DAILY NEWSWIRE - TOP STORIES
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.
Amid elevated geopolitical uncertainty, digital disruption, heightened trade frictions, shifting cultural attitudes, more polarized social divisions and a pandemic, corporate leadership teams have had to adapt to rapidly changing market conditions, business strategies, and operational structures in recent years. This has made a significant impact on the role of the CFO, according to ‘The Role
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has assisted in the recruitment of Chris Szeto as the chief product officer of Twin Health in Mountain View, CA. Sarah McDonald and Julie Wrapp led the assignment. “It has been incredible to partner with this world-class team on their mission to reverse and prevent
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.
Partners Jeff Hocking and Tindall (Sewell) Hein of ON Partners assisted in the recruitment of Raleigh McClayton as the new CEO for Brightspot, a provider of content management, workflow solutions, and services for top global brands. “Brightspot is in the right position to serve the content industry which needs our platform and services,” said David Gang, the company’s CEO and co-founder.
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?
Guerrero, a minority-owned, privately held, executive advancement company at the intersection of media, professional networks, and talent acquisition, has launched Guerrero Search, a retained executive recruitment service focused on helping companies diversify their leadership ranks. “The demand for diversity at all levels of corporate America has never been greater, yet the needle hasn’t moved much,
Talent has always been, and always will be, a driver of value creation. Talent management has been an important lever in the private equity industry for years, but it has never been more critical than today. Due to the scarcity of top-end talent in the labor market, it is crucial for private equity firms to
QED Investors, an Alexandria, VA-based venture capital firm focused on investing in financial services companies, has acquired Lingua Franca Search, a boutique retained executive and professional search firm. Financial terms of the deal were not disclosed. The search firm allows QED to support portfolio companies with senior-level hires. Led by CEO Thomas King, Lingua Franca
Spencer Stuart has been selected by meal-kit delivery services company Blue Apron Holdings to lead its search for a new chief financial officer. Randy Greben has notified the company that he has accepted a position at another company and plans to resign from his role, effective Oct. 17. Spencer Stuart recruited Mr. Greben into the
Executive recruitment firm BoardWalk Consulting has been enlisted to find the next executive director for Soccer in the Streets (SITS), an Atlanta-based non-profit that empowers underserved youth through soccer, character development, mentoring, and employability programs. Leading the assignment are John Sparrow, senior director, and Lysondra Somerville, senior research associate. “As it looks toward the future, SITS seeks
Korn Ferry has elected Charles Harringtonv as a new member to its board of directors and appointed Jerry Leamon as a new non-executive chair. Christina Gold, who has served on the firm’s board since 2014, and most recently as the non-executive chair since 2019, has retired from the board. In addition, George Shaheen retired from the
The global labor market remains strong with steady hiring expected for the remainder of 2022, according to the Q4 ManpowerGroup Employment Outlook Survey of 40,700 employers. Used internationally as a bellwether of economic and labor market trends, the net employment outlook – calculated by subtracting the percentage of employers who anticipated reductions to staffing levels from
DHR Global has been enlisted to find a chief zoological officer (CZO) for the Woodland Park Zoo in Seattle. The assignment is being led by James Abruzzo, managing partner, global non-profit practice, and Michele Baird Counter, principal. The chief zoological officer reports directly to the zoo’s president and CEO and serves many of the classical functions
Steven John & Associates Retained by Center for Independence of Individuals with Disabilities to Find New Leader
Executive search firm Steven John & Associates has been chosen by the Center for Independence of Individuals with Disabilities (CID) in San Mateo, CA to find a new executive director. Steve John and Jason Snyder are leading the assignment. The executive director acts as the CEO of the organization and is responsible for the overall management and direction of
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work on
Sanford Rose Associates – Newman Group Search has launched a new interim workforce division and named Brigid Sciaccotta as its practice leader. “The newly created interim workforce department and leadership role are the firm’s response to escalating demand for interim talent in the insurance arena,” said Peg Newman, partner. She cites economic forces such as the pandemic, “The
In the start-up world, seasoned operators have experienced product launches, growth cycles, fund-raises, and human capital challenges. They’ve achieved huge successes and endured great failures. Operators know firsthand how to build the ideal infrastructure for sustainable scaling and long-term growth, according to a new report from SPMB’s Emily Wallach. “Historically, venture capital firms brought in
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles has recruited Fei Chen as the new chief executive officer of LiqTech International, a clean technology company that manufactures and markets highly specialized filtration technologies. Ms. Chen, who will start on or before Nov. 1, will also be a member of LiqTech’s board of directors.
Non-profit specialist recruitment firm Development Guild DDI has been enlisted to find the next president of The Doe Fund (TDF), which helps homeless and formerly incarcerated men rebuild their lives. Kieran McTague, senior vice president and director, New York, is leading the assignment. The opening at the prominent New York City charity follows the death of founder
Dublin, OH-based executive recruitment firm Harris Search Associates has assisted in the recruitment of Monica G. Ferrini as dean of the College of Science and Health (COSH) at Charles R. Drew University of Medicine and Science (CDU) in Los Angeles. “I look forward to the flourishing of COSH under Dr. Ferrini’s leadership,” said Sylvia Manning, interim provost and
Private equity-backed Kingsley Gate Partners has named Saurabh Gupta as chief digital officer. Based in Boston, he will be responsible for defining the strategy and technical vision of the firm. “Saurabh has proved himself to be both a visionary and builder of cutting-edge HRIS systems to benefit clients, candidates, and firm members,” said Umesh Ramakrishnan, CEO of
Digital transformation is on a lot of people’s minds, and many chief executive officers are struggling to figure out where they fit within this. The CEO’s responsibility is to serve as the heartbeat of an organization, driving culture from the top down, owning and meeting key business objectives, and influencing internal and external stakeholders to
Talent acquisition strategies at many large companies have become as complex as their balance sheets. And while CHROs play a vital role in overseeing an organization’s broad-based workforce, the chief people officer typically goes beyond overseeing its people policies. The focus instead is on building talent as a key competitive advantage, with more emphasis on
After a national search, Oak Brook, IL-based search firm WittKieffer has placed Eloísa Gordon-Mora as the new chief diversity officer of Gettysburg College in Pennsylvania. Christine Pendleton, senior associate, and Randi Miller, associate, led the assignment. Dr. Gordon-Mora serves as a member of Gettysburg’s president’s council and is charged with advancing the school’s diversity, equity,
ZRG Partners has opened a new office in Munich and named Ralph von Pallandt as managing director to spearhead a new location. He also furthers the firm’s reach into Germany and Europe. “With his great success as a CHRO across multiple countries for General Motors and SVP for Allianz in Europe and the U.S., Ralph
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has named Lindsay Keith as the firm’s newest partner adding nearly a decade of search experience to this senior leadership team. “Lindsay is one of those unique leaders with the ability to compel and encourage her team to take risks while simultaneously fostering a
Midst Inflation Pressures and Recession Fears, Data Reveals What Skills Will Drive Growth and Mitigate Risk
Companies today are facing a business landscape that offers significant opportunities for growth and innovation fueled by drastic changes in consumer demand, rapid technological advancement, and the widespread adoption of hybrid work. Yet new concerns have emerged— from the extraordinarily tight labor market to rapidly rising inflation to geopolitical tensions that stress not only supply
You just know the executive search recruiter you connected with is going to help you land your next job! He already has three roles he thought you’d be perfect for. Now, you just need to wait anxiously for the phone call to get the ball rolling, right? But, after hours, days, or maybe weeks of
The American Society for Clinical Pharmacology and Therapeutics (ASCPT) has retained Washington, D.C.- based Vetted Solutions to lead its search for a new chief executive officer. The new CEO will replace a retiring executive and implement the organization’s strategic and annual operating plans. The individual will be expected to oversee all of ASCPT’s programs and services, including
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
According to recruiters specializing in the finance function, demand for executive level, “high impact” investing talent has been on the rise, and the quest for these top leaders is expected to soar in the aftermath of the pandemic with all the changes it has wrought on businesses of every size in every sector. But recruiters say these roles
Executive search firm JM Search has named Peter Flint to partner and one of the leaders of its technology practice. His diverse background as a venture investor, board member, recruiter, and operating executive gives him a unique perspective on executive search. Mr. Flint focuses on leading search assignments for CEOs and CXOs of SaaS and consumer Internet companies. Additionally,
ReferralMob, a new startup that helps tech companies fill job openings through crowdsourcing and monetary incentives, has launched this week. Founded by David Samuels, a former executive of Boston-based energy intelligence software firm EnerNOC, the mobile and Web app company has $500,000 in cash rewards in it’s coffers for users who help recruit employees at Massachusetts
Executive search firm Odgers Berndtson has opened a new office in Mumbai and has named Bryony Greenwell to lead the firm’s retail and consumer practice in India from the new location. Ms. Greenwell joins the firm with 13 years of search experience gained in London, Hong Kong and India. “We have seen a significant increase in senior level search
Diversified Search has placed Jorge L. Benitez as a new member of the board of directors at Fifth Third Bancorp. Dale Jones, CEO of Diversified Search, led the assignment. Mr. Benitez served clients in the chemicals, energy, retail, automotive, consumer goods and services and life sciences industries before retiring from Accenture in 2014. He has served on multiple
New Jersey-based JBK Associates International has recruited Eulas G. Boyd as dean of admissions for Brooklyn Law School. Most recently, Mr. Boyd was director of talent acquisition and workforce planning for CFA Institute, where he had responsibility for all talent acquisition, workforce planning and staffing activity. He was also formerly the director of admissions at Columbia Law School. “We are
Washington, D.C.-based executive search firm Vetted Solutions LLC has named Richard B. Green as vice president in its hospitality recruiting practice. He provides executive search and leadership development services to the association, hospitality and destination marketing industry. Mr. Green brings an extensive track record of professional and personal accomplishment earned during his decades of service as vice president, association
Korn Ferry has placed David Brandon as chairman and chief executive officer of private retailer Toys “R” Us. Mr. Brandon succeeds Antonio Urcelay, who will retire. Mr. Urcelay became CEO in 2013 following the departure of Gerald Storch. Mr. Brandon is the former chairman and CEO of Domino’s Pizza where he helped usher that company through the largest
Executive hiring prospects are increasingly optimistic with about 70 percent of employers selectively or significantly increasing executive hiring for the balance of 2015, according to the latest ‘Executive Talent Market Survey’ published by Greenwich-based Claymore Partners. Executive respondents indicated that the industries planning to hire the most in 2015 are in consulting and professional services, consumer finance
CarterBaldwin Executive Search has been selected by King University to lead its search for a new president. Dr. Richard Ray has been serving as interim president for nearly 16 months. He was named to the position after longtime president, Greg Jordan, resigned in 2014.“The trustees felt like an executive search firm would help us pick the best person
Search firm Major, Lindsey & Africa has named Kim Myers as its new head of public relations and communications. She will lead internal and external communications for MLA and its executive search affiliate, Allegis Partners. Her role will also include media relations, press engagement, pitching articles and other media opportunities, along with external positioning and messaging for each practice group. Ms.
Search firm Zweig Group has added Chris Catton to manage executive search consulting projects as well as to help expand the firm’s executive search division. Ms. Catton previously worked for Zweig Group as an executive recruiter in the 1990’s. She most recently ran her own recruiting firm, Catton Recruiting, which provided executive search services to A/E/P firms, working
The former CEO of CTPartners, Brian M. Sullivan, has sold 873,806 shares of CTPartners stock. The stock was sold earlier this week at an average price of $2.96, for a total transaction value of $2,586,466. Following the completion of the sale, Mr. Sullivan will directly own 24,097 shares of the company’s stock, valued at just $71,327. Mr. Sullivan stepped
Employers are no longer relying on a candidate’s resume alone as more than half turn to social media to check out an applicant’s credentials, according to research conducted by CareerBuilder.co.uk. Results discovered that 52 percent of employers have researched job candidates on social media, and a further 10 percent plan to begin doing so. More than 400
Montréal-based search firm Kenniff & Racine has been selected by the University of Ottawa to lead its hunt for a new president. Heading the assignment is co-founding partner Patrick Kenniff, a specialist in private and public sector recruiting, organizational management and management team building. Mr. Kenniff serves the technology and manufacturing industries, as well as academia and non-profit
Recruiting firm Hospitality Spotlight has been launched in San Diego to serve the talent and leadership needs of travel and hospitality companies. Zoe Connolly and Ellis Connolly are co-founders of the new company, both of whom are backed by 25 years of experience in a variety of recruiting and executive roles throughout the travel industry. The travel and hospitality
Egon Zehnder has recruited Jenni Mack to serve on the board of directors of Sunsuper. She is the first director since the organization’s inception that, in an historic move, is not a direct appointment of either of the organization’s shareholder bodies. Ms. Mack, who is based in Sydney, has more than two decades of board experience, including
Executive search firm Hanold Associates has recruited Dean Carter as chief human resources officer (CHRO) at outdoor apparel company Patagonia. Jason Hanold, managing partner, led the search. In his new role, Mr. Carter will provide strategic leadership and direction of Patagonia’s global human resources, finance and legal teams. He’ll report to the CEO, Rose Marcario, and be charged
Global bio-pharma leader Bristol-Myers Squibb (BMS) is on the hunt for a head of global talent acquisition. The incumbent will lead a global team of more than 30 BMS individuals and 110-plus recruitment professionals working for talent solutions providers Cielo (in the U.S.) and Alexander Mann Solutions (overseas), two designated recruitment outsource providers for BMS. According
Heidrick & Struggles has added Nancie Lataille, a consumer, legal and compliance markets expert, as a partner in its Toronto office. Ms. Lataille has extensive executive search experience and has worked in the talent management industry since 2000 focusing on executive talent strategy, recruitment, strategic development & management, and organizational effectiveness. Most recently, she was a senior client partner within the consumer &
DHR International has recruited Bill Crim as the new chief executive officer of United Way of Salt Lake (UWSL). Mr. Crim, who has been in executive positions with UWSL since 2004, was the unanimous choice of a CEO search committee that had been vetting candidates during a nine-month process. DHR EVP and North America non-profit practice group leader Mary Lee Montague
HFS Consultants (HFS), a healthcare consulting firm providing management, financial, operational, regulatory, and strategic planning services, has named Ron Some as manager in its executive search and interim management practice. He will be based in the firm’s Oakland office. Mr. Some has more than 10 years of executive recruiting experience with numerous providers including multi-state
West Coast-based technology search firm SPMB has recruited Marty Reaume as chief people officer to FitBit, the maker of wearable health trackers that has attracted users eager to document and quantify growing aspects of their health. Prior, Mrs. Reaume was CPO for nine years at NetSuite. A seasoned HR executive with over 20 years of experience in both start-up
Women’s apparel retailer Chico’s FAS has retained search firm Herbert Mines Associates to assist its succession committee in identifying a replacement for outgoing president and CEO David F. Dyer. Mr. Dyer has given one-year notice to the board that he will retire next spring after seven years running the company. To ensure an orderly transition, Mr. Dyer
Sheffield Haworth has named Andrew Blane as managing director in the firm’s U.S. asset management search practice. He will be based in New York. Mr. Blane has nearly two decades of executive search, sales management, marketing, and business development experience in both U.S. and global markets. He was previously managing partner with Warren International for seven and a half years, an executive
Oris Stuart, former leader of the inclusion and diversity practice at Korn Ferry, has taken on the role of chief diversity and inclusion officer for the National Basketball Association (NBA). Mr. Stuart will be responsible for overseeing diversity and inclusion strategies for the NBA, the WNBA, and the NBA D-League. He will be providing best practices intelligence and leadership on
Executive search firm Seeking Alpha Search International has launched to provide search and recruitment services for quantitative risk professionals. The firm is led managing director Lin Watson, a seasoned professional in banking and finance. Ms. Watson previously served as practice lead of banking & financial services for the Eastern U.S. at Johnson Search Group (JSG). “Ms. Watson has
Executive search firm Spencer Stuart has recruited Amit Jain to head up operations in India for American online car booking service Uber Technologies, as the company expands into more cities in its biggest and fastest growing market outside the U.S. Mr. Jain was president of housing classifieds service Rent.com. “India is a market of global strategic importance
Not Actively Looking, a U.K.-based global matchmaking platform designed to enable senior executives and executive search firms to make the perfect match, has officially launched. The company was founded by Joseph Blass, who previously founded Toucan Telecom, and Anthony Harling, a search consultant and former senior partner at Heidrick & Struggles. Since its launch, Not Actively Looking has secured
Pierce Casey, chairman and director of U.K.-headquartered executive recruiter Norman Broadbent, has informed the company of his intention to retire from his post at the end of June. Scanes Bently is joining as a director of the company with immediate effect as non-executive chairman elect. Mr. Bentley is a non-executive chairman, non-executive director and strategic advisor to a number of businesses
Global executive search firm Allegis Partners has named Mark Streifer as managing director in the firm’s human resources / executive search and advisory practice. He will be based in the firm’s Boston office. Mr. Streifer is an HR leader who has partnered with executive leadership teams to provide strategic perspective and operational execution of talent acquisition as well as talent
Korn Ferry has posted results of a global executive study that paints a less than glowing picture of leadership development opportunities for those in the human resources field. The survey of more than 700 executives found that nearly half of respondents (47 percent) say their organizations do not offer leadership development programs specifically for members of the