DAILY NEWSWIRE - TOP STORIES
Finding top revenue producers is the main challenge facing executive recruitment firms today, says Ken Vancini, founder and CEO of Innova International and a consultant to the search sector. To land them, search firms must understand the marketplace as well as the needs of partners and revenue producers coming in. Discipline is also essential. Mr. Vancini sat down with Hunt Scanlon Media to address these issues, and much more.
Research has revealed a paradox at the heart of current debates around upskilling. On the one hand, the vast majority of U.S. workers believe it’s imperative to train for and develop new skills in order to keep up with changes in the workplace.
It’s an all-out war for talent these days, according to recruiters and talent leaders, and that’s making demand for executive search firms stronger than ever.
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020.
The sports and entertainment field is among the most active and fast-growing sectors for executive search businesses, with many C-suite-focused recruiting firms having been drawn to it. Recently, Russell Reynolds Associates placed David Pemsel as the new CEO of English football’s Premier League. He will begin his role “no later than April 2020,” and replaces Richard
AGB Search, a Washington, D.C.-based recruitment firm, is looking for a new president for Nazareth College in Pittsford, NY. Consultants Oscar Page and Shannon McCambridge are spearheading the assignment. This spring, Daan Braveman announced that he would be retiring next June after 15 years as president. He is the longest serving leader in the private
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Executive search firm EFL Associates has been enlisted to find the next president for Missouri Southern State University (MSSU). Alan Marble, who has been the university’s president since 2014, announced in August that he would be retiring effective June 30. EFL Associates was one of two finalists out of six search firms which sought the assignment.
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?
Executive recruitment firm Bridge Partners has opened a new office in Chicago and named Ryan Whitacre as a partner. Mr. Whitacre is a strategic advisor and talent spotter to hiring managers, boards of directors and search committees for leadership roles including board, C-suite and function heads across sector and industry. He is dedicated to identifying and recruiting
The value of combining Big Data with statistical predictive modeling has been highly touted in recent years. The idea is to apply advanced computing capabilities to talent-related data to better predict employee behavior. “This people analytics approach has been adopted with the aim of simultaneously doing a better job of improving performance, acquiring top talent
Executive recruitment firm Development Guild DDI, which focuses on the non-profit sector, has named Victoria Jones as president and Deborah Brown as chief operating officer. “I’m delighted to share that Victoria Jones is our new president,” said CEO Suzanne Weber. “Victoria’s new role along with the promotion of Deb Brown to COO will drive our continuous
With the integration of technology into all facets of everyday life, the life sciences and healthcare industry is hardly alone in facing technology-related issues. These take on increased importance when they impact health, disease diagnosis, treatment and, ultimately, human longevity. Having the right leaders in place to sort through these complex challenges, say recruiters serving
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. Overseas, fold in Brexit and you have an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and
Singapore-based Hofer Tan & Partner has expanded its global operations with the addition of a new office in Hong Kong to serve key Asian markets and meet rising client demand. The Hong Kong office will work closely with the existing headquarters in Singapore to offer region-wide service in all areas of executive search, board and
In an increasingly complex and stressful world with blurred lines between personal and work lives, workers at all levels need total well-being in all aspects of their lives. Expectations at work and home are no longer distinct or neatly separate – they are becoming one and the same. Savvy companies know that workers who are well
Executive recruiting firm Crist|Kolder has been selected by HanesBrands in Winston-Salem, NC, to lead a comprehensive search for a new chief financial officer. Barry Hytinen left the company in November and current chief accounting officer and controller M. Scott Lewis is serving as interim CFO while the search is underway. In its CFO search, HanesBrands is considering
Universities continue to turn to executive search firms to find new athletic directors. Western Carolina University (WSU) has enlisted Todd Turner of Collegiate Sports Associates to lead its search for a new director of intercollegiate athletics. The school decided not to renew the contract of former AD Randy Eaton. WSU is hoping to have a new leader of Catamount athletics
Toronto-headquartered Optimum Talent has expanded with the additions of Mark Shayna as vice president and market leader of executive search in Manitoba and Debbi Ragogna as vice president of executive search in Toronto. Mr. Shayna has had a 30-year career in sales and recruitment. After 12 years working with Xerox Corp., Baxter Corp. and Pharmacia, he made
Dubai-headquartered executive search firm Pedersen & Partners named Alvaro Arias Echeverria as global head of the firm’s private equity practice group. Mr. Arias Echeverria has been in charge of Iberia and Latin America at Pedersen & Partners for almost a decade and has co-headed the global private equity practice for over two years. With more than 15
After vetting several national search firms, American University in Bulgaria (AUBG) has retained the services of Boston-based recruitment firm Lindauer to find its next president. Past president Steven Sullivan announced that he will be returning to his full-time teaching position at the school. Recruiters Jill Lasman and senior consultant Gretchen Dwyer are leading the search for his replacement. David
London-based executive search firm Wilton & Bain has recruited Peter Rampling as chief commercial officer and Dale Kirkwood as chief technology officer of Community Fibre, a gigabit broadband U.K. internet service provider with a vision to deliver full fiber coverage to 500,000 homes in London. Jay Siddiki and Daniel Harrison, both principals within the global telecoms, media and technology functions at Wilton & Bain, led
Solomon Page has expanded with the addition of Luigi Frezza as managing director and global practice lead for life sciences. Reporting to president and global practice leader Marc Gouran, he will be based in the firm’s London office and drive the growth of the life sciences team globally by partnering with companies in the pharmaceutical, biotech,
Executive recruitment firm Russell Reynolds Associates has added Zack Deming as a consultant in the firm’s industrial practice and Americas practice leader for transportation and logistics. Based in Atlanta, he will be expected to work closely with transportation, logistics, airports and aviation-related companies, as well as private equity and infrastructure funds that invest in this space, to advise them
Brentwood, TN-headquartered recruiting firm Vaco continues to expand, recently opening a new office in West Palm Beach, FL and adding two key leaders: Matt Walter becomes co-managing partner of the technology practice and Albert Llodra joins the firm as managing director. South Florida is a key growth market for Vaco, serving more than 7,000 clients and some
The old paradigms of the global economy have experienced a tectonic shift over the past few years, and perhaps the most significant of them is this point of view: Emerging economies grow at high rates and developed economies grow more slowly or are in decline. “This dictum has been turned on its head recently – nowhere
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits are handling multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Just recently, both Ohio State and Emory University chose Isaacson, Miller to lead their respective president searches as
The Christopher Group (TCG) has placed Jennifer Lentine as the new head of total rewards at Nu Skin Enterprises. The search was completed in just 45 days by recruiters Nathaniel Schiffer, Kristen Pace and Amy Bott. “I am thrilled to have once again partnered with The Christopher Group to find extraordinary talent to join my team,” said Jeff Bettinger, CHRO at Nu Skin.
Charlotte, NC-based executive search firm HARTZ Search has appointed Carol Maxwell as managing director and leader of its Dallas office. The firm said that it expects her to be an invaluable asset. “We are excited to announce the addition of Carol Maxwell to our leadership team at HARTZ Search,” said Mike Hartz, president and CEO
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted in the placement of Jonathan Holloway as the first black president of Rutgers University. He was selected from a pool of more than 300 applicants. R. William Funk, president of the Dallas-based recruitment firm, led the search. Robert L. Barchi
Chicago-based Hanold Associates has expanded with the addition of Joe Costello as a partner. He specializes in recruiting executive level HR leaders across industries. His core focus is on technology, private equity and medical devices with a broader focus in the healthcare industry. “While we specialize in HR across industries, we are looking to continue adding depth
Dale E. Jones and Andrew Wheeler of Diversified Search have placed Honest Company CFO Muhammad Shahzad and former Kids2 CFO Lorna Street as members of the board of trustees for the March of Dimes Foundation, a non-profit fighting for the health of mothers and babies. In their roles as trustees, they will share their unique skills and knowledge to address the country’s urgent
Executive search firm Fisher Leadership has placed the new chief executive officer for Merri Health, one of the largest community health providers in the state of Victoria, in southeast Australia. Tassia Michaleas, who had been general manager, family and community, with Merri Health, is charged with driving future growth in metropolitan and regional areas, said Melbourne-based
Employers added just 75,000 jobs last month as the U.S. unemployment rate remained at 3.6 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. Economists had estimated that 175,000 jobs were to be added last month, according to a Bloomberg survey. “There’s increasing evidence that the ongoing trade war here is beginning
After an intensive 15-month review of more than 3,000 executive recruiters across the U.S., Europe and Asia, Hunt Scanlon Media has just released its executive report tracking developments in the field. “The recruiting sector is now in its golden age,” said Scott A. Scanlon, founding chairman and the report’s editor-in-chief. “The entire talent industry is at an
Global leadership advisory firm Allen Austin has been selected by Baylor College of Medicine to lead its search for a new chief information officer. Leading the assignment are chief executive officer Rob Andrews, managing partner Jim Thompson, and senior partner Brian Johnston. Baylor College of Medicine, located in the Texas Medical Center in Houston, is a health sciences university. It
London-based Hanover Search Group (HSG) has named Harry Bromacombe as a senior consultant. He will initially focus on senior and strategic finance and accounting assignments across the U.K. insurance and asset management sectors. During his career he has placed a number of senior hires across the insurance and investment management markets at head of finance, CFO
Executive search firm Koya Leadership Partners has placed Michael A. Strautmanis as vice president of civic engagement for The Barack Obama Foundation. He will be tasked with developing and leading the execution of outreach efforts and civic engagement relating to the work of The Foundation. Mr. Strautmanis was selected from a pool of candidates and was
Burke • Gillis • Juliano Group (BGJ), a management consulting firm focused on providing solutions for the extended retail value chain, has expanded its practice into executive search with the appointment of Len Okyn as senior search consultant. Mr. Okyn joins BGJ from Lawrence James Associates, where he was president and CEO in charge of managing
Despite worrisome breaches in recent years, corporate America has a limited grasp of the growing and continually evolving threat of cyber incursions. Massive security lapses have left companies vulnerable and seemingly defenseless. And the ever-expanding convergence of web, cloud, social, and mobile technology makes the dangers greater than ever. Most companies, according to Jeremy King,
Korn Ferry has recruited David M. Gibbons as executive director of the Massachusetts Convention Center Authority (MCAA). He becomes the third leader in the history of the MCCA, taking over for James Rooney, who left it to run the Greater Boston Chamber of Commerce. In his role, Mr. Gibbons will oversee ownership and operations of the Authority’s four facilities,
Global life sciences search specialist Coulter Partners has named Elizabeth McCabe as executive vice president in Morristown, New Jersey. She joins the firm’s U.S. team, while further enhancing Coulter Partners’ international networks. Ms. McCabe joins the firm with a focus on C-level and VP-level assignments across a broad spectrum of functions, for early stage to well-established
Executive search firm Quick Leonard Kieffer has placed Michael Cotton as chief executive officer of Providence Health Plan in Portland, OR, part of the integrated delivery system of Providence Health & Services. Mr. Cotton brings to the position over 25 years of diverse managed care and healthcare consulting experience, with a background in both operations and strategy. He
Executive search firm Kincannon & Reed has added Phillip Osborne as a managing director in Australia / New Zealand. Mr. Osborne’s background includes CEO and CFO positions in the FMCG, beverage, food and food ingredients, and agribusiness sectors. In addition, he led turnarounds and recovery efforts on behalf of private equity firms and has consulted in the fields of genomic research, food
Russell Reynolds Associates has opened a new office in Dubai. Stephan Schönwälder serves as managing director and area manager of the new location. The firm now has 46 offices in 26 countries. “Our firm was first in our industry to establish a Middle East practice,” said CEO Clarke Murphy. “Our Dubai office is another important step in the global
Advance Auto Parts has retained Spencer Stuart to lead its hunt for a chief executive officer. The search will include internal and external candidates, including president George Sherman who has been appointed interim CEO, effective next month. The search process is being overseen by the board’s nominating and corporate governance committee, which is comprised of committee chair Jeff
FARO Technologies has retained Heidrick & Struggles to lead its search for a chief executive officer. Dr. Simon Raab, its chairman and co-founder, has been named interim president and CEO, effective immediately, following the resignation of Jay Freeland as president and CEO. “We believe Simon’s leadership through the transition period to a new CEO will provide more effective decision making across
Executive search firm Harvard Group International (HGI) has added two new members to its executive search team. Jeff Doyle, a veteran of the sports consulting and sponsorship sector, joins the firm’s International’s global sports & entertainment practice and will be leading a new practice in the brand marketing and agency space. He has extensive experience working with
Former CTPartners recruiter Laurence Vallaeys has joined executive search firm Warren Partners as a director where she will augment the firm’s capability in senior executive and non-executive recruitment in the FMCG, retail and leisure sectors. Ms. Vallaeys’s track record spans both executive and non-executive placements including chairs and CEOs. She has more than 20 years of experience in assisting board
ZRG Partners represents a new breed of talent management provider – smaller, more intensely focused, with global reach. The firm’s CEO, Larry Hartmann, stands at the forefront of today’s leadership solutions industry, redefining a field once dominated by large, generalist players. Like its mid-sized rivals, ZRG Partners promises more attention to client’s needs and they
Gerard R. Roche, arguably the best known recruiter in the history of executive search, will announce later today his retirement from Heidrick & Struggles. Mr. Roche, 84, will officially step down at the end of the year and will retain the title of chairman emeritus. In a career spanning more than five decades, Mr. Roche specialized in CEO
Diversified Search has recruited Jyoti Chopra as a member of the North American diversity advisory board for Toyota Motor Corporation. Earlier this fall, Diversified placed Howard W. Buffett, a lecturer in international and public affairs at Columbia University, to the same board. Both searches were led by Patrick Prout, managing director with responsibility for the firm’s financial services practice.
DHR International has added Kenneth Schwenke to the firm as a partner based in the firm’s Philadelphia office. He becomes a member of DHR’s board & CEO and human resources practice groups. Mr. Schwenke is an experienced consultant in finding executive talent, having conducted more than 400 searches for employers and clients across a wide range of industries and in
Executive search and interim management partnership Eton Bridge Partners has made three new additions to its team. Ross Dawson joins the firm as a partner specializing in interim management within the business transformation practice. Ms. Dawson has over 10 years interim recruitment experience and specializes in executive level interim appointments within business transformation. She was previously a business
Korn Ferry/ (NYSE:KFY) posted second quarter revenue of $280.6 million, an increase of 9.7 percent compared to $255.7 million a year ago. The company beat analysts’ estimates of $276.3 million. The $24.9 million revenue rise is primarily due to increases of $10.1 million, $7.5 million, and $7.3 million in fee revenue in Futurestep, executive recruitment, and leadership & talent consulting, respectively. The overall increase was
ZRG Partners has entered into an agreement to acquire certain assets of Pyramid International, a 10-year old executive search firm located in Lausanne, Switzerland. As part of the asset acquisition agreement, AJ Ravenhorst, the firm’s CEO, will join ZRG as a managing director and a member of the firm’s global life science practice. The transaction
New York-based Work&Partners LLC has been retained by Clarity Solution Group to identify a new chief marketing officer. Alan J. Work is leading the search on behalf of Work&Partners. “I am very excited to work with Tom Thimot and his leadership team on this critical hire,” said Mr. Work. “Clarity is poised to make a significant impact on
Executive search firm TD Madison & Associates has recruited Chris Bastian as the senior vice president and chief technology officer of the Society of Cable Telecommunications Engineers (SCTE). After an extensive search into the cable and telecommunications technology industries across the country, TD Madison and SCTE determined that Mr. Bastian, a leader in the cable industry, was the ideal
Tatum, an interim services and executive search firm, has added Paul Kruglik as office managing partner for its Pacific Northwest practice. Based in Seattle, he is responsible for leading Tatum’s practice in the region. Mr. Kruglik served as managing director for a professional services firm in the Seattle area. In this capacity, he was responsible for
A majority of America’s hiring managers and corporate recruiters expect to increase hiring in the next six months, according to the annual hiring survey by DHI Group, Inc., a provider of career data and insights for specialized professional communities. The latest survey found 61 percent of respondents in the U.S. anticipate more hiring in the first
Spencer Stuart has recruited Drew Green as chief executive officer of Indochino. Co-founder and outgoing CEO, Kyle Vucko, will continue as a strategic advisor to the company. A high-growth management veteran and iconic Internet entrepreneur, Mr. Green has spent his entire career connecting online audiences with retailers through advertising technology, e-commerce and marketplace platforms in the U.S.,
Caldwell Partners has expanded into the Australia/New Zealand market by forming a strategic partnership with Simon Monks, Nick Scarlett and their teams, based out of Auckland, New Zealand. Under the affiliation agreement, the team in New Zealand will operate exclusively under the Caldwell Partners brand and will have access to Caldwell Partners’ proprietary search methodology, processes, training and certain other intellectual property.
Executive search firm Hunt Partners has invested an undisclosed amount in Feelance Consulting, a yet-to-launch online marketplace that will connect users with part-time resources for consulting projects. Feelance will use the money raised to scale up operations and expand geographically, said co-founder Harshdeep Rapal. The company expects to launch next month. “There is an emerging trend where
Executive search firm Teri Black and Company has been retained by the City of Santa Monica to lead its search for a new fire chief. Michael Earl, the city’s human resources manager, said the highest annual salary being considered for a new chief is $271,572, or a four percent increase over the yearly salary earned by former fire
Continued optimism ranks high among U.S. employers as they enter 2016, according to the latest Manpower Employment Outlook Survey. Taking into account seasonal variations, the company’s Net Employment Outlook is +17 percent, making anticipated hiring in the first quarter of 2016 highly stable compared to fourth quarter 2015 and last year at this time. This represents