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Daily Newswire
Korn Ferry Posts Two Percent Revenue Decline
Korn Ferry (NYSE:KFY) has posted 2024 fiscal first quarter revenues of $668.7 million, a decrease of two percent from the same period a year ago. The decline was primarily due to decreases in the firm’s permanent placement talent acquisition offerings. Korn Ferry notes that this decrease was also due to a decline in demand driven by
Stevenson Search Partners Receives Long-Term Investment from SixSibs Capital
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has received a significant long-term investment from SixSibs Capital, a Milwaukee-based family-owned private investment company, in an effort to advance its expansion into a total talent solution company for the global life sciences market.
Executive Recruiters Pull Off Another Remarkable Year, Remain Bullish for 2023
Hunt Scanlon Media has released its annual rankings of leading executive recruiters. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2022, a result of continued pentup demand for senior-level leaders and their key reports.
TalentRise Appoints Leader of Coaching and Leadership Development Practice
TalentRise has named Kristen Fox Lampert as leader of its coaching and leadership development practice. She will focus on expanding TalentRise’s coaching and leadership development offerings, including fast start coaching and mental fitness for leaders programming. “Kristen’s thoughtful approach to coaching and leadership development is truly one-of-a-kind,” said Pete Petrella, TalentRise practice leader for executive search.
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?
Saenger Associates and GrowthPhases Form Partnership
Saenger Associates and GrowthPhases AG have formed an alliance to expand each firm’s client offering to include retained executive search, interim management and business consulting. “Our mission is to provide executive placements for the long-term success of our clients, and the win-win result for candidates and clients alike,” said Gary Saenger, founder and president of
7 Talent Trends for 2024 and Beyond
Executive recruiters are hoping that 2024 becomes a landmark year in the continuing redefinition of talent – human, artificial, C-suite, board, mid-level, high-potential, and front line. And it is changing so fast: if you blink, you can miss a trend that can significantly impact your business. As a boutique, global executive search firm dedicated to
Pacific Pride Foundation Taps Envision Consulting to Find New Leader
Pasadena, CA-based search firm Envision Consulting has been retained by Pacific Pride Foundation to lead in its search for a new executive director. Allison Fuller, Matt Kamin, Melissa Montoya, and Jess McBride are leading the assignment. Reporting to the board of directors, Pacific Pride Foundation is seeking an experienced, growth-minded executive leader to serve as their next leader. The
Frederickson Partners Recruits Chief People Officer for Proofpoint
Global HR search firm Frederickson Partners has recruited Kim Sullivan as chief people officer for Proofpoint, a cybersecurity and compliance solutions provider. In her role, Ms. Sullivan will lead the global human resources organization in driving business growth through strategic HR programs. She will report to the CEO, Sumit Dhawan. Ms. Sullivan brings more than 25 years of experience
Vetted Solutions Seeking New Leader for the American Peanut Shellers Association
The American Peanut Shellers Association has retained Washington, D.C.- based Vetted Solutions to lead in its search for a new executive director. The executive position offers a special opportunity to lead a proven, highly committed membership and staff in an aggressive effort to promote the best interests of shellers and the broader peanut industry. This
Hudson RPO Acquires Executive Solutions
Hudson RPO, a global total talent solutions company owned by Old Greenwich, Conn.-based recruiting firm Hudson Global Inc., has acquired Executive Solutions, a Dubai-based talent solutions company. Financial terms of the deal were not disclosed. The acquisition is expected to close later this month. “With the entry into the United Arab Emirates (UAE), Hudson RPO is
CEO Transitions Decline in 2023
In 2023, the number of S&P 1500 transitions declined from 2022 and have not yet returned to pre-pandemic levels, according to findings from Spencer Stuart’s CEO Transitions report. Transitions among the large-cap S&P 500 companies had been on track for a “normal” year of transitions but ultimately were lower than pre-pandemic averages, weighed down by
BroadView Talent Partners Retained by Oweesta Corporation for Multiple Searches
BroadView Talent Partners has been selected by Oweesta Corporation in Longmont, CO, to lead in its searches for a new chief program officer and chief lending officer. Oweesta provides training, technical assistance, investments, research, and policy advocacy to help Native communities develop an integrated range of asset-building products and services, including financial education and financial products.
Lantern Partners Assists Wondr Health with Chief Technology Officer Search
The forces that shape the technology, internet, telecom, and IT services industries move at the speed of light. In these industries, having the right leaders—with the vision and ability to drive growth and innovation—is an absolute necessity. Recently, Chicago-headquartered executive search firm Lantern Partners has assisted in the recruitment of Greg Tracy as chief technology officer of
Daversa Partners Names First Chief Marketing Officer
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has appointed Nicole Daversa as the firm’s first chief marketing officer. “I am thrilled to extend my heartfelt congratulations to Nicole on her well-deserved promotion to Chief Marketing Officer,” said Laura Kinder, president at Daversa Partners. “Nicole’s dedication, innovative strategies, and leadership have been instrumental in
Felix Appoints Managing Director in Executive Search Practice
Leadership development, recruiting, and outplacement firm Felix has expanded with the addition of Scott Sammon as a managing director in the executive search practice. He will join practice leader and managing director J. James O’Malley in supporting the firm’s healthcare and life sciences practice and other industry segments. “We are excited that Scott brings his expertise
Hiring Confidence Slows as Employers Steer Economic Headwinds
Employer hiring intentions continue to moderate for the second quarter of 2024, according to the lates ManpowerGroup Employment Outlook Survey. The research is based on data collected from more than 40,000 employers in 41 countries. Used internationally as a bellwether of labor market trends, the Net Employment Outlook (NEO) — calculated by subtracting the percentage of employers who
Creating an Impactful Succession Plan
CEO succession is a critical process for companies, ensuring that they have the right leadership in place to drive success and growth. The process refers to the strategic process of identifying and developing individuals within an organization to take over key leadership positions when they become vacant. Without well-executed succession plan best practices, organizations can face
Greenwood Asher & Associates Seeking President for Milwaukee Area Technical College
Miramar Beach, FL-based executive recruitment firm Greenwood Asher & Associates has been selected by Milwaukee Area Technical College to conduct a national search for their next college president. Tracey Weldon, Jim Johnsen, and Itza Walters are leading the assignment. “We are honored to have been selected by the Milwaukee Area Technical College board to support their
Lindauer Appoints Co-Leader of Higher Education Practice
Lindauer has expanded with the addition of Paula Fazli as senior vice president. She will also serve as co-leader of the firm’s higher education practice along with Faith Montgomery and will expand its executive recruitment, talent management, and consulting services. “Throughout her respected career in executive search, Paula has helped some of the most prestigious institutions
How Companies are Using Interim CFOs
In recent years, the role and responsibilities of CFOs have grown greatly beyond their historical boundaries. No longer seen simply as stewards of the company’s financial management, compliance, and reporting, a Raconteur report recently noted that CFOs today are taking an increasingly prominent role as key strategic partners to the CEO, tapping vast troves of data
The League of Women Voters of the United States Retains BoardWalk Consulting to Find New Leader
Executive recruitment firm BoardWalk Consulting was recently retained by The League of Women Voters of the United States in Washington, D.C. to lead in its search for a new CEO. Managing director Kathy Bremer and senior research associate Lysondra Somerville are leading the assignment. Reporting to the board of directors and the League of Women Voters Education
20/20 Foresight Executive Talent Solutions Assists the Pittsburgh Symphony Orchestra with Marketing and Communications Search
20/20 Foresight Executive Talent Solutions has assisted in the recruitment of Julie Stapf as vice president of marketing and communications of the Pittsburgh Symphony Orchestra. Ms. Stapf is a highly accomplished, award winning marketing and communications leader. She joins the Pittsburgh Symphony from the Cleveland Orchestra, where she served for several years as vice president
Newcastle United Taps Odgers Berndtson to Lead Sports Director Search
Given the search industry’s knack for finding a need and filling it, it was only natural that recruitment firms would soon step to the fore in the sports sector, which has become a growth area for executive search businesses. Many C-suite-focused recruiting firms are now active in the sector and some specialize only in the
EMA Partners Adds Dasein in Brazil as Newest Member Firm
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. EMA Partners International, a global partnership of executive search professionals, has added Dasein in Brazil as
Conviction And Speed To Drive M&A Deals In 2024
The M&A market has always operated in a boom/bust cycle of expansion and contraction. And the last couple of years have been no exception. According to Bain & Company’s latest Global M&A Report, rising interest rates among other factors represented a significant obstacle for dealmakers. But the biggest hurdle according to the consultancy was the valuation gap between
The Importance of Functional Talent in 2024
Communications and labor relations teams played critical roles in keeping employees safe and informed during the pandemic and during recent labor unrest. These senior executive teams also kept management’s message in the market during the recent labor negotiations, according to a recent report from Holden Richardson’s Beverley O’Connor. The report highlights why these two unplanned
Ivy Group Seeking CEO for The Forum
Toronto-based executive search firm Ivy Group was recently selected The Forum to lead in its search for a new CEO. After five years of leadership, CEO Paulina Cameron left the organization at the end of December 2023. The incoming CEO will steer The Forum into its next chapter of growth and impact. The ideal candidate will
The Christopher Group Recruits Head of Human Resources for IVS Group
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has placed Jim Carpenter as the new head of human resources at IVS Group, a trusted source in the industrial services and infrastructure-related construction industries. Managing partner, Tobin Anselmi and recruiting director, Morgan Booker, headed the assignment. “Morgan and I truly enjoy working with Keith
Sheffield Haworth Appoints Head of Financial Services and PE Practice in India
Global leadership advisory and executive search firm Sheffield Haworth has expanded with the addition of Avneesh Raghuvanshi as executive director and head of financial services and private equity practice in India. He will be based in the Mumbai and Delhi offices, overseeing and driving the executive search initiatives in India’s financial services sector and private equity domain. “Avneesh’s
Integrating Cultural Humility into the Coaching Process
Building a positive workplace culture has become one of the top priorities for organizations around the world. Since the pandemic, many employers have focused on building workplace environments in which their employees can feel safe, engaged, inspired, and productive. According to human capital experts and talent industry leaders, it is positive workplace culture that now
Peña Search Seeks New Leader for Human Rights Initiative of North Texas
Peña Search has been retained by the Human Rights Initiative of North Texas (HRI) to head its search for a new executive director. Bill Holston is stepping down from his role after 11 years at the helm. Travis Hillier and Cindy Maloney are leading the assignment. HRI is seeking a dynamic successor to compassionately lead a committed team
Heyman Associates Appoints New CEO
New York City-based executive search firm Heyman Associates has appointed Jessamyn Katz as its new chief executive officer. Founder and CEO Bill Heyman, who established the firm in 1989, will be retiring at the end of the year. Ms. Katz has served as president since 2019. Mr. Heyman will remain as an advisor to the
Building A PE-Value Creation Team for the Future
A growing number of private equity firms are adding value creation teams to their organization. But many are finding that designing the structure of these teams has its difficulties, says JM Search’s Andrew Henry in a new report. “With many variations present in the market, building a strategy that fits the fund size and investment
ON Partners Recruits Chief Sales and Marketing Officer for Searchspring
Daniel Bolger and Jake Espenlaub of ON Partners have helped to recruit Rebecca Grimes as chief sales and marketing officer of Searchspring in San Antonio, TX. “We are thrilled to welcome Rebecca to our leadership team,” said Alex Kombos, CEO of Searchspring. “She is an experienced revenue leader with a strong track record of driving revenue growth and
Paving the Way to Rehire a High Performing Employee
So, your high performer just resigned. You’re feeling frustrated and let down. That doesn’t make you a bad leader. It makes you human. In fact, if you’re taking it personally, it’s most likely because you exerted significant effort into mentoring and helping this employee grow. “While these feelings are perfectly natural, how you react to
Artico Search Recruits VP of Enterprise Sales for CharterUP
Mercedes Chatfield-Taylor, Sarah Scheer, and Todd Daniel of Artico Search recently assisted in the recruitment of David House as vice president of enterprise sales of CharterUP. “A special thanks to Armir Harris, CEO, and Howard Bornstein, president, for their remarkable partnership,” Artico Search said. “We look forward to the next chapter of growth with David and the rest of
The Taplow Group Adds McDonald Search Group in Canada
Global recruiting consortium The Taplow Group has expanded in Canada with the addition of the MacDonald Search Group as its newest member firm. Led by Bruce MacDonald, founder and managing partner, their Canadian operation spans from the east to west coast with a presence in seven cities including Vancouver, Calgary, Edmonton, Halifax, Moncton, Ottawa, and Toronto. “We were
Global Hiring Outlook and How Hiring Continues to Rely More On AI
Employers anticipate closing out 2023 with a calculated approach to hiring, according to the latest ManpowerGroup Employment Outlook Survey of nearly 39,000 employers in 41 countries. The net employment outlook for Q4 is +30 percent, up one percent from Q4 2022, and a two percent increase from last quarter. “The data for Q4 reveals employers
The Loring Group Recruits CIO for Diamonds International
San Francisco-headquartered executive search firm The Loring Group recently placed Duke del Prado as the new chief information officer for Diamonds International. The search was led by senior partner Rich Kampmann. Mr. del Prado joins Diamonds with over 25 years of information technology leadership experience working in a variety of industries including consumer goods, retail, manufacturing, professional
Slone Partners Finds Chief Medical Officer for X4 Pharmaceuticals
Life sciences-focused search firm Slone Partners has placed Christophe Arbet-Engels as chief medical officer at X4 Pharmaceuticals Inc., a public biopharmaceutical company. The enterprise is developing novel small molecule therapeutics to benefit patients with diseases of the immune system. Dr. Arbet-Engels previously served as CMO at several life science companies, including Neurogastrx, Millendo Therapeutics, and Poxel Pharmaceuticals,
BarkerGilmore Expands Team
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has expanded with the addition of Laura J. Schumacher as a senior advisor. In this position, Ms. Schumacher will provide guidance and professional development to general counsels and other executives. She brings expertise in the healthcare industry to the firm’s healthcare and life
Beecher Reagan Appoints Co-Leader Advisory/Middle-Market and Investor-Backed CFO practices
Houston, TX-headquartered executive search firm Beecher Reagan has strengthened its search staff with the appointment of Brad Pierce as managing director and co-leader the advisory and middle-market practices, as well as the investor-backed CFO practice. “As Beecher Reagan targets strategic growth in middle-market consulting and doubles-down on our commitment to serve private equity clients, we look for
A Look at Leveraging Success for AI Recruiting
Great talent has always been integral to developing cutting-edge artificial intelligence solutions. Since its founding, True Search has done work with AI-enabled companies and platforms, accounting for 12 percent of True’s placements over the past five years. While this work has remained constant, it’s clear something about AI hiring has changed: There has been an exponential
The Christopher Group Looks to Acquire Six Summit Leadership
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has completed a letter of intent to acquire Six Summit Leadership, an executive coaching and leadership development firm. The transaction is expected to officially close on Sept. 29. “We are extremely excited to continue to innovate and add value for our
ZRG Recruits CEO for Quarterhill
ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently assisted in the recruitment of Chuck Myers as the new CEO of Quarterhill, a Toronto-based provider of tolling and enforcement solutions in the intelligent transportation system (ITS). Kevin S. Anderson and Lisa Hooker led the assignment. “Our team continues to expand our expertise and experience at
DRiWaterstone Human Capital Seeks Executive Director/ General Manager for Michigan Radio
Arlington, VA-based DRiWaterstone Human Capital has been selected to find the next executive director and general manager of Michigan Radio, the public broadcasting service of the University of Michigan, in Ann Arbor. “The executive director and general manager will be a visionary for the future of the station, working with a talented team of individuals in
N2Growth Expands to Turkey
N2Growth, a Philadelphia-based management consulting and executive search firm, has opened a new office in Turkey, cementing the firm’s footprint in EMEA and underscoring its ongoing commitment to global reach and diversity. Sevda Ozsonmez has been named as managing partner of the new location, representing N2Growth in Turkey. She will report to CEO Kelli Vukelic. “Sevda’s vast experience in
How to Develop Effective Leadership Succession Planning
Poor succession planning processes stemming from a lack of leadership development and assessment can be extremely costly. Harvard Business Review, in fact, has found that this problem costs an estimated $1 trillion across the S&P 1500 annually. When employees feel engaged, valued, and supported through development opportunities, they are more likely to stay with a company
Helping Gen Z Upskill in the Digital Era
Born between the mid-1990s and the early 2010s, Gen Z individuals are often portrayed as tech-savvy digital natives who effortlessly navigate the intricacies of technology. There is a growing understanding, however, that this assumption is far from accurate, as many Gen Z workers face challenges when it comes to applying their technological skills effectively in
ECA Partners Recruits CEO for Transifex
Santa Monica, CA-based search ECA Partners has assisted in the recruitment of Chris Menier as the new chief executive officer of Transifex, a translation management system based in Washington, D.C. “ECA ran an organized and thorough process for our CEO search,” said Dennis Dresser, operating partner at JMI Equity, backers of Transifex. “Their highly professional
Work&Partners Seeks Chief Product Officer for Toppan Merrill
New York-based Work&Partners has been selected by Toppan Merrill to lead in its search for a chief product officer. Founder and president Alan Work is leading the assignment. The chief product officer will join the company’s executive leadership team and will report to the president. The executive in this role will be expected to reimagine the
Acacium Group Acquires Sumo Medical Staffing
Acacium Group, a London-based healthcare and clinical/scientific recruiting provider, announced that it has acquired Sumo Medical Staffing, a specialist recruiting firm based in Draper, UT. Financial terms of the transaction were not disclosed. “Sumo Medical Staffing is an outstanding healthcare business that expands our staffing and workforce management offering to our clients in the U.S.,”
3 Lessons in Executive Leadership
Every executive team must assess what is needed to meet the challenges of growth, scale, and investor expectations. This is particularly true when selecting an executive leadership team, according to a new report from ZRG Partners’ Summer Anderson. In her study, Ms. Anderson revisited how over two and a half years, ZRG partnered with Marathon Digital
ON Partners Recruits CFO for Axcelis Technologies
Executive search firm ON Partners recently helped to place James Coogan as the new CFO of NASDAQ-traded Axcelis Technologies Inc., a supplier of enabling ion implantation solutions for the semiconductor industry. Mr. Coogan will join the company in October. Partner Lenny Vairo spearheaded the assignment for the search firm. “After an extensive search, we are delighted to announce
Greenwood Asher & Associates Places President and CEO for University of the District of Columbia
After an extensive, seven month search, Miramar Beach, FL-based executive recruitment firm Greenwood Asher & Associates has placed Maurice D. Edington as the new president and CEO of the University of the District of Columbia (UDC). Marion Frenche, associate vice president of executive search and practice leader for diversity, equity, and inclusion, led the assignment
Frederickson Partners Recruits HR Leader for Kyverna Therapeutics
Global HR search firm Frederickson Partners recently assisted in the recruitment of Portia Serame as vice president of human resources at Kyverna Therapeutics, a clinical-stage cell therapy company with the mission of engineering a new class of therapies for autoimmune diseases. Ms. Serame joins Kyverna Therapeutics from ReCor Medical, where she served as senior director of HR. In
Corsica Partners Acquires Alora Search Partners
Corsica Partners has acquired Alora Search Partners and appointed its founding partner, Mary Langan as managing director and cybersecurity practice lead. “Alora Search Partners has developed a respected reputation serving public, VC and PE backed software, robotics, and cybersecurity firms,” said Dan Veitkus, managing partner and CEO of Corsica Partners. “Under Mary’s leadership, Alora has
Korn Ferry Posts Flat Q1 Revenues
Korn Ferry (NYSE:KFY) has posted 2024 fiscal first quarter revenues of $699.2 million, essentially flat from the same period a year ago. Fee revenue remained constant primarily due to an increase in the interim portion of Professional Search & Interim, resulting from the acquisitions of Infinity Consulting Solutions which was effective Aug. 1, 2022 and Salo which
The Tolan Group Fills CFO Role for Memorial MRI & Diagnostic Imaging Centers
The Tolan Group (TTG) recently assisted in the placement of Fred Huang as the new chief financial officer of Memorial MRI & Diagnostic Imaging Centers (MMRI). The company is based in Houston, TX and backed by Panos, a private equity sponsor focused on making investments in middle-market healthcare and business services companies. Jennifer Chee, principal,
BoardWalk Consulting Places CEO of Deep South Today
Executive recruitment firm BoardWalk Consulting has placed Warwick Sabin as the inaugural president and chief executive officer of Deep South Today, a networked hub of non-profit newsrooms. Founding director Sam Pettway and directors Cynthia Moreland and Michelle Hall led the assignment. Mr. Sabin, who most recently served as chief strategy officer at Interfaith America, a
Artico Search Recruits Chief Product Officer for LeadsOnline
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