DAILY NEWSWIRE - TOP STORIES
Finding top revenue producers is the main challenge facing executive recruitment firms today, says Ken Vancini, founder and CEO of Innova International and a consultant to the search sector. To land them, search firms must understand the marketplace as well as the needs of partners and revenue producers coming in. Discipline is also essential. Mr. Vancini sat down with Hunt Scanlon Media to address these issues, and much more.
Research has revealed a paradox at the heart of current debates around upskilling. On the one hand, the vast majority of U.S. workers believe it’s imperative to train for and develop new skills in order to keep up with changes in the workplace.
It’s an all-out war for talent these days, according to recruiters and talent leaders, and that’s making demand for executive search firms stronger than ever.
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020.
Birmingham, England-based Berwick Partners, a division of Odgers Berndtson, has expanded with the openings of new offices in Dallas, TX and Singapore. The firm already operates from key locations across the U.K. in Birmingham, London, Manchester, Leeds and Glasgow, with its international network also including offices in Amsterdam and Dubai. “We have a clear plan to further internationalize
With spring training just over a month away, Major League Baseball has turned to Chicago-based Hanold Associates to assist in recruiting a chief human resources and diversity officer. Jason Hanold, CEO and co-managing partner of the search firm, is leading the assignment along with partner Keri Gavin. “The MLB has had a significant focus on diversity, most
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Executive search firm EFL Associates has been enlisted to find the next president for Missouri Southern State University (MSSU). Alan Marble, who has been the university’s president since 2014, announced in August that he would be retiring effective June 30. EFL Associates was one of two finalists out of six search firms which sought the assignment.
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?
Executive recruitment firm Bridge Partners has opened a new office in Chicago and named Ryan Whitacre as a partner. Mr. Whitacre is a strategic advisor and talent spotter to hiring managers, boards of directors and search committees for leadership roles including board, C-suite and function heads across sector and industry. He is dedicated to identifying and recruiting
The value of combining Big Data with statistical predictive modeling has been highly touted in recent years. The idea is to apply advanced computing capabilities to talent-related data to better predict employee behavior. “This people analytics approach has been adopted with the aim of simultaneously doing a better job of improving performance, acquiring top talent
Executive recruitment firm Development Guild DDI, which focuses on the non-profit sector, has named Victoria Jones as president and Deborah Brown as chief operating officer. “I’m delighted to share that Victoria Jones is our new president,” said CEO Suzanne Weber. “Victoria’s new role along with the promotion of Deb Brown to COO will drive our continuous
With the integration of technology into all facets of everyday life, the life sciences and healthcare industry is hardly alone in facing technology-related issues. These take on increased importance when they impact health, disease diagnosis, treatment and, ultimately, human longevity. Having the right leaders in place to sort through these complex challenges, say recruiters serving
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. Overseas, fold in Brexit and you have an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and
Singapore-based Hofer Tan & Partner has expanded its global operations with the addition of a new office in Hong Kong to serve key Asian markets and meet rising client demand. The Hong Kong office will work closely with the existing headquarters in Singapore to offer region-wide service in all areas of executive search, board and
In an increasingly complex and stressful world with blurred lines between personal and work lives, workers at all levels need total well-being in all aspects of their lives. Expectations at work and home are no longer distinct or neatly separate – they are becoming one and the same. Savvy companies know that workers who are well
Executive recruiting firm Crist|Kolder has been selected by HanesBrands in Winston-Salem, NC, to lead a comprehensive search for a new chief financial officer. Barry Hytinen left the company in November and current chief accounting officer and controller M. Scott Lewis is serving as interim CFO while the search is underway. In its CFO search, HanesBrands is considering
Universities continue to turn to executive search firms to find new athletic directors. Western Carolina University (WSU) has enlisted Todd Turner of Collegiate Sports Associates to lead its search for a new director of intercollegiate athletics. The school decided not to renew the contract of former AD Randy Eaton. WSU is hoping to have a new leader of Catamount athletics
Toronto-headquartered Optimum Talent has expanded with the additions of Mark Shayna as vice president and market leader of executive search in Manitoba and Debbi Ragogna as vice president of executive search in Toronto. Mr. Shayna has had a 30-year career in sales and recruitment. After 12 years working with Xerox Corp., Baxter Corp. and Pharmacia, he made
Dubai-headquartered executive search firm Pedersen & Partners named Alvaro Arias Echeverria as global head of the firm’s private equity practice group. Mr. Arias Echeverria has been in charge of Iberia and Latin America at Pedersen & Partners for almost a decade and has co-headed the global private equity practice for over two years. With more than 15
After vetting several national search firms, American University in Bulgaria (AUBG) has retained the services of Boston-based recruitment firm Lindauer to find its next president. Past president Steven Sullivan announced that he will be returning to his full-time teaching position at the school. Recruiters Jill Lasman and senior consultant Gretchen Dwyer are leading the search for his replacement. David
London-based executive search firm Wilton & Bain has recruited Peter Rampling as chief commercial officer and Dale Kirkwood as chief technology officer of Community Fibre, a gigabit broadband U.K. internet service provider with a vision to deliver full fiber coverage to 500,000 homes in London. Jay Siddiki and Daniel Harrison, both principals within the global telecoms, media and technology functions at Wilton & Bain, led
Solomon Page has expanded with the addition of Luigi Frezza as managing director and global practice lead for life sciences. Reporting to president and global practice leader Marc Gouran, he will be based in the firm’s London office and drive the growth of the life sciences team globally by partnering with companies in the pharmaceutical, biotech,
Executive recruitment firm Russell Reynolds Associates has added Zack Deming as a consultant in the firm’s industrial practice and Americas practice leader for transportation and logistics. Based in Atlanta, he will be expected to work closely with transportation, logistics, airports and aviation-related companies, as well as private equity and infrastructure funds that invest in this space, to advise them
Brentwood, TN-headquartered recruiting firm Vaco continues to expand, recently opening a new office in West Palm Beach, FL and adding two key leaders: Matt Walter becomes co-managing partner of the technology practice and Albert Llodra joins the firm as managing director. South Florida is a key growth market for Vaco, serving more than 7,000 clients and some
The old paradigms of the global economy have experienced a tectonic shift over the past few years, and perhaps the most significant of them is this point of view: Emerging economies grow at high rates and developed economies grow more slowly or are in decline. “This dictum has been turned on its head recently – nowhere
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits are handling multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Just recently, both Ohio State and Emory University chose Isaacson, Miller to lead their respective president searches as
The Christopher Group (TCG) has placed Jennifer Lentine as the new head of total rewards at Nu Skin Enterprises. The search was completed in just 45 days by recruiters Nathaniel Schiffer, Kristen Pace and Amy Bott. “I am thrilled to have once again partnered with The Christopher Group to find extraordinary talent to join my team,” said Jeff Bettinger, CHRO at Nu Skin.
Charlotte, NC-based executive search firm HARTZ Search has appointed Carol Maxwell as managing director and leader of its Dallas office. The firm said that it expects her to be an invaluable asset. “We are excited to announce the addition of Carol Maxwell to our leadership team at HARTZ Search,” said Mike Hartz, president and CEO
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted in the placement of Jonathan Holloway as the first black president of Rutgers University. He was selected from a pool of more than 300 applicants. R. William Funk, president of the Dallas-based recruitment firm, led the search. Robert L. Barchi
Chicago-based Hanold Associates has expanded with the addition of Joe Costello as a partner. He specializes in recruiting executive level HR leaders across industries. His core focus is on technology, private equity and medical devices with a broader focus in the healthcare industry. “While we specialize in HR across industries, we are looking to continue adding depth
Dale E. Jones and Andrew Wheeler of Diversified Search have placed Honest Company CFO Muhammad Shahzad and former Kids2 CFO Lorna Street as members of the board of trustees for the March of Dimes Foundation, a non-profit fighting for the health of mothers and babies. In their roles as trustees, they will share their unique skills and knowledge to address the country’s urgent
Executive search firm Fisher Leadership has placed the new chief executive officer for Merri Health, one of the largest community health providers in the state of Victoria, in southeast Australia. Tassia Michaleas, who had been general manager, family and community, with Merri Health, is charged with driving future growth in metropolitan and regional areas, said Melbourne-based
A search firm and client can spend 15 minutes or 15 hours drafting a position specification, but it can emerge as a useless document either way. According to William Lepiesza of The Alexander Group, a well-crafted specification, or “spec” for short, is the foundation upon which a successful search is built. “Without the right approach
Acquisitions continue to make big news in the executive search industry. In an effort to expand its global presence, Kingsley Gate Partners recently acquired Latin American executive search firm CPGroup Latam. Financial terms of the deal were undisclosed. “We’re excited to welcome our Latin American colleagues,” said Nancy Albertini, senior partner, Office of the CEO, Kingsley Gate Partners.
Traditional gender stereotypes about men’s and women’s roles in the workplace and at home have helped to create overarching assumptions about what truly matters to each gender when it comes to careers, how to define great leadership, and expectations about diversity in the workplace. Many of us have also been quick to define entire generations
Atlanta-based recruitment firm Parker Executive Search has helped move the current provost of West Virginia University (WVU) Joyce E. McConnell to a new role as the 15th president of Colorado State University (CSU). She will succeed Tony Frank, who begins serving as chancellor of the CSU System July 1. Rico Munn, chair of the CSU system board of governors, described Ms. McConnell
Executive search firm Protis Global has placed Joe Bayern as president of INDUS Holding Co. Mr. Bayern will oversee the day-to-day operations of the Salinas, CA-based cannabis company, reporting to Robert Weakley, founder and chief executive officer, and the board of directors. Mr. Bayern joins INDUS from global beverage company VOSS of Norway. In his eight years
Executive recruitment firms have made a number of top leadership appointments in the past year, many focused on strategy, growth, branding efforts and operations. The latest: InveniasPartners, a Chicago-based healthcare executive search and talent advisory services firm, named Joseph E. Fournier as vice chairman and president. He joined the firm as a partner and chief people
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the demand, they continue to develop new practices and hire new recruiters. Recently, Paris-headquartered executive search firm Eric Salmon & Partners strengthened its office in Singapore with the addition of Brindha Bal as a partner. The office now has six partners on
To thrive in today’s executive search market, recruiting firms must take “extreme ownership” of client needs, said Rick DeRose and Kevin O’Neill, managing partners of the executive search firm Acertitude, in a new report by Invenias, a global provider of cloud-based software for executive search firms. As internal talent teams have grown more sophisticated and capable,
Following a national talent hunt, Diversified Search placed former Obama administration official Kim Ford as the new president and CEO of Martha’s Table, a food access and education not-for-profit. The Washington, D.C.-based charity’s current leader, Patty Stonesifer, recently announced that she plans to retire this summer after six years in the role. Leading the national search were Dale E.
Executive search firm McCormack+Kristel has been selected by the East Bay Community Law Center in Berkeley, CA to find its next executive director. “This is an opportunity for an accomplished, entrepreneurial leader to join a growing mission-driven non-profit organization dedicated to education and social justice,” said McCormack+Kristel. “The successful candidate will become a part of a distinguished
Global recruiter Ward Howell International has opened a new office in Houston and the addition of Thomas W. Dowdy, as partner, to lead it. He becomes a member of the firm’s energy practice. Mr. Dowdy worked for the predecessor firm of the current Ward Howell, in Russia, in the 1990s. “We are excited to welcome Tom back to
Diversity and inclusion in the workplace is becoming increasingly important for both employers and employees. Research has shown that diverse businesses are 35 percent more likely to financially outperform their industry’s national average. For potential job hunters, 67 percent now consider a diverse workforce to be an important factor when considering job offers. Recently, London-based
A tight labor market with low unemployment means companies are struggling to find qualified talent, costs associated with talent acquisition are rising and a lengthy hiring process is now the rule, not the exception. Recent surveys of hiring managers and individuals just completed from CareerBuilder, Inavero and the American Staffing Association (ASA) identified these major
Global executive search firm Boyden has placed Jason Berman as the new chief executive officer and scientific director of the Children’s Hospital of Eastern Ontario (CHEO) Research Institute and vice president for research of CHEO in Ottawa, Ontario. Dr. Berman, who starts his new role August 1, currently works for the Izaak Walton Killam Hospital
San Diego-based Blair Search Partners has recruited Mark Stuart as the new president and chief executive officer for the San Diego Foundation. Principal Trevor Blair led the assignment. The national search, which drew more than 1,000 candidates, began last year when Blair Search was appointed to assist the foundation board search committee. “The foundation board and I
Jobplex, the Chicago-based partner company of DHR International, has expanded with the addition of Claire Sylvestre as partner. Prior to joining Jobplex, Ms. Sylvestre served as director and executive international recruiter for YER USA in Chicago. In this role, she spearheaded business development functions and ran all aspects of recruitment functions to source new clients and candidates.
Sydney-headquartered executive search firm Ccentric Group has established a partnership with Wavelength, one of Australia’s largest medical recruitment agencies. “The companies share the same values of being dedicated to client needs, a strong focus on quality and service, and attracting and retaining the best employees,” said Wayne Bruce, founder and director of Ccentric Group. “It
Investors poured $10 billion into cannabis in North America in 2018, twice what was invested in the last three years combined. The North American market is expected to reach more than $16 billion in 2019. While talent deficits are a problem in every industry, the marijuana field is exceptionally short on senior-level leaders who can
With NCAA college basketball’s “March Madness” in full swing, some schools that have been left on the sidelines are looking to find new coaches to help their teams climb back into the competition. The University of Las Vegas, Nevada (UNLV), for one, recently enlisted executive search firm Fogler Consulting to lead the search for its next
Legal recruiting continues to be a hot area for search firms. Lawyers employed by government agencies in particular have been on the move as a result of changes in government administrations, according to analysts at Hunt Scanlon Media. Employment of lawyers is projected to grow 10 percent through 2022. Demand for legal work is expected to be
Global search consortiums continue to add new members across the global. The latest: IRC Global Executive Search Partners (IRC) just added Chicago-based 20/20 Foresight Executive Search as its fifth member firm in the U.S. 20/20 Foresight primarily serves companies involved in the real estate, financial services and service industries. It was established by Bob Cavoto in
Recruiters in the search industry continue to climb the executive ladder within their respective firms. Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has promoted 14 partners and 25 principals in its search and consulting businesses globally. “Our consultants are working with our clients to build the best leadership teams around the world,” said Krishnan
A number of top colleges around the country are looking for high-profile leaders to take them into the future. In most cases, executive recruiting firms have had a hand in some aspect of the search and selection process. Greenwood / Asher & Associates has recruited Steven Currall as the president of the University of South Florida (USF). If approved by
B.E. Smith Leads Chief Nursing Officer Searches for Baylor University Medical Center and University of New Mexico Hospitals
As the life sciences 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, in fact, it is the chief nursing
Riviera Partners, a search firm specializing in C-level engineering, product and design leader placements, has announced an expansion in New York with the promotion of four recruiters as partners. In order to meet increasing market demands, the San Francisco-based recruiter promoted directors Isa Guardalabene, Jason Hann, Sandy Ma and Sophie Thomas. The move will support
Global talent solutions provider Wilson Human Capital Group (WilsonHCG) has expanded with the addition of a new office in Bucharest, Romania. “Although we continue to expand our offices in Krakow, Poland, and London and Manchester in the U.K., since our inception in 2002 we have strived to have the best talent on our team,” said John Wilson,
The best leaders have a strong portfolio of future-oriented and change-ready skills that enable them to keep responding to fluctuating market demands, according to a new Korn Ferry study. The search firm’s new analysis of 15,000 profiles of leaders and managers from around the world found that most leaders today are unable to harness the collective energy
Executive recruiters continue to be in hot pursuit of chief human resource officers and other senior-level HR leaders across the nation. Recently, Domino’s Pizza retained Hanold Associates to find its next CHRO. Jason Hanold, CEO and co-managing partner of the search firm, is leading the assignment. He is joined by partners Keri Gavin, Ashley Schiele and
The Onstott Group, a Wellesley, MA-based search firm, has placed Sharad H. Joshi as the new president and CEO of BioDirection Inc., a privately held medical device company developing cutting-edge and rapid point-of-care products for the diagnosis and management of concussions and other acquired traumatic brain injuries. “On behalf of our board, I would like to
Cielo, a strategic recruitment process outsourcing firm, is bringing its executive search experts into a global practice under the Cielo brand. Craig Pointon, who has led executive recruiting for the Middle East and Africa region since 2007, will now become Cielo’s executive vice president and global head of executive search. “It has become increasingly apparent in
Executive search consortium Talentor International has added two new managing directors, Barbara Ulman and Thomas Zembacher, to expand Talentor Austria. “In Barbara Ulman, we found someone with excellent know-how in executive search,” said Michael Sarsteiner, CEO of Talentor International. “Thomas Zembacher’s healthcare and business expertise complement that perfectly.” Ms. Ulman was most recently managing director
Professionals who have a big personal cache in an industry, or who have been working at a big branded company, do not always make the best candidates. Instead, professionals who have had relevant accomplishments, even at brands that are lesser known, can oftentimes be the better fit. “Early in a search, organizations will often target