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DAILY NEWSWIRE - TOP STORIES
CEO Confidence Remains Moderately Optimistic
Although chief executives continue to be upbeat about the economy, their confidence levels have waned in recent months. In its most recent report, the Conference Board’s “Measure of CEO Confidence” was unchanged at 43 in the second quarter (a reading of more than 50 points reflects more positive than negative responses). “CEO confidence was unchanged
Spencer Stuart Acquires Ireland-Based MERC Partners
Executive search firm Spencer Stuart has acquired MERC Partners, a leading executive search and leadership consulting firm based in Ireland. Financial terms of deal were not disclosed. The addition of MERC Partners marks Spencer Stuart’s first client-facing team in Ireland and represents an important addition for its EMEA and global business. Spencer Stuart has had
Disrupting Recruiting: How Technology is Transforming the Talent Sector
In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.
CEO Confidence Remains Moderately Optimistic
Although chief executives continue to be upbeat about the economy, their confidence levels have waned in recent months. In its most recent report, the Conference Board’s “Measure of CEO Confidence” was unchanged at 43 in the second quarter (a reading of more than 50 points reflects more positive than negative responses). “CEO confidence was unchanged
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?
Spencer Stuart Acquires Ireland-Based MERC Partners
Executive search firm Spencer Stuart has acquired MERC Partners, a leading executive search and leadership consulting firm based in Ireland. Financial terms of deal were not disclosed. The addition of MERC Partners marks Spencer Stuart’s first client-facing team in Ireland and represents an important addition for its EMEA and global business. Spencer Stuart has had
Caldwell Posts Revenue Gain; Elects Private Equity Veteran as Chairman
Toronto-based executive search firm Caldwell has posted third quarter revenues of $19.9 million (Canadian), a 4.6 percent increase from a year ago. The search firm also announced that its chairman, G. Edmund King, is retiring and that new board member and private equity veteran Elias Vamvakas has been elected as chairman. Caldwell noted that third quarter revenues
How Today’s CHRO is Managing Disruption
Successive waves of global disruption — political, social, demographic, technological — are compelling today’s CHROs to consider how they may safely bring their organizations, and specifically their people, through the turbulence. But that disruption also presents an opportunity for them to examine how, and how swiftly, their own roles must change. A new report from
Development Guild DDI Seeks New Leader for Senior Community
Executive recruitment firm Development Guild DDI, which focuses on the non-profit sector, has been retained to find the next president and CEO for Sophia Snow Place, a senior living community in West Roxbury, MA. President William Weber is leading the assignment. The next leader of Sophia Snow Place will be expected to partner with the board
IRC Global Adds New Member Firm in Denmark
Global search consortiums continue to add new members across the globe. The latest: IRC Global Executive Search Partners (IRC) just added People Executive in Denmark as its newest member firm. “We are very excited to welcome People Executive into the IRC family. Based on our past experience we know that the partners will contribute much to our
7 Reasons to Partner with a Recruitment Firm
Hiring talent is something that affects every business and every level of management. The ability to recruit great talent is key to the ultimate success, or failure, of a business. Certain roles, however, can be particularly difficult to fill. In those situations, it can be extremely valuable for an organization to partner with an outside
Krauthamer & Associates Recruits CEO for the Greater Cleveland Regional Transit Authority
Over the past year, a growing number of transportation companies have enlisted executive search firms to help them find senior talent. After a nationwide search, executive recruiting firm Krauthamer & Associates recently placed India Birdsong as general manager and CEO of the Greater Cleveland Regional Transit Authority. She will succeed Joseph A. Calabrese, who stepped down from
Kennedy Executive Search Names Financial Services Practice Leader
Kennedy Executive Search, a network of independent executive search firms, has named Markus Unterberger as practice leader of financial services. In this role, he will structure and guide Kennedy’s services in recruitment for leadership roles in the financial services industry across North America, South America and Europe. Mr. Unterberger is a veteran in the financial
Driving Greater Diversity in Recruitment
Diversity and inclusion is firmly on the boardroom agenda and companies are actively looking to improve equality in their recruiting practices. This is a trend that is not going away and which many companies are tackling head on, both internally and through their suppliers. As a result, executive search firms are addressing their role in
Search Solution Executive Recruits CHRO for itelligence North America
Anyone with ties to the human resources function knows how much it has evolved in recent years – and with it the role of the chief human resources officer. The biggest shift has been in the CHRO’s progression from fighting for a seat at the table to playing a key role on the executive team. According
Cowen Partners Launches New Office in Vancouver, WA
With demand for executive recruitment growing across the Pacific Northwest, executive search firm Cowen Partners recently opened an office in Vancouver, WA. Leading the new location is Ash Wendt, founding partner. “I’ve been a long-time resident of Vancouver and watching the tremendous growth in recent years has been exciting,” said Mr. Wendt. “We can’t wait
The Best Ways to Foster a CEO / CHRO Relationship
The relationship between a CEO and CHRO is possibly the most unique in the corporate world. When fostered strategically, the dynamic between the person at the helm of the company and the head of HR can drive a business to greater heights. But a new report by John Doyle of Slayton Search Partners finds that
ZRG Partners Acquires London-Based Holker Watkin
ZRG Partners, a fast growing executive search firm, has continued its expansion with the acquisition of London-headquartered search firm Holker Watkin. The deal’s financial terms were undisclosed. The firm will operate as a ZRG company, focused on supporting client needs for senior-level strategy professionals on a retained and interim project basis. The transaction is expected
AEGEUS Executive Search Tapped by Queensland Theatre to Find Next Executive Director
Sydney-headquartered AEGEUS Executive Search has been selected by Queensland Theatre to find its next artistic director. Sam Strong, who has held the role for four years, recently announced that he will be leaving the organization later this year. Managing director Tony Grierson is leading the assignment. “Queensland Theatre has been and will continue to be a
4 Emerging Trends to Watch as 2019 Heads Into High Gear
If the second half of 2019 is anything like the first, business leaders are in for a wild ride. The geopolitical landscape remains as volatile as the stock market. Signs of an economic slowdown are emerging, making consumers and investors equally skittish. Organizations are still looking for ways to cut costs while ramping up investment
Carrington & Carrington Seeks CFO for UPMC Community HealthChoices
Chicago-based executive recruitment firm Carrington & Carrington is seeking the next chief financial officer for UPMC Community HealthChoices (CHC). Principal Marian H. Carrington is leading the assignment. In 2017, the search firm started a multi-year partnership with the University of Pittsburgh Medical Center (UPMC) to help boost the healthcare giant’s diversity hiring at its most senior levels.
Job Growth Rebounds in June; Unemployment Rate Sits at 3.7 Percent
Employers added 224,000 jobs last month as the U.S. unemployment rate stands at 3.7 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase, the largest since January, topped the 162,000 forecast by economists. The June gain is the 105th consecutive month of job growth. The number of unemployed currently stands at 6.0
10 Benefits of Retaining an Executive Search Firm
Organizations typically use an executive search firm when a top job opening is important enough, senior enough and when discretion is at a premium. These three factors warrant the investment of bringing in a search firm. Executive search firms are in the business of finding high impact thought leaders who share the same principles, goals,
Diversified Search Places Two Women Directors at Jacobs
Although boards of directors are considered the backbones of organizations, director recruiting has grown markedly more challenging, say recruiters who conduct searches in that area. At the same time, many boards find that the supply of independent-minded “board experienced” directors – especially those who can add vital forms of specialized skills and expertise – is limited. Such candidates are
Witt/Kieffer Tapped by Oregon State University to Find 15th President
Executive recruitment firm Witt/Kieffer has been selected by Oregon State University (OSU) to lead in its search for its 15th president. Edward Ray, who has served as the school’s president since 2003, recently announced he is stepping down when his current five-year contract ends in 2020. Zachary Smith, senior partner and deputy managing partner for the firm’s
ZRG Partners Acquires Fiore Global Search
ZRG Partners, a fast growing executive search firm, has continued its expansion with the acquisition of certain assets of executive search firm Fiore Global Search. The deal’s financial terms were undisclosed. As part of the asset acquisition agreement, Adam Fiore, formerly the managing partner and CEO of Fiore Global Search, will be joining ZRG as a
N2Growth Names Chief Marketing Officer
N2Growth, a Philadelphia, PA-based management consulting and executive search firm, has added Dan Evans as chief marketing officer. A respected media and marketing professional, Mr. Evans has more than a decade of experience in helping strong brands create outstanding user experience. “Dan is an incredible marketing executive who understands how to engage the market across
Herbert Mines Associates Recruits CEO for Sprouts Farmers Market
Following a nationwide search, New York-based executive recruiter Herbert Mines Associates recently placed Jack L. Sinclair as the new chief executive officer of Sprouts Farmers Market which is based in Phoenix, AZ. Amin Maredia stepped down last December to pursue other interests. President and COO Jim Nielsen and CFO Brad Lukow had been serving as interim co-CEOs while
Odgers Berndtson Recruits CEO for American Association of Port Authorities
Global search firm Odgers Berndtson has placed Christopher Connor as the new CEO of the American Association of Port Authorities (AAPA). Long-time leader Kurt Nagle recently retired. Vice chairman and partner Tim McNamara is leading the assignment along with partner and practice leader Conrad Woody. “The association’s executive committee is pleased to have found an outstanding individual to
Ventura Partners Places Tennis Head Coaches for Auburn and Yale
Executive recruitment firm Ventura Partners has recently placed head coaches for women’s tennis at Auburn University and men’s tennis at Yale University. Leading the respective assignments were Chad Chatlos, partner, and Katy Young Staudt, managing director, in the firm’s sports and entertainment practice. Caroline Lilley, assistant head coach at the University of Kansas (KU), was
Finding Transformative Leaders Fueling Growth & Innovation at Wilton & Bain
In the early years after its founding in 2001, London-based Wilton & Bain was content to be a respected, tightly focused professional services executive search firm. With technology as its niche, it was a good business, everyone agreed, and profitable. Yet it was relatively small and geographically limited. Fast forward 18 years and behold a
Top Gun Ventures Recruits President for Lindenwood University
Plano, TX-based executive search firm Top Gun Ventures has recruited John Porter as the 23rd president of Lindenwood University in St. Charles, MO. Mr. Porter, who begins his tenure next Monday, replaces Michael Shonrock who was dismissed for reasons not provided by the school. Managing partner Don Tuttle led the assignment. “Higher education is facing a declining market
True Search Recruits CFO for Starry Inc.
CFOs continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. Recently, executive recruiter True Search placed former Assurant executive Gregg D. Bien as the new CFO of wireless technology company Starry Inc. Partners Rick Bank and Rick Faubert led the assignment. “Starry is in a period of explosive growth,”
HR Technology Company Enboarder Secures $8 Million in Funding
Enboarder, the cloud-based HR technology company that helps employers create employee onboarding experiences, has closed $8 million in Series A financing. Greycroft, who participated in Enboarder’s previous funding round of $4 million, is the lead investor in the new Series A investment, which brings Enboarder’s total funding to $12 million. New investors, Next Coast Ventures and Stage 2 Capital
Grace Blue APAC Partners with Cavalry Freelancing
Grace Blue APAC has formed a partnership with Cavalry Freelancing in an effort to help organizations hire effective contingent workforce and skilled contractors who would be ready to take up mid- and senior-level marketing roles. About one in four CXOs in the APAC region have said that a contingent workers make up about 30 percent
Creating a Great Recruiter-Candidate Relationship
Creating a good candidate-recruiter relationship should be a top priority for the best candidate recruitment possible. Having an open, honest and trustworthy relationship with one’s recruiter is important, especially as they help make big decisions in career moves. Being a committed recruiter ensures the candidate will end up happy and content at their next job,
Arts Consulting Group Recruits Artistic Director for New York City Gay Men’s Chorus
Boston-based executive search firm Arts Consulting Group (ACG) has placed Gavin Thrasher as the new artistic director of the New York City Gay Men’s Chorus (NYCGMC). He succeeds Charles Beale who will step down later this summer after 12 seasons to pursue other artistic endeavors. President Bruce D. Thibodeau led the assignment. “We are thrilled to welcome Gavin to Big Apple
Bridge Partners Seeks New Leader for the Denver Foundation
Executive recruitment firm Bridge Partners has been enlisted to find the next president and chief executive officer for the Denver Foundation, Colorado’s largest community foundation. Partners Janet Albert and Larry Griffin are leading the assignment. The Denver Foundation hopes to have a new leader in place this summer. The group’s previous leader, Christine Marquez-Hudson, abruptly
Pearson Partners International Names President
Women gaining top roles at executive search firms seems to be an increasingly refreshing phenomenon. Dallas-headquartered Pearson Partners International recently appointed Renee Baker Arrington to the position of president and the newly created post of chief operating officer. She has been with the firm for 13 years, is a member of the board of directors and
Johnson Appoints Two New Practice Leaders
Sydney-based executive search firm Johnson appointed Claude Ringuet as partner and leader of the firm’s consumer & retail, healthcare & life sciences and sports practices as well as Dianne Cassen as partner and leader of its real estate and construction practice. Mr. Ringuet is a seasoned executive who brings over two decades of C-suite level commercial
A Look at the Age-Agnostic Workplace
Multinational corporations are already aware of the importance of attracting and retaining a gender- and ethnically-diverse workforce to improve innovation and financial performance. Many have implemented policies to encourage this. What is less well-established as a competitive advantage is the idea of an age-diverse workforce, says Jackie Bernard of U.K.-based talent specialist Armstrong Craven. “This low
Korn Ferry Records Nine Percent Revenue Gain
Korn Ferry (NYSE:KFY) has posted 2019 fiscal year-end revenues of $1.92 billion, a nine percent increase from $1.767 billion a year ago. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – also reported fourth quarter revenue of $490.8 million, an increase of three percent. All three of its business lines were up. The results
Spencer Stuart Places CEO at Mitchell Gold + Bob Williams
Following an extensive national search, Spencer Stuart has recruited veteran retail and omnichannel executive Allison O’Connor as the new CEO of home furnishings brand Mitchell Gold + Bob Williams. “We are thrilled to have Allison coming aboard,” said Mitchell Gold, co-founder and chairman. “She has a proven track record in building an omnichannel business with excellence. I know she will be
Pauly Group Enlisted to Find President for Northwestern Michigan College
Pauly Group, an academic search firm, has been chosen to find the next president for Northwestern Michigan College (NMC) in Traverse City, MI. Senior consultant Marsi Liddell is leading the assignment. NMC wants a president who can lead a complex, regulated organization to meet the changes of the future, while respecting the college’s history and
IMD International Search Group Adds New Member Firm in Singapore
Global executive search consortium IMD International Search Group has expanded in the Asia-Pacific region with the addition of I Search Worldwide in Singapore. Singapore sits at the crossroads of the world’s largest and fastest growing region straddling China, India and the ASEAN countries. A modern cosmopolitan city with a strong reputation as a major player in the
Workers Remain Optimistic, but CEO Confidence Falls
American worker confidence is at its highest level in four years. Following a slight dip at the end of the last quarter, the national Worker Confidence Index (WCI) rose 3.6 points to 110.7 in its most recent quarter, reaching its highest level since the study’s inception. The Worker Confidence Index is a survey of U.S.
Heidrick & Struggles Selected by Washington State Investment Board to Find Chief Investment Officer
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has been retained by the $135 billion Washington State Investment Board (WSIB) to lead its search for a new chief investment officer. Gary Bruebaker is retiring at the end of the year after 40 years in the investment business. Lyndon Taylor, partner in charge of
Leaders International Executive Search Lands President for Deer Park College
Leaders International Executive Search has placed the new president of Red Deer College (RDC) in Alberta, Canada. Peter Nunoda, president of Vancouver Community College, will start in his new role on Sept. 3. He succeeds Joel Ward, who is retiring after 10 years at the helm. During an extensive search that lasted more than 15
Ward Howell Expands Global Travel & Hospitality Practice
Global recruiter Ward Howell International has continued its recent expansion with the addition of Jim Theodore as a partner in its global travel and hospitality practice. Based in Boston, Mr. Theodore joins Ward Howell with more than 30 years of experience in retained search. He has worked in the hospitality and leisure industries serving clients of all
Amrop Names New CEO
Executive recruitment firms have made a number of top leadership appointments in the past year, many focused on strategy, growth, branding efforts and operations. The latest: Global recruiting organization Amrop has appointed Federico Cuneo as CEO and chairman of its executive board. He replaces José I. Leyún as CEO. “The organization extends its gratitude to José for his
The Benefits of Strategic CEO Succession Planning
About five years before the chief executive officer of a major European insurance company planned to retire, the board began considering potential candidates to fill his role. Eight internal executives rose to the top, and subsequently went through in-depth assessments of their strengths, weaknesses and psychometric profiles. A year before the end of this process,
Caldwell Recruits Chief Marketing Officer for Gigster
As business becomes more global and complex, and power shifts from producers of goods and services to consumers, the chief marketing officer’s job of planning and coordinating marketing activities has become more challenging, recruiters say. Yet executive search firms are seeing no shortage of assignments for this important C-level position. Recently, Toronto-based executive search firm Caldwell recruited Jennifer
LandrumHR Acquires HR-Focused Search Firm hrQ
LandrumHR, a Pensacola, FL-headquartered full-service human resources firm, has acquired executive search firm hrQ in Denver. Financial terms of the deal were undisclosed. The human resources sector is hrQ’s bailiwick. The firm focuses exclusively on providing HR professionals for short- or long-term contract assignments and full- time hires as well as offering expertise on a
Lambda Legal Taps Two Search Firms to Find New CEO
New York-based Lambda Legal has retained the services of LGBTQ search firm McCormack+Kristel and WB&B, an executive search firm focused on diversity and inclusion, to lead its search for a new CEO. Lambda Legal, a non-profit, is a national organization committed to achieving full recognition of the civil rights of lesbians, gay men, bisexuals, transgender people and everyone living
Boyden Opens New Office in Saskatchewan
Boyden has expanded in Canada with the opening an office in the province of Saskatchewan. It will be led by Dan Brown, a new Boyden Canada partner. “Our new office in Saskatchewan and the appointment of Dan supports our strategy in Canada and globally to provide clients with world-class leadership advisory solutions,” said Trina Gordon, president
Carnegie Museums of Pittsburgh Turns to Koya Leadership Partners to Find New Leader
Carnegie Museums of Pittsburgh has enlisted Alison P. Ranney and Alexandra N. Corvin of Koya Leadership Partners to assist in its search for a new president and chief executive officer. The organization initially retained Boyden for the assignment. Both finalist candidates, however, reportedly rejected the job, citing concerns with salary and museum governance. Boston-based Koya is tasked with finding a
Evolv Technologies Turns to TillmanPartners to Find CFO
Backed by an impressive group of investors including Bill Gates, Evolv Technologies, a technology start-up addressing the active shooter threat, has retained TillmanPartners to find a CFO. “When I launched TillmanPartners this year, I set out to serve an exclusive group of clients and assist CEOs and investors to achieve breakthrough performance,” said Rob Tillman,
Gerard Daniels Names New Managing Partner for the Americas
Executive search firm Gerard Daniels, headquartered in Perth, Australia, has appointed Jason Wright to the role of managing partner Americas, based in its Houston office. Mr. Wright is a highly-experienced recruitment and staffing professional with more than 20 years’ involvement in the oil and gas and energy sectors, primarily in the Americas markets. “I wish
Prestige Scientific Opens First Office in Europe
Milford, MA-based life science executive search firm Prestige Scientific recently opened its first European office in Amsterdam and appointed Brandan Sweeney as director of the new location. The expansion to Amsterdam is largely in response to the European Medicines Agency’s recent relocation there, said the firm. Mr. Sweeney is charged with leading the expansion of the
SWR Group and Rothley Executive Search Join Forces
M&A activity, in many cases with the support of private equity firms, continues to heat up in the executive search industry. The latest: New Zealand-headquartered search firms SWR Group and Rothley Executive Search have merged. Under the agreement, Rothley operations become part of SWR Group. Rothley founder and managing director Sean Brunner will be based in
The Current State of Diversity and Inclusion
Although most respondents to a new study by talent acquisition firm GQR Global said they feel they have a commitment from their company’s leadership to pursue the business case for diversity and inclusion, there was an overwhelming feeling among them that diversity within their companies is not reflected in executive teams. Increasingly, the human capital
