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Daily Newswire

trends

Jobless Claims Edge Down as Recovery Continues

The Labor Department reported that 326,000 Americans have filed new claims for state unemployment benefits, an increase of 38,000. The previous week’s level was revised up by 2,000 from 362,000 to 364,000. The four-week moving average was 344,000, an increase of 3,500 from the previous week’s revised average. The previous week’s average was revised up

recruiting

Riviera Partners Assists HubSpot with Chief Product Officer Search

Today’s chief product officer is responsible for all product-related matters, according to executive recruiters who place them. The post typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work on product strategy based on goals set by

Sponsored Content

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.

trends

A Guide to Serving on a Search Committee

Search committees harness a range of perspectives to determine or advise on who will be placed in critical leadership roles. In offering their time, wisdom, and points of view during periods of change and transition, members of a search committee work together not only to fill a position but to build a bridge from one

Sponsored Content

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?

recruiting

SearchWide Global Seeking New Leader for Visit Florida Keys

Executive recruitment firm SearchWide Global has been selected by Visit Florida Keys to lead in its search for a new president and CEO. Senior vice president Kellie Henderson is spearheading the assignment. The CEO of Visit Florida Keys oversees the use of the tourism development taxes (TDT) collected in Monroe County, FL, through the Tourist Development Council

recruiting

Academic Career & Executive Search Seeking Dean for Boise State University

Academic Career & Executive Search (ACES) has been tapped by Boise State University to lead in its search for a dean for the College of Engineering. Jennifer Muller, managing partner, is leading the search. The next dean must have a growth mentality and future-oriented outlook for the acquisition and allocation of resources to address strategic goals that position the

trends

Advice to New CEOs Building Their Team: Lead with Purpose, Embody Culture & Be Decisive

In Spencer Stuart’s role supporting hundreds of CEO transitions annually, one of the most common aspirations they hear from incoming leaders is the desire to develop an executive leadership team of direct reports that is enterprise-focused, highly collaborative, accountable to each other and widely respected. This ambition is well-founded: Aligned leadership teams grow revenue more

performance

Caldwell Posts 12.8 Percent Revenue Gain

Toronto-based Caldwell posted Q3 revenues of $29.5 million (Canadian), a 12.8 percent gain from the same period a year ago. “Our team delivered significant revenue growth in the third quarter,” said John Wallace, chief executive officer. “Caldwell saw an 77 percent increase in professional fees over our second quarter, which we are attributing to two factors. First,

recruiting

The Moran Company Tapped by Options for Supported Housing to Find New Leader

The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has been retained by Options for Supported Housing to lead in its search for a new executive director. Ann Graff, senior search consultant, is leading the assignment. The executive director is responsible for leading the organization in conducting and facilitating operations, working to market

trends

AI to Inject Rigor, Value and Agility into the Talent Game

More than 75 percent of CEOs predict that AI will change their businesses in the next 36 months. That means the very structure of organizations and their future talent demands are in for one massive jolt. It also begs the larger question: What changes are in store for recruiters and talent acquisition leaders as AI

recruiting

Frederickson Partners Recruits Interim Chief People Officer for SeekOut

Many changes in the workplace today are making it hard for companies to find and retain top senior-level talent. This has caused more organizations to look to interim leaders to fill talent gaps. Global HR search firm Frederickson Partners recently assisted in the recruitment of Katie Coupe as the new interim chief people officer of talent intelligence platform

partners

Bay Street Advisors Expands Investment Banking Team

Executive recruitment firm Bay Street Advisors has expanded with addition of Rhona Crockett as a key member of its investment banking team. “Rhona’s extensive experience and proven track record in the industry make her an invaluable addition to our team,” said Larry Baum, founder and CEO of Bay Street Advisors. “Her expertise will significantly bolster our capabilities

trends

Why Every Private Equity Portco CEO Needs a Chief of Staff

The role of a chief of staff has evolved from its origins in the military and government to become a pivotal position in the corporate world. Initially coined by McKinsey for the U.S. government, the chief of staff role has transitioned into the private sector, proving particularly invaluable in private equity portfolio companies (portcos). For

recruiting

DRiWaterstone Human Capital Tapped by the San Diego Workforce Partnership to Lead CEO Search

Arlington, VA-based DRiWaterstone Human Capital has been selected by the San Diego Workforce Partnership (SDWP) to lead in its search for a new CEO. Senior consultant BJ Davis is leading the assignment. Following a competitive RFP process this spring, SDWP’s joint personnel committee selected DRiWaterstone Human Capital to lead the search due to the firm’s record

partners

Human Capital Solutions Expands to Miami

Human Capital Solutions a boutique consulting firm specializing in retained executive search, professional recruiting, and professional coaching, has opened a new office in Miami. The addition of an office in downtown Coral Gables, FL, is what Human Capital Solutions’ CEO, Bo Burch, believes to be a necessary step in the growth of the business. “With offices

trends

7 Ways To Build A Stronger C-Suite Leadership Pipeline

Hiring from within can often manifest itself in stagnant, slow growth environments. What PE operating partners have figured out is that talent – especially at the top of an organization – is the critical value creation lever. In case after case, that talent is injected from the outside. “When you need fresh insights, new approaches and a clear-eyed

recruiting

Academic Search Recruits Provost for Aurora University

Education-focused executive recruitment firm Academic Search has assisted in the recruitment of Paaige Turner as the new provost and executive vice president for academic affairs for Aurora University. Maya Ranchod Kirkhope led the assignment. “Dr. Turner is an exceptional individual who embodies the enterprising, service-oriented, and creative academic leadership that defines our university,” said Susana Rivera-Mills, president

partners

The ECI Group Adds BeecherHill as Newest Member Firm

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. The ECI Group, a global network of independent executive search firms, has added BeecherHill

trends

Leadership Confidence Falls to Three-Year Low

During the three years that Russell Reynolds Associates has tracked leadership confidence, the world has faced a relentless cycle of multiple, conflicting, and often unpredictable issues. From the conflicts in Ukraine and the Middle East and their destabilizing effects on the world, to inflation, rising interest rates, and the launch of ChatGPT igniting massive interest in

recruiting

Borrer Executive Search Recruits CHRO for Teoxane

CHROs have become critical stakeholders in defining the strategy of a company. Their job description calls for them 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,

launches

FMG Leading Introduces New Approach to Developing Next Generation Healthcare Leaders

Human capital advisory firm FMG Leading has unveiled a new approach to developing high-potential and next-generation healthcare leaders. “The data-driven, collaborative process has reliably delivered high value to healthcare organizations for more than four decades, preparing leaders to effectively navigate the industry’s most pressing challenges and yielding substantial, measurable results,” the company said. This process is

trends

The People Side to AI in the Workplace

AI, including generative AI, will automate tasks humans perform today, giving us the capacity to focus on strategic and creative tasks which only humans can do—those that require intuition, experience, empathy and the other attributes which will continue to elude the “smartest” AI is indeed reshaping how businesses operate, but people will remain at the

recruiting

Reffett & Associates Recruits 13th Architect of the Capitol

After an intensive, nation-wide search a bipartisan coalition from the United States Congress has named Thomas Austin as the nation’s 13th Architect of the Capitol . Seattle, WA-based Reffett & Associates assisted with the search. The assignment was led by Marshall Reffett, managing director in Seattle, and Washington D.C., along with assistance from the entire Reffett &

trends

Employers Add 206,000 Jobs in June

Employment rose by 206,000 in June as the U.S. unemployment rate rose slightly to 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed persons was 6.8 million in June. Job gains occurred in government, healthcare, social assistance, and construction. Among the major worker groups, the unemployment rates for adult women

performance

A Look at How Data-Driven, Tailored Search Drives Growth in Today’s Market

Executive search has entered a new phase of evolution. Recruiters say that while old-school search firms across the industry continue to ply the same old trade they always have, a new breed of search is producing outsized returns for clients. “At Bespoke Partners, we are at the forefront of this evolution,” said Eric Walczykowski, CEO

recruiting

Preng & Associates Recruits CEO for Kimmeridge Texas Gas

Houston-based Preng & Associates has assisted in the recruitment of David Lawler as CEO of Kimmeridge Texas Gas (KTG), an affiliate of Kimmeridge. “We welcome David to the Kimmeridge Texas Gas team as it enters a compelling new era of growth, while accelerating carbon neutrality through the development of environmentally responsible, low-cost energy assets,” said Ben Dell, managing partner of

recruiting

The Energists Assists Covenant Testing Technologies with CFO Search

Houston, TX-based executive search firm The Energists has helped to recruit Scott McReaken as the new CFO of oilfield services and equipment (OFSE) business Covenant Testing Technologies (CTT) in The Woodlands, Texas. Elizabeth Linhart led the search, supported by Jon Hill and the research team. “It’s been a pleasure getting to know the team at both

recruiting

McCormack+Kristel Helps Recruit New Leader for Project HOME 

Executive search firm McCormack+Kristel has placed Donna Bullock as the new CEO of Project HOME in Philadelphia. Ms. Bullock, who has served as a Pennsylvania State Representative since 2015, will join Project HOME this summer and build upon the incredible work of co-founders sister Mary Scullion and Joan Dawson McConnon who, over the past 35 years, have

acquisition

Atlantic International Acquires Lyneer Staffing Solutions

Atlantic International Corp. has acquired Lyneer Staffing Solutions, a 28 year old national strategic staffing outsourced services and workforce solutions company servicing the commercial, professional, finance, direct placement, and managed service provider verticals. Financial terms of the deal were not disclosed. Lyneer has over 1,100 customers, including, among others, enterprise scale customers UPS, DHL, FedEx,

Job Market Trends to Watch In 2018

2017 was a landmark year for hiring. Despite two major hurricanes and political turmoil in Washington, D.C., the U.S. economy forged ahead, adding more than 1.9 million new jobs and pushing stock markets to an all-time record high. After eight years of steady jobs growth, the nation’s unemployment rate hit a 17-year low this year.

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