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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.
Recruiterflow Offers Four-Step Playbook for Building an AI-Native Search Firm
Artificial intelligence is rapidly changing how executive search firms identify talent, manage information, engage candidates, and serve clients. But adopting an AI-powered platform alone does not make a recruiting organization AI-native. The larger challenge is integrating technology across the search lifecycle in ways that improve decision-making, strengthen execution, and allow consultants to devote more attention
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?
Bryant Group Fills Senior Position for the University of Washington
Dallas-based executive search and talent development firm Bryant Group has assisted in the recruitment of Justin Michalka as vice president for university development at the University of Washington (UW). The search was led by firm president Chris Bingley. “I’m delighted to welcome Justin to the University of Washington,” said Mary Gresch, senior vice president for university advancement. “He is a
SPMB Expands Financial Officer and Private Equity Practices
SPMB Executive Search has appointed Christy Mihos as a partner in the firm’s financial officer and private equity practices. “Christy is one of the most accomplished CFO search practitioners in the market, and we are thrilled to welcome him to SPMB,” said Dave Mullarkey, managing partner at SPMB. “His track record of advising PE firms and technology companies on
Executive Talent Market Faces New Pressures as AI and Private Equity Reshape Leadership Demand
The executive talent market continues to tighten as private investment accelerates, experienced leaders retire, and organizations compete for executives capable of driving growth and transformation. At the same time, artificial intelligence is changing the capabilities companies expect from senior leaders, while consulting and private equity firms rethink how they build leadership teams and evaluate potential.
Carpenter Legal Search Recruits General Counsel for Park Corporation
Legal recruiting remains an active area for executive search firms as corporations, law firms, government agencies, and other organizations compete for experienced legal talent. Employment of lawyers is projected to grow four percent from 2024 to 2034, according to the U.S. Bureau of Labor Statistics, with approximately 31,500 openings expected each year as employers add
Signium Opens New Office in Hamburg, Germany
Executive search consortium Signium has opened a new office in Hamburg, Germany. The new office is led by Moritz Drerup, managing partner, who joined Signium with more than a decade of executive search experience and a highly focused practice in technology and AI leadership. The Hamburg office represents a natural evolution for Mr. Drerup’s established executive search practice, combining his specialist expertise with the reach,
Executive Search Strategies for Leadership Success
As organizations navigate rapid change, leadership decisions have become increasingly consequential, placing greater pressure on executive search firms to identify candidates who can deliver both immediate impact and long-term value. Success at the highest levels depends on far more than filling a vacancy—it requires a disciplined search strategy that combines market intelligence, rigorous assessment, and
Leverage AI in Your Job Search: When to Use It and When Not To
Artificial intelligence has been changing the way people search for jobs. From optimizing resumes to preparing for interviews, AI has become a valuable resource for candidates looking to streamline the process. The key is knowing how to use it effectively, according to a recent report from New York City headquartered executive search firm Solomon Page. “AI
The Christopher Group Selected by Penn Highlands Healthcare for CHRO Search
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has been retained by Penn Highlands Healthcare to lead in its search for a new chief human resources officer. Managing partner, Molly Mangan, and partner, Carrie Longmire, are leading the assignment. “The chief human resources officer will play an important role in helping Penn Highlands
Where AI Belongs in Executive Search—and Where It Doesn’t
Artificial intelligence is reshaping every aspect of the executive search profession, creating new opportunities to improve efficiency while raising important questions about where technology should—and should not—play a role in the hiring process. As firms continue to integrate AI into their workflows, the focus is increasingly shifting from whether to adopt these tools to how
Isaacson, Miller Leading President Search for Virginia Tech
Boston-based Isaacson, Miller has been selected by Virginia Tech to lead in its search for a new president. Current president Tim Sands announced his resignation in April. Greg Esposito and Julie Filizetti are leading this search with Kristen Andersen, Raul Bernal, Victoria Castillo, and Gabrielle Nayar. The school seeks a visionary and dynamic leader to serve as its
Parker Remick Appoints Partner of Firm Operations
Seattle, WA-based Parker Remick recently named Jena Gibson as partner of firm operations. This is part of the executive search firm’s expansion of operational infrastructure and AI-enabled delivery capabilities. The firm noted that all in response to rising demand for senior technology and AI leadership. Ms. Gibson joins Parker Remick with more than 15 years
Building an Employer Brand That Attracts Top Executive Talent
In today’s competitive business environment, where organizations are vying for top talent, a strong employer brand has become an essential strategic advantage. It plays a critical role in attracting and retaining high-quality candidates while also contributing to an organization’s overall success. A recent report from the International Executive Search Federation (IESF) delves into the importance of a
Krauthamer & Associates Assists the Dallas Area Rapid Transit with CEO Search
Krauthamer & Associates (K&A) has assisted in the recruitment of Nathaniel Ford as president and CEO of the Dallas Area Rapid Transit (DART). “Mr. Ford brings decades of executive leadership in public transportation, a proven record of organizational transformation, and a deep understanding that transit is about much more than buses and trains,” said DART board chair
Slone Partners Makes Senior Appointments
Life sciences-focused search firm Slone Partners has named Sona Stroud and Kim Wilson as senior partners. Ms. Stroud has been promoted to the position following nearly 15 years with the firm, while Ms. Wilson returns to the organization, further strengthening its leadership team with nearly 17 years of experience with the firm. “Few things are more rewarding than recognizing exceptional leaders
The Evolution of Tech Leadership in Europe: 40 Years of Transformation
As technology continues to reshape every sector of the economy, executive search firms are seeing a fundamental shift in the profile of leaders organizations need to remain competitive. Companies are no longer seeking executives with deep technical expertise alone—they are prioritizing transformational leaders who can navigate disruption, lead enterprise-wide change, and align emerging technologies with
Changing the DNA of Growth-Stage Recruiting
As growth-stage companies accelerate expansion under private equity ownership or new investment, leadership teams are placing greater emphasis on the organizational structures that support long-term value creation. While executive search has traditionally focused on identifying transformative leaders, many organizations are also rethinking where the talent acquisition function belongs within the enterprise to ensure hiring strategy
NU Advisory Partners Fills Board Position for Banesco USA
NU Advisory Partners has assisted in the recruitment of Teresa Stinson to the Banesco USA board. Nada Usina, CEO and co-founder, led the search along with Mar Hernandez, partner and co-founder. “Congratulations Teresa Stinson on joining Banesco USA as board director,” NU Advisory Partners said in a LinkedIn post. “We look forward to seeing your governance
Why Natural Language Search Is the Biggest Shift in Executive Search Since the Database
Executive search has always been a relationship business. Consultants describe talent in rich, layered terms, leaders who have scaled a commercial function through a turnaround, managed a $200 million P&L across two geographies, navigated a public board through a CEO transition. But the systems they rely on to find those leaders have never understood a
TM² Executive Search Assists Fort Valley State University with CHRO Search
TM² Executive Search (TM²) has assisted in the recruitment of Sean Lyn as the new chief human resources officer of Fort Valley State University (FVSU). President Amanda Washington Lockett and associate principals Jessica Horton and Ndeh Anyu led the assignment. Mr. Lyn brings more than a decade of progressive human resources leadership experience in higher education. Before joining Fort Valley State University,
Bespoke Partners Opens New Office in Boston
Bespoke Partners has opened a new office in Boston to accommodate the firm’s growing local team and strengthen its presence in a key market for private equity firms and their portfolio companies. The new office in Boston places Bespoke in proximity to leading software and SaaS clients in healthcare tech, cybersecurity, FinTech, MarTech and Adtech, GovTech and many more sectors. “Boston
The Questions to Ask an Executive Search Firm (That Most Don’t)
Browse a handful of executive search firm websites and they quickly begin to look alike. Every firm makes the same promises about senior expertise and deep networks, a new report from PierceGray. “They all claim to have a proven process and strong track record,” the study said. “There’s just one thing missing: the information you
The Christopher Group Retained by the Accreditation Council for Graduate Medical Education for CHRO Search
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has been selected by the Accreditation Council for Graduate Medical Education (ACGME) to lead in its search for a chief human resources officer. Managing partner, Pam Noble, and Partner Jeff Wilbanks are leading the assignment. “The ACGME plays a vital role in shaping the future of
Resource Management Group Assists Biomerics with CFO Search
Resource Management Group (RMG), an executive search firm specializing in CFO placements, has assisted in the recruitment of Kristin Mason as CFO of Biomerics, a vertically integrated contract manufacturer for the interventional medical device market in Salt Lake City, UT. “Kristin brings a unique combination of strategic financial leadership, operational rigor and growth experience,” said
Why Slow Hiring Processes Cost Companies Their Best Candidates
You’ve heard it countless times: “Hire slow, fire fast.” It’s sound advice in principle. Taking the time to thoroughly evaluate candidates before making an important hiring decision simply makes good sense. However, facilitating a comprehensive selection process and moving quickly are not mutually exclusive, according to a recent report from Noto Group’s Roy Notowitz. “It is a good thing
Bauer Harris Fills Senior Marketing Position for PREMIER Bankcard
Boston, MA-based executive search firm Bauer Harris has assisted in the recruitment of Mark Halpern as the vice president of marketing operations for PREMIER Bankcard. “Congratulations to Mark Halpern on his new role as VP, marketing operations at PREMIER Bankcard,” Bauer Harris said in a LinkedIn post. “We’re excited for Mark as he steps into this new
PER Completes Management Buyout, Paving the Way for Strategic Growth
Private Equity Recruitment (PER) has announced that its senior leadership team has completed a management buyout of the company from founder Gail McManus. As part of this transition, day-to-day leadership has passed to CEO, Rupert Bell, and managing director, Charlie Hunt, who, alongside other senior colleagues, are now majority owners of the company. “PER has
Vanderbloemen Search Group Adds Coaching Expert
Vanderbloemen Search Group, which finds leaders for churches and ministries, has expanded with the addition of Blake Stanley as a strategic partner. Mr. Stanley is a coach with Courage to Lead. He has served on three executive teams in churches ranging from 2,500 to 10,000 members. Currently, Mr. Stanley serves as executive pastor at 3Circle Church in Fairhope,
IMSA Search Adds New Member Firm in Kenya
Many companies with global strategies have been looking to Africa recently as the new frontier for business. Improved political environments, above average growth and the rich opportunities waiting in a continent that essentially has to start everything from scratch are raising considerable interest. Recently, executive search network IMSA Search Global Partners added Kenya-headquartered executive search firm By
Why Total Well-Being is the Biggest Culture Shift to Happen in Decades
In today’s increasingly complex world, people are expected to respond to emails, texts, phone calls, instant messages and social media while communicating in-person with customers and colleagues at work and managing the many competing demands of their personal lives and families. “As leaders, we are expected to manage our own stress while demonstrating that we
True Expands Healthcare and Life Sciences Practice
Haddonfield, NJ-headquartered executive recruitment firm True has expanded with the addition of five consultants to its healthcare and life sciences practice throughout North American and in EMEA. Team additions include: Jim O’Sullivan, Stephanie Maistrellis, Sophia Mowla, Jacob Sack and Mariah Lang. “True growing presence in healthcare and life sciences is a natural progression for us given our deep experience in tech,” said
McDermott + Bull Recruits CEO for Panasonic Avionics
Irvine, CA-based search firm McDermott + Bull has assisted in the placement of Ken Sain as CEO of Panasonic Avionics Corp. He succeeds Hideo Nakano, who has served as the company’s CEO since 2017 and as deputy CEO prior to that. The assignment was led by CEO Rod McDermott, managing director Jared Moriarty, vice president Brent Lamb and director Michael
Borrer Executive Search Places CFO and Chief Communications Officer for IMD Business School
Lausanne, Switzerland-based Borrer Executive Search has helped place Peggy Le Roux as chief finance and administrative officer as well as Delia Fischer as chief communications officer at IMD Business School. Ms. Le Roux joins the Lausanne- and Singapore-based business school from watch manufacturer Jaeger-Coultre, where she served as CFO for eight years. Before that, she was head of controlling for the
Kennedy Executive Search Adds New Partner in Germany
Kennedy Executive Search, a network of independent executive search firms, has added Adrian & Roth Personalberatung as its newest member firm. With the new partner office in Munich, Kennedy Executive gains an even stronger presence in Germany and the German-speaking markets. Adrian & Roth (A&R) was founded in 2002. The firm has more than 20
Netflix Ordered to Stop Recruiting Executives from Rivals
A judge in California has just issued an injunction against streaming powerhouse Netflix, prohibiting it from attempting to hire Fox TV and film executives who are under contract. The ruling yesterday afternoon in LA Superior Court hands a win to Twentieth Century Fox Film Corp and Fox 21, the studios that sued Netflix three years
WittKieffer Tapped by the Dana-Farber Cancer Institute to Find Chief People Officer
Executive search firms have been stepping up their efforts to assist companies across the nation to find top talent leaders, including chief people officers. The latest: WittKieffer has been retained by the Dana-Farber Cancer Institute to lead its search for a new chief people officer. Kim Smith, Tom Quinn and Kerry Quealy are leading the assignment. “This is
University of Missouri Turns to Parker Executive Search to Find Head Football Coach
Universities continue to turn to executive search firms to find new athletic directors, coaches and senior level front office staff. The latest: Atlanta-based Parker Executive Search recently placed Eliah Drinkwitz as the head football coach at the University of Missouri. Mr. Drinkwitz is coming off an impressive 2019 season at Appalachian State, where he led the
Stanton Chase Appoints HR Practice Leader for North America
Baltimore, MD-headquartered Stanton Chase has continued its recent expansion with the addition of veteran HR executive Bill Brewer as the firm’s human resources practice leader in North America and a director in its Los Angeles office. As the regional HR specialization leader, Mr. Brewer consults with boards and CEOs on assessing and acquiring best-in-class human resources officers. He leads
The RSA Group Names Chief Commercial Officer
The RSA Group, which is based in London and focuses on the life sciences sector, has named Kristian Jürgensen as chief commercial officer, effective immediately. In his new role, Mr. Jürgensen is charged with ensuring that all functions of the organization are aligned to meet strategic commercial objectives and will continue to drive business growth. “I
Crafting a Job Spec That Draws Top Talent
A search firm and client can spend 15 minutes or 15 hours drafting a position specification, but it can emerge as a useless document either way. According to William Lepiesza of The Alexander Group, a well-crafted specification, or “spec” for short, is the foundation upon which a successful search is built. “Without the right approach
Uber Picks Hanold Associates for Head of Talent Acquisition Search
Following a record-breaking year of recruiting top HR leadership into some of the best well-known brands across industry, Chicago-based Hanold Associates has been chosen to lead Uber’s search for a head of talent acquisition in its Advance Technology Groups unit. Ashley Schiele and Mayank Parikh are spearheading the assignment. The position is based in Pittsburgh, PA. The head of talent acquisition
Diversified Search Finds CEO for Eastern Connecticut Health Network
Philadelphia-based Diversified Search placed Deborah Weymouth as president and CEO of the Eastern Connecticut Health Network (ECHN). The assignment was conducted by James A. Langston, managing director and financial officers practice leader, and managing director Ken Hirshman. “I am pleased to welcome Deborah to ECHN and I am confident that she will be an outstanding addition to ECHN’s
Aspen Leadership Group Seeks Leader for League of American Orchestras
Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, is seeking a new president and chief executive officer for the League of American Orchestras. “The CEO will further the fulfillment of the mission of the League of American Orchestras: to advance the experience of orchestral music, support the
20/20 Foresight Executive Search Appoints Managing Director in San Francisco
Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of John Spitzler as managing director. He will head both 20/20 Foresight Executive Search and 20/20 Foresight Executive Marketing operations throughout California from his home base in San Francisco. “20/20 Foresight offers our career consultants a unique atmosphere in which to grow their business,” said Bob Cavoto, managing principal and founder
Upbeat Hiring Plans Heading Into the New Year
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020 though regional and industry forecasts are mixed, according to the latest “Employment Outlook Survey,” released today by ManpowerGroup. Employers in all U.S. regions and industry sectors said they were expecting headcount to grow. This is the eighth consecutive year of
DHR International Assists Florida State Land New Football Coach
Glenn Sugiyama, managing partner and global sports practice leader at DHR International, has placed Mike Norvell as the new head football coach for Florida State University. Willie Taggart was fired in early November after going 9-12 during his tenure with the team. “It was an honor to be entrusted with the search for the new leader of one
University of Utah Enlists Spelman Johnson for Chief Safety Officer Search
Executive recruitment firm Spelman Johnson has been chosen to find a chief safety officer for the University Of Utah in Salt Lake City. The university created the role in the wake of the murder of student-athlete Lauren McCluskey in October 2018. An independent review subsequently found that university police failed to respond properly to Ms.
ZRG Partners Expands Financial Services Practice
ZRG Partners, one of the fastest growing executive search firms, has expanded with the addition of Michael Castine to its financial services practice. He will be based in New York City. Mr. Castine brings 30 years of executive search experience to the firm. Previously, he was a partner with Ridgeway Partners for the past six years. He
HW Global Talent Partner Adds Finance Director to Fuel Growth
U.K.-based executive search firm HW Global Talent Partner has named Rob Pettican as its new finance director at a time in which the firm is targeting rapid growth both organically and through strategic acquisitions. In a new position created to support the planned expansion of the group, he will be accountable for the firm’s finances.
The Upskilling Deadlock to Continue in 2020
Recent research has revealed a paradox at the heart of current debates around upskilling. On the one hand, the vast majority of U.S. workers believe it’s imperative to train for and develop new skills in order to keep up with changes in the workplace. On the other, that same contingent of workers also say that neither
Myers McRae Recruits Provost for Methodist College
Macon, GA-based Myers McRae Executive Search and Consulting has placed Suzanne Blum Malley as the new provost for Methodist University. She will assume her new position on Jan. 15. Emily Parker Myers, CEO, and Jennifer Barfield, senior vice president, led the assignment. “Dr. Blum Malley brings to us a strong track record of academic and scholarly success,
Insight Executive Search Seeks Strategic Learning and Evaluation Officer for Walton Family Foundation
Insight Executive Search, which finds top talent for non-profit, research and commercial organizations, has been chosen to find a strategic learning and evaluation officer for the Walton Family Foundation. Vice president Ari Ayares is leading the assignment for the Washington, D.C.-based recruitment firm. The new strategic learning and evaluation officer will be charged with working
The Jackson Laboratory Taps Heidrick & Struggles to Find CHRO
CHROs have become critical stakeholders in defining the strategy of a company, and they are expected to tackle the HR challenges and evolving expectations of a dynamic workplace environment that will consist of constant change, calculated risk taking and evolving expectations from top stakeholders. Those well-equipped to achieve the greatest success will have diverse skill-sets,
The Taplow Group Unveils New Board of Directors
Board service can be one of the most rewarding career experiences: It’s the opportunity to see firsthand how another company operates at the highest levels and to work with – and learn from – accomplished, articulate and intelligent people. It’s why many leaders decide to start down the path to the boardroom. It’s also why
Korn Ferry Posts Flat Q2 Revenues
Korn Ferry (NYSE:KFY) has posted fiscal second quarter revenues of $492.4 million, down one percent (up one percent at constant currency) from last year. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – recorded net income was $42.8 million, compared to a loss of $46 million in the second quarter of last
Unemployment Rate Dips Again as Economy Pushes Forward, Despite Concerns
Employers added 266,000 jobs last month as the U.S. unemployment rate dropped slightly to 3.5 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase was above the 180,000 forecast by economists. The November gain is the 110th consecutive month of job growth. The number of unemployed currently stands at 5.89 million. “We still see
The Bowdoin Group Recruits President for Mayo Clinic Platform
The Bowdoin Group, a Boston-based executive search firm, has placed John Halamka as the new president of Mayo Clinic Platform, which is committed to elevating Mayo Clinic to a global leadership position within digital healthcare. He will start in his new role on Jan. 1. “Dr. Halamka has a proven track record of success in innovation
Ventura Partners Plays Key Role in Returning Head Football Coach to Rutgers
Executive recruitment firm Ventura Partners has helped to bring Greg Schiano back to Rutgers University for a second stint as head football coach. Mr. Schiano led the Scarlet Knights to six bowl appearances during his previous tenure, from 2001 to 2011. Partner Chad Chatlos led the assignment for the search firm. Mr. Schiano left Rutgers in 2012
