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.
Odgers Berndtson has named Henry Miller as partner and chairman of its global life sciences practice. “We are thrilled that Henry has joined the firm as chairman of the global life sciences practice,” said Steve Potter, CEO of Odgers Berndtson US. “His leadership abilities and personal knowledge will allow him to create and execute strategy around revenue
The allure of working from home combined with post-pandemic societal and tech back-up, has prompted many recruitment professionals to reconsider priorities, lifestyle, and future working practices. Growing and building your own business within this high-growth industry sector has become an increasingly attractive option and a new report from Recruitment Entrepreneur International’s James Caan has noted
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.
Retailers are facing major shifts in their businesses that call for “unprecedented responses” by CEOs who can effectively lead through change, intuitively and analytically understand the evolving consumer, and respond to ambiguity, according to search consultants. Developed markets, excess retail capacity, rising prices, the shift to omni-channel retail and the unpredictable pace of change in
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?
The International Executive Search Federation (IESF) has expanded in Austria with the addition of YBM Partners as its newest member firm. “Our expansion with Austria as the traditional gate to Eastern Europe is in line with the strategy of IESF as a growing international organization to be stronger represented in the emerging markets of Central and Eastern Europe,” the
How do we want to work in the future? Working just to make money and make ends meet is out – the workforce of the future will want more. More flexibility, more meaning, more possibilities. What can you do now to position yourself as a top employer in the future? In a new report, Talentor’s
DHR Global has been enlisted to conduct a chief financial officer search for The Scotts Miracle-Gro Co., a leading lawn and gardens products company. Rob Tillman, managing partner of DHR’s global financial officer practice, is leading the search. “ScottsMiracle-Gro is an iconic company with several highly recognized brands, a unique heritage, and a commitment to win,”
Raleigh, NC-based Collegiate Sports Associates has been called in to conduct the search for the next head football coach at the University of Nebraska. Scott Frost, who had coached the Cornhuskers since 2018, was fired following the team’s loss to Georgia Southern in the third week of the season. The team suffered 31 losses during his
Private equity-backed Kingsley Gate Partners has named Francesca d’Arcangeli as chief operating officer. Based in London, she will be responsible for worldwide operations. “I’m delighted to have Francesca on board as our new chief operating officer,” said Umesh Ramakrishnan, CEO of Kingsley Gate Partners. “Francesca has been responsible for large operations around the globe, speaks multiple languages,
Global search firm H.I. Executive Consulting (HIEC) has named Todd Maners as a partner in the industrial practice and Ken Wilcox as a partner in the consumer and retail practice. Mr. Maners has a background partnering with business leaders to effectively leverage talent to drive organizational transformation. In addition, he also brings deep expertise in spearheading innovative human capital
Many are confused by the difference between executive search and recruitment. The two terms are often used interchangeably, even by the people working within the industry. Although, we could say that recruitment agencies and executive search firms share the same objective – hiring the best possible talent – they do not work the same way,
Radnor, PA-based executive search firm Salveson Stetson Group has assisted in the recruitment of Josette Jean-Francois as the new senior director of talent and learning at B. Braun Medical Inc. (U.S.), a leader in infusion therapy and pain management that develops, manufactures, and markets innovative medical products and services to the healthcare industry. “We recently had the honor of
Non-profit recruitment firm m/Oppenheim Executive Search has been enlisted to find the next president and chief executive officer for the American Foundation for the Blind (AFB) in Arlington, VA. Leading the assignment are Lee Kappelman, Oscar Quiros, and Mark Oppenheim. The new leader will be charged with ensuring that AFB’s fiscal, operations, marketing and communications, human
Longship Group, a workforce consulting and solutions firm, has acquired Lawton Group, a healthcare and office/professional recruiting firm based in San Diego, CA. Financial terms of the deal were not disclosed. The new leader of the Lawton Group’s operations will be Katherine Sullivan of Longship Group’s healthcare division. “With Lawton Group’s prior 35-plus years of outstanding
London-based executive search firm Leathwaite recently expanded with the addition of Heather Barnes as a partner. “We are absolutely thrilled that Heather has chosen to join Leathwaite,” said Richard Buckingham, lead global technology partner. “We have long admired Heather’s impact, presence, and reputation in the technology, digital, and data market, and we look forward to integrating her
Private equity’s impact on the global economy is growing every year. The sector has become a financial behemoth worth as much as $7 trillion dollars globally, according to a McKinsey report — and, as a result, an important direct employer of millions of people worldwide. Like other recruiters that work with PE firms and their
A recent trend to emerge among Russell Reynolds Associates’ private capital clients is an increased willingness to make a creative chief financial officer hire. While the firm has seen the emergence of preferred archetypes for private equity and venture capital CFOs, there is also greater appetite to test the norm. To better understand the CFO
A number of universities have recently turned to search firms to find new chief human resources officers. Academic Career & Executive Search (ACES) has been called in by Boise State University to lead its search for a CHRO. Reporting directly to the president, the CHRO is a senior member of Boise State’s leadership team, responsible
Mercedes Chatfield-Taylor, co-founder of Artico Search, recently recruited Alexandra K. Moore as the founding managing director of a new investment company, Night Capital, which was recently launched by The Chernin Group (TCG) and digital talent-management and media firm Night Inc. In addition, TCG has invested an undisclosed sum in Night to “further accelerate Night’s growth as the
San Francisco-based Gaia Human Capital Consultants has recently placed three key sustainability leaders for three clients, NYSERDA (the New York State Energy Research and Development Authority), A.O. Smith Corp., and Sabert Corp. Dawn Dzurilla, founder and managing partner, and Zoë Van Schyndel, partner, led the assignments for the search firm. At NYSERDA, which promotes energy
Humans are inherently biased – it’s how our survival instincts enable us to make faster decisions. Thus, we make a majority of choices based on beliefs, biases, and gut instincts, rather than data, facts, and logic, according to a report from Morgan Samuels Company. While biases themselves aren’t good or bad, they can result in
ON Partners has assisted in the recruitment of Dolly DeNyse as chief revenue officer of Arbolus, a London-based knowledge-sharing platform. Partner Seth Harris led the assignment. “Dolly is such an exciting hire for us at the perfect time,” said Sam Glasswell, CEO. “Arbolus has evolved from its roots of improving the user experience in the expert network industry, towards a
Pasadena, CA-based search firm Envision Consulting recently placed Norayma Cabot as the new chief executive officer of A Place Called Home (APCH), a non-profit that provides a safe, nurturing environment and a variety of programs for young people in South Central Los Angeles. She assumes the role effective next Monday. Ms. Cabot joins the organization from the Los
Recruiting for board of directors roles, considered by many to be the very backbones of organizations, has grown markedly more challenging in recent years, say recruiters who conduct searches in that area. As a result, companies continue to turn to executive search firms to help find new board members. Diversified Search Group (DSG), a leading search firm
Recruitment platform and executive search firm Mogul has signed a deal with SmartBiz, an AI-powered financing platform for small businesses. Mogul offers a talent acquisition platform, diversity recruiting services, inclusive networking events, educational events, a job board, and online social communities. According to the agreement, SmartBiz will use Mogul’s diversity-focused recruiting software to access more than 494
With the U.S. phasing out most of its pandemic-related restrictions, a new topic has taken over our news feeds — labor shortage. Across the nation, companies are having great difficulty finding and retaining workers. At its height, the unemployment rate hit a record high of 14.8 percent in April of 2020. Since then, it has dropped to four
In the midst of the Great Resignation, competition for talent is fierce. The market is still candidate driven, which means that companies must examine their employee value proposition (EVP) but also carefully consider their recruitment process and leverage this as a competitive advantage when hiring “best athlete” talent. In a new report, Julian Rives, managing
Patagonia, a high-performance outdoor apparel and accessories brand, has selected Hanold Associates HR & Diversity Executive to lead in its search for a head of total rewards. Kile Hanold and Adam Watson will lead the assignment. As Patagonia continues to grow, this individual will be expected to align HR functions and policies to support the company’s employees. This leader
Healthcare-focused B.E. Smith has been enlisted to find a chief clinical officer for Island Hospital in Anacortes, WA. Recruiter Christine Young is leading the assignment. The chief clinical officer will oversee ancillary and clinical departments in facilitating the design and implementation of quality, patient care, while directing and coordinating the functions and activities within the departments for
While economic uncertainty remains a key theme in 2022, advancing gender equity remains a prominent corporate topic. Many studies have shown that companies with more diverse boards and leadership teams benefit from a wider range of experience, skills, and perspectives, and perform better. It only makes sense that stakeholders are increasing the pressure on leading
Susan Salka, president and CEO of AMN Healthcare, has been named to the 2021 Global Power 150 – Women in Staffing ranking by Staffing Industry Analysts for the seventh consecutive year. “On behalf of AMN Healthcare and all of the women throughout our organization, it is an honor to receive this recognition,” said Ms. Salka.
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has appointed Wendy Colvano, head of Europe, as managing director. “I consistently define Wendy as someone who is biased towards action—she is fearless, she is intentional and she sets the bar high,” said Paul Daversa, CEO. “As the international team continues to grow, Wendy’s ability
Executive recruitment firm BoardWalk Consulting has been enlisted to find the next president and chief executive officer of The Leadership Conference on Civil and Human Rights in Washington, D.C. Senior director Crystal Stephens, director of research Patti Kish and senior research associate Lysondra Somerville are leading the assignment. “The next president and CEO of The Leadership Conference,
IRC Global Executive Search Partners recently hosted its virtual global conference where participants exchanged ideas and experiences related to running their business in challenging times. The organization also elected a new executive board. The IRC executive board currently consists of the following members: Rania Abdalla, Tom Berray, Michael Kantel, Katerina Meimaroglou and Rohan Carr (IRC Australia),
Experts agree that we’re experiencing unprecedented times in the global labor market. While a few of the buzziest phrases of this phase include the Great Resignation, the Great Realization and the Great Reshuffle, there are many more “Greats” where those came from, according to a new report from Business Talent Group (BTG). Each of these
Storbeck Search/Diversified Search Group Tapped to Lead President Hunt for the University of Colorado
Higher education-focused search firm Storbeck Search, part of the Diversified Search Group, has been chosen by the University of Colorado to lead in its hunt for a new president. Mark Kennedy announced in May that he was leaving after two years of leading the university. The board of regents engaged Storbeck Search after a competitive RFP process that attracted more
TurnkeyZRG recently assisted SLAM magazine in the recruitment of Les Green as its new chief executive officer. Mr. Green, who is a former Nike and Teespring marketing executive, will serve as SLAM’s second CEO and lead the company’s overall expansion. Leading the assignment was Rick Alessandri, managing director of the search firm’s media and sports tech practice.
BridgeStreet Partners has expanded the addition of former Hexagon executive Steve King as its newest managing director in the firm’s Houston office. “Throughout his career, Steve has shown an ability to work effectively with other C-suite executives, communicate with key stakeholders and build highly effective teams,” said Scott Williams, co-founder and managing director. “He has a deep
Workday, a provider of finance and human resources solutions, has acquired VNDLY, a contingent workforce management vendor, for $510 million in cash. With VNDLY, Workday will provide organizations with a unified workforce optimization solution that will help organizations manage all types of workers—salaried, hourly, contingent, and outsourced—and support a holistic talent strategy, including insight into costs,
The amount of private capital raised and the associated deal activity this year have helped create a candidate-driven talent market. According to a new report from JM Search, proven operators open to considering new roles have found themselves with multiple compelling options to consider simultaneously, while companies continue to compete in the ever-escalating war for talent. “How
Executive search firm ON Partners has assisted in the placement of Zack McGahey as chief operating officer of Antheia, a synthetic biology company enabling next-generation plant-inspired medicines. Partner Suzanne Zebedee and consultant Clint Keller led the assignment. Mr. McGahey, former vice president of manufacturing and capex engineering at Zymergen, joins Antheia to operationally oversee its transition from
Russell Reynolds Associates Tapped by National Institute for Health and Care Excellence to Find New Leader
The National Institute for Health and Care Excellence (NICE) has called in Russell Reynolds Associates to lead its search for a new chief executive officer. The firm is looking for a leader to drive the organization’s transformation and develop its strategic plan over the next five years, and beyond. The CEO will be a transformational leader,
FaithSearch Partners (FSP) has expanded with the addition of two nationally-renowned pastoral leaders to its search team. David Walters and Mike Tucker join FaithSearch as search consultants focused on the firm’s non-profit and ministry-based searches. “Both Pastors Walters and Tucker significantly increase FaithSearch’s ability to support our church and parachurch clients during senior leadership transitions,” said
Panorama Leadership, a global network of independent executive search firms, has announced its new leadership team for the 2021-2023 period. Roy Herold, managing partner of MPS, becomes chair with Aidan Kennedy of Saxton Bampfylde moving to chair emeritus. Carlos Altona of EXEC in Brazil becomes the new vice chair and is joined by Agamjeet Dang of Executive
Toronto-based Caldwell has acquired Applied Behavioral Academy (ABA), a behavioral and cognitive psychometrics consultancy that leverages highly respected, results-driven tools to assess talent and to align people and business strategies. Financial terms of the deal were not disclosed. Coincident with the acquisition, Caldwell expanded its alliance with The Predictive Index (PI), launching Caldwell Analytics as a PI
Fordham University is beginning an important search to find a visionary, collaborative, and mission-driven leader to serve as its 33rd president. The school has called in Oak Brook, IL-based search firm WittKieffer to lead its search efforts. Spearheading the assignment are managing partner Robin Mamlet, senior partner Jean Dowdall, principal Ryan Crawford and associate Bree Liddell. The new
Arlington, VA-based executive search firm Development Resources Inc. (DRi) has been enlisted to find a vice president of diversity, equity and inclusion for Ceres, a sustainability non-profit organization. Jennifer Dunlap, DRi’s president and chief executive officer, is spearheading the assignment. “Ceres is searching for an experienced professional to lead the organization’s DEI journey,” said the search firm. “The vice
U.K.-based executive search firm Granger Reis has appointed Jamie Page as a new managing partner and Esmeé Vermolen as head of technology and innovation. “We’re re-writing the rule book as we enter an exciting next chapter in our growth,” said Richard Milsom, founder and CEO. “This evolution will allow us to champion authenticity by telling
The Labor Department reported that 199,000 Americans have filed new claims for state unemployment benefits, a decrease of 71,000. This is the lowest level for initial claims since November 15, 1969 when it was 197,000. The previous week’s level was revised up by 2,000 from 268,000 to 270,000. The four-week moving average was 252,250, a decrease
Egon Zehnder, 91, founder of the global executive search firm that bears his name, has died in Zurich after a brief illness. Born on April 12, 1930, Dr. Zehnder graduated from Harvard Business School in 1956. In 1964, at the age of 34, he founded his own firm in a townhouse above Zurich. Initially, the company was
Daversa Partners has launched Dreamscape, a business unit dedicated to advancing black representation on the boards and executive teams of companies and investing firms in technology. To lead the business, Daversa has named industry veteran Clinton Browning as its newest partner and head of Dreamscape. “In the 30 years since I have been working in executive
With the coronavirus crisis continuing to disrupt the world economy, chief people officers are stepping up at businesses across the country, playing a vital role in helping organizations navigate what is looking to be an even greater challenge than the Great Recession. Executive recruiters across the business landscape report that searches for these C-suite executives
Executive search firm EFL Associates has placed Craig Kispert as vice president and chief financial officer of Ottawa University (OU), a private Baptist university based in Ottawa, KS. Steve Waldron, the recruitment firm’s managing director—legal practice and higher education practice, led the assignment along with Angela Lilje, practice and project manager, higher education practice. Mr. Kispert brings more
Healthcare recruiting talent platform Trusted has secured $149 million in funding. This includes a $94 million Series C led by Greenspring Associates, which was recently acquired by StepStone Group, as well as a previously unannounced $55 million Series B led by early investors Craft Ventures and Felicis Ventures. It brings the company’s total funding to $175
Companies in the first half of 2021 appointed a record number of chief executive officers, making up for a significant slowdown in the second half of 2020, according to the ‘2021 Route to the Top’ report from Heidrick & Struggles. The global intelligence survey shows that compared to their predecessors, new chief executives are more likely to be women
James Abruzzo, managing partner of the global non-profit practice for Chicago-based executive search firm DHR Global, has assisted in the placement of Tom Schmid as the new chief executive officer of the Columbus Zoo and Aquarium in Ohio. The zoo’s board of directors voted to formally name Schmid to lead the zoo, The Wilds, Safari Golf Club
Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies. And there is no let-up in sight. Los Angeles-based Shelli Herman and Associates has assisted in the recruitment of Charmian
Cooper Coleman LLC has placed Kate Schroder as the new president and CEO of Cincinnati, OH-based community health organization Interact for Health. Dr. O’dell Moreno Owens recently stepped down from the position. Bill Coleman, principal and co-founder of Cooper Coleman, led the assignment. “This is a particularly unique leadership opportunity, not only due to the essential
Boyden has added new partner Farah Esmail as Boyden East Africa continues to provide leadership solutions and client service to social impact enterprises, family firms and hyper-growth, private equity-backed businesses. “Boyden East Africa is culturally astute and demonstrates a deeply held commitment to the region’s social and economic progress,” said Trina Gordon, president and CEO of Boyden. “We are delighted that
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges, and a constant struggle to manage cost and efficiency. It is an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skillset and competencies that often go above and beyond any typical job description.
Isaacson, Miller has been chosen to find the next president and chief executive officer for the Allen Institute, the non-profit research organization founded by the late Paul G. Allen, who co-founded Microsoft Corp. Leading the assignment are partners Cati Mitchell-Crossley and David Bellshaw, and senior associate Hayden Lizotte. The Allen Institute seeks a distinguished scientist,