DAILY NEWSWIRE - TOP STORIES
Women workers have been hard hit by the current economic crisis. The number of women who lost their jobs in April alone exceeds all of the jobs created for women in the years between the Great Recession and the current pandemic, says a new report by Odgers Berndtson. And because they do the majority of unpaid labor at home, women have been further burdened by the closure of schools, day care centers, camps and summer programs.
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.
The role of chief diversity officer is expanding at universities. It has 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 beyond that of most administrators. So
After a nationwide search by executive search firm Saenger Associates, South Carolina-based baby products giant Gerber Childrenswear has a new head of distribution for the company’s massive worldwide distribution center in the Charleston area. Katherine Hayes took the lead on the search for the Los Angeles-based recruitment firm along with Gary L. Saenger. The assignment took just
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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.
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?
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
Executive search firm WittKieffer has expanded into the Asia-Pacific market with the opening of an office in Singapore. Headed by managing director Anissa Low, the Singapore office will allow WittKieffer to operate on a global scale, to source talent across continents and serve clients in healthcare, education, and life sciences. WittKieffer selected Singapore as the regional hub
The coronavirus pandemic is threatening both lives and livelihoods across the globe. Catastrophes happen and most of the time we have no control over them. “However, our response as leaders is something we do have a control over, and that’s what more often than not defines the outcome of any crisis,” according to a new
Newton, MA-based Sage Search Partners, which specializes in higher education and non-profit institutions, has made two key placements that will help their clients address equity issues as well as the financial constraints of students, which is of particular concern during the current economic crisis as well as the Black Lives Matter movement. Marvin Smith will
Executive recruitment firm Russell Reynolds Associates has expanded with the addition of Paul Ballman as leader of its leadership and succession practice in the EMEA region. He will work with clients to deliver assessments and solutions to complex challenges faced by leadership teams across the globe. “We are delighted to welcome Paul to our leadership team,”
Despite the U.S. adding a record amount of jobs last month, the Labor Department reported this morning that 1.5 million more Americans filed new claims for state unemployment benefits last week. Economists surveyed by Bloomberg expected the Labor Department to report 1.3 million initial claims. The latest numbers reflect the persistent strain on the economy caused
Executive search firm Slone Partners has recruited Ingo Chakravarty as the new president and CEO of Mesa Biotech. He assumes leadership of the company less than two months after it received emergency use authorization from the Federal Drug Administration to market its 30-minute point-of-care molecular SARS-CoV-2 test. Mr. Chakravarty succeeds Dr. Hong Cai, co-founder and CEO of Mesa Biotech since
ZRG Partners, one of the fastest growing executive search firms, continues its rapid expansion to super boutique status by acquiring Toft Group, a smaller rival focused on the life sciences and biotech sectors. Financial terms of the deal have not been disclosed. Toft Group will operate as a ZRG company, focused on supporting client needs
ZRG Partners has established a footprint in Brazil with the addition of Denys Monteiro as chief executive officer. While ZRG has completed searches in the region, this becomes the firm’s first on-the-ground venture in the Brazilian market. Mr. Monteiro was most recently CEO of Fesa, Brazil’s largest independent executive search firm where he has worked for 18
Once again, executive search firm Hanold Associates has been retained to search for an organization’s chief human resources officer (CHRO), this time by Recreational Equipment, Inc. (REI). Founder and ex-Russell Reynolds Associates recruiter Jason Hanold will lead the search. Reporting to the company’s chief executive officer, Jerry Stritzke, the incoming CHRO will be a member of REI’s executive
Member-owned recruitment network NPAworldwide has added 10 new member firms. Membership in the network allows independent recruiters to serve their clients and candidates by partnering with other member firms on a split-fee basis. Uruguay-headquartered Advice provides recruitment services in the areas of telecommunications, pharmaceutical, health, financial services, power, logistics and transport, information technology, forestry, food & agriculture, public sector,
Women are under-represented in the workforce globally, and if organizations maintain the current rate of progress, female representation will reach only 40 percent globally in the professional and managerial ranks by 2025, according to Mercer’s second annual ‘When Women Thrive’ global report. Among the key trends revealed in the report is that women’s representation within organizations declines
Odgers Berndtson has acquired Charleston Partners, an executive search and talent advisory firm that exclusively recruits HR professionals and advises on human capital management issues. Financial terms of the deal were not disclosed. Francis Luisi, founding principal of Charleston Partners, will lead the Odgers Berndtson U.S. HR practice and will work from the firm’s New
Amherst College has selected Isaacson, Miller to lead its search for a chief diversity officer. Mariana Cruz resigned as interim chief diversity officer in early October. Bud Moseley, a vice president in Isaacson, Miller’s Boston office, is leading this search along with Donna Cramer, senior associate. The college seeks a visionary, strategic, diplomatic, collaborative, and inspiring leader, according to
Egon Zehnder has been retained by Mövenpick Hotels & Resorts (MHR) to lead its search for a chief executive officer. Jean-Gabriel Pérès has announced his intention to retire after 17 years of leadership. He will continue to serve as CEO until his successor assumes his responsibilities. The incoming CEO will be expected to “drive value-accretive initiatives”
Executive search firm Quick Leonard Kieffer has appointed Patricia Hall as a managing partner. She will be responsible for leading the expansion of the firm’s life sciences practice. Ms. Hall has over 20 years of experience focused on general management, commercial and operations leadership for the pharmaceutical, biotech, medical device and consumer health and wellness sectors. She
Not Actively Looking, a U.K.-based global matchmaking platform for senior executives and executive search firms, has completed a private fund raising of more than £400,000, or the U.S. equivalent of nearly $600,000. The service allows executives to discreetly manage and update their CV for the benefit of executive search firms they hand pick. For search firms, the service
Heidrick & Struggles has named Bonnie Gwin and Jeff Sanders as co-managing partners of the firm’s global CEO & board practice groups. Heidrick’s global CEO & board practice advises companies on succession planning, talent management, board effectiveness and culture shaping, and also places directors and CEOs at leading private and public companies. It offers an
Baker and Associates, LLC has recruited Troy D. Paino as the 10th president of the University of Mary Washington in Virginia. Rick Hurley, who has served as the University’s president since 2010, said he will retire in June. The search was led by senior vice president Martin Baker. Mr. Paino is currently president of Truman State University, a post he
Spencer Stuart has placed Lisa Lucas as the new executive director of the National Book Foundation (NBF). She becomes the third executive director in the Foundation’s history. Harold Augenbraum, the current executive director, will step down from his post next month. Ms. Lucas comes to the NBF after serving as publisher of Guernica, a non-profit digital magazine focused
Executive search firm Boyden has added Brian G. Bachand as a partner in its Toronto office. He will work in the firm’s education, healthcare & life sciences, and not-for-profit recruiting practices. Boyden’s Toronto office serves a number of sectors, including financial services, healthcare, municipal, industrial, real estate and development, construction, consumer products and professional services.
Executives see the need to make culture a priority to drive alignment, collaboration, and performance, according to the recently released ‘Real World Leadership’ study by Korn Ferry Hay Group. The report, which polled more than 7,500 executives from 107 countries, found that “driving culture change” ranks among the top three global leadership development priorities. The report affirms
Ex-Egon Zehnder partner, Rob Sloan, has launched Starboard Tack Advisors, a strategic talent development and advisory services provider to boards, chief executives and executive teams in the financial services sector. The new firm will be based in New York. Mr. Sloan has served as a talent advisor to boards for projects including CEO succession, director search, executive
Executive search firm Witt/Kieffer has placed Michael W. Coughlin as president and chief executive officer of Crotched Mountain Foundation. Former president and CEO Don Shumway announced his retirement in September after 13 years of service. A search committee, chaired by Bruce King, chief executive officer of New London Hospital and a member of the Crotched Mountain board
NorthWind Partners, a boutique search firm focused on recruiting talent for the private equity sector, has recruited Sal Fazzolari as chief operating officer of eGlobalTech (eGT). In this capacity, he will oversee eGT’s strategic vision and growth plans. Managing partner Mark HuYoung, who leads the firm’s private equity practice, along with partners Patrick Gray, Hunter Murray, and
Georgia-based executive search firm Myers McRae Executive Search and Consulting has appointed Alan G. Medders Ph.D. as its new president. Dr. Medders has had a distinguished career in higher education and foundation administration, fundraising, planned giving, marketing, communications, and fiduciary and asset management. His understanding of the demands placed on academic and administrative leaders and the complexities
The landscape of traditional publishing is changing, as companies are now re-engineering themselves to become global media companies, serving digital audiences and consumers. While many of the senior level positions companies fill still maintain traditional titles, the criteria has changed. Companies are no longer seeking professionals to move from one publishing company to another, but rather
Executive search firm JGA Partners, LLC has been launched by talent acquisition veteran James G. Abruzzo. Headquartered in New York, the firm opened in November to provide recruiting services for both the executive search industry and corporate talent acquisition function. JGA’s services range from finding client facing search consultants and talent acquisition leaders for companies to onboarding, compensation
Russell Reynolds Associates is leading the search for a new chief executive officer for Save the Children UK. Justin Forsyth, chief executive of Save the Children UK since 2010, announced he is leaving the charity. Tanya Steele, executive director of marketing, fundraising and communications, will serve as interim CEO until a full time replacement is named. The incoming CEO will be a committed believer
Executive search firm Bradbury Associates / Gossage Sager Associates has been retained by Champaign Public Library to lead its search for a new library director. Interim library head Donna Pittman will lead the Champaign Public Library while the assignment is being conducted. The search began shortly after library director Marsha Grove announced her retirement in September after 13
Amrop, a partnership of recruiting firms operating from 83 offices in 57 countries throughout Asia, EMEA, and the Americas, has added Anhalt Executive Search in Germany as its newest member firm. With offices in Berlin, Duesseldorf, Hamburg and Munich, this latest Amrop member is a newly-created firm led by three senior business owners, all established
Heidrick & Struggles has acquired Decision Strategies International (DSI), a Philadelphia-based strategy and leadership advisory firm. It is Heidrick’s second acquisition in the burgeoning leadership consulting space in the last four months and marks a further step toward the development of a full-fledged leadership capability solutions business within the firm. Financial terms of the deal were not disclosed.
CIO hiring and recruiting for information technology teams is on the rise. Nearly a quarter (22 percent) of U.S. CIOs plan to expand their IT teams, according to a 2015 Robert Half Technology ‘IT Hiring Forecast Trend Report.’ It represents a three-point rise from the beginning of 2015 and an eight percentage point jump from one year ago. According to the report, 67 percent of
Monster Worldwide, Inc./(NYSE:MWW) posted full year revenues of $666.9 million, a decline of eight percent compared to the previous year. The company recorded fourth quarter revenue of $159.2 million, a decrease of nine percent compared to last year. During the most recent quarter, revenue from the company’s careers – North America operations decreased eight percent year
Edinboro University of Pennsylvania has selected executive search firm Greenwood/Asher & Associates to lead the search for its 18th president. Partners Jan Greenwood and Betty Turner Asher are heading the search along with principal Julie Holley. Greenwood/Asher’s role in the search process includes undertaking a university leadership needs assessment and assisting the committee and the chancellor of
Boutique executive search firm Warren Partners has elected Alastair Da Costa as its new chairman. The appointment enables founding director, Joelle Warren, to devote more time to her ambassadorial role and development of the firm’s board practice. Mr. Da Costa spent over 20 years practicing as an international corporate lawyer and helped with the expansion of the world’s
To keep up with technology-savvy job seekers, search professionals are using recruitment marketing tools to proactively attract and engage passive candidates and build ‘pools’ of talent for future hiring needs. This is the conclusion of iCIMS, Inc.’s new research study, “Recruitment Marketing: Fad or Future?” Conducted in partnership with Hanover Research, the report analyzes data from more
Heidrick & Struggles has placed Mary Dillon as a member of the board of directors at Starbucks Corp. Ms. Dillon is chief executive officer of Ulta Beauty. Since she took the helm of there in 2013, the company has achieved record sales and earnings. Prior to that, she served as president and CEO of U.S. Cellular. During
Redwood City, CA-headquartered executive search firm Lonergan Partners has recruited Martin McDermut as chief financial officer for Applied Micro Circuits Corporation (AppliedMicro). The search was led by CEO Mark Lonergan and consultant Alex Zakupowsky. “Marty McDermut is one of the most statured chief financial officers in the public company semiconductor market,” said Mr. Lonergan. “He will add a great