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Korn Ferry Revenue Falls Three Percent; Workforce Restructuring Underway
Korn Ferry (NYSE:KFY) has posted 2024 fiscal first quarter revenues of $704 million, a decrease of three percent (five percent at constant currency) from the same period a year ago. The restructuring charges, which amounted to $63.5 million, were a significant factor in the quarter’s financial results, as Korn Ferry sought to align its workforce
Operationalizing Diversity, Equity, and Inclusion Through Psychological Safety
Psychological safety, specifically in the workplace, is a shared belief by a team or group of people that that they are safe to express their individuality of self, thought, and expression. “This fostered belief allows team members to contribute, offer perspectives, and even make mistakes without fear of negative consequences,” said Justin Clark, COO of
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.
Krauthamer & Associates Recruits CEO for Santa Cruz Metro
After a nationwide search attracting dozens of applicants, Krauthamer & Associates recently recruited Corey Aldridge as the new CEO of Santa Cruz Metro. His appointment came almost two months after former Metro CEO/general manager Michael Tree announced he would retire from the agency, less than two years after he assumed the role. Board chair Kristen
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?
DHR Global Names Vice Chairman
Talent advisory firm DHR Global has appointed Ayman Haddad as vice chairman. In his new role, Mr. Haddad will continue to play a pivotal role in DHR’s ongoing expansion across the Middle East and Africa, with a strategic focus on entering new growth markets, including Saudi Arabia. “Ayman’s elevation to vice chairman is a testament to
Navigating Opportunities in Changing Tides for the Non-Profits in 2024
In the fabric of our society and global economy, non-profit organizations have long been the stitching that binds community care and human altruism. However, in 2024, a new report from ExecSearches.com’s F. Jay Hall says that as dynamic shifts continue to alter the socio-economic landscape, the non-profit sector finds itself at a pivotal juncture, brimming
Eastward Partners Recruits CEO for Living Earth – Mulch, Compost, Soils
New York-based Eastward Partners has assisted in the recruitment of Manny Rodriguez as the new CEO of Living Earth – Mulch, Compost, Soils in Dallas, TX. The search was led by Brett Vecchio and Lonia Zylberman. “Eastward Partners is pleased to announce the appointment of Manny Rodriguez as chief executive officer for Living Earth – Mulch, Compost, Soils,” the search firm
RMN Electi Fills Top Marketing Post for the Foundation to Combat Antisemitism
As business becomes more global and complex, and power shifts from producers of goods and services to consumers, top marketing executives’ responsibility of planning and coordinating an organization’s marketing activities has become much more challenging, according to recruiters specializing in the function. A past DHR Global study found that the companies that have reputations for
WittKieffer Seeking CHRO for Texas Tech
A number of universities have recently turned to search firms to find new chief human resources officers. Oak Brook-IL-based WittKieffer was recently selected by Texas Tech University to lead in its search for a new CHRO. Ryan Crawford and Luis Bertot are leading the assignment. The school seeks an CHRO to lead the institution’s efforts to redefine human
Wilton & Bain Opens Office in Dubai
Wilton & Bain recently opened a new office in Dubai. “We are delighted to announce the opening of our new office in Dubai,” said David Heron, CEO. “We will serve clients across the Middle East and North Africa, with further announcements to follow of our new managing partner who will be leading Wilton & Bain
Creating a Winning M&A Leadership Team
What makes a merger or acquisition a success? It all starts with having the right leaders in place. Research shows that strong leaders predict M&A strategy success and specific competencies are associated with high-performing deals. The right leadership team is so critical because they have a big job on their hands: ensuring executive alignment, setting the
Aspen Leadership Group Leading Chief Development Officer Search for the Pittsburgh Public Theater
Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, has been called in by the Pittsburgh Public Theater to lead in its search for a new chief development officer. Jeanette Rivera-Watts is leading the assignment. Reporting to the managing director and partnering closely with the artistic director, the
The New York Society for Ethical Culture Taps Development Guild DDI to Find New Leader
Non-profit specialist recruitment firm Development Guild DDI has been retained by the New York Society for Ethical Culture (the Society) to lead in its search for a new executive director. Senior vice president and principal Tracy Marshall is leading the assignment. Reporting to the Society’s board of trustees and working in close collaboration with clergy
Lindauer Appoints Leader of the Independent School Practice
Lindauer has named Jackie Sullivan as senior vice president and leader of the independent school practice. “Jackie consistently drives client success by providing strategic counsel that is equally focused on tactical implementation and big-picture visionary thinking,” said Deb Taft, CEO of Lindauer. “By tuning her approach to the ambitious goals of her clients, she has
StevenDouglas Names VP, Technology Executive Search
Executive search firm StevenDouglas has appointed Matthew Richards as vice president, technology executive search. “What sets Matthew apart is his strategic and detailed approach to executive search,” StevenDouglas said. “Rather than solely focusing on finding candidates, Matthew delves deep into understanding organizational dynamics and talent requirements, collaborating closely with the C-suite to build transformational leadership teams. This
Here’s How PE Firms Can Reduce Talent Churn and Produce Better Leaders
Participants in the ninth annual PE leadership survey conducted by AlixPartners generally agree that the most important thing they can do to achieve the financial results they demand is to pay attention to leadership and talent. For PE firms, which prioritize C-suite leadership, and portcos, which emphasize talent at all levels, “the quality of leadership and succession
Egon Zehnder Retained by Bandhan Bank for CEO Search
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and beyond any typical job description. But there’s a big problem: In most countries, while women
Evolve Giving Group Seeking CEO for the Jewish Federation of Greater Charlotte
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 executive search firm Evolve Giving Group was recently retained by the Jewish Federation of Greater Charlotte to lead in its search for a new
The American Academy of Nurse Practitioners Certification Board Using Sterling Martin to Find New CEO
Sterling Martin Associates, an executive search firm which specializes in recruiting talent for associations and other non-profit organizations, has been tapped by the American Academy of Nurse Practitioners Certification Board (AANPCB) to lead in its search for a new CEO. Under the direction of the Certification Commission, the CEO makes recommendations and participates with the
Remofirst Secures $25 Million in Funding
Remofirst, a San Francisco-based employer-of-record provider, has closed a $25 million series A funding round. The round was led by Octopus Ventures, a London-based venture capital firm, with participation by existing investors QED, Mouro Capital and Counterpart Ventures. Remofirst says that the funds will go toward new products and services as well as to bring
5 Essential Aspects of an AI-Ready Corporate Culture
The recent buzz around AI has brought a great deal of hope and excitement to organizations, particularly in the last few years. However, reflecting on the progress of other “digital transformations” over the past many years should give executives reason to pause. For example, one study on big data showed that while corporate investment in data
BarkerGilmore Fills Legal Post for Bragg Companies
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Chris Connelly as the new vice president and director of legal for Bragg Companies in Long Beach, CA. The search was led by Max Gelernter, managing director of BarkerGilmore. “Chris’s unique blend of legal expertise spanning over two decades and his immersion in the construction industry
Academic Career & Executive Search Seeking CHRO for Washtenaw Community College
Academic Career & Executive Search (ACES) was recently retained by Washtenaw Community College in Ann Arbor, MI, to lead in its search for a new chief human resources officer. The search is being led by managing partner Jennifer Muller. Reporting to the president and serving on the president’s executive leadership team, the CHRO is responsible for integrating human
Protis Global Appoints VPs of Business Development
Protis Global has expanded with the addition of Samantha Marino Parker as vice president of business development for food and beverage, and Cliff Hall as vice president of business development for automation and robotics. “Samantha and Cliff bring invaluable experience fitting within the Protis Global framework nicely,” said Bert Miller, CEO of Protis Global. “Their appointments underscore our commitment
Diversified Search Group Expands Education Practice
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named Jennifer Mason as a managing director in its education practice. “We’re thrilled to have Dr. Mason join our esteemed team of experts, especially at a time when the dynamics of leadership in higher education are rapidly evolving,” said Aileen
Private Equity In Hot Pursuit Of Chief AI Officers With Strategic Vision
AI has been increasingly buzzy in the past year as companies try to understand the potential benefits it can bring – from ringing out more efficiency in the workplace and streamlining decision-making, to improving employee productivity monitoring. Now, President Joseph R. Biden Jr. has just announced a policy to help government agencies harness its power and mitigate
Diversified Search Group | Koya Partners Selected by Newfields a Place for Nature & The Arts to Find New Leader
Koya Partners, a part of Diversified Search Group, has been retained by the Newfields a Place for Nature & The Arts to lead in its search for a new president and CEO. Tiara D. Muse, managing associate, is leading the assignment. Newfields is in a pivotal moment of growth and evolution and is seeking a dynamic and visionary CEO to
NU Advisory Partners Assists Sigma7 with Chief Technology Officer Search
Executive search firm NU Advisory Partners has assisted in the recruitment of Andy Simpson-Pirie as chief technology officer of Sigma7 in New York City. Mr. Simpson-Pirie has a technology career spanning 25 years across a spectrum of early-stage, growth-phase, and large global corporations. Over that time, he has established a track record of launching new products, leading acquisitions,
Assembly Group Partners with Employ to Recruit CEO
Austin, TX-based executive search firm Assembly Group has placed Steve Cox as the new CEO of Employ in Waltham, MA. He succeeds former CEO, Pete Lamson. “Congratulations to Steve Cox on his new role of chief executive officer at Employ,” Assembly said in a LinkedIn post. “It was a pleasure partnering with the Employ team, and we wish the
Looking Into the Great Leadership Rethink for 2023
Talented people want different things from the firms they work for today, and the old models of leadership are looking increasingly unstable. To thrive, leaders must rethink their approach and put equity, collaboration, and listening at the core of everything they do, according to a recent report from Sheffield Haworth. “The pandemic accelerated trends that threw
Alford Executive Search Finds New Leader for the Illinois Library Association
Alford Executive Search recently placed Diane Foote as the executive director of the Illinois Library Association (ILA). Her predecessor, Robert P. Doyle, is retiring after 20 years in the role. “Diane emerged early as a top candidate in a pool of highly qualified professionals in the library, association and general non-profit arenas,” said Heather Eddy, president
E.A. Hughes Names Head of Los Angeles Office
Executive search firm E.A. Hughes & Co. has appointed Bob Marchant as vice president and director of its Los Angeles office. “Patience pays off, and after knowing of Bob and his unique consultative abilities for many years I am very happy that he decided to join the E.A. Hughes family,” said Elaine Hughes, CEO of E.A. Hughes
Heidrick & Struggles Names New Leadership in the Americas
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International has named new leadership in the Americas with the appointments of Dominique Hansen as head of investment management and Renee Neri as head of asset management. Based in the Toronto office, Ms. Hansen will also serve as head of the firm’s CEO and board of directors practice
Orthoexecutive and Crowther Ballantyne Associates Merge
Orthopedic and spine-focused executive search firm Orthoexecutive and Crowther Ballantyne Associates have merged. The firms’ founders, Matt Woods and Gavin Crowther, look to bring enhanced executive search and recruitment solution for their clients. The collaboration of the U.K.-based operations brings together 33 years’ experience in executive search, and 18 years’ experience in the medical device industry in sales
Marlin Hawk Builds Winning Strategy on Finding Transformational Leaders
Six years ago, London-based Marlin Hawk sent Mark Oppenheimer, then just 27, to New York to establish an across-the-pond outpost for the enterprising leadership advisory firm. He had four years of experience as a researcher and the faith and support of his bosses back home. But when he stepped off the plane in America, Mr.
DRG Executive Search Seeks Development Officer for Shatterproof
DRG Executive Search has been retained by Shatterproof, an addiction prevention non-profit, to lead its search for a new chief development officer (CDO). DRG managing partner David Hinsley Cheng is leading the search along with senior consultant Carmel Napolitano. Reporting to the CEO, the CDO is a newly created role charged with developing and executing Shatterproof’s
Sterling Martin Associates Places New Leaders at Denver-Based Non-Profits
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
Lucas Group Names Managing Director of Legal Practice
Executive search firm Lucas Group has strengthened its Chicago-based legal practice with the addition of Carolyn Aberman as its new managing partner for legal recruitment. “With two decades of combined experience as a practicing lawyer and successful legal recruiter, Carolyn Aberman has a deep understanding of Chicago’s legal marketplace,” said Steven Lynch, GM legal at Lucas Group. “Aberman’s
Alexander Hughes Names New Leaders in Nordic and Greater China Regions
Paris-headquartered search firm Alexander Hughes has named Evan Tolstoj Hansen as head of the Nordic region and Nicolas Musy as managing partner for Greater China. With the strong and still growing economy in Northern Europe and in particular in the Nordic countries, the demand for top-level talent acquisition is strong and growing. To meet these
Hiring Executives to Increase Investment in Diversity Programs
New efforts toward improving diversity are on their way over the coming year, according to a new report by Glassdoor. One in three (35 percent) hiring decision-makers expect to increase investment in diversity and inclusion and only three percent expect it to decrease. The remainder said they have no plans to change. The report, which
Kittleman & Associates Leading CEO Search for National Basketball Retired Players Association
Chicago-based executive search firm Kittleman & Associates has been retained by the National Basketball Retired Players Association (NBRPA) to find a new CEO. Principal Megan Lewis is leading the assignment for Kittleman. The organization is seeking a proven leader with a career in a similarly sized or larger national association who can help chart a path forward with
ADK Consulting & Executive Search Seeks New Leader for Louisville International Airport
ADK Consulting & Executive Search has been retained by Louisville International Airport to lead its search for a new executive director. The executive director serves as the top aviation/airport executive in the airport system. The incumbent directs the overall management of the airport system, typically including its capital, real property, human resources and other assets, according to
Lancor Names New York Office Leader
Executive search firm Lancor has added veteran recruiter Scott M. Estill to manage its New York City office and lead its global advisory practice. Mr. Estill, who retains the title of partner, will play a key role in the firm’s well-established private equity-focused recruiting practice while building Lancor’s new advisory business. He will also co-lead the North
AIMS International Adds New Member Firm in Africa
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the 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. AIMS International recently added Excellia Capital Humain in Tunisia, Africa as its newest
How Generation Z Will Impact the Future Workforce
Generation Z. It is the first generation to know only a digital world. Its members grew up playing on their parents’ mobile devices, and many had their own smartphone as early as elementary school. Millennials might have been the youngest generation to navigate their way through mobile technology, but those from Gen Z have come
Caldwell Partners Posts Flat Revenue Growth
Caldwell Partners International has posted fourth quarter revenues of $15.8 million (Canadian), up .5 percent. Full year revenues fell 1.6 percent, from $58.7 million to $57.8 million. The search firm had a slightly lower average number of partners at 37.5 compared to 38 in the prior year. And a lower average fee per assignment was partially
Lois L. Lindauer Searches Seeking Major Gifts Officer for ACLU Foundation of Massachusetts
The American Civil Liberties Union (ACLU) Foundation of Massachusetts has retained Boston-based recruitment firm Lois L. Lindauer Searches to spearhead its hunt for a new major gifts officer. Vice president Maureen Huminik is leading the assignment. This is an opportunity for a seasoned development professional to join a highly-respected organization in which development plays a critical role. Lois
The Nicoll Curtin Group Acquires BeecherMadden
Acquisitions continue to make big news in the executive search industry. Just recently, fintech and change recruitment agency The Nicoll Curtin Group acquired cybersecurity recruitment firm BeecherMadden. Financial terms of the deal were not disclosed. BeecherMadden focuses on executive level searches for the corporate governance, resilience and security, and digital and niche technology markets. Founded by CEO
Pedersen & Partners Names Global Head of Defense Recruiting Practice
Executive search firm Pedersen & Partners has expanded with the addition of Simon Mansfield to its London team as a client partner within its industrial practice and global head of its defense search practice. Mr. Mansfield has decades of in-depth expertise in the developing and emerging markets, recruiting board members for global firms. After a career in international
The CEO’s Important Role in Succession Planning
At the most basic level, the CEO’s role is straightforward: driving management succession at senior levels, including the early identification of any inside CEO contenders, ensuring that the organization is developing succession-ready executives for all senior roles, and serving in an of-counsel role to the board on CEO succession, according to search firm Spencer Stuart.
KRW Associates Leads Police Chief Search for Breckenridge
The public sector is in the midst of major transformation, facing an array of challenges that range from changing public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale, complexity
Parker Executive Search Seeking New Athletic Director for Northeastern 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 it
McDermott & Bull Opens Office in New York City
Executive search firm McDermott & Bull has expanded into New York City. Stu Leibach, principal consultant and industry specialist within the firm’s retail practice, will be based out of the new location. He will continue to partner with clients regionally and nationally. “Now more than ever, identifying the right executive talent is critical to success in the
Korn Ferry Names President of Hay Group, South America
Korn Ferry has named Carlos Martins as president of Hay Group, South America. He will be based in São Paulo, Brazil. Mr. Martins joins Korn Ferry from global consulting firm Ernst & Young, where he led its people advisory services practice for South America and was also a member of the Brazil executive committee. In
Executives Rank Talent Management Among Top Priorities
To stay competitive in today’s ever-changing business environment, C-level executives agree that finding and retaining the right talent is essential. But how to do that effectively remains a challenge, according to “The Change Agents,” a joint custom research study by Dow Jones Customer Intelligence and the HR Certification Institute, an organization that certifies HR professionals
SearchWide Tapped By USA Archery to Find Next CEO
After a shootout that involved 11 executive recruitment firms, USA Archery in Colorado Springs has selected SearchWide to help find its new chief executive officer. Last month, past CEO Denise Parker accepted a position at the U.S. Olympic Committee and USA Archery’s former board chair and current marketing director Rod Menzer was named interim CEO.
Coulter Partners Completes Searches for Cambridge Epigenetix
Executive search firm Coulter Partners recently helped Cambridge Epigenetix (CEGX), a pioneer in the development and application of epigenetic technologies, to secure the appointment of two diagnostic experts. Hayden Jeffreys joins the company as chief operating officer and Dr. Joanne Mason becomes vice president of biomarker discovery. The appointments are designed to further strengthen CEGX’s in-house expertise
ON Partners Expands San Francisco Office
Executive search firm ON Partners has bolstered its San Francisco operations with the appointment of Jeff Hocking as partner. An experienced consultant, Mr. Hocking identifies board members, chief executive officers and other senior-level talent across functions for technology companies and private equity firms. He joins the firm from Korn Ferry, where he was regional market leader for
Caldwell Partners Strengthens its Financial Services Practice in London
Executive search firm Caldwell Partners International has expanded with the addition of Alex Alcott as a partner in its financial services practice in London. Mr. Alcott’s appointment furthers Caldwell’s expansion strategy across Europe. Based in the London office, he joins Matthew Andrews, managing director of Caldwell’s European operations, and Lucy Antrobus, a partner and search consultant in the engineering, construction, and infrastructure space. With
Recruiters Beware: Treat Candidates Better or Risk Steering Them Away as Future Employees and Customers
Three quarters of those surveyed recently said it is unlikely they would accept a job offer if they were treated poorly during the recruiting experience, even if they felt the role was a good fit, according to a new report by Korn Ferry. But look at this: more than half (56 percent) said it is
Buffkin / Baker Leading Chief Communications Officer Search for MSG
Executive search firm Buffkin / Baker has been retained by Madison Square Garden Co. (MSG) to lead the search for its new executive vice president and chief communications officer (CCO). Partner Warren Wasp is spearheading the search along with associate Rachel Jonkers. The CCO is responsible for all public relations, corporate communications, financial communications, proactive publicity activities and