DAILY NEWSWIRE - TOP STORIES
In these unprecedented times, people are stressed, confused, worried, perplexed and in various stages of emotional overload while the daily influx of troubling news continues.
The COVID-19 outbreak is making its way through the business world and costing organizations billions of dollars in lost revenue.
Americans displaced by the coronavirus crisis filed unemployment claims in historic numbers, with the Labor Department reporting Thursday a surge to 3.28 million.
Executive search firms have been stepping up their efforts to assist companies across the nation to find top talent leaders, including chief people officers. The latest: WittKieffer has been retained by the Dana-Farber Cancer Institute to lead its search for a new chief people officer. Kim Smith, Tom Quinn and Kerry Quealy are leading the assignment. “This is
Universities continue to turn to executive search firms to find new athletic directors, coaches and senior level front office staff. The latest: Atlanta-based Parker Executive Search recently placed Eliah Drinkwitz as the head football coach at the University of Missouri. Mr. Drinkwitz is coming off an impressive 2019 season at Appalachian State, where he led the
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Employment surprisingly rose by 4.8 million in June as the U.S. unemployment rate fell to 11.1 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. These improvements in the labor market reflect a limited resumption of economic activity that had been curtailed in March, April and May due to the coronavirus (COVID-19) pandemic and
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?
Following a nationwide search, C. Wayne Alderman and Alan Medders of Anniston, AL-based Higher Education Leadership Search have completed the search for the new dean of the college of business for Arkansas Tech University (ATU). K. Russell Jones will start in his new role with the university on Monday. “Dr. Jones is an experienced academician and administrator who is
Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of Mitch Ornstein as managing director. Mr. Ornstein, who will work from the firm’s Chicago office, brings more than 15 years of executive search experience in placing senior leaders across all functions to his new role. He will serve as 20/20 Foresight’s functional expert in the CFO
In January 2020, women constituted more than 50 percent of the American workforce. Six months and 15 million jobs later, this may not be the case, according to a new report by Odgers Berndtson and co-authored by Catherine Bass Black and Lisa DeConto. “It’s been widely recognized that women in the United States are being disproportionately affected
Irvine, CA-based search firm McDermott + Bull has placed former American Montessori Society executive Timothy Purnell as the new CEO for NEXT for AUTISM. Chris Bull, managing partner and co-founder of the search firm, led the assignment. Mr. Purnell has a proven track record as an innovative leader, strategic planner and inspiring educator. He transitioned
Digital-focused executive search firm Hightech Partners (HTP) has expanded with the addition of Jean-Christophe Legrand, a senior executive in technology and digital, to help develop the firm’s international business. His appointment strengthens HTP’s strategy as a global leader in the field of digital executive-level recruitment, but also as advisor to clients on the talent aspects of digital
Turnkey Search, a subsidiary of Turnkey Sports & Entertainment, has assisted the Detroit Pistons in the recruitment of former Roc Nation executive Mike Zavodsky as its new chief business officer. The role is a new position for the professional basketball organization. Mr. Zavodsky begins work with the NBA team on Wednesday. He will report to Pistons vice chair Arn Tellem.
Top experts in talent management and leadership recruitment agree that filling an interim leadership position can be a significant opportunity for an organization. Focus Search Partners, the executive search division of talent solutions provider Vaco, recently launched an interim executive services practice to leverage the firm’s 20-year history. The firm tapped C-suite talent veteran Monica Foster to lead the
IRC Global Executive Search Partners has strengthened its global presence adding VIPJOBS LLC as a new member firm in Russia. The organization says that Russia is a market with significant talent and strong demand for leadership capabilities. “With IRC Russia, our worldwide executive search firm alliance has secured a strong foothold to support our international clients,”
Leaders may automatically default to the bottom line and focus on the financial damage that COVID-19 is causing—and for good reason. But many employees place greater emphasis and importance on the support they are receiving from leadership, according to a new report from Robinson Resource Group. “People need to know that even though their leader is
The Christopher Group has placed Michelle Jones as the new chief human resources officer (CHRO) at the American Society of Health-System Pharmacists. The search was completed by founder and CEO Tom Christopher, recruiting director Jeff Wilbanks and senior operations manager Matthew Duda. “Partnering with TCG and Jeff specifically was absolutely fantastic,” said Ms. Jones. “COVID-19 hit during the process and
Chicago-based search firm DHR International has expanded with the addition of Rob Tillman as managing partner of its global financial officer practice. He will also serve as a key leader in the firm’s private equity and advanced technology practices and will work closely with DHR’s advisory services team, Elevate Partners. Mr. Tillman has served with three of
San Diego, CA-headquartered executive search firm Bespoke Partners has assisted in the placement of Linda Buan as chief technology officer of Clearlake Capital Group-backed Provation. Ms. Buan had been serving as the company’s vice president, product development and operations. “Innovation, quality and service have long been defining characteristics of Provation’s software solutions, and our chief technology officer
As the healthcare sector continues to expand and reshape itself, vanguard organizations in the field are looking to bolster their leadership ranks. In demand: multi-skilled executives, physician leaders and nurses who can effect change on many levels. Of the four major C-suite roles in the typical hospital, the chief nursing officer has traditionally been the most
Executive recruitment firm Russell Reynolds Associates has hired Amy Scissons as its new chief marketing and communications officer. She is based in New York and also serves as a member of the firm’s operating committee. “We are delighted to have Amy join our senior leadership team,” said Clarke Murphy, CEO of Russell Reynolds Associates. “Her
As businesses reopen and COVID-19 cases spike in more than half the U.S., the Labor Department reported this morning that 1.48 million more Americans filed new claims for state unemployment benefits last week, the 14th week in a row that the figure has topped one million. Economists surveyed by Dow Jones had been expecting 1.35 million
JM Search, a senior-level talent provider serving private equity investors, portfolio companies and Fortune 1000s, has formed a dedicated cybersecurity practice to assist public and private equity-backed companies in identifying and recruiting high-performance leaders. Partners Kevin Kernan and Tom Figueroa will co-lead the firm’s center of excellence for cybersecurity leadership. The search firm brings a
Rich Perkey and Jeremy Zeman of Caldwell recently assisted CrossFirst Bankshares based in Leawood, KS in the placement of Mike Maddox as its new president and chief executive officer. His successor, George F. Jones, will continue to serve on the company’s board of directors through 2021 and will serve as vice chairman. “I am excited to welcome Mike
If there was ever a moment in recent history where human capital leaders were challenged to play a strategic part in their organization’s survival and growth, that defining moment is now. In just a few short months, the once-thriving global economy has been toppled by the pandemic. Helping organizations safely return to work sites will
The National Oceanic and Atmospheric Administration (NOAA) has retained Darren DeGioia of JDG Associates to find its new chief financial officer/ chief administrative officer for its National Environmental Satellite, Data, and Information Service (NESDIS) division. NESDIS, based in Silver Spring, MD, is charged with providing secure and timely access to global environmental data and information
Boyden has added former Goodwill CEO Jim Gibbons and accomplished psychologist Christina Greathouse as senior advisors. “Jim and Christina are tremendous additions as senior advisors to Boyden’s CEO and board services practice – they will consult to our partners and clients globally,” said Craig Stevens, a Boyden board member, U.S. chairman and managing partner. “I have had the privilege of working with both
The COVID-19 pandemic has had a big impact on every business sector, executive recruiting included, costing organizations billions of dollars in lost revenue. Goldman Sachs estimates that economic growth around the world will be zero in 2020 thanks to the virus. To many, even that seems grossly underestimated. But the coronavirus is causing far more than
Providence, RI-headquartered KLR Executive Search Group has assisted Harvard University Employees Credit Union (HUECU) in the recruitment of Craig Leonard as its new president and CEO. Gene Foley, who has been with the credit union for four decades and led it for 25 years, is retiring in July. Partner Susan Pardus led the assignment for the recruitment
AMN Healthcare, a provider of healthcare total talent services to facilities, has launched a customizable, technology-enabled and clinically based service for businesses and other organizations to protect the health and safety of employees as they return to work. As businesses welcome back employees and clients amid the coronavirus outbreak, AMN Healthcare said that it requires
Since the start of the coronavirus outbreak, the operative word has been “unprecedented.” That’s true on a human tragedy level as well as for businesses. It’s no wonder that many leaders have found themselves in the same position as their employees—uncertain, confused, anxious. A new report by Korn Ferry offered the firm’s best advice for
Haddonfield, NJ-based executive recruitment firm True Search has placed the new chief executive officer of The Bouqs Company, a leading online floral retailer. Alejandro Bethlen brings over two decades of leadership and international experience in scaling global businesses for Fortune 100 companies including Amazon and Procter & Gamble to his new role. Mr. Bethlen will
Economists foresee ongoing economic expansion for at least the next 12 months and companies expect to continue hiring, according to a business conditions survey released by the National Association for Business Economics (NABE). All survey respondents said that they expect the U.S. economy, as measured by the change in inflation-adjusted gross domestic product (real GDP), to
Mansfield & Associates, Ltd., a research driven executive search firm with offices in Cleveland; Fort Myers, FL; Minneapolis, MN; Budapest, Hungary, has added Jay Sjostrom as vice president in its Minneapolis, MN office. Mr. Sjostrom previously served as an executive search consultant at LarsonAllen LLP. His practice includes a variety of functional roles, including director
Houston-based Clarey/Napier International has recruited Arelys Naranjo as global head of talent acquisition/resourcing for BG Group, a U.K.-based global energy company. Previously, Ms. Naranjo served as director of talent acquisition (Western Hemisphere) at Baker Hughes Inc. The search was led by partner Bill Clarey. Founded in 1998, Clarey/Napier International is an executive search firm specializing
CareerCast.com has launched three new niche networks to bring job seekers and employers in the energy, trucking and construction fields together in a more efficient and affordable manner. In addition to thousands of jobs, each network has a growing library of articles, videos, and other content to help job seekers find the ideal job or
Mediatum, a European-based executive search firm specializing in life sciences, has named Patrice Young as senior partner. Ms. Young brings over 20 years professional experience that has included senior-level positions in law firms and global executive search companies. As senior partner at Mediatum, her responsibilities will include contributing to business development and the expansion of
Global executive search firm Cornerstone International Group has added Human Impact Ltd. to conduct searches in Israel. The firm is owned and managed by its founders, Efrat & Eli Shapira, and provides high-end human resource solutions, addressing the needs of companies ranging from multinational corporations to small scale businesses seeking to expand or enrich their
AgriFind Executive Search has been retained by Ag Processing, Inc. (AGP) to find a new president and chief executive officer for the $4 billion agricultural cooperative. Current President and CEO, Marty Reagan, has informed the company of his plan to retire later this year. AGP is a regionally federated agricultural cooperative with the distinction of
Executive search firm Carmichael Fisher has promoted Daniel Murphy to co-practice head for the banking and financial services practice across the Middle East. Mr. Murphy will have responsibility for the development of the banking team across the MEA region. Mr. Murphy spent six years with Robert Half International prior to joining Carmichael Fisher in late
Boyden has been selected by Triathlon Australia to provide executive recruiting services for the organization’s national performance director. The global search will be led by Michael Catlow, veteran sports industry search leader and managing director of Boyden Australia in Melbourne, and Anne Stuckey, executive director of Boyden Australia in Sydney. “Having successfully conducted a CEO
BlueSteps, a career management service of the Association of Executive Search Consultants (AESC), has announced new partnerships with top business schools around the world as part of its ongoing Business School Program. New Business School partners include: Melbourne Business School (Australia), Macquarie Graduate School of Management (Australia), The University of Hong Kong (Hong Kong), Queen's
Executive search firm Witt/Kieffer has added John McLean managing director, central region, and co-leader of the life sciences practice. Most recently, Mr. McLean served as executive vice president at DHR International in Chicago, where he co-founded the executive search firm's life sciences practice. While at DHR, he also specialized in healthcare, technology, media and financial
Chicago-based executive search firm Heidrick & Struggles International has named Frank Morogiello as partner within the industrial practice. He is based in the firm's Dallas office. Mr. Morogiello will be serving industrial clients globally, focusing on key relationships within aviation and the broader business community. He comes to Heidrick & Struggles with more than 30
iMomentous, a mobile technology platform that enables companies to recruit, retain and engage their talent, has named Ed Newman as vice president of strategy. Leveraging more than two decades of HR and talent management expertise, Mr. Newman is responsible for developing innovative strategies that ensure iMomentous retains its position as the leader in mobile recruitment
Search firm Carrington & Carrington, LTD. has recruited Sabrina Ellis as the new chief human resources officer at George Washington University. Ms. Ellis joins the George Washington University from the City College of New York, CUNY, where she serves as assistant vice president of human resources and chief human resources officer. Headquartered in Chicago, with
Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $48.5 million, an increase of eight percent from $44.9 million in the comparable quarter of 2011. Recruitment activity was varied by service and geography throughout the second quarter. Dice.com's revenues increased 14 percent year-over-year, while Rigzone grew 25 percent year-over-year.
Diversified Search has named David Lundgren as a managing director in its San Francisco office. Mr. Lundgren was previously a principal at HLT Partners in Madison, Wisconsin, a company focused on the valuation and acquisition of property casualty and life insurance companies. He has also worked for CUNA Mutual Group as COO; Fireman's Fund Insurance
Riviera Partners, a provider recruiting services for the San Francisco Bay Area, Silicon Valley, Los Angeles and New York, has added Ashish Raina and Austin Brizendine as principal recruiters. Mr. Raina will help grow Riviera Partners' recently created premium service, an offering that will aid technology startups successfully establish full teams by identifying and recruiting
Executive search firm The Caldwell Partners International Inc. has placed Martyn Webster as vice president of finance and chief administrative officer of InterMune, Inc. Mr. Webster formerly served as interim chief financial officer of Liveclicker, Inc. The search was led my partner Michael Ballenger. InterMune is a biotechnology company focused on the research, development and
Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, announced second quarter of 2012 revenue of $274.1 million, an increase of 10.5 percent from $248 million in revenues a year ago. The company recorded net income of $8.9 million, or $0.24 per share, versus $4.1 million, or $0.12 per share, a year ago. David
Only 26 percent of global executives hold a positive attitude about the job market after the first six months of 2012, a 10 percent drop from January of this year, and a decrease of 38 percent compared to July 2011, according to the Association of Executive Search Consultants (AESC). The slow recovery of the global
CDI Corp./(NYSE:CDI), a provider of IT-focused recruitment solutions, posted second quarter revenues of $274.4 million, an increase of 4.4 percent from revenues of $262.7 million in the prior year quarter. The company reported net earnings of $5 million, or $0.25 per diluted share, versus net income of $12 million, or $0.62 per diluted share, last
RedPrairie Corporation, a global supply chain and retail technology provider, has acquired Toronto-based Vortex Connect, a supplier of mobile workforce management solutions. Financial terms of the deal were not disclosed. The combination of assets – RedPrairie Enterprise Workforce Management (EWFM) and the Vortex mobility platform – creates a single provider of mobile-enabled solutions that manage
Executive search firm Spencer Stuart has been selected by Claire’s Stores to lead in its search for a new president of North America. Jay Friedman, current president of Claire's Stores North America, has resigned effective immediately. Claire's Stores is one of the world's leading specialty retailers of fashionable accessories and jewelry at affordable prices for
Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $237 million for the second quarter ended June 30, 2012, compared with $270 million in the comparable quarter of 2011, a 12 percent decline. Shares of Monster plunged to their lowest point ever after the release of its Q2 numbers. Global Careers revenue of $217 million compared to
Northern Recruitment Group (NRG) has named Lorna Madden as an executive search consultant. Ms. Madden joins the executive search and selection team and will be offering interim executive recruitment solutions. Having spent the last five years working on professional IT and transformation contract roles within NRG, her move into NRG’s Executive Search and Selection team
Scotland-based independent recruitment consultancy Change Recruitment Group has added Tariq Chishti as its new divisional manager in Glasgow. Mr. Chishti has spent the last eight and a half years at recruitment firm Hays, where he was business director for their sales and marketing and retail divisions in Scotland. His new role at Change involves leading
Millennium Search, a boutique recruiting firm based in Charlotte, NC, has added Jane Gimbel as a senior executive recruiter. Ms. Gimbel has over 15 years of experience as a recruiting professional, with a background that includes technical, sales, and marketing roles. She joins the firm from Progress Software, a global software company providing enterprise data
Global retained executive search firm Allegis Partners has teamed with Montage Talent, a provider of video interviewing solutions, to enhance and expand its services for clients. Committed to providing innovative solutions, Allegis Group Services selected Montage based upon its ease-of-use and focus on the candidate experience through the hiring process. “We are excited to partner
Talent management software provider Cornerstone OnDemand Inc. has posted gross revenue for the second quarter of 2012 of $26.7 million, representing a 54 percent year-over-year increase compared to the same period in 2011. Bookings, which Cornerstone defines as gross revenue plus the change in deferred revenue for the period, were $31.5 million for the second
Chicago-based Cook Associates Executive Search has placed Rich Baich as chief information security officer at Wells Fargo & Company. The search was co-led by managing directors Kevin Parker and Harry Wilson. Mr. Baich will join Wells Fargo from Deloitte and Touche LLP, where he led the Global Cyber Threat and Vulnerability Management Practice. Wells Fargo
CTPartners Executive Search Inc./(NYSE:CTP) posted second quarter 2012 net revenue of $33.8 million, a two percent increase from $33.1 million a year ago. The firm reported growth in two sectors, consumer and financial, but clearly finding paths to sustained growth remains difficult. Tough times, indeed, are beseeching some of the nation's largest executive search firms.
Search firm Major, Lindsey & Africa has named Jeffrey A. Lowe as global practice leader of the law firm practice group, a strategic alliance of MLA's partner, associate and law firm management practice groups. “Jeffrey is uniquely qualified to serve as the global practice leader of the law firm practice group," said John Cashman, partner