What was once considered “experimental” technology (AI-powered sourcing, workflow automation, and predictive analytics) has quickly become foundational, according to a recent Cluen survey. It found that a majority of firms are not only adopting these tools but reshaping entire business models around them. Yet with maturity comes new challenges. How do you balance speed with
The Most Vital Component of Any Search Process
In the world of executive search, most searches conclude with a finalist candidate accepting a search firm-mediated client offer that establishes the agreed upon financial terms, start date, and on-boarding initiative — important items to any new leader. However, a new report from BroadView Talent Partners explains that many are surprised to hear that a search firm’s
Kevin Chase Executive Search Group Seeks Leader for Stepping Stone of San Diego
Los Angeles-based Kevin Chase Executive Search Group has been enlisted to find the next executive director for Stepping Stone of San Diego, a non-profit drug and alcohol recovery center that provides inpatient, outpatient, and transitional living programs for the LGBTQ+ and HIV communities. Cheryl Houk, who served two stints as executive director, the latest lasting seven
RevelOne Recruits VP of Brand for Mejuri
Greenwood Village, CO-based executive search firm RevelOne has assisted in the recruitment of Elaina Almazan as vice president of brand for Mejuri. The search was led by Sarah Beth Modlin. “A big congrats to Elaina Almazan on joining Mejuri as their VP of brand,” the search firm said. “The match between Elaina and Mejuri couldn’t be better with Elaina’s previous extensive brand experience at
Egon Zehnder Elects New Chair
Michael Ensser has been elected chair of Egon Zehnder and assumes the role later this fall. He succeeds Jill Ader, who has chaired the firm since 2018 and will soon transition to an advisory role. “As our next chair, Michael embodies values-driven leadership, putting humanity and empathy at the core of all he does, which is
Has the Great Resignation Stalled?
Not long ago—as recently as last month—job hunters seemed to have all the leverage. Nationwide, there were nearly two open jobs for every unemployed person. In some markets the ratio was closer to 3:1. The economy beat expectations and added 390,000 jobs last month. The country’s unemployment rate also remained at 3.6 percent, an ultralow level that is
ON Partners Places CIO for Skillsoft Corp.
ON Partners has assisted in the recruitment of Orla Daly as chief information officer of Skillsoft Corp., a Nashua, NH-based provider of corporate digital learning services. Partners Andy Hickman and Bryan Buck led the assignment. Ms. Daly brings 25 years of experience delivering effective IT and building business partnerships with leading organizations such as National Grid, Dell,
BoardWalk Consulting Assists the Betty and Davis Fitzgerald Foundation in the Recruitment of New Leader
Executive recruitment firm BoardWalk Consulting has assisted in the recruitment of Brittany Collins as the new executive director of the Betty and Davis Fitzgerald Foundation in Atlanta. She succeeds Jackie Stradley, who has led the organization since its inception. Ms. Collins’ appointment culminates a wide-ranging national search that reached about 200 potential candidates and referral sources. “Brittany is
Joe McCormack Set to Retire from McCormack+Kristel
Veteran search consultant Joe McCormack, founder of McCormack+Kristel, will be retiring this summer after 29 years. Managing partner Michelle Kristel will continue to run the firm’s national practice. “Founding and running our firm has been the most important work of my career,” said Mr. McCormack. “During the past 29 years, I have been fortunate to
ZRG Partners Appoints Co-Leader of Global CFO Practice
ZRG Partners has named Blayne O’Hara as managing director and co-leader of the firm’s global financial officers practice. “Blayne has worked with some of the world’s largest organizations, shaping financial transformation through the build-out of new finance functions and leading change through talent,” said Larry Hartmann, CEO of ZRG. “His appointment as co-lead of the global financial officers practice
Amid Global Labor Shortage, Businesses Rethink Talent Strategies
Amid ongoing labor shortages around the world, The Conference Board has released a new report to help business leaders rethink strategies for finding the right talent. The report, Navigating the Global Talent Tsunami, encourages leaders to fundamentally rethink long-held assumptions about who can do the work; where, when, and how the work gets done; and the talent acquisition
The Grant Partners Recruits President and CEO for Greater Nashville Technology Council
Alpharetta, GA-based The Grant Partners has placed Elise Cambournac as president and CEO of the Greater Nashville Technology Council (GNTC), an organization focused on positioning the community as a leader in technology driven solutions. Ms. Cambournac succeeds Brian Moyer, who recently announced that he would be stepping away from the organization. Ms. Cambournac was selected in a nationwide
Jobless Claims Remain at Historically Low Levels
The Labor Department reported that 229,000 Americans have filed new claims for state unemployment benefits, a decrease of 2,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 229,000 to 231,000. The four-week moving average was 223,500, an increase of 4,500 from the previous week’s revised average. The
Penrhyn International Adds New Member Firm in Spain
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 consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Global executive search consortium Penrhyn International recently expanded in Spain with the addition of Recarte
Why Middle Management Matters in Today’s PE Backed Portfolio Companies
Middle managers in any organization act as the glue that enables everything to happen. They connect, enable, and provide whatever their teams and first-line managers need to get their work done. But their role, according to executive recruiters and private equity talent leaders, is often overlooked and undervalued. A fundamental characteristic that PE firms are seeking
Korn Ferry Posts 45 Percent Revenue Gain
Korn Ferry (NYSE:KFY) has posted 2022 fiscal year-end revenues of $2.6 billion, up 45 percent from a year ago. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – also reported fourth quarter revenue of $721.1 million, an increase of 30 percent. The rise in revenue was primarily due to
Diversified Search Group Appoints Leader of Legal, Risk, Compliance & Government Affairs Practice
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named Sonya Olds Som as a global managing partner and leader of the newly created legal, risk, compliance & government affairs practice. “With a proliferation of new and intensified risks, challenges and opportunities today, companies are seeking deeper levels of legal and
Caliber Associates Recruits Chief Medical Officer for GentiBio
San Diego, CA- based Caliber Associates recently placed Dr. Neely Mozaffarian as the chief medical officer of GentiBio Inc. in Cambridge, MA. “Neely brings tremendous clinical leadership with great expertise in immunology and autoimmunity to the GentiBio team,” said Steve Hochberg, CEO of Caliber Associates. “Neely’s wealth of knowledge of inflammatory diseases and autoimmune disorders, combined with her
Envision Consulting Recruits President and CEO for Library Foundation of Los Angeles
Pasadena, CA-based search firm Envision Consulting recently placed Stacy Lieberman as the new president and CEO of the Library Foundation of Los Angeles (LFLA). She becomes the foundation’s fourth president in 30 years and will succeed former president Ken Brecher, who retired last September after an 11-year tenure. “We are thrilled to have Stacy as our next leader
A Review of the Latest Top Talent Acquisition Trends
The talent market has evolved rapidly over the past two and a half years. In fact, it has not only evolved, it has transformed irrevocably. Widening skills gaps, changing candidate expectations, and record job openings are all impacting talent acquisition. A recent report from WilsonHCG examines the latest trends. Internal mobility programs will play a pivotal role in talent acquisition strategies,
Diversified Search Group | Koya Partners Tapped by the Washington Research Library Consortium to Find New Leader
Diversified Search Group | Koya Partners has been called in by the Washington Research Library Consortium (WRLC) to lead its search for a new executive director. Spearheading the assignment are managing director Beth Schaefer and senior search associate Marisa Chock. The firm seeks a dynamic, creative leader to provide innovative and thoughtful leadership, and to advance the mission of this member-driven
SearchWide Global Leads CFO Search for Cincinnati USA Convention & Visitors Bureau
Executive recruitment firm SearchWide Global has been enlisted to find a chief financial officer for the Cincinnati USA Convention & Visitors Bureau in Ohio. Senior vice president Kellie Henderson is spearheading the assignment. The organization’s CFO serves as the principal financial advisor and strategic partner to the chief executive officer, said the search firm. The CFO directs
Indeed Names Chief People Officer
Global hiring platform Indeed has appointed Priscilla Koranteng as its chief people officer. “We are delighted to welcome Priscilla to join us in our mission to help people get jobs. Indeed is a people-centered business, and as chief people officer, Priscilla will be a key driver in helping our team grow and innovate to better serve
Kestria Adds Pender & Howe to Network
Kestria, formerly known as IRC Global Executive Search Partners, has expanded its presence in North America with the addition of Toronto-based Pender & Howe Executive Search as its newest member firm. ‘We are thrilled to represent Kestria in Canada and the USA, and we are committed to fulfilling the alliance’s mission of providing first-class executive search services wherever you are
How Succession Planning Can be Your Secret Weapon
The legal market continues to be highly active in 2022. As the fight to attract and retain top-level talent rages on, organizations are looking for ways to distinguish themselves to candidates and retain current high-performing employees. While this has increased pressure on compensation ranges, money alone often will not drive a candidate’s interest in a
Artico Search Assists Jane in the Recruitment of Chief Marketing Officer
Long before COVID-19 flipped the world upside down, the retail sector was in the midst of a grand makeover — with retail companies pivoting and sometimes completely reinventing themselves to keep up with customers’ changing habits in how and where they shop. At the outset of the pandemic, mandated shutdowns fast-tracked those changes, and retail
HARTZ Search Seeks CEO for University Medical Center New Orleans
Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. So it is that the need for recruiting firms to deliver top-drawer leaders throughout the sector has only grown. Charlotte, NC-based HARTZ Search was recently enlisted by the University Medical Center New
Daversa Partners Appoints Managing Director
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has appointed Will Brewster as managing director, bringing nearly a decade of search experience to the firm’s leadership team. “It has been my pleasure to watch what Will has done during his tenure at Daversa,” said Peter Baiocco, partner at Daversa Partners. “Years ago, we
Kennedy Executive Search Adds New Member Firm in Ireland
Kennedy Executive Search, a network of independent executive search firms, has added Dublin-based Vista Executive Search as its first partner in Ireland. Vista becomes the 15th partner firm for Kennedy, bringing the total number of offices in Europe, North America, Latin America, and Asia to 24. “Many of the world’s most successful companies have chosen Ireland
A Look at the Second Half of 2022 and What Lies Ahead
Disruption has taken on a positive connotation: Industry “disruptors” are shaking things up in creative, future-oriented, and highly profitable ways. It has not, however, lost its older, negative, connotation: The pandemic has been broadly disruptive at every level of everyone’s life, according to a report for ZRG Partners. The search firm, which is backed by
Lindauer Assists University of Washington in Recruitment of VP of Development
Boston-based Lindauer has assisted in the recruitment of Tamara Michel Josserand as vice president of development, university advancement for the University of Washington (UW). She succeeds Dan Peterson, who is retiring. Jill Lasman, senior executive vice president, and Tensie J. Taylor, consultant, led the assignment. “I’m so pleased to welcome Tamara to the University of Washington. She is
Collegiate Sports Associates Assists Louisville with Athletic Director Search
After a national search, Raleigh, NC-based Collegiate Sports Associates (CSA) recently helped the University of Louisville in Kentucky place Josh Heird as its athletic director. Mr. Heird had been serving as interim AD since late last year, after the resignation of Vince Tyra. He had previously been deputy athletic director. In a special meeting last Friday, the University
