DAILY NEWSWIRE - TOP STORIES
Daily Newswire
IIC Partners Adds New Member Firm in Bucharest
IIC Partners Executive Search Worldwide has added Resolute Advisory as its newest member. Located in Bucharest, Resolute Advisory expands IIC Partners’ capabilities across Romania and Eastern Europe. “I am delighted to welcome Resolute Advisory into membership,” said Christine Hayward, executive director of IIC Partners. “Their philosophy of search as a strategic intervention, combined with their rigorous,
Hiring vs. Hustling: When It’s Time to Add to the Team
There’s a point in almost every growing company where things come to a head. Revenue is up, the pipeline is strong, and the team is stretched but still getting the job done, explained a recent report from Ascentria Search Partners. So leaders decide, “Let’s wait before making that hire.” “On paper, this seems disciplined, responsible, and
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.
U.S. M&A Accelerates as Buyers Raise the Bar
EY-Parthenon’s September Merger Monthly points to continued momentum across the U.S. M&A market. Through August, deal value for transactions above $100 million reached approximately $2.2 trillion, up roughly 48 percent year-over-year, while volume increased 23 percent. Momentum remained strong from June through August, with deal value rising 23 percent and volume advancing 22 percent from
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?
Why the Best Job Offer Is About More Than Salary
A higher salary can make a new job attractive, but compensation alone does not always tell candidates whether an offer is truly better. According to a recent report from NPAworldwide, recruiters can play an important role in helping candidates evaluate the complete package while also helping employers understand why a competitive base salary may not
Buffkin / Baker Recruits President for Valdosta State University
Partner-led executive search firm Buffkin / Baker has assisted in the recruitment of Donald J. Green president of Valdosta State University (VSU). Partner Ann Yates and associate Dinah DeWitt led the assignment. “Don Green is a leader who knows how to deliver results, and he’s proven that time and again,” USG chancellor Sonny Perdue said. “At Gordon State, he focused on
The Moran Company Recruits CEO for The Arc of New Mexico
The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has placed Tracie Fletcher as the new executive director of The Arc of New Mexico. Senior search consultant Bruce Scott led the assignment. “Tracie brings a 25-year track record of leadership in non-profit, government, and community organizations,” The Arc of New Mexico said in a
Riviera Partners Expands Public Practice
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded with the addition of Archer McFall as a partner within its public practice serving large, publicly-traded companies and late-stage, pre-IPO companies. “Getting the right CTO, CIO, or chief AI officer in place, building the team structure around AI, making sure the
Building Your IR Function: The Questions Every VC Should be Asking
As venture firms mature and fundraising becomes more institutionalized, building the right investor relations function is increasingly becoming a critical part of long-term growth. The best time to hire an investor relations leader is before you urgently need one, according to a recent report from SPMB’s Suzanne Heske and Emily Leder. “LP relationships take years to
U.S. Hiring Slows as Unemployment Rate Edges Up to 4.2 Percent
Employment increased by 29,000 in September as the U.S. unemployment rate edged up to at 4.2 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.1 million, also increased in September. Among the major worker groups, the unemployment rate for people who are Black (7.0 percent) increased in September.
Cook Silverman Search Recruits Chief Development Officer for Common Sense Media
Greenbrae, CA-based Cook Silverman Search has assisted in the recruitment of Alicia Chang as chief development officer of Common Sense Media to lead in its search for a chief development officer. Ms. Chang joins Common Sense Media after spending a decade with Lawrence Berkeley National Laboratory, where she most recently served as deputy chief development officer
DRiWaterstone Human Capital Assists WJCT Public Media with CEO Search
DRiWaterstone Human Capital has assisted in the recruitment of Karen Feagins as president and CEO of WJCT Public Media, the independent, community-owned public media organization serving Northeast Florida and Southeast Georgia. “Karen represents exactly what we were looking for as the next leader for WJCT Public Media,” said Bill Hendrich, chair of the WJCT Public Media board
Wilton & Bain Expands Interim Management Business
Global executive search and interim leadership firm Wilton & Bain has named Oliver Bentley as partner within its interim management business. He will focus on senior interim appointments across consumer markets in business transformation, technology and digital. “I am delighted to welcome Oliver to Wilton & Bain,” said James Humphreys, managing partner at Wilton & Bain.
Boards Weigh Internal vs. External CEO Candidates in Succession Planning
Choosing between an internal and external CEO candidate is rarely as simple as favoring continuity or change. For boards and executive search firms, the more important question is whether the succession process is anchored to the company’s future mandate and the leadership capabilities required to deliver it. The internal-versus-external CEO debate often starts with a
Pyramind Places New Leader for The International Institute
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Chad Leahy as the next director of The International Institute. “Chad came to Madrid on September 1 and has begun meeting with Institute staff, familiarizing himself with his new duties, and following the completion of this summer’s improvement projects in the Institute building,”
NPAG Recruits CEO for Dream.Org
Executive search firm NPAG has assisted in the recruitment of Janos Marton as the new CEO for Dream.Org in Oakland, CA. The search was being led by Phuong Quach and Sharon Gertsman. Mr. Marton joined Dream.Org as CEO after spending the past five years leading advocacy work at the organization, where he helped build coalitions and advance
Stevenson Search Partners Expands
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has expanded with the addition of Jim LoSapio to its on-demand talent solutions team as director, business development. “Jim has developed a strong understanding of the unique talent, consulting, and resource challenges facing life sciences organizations
TriSearch Expands Through Strategic Partnership
TriSearch has entered into a strategic partnership with Northwest Talent Solutions founder Nikita R. Steals, who has joined the firm as vice president, client success. The arrangement combines Northwest Talent Solutions’ workforce transformation expertise and entrepreneurial agility with TriSearch’s national recruiting platform, scalable delivery capabilities and highly customized approach to client partnership. Northwest Talent Solutions
Private Equity Takes a Harder Look at Leadership Assessment
Private equity firms examine every line of the financial model and pressure-test the commercial thesis from multiple angles. However, an assessment of the leadership team is often the least rigorous part of diligence. Deal teams will spend weeks validating a revenue forecast and only a matter of hours forming a view on the CEO expected
The Succession Crisis Extends Beyond Small Business
Succession planning has become one of the most pressing leadership issues facing boards as a growing number of senior executives move closer to retirement. For executive search firms, that is creating increased demand for earlier engagement, deeper assessment of internal talent, and more deliberate planning around critical leadership transitions. The challenge is especially acute when
Academic Career & Executive Search Recruits General Counsel for MassArt
Academic Career & Executive Search (ACES) has recruited Jeannie Barrett as general counsel at Massachusetts College of Art and Design (MassArt). Jennifer Muller, managing partner, led the assignment. Ms. Barrett brings more than 25 years of legal experience in higher education, advising institutions and senior leaders on a wide range of complex legal, operational, governance, and
Lock Search Group Fills Senior Position for Emergent BioSolutions
Toronto-headquartered executive recruitment firm Lock Search Group has assisted in the recruitment of Layton Henderson as vice president and general manager of Emergent BioSolutions’ Winnipeg manufacturing facility. “We’re grateful to celebrate a successful executive placement with our valued partner, Emergent BioSolutions,” Lock Search Group said in a LinkedIn post. “Congratulations to Layton Henderson on his appointment. We’re
Options Group Expands Dubai Office
Options Group has expanded in Dubai office with the additions of Eugenio Chiappini and Ben Prickett as vice presidents. Mr. Chiappini specializes in the private equity and family offices sectors. His addition strengthens the firm’s presence in the Middle East and supports its work with alternative investment firms and private capital clients seeking senior talent. Before
Executive Search Evolves, but Relationships and Judgment Still Matter Most
Executive search is evolving as firms face growing pressure to deliver stronger talent outcomes while providing deeper advisory value to clients and candidates. The most effective search organizations are looking beyond individual assignments to build broader networks, strengthen market intelligence, and create relationships that endure across careers and leadership transitions. That shift is placing renewed
Executive Diligence Takes on Greater Role in Senior-Level Hiring
Executive search increasingly extends beyond assessing experience, leadership style, and cultural fit. For boards and investors, understanding a senior candidate’s background, reputation, and potential risk profile has become an important part of evaluating whether that individual is equipped to lead in a high-stakes environment. That has made investigative diligence a more meaningful component of senior-level
BarkerGilmore Recruits General Counsel for Stanford University
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Timothy G. Lynch as vice president and general counsel of Stanford University. He succeeds Debra Zumwalt, who announced earlier this year that she would retire after 26 years as Stanford’s vice president and general counsel. BarkerGilmore’s Sarah Sullivan, Brittney McDonough, and
Calibre One Recruits CPO and Chief Technology and Information Officer for Production Resource Group
Calibre One has placed Jennifer Caserta as chief people officer and Joe Simon as chief technology and information officer at PRG (Production Resource Group) in New York City. “We are building PRG for a bigger future, and that means investing across every part of this business: our leadership, crews, talent development, and the equipment, technology and
TRANSEARCH International Adds New Member Firm in Singapore
TRANSEARCH International has expanded in Singapore with the addition of The Executive Collective Asia as its newest member firm. Led by managing partner Angela Roche, the addition further strengths the organization’s executive search and leadership consulting capabilities across the Asia-Pacific region. “Singapore is strategically important to TRANSEARCH not only within Asia-Pacific, but to our global business,”
Beyond the Single AI Path: You Can Have It All
Executive search firms are moving beyond early experimentation with artificial intelligence and focusing more closely on how the technology can support different roles, workflows, and levels of adoption across their organizations. Rather than forcing every user into the same model, firms are increasingly looking for flexible approaches that can improve efficiency while preserving the judgment
The New Era of Executive Search: Blending Intuition with Innovation
Executive search is at an inflection point. According to Aileen K. Alexander, CEO of DSG Global (Diversified Search Group), “The industry has long been built on trust, relationships, and intuition – and that’s not going away, but today, it must also be agile, inclusive, and increasingly driven by automation and data,” she said. “Parts of the search
Diversified Search Lands CEO for EvergreenHealth
Executive search firm Diversified Search, one of the top 10 executive search firms in the U.S., has placed Amy E. Beiter as the new CEO of Kirkland, WA-based integrated health system EvergreenHealth. She replaces Bob Malte who announced his planned retirement from the organization this spring. Zack Reynolds, a managing director in Diversified’s healthcare services practice, led the assignment.
Bullhorn Acquires Invenias
Bullhorn Inc., which provides cloud-based customer relationship management and operations solutions for the staffing industry, has acquired Invenias, a U.K. provider of cloud-based software for executive search firms. Financial terms of the deal were not disclosed. “This acquisition is great news for Invenias customers and prospects,” said Peter Linas, EVP of corporate development and international
JDG Associates Finds New President for Surety & Fidelity Association of America
Rockville, MD-based search firm JDG Associates has placed J. Lee Covington as the new president of the Surety & Fidelity Association of America (SFAA). Lynn M. Schubert, the group’s current president, announced in December that she would be retiring at the end of this year. Paul Belford, principal at the recruitment firm, led the search. “In the past 22 years,
Durakis Executive Search Lands Leader for Baltimore & Ohio Railroad Museum
Museums are among the non-profit organizations that are increasingly turning to specialist recruiters to help fill critical senior-level leadership roles. Recently, Crownsville, MD-based Durakis Executive Search placed Kris Hoellen as the new executive director of the Baltimore & Ohio Railroad Museum. She replaces Courtney Wilson, who led the museum for 20 years. “Kris brings the ideal
Torch Group Finds CEO for ZoomInfo
Following a national search, executive recruitment firm Torch Group has placed former IBM executive Derek Schoettle as the new CEO of ZoomInfo, a $100 million market leader in business-to-business contact and business information. The search was led by Greg Selker, software & technology recruiting practice lead of Torch Group. “Given ZoomInfo’s product evolution our search
Wilton & Bain Appoints Two Key Executives in U.S. Operations
London-based executive recruitment firm Wilton & Bain has added two key professionals to its operations in the U.S. Lisa Peacock-Edwards, based in New York, will lead the firm’s new global practice. Richard Wilcox, who is in Houston, joins the professional & technology services practice in North America Ms. Peacock-Edwards, a managing partner, comes to the firm
Bridge Partners Finds Chief Program Officer for Win
Executive recruitment firm Bridge Partners has placed Darlene William as chief program officer of the housing group Win, formerly Women In Need. Partner and co-founder Tory Clarke led the search along with partner Janet Albert. Win was seeking an executive with a minimum of 10 years leadership experience in a scaling/high growth non-profit, government or philanthropy,
Heidrick & Struggles Records 20 Percent Revenue Gain; Topping Forecasts
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International/(NASDAQ:HSII) posted second quarter revenues of $183.1 million, a 20.3 percent increase from revenues of $152.2 million during the same period a year ago. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for revenues of $164.3 million.
Hawaii Tourism Authority Turns to Inkinen & Associates to Fill Leadership Posts
Honolulu-based search firm Inkinen & Associates has been selected by the Hawaii Tourism Authority (HTA) to fill three key leadership positions. The recruiting firm is seeking a new president and chief executive officer, a chief administrative officer and a vice president of marketing and product development. Last month, the HTA board of directors voted to
AltoPartners Adds New Member Firm in Denmark
AltoPartners, an international alliance of independent executive search firms and leadership consultants, has added Denmark-headquartered executive search firm Laigaard & Partners to its fold. Using a bespoke selection and evaluation process, Laigaard & Partners helps clients recruit board members, directors, managers and senior specialists across all key industries. Laigaard & Partners is a Scandinavian recruitment and
Rajeev Vasudeva Stepping Down as CEO of Egon Zehnder
Rajeev Vasudeva, who has served as the CEO of Egon Zehnder since 2014, will step down at the end of October, according to an internal memo sent to the firm’s partners this week. The memo, which was first reported by the Financial Times, was sent by Jill Ader, who defeated Mr. Vasudeva last month in
Came | Sweeney Leads President Search for Teaching Channel
Northfield, IL-based executive recruitment firm Came | Sweeney is initiating a search to find the president for Teaching Channel, an organization dedicated to the professional development of educational providers. The firm is looking for a leader who can navigate in a mission-driven environment, imbued with a teacher-centric culture. The new president will be charged with
Robert Half Posts 11 Percent Second Quarter Revenue Gain
Robert Half International Inc./(NYSE:RHI) posted second quarter revenues of $1.46 billion, up 11.4 percent from revenues of $1.31 billion during the same quarter last year. The results beat Wall Street expectations. Analysts surveyed by Zacks Investment Research had forecasted revenue of $1.43 billion. The Menlo Park, CA-based recruiting company recorded second quarter profits of $109 million, or 89 cents per share, compared
Recruitment for Higher Education Leaders Heats Up and Shifts
Executive search for higher education and academia is undergoing a tremendous transformation. Technology is having a big impact. Diversity is also making its impact felt. Even certain roles are not the same as they were just a short time ago. Talk about a sector in transition! “Executive search in higher education is experiencing huge changes,
Odgers Berndtson Opens Offices in Denver and Miami
Executive search firm Odgers Berndtson has continued its recent expansion with the opening of new offices in Miami and Denver. The Miami office will expand the firm’s professional services, hospitality and human resource practices and serve as a bridge between its locations in North America and Latin America. With offices already in Austin, Houston, Dallas, Los Angeles and
Onstott Group Finds Chief Commercial Officer for Myomo
The Onstott Group, a Wellesley, MA-based search firm, has placed Micah Mitchell as chief commercial officer of Myomo Inc., a NYSE-traded wearable medical robotics company located in Cambridge, MA. The addition of the newly created CCO role reflects Myomo’s transition from a controlled introduction of its proprietary MyoPro product line to expansion of its sales, marketing
Wage Growth Seen in Most Recent Quarter
Wages for U.S. workers grew three percent over the last year, increasing the average wage level by 80 cents to $27.46 an hour, according to the latest ADP “Workforce Vitality Report.” The report tracks the same set of workers over time, which provides a more insightful picture of wage growth than overall wage growth. The growth, steady at three percent
LifeSci Partners Launches Executive Search Division
LifeSci Partners, a life sciences-focused consultancy, has launched LifeSci Search, a global executive recruitment service. It will operate exclusively in the biotechnology, pharmaceutical and healthcare sectors. It was founded “to address the broad deficiencies in the life sciences recruitment market largely centered around the specialization required for life sciences clients,” the firm said. The service
Google Launches Job Search Service in U.K.
Google has announced the launch of a new job search service in the U.K. Using the Google Jobs function, job seekers will now have access an array of information about available positions. “When you search for ‘jobs near me,’ ‘teaching jobs,’ or similar queries in English in the U.K., you’ll have the option to click
DHR International Lands New Leader for the Miami City Ballet
Following an extensive, six-month international search, James Abruzzo of DHR International has recruited Chicago’s Auditorium Theatre CEO Tania Castroverde Moskalenko as the new executive director of the Miami City Ballet (MCB). “It is a ballet company chair’s dream to lead an organization with top talent, leadership, and vision in both the artistic and administrative realms,” said Kristi
Russell Reynolds Associates Appoints New CFO
Former IBM finance executive Paul Ottolini has joined Russell Reynolds Associates as chief financial officer. He replaces Tom Kendall who retired earlier this year after serving the firm for 35 years in various capacities. In his new role, Mr. Ottolini will be responsible for managing the firm’s global financial operations, connecting strategy with performance and overseeing
Sterling Martin Leading Search for American Association of Law Libraries Director
The American Association of Law Libraries (AALL) in Chicago has retained Sterling Martin Associates to search for its next executive director. CEO and managing partner David Martin is leading the assignment along with senior associate Leigh Beal. “This is an exciting opportunity for a highly skilled executive who has experience in a leadership role for
Hacking the Cybersecurity Talent Shortage
Demand for cybersecurity professionals at all levels is accelerating in the face of increasingly volatile global data security condition. But the talent pool remains limited and difficult to access. With cybercrime draining more than $445 billion from the global economy, International Data Corporation (IDC) has forecast that this market will present a $101 billion opportunity
CEO Worldwide Launches Female Executive Search
Executive recruitment firm CEO Worldwide has launched Female Executive Search, a recruitment platform that matches the world’s top female leadership talent with progressive businesses and organizations that value gender diversity. Despite the evidence that equality at the senior level improves the bottom line, a disparity remains in representation at the C-suite level, across all sectors.
ManpowerGroup Posts Nine Percent Q2 Revenue Gain
ManpowerGroup / (NYSE:MAN) posted second quarter revenues of $5.7 billion, an increase of nine percent from the prior year. The results fell short of Wall Street expectations. Five analysts surveyed by Zacks Investment Research expected $5.8 billion. Results were significantly impacted by stronger foreign currencies relative to the U.S. dollar compared to the prior year period. The Milwaukee-based recruiting
Isaacson, Miller Retained by UConn to Find New President
As the new academic year approaches, a number of colleges and universities across the country are opening searches that, if all goes to plan, will provide high-profile leaders to take them into a new era of fundraising, digitalization, sports and, increasingly, globalization. To that end, the University of Connecticut has selected Isaacson, Miller to help find its
Koya Leadership Partners Acquires Social Impact Rival
Acquisitions continue to make big news in the executive search industry. The latest: Non-profit search specialist Koya Leadership Partners has acquired Commongood Careers, which specializes in recruiting leaders nationwide for organizations committed to social impact. The acquisition also enables Koya to partner with talent across the career lifespan. Financial terms of the deal were undisclosed. Commongood Careers, headquartered in
Bridgepoint Consulting Expands in Houston Market
Austin, TX-based Bridgepoint Consulting is expanding its financial consulting and professional search practices in Houston. The firm’s renewed focus in the Houston market includes the promotion of CFO consultants Ross Goolsby and Lucas Walters to director roles. The professional search practice, led by Kristi Kershaw, is expanding into the city. Messrs. Goolsby and Walters will
Here’s How Data Privacy Laws Will Impact Global Search Firms
The European Union’s General Data Protection Regulation (GDPR) recently went into effect and is expected to have a tremendous impact on executive search firms across the E.U. – including the U.K. – and how they handle personal data. GDPR also affects U.S. recruiting firms and others that collect and process information about individuals living in the E.U.,
Odgers Berndtson Strengthens Education and Sports Practices
Executive search firm Odgers Berndtson has continued its recent expansion with the addition of three new search professionals: Jennifer Biehn, Monica Burton and Greg Santore. Their addition significantly strengthens the firm’s education and sports practices. “We’re delighted to have Jennifer, Monica and Greg on our team,” said Steve Potter, CEO of Odgers Berndtson U.S. “Together they have almost
Kevin Chase Executive Search Seeks Leader for Transgender Legal Defense and Education Fund
Los Angeles-based Kevin Chase Executive Search Group has been retained to find a new executive director for the Transgender Legal Defense and Education Fund (TLDEF) in New York City. Managing partner Kevin Chase is heading the assignment along with senior associate Catie DiFelice. TLDEF’s executive director is responsible for day-to-day leadership and operation of the non-profit’s
