DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Winning the CFO Talent War in a Competitive PE Market
Competition for experienced chief financial officers in private equity-backed companies has intensified as sponsors pursue growth, exits, and operational transformation on tighter timelines. In today’s candidate-driven environment, firms are finding that traditional recruiting approaches are no longer sufficient to secure high-impact finance leaders. Success increasingly hinges on proactive relationship-building, precise role calibration, and the ability
Korn Ferry Records Seven Percent Q3 Revenue Increase
Korn Ferry (NYSE:KFY) has posted Q3 fiscal-year 2026 revenues of $717.4 million, an increase of seven percent year-over-year with growth in all solutions. “Our strong quarterly performance continues to reflect the evolution of our firm,” said Gary D. Burnison, CEO, Korn Ferry. “Today the world is enveloped by unprecedented levels of change – shifts in population,
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.
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
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?
Solomon Page Launches Retained Executive Search Practice
New York City headquartered executive search firm Solomon Page has launched a retained executive search practice dedicated to artificial intelligence leadership. The practice is led by managing director Ryan Kellner. The practice partners with organizations in financial services, healthcare, life sciences, and venture-backed technology to place chief AI officers, heads of AI, heads of data science, and
Ema Raises $77 Million in Funding
Enterprise adoption of artificial intelligence is moving beyond experimentation as companies look for tools that can deliver measurable outcomes across core business functions. As organizations seek to automate more complex workflows in areas such as HR, IT, and finance, investors are increasingly backing platforms designed to operate at enterprise scale rather than remain stuck in
The Counteroffer Dilemma: What Candidates Need to Know Before Resigning
Landing the job offer of your dreams should be the culmination of a successful search process. But for many professionals, one of the most difficult parts comes after the offer is accepted: telling a current employer they are leaving. A recent report from The Bridger Group examines how companies respond when valued employees resign and
True Launches Boutique Search Practice for Venture-Backed Companies
Global executive talent platform True has launched True Venture Studios, a boutique executive search practice serving founders and venture-backed companies across AI infrastructure, HardTech, SpaceTech, DefenseTech, Fintech, healthcare, and life sciences, among others. “True Venture Studios is our way of reasserting our roots, giving founders a dedicated team that moves at their speed and fights for the
Vetted Solutions Recruits CEO for GO2 for Lung Cancer
Washington, D.C.-based Vetted Solutions has placed David Benson as the new CEO of GO2 for Lung Cancer. “David is an exceptional leader with a deep commitment to improving the lives of people affected by cancer,” said GO2 board president Rick Sherlock. “His collaborative leadership style, strategic vision, and ability to build meaningful partnerships make him the right
TalentRise Assists Grassroots Gardens of WNY with Executive Director Search
TalentRise has assisted in the recruitment of Megan Kelly as the new executive director of Grassroots Gardens of WNY. “We’re thrilled to announce Meg Kelly as the new executive director of Grassroots Gardens WNY,” the organization said. “Meg brings experience to our garden network from her work with the region’s business and entrepreneurship community, and enters
Private Equity Firms Rethink Executive Hiring for Future Growth
PE investors routinely underwrite businesses based on their future state. For example, an investment thesis may assume a restaurant company will double its unit count, accelerate franchising, expand geographically, complete acquisitions, improve margins, or become significantly more institutionalized during the hold period. Executive hiring, however, often remains anchored to the present, according to a new
ON Partners Recruits CFO for Fortera
Partners Josh Nathanson and Chris Clements along with principal Alexis Rohe of ON Partners have placed Albert Luu as the new CFO of cement manufacturer Fortera in San Jose, CA. “Fortera is at a stage where the work we’ve done to prove the technology now has to be matched by our ability to finance and execute at scale,”
BoardWalk Consulting Assists Downtown Atlanta with CEO Search
BoardWalk Consulting has recruited Kyle Waide as the new CEO of Downtown Atlanta Inc. (DAI) to lead in its search for a CEO. The search was led by Sam Pettway, Crystal Stephens, and Patti Kish. The search committee began its work in April of 2026 under the leadership of Egbert Perry, CEO, Integral Group; longtime member of CAP and
SearchWide Global Recruits President and CEO for Visit California
SearchWide Global has helped to recruit Julie Coker as the new president and CEO of Visit California. She succeeds longtime leader Caroline Beteta, who announced her retirement earlier this year. The assignment was led by Mike Gamble, chairman, CEO, and co-founder of SearchWide. The appointment is the culmination of a comprehensive global search conducted in partnership
JM Search Expands Search Team
JM Search, a senior-level talent provider serving private equity investors, portfolio companies, and Fortune 1000s, has expanded with the additions of Amber Shockey as partner within its legal practice and Curtis Walker as principal within its media & telecommunications team. “Continued private equity investment across legal services, legal-adjacent businesses, and professional sports is elevating the importance of
Interim or Executive Search? Choosing the Right Leadership Solution
Interim leadership has moved well beyond being a stopgap solution for unexpected vacancies. As organizations face greater complexity, faster strategic shifts, and mounting pressure to deliver results, boards and CEOs are increasingly turning to experienced interim leaders as a flexible way to maintain momentum and address critical business needs. For executive search firms, that shift
Funk Associates Assists the University of North Florida with the Recruitment of Eighth President
Funk Associates has assisted in the recruitment of Michael P. Shannon as the eighth president of the University of North Florida (UNF). Past president Moez Limayem stepped down from his position in early 2026. “Mike Shannon is the leader who can build on UNF’s strong momentum and continue to elevate the University’s incredible impact across our
DHR Global Recruits President of Business Operations for the Pittsburgh Penguins
Talent advisory firm DHR Global has placed Marcel Braithwaite as president of business operations for the Pittsburgh Penguins. This search was led by Mike Gagliardi and Glenn Sugiyama of DHR’s sports practice. “Marcel is going to be a transformational hire for one of the NHL’s premier teams,” said Mr. Sugiyama, managing partner of DHR’s sports practice. “I had the
Mercuri Urval Expands International Public and ESG Expert Practice
Stockholm, Sweden-based executive search firm Mercuri Urval (MU) has expanded with the addition of former Danish government minister Astrid Krag to its international public and ESG expert practice. “With Astrid’s extensive experience in international public affairs, strong commitment to ESG and sustainability, and deep understanding of life sciences, she brings a valuable combination of expertise and
ZRG Partners Acquires N2Growth’s Spain Business
ZRG Partners has entered the Spanish market through the acquisition of the business formerly known as Blacksmith that had been doing business since 2023 under the umbrella of N2Growth. Through this integration, ZRG enters the Spanish market with an established local team and the goal of offering Spanish and international clients agile, high-touch advisory backed by
Family Offices Move Into Human Capital M&A
Altss’ latest ranking, The 50 Largest Family Offices in the World (2026), illustrates the scale family capital has reached. The 50 largest offices collectively manage an estimated $2.4 trillion, with the top 10 controlling more than $1.5 trillion. Twenty-eight of the top 50 are headquartered in North America, while private equity represents their largest average portfolio allocation
The Leadership Pipeline Crisis: AI’s Hidden Cost
Companies everywhere are celebrating leaner teams, faster execution, and higher productivity thanks to AI, according to HIRECLOUT. From a business perspective, the logic is easy to understand, according to Avetis Antaplyan, founder and CEO of HIRECLOUT. “Investors reward efficiency,” Mr. Antaplyan said. “Leaders are under pressure to do more with less. Automation is eliminating repetitive
Klein Hersh Recruits CFO for Sparrow Pharmaceuticals
Klein Hersh, a search firm focused on the life sciences and healthcare industries, has recruited George Eldridge as the new CFO of Sparrow Pharmaceuticals, a targeted cardiometabolic therapeutics company. “We are thrilled to welcome George to Sparrow at such an important time for our company,” said Robert Jacks, president and CEO of Sparrow Pharmaceuticals. “George
McCormack + Kristel Seeking Executive Director for NEXT Harm Reduction
McCormack + Kristel has been retained by NEXT Harm Reduction (NEXT Distro) to lead in its search for an executive director. This is a rare opportunity for a visionary leader and skilled fundraiser to take a nationally recognized organization with an urgent mandate and grow it to the scale the moment demands. Reporting to the board
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
HelloSky Brings Its Graph of People, Investors, and Companies Into Claude and ChatGPT
Executive search firms are increasingly looking for ways to move beyond traditional databases and static candidate profiles as clients demand deeper market intelligence and faster, more precise insight into leadership talent. Advances in artificial intelligence are giving recruiters new tools to connect people, companies, investors, relationships, and career outcomes in ways that can strengthen candidate
Harris Search Associates Leading Senior Assignment for Carnegie Mellon University
Harris Search Associates has been retained by Carnegie Mellon University (CMU) to lead in its search for newly created role of associate vice president for research computing and data (AVP RCD). Jeffrey Harris and Ed Christ are leading the assignment. This role offers a unique opportunity to elevate and transform CMU’s research computing ecosystem positioning it to better support
Preng & Associates Assists SOGC, LLC with President Search
Following a comprehensive executive search, Houston-based Preng & Associates assisted in the recruitment of David French as the new president of SOGC, LLC. “Preng & Associates is proud to have supported this important leadership appointment and continues to partner with energy companies worldwide in identifying and securing transformative executive talent,” the firm said. Mr. French brings
NPAG Appoints Senior Advisor
Executive search firm NPAG has appointed André Blackman as senior advisor. In this new role, he will build and lead a practice focused on mission-driven innovation — connecting dynamic leadership talent and the development resources to keep that talent in seat, to founders and organizations solving problems that matter. “André brings a rare combination of strategic insight, storytelling
Five Years Later: How the Shutdown Redefined Business and Leadership
Five years ago this week, the world came to a sudden halt. In March 2020 marked the beginning of a global shutdown that reshaped business, leadership, and the way companies operate. “At Z3Talent, everything came to a standstill,” Steve Ziegler, founder of the Denver-based executive search firm, remembers. Were companies going to keep hiring? Would the
NETcon Taps Sheffield Search to Find CEO
New Zealand-headquartered executive recruiting firm Sheffield Search has been selected by power transmission company NETcon to lead its search for a new chief executive officer. The assignment is being led by Nick Gee, manager of Sheffield’s South Island operation. “This role offers both challenge and great opportunity with the chance to shape an organization as
Human Capital Group Adds Healthcare Veteran
Nashville, TN-based the Human Capital Group has expanded with the addition of healthcare veteran Paul Cleckner as managing director. Mr. Cleckner brings more than 25 years of senior operating and leadership experience in healthcare and technology. Most recently, he served as chief operating officer of Saint Thomas Health and prior to that was VP of operations
Global Healthcare Services Creates New Recruitment Platform
Rocky River, OH-headquartered executive search firm Global Healthcare Services (GHS) recently detected a disturbing trend within the sector it serves: Hospitals were struggling with employee retention, from staff to leadership roles, with the C-suite’s annual turnover as high as 20 percent in recent years. GHS saw an opportunity to implement a recruitment platform called IRIS
3 Ways Assessments Can Go Wrong and How to Get Them Right
With the accelerated pace of change and constant potential for disruption, the costs of getting important leadership decisions wrong – whether for selecting senior leaders, leadership development or succession planning – have never been higher. Despite these risks, many organizations underestimate the importance of a robust assessment process, according to a new report issued by Spencer
Grace Blue Lands New Leader for VCU Brandcenter
Grace Blue has placed Vann Graves as the new executive director of the Virginia Commonwealth University (VCU) Brandcenter. He takes over the role from Helayne Spivak, who left the school in May. “Along with my colleagues, I am delighted that Vann Graves is coming to VCU Brandcenter as its new executive director,” said Michael Rao,
Russell Reynolds Associates Places CEO at CropLife America
CropLife America (CLA), the leading association for the U.S. crop protection industry, has chosen former National Pork Board executive Chris Novak as its CEO. Russell Reynolds Associates assisted on the assignment. Mr. Novak will start his new role on Aug. 20. “I’m pleased to announce that Chris Novak has been selected by our board’s search committee
NPAworldwide Adds 10 New Member Firms Across the U.S.
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Member-owned recruitment network NPAworldwide has added 10 new member locations across the
Indeed Acquires Resume.com
Job aggregator Indeed recently acquired Resume.com, an online service for creating personalized resumes. Financial terms of the deal were undisclosed. Over 3.5 million job seekers use Resume.com, creating more than 40,000 resumes every week, and accessing timely career resource information. Indeed will continue to operate resume.com and enable job seekers to build, download, and print personalized
The Digital Future of Recruiting: 5 Solutions to Improve Hiring and Retention
In today’s competitive recruiting market, search firms must be nimble and efficient. One way to get there: Invest in digital tools to hire and onboard best-in-class professionals. Many organizations still use manual or paper-based processes, which are slow, expensive, and error-prone, resulting in inefficient operations and compliance risks. A new report by DocuSign found that
SearchWide Finds New Leader for the Augusta Convention and Visitors Bureau
After suffering a massive hit during the Great Recession, employment and hiring within the travel, hotel and hospitality industry continues to rebound. Last year, according to one set of survey metrics, the industry added 527,000 jobs (2.6 million since 2004). That number is likely to increase this year as global tourism and traveling in general are
Eastman & Beaudine Leading Athletic Director Search for University of South Florida
Executive search firm Eastman & Beaudine has been retained by the University of South Florida (USF) to lead its search for a new athletic director. Scott Kull, USF’s deputy athletic director for external operations, has been named interim AD while the school looks to replace Mark Harlan, who recently stepped down. “USF Athletics has gained tremendous momentum over the past
Heidrick & Struggles Launches Cross-Industry Innovation Network
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has launched a new cross-industry corporate innovation network that it is calling the Game-Changer Collaborative (GCC). The GCC enables members to collaborate around emerging technologies, external innovation opportunities and approaches to accelerating innovation in their organizations, said the Chicago-based firm. The GCC includes several
Executive Search Veteran Stephanie Pinson Dies
Stephanie Pinson, president of executive search firm Gilbert Tweed International, has died. Ms. Pinson, born May 23, 1936, had been with the New York City-based recruitment provider since 1981 and was a member of its board of directors. She had in-depth experience as a search consultant to the highly complex insurance industry, where she specialized
How Predictive Analytics Promotes Better Decision Making and Efficiency
At most major corporations, it is critical for the head of HR to be an extremely strong strategic and trustworthy adviser to the CEO, the board of directors and senior management. That means not just filling leadership positions with the current needs of the organization, but being able to look to the future in terms
McDermott & Bull Leading Two Chief Officer Searches for Scooter’s Coffee
Scooter’s Coffee, one of the largest and fastest growing brands in the specialty coffee business, has retained Irvine, CA-based search firm McDermott & Bull to lead its search for a new chief commercial officer and chief development officer. The search is being conducted by what is known as the fit practice at the recruitment firm, which includes partner
Ratliff & Taylor Seeks Next President for Leadership Akron
Independence, OH-based executive search firm Ratliff & Taylor has been chosen to find the next president for Leadership Akron. The search is being led by senior consultant Patti Shumay and senior vice president and practice leader Linda J. Gray. The non-profit’s previous leader, Mark Scheffler, departed earlier this year to become executive director of the
MediaLink Names Leader of Executive Search Division
MediaLink, an Ascentia-owned advisory company, has appointed Trish Shortell as managing director, executive search, based in its New York office. In her role, she will lead the firm’s executive search practice and will report to Michael Kassan, MediaLink’s chairman and CEO. “Trish is widely sought-after in our industry for her thought leadership and counsel on
Amrop Appoints Leader of Costa Rica Operations
Amrop, a partnership of recruiting firms operating from 75 offices in 48 countries throughout Asia, EMEA and the Americas, remains in growth mode with the addition of Adrián Chinchilla as leader of its operations in Costa Rica. He assumes the title of partner and general manager and will lead the search for senior executives and
Korn Ferry Stock Surges to Record High on Close of Fiscal Year Report
Korn Ferry (NYSE:KFY) has posted 2018 fiscal year-end revenues of $1.767 billion, an increase of 12.9 percent from $1.57 billion in 2017. The organic growth was driven by all three lines of business with Futurestep growing 22.1 percent, executive search expanding 14.8 percent, and Hay Group increasing 8.4 percent. It’s been an amazing run for Korn Ferry
Polachi Finds Chief People Officer for Bottom Line Technologies
Talent acquisition strategies at many large companies have become as complex as their balance sheets. At most companies the chief human resource officer plays a vital role in overseeing an organization’s broad-based workforce. The chief people officer, on the other hand, typically goes beyond overseeing an organization’s people policies. The focus instead is on building talent
RSR Partners Finds Executive Director for Race Team Alliance
Greenwich, Conn-based executive search firm RSR Partners has placed Jonathan Marshall as executive director of the Race Team Alliance (RTA), an association of Monster Energy NASCAR Cup Series teams. Principal Dany B. Berghoff spearheaded the search. Mr. Marshall is former chief operating officer and general counsel of the World Surf League. He has also worked
Kincannon & Reed Appoints New Practice Leaders
Executive search firm Kincannon & Reed continues its global expansion with the addition of five managing partners, bringing its partner group to 12 members. The new managing partners join a partner team that includes Gregory Duerksen, Jon Leafstedt, Fred Medero, David Turner, Ellen von Fange, Gary Weihs and Michael Whitney. “We are thrilled and delighted that these
Pedersen & Partners Launches Board Services Practice Group
Executive search firm Pedersen & Partners has opened a new board services practice group. Alberto Bocchieri, partner and co-head of Iberia & Latin America, has been named its new leader. He previously served as a partner with Neumann International prior to joining Pedersen in 2011. “We are aware that aligning the skillsets of board members with corporate strategy,
BoardWalk Consulting Finds New Leader for Presbyterian Mission Agency Board
Following an expansive national search, Atlanta-based executive recruitment firm BoardWalk Consulting has placed Rev. Dr. Diane Moffett as the new executive director of the Presbyterian Mission Agency Board (PMAB), one of six agencies of the Presbyterian Church (U.S.A.). The search was led by managing director Kathy Bremer. “Diane is a multi-dimensional leader and author whose decades
CEOs See Highest Compensation Increase Since Great Recession
In an environment of double-digit growth in shareholder return and corporate income, CEOs at the largest companies in the U.S. last year received the highest compensation increases since the recession, according to a new report by Korn Ferry. “Even with the anticipation of the CEO pay ratio disclosure mandate, so far we haven’t seen it
Caldwell Launches Value Creation Advisory Services
Toronto-based executive search firm Caldwell has announced the launch of an offering that pairs clients with agile executive talent on an as-needed basis. The firm describes its new Value Creation Advisory Solutions offering as a unique, flexible and cost-effective approach to creating value and solving core business challenges that require external expertise. It is part of
KL2 Connects Seeks New Head of Metro Regional Transit Authority in Akron
The Metro Regional Transit Authority (RTA) in Akron, OH, has retained the services of executive search firm KL2 Connects to find its next executive director. The organization is reportedly paying the Asheville, NC-based recruiter $42,500 to conduct the search. RTA fired past executive director Richard Enty in January following an ethics investigation and accusations of harassment
Lisberg Executive Search Expands to Serve Real Estate Sector
Despite setbacks in certain locales, the real estate industry has bounced back from many of its problems in recent years. But a dire need for executive talent in the field still remains. In particular demand, recruiters say, are executives who survived the last downturn and who now have a vision for better times ahead. To
Summer Hiring Expected to Heat Up
U.S. employers are expecting hiring to pick up in the third quarter, with 24 percent of employers planning to add staff, according to the latest “Employment Outlook Survey,” released today by ManpowerGroup. Employers in all U.S. regions and industry sectors are looking for headcount to grow. The upbeat forecast indicates that the uncertain political climate continues to
Howard Fischer Places Chief Revenue Officer at Scott Exchange
The role of chief revenue officer has changed dramatically over the last several years. CROs are quickly becoming mission-critical innovators for companies that look to dominate a market first and fastest, according to recruiters. The demand for these financial leaders is growing and executive search firms have been busy filling these roles. One recent assignment:
Credit Union Resources Finds CEO for Telco Plus Credit Union
These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers







