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Daily Newswire
Laid Off by AI? What’s Really Driving the Latest Job Cuts
Companies are firing workers and saying AI made them do it. But new research from MIT and Oxford reveals the truth: 95 percent of companies investing in AI are getting zero return, yet they’re still using artificial intelligence as a convenient excuse for layoffs. This matters for anyone worried about job security in today’s market,
Employment Falls by 92,000 as Unemployment Rate Rises to 4.4 Percent
Employment fell by 92,000 in February as the U.S. unemployment rate rose to 4.4 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.6 million, changed little in February. Employment in healthcare decreased, reflecting strike activity. Employment in information and federal government continued to trend down. “That jobs weakness coupled
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.
Why PE-Backed Companies Need a Talent Operating System
PE-backed companies rarely underperform because they lack urgency. They underperform because they fail to translate strategy into talent with enough precision, according to a recent report from Keith Johnstone, vice president of marketing at Talentfoot Executive Search. “In our experience leading executive searches for PE-backed businesses, the real breakdown usually happens before a search begins,
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?
Acertitude Recruits Head of Cybersecurity/CISO for Adevinta Spain
Acertitude has assisted in the recruitment of Xavi Bertomeu as head of cybersecurity and chief information security officer for Adevinta Spain, an EQT portfolio company. The search was led by partners, Eliza Baker and Tim Cook with support from Finty Hunter and Hannah Elwiss. Mr. Bertomeu brings more than a decade of experience in cybersecurity,
Anthem Executive | Anthem Academics Seeking Director of Athletics Texas A&M International University
Athletic directors are playing an increasingly vital role at colleges and universities across the country. With the expansion of athletic departments and, for the larger schools, the infusion of big dollars for sports, more schools have turned to search firms when such positions become open. Too much is at stake, they feel, to go at
Reducing Risk Through Informed Executive Search
As organizations face increasing pressure to make the right leadership decisions, executive search is becoming less about simply filling senior roles and more about reducing risk of a bad hire through better information, stronger alignment, and a deeper understanding of the leadership market. Companies are increasingly seeking search partners that can provide strategic insight before
Rokos Group Seeking CHRO for Keck Medicine of USC
Newport Beach, CA-based executive search firm Rokos Group has been retained by Keck Medicine of USC to lead in its search for a new chief human resources officer. The CHRO will serve as a strategic executive leader responsible for recommending, developing, implementing, administering, interpreting, coordinating, and evaluating human resources strategies, policies, programs, laws, and procedures pertaining to
Academic Career & Executive Search Retained by Briar Cliff University to Find New CFO
Academic Career & Executive Search (ACES) has been selected by Briar Cliff University to lead in its search for a vice president of finance and chief financial officer. Jennifer Muller, managing partner, is leading the assignment. Briar Cliff University seeks a strategic and entrepreneurial financial leader. Reporting directly to the president and serving as a member of the
How Adaptive Governance Is Reshaping Leadership in Private Equity
Private equity firms have transformed how they create value, placing greater emphasis on operational execution, leadership effectiveness, and strategic oversight throughout the investment lifecycle. As a result, executive search firms are increasingly being called upon not only to recruit high-impact leaders and board directors, but also to identify executives capable of operating within governance models
Why the Chief AI Officer Is Becoming a C-Suite Essential
Artificial intelligence is reshaping executive leadership, prompting organizations to rethink who should guide enterprise-wide AI strategy and oversee its responsible adoption. As companies move beyond experimentation to large-scale implementation, executive search firms are seeing growing demand for leaders who can combine technical expertise with business acumen, regulatory awareness, and the ability to drive transformation across
Yale University Taps Lindauer to Lead Vice President for Alumni Affairs and Development
Lindauer has been retained by Yale University to lead in its search for a vice president for alumni affairs and development. The search is being led by Lindauer CEO Deb Taft, executive vice president Faith Montgomery and senior consultant Andrew Machado. Yale University seeks an accomplished, visionary, and collaborative leader. Reporting directly to president Maurie McInnis and serving
What a Great Executive Onboarding Plan Actually Looks Like
Executive search firms devote significant time and expertise to identifying leaders capable of driving organizational success, yet the work of ensuring those executives thrive often begins only after the search concludes. As organizations face mounting pressure to maximize leadership investments and accelerate executive impact, onboarding is emerging as a critical extension of the search process
Slone Partners Recruits Chief Scientific Officer for Prolynx
Life sciences-focused search firm Slone Partners has recruited Amer Mirza as chief scientific officer at Prolynx, a biotechnology company developing a next-generation portfolio of ultra-long-acting medicines for obesity and related metabolic conditions. “Dr. Amer Mirza is an accomplished scientific leader whose deep expertise in drug discovery and development and passion for innovation make him exceptionally well suited to serve as
Wilson Appoints New CEO
Global talent solutions provider Wilson has announced a planned leadership transition as founder and CEO John Wilson moves into a role on the board after nearly 24 years leading the company. Jean-Francois Vezina has been appointed CEO and will lead the next phase of Wilson’s growth and innovation. “It was important to me that the company be
ATS vs. CRM: Why Both Matter in Executive Search
An ATS is designed to move candidates through a single search, not to maintain relationships over the years between searches. In executive search, however, those long-term relationships are where most of the revenue is actually generated. A new report from Recruiterflow breaks down the difference between an ATS and an executive search CRM, why relationship-driven
Potrero Group Leads Search for the Leader of Bay Area’s Largest Trail Network
San Francisco-based leadership consulting and search firm Potrero Group has assisted in the recruitment of Kirsten Saenz Tobey as the executive director of the Bay Area Ridge Trail Council. This follows a national search. “Kirsten brings exactly the combination of strategic vision, entrepreneurial leadership, and genuine passion for conservation that this moment calls for,” said Taylor
Caldwell Appoints COO; Announces New Regional Managing Partner Structure
Toronto-based Caldwell has named John Blank as chief operating officer. The firm has also established a new regional managing partner structure designed to support the firm’s continued growth, strengthen operational effectiveness, and enhance coordination across its global platform. In his new role, Mr. Blank will oversee Caldwell’s business and people operations, including regional leadership, talent and people
The Evolution of the CHRO: From Personnel to Enterprise Leadership
The responsibilities of today’s chief human resources officer extend far beyond talent management, reflecting a broader shift in how organizations view leadership and business performance. As workforce transformation, artificial intelligence, and organizational change reshape corporate priorities, the CHRO has become an increasingly influential voice in helping CEOs and boards navigate strategic decisions. Not long ago,
GHP Search Assists Christel House with the Recruitment of New Board Members
GHP Search, formerly known as Greenwich Harbor Partners, has helped Christel House Intl. to recruit John Gomes, partner, global telecom and technology at Bain & Co, and former partner, software at Kearney, Mani Iyer, chief AI and technology officer at Vanguard and former SVP – global head of infrastructure, data and technology at Paypal. Mr. Gomes is a globally recognized transformation and strategy leader in
TOC Arts Partners Assists Union Arts Center with the Recruitment of First Artistic Director
Following an extensive national search, New York City-based TOC Arts Partners has assisted Union Arts Center in Seattle, WA, with the recruitment of Yuvika Tolani as the first permanent artistic director. The search was led by vice president of executive search, Cynthia Fuhrman. “As a former resident of Seattle myself, I have enjoyed many performances
Why PE Organizations Need to Apply Their Own Playbook to Themselves
Private equity firms have long applied rigorous operating frameworks to the companies they acquire, but many have yet to bring that same discipline to their own organizations. As market conditions demand stronger operational execution and more consistent value creation, leading firms are rethinking how they structure teams, define leadership roles, and integrate operating expertise across
ZRG Aspen Leadership Group Seeking Chief of Development for the American LGBTQ+ Museum
ZRG Aspen Leadership Group was recently retained by the American LGBTQ+ Museum to lead in its search for chief of development. Jeanette Rivera-Watts is leading the assignment. Reporting to the executive director, the chief of development will provide the leadership, direction, and coordination of fundraising strategies and activities to advance the mission of the American
Lochlin Partners Recruits CFO for the Virginia Hospital & Healthcare Association
Lochlin Partners has recruited Janelle Padgett as VP and CFO of the Virginia Hospital & Healthcare Association in Glen Allen, VA. Ms. Padgett has more than 25 years of progressive executive leadership experience across complex healthcare systems, including multiple CFO, controller, and senior finance leadership roles within both for-profit and non-profit healthcare organizations. Most recently,
Why PE Firms Need Operational CFOs as Executive Growth Planners
Consider a private equity deal team forced to hold a portfolio company well beyond its planned exit timeline—not because the business underperformed, but because the IPO market stalled and potential buyers disappeared. Today, that scenario is more common than exceptional, a recent report from Odgers explained. “In an era where capital is abundant but exits
Executive Hiring Without Borders: Navigating the Opportunities and Risks
Remote work has transformed how we do business. When it comes to hiring, there are no borders. Companies can choose leaders from around the globe to guide their organizations. While beneficial, this can also present issues, according to a new report from Stahl Recruiting Executive Search, an executive search firm specializing in the railway industry. “When
Academic Search Recruits 10th President for the University of Saint Mary
Following a nationwide search, education-focused executive recruiter Academic Search has assisted in the recruitment of Ann Marie Fallon as the 10th president of the University of Saint Mary (USM) in Leavenworth, KS. Senior consultants Suzanne Mellon and Disa Mason led the assignment. She will succeed Sister Diane Steele, who has led USM for 25 years and last summer announced her
Why Human Judgment Will Matter More in the Age of AI
AI will accomplish extraordinary things—but it will also tempt us to mistake output for humanity. It has the potential to boost productivity, reduce costs, accelerate insight and innovation, and, when used thoughtfully, even deepen our self-awareness. As AI agents and systems become increasingly capable of showing reasoning, empathy, and elements of judgment, many people will
The Tolan Group Recruits VP of Payor Strategy at CCRM Fertility
The Tolan Group (TTG) has placed Marianne Fanning as vice president of payor strategy at CCRM Fertility, bringing extensive experience in managed care strategy, payor relations, and reimbursement optimization. Ms. Fanning’s appointment reflects CCRM Fertility’s continued investment in expanding patient access, strengthening payor partnerships, and supporting the organization’s long-term growth strategy. Prior to joining CCRM Fertility,
The Power of Peer Groups: Why Every Leader Needs One
Success can be isolating. As entrepreneurs, executives, and business owners, we are expected to have all the answers, make the tough calls, and push forward—even when the weight of leadership feels overwhelming. However, here is the truth: no one succeeds alone, according to a recent article from Steve Ziegler, founder of the Denver-based executive search
Slone Partners Secures Chief Medical Officer of OmniSeg
Executive search firm Slone Partners has placed Roger D. Klein as chief medical officer of OmniSeq. Dr. Klein will support OmniSeq in its continued development of innovative products that help oncologists identify the best precision medicine options for their patients. “Dr. Klein is a highly accomplished leader in the innovative fields of molecular pathology, oncology and precision medicine,” said
When the Mask Comes Off: Job Hunting in a Post Pandemic World
Search professionals continue to adjust to new ways of doing business as a result of the COVID-19 pandemic. Despite growing unemployment numbers, recruiters are finding new pathways to work through the crisis. From the jobseeker standpoint, however, many mid- to senior-level professionals are unsure how to proceed with their job searches. A new report by
TowerHunter Tapped by UMOM New Day Centers to Find New CEO
Economic and community development organizations continue to turn to executive search firms to find new leaders. Recently, Phoenix, AZ-headquartered executive search firm TowerHunter was selected by UMOM New Day Centers to lead a national search for a new chief executive officer. UMOM New Day Centers is Arizona’s largest provider of services for individuals and families experiencing
Integrated People Solutions Partners with High Potential Inc. to Offer Outplacement Services
Over the years, executive search firms have expanded into an array of new business offerings, from leadership development and training to executive coaching and management assessment. Now, one search firm is offering career transition services to the tens of millions of employees suddenly laid off or furloughed as a result the economic devastation brought on
Conducting a Job Search During a Global Pandemic
Americans displaced by the coronavirus crisis continue to file for unemployment benefits in historic numbers sending millions of people looking for new jobs. With many organizations under hiring freezes, these are tough times to be seeking a new position. “As we find ourselves in unprecedented times, many mid- to senior-level professionals are unsure how to
Phillips Oppenheim Seeking President for Bennington College
New York City-based executive search firm Phillips Oppenheim has been enlisted to find the next president of Bennington College. Mariko Silver, who held the job for six years, stepped down last summer to become president and chief executive officer of the Henry Luce Foundation. Isabel Roche, who had been provost and dean of the Vermont college, is
Benchmark Executive Search Expands Cybersecurity Advisory Board
Benchmark Executive Search, a boutique provider of cybersecurity talent, has expanded its advisory board with the addition of former CIA executives Sue Gordon and Constantine M. Saab as new members. To address the growing need for a full spectrum of enterprise risks in corporate boardrooms, Benchmark is expanding its network of experts ranging from cybersecurity,
The Future of Work and the Workforce in the Post-Pandemic Era
COVID-19 is only the latest example of a seismic global event upending sophisticated organizations. For no one does this matter more than for talent managers, who find their every process now up for grabs, according to a new report, “The Future of Work and the Workforce in the Post-Pandemic Era,” authored by Richard Stein, chief
Museum of Modern Art Picks Major, Lindsey & Africa to Find Next General Counsel
Legal recruiting continues to be a hot area for search firms. Lawyers employed by government agencies in particular have been on the move in recent months, according to Hunt Scanlon Media. Employment of lawyers is projected to grow 10 percent through 2022. Demand for legal work is expected to be robust as individuals, businesses and all levels of
Heidrick & Struggles Launches New Diversity & Inclusion Practice
Competitive companies, organizations and government agencies know that diversity matters. Why? The demographics of the nation must mirror the workforce. Why diversity? It’s the customer; it’s the worker; thus, it must be the executives. Research shows that organizations that unleash the potential of diverse talent innovate faster and see better business results. It starts by
Leading Through Uncertainty and Fear
We are living in unprecedented times in which fear and uncertainty caused by the coronavirus pandemic are having a tremendous impact on our lives. Matters are further complicated by having to live in isolation, all the while hearing from 24/7 news outlets about the rising numbers of infections and deaths. As the global economy all
CFA Society New York Taps Vetted Solutions to Find CEO
Washington, D.C. based executive recruitment firm Vetted Solutions has been enlisted to find a chief executive officer for CFA Society New York (CFANY), a financial services forum and provider of professional education and career development to Wall Street. The group’s previous CEO, Daniel Dagen, stepped down at the end of March. Peter Rush of Kellen,
Raines International Opens Office in Washington, D.C.
New York-based Raines International has opened a new office in Washington, D.C., and named Patrick Gray to oversee it as a managing director. He will also serve as head of the firm’s diversified industrials practice. “Patrick is an extremely impressive professional with excellent credentials and a unique background that will be invaluable to our clients, now and in
Jobless Claims Reach 30 Million in Six Weeks
Americans displaced by the coronavirus crisis again filed for unemployment benefits in historic numbers within the last seven days, with the Labor Department reporting this morning another surge of 3.839 million claims. More than 30 million people have now filed for unemployment benefits over the past six weeks, representing roughly 18.6 percent of the U.S.
BrainWorks Assists Hollander Sleep Products in COO and CFO Searches
New Providence, NJ-based executive search firm BrainWorks recently assisted in the placements of James Hill and Kim Mattoon as chief operating officer and chief financial officer of Hollander Sleep Products, a Centre Lane Partners backed company. Eric Frickel, leader of the recruitment firm’s private equity search practice, led the assignment. “The engagement started in August
Beaumont Bailey Appoints Head of Leadership Development
London-based specialist executive search firm Beaumont Bailey has expanded with the addition of Robin Landsman as head of leadership development. “We are delighted to have Robin join our team at Beaumont Bailey,” said director George Dobbins. “She has outstanding experience which will be invaluable to our clients and strengthens our wider leadership offering. Her presence amongst our
Conducting Executive Searches During a Pandemic
Steve Caliger opened The Loring Group earlier this year and since then times have changed dramatically for all businesses, including executive search firms. “The reason we started The Loring Group was to deliver higher quality work,” Mr. Caliger said. “Our partners were leaders for technology, banking, healthcare and professional services companies before becoming recruiters. We
Hanold Associates Recruits Head of People Analytics for Capital Group
Sandra Peña and Ashley Schiele of Chicago-based Hanold Associates have teamed up to place Erin Urwin as people analytics senior manager for Capital Group, a private financial services company headquartered in Los Angeles. “Erin is an influential leader who will be a transformative addition to Capital Group’s People Analytics team,” said Ms. Peña, a partner with the search firm. “She is
Comhar Partners Recruits CEO for Embrace Living Communities
Chicago-based executive recruitment firm Comhar Partners has placed Ralph Gaines as the new chief executive officer of Embrace Living Communities, an Oak Brook, IL-based non-profit which owns and operates housing communities for seniors and people with special housing needs in Illinois, Missouri and Florida. Managing director James O’Malley along with Bernard Layton and Nick Layton led the assignment
Heidrick & Struggles Posts Flat Revenues as COVID-19 Impact Continues
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles (NASDAQ:HSII) posted first quarter revenues of $171.5 million, flat from revenues during the same period a year ago surpassing the Zacks Consensus Estimate by 2.32 percent. The firm has topped consensus revenue estimates three times over the last four quarters. “We generated revenue in the upper
Greenwich Harbor Partners Recruits CFO for Warburg Pincus-Backed Petplan
Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies, especially private equity-backed outfits. Recently, Greenwich Harbor Partners placed David Zollenberg as the new CFO for Petplan, a Warburg Pincus portfolio
Robert Half Posts Three Percent Revenue Gain Citing COVID-19 Impact on Results
Robert Half International Inc./(NYSE:RHI) posted first quarter revenues of $1.507 billion, up three percent from the same period a year ago beating Wall Street’s expectations. This compares to year-ago revenues of $1.47 billion. The company has topped consensus revenue estimates three times over the last four quarters. The Menlo Park, CA-based recruiting company recorded net income
The COVID-19 Impact on Executive Search
The COVID-19 pandemic has had an impact on every business sector, executive recruiting included, costing organizations billions of dollars in lost revenue. Goldman Sachs estimates that economic growth around the world will be zero in 2020 thanks to the virus. To many, even that seems grossly underestimated. But the coronavirus is causing far more than just
Lindauer Tapped to Find Alumni Relations Director for Seoul Foreign School
Boston-based Lindauer is spearheading the search for a new director of alumni relations for the Seoul Foreign School (SFS) in South Korea, one of the leading international schools in Asia. Heading the assignment is vice president Carmel Napolitano. “The Seoul Foreign School is seeking an adventurous and energetic alumni relations and development professional to join
Odgers Berndtson Opens Salt Lake City Office
Odgers Berndtson has continued its rapid expansion in the U.S. by opening an office in Salt Lake City, UT. The location will be led by Evan McClure, a partner in the firm’s life science practice, who joined Odgers Berndtson last year and leads search engagements for CxO, vice president and board positions across the life
Executive Recruiters Roll Up Their Sleeves as COVID-19 Crisis Unfolds
In mid-March, just as the full impact of the coronavirus crisis was starting to take shape for search firms and other businesses across the nation, Kenneth Vancini, founder of Innova International, an advisory firm for the executive recruitment industry, had a flash of inspiration. Mr. Vancini had been on the telephone with chief executive officers
Herbert Mines Assists Sprouts Farmers Market in Chief Marketing Officer Search
Following a nationwide search, New York-based retail and consumer focused executive search firm Herbert Mines Associates has placed Gil Phipps as the new senior vice president and chief marketing officer of Sprouts Farmers Market in Phoenix, AZ. President Brenda Malloy led the search along with managing director Alison Weil and vice president Caitlin Kenefick. “We’re extremely pleased
Kingsley Gate Partners Opens New Office in Madrid
Kingsley Gate Partners is continuing its recent expansion with the opening of a new office in Madrid. Spain. Rocío Rufilanchas and Alberto Terron have joined the firm as vice presidents in the new office. “Despite the difficult times Spain and the rest of the world are currently going through, the expansion in Madrid demonstrates Kingsley Gate Partners’ commitment to growth and to
Another Tough Week for Workers as Pandemic Crisis Sends Millions More into Unemployment
Americans displaced by the coronavirus crisis again filed for unemployment benefits in historic numbers within the last seven days, with the Labor Department reporting this morning a new surge of 4.4 million claims. Over 26 million people have now filed for unemployment benefits over the past five weeks. Economists were predicting 4.5 million jobless claims
Naval Postgraduate School Taps Reffett Associates to Find New Provost
Reffett Associates has been selected by the Naval Postgraduate School (NPS) to assist with the search for its next provost. The assignment is being led by William Reffett, managing partner and founder, with assistance from Marshall Reffett, managing director. “We are pleased to have been selected by the provost search committee to work with the
ManpowerGroup Revenue Declines Eight Percent Citing COVID-19 Impact
ManpowerGroup / (NYSE:MAN) posted first quarter revenues of $4.6 billion, a decrease of eight percent from the same period a year ago. The company said it is focused on managing costs and is withholding guidance given the uncertainty when governments will ease stay-at-home restrictions. The Milwaukee-based recruiting company recorded net earnings of $1.7 million for the quarter,
