DAILY NEWSWIRE - TOP STORIES
A transformative shift is happening in PE recruiting.
Explore how private equity talent leaders are driving growth and value through effective leadership.
Daily Newswire
Kingsley Gate Partners Adds Several Members of GattiHR
In a new partnership, private equity-backed Kingsley Gate Partners has added several key members of GattiHR, who will support the firm’s continued expansion across the human resources, industrial and supply chain sectors. These members include: J.L. Baker, senior partner; Michelle DesChenes, partner; Jeffrey Kartheiser, partner; and Bob Cwenar, vice president. “We’re excited to welcome the newest members of
ZRG Partners Assists the Government of the District of Columbia with CFO Search
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently partnered with the Government of the District of Columbia on the search for the District’s new CFO. Managing directors Diane Charness, global non-profit practice leader, and Tim Ward, of ZRG’s professional and technology services practice, led the search that resulted in Glen Lee’s
Executive Search Firms Shatter Growth Records According to Hunt Scanlon Media
Hunt Scanlon Media has released its annual rankings of leading executive search firms. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2021, a result of pent-up demand for executives and their key reports.
Kingsley Gate Partners Adds Several Members of GattiHR
In a new partnership, private equity-backed Kingsley Gate Partners has added several key members of GattiHR, who will support the firm’s continued expansion across the human resources, industrial and supply chain sectors. These members include: J.L. Baker, senior partner; Michelle DesChenes, partner; Jeffrey Kartheiser, partner; and Bob Cwenar, vice president. “We’re excited to welcome the newest members of
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?
ZRG Partners Assists the Government of the District of Columbia with CFO Search
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently partnered with the Government of the District of Columbia on the search for the District’s new CFO. Managing directors Diane Charness, global non-profit practice leader, and Tim Ward, of ZRG’s professional and technology services practice, led the search that resulted in Glen Lee’s
Caldwell Recruits CEO for Bright Cellars
John Strackhouse and Bethany George of Caldwell have assisted in the recruitment of Joe Megibow as the new chief executive officer of Bright Cellars, a data-driven wine discovery, curation, and production platform. He formerly served as CEO and board member of Purple Innovation Inc., a digitally-native vertical brand with a mission to help people feel and live better
Signium Adds Former HR Executive in Dublin, Ireland
The executive search field continues to be a welcoming landing pad for HR executives looking for a career change. Executive search consortium Signium recently appointed former HR executive Jim O’Brien as consulting partner in Dublin, Ireland. Mr. O’Brien is an accomplished HR veteran with 25 years of experience. He joins Signium from Aramark, where he was
Women Still Lag on Boards and in the Executive Suite
While economic uncertainty remains a key theme in 2022, advancing gender equity remains a prominent corporate topic. Many studies have shown that companies with more diverse boards and leadership teams benefit from a wider range of experience, skills, and perspectives, and perform better. It only makes sense that stakeholders are increasing the pressure on leading
WittKieffer Recruits Senior Advisor to Chancellor and Chief Inclusion Officer at Texas Christian University
Oak Brook, IL-based search firm WittKieffer has placed Jonathan Benjamin-Alvarado as senior advisor to the chancellor and chief inclusion officer at Texas Christian University (TCU) in Fort Worth. Consultant Shelley Arakawa, principal Charlene Aguilar, and consultant Alejandra Gillette-Teran led the assignment. “I am delighted that Dr. Benjamin-Alvarado has accepted this position and am eager to
ON Partners Recruits Chief Product Officer for Intellect
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position 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
The Skills That Help CEOs Make the Right Choices
Has decision making just become harder? With the business world spinning faster than ever before—and with no pre-established playbooks to fall back on—making high-stakes judgments in exhausting situations is now a daily task for every CEO, according to a new report from Russell Reynolds Associates’ Anita Wingrove, Alistair Macrae, Aimee Williamson, Ruben Hillar, and Eric
Myers McRae Seeks President for Pierpont Community & Technical College
Macon, GA-based Myers McRae Executive Search and Consulting has been enlisted to find the next president for Pierpont Community & Technical College in Fairmont, WV. Leading the search are Emily Parker Myers, CEO, and Kenny Daugherty, president, along with Jennifer Barfield, senior vice president. “This presidential search is an opportunity to lead one of West Virginia’s largest community
Furst Group Recruits CEO for Morris Hospital & Healthcare Centers
Executive recruitment firm Furst Group, which serves the healthcare and insurance industries, has assisted in the recruitment of Thomas J. Dohm as president and chief executive officer of Morris Hospital & Healthcare Centers in Morris, IL. He succeeds Mark Steadham, who is retiring after serving 12 years in the organization’s top leadership position. According to Brian Angwin, board
Unemployment Rate Hits Pre-Pandemic Low
Employment rose by 528,000 in May as the U.S. unemployment rate edged down to 3.5 percent, according to the most recent U.S. Bureau of Labor Statistics report. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and healthcare. Both total nonfarm employment and the unemployment rate returned to their February 2020 pre-pandemic
PE-Backed Tandym Group Acquires Longford & Company
Tandym Group, a recruitment, contract staffing, consulting, and workforce solutions company, has acquired Longford & Company, a Boston-based technology consulting and executive search company. Financial terms of the deal were not disclosed. Tandym is backed by Mill Rock Capital, a growth and operations-oriented private investment firm that invests in well-positioned industrial businesses in North America. “Longford
Wilton & Bain Adds Two New Practice Leaders
Wilton & Bain has added two new practice leaders, John Wittorf and Chris Rogerson, to its ranks. Mr. Wittorf, who will lead the North American consulting and tech services practice, joins the firm as a managing partner. Mr. Rogerson, a principal, will lead the global ESG and sustainability practice. They will be based in Austin, TX
Looking into the HR Crystal Ball
2022 is halfway over, so it’s the perfect time to take a look back at some of the predictions Blue Rock Search made when the year first started. How are the year’s biggest workplace trends playing out so far? Ruben Moreno, HR practice lead for Blue Rock Search, joins Hunt Scanlon Media to lay it all out.
Artico Search Recruits Chief Technology Officer for connectRN
Demand for top technology executives continues to gain momentum. Chief technology officer hiring, in fact, is expected to grow 18 percent by the end 2022, according to the U.S. Bureau of Labor and Statistics. Mercedes Chatfield-Taylor, co-founder of Artico Search, recently recruited Jonathan Bourgoine as the new chief technology officer of connectRN in Waltham, MA. Mr. Bourgoine is
ON Partners Places Chief People Officer for Rent
ON Partners has placed Sheila Dehdashti as chief people officer for Atlanta-based Rent, a provider of marketing software and rental management solutions. Partners Jake Espenlaub and Tindall (Sewell) Hein, and consultant Whitney Craigo spearheaded the assignment. “Great news from our colleagues at Rent,” said ON partners in an online posting. “Sheila brings over two decades of experience in strategic global HR
The Great Resignation: Developing A Robust Retention Strategy
Significant changes to recent employment rates have forced employers to re-evaluate their approach to staff retention and the factors that influence longevity and strength in a workforce. The Great Resignation, in which millions of people are leaving their jobs in search of better lifestyles, has caused upheaval in almost every industry, creating large gaps in
TurnkeyZRG Seeks CEO for United States Soccer Federation
TurnkeyZRG has been chosen by the United States Soccer Federation, the national governing body for the sport of soccer, to lead its search for a new chief executive officer. Current CEO Will Wilson announced last month that he will be stepping down at the end of October to pursue new professional ventures and opportunities. “The U.S.
Isaacson, Miller Assists University of Michigan in the Recruitment of New President
Isaacson, Miller’s John Isaacson, and John Muckle, along with Elizabeth Dorr Weithman have assisted in the placement of Santa J. Ono as the next president of the University of Michigan (UM). Dr. Ono, who is currently president and vice chancellor of the University of British Columbia (UBC), will begin his five-year term on Oct. 13. He will
The Changing Climate for CFOs in Private Equity
Though much has changed for CFOs in private equity in the past two years, it remains true that when a private equity firm acquires a company, one of the first three roles that the new owners usually look to reshape is that of the CFO, the others being chair and CEO. Typically, a PE firm
The Tolan Group Spins Out Healthcare Contract Business
The Tolan Group (TTG) has spun out a new business from its healthcare contract staffing division. The company will be known as ClinTech Health LLC with a primary focus on providing contract employees for short and long-term assignments as well as temp-to-perm assignments for clinical and healthcare IT professionals. ClinTech Health is led by industry veteran
Korn Ferry Acquires Interim Search Firm Infinity Consulting Services
Top experts in talent management and C-suite recruitment agree that interim leaders will likely play a significant and growing role in top grading senior-level positions in a post-pandemic era, where costs and efficiency underpin executive hiring. Korn Ferry has acquired Infinity Consulting Solutions (ICS). Terms of the deal were not disclosed. The acquisition is expected to be
The High Demand for Higher Education Leaders Continues
With a new school year approaching, a number of top colleges and universities have announced they are seeking new, high profile leaders to take them into new eras of fundraising, digitalization, sports and, in some cases, globalization. Several universities haven’t changed leaders in years or even decades, and their boards of trustees and search committees
CarterBaldwin Executive Search Places Chief Marketing Officer for Pepperdine University
CarterBaldwin Executive Search has helped to place Sean Burnett, formerly with the Gulf Coast division of HCA Healthcare, as senior vice president for integrated marketing communications and chief marketing officer at Pepperdine University. Mr. Burnett will lead Pepperdine’s award-winning marketing and communications team to share the university’s brand story through signature events, publications, and emerging
Kestria Names Americas Practice Leader for its Technology Practice Group
Kestria, formerly known as IRC Global Executive Search Partners, has appointed Travis Hann of Kestria Canada and USA, as the Americas practice leader for its technology practice group. “Kestria helps identify effective technology leaders who act as catalysts to enable quantum business growth,” said Gurdeep Hora, global technology practice leader, Kestria India. “We are constantly enhancing our
Managing Through the Great Resignation and Reshuffle
The Great Resignation and Reshuffle has continued into the summer, and it’s hitting the C-suite particularly hard. While the demand for top talent exceeds the supply, talented executives are more inclined to consider external opportunities, according to a new report from DHR’s Mike Magsig, Mary Matthews, and Heather Smith. As a result, companies seeking such talent
Essential Leadership Skills For A “Work Anywhere Anytime” World
COVID has changed the workplace forever. While working remotely began as a virus-driven imperative, its success has made it an option in most corporate structures. The hybrid/remote model is here to stay, and new leadership skills are needed to succeed in this “work anywhere anytime” world, says a recent report from IMSA Search. Today’s leaders
Do You Really Need an Executive Search Firm?
The people that make up any organization are critical to its success. From senior executives to middle managers, a company’s talent shapes its future and is of great importance to leaders of the organization. So it is that engaging an executive search firm in the talent acquisition process can help a company achieve its specific
Gauging the Forces That are Shaping Today’s Recruitment Environment
For many in the tech ecosystem, 2022 has brought the first true, deep market correction they have directly experienced. Market caps have been wiped out, pre-IPO shares are once again starting to resemble wallpaper, and companies are beginning to initiate hire freezes. But those who have lived through these dynamics know that the money does
Caldwell Recruits Managing Director, Head of People and Workplaces for Marlette Holdings
Toronto-based Caldwell has assisted in the recruitment of Graham Kennedy as managing director, head of people and workplaces at Marlette Holdings Inc., a financial technology company operating the Best Egg financial platform. Partner Brian Lawton led the assignment. “This new leadership role highlights, among other things, the investments our company is making to scale and grow our
Professional Development Is Key to Retaining Talent
As talent shortages persist, a new survey reveals that professional development opportunities are one tool for retaining employees. Indeed, 58 percent of those surveyed in a new report by The Conference Board say they are likely to leave their company without professional development—or continuing education and career training to help develop new skills, stay up
E.A. Hughes & Co. Places Head of Inclusion and Diversity for JCPenney
E.A. Hughes & Co., a division of Solomon Page specializing in retail and consumer-focused executive search, has partnered with JCPenney in identifying and placing Shenece Johns as the department store chain’s head of inclusion and diversity. Managing directors Ann MacCarthy and Bob Marchant led the search and took a unique and personalized approach to the assignment. Reporting to the chief human resources
ZRG Partners Recruits Chief Digital and Information Officer for Enovis
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently assisted in placing Ariane Schiereck as the chief digital and information officer at Enovis, a Fortune 500 medtech company. Lisa Hooker, ZRG’s managing director and technology practice leader, led the assignment along with Kevin Anderson, managing director, and Lambert Rugani, managing director
Heidrick & Struggles Posts 14.9 Percent Q2 Revenue Gain
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles / (NASDAQ:HSII) has posted second quarter revenues of $298.7 million, an increase of 14.9 percent vs. the prior year period. Revenue growth was driven by all regions in executive search, by Heidrick Consulting, and by the addition of on-demand talent. “Our firm generated all-time high quarterly revenue and
Diversified Search Group | Koya Partners Seeks CEO for Social Enterprise Greenhouse
Diversified Search Group | Koya Partners has been enlisted by the non-profit Social Enterprise Greenhouse (SEG), a network of business and community leaders who work to create jobs and support positive change through social enterprise, to lead its search for a new chief executive officer. Spearheading the assignment is managing director Alicia Salerno, who works primarily in Diversified
Odgers Berndtson Names Co-Head of U.S.-Latin American Practice
Odgers Berndtson has expanded with the addition of Larry Rubin as its newest partner and co-head for its U.S.-Latin American practice. In this role, he will work closely with other practice area leaders and country managers. “It’s exciting to grow our presence in Latin America and be able to offer our clients even more value in this region,” said Steve
The Keys to Recruiting Passive Candidates
If you’re a chief executive officer or a hiring manager today, finding a way to attract talent is top of mind. Since the onset of The Great Resignation, how to attract top talent has been a key focal point for leaders and recruitment teams—especially when it comes to executive search, according to a new report from JM Search. This candidate-driven
Reffett Associates Fills Key Roles for Federal Government
Seattle, WA-based Reffett Associates has been enlisted to help fill a series of key senior executive roles in technical and hard-to-fill positions for the federal government. Already this year Reffett has assisted the U.S. Army Material Command at the Redstone Arsenal in Huntsville, AL with recruitments for three highly qualified expert (HQE) positions. To be
N2Growth Appoints Country Head for Asia
N2Growth, a Philadelphia-based management consulting and executive search firm, has expanded in Asia with the appointment of Gene W. Oh as managing partner and country head, who will be leading the firm’s newest location in South Korea and reporting directly to the firm’s CEO, Kelli Vukelic. “N2Growth is pleased to welcome Gene, who will run the Korea office
ZRG Partners Recruits Chief Revenue Officer for CalAmp
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently assisted in placing Brennen Carson as the new chief revenue officer for CalAmp, an Irvine, CA-based telematics company. Mr. Carson is charged with helping to accelerate the business’ penetration into the transportation and logistics marketplace and drive sustainable revenue streams. ZRG’s managing
Daversa Partners Names Managing Director
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has appointed Samantha Pernice as its newest managing director, bringing eight years of search experience to the firm’s leadership team. “I am thrilled to announce Samantha as Daversa Partners’ newest managing director,” said Laura Kinder, president of Daversa Partners. “She has been instrumental in scaling our
Bespoke Partners Receives Strategic Investment from AEA Growth
Bespoke Partners, a leading provider of executive search and leadership advisory services for enterprise software companies, has received a strategic investment from AEA Growth. “We are excited to collaborate with the team at AEA Growth to enhance our services and deliver even greater value to our clients,” said Bespoke founder Kristie Nova. “The investment team brings
Post-Pandemic Job Shift: How Are Patterns of Employment Changing and Favoring Candidates?
The economic recovery over the past year has been remarkable: Most sectors have recovered their pre-pandemic levels of employment and the unemployment rate is almost as low as it was before 2020. Some sectors are struggling to find workers and hiring in all industries should remain tight. Looking beneath the surface, a new report by ACCUR Recruiting Services
DHR Global Recruits Executive Director for Museum of Arts and Sciences in Daytona Beach
The non-profit practice from DHR Global has helped place Tabitha Schmidt as the executive director of the Museum of Arts & Sciences (MOAS) in Daytona Beach, FL. She succeeds interim executive director Maria Hane and former executive director Andrew Sandall. The assignment was led by James Abruzzo, managing partner, global non-profit practice and principal Michele Baird Counter of DHR. “After
Bullhorn Acquires London-Based Search Firm
Recruiting software provider Bullhorn has acquired SourceBreaker, a London-based Al-driven search-and-match platform. Financial terms of the deal were not disclosed. Bullhorn said that the acquisition will further enhance Bullhorn’s portfolio of solutions for talent engagement across the entire candidate lifecycle, from sourcing to engagement, onboarding, and redeployment. “We believe the addition of SourceBreaker’s solutions to
Navigating Counteroffers: What to Know as an Employer and Employee
The last thing any organization wants to hear is that one of their key executive leaders is resigning in favor of a better career opportunity. If the company is unprepared, making a counteroffer might seem like the only way to keep that executive and the best way to address the woes of a highly competitive
Artico Search Recruits Chief Marketing Officer for Veeam Software
Mercedes Chatfield-Taylor, co-founder of Artico Search, recruited Rick Jackson placed as chief marketing officer at Veeam Software. Mr. Jackson previously served as CMO of Qlik. In this role, he led global marketing for end-to-end data integration and analytics vendor, helping organizations achieve active intelligence from their data. He was a key member of the executive leadership team that
Miramar Global Executive Search Opens Office in Austin
U.K.-based Miramar Global Executive Search, which specializes in technology, science, engineering, automotive and natural resources, has opened a new office in Austin, TX. Partner Francois Scholtz will lead the new location. Miramar’s global network of offices also includes London, Philadelphia, Singapore, and Zurich. “As we continue to expand our footprint with a mission to deliver world
Six Misconceptions About Executive Search Firms
Perhaps no industry is as misunderstood as executive search. For many senior executives, their understanding of the industry is based on only one or two experiences, often with large, brand name firms. But a new report from The McCormick Group’s Stephen Nelson notes that the world of executive search is much more extensive and diverse.
Arthur J. Gallagher & Co. Acquires Four Corners Group
Acquisitions continue to make news in the recruiting industry, with a number of notable purchases in recent months. Today, Arthur J. Gallagher & Co., one of the world’s largest consulting and risk management companies, has acquired Toronto-based executive search firm Four Corners Group Inc. Terms of the transaction were not disclosed. Founded in 2007, Four Corners
Caliber Associates Recruits Chief Scientific Officer for Atreca
San Diego, CA- based Caliber Associates recently placed Stephen Gould as the chief scientific officer of Atreca, a clinical-stage biotechnology company. “Stephen is an exceptional scientific leader with particular experience in the development of weaponized antibody-based therapeutics, and we are excited to welcome him to the Atreca team,” said John Orwin, CEO of Atreca. “Our discovery platform has
Redefining the Search Sector for PE Leaders
The private equity sector changed drastically in the past 30 years and even more so during recent times which have presented plenty of obstacles. However, private markets bounced back in 2021. After a year of pandemic-driven turbulence that suppressed fundraising and deal activity, private markets rebounded. Fundraising was up by nearly 20 percent year over
ON Partners Recruits Chief People Officer for O’Reilly Media
Talent acquisition strategies at many large companies have become as complex as their balance sheets. And while chief human resources officers play a vital role in overseeing an organization’s broad-based workforce, the chief people officer typically goes beyond overseeing its people policies. The focus instead is on building talent as a key competitive advantage, with
SpenglerFox Appoints Head of Life Sciences and Switzerland
Global executive search and human capital solutions provider SpenglerFox has added Zsuzsanna Zimonyi to its executive leadership team as partner, head of life sciences, and head of Switzerland. “Zsuzsanna has made a considerable contribution to our business since she joined us in 2013, and today the life sciences practice is one of the biggest contributors to our overall
Staffing Firms Accelerate Adoption of Digital Transformation
The last year saw a dramatic rise in the number of staffing businesses employing a digital transformation strategy, according to Bullhorn’s 2022 Global Recruitment Insights and Data (GRID) report, a survey of more than 4,000 recruitment professionals from upwards of 12 countries. Eighty-four percent of global recruitment firms had a digital transformation strategy in place
Anthem Executive Called in to Lead CFO Search for the Texas Tech University System
The Texas Tech University System (TTU System) has selected executive recruitment firm Anthem Executive to lead its search for a new vice chancellor and chief financial officer. Leading the assignment are Michael Ballew, Scott Watson, Mike “JR” Wheless, and Florene Stawowy. The TTU System is searching for an accomplished individual to cultivate its success and momentum across
StevenDouglas Appoints CEO
Executive search firm StevenDouglas has named Matt Shore as CEO, succeeding Steve Sadaka, who will assume the role of chairman and founder. “Matt truly embodies the core values that StevenDouglas was founded on. He is always committed to doing what’s best for our employees, clients, and candidates, as well as his community,” said Mr. Sadaka. “I couldn’t think
Caldwell Posts 17 Percent Revenue Gain
Toronto-based Caldwell posted Q3 revenues of $41.9 million (Canadian), a 17 percent increase from a year ago. Financial results include those of IQTalent Partners (IQTP). “This marks the fifth consecutive quarter of record year-over-year revenue results,” said John Wallace, CEO. “Consolidated revenue for the quarter was $41.9 million (a 17 percent increase over the prior year) and $120.2
