DAILY NEWSWIRE - TOP STORIES
Midst Inflation Pressures and Recession Fears, Data Reveals What Skills Will Drive Growth and Mitigate Risk
In its latest report, Business Talent Group reveals how high-end independent talent is helping business leaders pursue growth amid increasing risk, harness advances in data science and technology, and adapt their workforces, processes, and financial practices for an uncertain business environment ahead.
What are the key value-drivers for operating executives when both exit values and resignation rates are at all-time highs?
“New normal” is a phrase encompassing the innovative world of working from home and spending less time in a traditional office setting. Since the...
The global workplace upheaval wrought by COVID-19 has seen employers scramble to play catch-up as the world emerges from the pandemic...
A steady wave of M&A activity is sweeping across the executive recruiting sector
Examine how executive search firms are funding expansion, raising growth capital, seeking PE growth partners, and acquiring rivals to stay competitive in one of the hottest markets in years.
Executive search firm Venor has expanded into the Greater Toronto area with the recent acquisition of Syntek Search Group. Syntek was founded by Junior Roberts in 2018 with a focus on recruitment in the technology sector with a talent emphasis on diversity and inclusion. Mr. Roberts is an entrepreneurial leader, advisor and mentor in Central
Los Altos, CA-based SucceedSmart has launched the general availability of its executive search platform, providing executives with a powerful “candidate-first” approach, said the company. “Founded by serial entrepreneur and RiseSmart founder Sanjay Sathe, SucceedSmart is poised to change the way executives maneuver to the forefront of their respective fields,” said the firm. “Similar to the
Hunt Scanlon Media has released its annual rankings of leading executive search firms. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2021, a result of pent-up demand for executives and their key reports.
New York-based retail and consumer focused executive search firm Herbert Mines Associates has named president Brenda Malloy as CEO, effective at the start of 2023. Current chairman and CEO Hal Reiter will remain as chairman. In her new role, Ms. Malloy will be responsible for the strategic growth of the firm. Ms. Malloy is only the third
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?
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. Global executive search consortium IMD International Search Group has opened a new office in
Cyber resiliency is the ability of an organization to enable business acceleration by preparing for, responding to, and recovering from cyber threats. A cyber-resilient organization can adapt to known and unknown crises, threats, adversities, and challenges. The goal of cyber resiliency is to help an organization thrive in the face of adverse conditions, be it
Among 400 active French investment funds, 14 percent are venture capital funds whose role is to finance emerging high-potential start-ups in innovative sectors. The significant increase in unallocated liquidity in recent years means a substantial choice of investors for start-ups looking to raise funds. Thus, VC funds are now focusing on non-financial aspects in order
ON Partners has assisted in the recruitment of Kimberly Anstett as the new chief information officer for Trellix, a cybersecurity company based in San Jose, CA. Partners Andy Hickman and Tim Conti led the assignment. “Kim has a proven record of building high-performing IT organizations,” said Bryan Palma, CEO. “No doubt she will do the same at Trellix while also
Retailers are facing major shifts in their businesses that call for “unprecedented responses” by CEOs who can effectively lead through change, intuitively and analytically understand the evolving consumer, and respond to ambiguity, according to search consultants. Developed markets, excess retail capacity, rising prices, the shift to omni-channel retail and the unpredictable pace of change in
The International Executive Search Federation (IESF) has expanded in Austria with the addition of YBM Partners as its newest member firm. “Our expansion with Austria as the traditional gate to Eastern Europe is in line with the strategy of IESF as a growing international organization to be stronger represented in the emerging markets of Central and Eastern Europe,” the
How do we want to work in the future? Working just to make money and make ends meet is out – the workforce of the future will want more. More flexibility, more meaning, more possibilities. What can you do now to position yourself as a top employer in the future? In a new report, Talentor’s
DHR Global has been enlisted to conduct a chief financial officer search for The Scotts Miracle-Gro Co., a leading lawn and gardens products company. Rob Tillman, managing partner of DHR’s global financial officer practice, is leading the search. “ScottsMiracle-Gro is an iconic company with several highly recognized brands, a unique heritage, and a commitment to win,”
Raleigh, NC-based Collegiate Sports Associates has been called in to conduct the search for the next head football coach at the University of Nebraska. Scott Frost, who had coached the Cornhuskers since 2018, was fired following the team’s loss to Georgia Southern in the third week of the season. The team suffered 31 losses during his
Private equity-backed Kingsley Gate Partners has named Francesca d’Arcangeli as chief operating officer. Based in London, she will be responsible for worldwide operations. “I’m delighted to have Francesca on board as our new chief operating officer,” said Umesh Ramakrishnan, CEO of Kingsley Gate Partners. “Francesca has been responsible for large operations around the globe, speaks multiple languages,
Global search firm H.I. Executive Consulting (HIEC) has named Todd Maners as a partner in the industrial practice and Ken Wilcox as a partner in the consumer and retail practice. Mr. Maners has a background partnering with business leaders to effectively leverage talent to drive organizational transformation. In addition, he also brings deep expertise in spearheading innovative human capital
Many are confused by the difference between executive search and recruitment. The two terms are often used interchangeably, even by the people working within the industry. Although, we could say that recruitment agencies and executive search firms share the same objective – hiring the best possible talent – they do not work the same way,
Radnor, PA-based executive search firm Salveson Stetson Group has assisted in the recruitment of Josette Jean-Francois as the new senior director of talent and learning at B. Braun Medical Inc. (U.S.), a leader in infusion therapy and pain management that develops, manufactures, and markets innovative medical products and services to the healthcare industry. “We recently had the honor of
Non-profit recruitment firm m/Oppenheim Executive Search has been enlisted to find the next president and chief executive officer for the American Foundation for the Blind (AFB) in Arlington, VA. Leading the assignment are Lee Kappelman, Oscar Quiros, and Mark Oppenheim. The new leader will be charged with ensuring that AFB’s fiscal, operations, marketing and communications, human
Longship Group, a workforce consulting and solutions firm, has acquired Lawton Group, a healthcare and office/professional recruiting firm based in San Diego, CA. Financial terms of the deal were not disclosed. The new leader of the Lawton Group’s operations will be Katherine Sullivan of Longship Group’s healthcare division. “With Lawton Group’s prior 35-plus years of outstanding
London-based executive search firm Leathwaite recently expanded with the addition of Heather Barnes as a partner. “We are absolutely thrilled that Heather has chosen to join Leathwaite,” said Richard Buckingham, lead global technology partner. “We have long admired Heather’s impact, presence, and reputation in the technology, digital, and data market, and we look forward to integrating her
Private equity’s impact on the global economy is growing every year. The sector has become a financial behemoth worth as much as $7 trillion dollars globally, according to a McKinsey report — and, as a result, an important direct employer of millions of people worldwide. Like other recruiters that work with PE firms and their
A recent trend to emerge among Russell Reynolds Associates’ private capital clients is an increased willingness to make a creative chief financial officer hire. While the firm has seen the emergence of preferred archetypes for private equity and venture capital CFOs, there is also greater appetite to test the norm. To better understand the CFO
A number of universities have recently turned to search firms to find new chief human resources officers. Academic Career & Executive Search (ACES) has been called in by Boise State University to lead its search for a CHRO. Reporting directly to the president, the CHRO is a senior member of Boise State’s leadership team, responsible
Mercedes Chatfield-Taylor, co-founder of Artico Search, recently recruited Alexandra K. Moore as the founding managing director of a new investment company, Night Capital, which was recently launched by The Chernin Group (TCG) and digital talent-management and media firm Night Inc. In addition, TCG has invested an undisclosed sum in Night to “further accelerate Night’s growth as the
San Francisco-based Gaia Human Capital Consultants has recently placed three key sustainability leaders for three clients, NYSERDA (the New York State Energy Research and Development Authority), A.O. Smith Corp., and Sabert Corp. Dawn Dzurilla, founder and managing partner, and Zoë Van Schyndel, partner, led the assignments for the search firm. At NYSERDA, which promotes energy
Humans are inherently biased – it’s how our survival instincts enable us to make faster decisions. Thus, we make a majority of choices based on beliefs, biases, and gut instincts, rather than data, facts, and logic, according to a report from Morgan Samuels Company. While biases themselves aren’t good or bad, they can result in
ON Partners has assisted in the recruitment of Dolly DeNyse as chief revenue officer of Arbolus, a London-based knowledge-sharing platform. Partner Seth Harris led the assignment. “Dolly is such an exciting hire for us at the perfect time,” said Sam Glasswell, CEO. “Arbolus has evolved from its roots of improving the user experience in the expert network industry, towards a
Pasadena, CA-based search firm Envision Consulting recently placed Norayma Cabot as the new chief executive officer of A Place Called Home (APCH), a non-profit that provides a safe, nurturing environment and a variety of programs for young people in South Central Los Angeles. She assumes the role effective next Monday. Ms. Cabot joins the organization from the Los
Recruiting for board of directors roles, considered by many to be the very backbones of organizations, has grown markedly more challenging in recent years, say recruiters who conduct searches in that area. As a result, companies continue to turn to executive search firms to help find new board members. Diversified Search Group (DSG), a leading search firm
The Labor Department reported that 353,000 Americans have filed new claims for state unemployment benefits. This is the lowest level for initial claims since March 14, 2020, when it was 256,000. This nearly estimates from economists surveyed by Dow Jones, which was 355,000. The previous week’s level was revised up by 1,000 from 348,000 to
Executive search firm Hanold Associates has recruited Lisa Jacoba as chief human resources officer (CHRO) of CPI Card Group. Hanold Associates’ partners Karlis Antons and Ivan Perry led the search. In her new position, Ms. Jacoba will have overall responsibility for the human resources function of the company, reporting directly to CPI’s president and chief executive officer, Steve Montross.
Dublin, Ohio-based Harris Search Associates has placed Paul DiCorleto Ph.D. as vice president for research and sponsored programs at Kent State University. Dr. DiCorleto comes to Kent State from Cleveland Clinic, where he served as Sherwin-Page chair of the Lerner Research Institute since 2002, and from Case Western Reserve University, where he chaired the Department of Molecular Medicine in
Executive search firm Russell Reynolds Associates has appointed Kimberly Archer as head of its Washington, D.C. office. She replaces Denise Grant, who recently left the firm. Ms. Archer recruits C-suite executives and advises boards around leadership assessment and succession for a wide variety of organizations including foundations, think tanks, non-governmental organizations, social and human service agencies, and advocacy
Executive search firm GRMSearch (GRM) has added Sam Fallaw and Jelena Lazic as associates in its Melbourne office. The appointments come less than one year after GRM Search launched its Australian office with seasoned legal recruiter Paul Garth at the helm. “The market response to our Australian office opening has been very encouraging. The addition of Sam and Jelena is in
Shares in Canadian-based search firm Caldwell Partners International skyrocketed 41.5 percent yesterday amid unusually high trading volume and takeover rumors. More than 500,000 shares of the company’s common stock traded hands before a temporary suspension was imposed by Toronto Stock Exchange regulators late in the afternoon. Shares reached $1.84 per share, up 54 cents from $1.30
Atlanta-based Parker Executive Search has been selected by the board of directors of Eastern Michigan University to lead its search for a new president. The candidate will be replacing Susan Martin, who steps down as president in two weeks. Kim Schatzel, provost and executive vice president of academic and student affairs, will serve as interim president while Eastern conducts the national
Heidrick & Struggles has strengthened its expertise in healthcare and life sciences recruiting with the addition of Greg Lovas as partner to the firm’s Washington, D.C. office. As a member of Heidrick & Struggles’ life sciences practice, Mr. Lovas serves pharmaceutical, medical device, healthcare services, and biotech clients in all phases of growth, from start-ups to multi-billion dollar global
Executive search firm Fairfield Partners has placed Andy Malloy as vice president of sales for San Carlos, CA-based NatureBox. NatureBox has experienced tremendous growth through its snack subscription services and is building its brand awareness by moving into the physical retail realm. Mr. Malloy will lead those efforts. “By placing key executives in some of the most iconic natural food
Modise Makhene has been named as a principal at Odgers Berndtson Sub-Saharan Africa. He joins the firm’s Johannesburg office. Mr. Makhene brings extensive business development and client relationship management experience to the firm’s Africa location, having worked in the FMCG, media, advertising, digital & communications industries. He has also worked with clients in the retail, automotive
Nearly a quarter (22 percent) of U.S. chief information officers plan to expand their IT teams in the second half of 2015, according to the just released Robert Half Technology IT Hiring Forecast Trend Report. It represents a three-point rise from the beginning of the year and an eight percentage point jump from one year ago. “CIOs are bullish on the
RSR Partners, a corporate governance and executive search firm based in Greenwich, Conn., has added Dany Berghoff as a principal in its sport leadership practice. With a wealth of experience in consulting for sports and entertainment organizations, Mr. Berghoff is expected to play an important role in the firm’s business development and search execution efforts, where he will
Executive search firm Bradbury Associates/Gossage Sager Associates has been retained by the Tuscaloosa Public Library (TPL) to lead its search for a new executive director. Past library director Mary Elizabeth Harper resigned in December. Managing partners Dan Bradbury and Jobeth Bradbury are project co-directors on the engagement and they are joined by Karen Miller working as a principal on the
ACON Investments, LLC has selected executive recruiter Reffett Associates to assist the company in the selection for senior leadership of newly acquired Fiesta Mart, LLC. Working with Mike Byars, president and chief executive officer of Fiesta Mart, Reffett will initially assist in the identification and selection of the company’s chief financial officer, chief merchandising officer, and chief marketing
Co-founder and director of Bespoke Recruitment Ltd., Simon Noakes, has been elected chair of the Recruitment and Employment Confederation (REC) council, replacing Neil Smith. Mr. Noakes has worked in the recruitment industry for 18 years, including 14 years as director of Bespoke Recruitment Ltd. which he co-founded in 2001. Bespoke Recruitment focuses on the recruitment of professionals
CFOs in the U.S. are more confident now than they have been in years about hiring trends, according to the quarterly CFO Outlook Survey conducted by Financial Executives International and Baruch College’s Zicklin School of Business. Survey responses indicate CFOs are gearing up to increase hiring activity in the coming months. “A majority of CFOs have been
Executive search firm Zolowicz Group has been launched by David Zolowicz to serve the search and recruitment needs for the legal sector. “Mr. Zolowicz has a proven track record within the legal community,” said John McDonald, president of MRINetwork, of which the new firm is an affiliate. “His expertise coupled with his critical eye for talent ensures that he
Global executive search firm Alexander Hughes has named Benoit Ceillier, Jean-Loup Charrier, Silvia Cheli and Blandine Roger-Fabre as new client partners in its Paris office. Mr. Ceillier, a former Nixdorf Computer and Microsoft senior executive, brings more than 20 years of international experience in sales, marketing and management in the IT/Internet business. His expertise covers strategy, sales, business planning,
Pearson Partners International has placed Frances Bronet as provost and senior vice president of academic affairs at the Illinois Institute of Technology. She succeeds Alan W. Cramb. Ms. Bronet has been a distinguished professor and dean of the School of Architecture and Allied Arts at the University of Oregon since 2005. She began her career as a faculty
Sports and entertainment-focused executive recruiter Turnkey Search has placed Myles Pistorius as senior vice president and general counsel of the Miami Dolphins. He will be responsible for all legal affairs of the football organization and Sun Life Stadium. “Myles is an accomplished executive who has extensive experience in leading legal matters and negotiations, but who also has experience across
DHR International has agreed in principle on non-binding terms outlining the acquisition of selected assets of CTPartners in a transaction reached with CTPartners’ lenders. The negotiations bypassed the special committee of CTPartners’ board of directors when direct talks between the two companies broke down on or about June 17. The special committee was formed several
Redwood City, CA-headquartered executive search firm Lonergan Partners has recruited Todd Abbott as chief executive officer of Tely Labs. Mark Lonergan, founder and managing partner of Lonergan Partners, led the assignment. Mr. Abbott joins Tely Labs with more than 30 years of industry experience at some of the world’s leading technology firms, accelerating their financial and operational performance and advancing their
Executive search firm Ridgeway Partners LLC has added Kevin McKeon to its Boston office. Mr. McKeon has over 15 years of professional search experience dedicated to the investment management industry. He joins Ridgeway Partners from CTPartners, where he was a senior member of the firm’s asset management, wealth and alternative investments practices. Mr. McKeon has worked with
Neysa Dillon-Brown has joined Diversified Search in Atlanta as managing director of the firm’s healthcare practice. Ms. Dillon-Brown is an experienced and highly respected search consultant with broad and deep national relationships with senior executives and emerging leaders in healthcare systems around the country. She has an impressive portfolio of clients in the academic, healthcare delivery, association and community
Social-media company Twitter announced on its news feed that is has retained Spencer Stuart to lead the board’s search efforts to find the San Francisco-based company’s next chief executive officer. James M. Citrin, head of Spencer Stuart’s North American chief executive practice, will lead the assignment. Mr. Citrin has handled a number of high-profile CEO searches, including the
Executive recruiters are reporting that high profile data breaches at well-known companies have induced demand for cyber security talent, namely chief information security officers (CISO), at a time when IT security executives are being elevated to the C-suite. “This convergence is a highly visible response to what is now seen as a highly visible issue,” said Scott
Life sciences executive recruiters RSA and Heritage Partners have formed an exclusive partnership. The combination, which will operate under the banner Heritage Partners-RSA, brings together the experience and advisory abilities of two established life sciences specialist boutique search firms. Heritage Partners has 20 years of experience in life sciences recruiting, advisory services and placing industry leaders.
Terry Malouf, founding president of T. Malouf and Company Executive Search, is conducting the search to replace longtime director of The National Bicycle Dealers Association (NBDA), Fred Clements. Mr. Clements is stepping down in the next few months to take a project director’s role within the Costa Mesa, California-based organization. The NBDA has therefore initiated a national
Global leadership advisory firm Allen Austin has added retired Vice Admiral Ann E. Rondeau as head of the firm’s higher education search practice. She will also be active in Allen Austin’s strategy, not-for-profit, aerospace, defense and intelligence recruiting practices. Vice Adm. Rondeau most recently served as president of National Defense University (NDU), which is the premier center for Joint Professional
Executive search and professional services firm hrQ has strengthened its staff with the additions of Corey Harlock and Elizabeth Young as talent acquisition managers in its Houston and Dallas offices. hrQ focuses exclusively on the human resources sector, providing HR professionals for short or long term contract assignments and full time hires as well as offering expertise on a variety of human
According to the most recent ‘Women in the Boardroom: A Global Perspective’ report by Deloitte, representation of women on corporate boards continues to increase, but the number of women leading boards still remains low globally. Overall, women now hold 12 percent of seats worldwide with only four percent chairing boards. European countries continue to lead on gender
Search firm Major, Lindsey & Africa (MLA) has expanded its footprint in the Midwest with the opening of a Minneapolis/St. Paul office. Brian McMahon has been tapped to lead the new location as managing director, representing associate attorneys, individual partners and partner groups in the lateral marketplace and executing focused searches for law firm clients. In his new