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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.
Coulter Partners Places Chief Marketing Officer for NRG Therapeutics
Life sciences recruiting specialist Coulter Partners has recruited Claus Sundgreen as chief medical officer of NRG Therapeutics Ltd. Managing partner Kay Wardle led the assignment. “NRG was seeking a rare combination of clinical development expertise, neuroscience leadership, and deep knowledge of ALS. Our search focused on identifying leaders with a proven track record of advancing innovative therapies through critical
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?
Flatiron Search Partners Appoints Partner
Flatiron Search Partners (FSP) has expanded with the addition of Dan Rubin as partner. “Dan works with clients across the consumer landscape to place the right leaders in the right roles at the right time,” Flatiron Search Partners said in a LinkedIn post. “He brings deep experience in retail and consumer goods, with particular expertise placing general
The Counteroffer Problem: What C-Suite Leaders Need to Know
Executive search assignments can unravel at the finish line for reasons that have little to do with candidate quality or cultural fit. Counteroffers have become an increasingly important consideration for search consultants and their clients as companies compete to retain proven senior leaders in a tight talent market. For organizations pursuing C-suite talent, understanding a
Furst Group Assists the American Society for Clinical Pathology with CEO Search
Furst Group, which serves the healthcare and insurance industries, has assisted in the recruitment of Alexandra Brown as CEO of the American Society for Clinical Pathology (ASCP) following her successful tenure as interim CEO over the past year. The selection was made after a national search and based on the recommendation from a search committee
BroadView Talent Partners Recruits President and CEO for Baltimore Community Lending
Following a comprehensive national search led by BroadView Talent Partners, Baltimore Community Lending, Inc. (BCL) has hired Calvin Gladney as president and CEO. Tracy McMillan, Robyn Quinn, and Donna Young led the assignment. He succeeds longtime Watchen Harris-Bruce, whose leadership has strengthened BCL’s position as a leading community development financial institution (CDFI) dedicated to expanding access to capital and creating
U.S. Adds 162,000 Jobs in August as Unemployment Holds at 4.1 Percent
Employment increased by 162,000 in August as the U.S. unemployment rate remained unchanged at 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.0 million, changed little in August. Among the major worker groups, the unemployment rate for people who are Asian declined to 3.2 percent in August.
WittKieffer Recruits President and CEO for the American Hospital Association
Oak Brook, IL-based WittKieffer has placed Steve Walsh as the new president and CEO of the American Hospital Association (AHA). Andrew Chastain, Paul Bohne, and Keshia Harris led the assignment. “Following a thoughtful national search, the board unanimously selected Steve Walsh to serve as the next president and CEO of the American Hospital Association,” said Marc L. Boom, chair of the AHA
Egon Zehnder Appoints Global Leader of HR Practice
Global leadership advisory firm Egon Zehnder has named Ayşe Güçlü Onur as global leader of its human resources practice. She succeeds Rafael Altavini, who helped expand the practice’s work with leaders, teams and organizations navigating transformation and change. “This appointment comes as companies and boards increasingly look to CHROs to help shape business strategy, lead transformation, build leadership
The Industry’s Profit Conversion Problem — And Why Going AI-Native is the Way Out
The recruiting industry is not short on revenue. Fee revenue at the 50 largest executive search firms in the U.S. and Americas jumped 11 percent last year, topping $6.69 billion, according to Hunt Scanlon‘s 2026 annual rankings. Across broader staffing, the picture is more muted, but revenue is still flowing. The problem is what happens
BoardWalk Consulting Leading CEO Search for the National Breast Cancer Coalition
BoardWalk Consulting was recently retained by the National Breast Cancer Coalition (NBCC) to lead in its search for a new CEO. The search is being led by Crystal Stephens and Terri Kohan. This is a rare opportunity: to lead one of the most respected and independent voices in breast cancer advocacy, building on three decades of momentum. Reporting
GHP Search Partners with Ascend Learning on Board Member Appointments
GHP Search, formerly known as Greenwich Harbor Partners, was recently tapped by Ascend Learning to assist in growing both the Ascend Learning board of directors and the Ascend Charter Schools board of trustees. New members of the Ascend Learning board identified by GHP include Robert Childs, retired EVP, strategic initiatives at American Express and Amy Mbagwu-Bagolini, a founding leader of Amazon’s Streaming TV advertising business. Richard Young Jr, director,
FMG Leading Adds Healthcare Strategy and Transformation Expert
Human capital advisory firm FMG Leading has expanded with the addition of healthcare strategy and transformation expert Doug Van Wie as managing director. The firm explained that the addition further aligns FMG Leading’s capabilities with the needs of investor-backed organizations looking to add value and mitigate risk as they deploy purpose-driven capital into the rapidly evolving healthcare system.
Caldwell Launches Global Financial Institutions Group Practice
Toronto-based Caldwell has launch its global financial institutions group (FIG) practice, bringing together the firm’s financial services capabilities under a single, globally coordinated practice. “This is more than a change in name,” said Chris Beck, chief executive officer of Caldwell. “It reflects the scale, connectivity, and depth of the practice we have built globally, as well as
M&A in the Search Industry: How Consolidation Is Reshaping Who Wins
M&A activity is becoming an increasingly important force across the executive search sector as investors and larger platforms look for opportunities to expand capabilities, sector expertise, and geographic reach. For independent firms, the trend is placing greater scrutiny on how effectively their businesses are structured, managed, and positioned for the future. Against this backdrop, search
Korn Ferry Completes Acquisition of AMS
Korn Ferry (NYSE:KFY) has completed its acquisition of U.K.-headquartered AMS from OMERS Private Equity. The combined organization brings together two highly complementary organizations across geographies and industries with a shared commitment to drive business performance. The collective firm will have more than 16,000 colleagues. In accordance with the terms of the acquisition agreement and in the
Myers McRae Helps Pensacola State College Select Finalist for President Role
Macon, GA-based Myers McRae Executive Search and Consulting has assisted Pensacola State College (PSC) with the selection of J. Alex Kelly as the finalist to become it’s next president. The committee’s recommendation followed a national search led by Kenny Daugherty of Myers McRae Executive Search and Consulting. The search attracted 107 qualified applicants from across the country. The committee selected
Potrero Group Recruits CEO for Center for Volunteer & Nonprofit Leadership
San Francisco-based leadership consulting and search firm Potrero Group has placed Karen Strolia as the next CEO of Center for Volunteer & Nonprofit Leadership (CVNL) in San Rafael, CA. She succeeds longtime CVNL CEO Linda Jacobs, who led the organization for 25 years. “The board is thrilled to welcome Karen as CVNL’s next chief executive officer,” said Luana Vaetoe,
Marovi Appoints Head of Engineering
Atlanta-GA-based Marovi has expanded with the addition of Ebubechukwu “Don” Enwerem as head of engineering. “Over the past few years, Don has had several engineering terms with Amazon Robotics – work estimated to save millions in operational costs. In between stints, he was building with Marovi. When the opportunity came to continue with Amazon, Don chose
As Executive Search Accelerates, Judgment Becomes the Differentiator
Executive search firms are under pressure to demonstrate value earlier than ever. Clients increasingly expect firms to understand the market, identify credible candidates, and begin calibrating on potential profiles before a search has even formally launched. AI and new data tools are helping firms meet those demands. Tasks that once took days can now be
Fractional vs. Full-Time Executives: The Real Math for Mid-Sized Growing Companies
As mid-sized companies grow, one of the more consequential leadership decisions is determining when fractional executive support is sufficient and when the business requires a full-time leader. A recent ExactSearch.AI report examined the economics behind that decision, finding that the answer often depends less on compensation than on the level of ownership, accountability, and organizational
Lindauer Recruits Chief Development Officer for C-SPAN
Following a national search, Lindauer has assisted in the recruitment of Adele Hixon-Day as the first chief development officer of C-SPAN. The search is being led by Lindauer vice president Maureen Huminik, senior vice president Bob Giannino, and senior consultant Taylor Beard. “Adele joins C-SPAN at a pivotal moment,” said C-SPAN CEO Sam Feist. “For decades, the cable and satellite, and recently
Pyramind Recruits President and CEO for The SkillSource Group
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Clifford Yee as president and CEO of The SkillSource Group, Inc. (SSG), fiscal sponsor of Virginia Career Works – Northern. He succeeds interim executive officer Seema Jain, following a leadership transition supported by SkillSource’s staff, board, and community partners. “Cliff has a strong
Buffkin / Baker Acquires Fortra Search
In an effort to strengthen its venture capital and private equity search capabilities, Buffkin / Baker has acquired Fortra Search, a boutique retained executive search firm focused exclusively on executive sales and revenue leadership. The firm has also named its founder Andy Grosso as partner. “We’re thrilled to welcome Andy to Buffkin / Baker,” said Jackson Ross, partner
The Role of the CFO in PE-Backed Businesses
The role of the CFO in private equity-backed businesses has shifted materially in recent years. Historically a function for financial stewardship, the CFO role is now defined by operational accountability, value creation and the ability to translate investment strategy into outcomes. A recent report from U.K.-based executive search firm The Barton Partnership (TBP). The study examined how
JDG Associates Seeking Executive Director for the National Coalition for Assistive and Rehab Technology
Rockville, MD-based executive search firm JDG Associates was recently selected by the National Coalition for Assistive and Rehab Technology (NCART) to lead its search for a new executive director. The position is remote and may be based anywhere in the United States, with proximity to the Washington, D.C. area considered a plus. NCART stands at a pivotal moment, with active,
Calibre One Assists Cibus with CEO Search
Calibre One has helped to recruit board member Craig Wichner as the new CEO for NASDAQ-traded Cibus, Inc. in San Diego, CA. Peter Beetham, who has served as the company’s interim CEO, will continue his role as the company’s president and chief operating officer. Concurrently, both Mr. Wichner and Dr. Beetham resigned from the Cibus board of directors as part
Leveraging Succession Planning to Drive Organizational Growth
As industries face unprecedented levels of disruption and innovation, organizations with deliberate and forward-thinking succession strategies are best positioned to secure long-term growth. At N2Growth, they have observed that companies treating succession planning as a core business strategy protect their operational continuity and build resilience. This article explores the multifaceted value of succession planning and
Summit Search Solutions in Hunt for Diversity & Inclusion Chief for Southern Oregon University
Executive recruitment firm Summit Search Solutions has been enlisted to find a chief diversity and inclusivity officer for Southern Oregon University in Ashland, OR. Senior consultants Stephanie Fowler and Sona Andrews are leading the assignment for the firm. The CDIO is charged with leading the development and implementation of diversity, equity and inclusion (EDI) initiatives
StevenDouglas Opens Office in San Diego
Executive search firm StevenDouglas is continuing its recent expansion with opening an office in San Diego, CA. It will be the eighth office opened in less than two years. The firm has named Bradley Swisher to join the new office as managing director of technology search. A big part of the firm’s recent growth is attributed
Noto Group Expands Senior Search Staff
Competition among consumer companies has never been fiercer. Customers are shopping in new and sometimes non-traditional ways as mass-market retailers offer designer goods, brick and mortar staples are available on-line and venerable brands spin off agile brand extensions. Consumer companies are also keen to capitalize on the potential of emerging and high-growth markets. All this makes it
Here’s How Data is Really Impacting Talent Acquisition
The recent influx of technological advances has buried businesses across nearly every industry. The use of data and technology is pressingly relevant to the success of modern business with terms like machine learning, automation and robots being used on a more regular basis. Commercial giants like Blockbuster, Borders, and Toys “R” Us have all fallen
Coulter Partners Opens in Paris, Expands Staff
Life sciences-focused executive search firm Coulter Partners has continued its recent growth with the opening of new office in Paris and 14 new appointments worldwide. All of this follows an extremely successful year which saw the firm’s revenues increase by 31 percent, making Coulter one of the fastest growing search firms this past year. “Another remarkable
DHR International Places Top Leaders for Three Arts and Cultural Groups
Executive recruitment firm DHR International has recently placed top leaders at three major arts and cultural institutions: Onassis Foundation USA, the Tennessee Performing Arts Center and the Sag Harbor Cinema Arts Center. James Abruzzo, managing partner of the firm’s global non-profit practice, led the assignments. Vallejo Gantner was appointed executive and artistic director of Onassis Foundation
D. Hilton Associates Recruits Chief People Officer for Achieva Credit Union
The chief people officer position is still a relatively new title within the HR function. It first appeared about a decade ago. But now, as companies look to build internal brand awareness and set their sights more on establishing and driving their own unique cultures, CPOs are coming more into vogue. Recently, Fairfax, VA, retained executive
Hibob Receives $20 Million in Funding
Tel Aviv-based HR tech platform Hibob has secured $20 million in funding from existing investors Bessemer Venture Partners, Battery Ventures, Eight Roads, Arbor Ventures and Presidio Ventures. Supporting the company’s mission to transform HR to reflect the changing nature of the workplace and workforce, the expanded investments will drive the next phase of Hibob’s growth,
4 Tips for Creating Candidate Experiences That Improve the Bottom Line
In a way, business is like sports — organizations with the best talent nearly always win. The challenge is finding the superstars and convincing them to join your team. To effectively recruit for the C-suite, it takes creativity, dedication and a firm commitment to quality. Unfortunately, most companies approach hiring the way they have for
Ventura Partners Places Head Women’s Basketball Coach at Penn State
Universities have been turning to search firms in droves to fill their top coaching vacancies. Executive recruitment firm Ventura Partners has tackled the latest search, recruiting Carolyn Kieger as the sixth head coach of the women’s basketball program at Penn State University. After 12 seasons, the program elected to move on from coach Coquese Washington. Partner Chad Chatlos led
Moran Company Seeks Executive Director for Missouri Housing Authority
The Moran Company, an executive recruitment firm based in Leawood, KS, has been enlisted to find the next executive director for Lee’s Summit Housing Authority in Missouri. Recruiter Bruce Scott is leading the assignment for the search firm. The housing authority wants an executive director to lead all aspects of the organization, including administration of
Global Accounting Network Opens First U.S. Office
U.K.-headquartered executive search firm Global Accounting Network (GAN) has opened its first U.S. office in Atlanta. The recruiting firm chose Atlanta in large part because of its booming fintech market, as well as its third-highest concentration of Inc. 5000 fast-growing privately owned businesses. “Bringing our expertise to the United States and establishing a stateside home
PRAXI Alliance Adds New Member Firm in Turkey
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet 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 PRAXI Alliance Worldwide Executive Search recently added Duman Management Consultancy in
Women in Canada Remain Held Back from C-Suite Roles
In many respects the past few years have represented a tipping point for women – and the men who support them. The abrupt fall of high-profile individuals from the worlds of business, entertainment, politics and media, coupled with the rise of broad-based movements like #MeToo and #TimesUp, seems to signal a profound shift in societal
Korn Ferry Places Head Basketball Coach at Vanderbilt
Just a few months after recruiting Vanderbilt University’s athletic director, Korn Ferry has placed NBA legend Jerry Stackhouse as the school’s new men’s head basketball coach. Bryce Drew, whose teams had a record of 40-59 over his three years as coach, was let go last month. The hiring comes after an extensive national search. “The future
Russell Reynolds Associates Seeks President for Whitehead Institute
The non-profit Whitehead Institute for Biomedical Research has tapped Russell Reynolds Associates to find its next president and director. The recruitment firm will conduct an international search. David C. Page, who has led the Massachusetts Institute of Technology-affiliated organization since 2004, completes his term in the summer of 2020. “David’s tenure as director has been
Saxton Bampfylde Recruits Director for the London Academy of Music & Dramatic Art
U.K.-based executive recruiter Saxton Bampfylde has placed Sarah Frankcom as the new director of the London Academy of Music & Dramatic Art (LAMDA). She will officially take up the role in November. “This is going to be a very exciting next chapter for LAMDA and hugely exciting for the incredibly talented students who will now have the
H. Leiner & Co. Corporate & Non-Profit Solutions Launches Executive Search Division
H. Leiner & Co. Corporate & Non-Profit Solutions has launched of a new division that will focus on executive search and professional placement for the non-profit sector. “There is a significant need for this service and the decision to expand into this niche market is in response to the sheer demand,” said the company. H.
Competing in the War for Talent
With the arrival of spring, 2019 is looking to be another strong year for the executive search industry. A recently released report by Bullhorn found that 79 percent of recruiting firms expect revenues to increase this year. To succeed going forward, recruiting firms must be innovative to compete in the war for skilled talent. Stuart
Search Firms Partner to Find Next Southern Conference Commissioner
Executive search firms College Sports Solutions (CSS) and Buffkin / Baker are working together to find the next commissioner for the college athletic Southern Conference. Atlanta-based College Sports, which will manage the search, was chosen for its expertise in finding athletics leaders, while Buffkin/ Baker, based in Brentwood, TN, offered prowess in tapping top academic
Spencer Stuart Recruits CEO for the American Resort Development Association
After suffering a massive hit during the Great Recession, employment and hiring within the travel, hotel and hospitality industry continues to rebound. Last year, according to one set of survey metrics, the industry added more than 527,000 jobs (2.6 million since 2004). That number is likely to increase this year as global tourism and traveling in
Caldwell Posts Revenue Increase
Toronto-based executive search firm Caldwell has posted second quarter revenues of $15.3 million (all dollar figures in Canadian), a two percent increase from a year ago when the firm recorded revenues of $14.9 million. “The developing headwinds we experienced at the end of our first quarter continued into the beginning of our second quarter, as economic uncertainty and equity
NGS Global Opens Office in London
Executive search firm NGS Global continues to grow, recently opening an office in London. Steve Lavelle has been named as managing partner to head the office. Mr. Lavelle is an experienced European executive search professional with more than 25 years recruiting executive leaders predominantly in the technology sector. “We are absolutely delighted to be able to recruit Steve
Unemployment Rate Remains Unchanged as Employers Add 196,000 Jobs
Employers added 196,000 jobs last month as the U.S. unemployment rate remained unchanged at 3.8 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. Wall Street analysts had expected an increase of between 150,000 and 200,000. The March gain is the 102nd consecutive month of job growth. The number of unemployed people
Turnkey Search Lands Head Basketball Coach for University of Nebraska
Turnkey Search, a subsidiary of Turnkey Sports & Entertainment, has placed Fred Hoiberg as the new head coach for the men’s basketball program at the University of Nebraska. He replaces Tim Miles, who was let go after leading the Cornhuskers to a 19-17 record this past season. The appointment of Mr. Hoiberg follows a comprehensive national
Shelli Herman and Associates Tapped by San Diego Zoo Foundation to Find President
Los Angeles-based Shelli Herman and Associates has been retained by the Foundation of San Diego Zoo Global to find its next president. Shelli Herman, president of the recruitment firm, is leading the assignment along with her associate, Krista Haley. The foundation wants a strategic, collaborative and experienced fundraising professional to serve in the role of president, Foundation
Koya Leadership Partners Adds Mission-Driven Recruiting Specialist
Non-profit search specialist Koya Leadership Partners has expanded with the addition of Kara Teising as a vice president. Based in Nashville, TN, Ms. Teising’s role will be to match mission-driven clients with transformational leaders who are driving positive change. “Teising’s extensive experience in the mission-driven executive search space – combined with her passion and commitment to providing exceptional service – makes
IIC Partners Names Five New Leaders to Practice Groups
IIC Partners Executive Search Worldwide has announced the appointment of five new leaders to its practice groups. “Each of these leaders and deputy leaders strengthens our global offerings by contributing their industry expertise to our practice groups,” said Renee Arrington, board director for IIC Partners, who serves as the board liaison for practice groups. “Their thought
Pressure Mounts for Recruiters to Source Inclusive Leaders
For shareholders, the cost of bad leadership behavior is mounting. A growing number of CEOs and other high-profile leaders have been ousted for allegations of sexual harassment, discriminatory language and other offenses that might have once been swept under the rug. The costs to their organizations are often staggering. “Recent CEO indiscretions at public companies
DHR International Recruits CHRO for PGi
Executive recruiters are in hot pursuit of chief human resource officers and other senior-level HR leaders across the nation. Recently, Chicago-based search firm DHR International placed talent management veteran Francoise Caraguel as chief human resources officer of PGi, the world’s largest dedicated provider of collaboration solutions. The search was led by managing partners Christopher Knipp and Ed Flowers. Ms.
Howard Fischer Associates Recruits Chief Marketing Officer for Gigamon
Philadelphia-headquartered executive search firm Howard Fischer Associates recently recruited Karl Van den Bergh as the chief marketing officer of Gigamon Inc. in Santa Clara, CA. “Karl has a strong track record of leading companies in dynamic markets, so we are excited to have him on board at this critical juncture in our industry,” said Shane Buckley, president
