DAILY NEWSWIRE - TOP STORIES
A new report from Worksome shines a light on the biggest trends that will affect human resources workers. An accelerated work environment, flexibility, and access to talent will all be critical. Leading recruiters from The Christopher Group, Alta Associates, Wilton & Bain, and Rush and Company weigh in!
All too often, search firms compare themselves to the professional services offered by a law firm or management consultant...
2020 was an unprecedented year in most respects, and a challenging year for many in the executive search industry. Senior...
Despite persistently high unemployment levels, the skills gap is costing employers millions of dollars annually. A new report from...
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Chicago-based Ferguson Partners has helped to place Mahbod Nia as chief executive officer for Mack-Cali Realty Corp., a leading real estate investment trust (REIT) based in New Jersey. Mr. Nia, who has served as a director of Mack-Cali since June, will succeed interim CEO MaryAnne Gilmartin, who will serve as special advisor to ensure a
Every organization is unique and therefore any cultural transformation journey undertaken needs to be specifically tailored. According to a new report by Walking the Talk, diversity is one area where organizations have an opportunity to drive different behaviors and foster real change that go well beyond simply recruiting different people or doing different things, to where they
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Boyden has elected Jörg Kasten to a third term as chairman and three new members were appointed to its global board. The new board members, elected to two-year terms, include Jim Harmon, a managing partner of Boyden Canada and member of the firm’s global technology practice; Kjetil Haug-Nodeland, a managing partner of Boyden Norway and member of the global industrial
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?
Mclean, VA-headquartered Dinte Global Executive Search has appointed Sam Dinte as president. In an elevated role, Mr. Dinte will drive growth strategy in delivering executive search, talent mapping and human capital diligence in aerospace and defense, and other core industries. As president, Mr. Dinte draws on a career as an aerospace and defense specialist with a
The Labor Department reported that 376,000 Americans filed new claims for state unemployment benefits. Economists surveyed by Dow Jones expected 370,000 new jobless claims. This is the lowest level for initial claims since March 14, 2020, when it was 256,000. The four-week moving average was 402,500, a decrease of 25,500 from the previous week’s unrevised
CarterBaldwin Executive Search has placed Gerson Moreno-Riaño as the 12th president of Cornerstone University, a private, non-denominational Christian institution, in Grand Rapids, MI. Partner Bill Peterson led the assignment. Dr. Moreno-Riaño succeeds Joseph M. Stowell, who retired this spring after 13 years in the role. Cornerstone’s new president previously served for over seven years as
New York-based retail and consumer focused executive search firm Herbert Mines Associates recently partnered with The Container Store Group in the recruitment of Anthony Laday, CFO of Fogo de Chão, and Nicole Otto, former VP of Nike Direct North America, as new members of its board of directors. They will be officially elected as class ii directors
Global talent solutions provider Wilson Human Capital Group (WilsonHCG) has appointed Steven Davis to head its talent consulting division. Based in New York, he will lead the firm’s global consulting team. “Having known Steve for a long time, I am very pleased to officially welcome him,” said John Wilson, founder and CEO. “He will play a
Executive search firm Daversa Partners, which serves the technology sector, has named Nicolette Stanise as the firm’s 14th partner. Ms. Stanise, a leader within the firm’s consumer practice, has spent the last decade building executive teams for some of the most disruptive consumer and healthcare start-ups across the globe. She recently built out the vice
Universities continue to turn to executive search firms to find new athletic directors. Chicago-based DHR International recently assisted Northwestern University in the recruitment of Derrick Gragg as the Combe Family vice president for athletics & recreation. He succeeds Mike Polisky, who resigned as the university’s athletic director last month. Dr. Gragg, the NCAA’s senior vice president for
Haddonfield, NJ-based executive recruitment firm True Search has named new co-leaders to several specialized practices: the financial officers practice, the consumer practice and the financial services practice. Managing director Matt Goldstein has joined partner Rhoda Longhenry as co-practice lead of the financial officers practice. It’s a homecoming for Mr. Goldstein, who launched the practice with Ms. Longhenry in 2017 before turning
The University of Memphis recently selected Parker Executive Search to lead the search for its 13th president. The assignment is expected to be completed by the end of the year. The school noted that Parker has conducted more than 500 higher education searches for chancellor, president, vice president, provost, dean, chair and director positions. Laurie Wilder, president
Kirby Bates Associates Seeks Chief Nursing Officer for UCSF Health Benioff Children’s Hospital Oakland
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
Santiago, Chile-based inQuest Consultores has merged with Atlanta-based The ExeQfind Group. Launched in 2002, inQuest serves both the professional and technical recruitment space as well as retained executive search in both Chile and other countries within Latin America. The merger leverages almost a decade of collaboration between inQuest and both The QualiFind Group and The
In the world of recruiting, misconceptions often run rampant when talking about executive search firms. Despite the value that dedicated providers bring to the table, many organizations continually question whether outsourcing a high-level executive or C-suite search is worth the cost, according to a new report by TalentRise. “To educate our audience on the advantages
The Princess Margaret Cancer Foundation has announced the appointment of Miyo Yamashita as president and chief executive officer. Egon Zehnder led the search assignment. “Miyo will make an incredible contribution to our foundation and we are so pleased to have her on board,” said Janice Fukakusa, board chair of the Princess Margaret Cancer Foundation. “She accepts the appointment at
Boston-based Lindauer has been called in by The Allen Institute for Artificial Intelligence (AI2) to lead the search for its inaugural chief development officer. Leading the assignment is senior consultant Terri Rutter. “AI2 has just recently diverged from its parent, Vulcan Inc., to become an independent 501(c)(3) organization,” said Lindauer. “The first AI2 CDO will build
Buffkin / Baker Recruits Vice Provost for Diversity, Equity, and Inclusion at the University of San Diego
Martin M. Baker, managing partner of Buffkin / Baker, assisted the University of San Diego (USD) in the recruitment of Regina Dixon-Reeves as its vice provost for diversity, equity and inclusion. “I am delighted to announce that Regina Dixon-Reeves, PhD, has been appointed as vice provost for diversity, equity and inclusion,” said USD VP and
Chicago-based Hanold Associates HR & Diversity Executive Search has launched a new retail and luxury goods practice and named Lisa Butkus as the practice leader. Hanold Associates has led numerous high-profile searches for members of this industry, including finding HR, diversity and other leaders for brands like Abercrombie & Fitch, Beautycounter, Dick’s Sporting Goods, JC Penney, Patagonia, Tailored Brands
Chief diversity officers (CDO) have become increasingly common across leading institutions of higher education, driven by the push to create more diverse, inclusive, and equitable environments for the benefit of all members of the community. While much has been written on the evolution of the mandate and remit of this role, relatively little data exists
Spencer Stuart has assisted the Ladies Professional Golf Association (LPGA) in the recruitment of Mollie Marcoux Samaan as its ninth commissioner. Mike Whan recently announced that he would be leaving the tour this year after 11 years in the top job. “Our selection of Mollie Marcoux Samaan as the LPGA’s next commissioner is the outcome
After an exhaustive search, Korn Ferry has helped to place Ray Joseph, a vice president at Wilshire Associates, as the new chief investment officer of the $30 billion Los Angeles Fire and Police Pensions (LAFPP). Senior client partner Michael Kennedy led the assignment for the search firm. Effective June 14, Mr. Joseph will replace Tom Lopez,
Massey Henry has opened its doors in Toronto as an executive search and board advisory firm specializing in financial services and the public sector. Founder and managing partner, Michael Henry, a seasoned executive search professional, aims to set a new standard for executive recruiting with a streamlined, collaborative approach that enables organizations to recruit diverse top
IIC Partners Executive Search Worldwide has added FESA Group Argentina as its newest member firm. Barbara Toth, managing partner and CEO, FESA Group Argentina, and Bernabé O`Rourke, associate director and partner, said: “At FESA Group Argentina we are really happy and proud to be part of IIC Partners. We do believe that it will be a
Employment rose by 559,000 in April as the U.S. unemployment rate dropped to 5.8 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. Economists had expected 671,000 jobs added and a 5.9% unemployment rate in May. Job gains in May were led by leisure and hospitality, which added 292,000 jobs, education,
ZRG has acquired Sucherman Group, a media and entertainment focused executive search firm. Financial terms of the deal were not disclosed. Founder Stuart Sucherman and CEO Erik Sorenson, both former media executives, will continue to lead the organization. “We are thrilled to add the premier team in the media space to the ZRG family. They have built
As the world gradually starts to lift the restrictions imposed as a result of COVID-19, many business leaders are questioning the capitalist models that have been used to build society. From a clean tech perspective, it is a historic moment in which business leaders can choose to return to the world of pollution and waste
Global executive search and private equity advisory firm Renovata & Company has recruited Michael H. Sargent as the new CEO of Single Digits, a provider of high-speed internet access (HSIA) management and support solutions. He succeeds Stephen Singlar, CEO and co-founder of Single Digits, who will remain on the board of directors. The search comes shortly after the firm
It doesn’t take more than to watch the news to see how cancel culture can strike an organization from the outside. But recently a major tire manufacturer discovered how the same threat can come from within your own organizational walls, from your employees. Remember when an internal company policy or document remained internal? Leaking a
Spencer Stuart has recruited Chris Spear as the ninth president of the American Trucking Association (ATA). He succeeds Bill Graves, who is retiring after more than 13 years with the organization. Mr. Spear is currently vice president of government affairs at Hyundai Motor Company and has a long career on Capitol Hill, in federal agencies, as well
CarterBaldwin Executive Search has placed Newton Crenshaw as president of Colorado Springs, CO-based Young Life. The search was led by CarterBaldwin founding partner Price Harding. Mr. Crenshaw is an accomplished leader with a 30-year history of delivering business results, most recently as the vice president of oncology commercial operations / business development / payer at Eli Lilly and Company.
Executive search firm Boyden has added Moscow-headquartered Zoom Executive Search as part of the firm’s strategy for growth in EMEA and globally. A team of 11 search professionals will join Boyden as part of the firm’s expansion, benefiting clients in Russia and across EMEA. Zoom / Boyden Russia’s new team will be led by managing partners Olga
Hiring managers in the U.S. are prepared to hire more professionals in the year ahead, but the current recruitment environment won’t make their job easy. Nearly two thirds (62 percent) of hiring managers intend to hire more professionals in the next six months, according to the semi-annual hiring survey by DHI Group, a provider of data, insights
Executive search firm The Onstott Group has assisted A.I.M. Mutual Insurance Companies in the recruitment of Leslie E. Greis to serve on the company’s board of directors. Joe Onstott, managing director, led the assignment. Ms. Greis is the founder and managing member of Perennial Capital Advisors, LLC, an investment firm specializing in evaluating and investing in private real estate strategies worldwide
ManpowerGroup / (NYSE:MAN) posted second quarter revenues of $5 billion, a three percent increase from revenues of $4.9 billion a year ago. The company’s performance missed Wall Street forecasts which had expected $5.06 billion. Financial results in the quarter were impacted by the stronger U.S. dollar relative to several foreign currencies compared to the prior year period. Net earnings
Executive search firm Polachi Inc. has placed Cindy Brown as chief revenue officer of ViralGains, a leader in consumer-centric video distribution. As CRO, Ms. Brown will be responsible for driving ViralGains’ business in the $16 billion online video advertising market. She brings an extremely strong and diverse background to her role at ViralGains, from high growth
There has been a lot of discussion in the media recently about the expanding role of the CHRO, not all of it complementary. So I decided to seek an objective view from Mark Oppenheimer (pictured), chief commercial & innovation officer at leadership advisory and executive search firm Marlin Hawk. Based in New York, Mark engages
Using a search firm to recruit a new president or provost today can cost colleges nearly $100,000 or more in recruiting fees. So, is it worth bringing in outside agencies to help? Research compiled by James Finkelstein, a public policy professor at George Mason University, estimates that fees called for under executive search firm contracts
Executive search firm JM Search has named Gil Stenholm as a partner in its Chicago office. He brings significant executive search and consulting experience to JM Search, having spent 33 years with Spencer Stuart and four years with Booz Allen Hamilton. During his tenure at Spencer Stuart, Mr. Stenholm founded and co-led the firm’s consumer goods
Executive search firm Kaplan Partners has placed Clayton Adams as president and chief executive officer of Mascoma Savings Bank. He will succeed current president and CEO Stephen F. Christy upon his year-end retirement following nearly 27 years in the leadership role. The announcement of Mr. Christy’s successor follows an intensive six-month search led by Mascoma’s board
Executive search firm WinterWyman has recruited George Ravalico as director of talent acquisition of OSRAM Sylvania. Managing director and senior vice president Beverly Morgan led the search. This is the fifth HR leader WinterWyman has recruited for OSRAM. In his new role, Mr. Ravalico is responsible for building, leading and maximizing a strategic, collaborative talent acquisition function
Global executive search firm Alexander Hughes has partnered with IranianOffice to form a joint venture based in Tehran. Shayan Shadfar and Christophe Laurent-Atthalin are managing the new joint operation. IranianOffice provides business intelligence and operational support for businesses with and in Iran. The scope of activities IranianOffice provides to its western and local clients ranges from business development to operational support
CEO economic expectations for sales, capital expenditures and hiring have moved modestly upward, but GDP growth expectations have dipped, indicating the U.S. still has far to go to achieve sustained growth, according to the recently released Business Roundtable second quarter 2016 ‘CEO Economic Outlook Survey.’ The Business Roundtable CEO Economic Outlook Index — a composite of CEO projections
Executive search firm NorthWind Partners, a boutique search firm focused on recruiting talent for the private equity sector, has recruited Kevin L. Cook as chief financial officer of Alion Science and Technology Corporation. Managing partner Mark HuYoung, who leads the firm’s private equity practice, along with partners Hunter Murray and Brian Thomas, led the search.
London-headquartered executive search firm Nolan Partners has expanded its operations to North America with the opening of offices in Los Angeles and New York and the appointment of Chad Biagini as managing director of North America. Founded in 2006, Nolan Partners is focused wholly and exclusively on working with clients in sports and related sectors. The firm has
Executive search firm Koya Leadership Partners has recruited Anders Yang as chief development officer of the Natural Resources Defense Council (NRDC). Leading an international team spanning all of NRDC’s offices, Mr. Yang will play a key role in galvanizing a new generation of funders while maintaining ties with the organization’s long standing donors. He will
Executive search and leadership solutions provider Egon Zehnder has added Donald Chae to its Chicago office as an executive recruitment and board search consultant. Mr. Chae focuses primarily on financial services, where his experience spans wealth management, asset management, retail banking, risk management and financial technology. He will also be active in the firm’s professional
It comes as no surprise that employers are recognizing the value of an inclusive and diverse work environment — nor that the most forward-looking organizations view it as a leading competitive advantage when hiring from the entry level right up through to the C-suite. A diverse workplace, the argument goes, helps companies understand and meet
Executive search firm DHR International has recruited Gabriel van Aalst as president and chief executive officer of the New Jersey Symphony Orchestra (NJSO). James Abruzzo, managing partner of DHR’s global non-profit practice, led the search. Mr. van Aalst has performed in the Sydney Youth Orchestra (violin) from 2001 to 2006 and served on the board of that organization from 2004 to 2008. In 2004,
Executive search and leadership solutions provider Korn Ferry has placed Scott Davis as chief investment officer of The Indiana Public Retirement System. David Cooper, the organization’s previous CIO, left to become CIO of the $2.8 billion Purdue Research Foundation. Mr. Davis, a company insider, had been serving as the system’s deputy CIO and director of public
CPL Resources, an Ireland-headquartered recruitment agency, has launched Ardlinn, an executive search firm dedicated to supporting the growing demand for corporate leaders within the Irish business sector. As one of 19 recruitment brands to come under the CPL global umbrella, Ardlinn will serve as a division of the company focused solely on executive recruiting for top
Talent acquisition platform SmartRecruiters has raised $30 million in series C financing, led by New York-based venture capital and private equity firm Insight Venture Partners. The company plans to leverage the additional capital to sustain its rapid growth, accelerate its global market presence, and continue to invest in its product footprint to serve the needs of the more
Employers added 287,000 jobs last month as the U.S. unemployment rate rose to 4.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of workers unemployed increased by 347,000 to 7.8 million. Economists surveyed by Reuters said they were, on average, expecting nonfarm payrolls to show growth of 175,000 for
Executive search firm Isaacson, Miller has recruited Dr. Michael Ignatieff as the fifth president of Central European University (CEU). He replaces John Shattuck who was also placed into position by the recruiting firm eight years ago. Chairman John Isaacson led the search with senior associate Katie Rockman. The University, according to documents, had been seeking candidates with intellectual gravitas,
Executive search firm Caldwell Partners International posted fiscal third quarter revenues of $13.8 million (Canadian), a 6.7 percent decrease from $14.8 million (Canadian) last year. In the U.S., third quarter professional fees edged down as declines in the number of assignments per partner more than offset increases in the average fee per assignment and the average
Executive search firm Toft Group has placed Christopher M. Bernard as president and chief executive officer of Curetis USA. Mr. Bernard joins Curetis with more than 22 years of diagnostics, biopharmaceutical and translational research industry experience, including roles in executive management, strategic development, product commercialization, marketing and sales. He previously served as chief commercial officer of Epic Sciences,
Chicago-based executive recruiters Quick Leonard Kieffer has named Jake Barto as a partner. Mr. Barto has executed numerous senior level search assignments, assisting healthcare systems recruit chief executive officers as well as operational, financial, and clinical leaders. Among his clients: Trinity Health, Sanford Health, McLaren Health Care, and national & state associations, including ACHE and The Alabama Hospital Association. His career in executive
There’s a crisis slowly unfolding at executive search firms across London – especially for those with exposure to the financial services markets. But with globalization run amok, bringing with it all sorts of unforeseen challenges, the reverberations in the world’s second largest search market are also being felt as far away as Chicago and Los Angeles, home to the recruiting sector’s
Spencer Stuart has recruited Steve Isakowitz as president and chief executive officer of The Aerospace Corporation. He will assume the position upon the retirement of Dr. Wanda Austin in October. Mr. Isakowitz served as president of Virgin Galactic from 2013 to 2016 and as its chief technology officer from 2011 to 2013. At Virgin Galactic, he
Talent advisory firm Pi Executive has recruited Angelique Bellmer Krembs as chief marketing officer of News America Marketing (NAM), a marketer and influencer for online and offline shoppers in the U.S. and Canada. The search was conducted by partner and board member Pierre Trippitelli and assisted by senior consultant Kimberly Bertuglia. Ms. Bellmer Krembs brings with her