DAILY NEWSWIRE - TOP STORIES
Finding top revenue producers is the main challenge facing executive recruitment firms today, says Ken Vancini, founder and CEO of Innova International and a consultant to the search sector. To land them, search firms must understand the marketplace as well as the needs of partners and revenue producers coming in. Discipline is also essential. Mr. Vancini sat down with Hunt Scanlon Media to address these issues, and much more.
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.
It’s an all-out war for talent these days, according to recruiters and talent leaders, and that’s making demand for executive search firms stronger than ever.
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020.
The sports industry is thriving. With an estimated size of $539.7 billion in the U.S. alone, sports business jobs surrounding college athletic departments, professional sports leagues or other athletic franchises are in demand. Recently, Solon, OH-based Direct Recruiters Inc. (DRI) appointed Brett Wallace as director of its sports and entertainment practice. Mr. Wallace brings to Direct Recruiters 10
Alexander Mann Solutions, a London-based talent acquisition and management services firm, is continuing its expansion, acquiring an HR technology company, Karen HR Inc., and bringing new talent to its North American leadership team. The acquisition of Karen HR is a strategic move which will accelerate the launch of new digital products, said Alexander Mann Solutions.
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Executive search firm EFL Associates has been enlisted to find the next president for Missouri Southern State University (MSSU). Alan Marble, who has been the university’s president since 2014, announced in August that he would be retiring effective June 30. EFL Associates was one of two finalists out of six search firms which sought the assignment.
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 recruitment firm Bridge Partners has opened a new office in Chicago and named Ryan Whitacre as a partner. Mr. Whitacre is a strategic advisor and talent spotter to hiring managers, boards of directors and search committees for leadership roles including board, C-suite and function heads across sector and industry. He is dedicated to identifying and recruiting
The value of combining Big Data with statistical predictive modeling has been highly touted in recent years. The idea is to apply advanced computing capabilities to talent-related data to better predict employee behavior. “This people analytics approach has been adopted with the aim of simultaneously doing a better job of improving performance, acquiring top talent
Executive recruitment firm Development Guild DDI, which focuses on the non-profit sector, has named Victoria Jones as president and Deborah Brown as chief operating officer. “I’m delighted to share that Victoria Jones is our new president,” said CEO Suzanne Weber. “Victoria’s new role along with the promotion of Deb Brown to COO will drive our continuous
With the integration of technology into all facets of everyday life, the life sciences and healthcare industry is hardly alone in facing technology-related issues. These take on increased importance when they impact health, disease diagnosis, treatment and, ultimately, human longevity. Having the right leaders in place to sort through these complex challenges, say recruiters serving
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. Overseas, fold in Brexit and you have an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and
Singapore-based Hofer Tan & Partner has expanded its global operations with the addition of a new office in Hong Kong to serve key Asian markets and meet rising client demand. The Hong Kong office will work closely with the existing headquarters in Singapore to offer region-wide service in all areas of executive search, board and
In an increasingly complex and stressful world with blurred lines between personal and work lives, workers at all levels need total well-being in all aspects of their lives. Expectations at work and home are no longer distinct or neatly separate – they are becoming one and the same. Savvy companies know that workers who are well
Executive recruiting firm Crist|Kolder has been selected by HanesBrands in Winston-Salem, NC, to lead a comprehensive search for a new chief financial officer. Barry Hytinen left the company in November and current chief accounting officer and controller M. Scott Lewis is serving as interim CFO while the search is underway. In its CFO search, HanesBrands is considering
Universities continue to turn to executive search firms to find new athletic directors. Western Carolina University (WSU) has enlisted Todd Turner of Collegiate Sports Associates to lead its search for a new director of intercollegiate athletics. The school decided not to renew the contract of former AD Randy Eaton. WSU is hoping to have a new leader of Catamount athletics
Toronto-headquartered Optimum Talent has expanded with the additions of Mark Shayna as vice president and market leader of executive search in Manitoba and Debbi Ragogna as vice president of executive search in Toronto. Mr. Shayna has had a 30-year career in sales and recruitment. After 12 years working with Xerox Corp., Baxter Corp. and Pharmacia, he made
Dubai-headquartered executive search firm Pedersen & Partners named Alvaro Arias Echeverria as global head of the firm’s private equity practice group. Mr. Arias Echeverria has been in charge of Iberia and Latin America at Pedersen & Partners for almost a decade and has co-headed the global private equity practice for over two years. With more than 15
After vetting several national search firms, American University in Bulgaria (AUBG) has retained the services of Boston-based recruitment firm Lindauer to find its next president. Past president Steven Sullivan announced that he will be returning to his full-time teaching position at the school. Recruiters Jill Lasman and senior consultant Gretchen Dwyer are leading the search for his replacement. David
London-based executive search firm Wilton & Bain has recruited Peter Rampling as chief commercial officer and Dale Kirkwood as chief technology officer of Community Fibre, a gigabit broadband U.K. internet service provider with a vision to deliver full fiber coverage to 500,000 homes in London. Jay Siddiki and Daniel Harrison, both principals within the global telecoms, media and technology functions at Wilton & Bain, led
Solomon Page has expanded with the addition of Luigi Frezza as managing director and global practice lead for life sciences. Reporting to president and global practice leader Marc Gouran, he will be based in the firm’s London office and drive the growth of the life sciences team globally by partnering with companies in the pharmaceutical, biotech,
Executive recruitment firm Russell Reynolds Associates has added Zack Deming as a consultant in the firm’s industrial practice and Americas practice leader for transportation and logistics. Based in Atlanta, he will be expected to work closely with transportation, logistics, airports and aviation-related companies, as well as private equity and infrastructure funds that invest in this space, to advise them
Brentwood, TN-headquartered recruiting firm Vaco continues to expand, recently opening a new office in West Palm Beach, FL and adding two key leaders: Matt Walter becomes co-managing partner of the technology practice and Albert Llodra joins the firm as managing director. South Florida is a key growth market for Vaco, serving more than 7,000 clients and some
The old paradigms of the global economy have experienced a tectonic shift over the past few years, and perhaps the most significant of them is this point of view: Emerging economies grow at high rates and developed economies grow more slowly or are in decline. “This dictum has been turned on its head recently – nowhere
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits are handling multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Just recently, both Ohio State and Emory University chose Isaacson, Miller to lead their respective president searches as
The Christopher Group (TCG) has placed Jennifer Lentine as the new head of total rewards at Nu Skin Enterprises. The search was completed in just 45 days by recruiters Nathaniel Schiffer, Kristen Pace and Amy Bott. “I am thrilled to have once again partnered with The Christopher Group to find extraordinary talent to join my team,” said Jeff Bettinger, CHRO at Nu Skin.
Charlotte, NC-based executive search firm HARTZ Search has appointed Carol Maxwell as managing director and leader of its Dallas office. The firm said that it expects her to be an invaluable asset. “We are excited to announce the addition of Carol Maxwell to our leadership team at HARTZ Search,” said Mike Hartz, president and CEO
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
William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted in the placement of Jonathan Holloway as the first black president of Rutgers University. He was selected from a pool of more than 300 applicants. R. William Funk, president of the Dallas-based recruitment firm, led the search. Robert L. Barchi
Chicago-based Hanold Associates has expanded with the addition of Joe Costello as a partner. He specializes in recruiting executive level HR leaders across industries. His core focus is on technology, private equity and medical devices with a broader focus in the healthcare industry. “While we specialize in HR across industries, we are looking to continue adding depth
Dale E. Jones and Andrew Wheeler of Diversified Search have placed Honest Company CFO Muhammad Shahzad and former Kids2 CFO Lorna Street as members of the board of trustees for the March of Dimes Foundation, a non-profit fighting for the health of mothers and babies. In their roles as trustees, they will share their unique skills and knowledge to address the country’s urgent
Executive search firm Fisher Leadership has placed the new chief executive officer for Merri Health, one of the largest community health providers in the state of Victoria, in southeast Australia. Tassia Michaleas, who had been general manager, family and community, with Merri Health, is charged with driving future growth in metropolitan and regional areas, said Melbourne-based
With 2018 drawing to a close, we looked back through our archives over what was by all accounts a remarkable year for first-rate search assignments. Hunt Scanlon Media tracked hundreds of them. From CEO placements to those covering the bandwidth of the C-suite, our editorial team gleaned the best from every industry sector and functional discipline to
DavenportMajor Executive Search has been selected by Abbott to lead its search for a new global head of commercial development. DavenportMajor is an executive search firm which specializes in senior executive and board of director recruitment for life sciences and technology clients as well as recruitment in the emerging growth areas of wireless life sciences,
Vista Equity Partners has acquired Bullhorn, a global provider of on-demand front office staffing and recruitment software. Financial terms of the deal were not disclosed. Vista Equity Partners is a private equity firm with over $6.6 billion in committed capital. Bullhorn will operate as a stand-alone company, with its management team focusing on guiding the
Brentwood, TN-based The Human Capital Group, Inc. has acquired The Human Capital Initiative, LLC (HCI), an Atlanta-based human resources and leadership consulting firm. Steve Hayes, founder and senior partner of The Human Capital Group, discovered not only a similarity in names between the two companies but a common foundation and commitment to identifying and developing
Morgan Samuels Company, an L.A.-based executive recruiter, has added Marilyn Draper as a partner. Ms. Draper will focus on organizational planning and analysis, executive search, and performance coaching. “Marilyn is an exceptional, experienced consultant and business leader who shares Morgan Samuels’ passion for and commitment to unprecedented client service,” said Janice DiPietro, president of Morgan
Executive search firm Martin Partners has placed Brian Milligan as chief financial officer at KemperSports, a golf resort management company. Prior to joining KemperSports, Mr. Milligan was CFO at Business Only Broadband, LLC. Chicago-headquartered Martin Partners provides executive search services to a wide array of industries.
IRC Global Executive Search Partners (IRC) has added Austria-based Kaufmann-Linke HR Solutions as its newest member firm. The firms’ practice focus comprises four separate, yet interlinked areas: executive search, HR and management consulting; executive assessments; and executive coaching (leadership, and change). “Collective brain power and ideas will define IRC’s future growth and development,” said Sylvia
U.K.-headquartered recruitment consultancy VMA Group has named Steve White as head of the firm's human resources practice in London. He will work alongside Emma Flaherty, head of human resources, North and their respective teams, focusing on senior level permanent and interim HR assignments. Mr. White has over 10 years’ HR recruitment experience working with firms
Executive Quest International, LLC has placed Edward Baker-Greene as head of HR, retirement services, at ING US. Mr. Baker-Greene was formerly with Fidelity Investments, holding senior executive positions there, including SVP/managing director, relationship management, east region/workplace investing, and VP, head of human resources/workplace investing. “Edward’s leadership and understanding of the financial industry will be a
John Koob has joined Mercer's Human Capital consulting business in its central market. In this new role as partner, Mr. Koob will have responsibility for building relationships with Mercer's clients and prospects, with a primary focus on clients within the energy industry. He will be based in Houston, TX. Mr. Koob brings more than 20
Executive search firm SpenglerFox has appointed Michael Reckers as global head of its interim recruiting practice in Frankfurt. Prior to joining SpenglerFox, Mr. Reckers was CEO of an internationally association specializing in the field of executive interim management. “We are uber-excited to have Michael join and lead the roll-out of our global interim executive practice.
Riviera Partners, a provider recruiting services for the San Francisco Bay Area, Silicon Valley, Los Angeles and New York, has added Tania Binder as general manager of the firm's contingency search practice. Ms. Binder will lead a team of more than 30 technical recruiters to effectively match clients' unique requirements with top-notch engineering candidates. “Tania's
BCA, Executive Recruiters has placed Kathryn Kessel as head of global compensation, benefits and HRIS at Integra LifeSciences. Prior to joining Integra LifeSciences, Ms. Kessel held numerous senior executive compensation positions for Pfizer, Standard & Poors, Siemens Corp, and PricewaterhouseCoopers. BCA’s COO and SVP Recruitment, Joe Gonzalez, led the search. Integra LifeSciences, a world leader
Korn/Ferry International/(NYSE:KFY) posted revenues of $198.1 million for the fourth quarter, a negligible increase from revenues of $197.1 million a year ago. Net earnings dropped to $12 million, or 28 cents per share for the quarter, compared to net income of $20.4 million, or 43 cents per share last year. Futurestep, the firm’s online recruiting
Accounting and finance professional recruitment services firm Walker Andersen has launched its specialist recruitment brand in Brisbane with the appointments of senior executives Wayne Clark and Simon Cauchois. Mr. Clark, who becomes state manager/director, has more than 10 years experience in the industry most recently serving as HJB in Brisbane. He will focus on placing
Executive search firm The Caldwell Partners International Inc. has placed Jonathan Grimes as chief executive officer of Optimal IMX. Mr. Grimes was formerly senior vice president of mergers & acquisitions and president of Emergency & Hospital Medicine, TeamHealth. Optimal is a national market leader in providing full-service professional radiology services. Caldwell Partners, founded in 1970,
Bullhorn, a global provider of on demand front office staffing and recruitment software, has opened new operations in Manchester. Bullhorn’s regional manager Chris Hague will be running the new office. The news coincides with oil and gas specialist NES Global Talent going ‘live’ with Bullhorn as the company moves over 250 recruiters worldwide to Bullhorn’s
Executive search firm Spencer Stuart has assisted CoreLogic in its search for new director candidates with the nomination of Douglas C. Curling, John C. Dorman and Jaynie Miller Studenmund to its board of directors. Mr. Curling currently serves as a principal and managing director of New Kent Capital LLC. Mr. Dorman is chairman of the
Monster has introduced SeeMore, a cloud-based semantic search and analytics platform. Built on Monster’s 6Sense semantic search technology, SeeMore allows companies to search all of their talent pools in one place and to quickly identify and rank the best potential candidates by literally reading the resumes with a recruiter- like understanding of skills and qualifications.
Hiring activity is expected to slow in two-thirds of the countries surveyed in the latest Manpower Employment Outlook Report released by ManpowerGroup. The study reveals few clear signs of notable traction in the labor market, and employers are evidently adopting an intermittent hiring approach in response to economic uncertainty both at home and abroad. Bucking
Executive search firm Witt/Kieffer has added Monica Burton as a new consultant in its New York office. Ms. Burton brings 15 years of executive search experience to the firm with expertise in human resources, financial officers and general management across diverse industries including healthcare, not-for-profit and insurance. She has led searches for chief human resources
Executive search firm Pedersen & Partners has appointed Janet Chen as country head for China. She brings expertise of the Chinese market and will be a key influence in the firm’s development plans in Greater China. Ms. Chen has worked for over 17 years in executive search, talent acquisition and career consulting in Greater China,
Search firm Lucas Group has named Charles Herman as its new managing partner for the firm's Chicago information technology practice group. Mr. Herman, who joined the firm in July 2010, focuses on recruiting mid to executive level professionals in IT management and operations, custom and packaged applications, and systems infrastructure. “Charles understands his clients' needs
Kronos Incorporated has unveiled a new suite of cloud-based workforce management solutions aimed at small and midsize businesses (SMBs). The new Kronos Workforce Ready suite enables SMBs to stay competitive by providing single-source access to real-time employee data. The suite provides the flexibility to mix and match products to meet the needs of any organization.
New York-based Work&Partners LLC has placed William S. Bosak as vice president, business process and change management for The Reader’s Digest Association (RDA). Alan J. Work of Work&Partners led the search. Mr. Bosak was formerly with Wendon Company, Inc. serving as interim COO and special advisor to the board. Reader’s Digest is a global media
Executive search firm Stanton Chase International has announced a new office in Boston with the addition of Boston Advisory Group as its latest global ownership partner. The Boston office will be headed by Tom Barao and Chris Arnold, who both have significant experience in the financial services and investment sector. “This expansion brings our services
willbeHired has launched its next-generation recruitment platform, which uses collaboration, rich media, and predictive analytics to improve the efficiency and effectiveness of the hiring process. The willbeHired platform extracts data about each applicant to provide a 360-degree model of each profile that includes experience, cultural preferences and behavioral attributes. The platform then uses proprietary algorithms
Executive search firm Charleston Partners has placed Mitchell Wert as director, U.S. HR service delivery at BP. The search was managed by Charleston Partners, founding principal, Fran Luisi. Mr Wert was previously delivery dervice executive with IBM and has held progressive leadership positions with Hewitt Associates, Deliotte & Touche, Arthur Anderson, and Crescent Petroleum Corporation.
Russell S. Reynolds Jr. has just released Heads: Business Lessons from an Executive Search Pioneer, which offers a unique view of the evolution and behind-the-scenes dynamics of the executive search profession. In 1969, when Mr. Reynolds launched his own executive search firm, the “headhunting” field was viewed as a somewhat misunderstood business that didn’t attract
Executive search firm SpenglerFox has named Zbigniew Elszt as a non-executive consultant based in Warsaw. Mr. Elszt, who will support SpenglerFox as an advisor to the firm's consumer practice in the CEE region, has 23 years working in multinational businesses previously serving as national human resources director at Coca-Cola HBC. Prior to that, he was
Executive search firm The Onstott Group has added Rick Faubert as a principal. Mr. Faubert specializes in the information security, software and services, communications and digital media/internet industries. Previously, he served as chief administrative officer at America’s Growth Capital. Founded in 1987, The Onstott Group focuses on executive search assignments for software, semiconductor, telecommunications, manufacturing,
SuccessFactors, a provider of on-demand employee performance and talent management solutions, has announced new social collaboration and mobile features along with an enhanced user interface in its Business Execution (BizX) Suite. The company is incorporating these capabilities within each solution area of its BizX Suite by combining formal talent management with new social and informal