DAILY NEWSWIRE - TOP STORIES
In these unprecedented times, people are stressed, confused, worried, perplexed and in various stages of emotional overload while the daily influx of troubling news continues.
The COVID-19 outbreak is making its way through the business world and costing organizations billions of dollars in lost revenue.
Americans displaced by the coronavirus crisis filed unemployment claims in historic numbers, with the Labor Department reporting Thursday a surge to 3.28 million.
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. ZurickDavis, a search firm that recruits executives and physician leaders for
Global talent solutions provider Wilson Human Capital Group (WilsonHCG) has partnered with Profile Search & Selection (Profile), a Hong Kong-based human capital solutions specialist, as it continues its expansion across Asia. Profile, which was established in 2005, is headquartered in Hong Kong and has offices in Singapore, Shanghai and Beijing. With more than 100 consultants, Profile provides
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Employment surprisingly rose by 4.8 million in June as the U.S. unemployment rate fell to 11.1 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. These improvements in the labor market reflect a limited resumption of economic activity that had been curtailed in March, April and May due to the coronavirus (COVID-19) pandemic and
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?
Following a nationwide search, C. Wayne Alderman and Alan Medders of Anniston, AL-based Higher Education Leadership Search have completed the search for the new dean of the college of business for Arkansas Tech University (ATU). K. Russell Jones will start in his new role with the university on Monday. “Dr. Jones is an experienced academician and administrator who is
Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of Mitch Ornstein as managing director. Mr. Ornstein, who will work from the firm’s Chicago office, brings more than 15 years of executive search experience in placing senior leaders across all functions to his new role. He will serve as 20/20 Foresight’s functional expert in the CFO
In January 2020, women constituted more than 50 percent of the American workforce. Six months and 15 million jobs later, this may not be the case, according to a new report by Odgers Berndtson and co-authored by Catherine Bass Black and Lisa DeConto. “It’s been widely recognized that women in the United States are being disproportionately affected
Irvine, CA-based search firm McDermott + Bull has placed former American Montessori Society executive Timothy Purnell as the new CEO for NEXT for AUTISM. Chris Bull, managing partner and co-founder of the search firm, led the assignment. Mr. Purnell has a proven track record as an innovative leader, strategic planner and inspiring educator. He transitioned
Digital-focused executive search firm Hightech Partners (HTP) has expanded with the addition of Jean-Christophe Legrand, a senior executive in technology and digital, to help develop the firm’s international business. His appointment strengthens HTP’s strategy as a global leader in the field of digital executive-level recruitment, but also as advisor to clients on the talent aspects of digital
Turnkey Search, a subsidiary of Turnkey Sports & Entertainment, has assisted the Detroit Pistons in the recruitment of former Roc Nation executive Mike Zavodsky as its new chief business officer. The role is a new position for the professional basketball organization. Mr. Zavodsky begins work with the NBA team on Wednesday. He will report to Pistons vice chair Arn Tellem.
Top experts in talent management and leadership recruitment agree that filling an interim leadership position can be a significant opportunity for an organization. Focus Search Partners, the executive search division of talent solutions provider Vaco, recently launched an interim executive services practice to leverage the firm’s 20-year history. The firm tapped C-suite talent veteran Monica Foster to lead the
IRC Global Executive Search Partners has strengthened its global presence adding VIPJOBS LLC as a new member firm in Russia. The organization says that Russia is a market with significant talent and strong demand for leadership capabilities. “With IRC Russia, our worldwide executive search firm alliance has secured a strong foothold to support our international clients,”
Leaders may automatically default to the bottom line and focus on the financial damage that COVID-19 is causing—and for good reason. But many employees place greater emphasis and importance on the support they are receiving from leadership, according to a new report from Robinson Resource Group. “People need to know that even though their leader is
The Christopher Group has placed Michelle Jones as the new chief human resources officer (CHRO) at the American Society of Health-System Pharmacists. The search was completed by founder and CEO Tom Christopher, recruiting director Jeff Wilbanks and senior operations manager Matthew Duda. “Partnering with TCG and Jeff specifically was absolutely fantastic,” said Ms. Jones. “COVID-19 hit during the process and
Chicago-based search firm DHR International has expanded with the addition of Rob Tillman as managing partner of its global financial officer practice. He will also serve as a key leader in the firm’s private equity and advanced technology practices and will work closely with DHR’s advisory services team, Elevate Partners. Mr. Tillman has served with three of
San Diego, CA-headquartered executive search firm Bespoke Partners has assisted in the placement of Linda Buan as chief technology officer of Clearlake Capital Group-backed Provation. Ms. Buan had been serving as the company’s vice president, product development and operations. “Innovation, quality and service have long been defining characteristics of Provation’s software solutions, and our chief technology officer
As the healthcare sector continues to expand and reshape itself, vanguard organizations in the field are looking to bolster their leadership ranks. In demand: multi-skilled executives, physician leaders and nurses who can effect change on many levels. Of the four major C-suite roles in the typical hospital, the chief nursing officer has traditionally been the most
Executive recruitment firm Russell Reynolds Associates has hired Amy Scissons as its new chief marketing and communications officer. She is based in New York and also serves as a member of the firm’s operating committee. “We are delighted to have Amy join our senior leadership team,” said Clarke Murphy, CEO of Russell Reynolds Associates. “Her
As businesses reopen and COVID-19 cases spike in more than half the U.S., the Labor Department reported this morning that 1.48 million more Americans filed new claims for state unemployment benefits last week, the 14th week in a row that the figure has topped one million. Economists surveyed by Dow Jones had been expecting 1.35 million
JM Search, a senior-level talent provider serving private equity investors, portfolio companies and Fortune 1000s, has formed a dedicated cybersecurity practice to assist public and private equity-backed companies in identifying and recruiting high-performance leaders. Partners Kevin Kernan and Tom Figueroa will co-lead the firm’s center of excellence for cybersecurity leadership. The search firm brings a
Rich Perkey and Jeremy Zeman of Caldwell recently assisted CrossFirst Bankshares based in Leawood, KS in the placement of Mike Maddox as its new president and chief executive officer. His successor, George F. Jones, will continue to serve on the company’s board of directors through 2021 and will serve as vice chairman. “I am excited to welcome Mike
If there was ever a moment in recent history where human capital leaders were challenged to play a strategic part in their organization’s survival and growth, that defining moment is now. In just a few short months, the once-thriving global economy has been toppled by the pandemic. Helping organizations safely return to work sites will
The National Oceanic and Atmospheric Administration (NOAA) has retained Darren DeGioia of JDG Associates to find its new chief financial officer/ chief administrative officer for its National Environmental Satellite, Data, and Information Service (NESDIS) division. NESDIS, based in Silver Spring, MD, is charged with providing secure and timely access to global environmental data and information
Boyden has added former Goodwill CEO Jim Gibbons and accomplished psychologist Christina Greathouse as senior advisors. “Jim and Christina are tremendous additions as senior advisors to Boyden’s CEO and board services practice – they will consult to our partners and clients globally,” said Craig Stevens, a Boyden board member, U.S. chairman and managing partner. “I have had the privilege of working with both
The COVID-19 pandemic has had a big impact on every business sector, executive recruiting included, costing organizations billions of dollars in lost revenue. Goldman Sachs estimates that economic growth around the world will be zero in 2020 thanks to the virus. To many, even that seems grossly underestimated. But the coronavirus is causing far more than
Providence, RI-headquartered KLR Executive Search Group has assisted Harvard University Employees Credit Union (HUECU) in the recruitment of Craig Leonard as its new president and CEO. Gene Foley, who has been with the credit union for four decades and led it for 25 years, is retiring in July. Partner Susan Pardus led the assignment for the recruitment
AMN Healthcare, a provider of healthcare total talent services to facilities, has launched a customizable, technology-enabled and clinically based service for businesses and other organizations to protect the health and safety of employees as they return to work. As businesses welcome back employees and clients amid the coronavirus outbreak, AMN Healthcare said that it requires
Since the start of the coronavirus outbreak, the operative word has been “unprecedented.” That’s true on a human tragedy level as well as for businesses. It’s no wonder that many leaders have found themselves in the same position as their employees—uncertain, confused, anxious. A new report by Korn Ferry offered the firm’s best advice for
Haddonfield, NJ-based executive recruitment firm True Search has placed the new chief executive officer of The Bouqs Company, a leading online floral retailer. Alejandro Bethlen brings over two decades of leadership and international experience in scaling global businesses for Fortune 100 companies including Amazon and Procter & Gamble to his new role. Mr. Bethlen will
Consolidation continues to make news in the executive recruitment sector. One firm that has been making big waves this year has been Rochelle, NJ-based ZRG Partners. In the wake of the completion of its recapitalization with RFE Investment Partners, a lower middle-market private equity firm with a long history of investing in growth companies, ZRG this
Stanton Chase International has recently added Dickson Smith, John DiBenedetto and Robert Mulligan to its Boston office. The move comes as the city and its outlying suburbs become attractive hubs for companies and the search firms that service their talent needs. Mr. Smith, who becomes managing director, has 25 years of executive search experience specializing in the recruitment of
Futurestep, a Korn Ferry company that provides talent acquisition solutions, has expanded its advanced technology practice with the additions of Joanne Cumper and Ian Mosby as managing consultants in its London office. Ms. Cumper, who will work within the firm’s digital business across EMEA, brings nearly two decades of experience, working predominately in the technology,
Hyperloop Transportation Technologies (HTT), a futuristic ground transportation business that claims it will one day ferry people and cargo at nearly the speed of sound, has retained Rosenzweig & Company to lead its search for a number of board and executive level positions. Founding partner, Jay Rosenzweig, is spearheading the assignment. Hyperloop is a conceptual high-speed
Grace Blue, an executive search firm focused on the communications sector, and SI Partners, a global consultancy and M&A advisor, have formed a strategic alliance to advise companies in the creative communications and digital technology space on M&A and leadership. Ian Priest, Grace Blue’s CEO, and Charles Fallon, a partner at SI Partners, will lead the effort
Executive search firm Key Corporate Services, LLC, has been retained by AmericanHort to lead its search for a new chief executive officer. David Savoia, former interim president and CEO of the company, has stepped down from his position to pursue other priorities. Todd Downing, a partner at Key Corporate Services, is leading the search. AmericanHort is currently operating under
Global executive search and advisory firm Heads! International has named Elspeth Renshaw as a partner based out of its Hong Kong office. She will lead diversity initiatives for the firm’s global clients. Ms. Renshaw will support the executive search firm on gender diversity specific assignments and will lead Heads’ global gender diversity advisory business. Prior to joining Heads! International, she ran her own global consultancy for three years,
Hudson Global Inc./(NASDAQ:HSON) reported 2015 full-year revenues of $463.2 million, down 20.3 percent (9.7 percent in constant currency), from $581.2 million in 2014. The results excluded the Americas IT and the Netherlands businesses which were sold during the second quarter of 2015. The New York-based recruiting company record net income of $2.3 million, or $0.07 per
For the fourth quarter in a row, CEO expectations on the economy remain mixed, indicating an economy performing below its potential, according to the Business Roundtable’s first quarter ‘2016 CEO Economic Outlook Survey.’ The report found that 29 percent of CEOs expect their company’s U.S. employment to increase in the next six months, but that is down from 35
Heidrick & Struggles has been selected by Unilife Corporation to lead its search for a chief executive officer. Unilife founder Alan Shortall has resigned as CEO and chairman, though he will remain with the company as a paid consultant. John Ryan, a senior vice president at Unilife, will serve as interim president and CEO. “Unilife has developed an industry-leading portfolio of injectable
Executive search firm Vardis has elected Jeremy Rickman as its executive chairman. Mr. Rickman has worked in the executive search industry in Europe and the U.S. for the past 18 years following a successful career in finance. Joining Russell Reynolds Associates in 1998, he established and developed the firm’s European CFO practice before moving to the U.S.
Executive search firm Pedersen & Partners has named Frank Behrendt as a principal and head of its financial services practice group in Africa. Mr. Behrendt is an emerging markets specialist and has originated and executed senior level searches for banks and financial institutions across Asia Pacific while based in Singapore, and Pan-Africa from London and Johannesburg. After spending
The search for top-flight talent is now a global industry where the largest search firms maintain dozens of offices across every continent. But advancements in technology have allowed even the smallest firms to compete far beyond the borders of their own countries. One recruitment organization is combining the range of the largest players with the
Australian cabinet minister for women, Michaelia Cash, has called for a stunning new target of 50 percent for female representation across all of her country’s government boards. The current gender diversity target stands at 40 percent. Each board will now aim for a minimum of 40 percent female representation, with a 50 percent target set
Executive recruiter Eastman & Beaudine has been selected by Rutgers University to lead its search for a head basketball coach. Eddie Jordan has been dismissed after the team went 7-25 this season and won just one conference game. This past December, Eastman & Beaudine placed Chris Ash as head football coach at Rutgers. The firm replaced Kyle Flood, who was fired after the
Executive search firm Robinson Resource Group has been retained by Loaves & Fishes to lead its search for a new president and chief executive officer. Past CEO Megan Selck has recently stepped down from her position. Board chair Mike Havala is serving as interim CEO. “The advancement of Loaves & Fishes requires the board’s due diligence in
Toft Group, an executive search firm focusing exclusively on the life sciences and healthcare sectors, has appointed David Felker as senior vice president of executive search and Gabriela Tobal (pictured) as VP of business development. Both will lead the expansion of Toft Group’s pharmaceutical practice, which according to the firm is seeing increased demand for specialized searches within
London-based executive recruiters Demeter Global Search & Board Advisers has strengthened its U.K. search team with the addition of Elaine MacDermot as a consultant. Ms. MacDermot has over five years of experience in the executive search industry focusing on both executive and non-executive hiring within the FTSE 350 and private sector. Previously, she was a director in the U.K.
Houston-based energy company, Cheniere Energy, has retained Spencer Stuart to lead its search for a chief executive officer. In December, Cheniere’s board voted to remove former CEO Charif Souki. The shake-up comes after activist investor Carl Icahn took a big stake in the company and won two board seats. Cheniere’s board felt the company needed a more experienced leader as it
Effective next month, Karl W. Alleman will serve as head of U.S. operations at Egon Zehnder as part of an extensive succession process underway at the firm. Greig T. Schneider, who has been in charge of American operations since 2011, has been elected to Zehnder’s board of directors. “Under Greig’s leadership, Egon Zehnder’s presence in the U.S.
The Confederation of North, Central America and Caribbean Association Football (CONCACAF) has selected executive search firms Korn Ferry and Major, Lindsey & Africa (MLA) to oversee the Confederation’s search for a general secretary and chief legal / compliance officer. Korn Ferry’s global sports practice will lead the search for a general secretary, while MLA will run the compliance officer
Russell Reynolds Associates has added Jeff Yolen in Boston as leader of the firm’s software practice on the East Coast. Mr. Yolen’s work focuses on software, mobile and digital search assignments for companies based across the U.S. and abroad. He works with publicly traded companies, and with private equity, growth equity, and venture capital firms to recruit
Cornerstone International Group, a global executive search and leadership development firm, has established its first presence in Japan and 17th in Asia with the addition of Human Future, a boutique firm based in Yokohama. “This is an exciting step for us,” said Human Future managing partner William Liu. “Japan used to be a region by itself
Leadership stands out as a business competency critical for success say executives from across business, according to the Society for Human Resource Management’s recent report: ‘Using Competencies to Achieve Business Success: The Executive Perspective.’ The study found that a significant number of executives reported that many employees and candidates lack leadership competency. More than one-third of
Washington, D.C.-based executive search firm Vetted Solutions LLC has been retained by the American Psychiatric Association Foundation to lead its search for an executive director. The organization’s new leader will work with the board and staff to increase financial support from funders, with a particular emphasis on increasing the number of APA members who support the foundation. Position
Hanold Associates has recruited Michael Goldwasser as chief human resources officer (CHRO) of Ferrara Candy Company. He will report to CEO Todd Siwak and provide leadership and strategic management while overseeing the company’s entire human resources function. Neela Seenandan, co-managing partner at Hanold, led the search. Mr. Goldwasser was previously CHRO at Orbitz Worldwide where he drove
Morgan Samuels, an L.A.-based human capital consulting and executive search firm, has appointed Linda Rebrovick as a senior client partner and co-leader of its healthcare recruiting practice. She will also lead the firm in the Nashville market. In her new role, Ms. Rebrovick will be responsible for client relationships and executive and board director searches for both public and private companies. Her
Atlanta-based executive search firm Matteson Partners has added Tom Shull as a new partner and practice area lead. His focus will include supply chain management, production / operations management and engineering positions within manufacturing and distribution organizations for domestic and international clients. Mr. Shull has over a decade of experience in corporate recruiting and over 25
Namely, an all-in-one HR software platform, has raised an additional $30 million in funding led by existing investor Sequoia with support from Matrix Partners, True Ventures and Greenspring Associates. The funding follows Namely’s Series C round last June and brings the total funding raised to $107.8 million. The Affordable Care Act (ACA) and rapidly changing regulations at local,
Executive recruiter Ryan Search & Consulting has formed a partnership with the Center for Creative Leadership (CCL) to provide clients with a deeper array of leadership development resources. A global provider of leadership development, Greensboro, NC-based CCL works with individuals, teams, organizations and companies to help them achieve their objectives through leadership development & organizational
Caldwell Partners has placed Robert Schneider as EVP and chief financial officer of Prime Risk Partners. Peter Reed, managing partner in Caldwell’s global insurance practice, led the assignment along with consultant Eric Roeloffs. Mr. Schneider has held senior financial executive roles, including CFO, at Ascension Insurance, USI Holdings, Anthem, and Acordia. He has managed the financial function
Executive search firm Witt/Kieffer has been selected by Alameda Health System (AHS) in Oakland, CA, to lead its search for a new chief medical officer. William T. Peruzzi MD, stepped down from the position in August. The search is being led by consultant Steve Yamada and associate Sue LeGrand. AHS is seeking a collaborative, inclusive physician leader to