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M&A

Carlyle Group Takes Majority Stake in HireVue

Investors are pouring money into recruiting solutions businesses, especially those with an AI component. The latest: South Jordan, UT-based HireVue, which develops and provides AI-driven assessment and video interviewing solutions, has announced that global investment firm Carlyle Group has signed an agreement to invest in HireVue as its majority investor. Existing shareholders, including TCV, Granite Ventures and

Trends

Performance Drivers That Create Value and Deliver Growth

As most investment theses for PE investors rely on a significant growth equation, talent and organization capabilities are often the greatest constraint to delivering on a value creation plan. While most PE firms aspire for an in-depth organization due diligence before an investment is made, it is rare that they actually succeed, according to Summit Leadership

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How to Use Executive Sourcing to Build Your Competitive Advantage

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recruiting

The Jackson Laboratory Taps Heidrick & Struggles to Find CHRO

CHROs have become critical stakeholders in defining the strategy of a company, and they are expected to tackle the HR challenges and evolving expectations of a dynamic workplace environment that will consist of constant change, calculated risk taking and evolving expectations from top stakeholders. Those well-equipped to achieve the greatest success will have diverse skill-sets,

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GDPR – The Perfect Time to Refresh Your Database

As executive search firms grapple with the complexities of GDPR, many are concerned that the new regulation will mean deleting thousands of records built up over many years. Surely there must be an alternative?

partner

The Taplow Group Unveils New Board of Directors

Board service can be one of the most rewarding career experiences: It’s the opportunity to see firsthand how another company operates at the highest levels and to work with – and learn from – accomplished, articulate and intelligent people. It’s why many leaders decide to start down the path to the boardroom. It’s also why

performance

Korn Ferry Posts Flat Q2 Revenues

Korn Ferry (NYSE:KFY) has posted fiscal second quarter revenues of $492.4 million, down one percent (up one percent at constant currency) from last year. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – recorded net income was $42.8 million, compared to a loss of $46 million in the second quarter of last

trends

Unemployment Rate Dips Again as Economy Pushes Forward, Despite Concerns

Employers added 266,000 jobs last month as the U.S. unemployment rate dropped slightly to 3.5 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase was above the 180,000 forecast by economists. The November gain is the 110th consecutive month of job growth. The number of unemployed currently stands at 5.89 million. “We still see

recruiting

The Bowdoin Group Recruits President for Mayo Clinic Platform

The Bowdoin Group, a Boston-based executive search firm, has placed John Halamka as the new president of Mayo Clinic Platform, which is committed to elevating Mayo Clinic to a global leadership position within digital healthcare. He will start in his new role on Jan. 1. “Dr. Halamka has a proven track record of success in innovation

recruiting

Ventura Partners Plays Key Role in Returning Head Football Coach to Rutgers

Executive recruitment firm Ventura Partners has helped to bring Greg Schiano back to Rutgers University for a second stint as head football coach. Mr. Schiano led the Scarlet Knights to six bowl appearances during his previous tenure, from 2001 to 2011. Partner Chad Chatlos led the assignment for the search firm. Mr. Schiano left Rutgers in 2012

partner

EMA Partners Opens Miami Office

EMA Partners International, a global partnership of executive search professionals, has opened a new office in Miami and named Mark Young as managing director to lead the new location. “We look forward to working with Mark and his team,” said Chris Pantelidis, EMA Partners regional chair, the Americas. “It is an exciting time as we expand

trends

Despite Previous Promise, Fewer Women Hold Top CEO Roles

Despite growing calls for gender diversity, the number of women chief executive officers in the S&P 500 dropped by nearly 20 percent in 2018. At the same time, corporate America took decisive action against harassment: In the S&P 500, companies ousted five CEOs in 2018 due to #MeToo-related misconduct, representing more than 40 percent of

recruiting

Odgers Berndtson Finds New Leader for Airports Council International – Latin America and Caribbean

Global search firm Odgers Berndtson has placed Rafael Echevarne as the new director general of Airports Council International – Latin America and Caribbean (ACI-LAC). He succeeds Javier Martinez who has successfully led the organization since 2010. Tim McNamara spearheaded the assignment “We have great expectations about the new drive that Rafael Echevarne will bring to our organization,” said

recruiting

Pauly Group Recruits 11th President for Northwestern Michigan College

Academic search firm Pauly Group has recruited Nick Nissley to become the next president of Northwestern Michigan College (NMC) in Traverse City, MI. Current president Timothy J. Nelson will step down at the end of the year. Dr. Nissley was the first choice of five finalists for the position, out of a field of 67 applicants.

partner

Tatum U.S. Appoints New Director of Executive Search

Tatum, an interim services and executive search firm, recently named John Coutts as director of executive search on the west coast.  This key leadership appointment underscores Tatum’s commitment to continued growth in the U.S. marketplace. Mr. Coutts is an experienced executive recruiter with a demonstrated history of working successfully with private and public companies both in

partner

InterSearch Expands Presence in Spain and Portugal

InterSearch Worldwide, a global alliance of executive search companies with 90 offices in 50 countries, has added Euromanager to strengthen its presence in Spain and Portugal. “With this strategic alliance, Euromanager reinforces its international character by becoming part of a global network that has been operating in more than 70 markets for over three decades and has around 600 consultants in

trends

Options Group Releases Annual Pay Data Report to Wall Street

Options Group has just released its 2019/2020 Global Financial Markets Overview and Compensation Report, long considered the ‘gold standard’ for pay data metrics among banks and investment banks. This year’s report, “The Intersection of Disruptive Technology and Geopolitical Protectionism,” is chock full of key industry analytics, including financial market overviews, compensation summaries, salient predictions and

recruiting

Academic Search Called in by Simpson College to Recruit New President

Education-focused executive recruiter Academic Search has been selected by Simpson College in Indianola, Iowa to find its next president. Search firm president Jay Lemons, senior consultant Wanda Bigham and associate consultant Penny Gibbons are leading the assignment. Jay Simmons is stepping down from the college’s top job, but will continue to serve in his current position until a successor

recruiting

Waldron Tapped by Susan G. Komen Puget Sound to Find New Leader

Social sector focused executive search firm Waldron has been retained by the Susan G. Komen Puget Sound (Komen Puget Sound) to lead its search for a new executive director. Recruiting director Sarah Meyer is leading the assignment. Responsible for the success and sustainability of Komen Puget Sound, the new executive director will report to and work in close partnership

Stanton Chase Forms Global Partnership with Hofstede Insights

Baltimore, MD-headquartered Stanton Chase has formed a global partnership with Hofstede Insights, a culture and strategy advisory & analytics organization. “I am pleased to announce this new memorandum of understanding between Stanton Chase and Hofstede Insights,” said Wassim Karkabi, global head of assessment and managing partner of the Stanton Chase Middle East and Greater China offices. “Our Middle East

partner

Amrop Names Head Leadership Services for the Adriatic Region

Global recruiting organization Amrop expanded with the addition of Ksenija Štrekelj as leadership services manager for the Adriatic region. She will be based at Amrop Adria in Ljubljana. Ms. Štrekelj has a senior HR profile with proven background as a talent acquisition and development expert with extended knowledge of HR solutions. She has over 10 years

recruiting

Harvard University Taps Isaacson, Miller to Find Chief Diversity Officer

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. It is also increasingly becoming a cabinet-level job, with a broad range of responsibilities

recruiting

University of California Picks Ventura Partners to Find Women’s Basketball Coach

Universities have been turning to search firms in droves to fill their top coaching vacancies. Just recently, the University of California, Riverside picked Ventura Partners to lead the search for its next women’s basketball head coach. Interim head coach Seyram Bell will lead the team through the 2019-20 season. She stepped in following the resignation of

recruiting

Scion Executive Search Seeking Executive Director for Hill Country Conservancy

Austin, TX-based Hill Country Conservancy (HCC) has announced that founder and CEO George Cofer will retire from the organization next April. The organization has turned to non-profit sector specialists Scion Executive Search to find its next leader. Elissa Dumiak, senior executive recruiter, and Isaac Schild, managing partner, are leading the assignment for the search firm. Mr. Cofer’s tenure with HCC includes founding the non-profit in

partner

McDermott & Bull Expands to San Francisco and Dallas

Irvine, CA-based search firm McDermott & Bull has expanded with the addition of new offices San Francisco and Dallas. Within the last three years, the firm has broadened its reach throughout the U.S. and internationally, including the opening of offices in Canada and Europe. Linda Sierra, managing director in San Francisco, and Jeff Katon, managing director in Dallas, have

launches

Talengo Launches Mentoring Program

Madrid-headquartered executive search firm Talengo has created its own digital solution to develop mentoring programs. It is, for the moment, the first consulting firm in Spain that has an internal development tool to manage these types of programs. Talengo said that mentoring projects are one of the most successful instruments for the development of internal talent in that

recruiting

SPMB Recruits CEO for Shutterfly

The private equity sector is witnessing an explosive bidding war for top leaders as portfolio companies expand their needs for C-suite talent. SPMB, an executive search firm that helps find transformative executives throughout Silicon Valley, recently placed Hilary Schneider as the new CEO of Shutterfly, which was acquired earlier this year by private equity firm Apollo

recruiting

Koya Leadership Partners Assists Carnegie Museums of Pittsburgh in President Search

Alison P. Ranney and Alexandra N. Corvin of Koya Leadership Partners have teamed up to place George Washington University (GW) president emeritus Steven Knapp as the new president of Carnegie Museums of Pittsburgh. “This is a significant opportunity to lead one of the most important cultural institutions in our country,” said Ms. Ranney. “Steve is such an accomplished and thoughtful leader, and a

recruiting

Sterling Martin Associates Selected by the American Pharmacists Association to Find New Leader

Sterling Martin Associates, an executive search firm which specializes in recruiting talent for associations and other non-profit organizations, has been called in by the American Pharmacists Association (APhA) to find a new CEO. Spearheading the assignment are David S. Martin, managing partner; Leigh Beal, vice president of executive recruiting; and Manmeet Singh Fox, senior consultant. Earlier

partner

Prestige Scientific Names Manufacturing Recruiting Leader

Persistent talent shortages and the need to develop and retain employees with critical business and technology skill-sets will continue to challenge global life sciences companies as they try to navigate a new world of work, according to Deloitte’s global sector outlook report on life sciences. This will require a dramatic change in strategies for leadership,

Herbert Mines & Associates Recruits CEO for Burlington Stores

Retailers are facing major shifts in their businesses that call for “unprecedented responses” by CEOs who can effectively lead through change, intuitively and analytically understand the evolving consumer, and respond to ambiguity, according to search consultants. Developed markets, excess retail capacity, rising prices, the shift to omni-channel retail and the unpredictable pace of change in

Caldwell Partners Posts Strong 21 Percent Revenue Gain

Caldwell Partners International posted fourth quarter revenues of $15.4 million, up 16 percent from revenues of $13.2 million a year ago. Full year revenues jumped 21 percent, from $45.1 million to $54.5 million. Revenue in the U.S. for the quarter was up 14 percent, while Canadian revenues rose 11 percent. For the year, U.S. revenues jumped 17

University of Miami Taps Korn Ferry To Find Head Football Coach

The University of Miami has selected Korn Ferry to lead its search for a new head football coach. Former coach Al Golden was fired last month in the middle of his fifth season, a day after the school was beaten 58-0 by Clemson University. It was the worst loss in the history of the Miami’s football program. Korn Ferry will assist

Egon Zehnder Heading CFO Search For Scientific Games

Egon Zehnder has been retained by gambling technology provider Scientific Games to find its next chief financial officer. Scott D. Schweinfurth, its current CFO, has said he will retire at the end of the year. The company plans to consider both internal and external candidates to fill the CFO position, a common move today by companies looking for

ZRG Partners Expands Healthcare Services Practice

Former CTPartners’ recruiter Susan Baldwin has joined ZRG Partners as managing director to further build out the firm’s healthcare services practice. Her focus has been with healthcare payers, pharmacy benefit management, and specialty healthcare services companies. She serves a range of Fortune 500, non-profit healthcare, and private equity firms specializing in healthcare services. Ms. Baldwin, who joins ZRG’s Chicago

Boyden Appoints Managing Partner for Interim Management Practice

Executive search firm Boyden has added Simon Gough to its U.K. office as managing partner of its interim management practice. “We’re thrilled that Simon has joined Boyden to lead our interim management business,” said John Ellis, a Boyden board member and managing partner of Boyden U.K. “Interim will continue to play a pivotal role in our growth strategy in

Female CEO Pay Seen Outpacing Male Counterparts

Though they remain outnumbered in the top ranks in many companies by their male counterparts, female chief executive officers (CEOs) seem to be outpacing their male colleagues in terms of salary, according to research by the Associated Press and the executive compensation data firm Equilar. Last year, median pay for female chiefs increased to $15.9 million, a 21 percent

Koya Leadership Partners Recruits Glazer Children’s Museum CEO

Executive search firm Koya Leadership Partners has placed Jennifer Stancil as president and chief executive officer of the Glazer Children’s Museum in Tampa, FL. Ms. Stancil spent the last five years as executive director of educational partnerships at WQED Multimedia, the PBS affiliate in Pittsburgh, responsible for Mister Rogers Neighborhood. She created and directed WQED’s strategies for outreach

NorthWind Partners Places CFO at Centerra Group

NorthWind Partners, a boutique search firm focused on recruiting talent for the private equity sector, has placed Deborah Ricci as chief financial officer of Centerra Group. Managing partner Mark HuYoung, who leads the firm’s private equity practice, led the search; managing director Brian Thomas supported the assignment. With more than two decades of work experience with defense,

Norrie Johnston Recruitment Expands Technology Practice

U.K.-headquartered Norrie Johnston Recruitment (NJR), a specialist in global executive search and interim management, has bolstered its technology division with the additions of Mark Gillham as a recruitment director and Richard Rogerson as an associate. Mr. Gillham will focus on technology and business transformation. He has over 20 years of experience in senior level permanent and

NPAworldwide Continues Growth Across The U.S.

Member-owned recruitment network NPAworldwide has added three new member firms in the U.S. Membership in the network allows independent recruiters to serve their clients and candidates by partnering with other member firms on a split-fee basis. Greensboro, NC-headquartered Omnia Search LLC is a specialized search and consulting firm dedicated to the needs of colleges, military/government, non-profit and the

As Presidential Term Nears End, Search Firm Helps Government Lawyers Re-Enter Workforce

The McCormick Group has placed Jodi G. Daniel as a partner at Crowell & Moring LLP, an international law firm with more than 500 lawyers representing clients in litigation and arbitration, regulatory, and transactional matters. The search was led by principals Ivan Adler and Linda Segal along with consultant John Hesse. At Crowell & Moring, Ms. Daniel will provide

MWM Consulting to Head Zurich Insurance CEO Search

London-based executive recruiters MWM Consulting has been selected by the Zurich Insurance Group AG to lead its search for a new chief executive officer. The company is seeking a replacement for current CEO Martin Senn. With more than 55,000 employees, Zurich Insurance provides a wide range of general insurance and life insurance products and services and serves customers in

Russell Reynolds Strengthens Board Effectiveness Practice

Russell Reynolds Associates has added Anthony Goodman in Boston as a member of its board effectiveness practice. “Our board effectiveness practice is expanding to help clients build stronger and more vigorous boards,” said Mark Adams, leader of the firm’s operations in the U.S. “Anthony’s experience will add to the strength of the team and help us provide world-class

Cripps Sears Continues Expansion Into Sub Saharan Africa

Executive search firm Cripps Sears & Partners has continued its international expansion with the addition of Ted Theodore. Based in Lagos, he will be heading the firm’s office there and will work closely with its practice leads in developing business in Sub Saharan Africa. Mr. Theodore worked with Shell for two decades in diverse HR and business roles,

Witt/Kieffer Names Board Services Chair

Witt/Kieffer has transitioned Jena Abernathy to lead the firm’s board services practice as managing partner/chair of board services. She also serves on the firm’s board of directors. Jim Gauss formerly led the practice. As a senior partner, Mr. Gauss will remain involved with the firm’s board services practice, as well as its healthcare practice. Ms. Abernathy, based in Witt/Kieffer’s Atlanta office, began

Are We Approaching a ‘Tipping Point’ In Gender Leadership Equality?

Women at Canadian companies only account for 8.5 percent of chief executive positions among the country’s top 100 companies, but advocates are optimistic that number will rise in coming months. Canada’s new Prime Minister Justin Trudeau set a milestone in Canadian politics recently when he unveiled a new cabinet with equal numbers of men and women. When asked

CPS Energy Taps Korn Ferry To Find Its Next CEO

CPS Energy has selected Korn Ferry to lead its search for a new chief executive officer. Current CEO Doyle Beneby is leaving the organization to join Chicago-based New Generation Power International. Paula Gold-Williams, currently its group EVP and chief financial officer, has assumed the interim CEO role as Korn Ferry conducts the search. “We have made great progress,

Talentsoft Receives Funding From Goldman Sachs

Talentsoft, a global, privately held leader for cloud-based talent management solutions, has completed a funding round of $27 million. The round was led exclusively by Goldman Sachs’ merchant banking division. The company’s software application suite provides an end-to-end talent management solution, ranging from recruiting to learning, and from compensation to performance management. Talentsoft targets both mid-market and

Coleman Lew Heading Big Brothers Big Sisters CEO Search

Executive search firm Coleman Lew + Associates has been selected by Big Brothers Big Sisters of Greater Charlotte to lead its search for a chief executive officer. The CEO will report to the board of directors and lead the BBBS agency to ensure that the mission, strategy, values, and goals of the organization are achieved. Big Brothers

Conroy Ross Partners Expands Executive Search Practice

Executive search firm Conroy Ross Partners has named Terry Stein as vice president with the firm’s executive search practice. He has an extensive background in recruiting and talent management for organizations in the energy, professional services, healthcare, manufacturing, construction and property development industries. Prior to joining Conroy Ross, Mr. Stein was a partner in a boutique search

The Specialist Global Boutique: Challenges and Opportunities in Life Sciences

One of the hallmarks of outstanding companies is that they have a knack for being one step ahead of others in understanding where the market and the innovations that drive it are headed. Bianca Coulter has built a career out of staying ahead of that curve. After a successful 10-year stint with Korn Ferry in

Russell Reynolds Taps Outsider to Run L.L. Bean

Russell Reynolds Associates has recruited Stephen Smith as president and chief executive officer of Maine-headquartered L.L. Bean. He replaces Chris McCormick who has served as president and CEO since 2001 and is retiring in three months. He will be the fourth president in L.L. Bean history and the first outsider to lead the company. Mr. Smith

Allegis Partners to Recruit CHRO for The Children’s Place

Global executive search firm Allegis Partners has been retained by The Children’s Place to recruit a chief human resources officer (CHRO). The position is based in Secaucus, NJ, and will report to Jane Elfers, chief executive officer. Leading the search is Mike Bergen, managing partner & global practice leader, HR, and Cher Murphy, managing director, human resources. Demand for

Judith von Seldeneck Receives 2015 William Penn Award

Diversified Search founder and chairman Judith M. von Seldeneck has been honored as this year’s recipient of the Greater Philadelphia Chamber of Commerce William Penn Award. It is the highest honor bestowed upon a business executive in Greater Philadelphia. Awarded annually since 1949, recipients are chosen for their outstanding contributions toward the betterment of the region,

Executive Search Firms Continue Expansion to Latin America

Executive recruiting firm Proco Global Group has opened a new office in Mexico City and appointed Gabriela Bautista to lead the new location. She will reports to Girado Suarez, managing director of the firm’s New York office. The new office will cover recruitment in the automotive, aerospace, food & beverage and processing chemicals sectors. Ms. Bautista will be supported

Penna Plc Reports 20 Percent Net Revenue Spike

Penna Plc, a provider of executive search and interim management services across the public and private sectors, has announced significant increases in six-month revenue, its best half year performance since the Great Recession began. The firm’s interim unaudited financial results for the six months ended September 30 shows a 15 percent increase in gross revenue to £47 million and

DHR Lands CEO for Tampa Bay Partnership

DHR International has recruited Rick Homans as president and chief executive officer of the Tampa Bay Partnership. The search was completed by David Smith, partner – economic development, and Tina Winner, a partner at DHR’s Jobplex. The Partnership conducted a nationwide search and interviewed candidates in Florida and throughout the U.S. Mr. Homans previously served as president

Spencer Stuart Recruits Barclays CEO

Spencer Stuart has recruited James Staley as chief executive officer of Barclays Plc. Executive chairman John McFarlane ousted CEO Antony Jenkins and had pledged to tackle a “cumbersome and bureaucratic” bank. Mr. Staley has nearly four decades of experience in banking and financial services. He worked for over 30 years at J.P. Morgan initially training as a commercial banker, and

Tatum Adds Integration Specialist In Houston

Tatum, a Randstad company and leading interim services and executive consulting firm, has added Eric Marin as a client service partner in the firm’s Houston office. He will be responsible for developing Tatum’s business in the Houston market with a specific focus on CFO and CIO services. “Throughout the course of his career, Eric has earned

Appointed Partners Launches to Serve Private Equity and Fortune 1000 Companies

Appointed Partners, a leadership advisory solutions firm, has been launched by Marci Nigro. The firm was created to connect private equity and Fortune 1000 companies with qualified board director and C-level leaders. The new plans to focus on board diversity, next generation leadership, and cross-functional board expertise. Ms. Nigro brings 25-plus years of experience in

Social Media Now No. 1 Global Platform for Finding Talent

Nearly two-thirds of companies (65 percent) found new hires through social media in the past year, according to a just-released Society for Human Resource Management survey entitled The Importance of Social Media for Recruiters and Job Seekers. The report was produced in collaboration with Ascendo Resources. Fifty-seven percent of organizations reported finding new employees through LinkedIn, 30

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