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Leadership Dilemma Unfolding at Private Equity Firms

According to a coming research report from Hunt Scanlon Media, the private equity sector can expect to see an expanding bidding war for top talent. Driving the trend: persistent global talent shortages across the C-suite...

Talent Challenges Facing Mid-Market Private Equity Backed Companies

Driving differentiated returns in a crowded private equity environment was never easy and has become significantly more difficult over time..

Improving the Selection of Leaders for PE Portfolio Companies

Making the most informed choices of senior-level talent to drive and lead your organization is a process, and every step in that process is critical to maximizing the outcome for success. “The selection...

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trends

A Look at the Current State of Private Equity Recruiting

The past year has brought a degree of challenge to private equity that surpasses industry events that have confronted the very best fund and portfolio operators over the last several decades. The spreads between winning and losing decisions have increased dramatically and the variance across verticals and industries are both volatile and more difficult to

Bespoke Partners Recruits Operating Partner for Thoma Bravo

Executive search firms have been stepping up their efforts to assist private equity-backed firms and their portfolios across the nation find top-level talent, including chief executives, chief people officers, CFOs and other C-suite roles – all seen as key players as organizations grapple with the continued fallout from the COVID-19 pandemic. Just recently, San Diego, CA-headquartered executive

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The Alexander Group Appoints COO

Houston-based executive search firm The Alexander Group has named Amanda K. Brady as managing director and chief operating officer. “Amanda brings a holistic understanding of the industry and appreciation for our team-oriented culture,” said John C. Lamar, managing partner. “She will be instrumental in the strategic growth of The Alexander Group and our sister firm, Alex & Red,

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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?

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Eastward Search Partners Appoints Brand & Digital Practice Leader

New York-based Eastward Search Partners has named Nicole Balsam as lead of the brand and digital practice. “I have the utmost confidence in Nicole as she takes the lead of the digital and brand practice,” said Joe Carbone, founder and managing partner. “Her passion for delivering a sophisticated solution to her clients is apparent and comes

trends

CEO Optimism Climbs to Multi-Year High

America’s CEOs are increasingly convinced that the COVID crisis, which has crushed the global economy, will soon come to an end. In Chief Executive magazine’s latest poll of more than 300 U.S. CEOs, a growing number of business leaders now forecast growth in revenues and capital expenditures. In the poll, chief executives rated their confidence in future

trends

New Statistics Reveal the U.S. Lost 10 Million Jobs During Pandemic

The Labor Department reported this morning that 730,000 more Americans filed new claims for state unemployment benefits. That was below the Dow Jones estimate for 825,000 but a slight decrease from the previous week’s upwardly revised total of 841,00. The Fed have now reported about 78 million initial jobless claims over the course of the

partners

The Christopher Group Launches Consulting Services Division, Adds Leaders

The Christopher Group, a boutique HR executive search and business solutions firm, has launched an HR consulting services division. The firm named Pam Noble as president of the new unit as well as practice leader for the firm’s expanding diversity, equity, inclusion and engagement practice, which will now be part of the consulting services division.

partners

Marlin Hawk Names Americas Leader in New York

London-based executive search and leadership solutions provider Marlin Hawk has named Tracy Murdoch O’Such as its new president in the Americas region. She joins the team with more than 20 years of experience helping organizations grow their teams and focuses on executive search, strategic intelligence, and succession planning. “As the environment for placing talent and helping our clients

recruiting

Spencer Stuart Retained by Vanderbilt University to Lead Provost Search

Colleges and universities across the country are opening searches that, if all goes to plan, will allow high-profile leaders to take them into a new era of fundraising, digitalization, sports and, increasingly the case, globalization – not to mention a pandemic and post-pandemic era. Spencer Stuart was recently enlisted by Vanderbilt University to lead in its

trends

The Evolving Private Equity Recruiting Market

Private equity firms have learned from the lessons of the global financial crisis of 2008-2009, in which the industry was widely seen as having missed a major opportunity to acquire assets at steep discounts. As a result, PE firms have been more active during the pandemic, determined not to miss the opportunity this time around.

recruiting

Perrett Laver Assists Murray Edwards College in President Search

U.K.-based executive search firm Perrett Laver has assisted in the recruitment of Dorothy Byrne as the sixth president of Murray Edwards College. She will take up the position in September. Ms. Byrne will succeed Dame Barbara Stocking who has been president of the college since 2013. “I am delighted with the election of Dorothy Byrne, who will

recruiting

WGNinHR Recruits VP of People for LeagueApps

With the coronavirus crisis expected to intensify, human resources executives are stepping up at businesses across the country, playing a vital role in helping their organizations navigate what is looking to be an even greater challenge than the Great Recession. Along the way, the importance of people strategy is expanding, and that is keeping executive

partners

RSR Partners Names Consumer Goods & Services Practice Leader

Greenwich, Conn-based RSR Partners has named Gretchen Crist as leader of the firm’s consumer goods and services practice. “Gretchen brings direct experience leading consumer goods and services organizations through transformation and growth,” said Brett Stephens, CEO of RSR. “Her insightfulness and authenticity are immediately apparent to our clients. We are delighted that she will further amplify the team and extend

partners

IMSA Adds New Member Firm in Japan

Executive search network IMSA Search Global Partners has added Evander Group in Japan as its newest member firm. William Hall and his partner, Arlo Brown, both veteran search professionals in Japan, founded Evander Group in 2016 to provide executive recruitment solutions to clients and to bridge potential culture gaps in the Japanese market. Both were born and raised in Japan, graduated from

performance

Heidrick & Struggles Posts Revenue Declines for 2020

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles (NASDAQ:HSII) has posted global revenues of $621.6 million in 2020, a 12 percent decrease from revenues of $706.9 million the year before. The firm says the reduction in net revenue was primarily due to the impact of the pandemic on a global basis. The Chicago-headquartered

recruiting

State Employees’ Credit Union Selects Russell Reynolds Associates to Find New CEO

These are critical days for credit unions with leadership development, succession planning and employee retention becoming more important than ever. Russell Reynolds Associates was recently called in by State Employees’ Credit Union in North Carolina to lead its search for a new CEO. CEO Michael J. Lord is retiring effective Aug. 31 and will remain in

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WilsonHCG Secures $120 Million in Funding from 3i Group

Investors are pouring money into recruiting solutions businesses. British-based 3i Group recently agreed to invest $120 million of equity in global talent solutions provider Wilson Human Capital Group (WilsonHCG). Based in Tampa, FL, WilsonHCG provides a full suite of configurable talent solutions including recruitment process outsourcing (RPO), executive search, contingent talent solutions and talent consulting. The firm

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Comhar Partners Appoints Healthcare and Life Sciences Practice Leader

Chicago-based executive recruitment firm Comhar Partners has named Marion Spears Karr as managing director and leader of its healthcare and life sciences practice. He will be based in the firm’s Atlanta office. “We are excited that Marion brings a career in serving top organizations across multiple industries in the area of healthcare and life sciences,” said Bernard

recruiting

Vanderbloemen Search Group Assists Champion Forest Baptist Church Recruit Fourth Senior Pastor

Vanderbloemen Search Group, which finds leaders for churches and ministries, has assisted in the placement of Jarrett Stephens as the fourth senior pastor of Champion Forest Baptist Church in Houston, TX. Eric Albert, executive search consultant, said: “What an exciting new season for Champion Forest Baptist Church. The pastoral search committee came in with detailed expectations

performance

Korn Ferry Q3 Revenues Fall Eight Percent

Korn Ferry (NYSE:KFY) has posted fiscal third quarter revenues of $475.4 million, an eight percent decrease from the same period a year ago. While RPO and professional search saw a year-over-year increase of almost four percent, digital and executive search declined year-over-year as those businesses continued on a path to recovery from the impact of COVID-19

launches

Waterstone Human Capital Launches Culture Institute 

As organizations begin to look at the matter of if, when and how they will transition back to traditional workplaces, leaders are fielding a number of questions: What will the office look like? Will it be safe? Will it ever be the same again? Can we have a high-performance culture with so many people working

recruiting

Hanold Associates Recruits Chief People Officer for the Arizona Cardinals Football Club

Chicago-based Hanold Associates HR & Diversity Executive Search recently recruited Kelly Jones as chief people officer of the NFL’s Arizona Cardinals. CEO and managing partner Jason Hanold and partners Keri Gavin and Katrina Prospero led the assignment. In the newly-created role, Mr. Jones reports to owner and president Michael Bidwill and begins on March 1. He will oversee

Kaplan Partners Recruits CHRO for Northwest Bank

With the coronavirus crisis disrupting the world economy, HR leaders are stepping up at businesses across the country, playing a vital role in helping organizations navigate what is looking to be an even greater challenge than the Great Recession. Kaplan Partners, which specializes in conducting searches for C-level executives primarily in the financial services, corporate financial,

partners

NPAworldwide Adds Nine New Member Firms

Nine new independent recruitment firms have recently joined member-owned recruitment network NPAworldwide in the U.S., Europe, Canada and Africa. These search outfits seek to increase revenue through NPAworldwide’s cooperative placement model. NPA now has 550 member offices across six continents. “Congratulations to each of our new members,” said Dave Nerz, president of NPAworldwide. “By joining the network,

trends

How to Hire Someone You’ve Never Met

As many companies face a rapid transition to working remotely, teams are learning how to collaborate, make decisions, deliver feedback, and remain connected at a personal level despite not being physically together. And then there’s the challenge of hiring. According to a new report from specialized marketing recruiting and strategy firm RevelOne, clients have one common and

recruiting

Slone Partners Recruits COO for Quanterix

Over the past few months, numerous healthcare and life sciences organizations have turned to executive search firms to find new leaders. In the era of COVID-19, the sector has been a burgeoning area for executive search firms to ply their trade. Recently, life sciences-focused search firm Slone Partners placed Will Geist as chief operating officer at Quanterix Corp. “Will

recruiting

Coleman Lew Canny Bowen Places CEO and Chief Librarian for the Charlotte Mecklenburg Library

Search firms across the nation are finding library leadership needs rising dramatically. Coleman Lew Canny Bowen recently recruited Marcellus Turner as the new CEO and chief librarian for the Charlotte Mecklenburg Library in North Carolina. Effective April 1, Mr. Turner replaces Lee Keesler, who said last June he would be retiring after nearly a decade in the role. “Marcellus

recruiting

Pender & Howe Executive Search Seeks CEO for Canadian Agri-Food Automation and Intelligence Network

Toronto-based Pender & Howe Executive Search has been tapped to find a new chief executive officer for CAAIN, the Canadian Agri-Food Automation and Intelligence Network in Edmonton, Alberta. The non-profit organization supports the creation of technological solutions for challenges facing Canada’s agri-food sector. The search is being spearheaded by managing principals Glenn Lesko and Travis

Talent Trends: Looking Ahead at 2021

The COVID-19 pandemic has had a major impact on every business sector, executive search included, costing organizations billions of dollars in lost revenue. For the executive recruiting industry, the world has changed drastically, and search consultants have had to adapt to a whole new way of conducting business. Yet that has not stopped any of them

Harvard University Lands First Diversity & Inclusion Officer with Assistance from Search Firm

The role of chief diversity officer is expanding at universities across the country. It has, in fact, become one of the most important positions for shaping the vision, culture and very face of institutions of higher learning from coast to coast. Pandemic or not, higher educational institutions need talent and these roles are now seen

Global Sage Expands Financial Services Practice in Boston and Los Angeles

As the COVID-19 pandemic continues to strain the financial services industry, one executive search firm that focuses on the sector sees an opportunity. Hong Kong-headquartered Global Sage has launched a major expansion of its North American executive search practice with the hiring of a new partner in Boston and the opening of an office in Los

m/Oppenheim Executive Search is Assisting United Way of Anchorage in CEO Search

Non-profit recruitment firm  m/Oppenheim Executive Search has been selected to find the next president and CEO of the United Way of Anchorage. Founder Mark Oppenheim and principal Patrick Salazar are leading the assignment for the San Francisco-based search firm. The non-profit’s board “seeks a CEO to drive shared and measurable goals that strengthen civil society, and

Eton Bridge Partners Expands Business Transformation Practice

Top experts in talent management and leadership recruitment agree that filling an interim leadership position can be a significant opportunity for an organization. Executive search and interim management firm Eton Bridge Partners recently expanded with the addition of Stuart Jansze as a partner in its business transformation practice. “We are delighted that Stuart is joining the team,” said Steve

COVID-19 and Its Impact on Human Capital

On the wisdom that it’s better to rip the Band-Aid off fast, let’s get the bad news out of the way quickly: The global consulting industry is in a tailspin. According to a report by Tatum’s Richard Wilcox, the mega-billion dollar sector is forecast to experience a 19 percent drop in fees in 2020, which

CarterBaldwin Recruits CEO for Dairyland Power Cooperative

CarterBaldwin Executive Search recently placed former Energy Northwest executive Brent Ridge as the new president and CEO of Dairyland Power Cooperative. He succeeds Barbara Nick who recently retired and has led Dairyland for the past five and a half years. Chris Guiney, partner and energy and infrastructure practice leader for CarterBaldwin, led the assignment along with consultant

Herbert Mines Assists Tandy Leather Factory in CFO Search

New York-based retail and consumer focused executive search firm Herbert Mines Associates has placed Steve Swank as the new chief financial officer of Tandy Leather Factory. President Brenda Malloy and managing director Adelle Kirk led the assignment. Michael Galvan, the company’s interim CFO, will remain with Tandy through the completion of the restatement and in a consulting

The ExeQfind Group and The QualiFind Group Merge Brazil-Based DRH–Talent Search Into Search Platform

The ExeQfind Group, based in Atlanta and The QualiFind Group, based in San Diego, have recently merged DRH–Talent Search, a retained executive search firm located in Sao Paulo, Brazil, into its search and recruitment platform serving the Americas. Hamilton Teixeira, an accomplished retained executive search and marketing-oriented executive leader, owned and led the Brazilian firm

McDermott + Bull Expands with Hiring of Former CHRO

The executive search field continues to be a welcoming landing pad for HR executives looking for a career change. Recently, Irvine, CA-based search firm McDermott + Bull expanded with the addition of former HR executive Alisa Nagle as a managing director to drive the firm’s global industrial, automotive and mobility practice. Based in Detroit, she will

Korn Ferry Retained by MidMichigan Health for CHRO Search

Korn Ferry has been called in by MidMichigan Health to lead its search for a new senior vice president and chief human resources officer. The CHRO is responsible for all aspects of human resources and education across MidMichigan Health. Korn Ferry said this position is “responsible for developing and executing human resource strategy in support of the

Parker Executive Search Seeks CMO for University of Idaho

Atlanta-based Parker Executive Search has been enlisted to find a chief marketing officer for the University of Idaho. The assignment is being led by president Laurie C. Wilder and vice president Porsha L. Williams. The CMO/ executive director, communications role involves providing visionary leadership and direction over the university’s branding, marketing and strategic communications. “Reporting to

20/20 Foresight Names Head of Dallas Office

Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of Alex Cox as managing director and head of its Dallas office. He brings more than 15 years of executive search experience in the placement of commercial real estate professionals, collaborating with mid-level to C-suite candidates primarily focused in investment, asset management, financing and capital markets roles. “20/20 Foresight was

HR Executive Joins Strategic Advisory Board of Bedford Consulting Group

Naomi Titleman Colla, the founder of Collaborativity, a consultancy focused on driving progressive talent strategy to improve collaboration, productivity and performance, has joined the strategic advisory board of Toronto-based executive search and talent management solutions provider Bedford Consulting Group. “We are very excited to have Naomi join our advisory board to provide her insights and guidance

Heidrick & Struggles Posts 18.3 Percent Revenue Decline; Restructuring Plans Announced

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles (NASDAQ:HSII) posted second quarter revenues of $145.6 million, an 18.3 percent decrease from revenues of $173.1 million during the same period a year ago. The reduction in net revenue was primarily due to the impact of the pandemic on it global business. Executive search net revenue experienced

HR Leadership Lessons From the Early Days of the Pandemic

The world is both united and divided during the COVID-19 pandemic. It’s united in the sense of we are all adjusting to a “new normal” and the challenges—and some opportunities—that arise with a different way of living and working against the backdrop of genuine solidarity. The division comes in where nations fall in the crisis

KEES Recruits CEO for Covenant Community Care

Executive search and non-profit consulting firm KEES (Kistner Eddy Executive Services) has placed Joslyn Pettway as the new chief executive officer of Covenant Community Care in Detroit. President and CEO Heather Eddy and project manager Octavia Daniels led the assignment for the search firm.  “It was a pleasure to meet Joslyn from Day One,” said Ms. Eddy. “Her passion

Haley Associates Seeking Provost for Franklin Pierce University

Higher education search firm Haley Associates has been selected by Franklin Pierce University in Rindge, NH, to find its next provost and chief academic officer. This search is being led Katherine Haley. Reporting directly to the president of the university, the provost is the first among equals on a highly collaborative senior administrative team, Haley Associates said. In this critical

Bespoke Partners Adds CEO of Sales Benchmark Index as Board Member 

Board service can be one of the most rewarding career experiences: It’s an opportunity to see firsthand how another company operates at the highest levels and to work with – and learn from – accomplished, articulate and intelligent people. Its why many leaders decide to start down the path to the boardroom. It is also

Cognitive Talent Partners Appoints Head of U.S. Operations

Gurgaon, Haryana-headquartered executive search firm Cognitive Talent Partners has named Abba Manchanda as a partner and head of U.S. operations. “Abba’s entrepreneurial background and global sales experience will be a tremendous asset to our business globally,” said Anuj Dhawan, founder and managing partner of Cognitive Talent Partners. “Her breadth of experience – not only having built a recruiting practice from

LinkedIn Cuts Nearly a Thousand Jobs as Demand for Recruiting Products Wanes

If you haven’t seen concrete, visible signs yet of the turbulence COVID-19 is having on the recruitment market, here’s one: LinkedIn is laying off approximately 960 jobs, or six percent of its workforce, noting that the pandemic is beginning to have a material effect on the demand for its recruitment products. The online employment service

DHR International Tapped by Central Michigan University to Find Next Director of Athletics

Universities continue to turn to executive search firms to find new athletic directors. Glenn Sugiyama, managing partner and global sports practice leader at DHR International, has been called in by Central Michigan University (CMU) to lead in its search for its next Zyzelewski Family associate vice president/director of athletics. After three years at the helm of Central

Kittleman & Associates Selected by Seattle Parks Foundation to Find New President and CEO

The economic strength of the non-profit field has increased in recent years and it is now the third largest employer in the U.S. This has certainly kept search firms busy. Chicago-based search firm Kittleman & Associates has been enlisted to find a new president and CEO for Seattle Parks Foundation (SPF). Reporting to the board chair on

Bay Street Advisors Open Office in London

Executive recruitment firm Bay Street Advisors has opened a new office in London, marking its first location outside the U.S. The office will be led by industry veteran John Rumsey, who will serve as managing director. The move comes at a time when Bay Street is strategically growing its business and looking to better serve

Mlegal Rebrands Macrae to Reflect Growing Global Footprint

Global legal executive search firm Mlegal recently announced that going forward it will be known as Macrae. The firm’s complete rebrand to Macrae, which includes a new website and positioning, reflects its growth from a two-recruiter team in Northern California in 2001 to a transatlantic boutique with a strong and growing footprint in four of the world’s top

Why Selecting a Search Firm is ‘Mission Critical’ During Challenging Times

As COVID-19 cases continue to climb across the U.S., the Labor Department reported this morning that 1.4 million more Americans filed new claims for state unemployment benefits last week, the 18th week in a row that the figure has topped one million. Economists polled by Dow Jones expected initial claims to rise by 1.3 million. The

Bubenik Partners Recruits Global CEO for PFNonwovens Holding

Central European executive search firm Bubenik Partners has assisted the owners of PFNonwovens Holding s.r.o. (PFN) in recruiting Cedric Ballay as the company’s new group chief executive officer. The leadership change is the result of a long-planned succession for the Prague-headquartered PFN Group, the global hygiene nonwovens textile producer owned by the R2G family office.

Global Talent Solutions Seeks Chief Growth Officer for MassageLuXe

Laguna Hills, CA-based executive search firm Global Talent Solutions (GTS) has been selected to find the first-ever chief growth officer for MassageLuXe, a 68-unit luxury massage, wax and facial franchise retailer. The placement is expected to accelerate the brand’s mission to expand to more than 250 units within five years and is the first of

Slone Partners Adds Branding Leadership Expert to Advisory Board

Sumitovant Biopharma executive Mary Stutts has joined the advisory board of executive search firm Slone Partners. Ms. Stutts is a renowned C-level global branding and growth expert who has provided strategic counsel in the biotechnology, healthcare, technology, and media industries at Fortune 200 companies including Genentech, Bayer, Bristol Myers Squibb, Kaiser Permanente, UnitedHealth Group, and Comcast

ManpowerGroup Revenue Down 30 Percent as COVID-19 Impacts Results

ManpowerGroup / (NYSE:MAN) posted third quarter revenues of $3.7 billion, a decrease of 30 percent from the same period a year ago. The hardest hit region in its portfolio was France, where revenue fell 47.5 percent in constant currency. The Milwaukee-based recruiting company recorded net earnings of $64.4 million, or $1.10 per diluted share, compared to

Coronavirus and the People Pandemic: Should You Stop Hiring?

Coronavirus has been top of mind with every CEO and chief people officer. As the virus has taken hold, news has been dominated by headlines of redundancies, lost workforces and companies closing. “In these trying times, every action is under scrutiny as we seek to both contain the virus and continue our everyday practice,” 360Leaders’

The Moran Company Seeks New CEO for Open Excellence 

The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has been tapped by Open Excellence (Foundation for Excellence in Mental Health Care) to lead its search for a new CEO. Steven Byers is leading the assignment. Open Excellence is seeking a CEO to lead and grow its U.S. and international programs. The successful

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