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DAILY NEWSWIRE - TOP STORIES

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A new report by CEO Worldwide presents the key benefits of calling in an executive search firm and what to consider when doing so.

Here’s 3 Keys to Successful Executive Recruiting

To ensure that you aren’t excluding high-potential candidates in your executive searches, recruitment firm Robinson Resource Group offers three key tips for establishing an open-minded recruiting strategy.

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There's a power shift going on in hiring markets today. Candidates are more in charge than you think and this requires a change in employer thinking.

People

GRMSearch Opens New Office in Johannesburg

Many companies with global strategies have been looking to Africa recently as the new frontier for business. Improved political environments, above average growth and the rich opportunities waiting in a continent are raising considerable interest. This has led to the growth of executive search firms in the region. Hong Kong-headquartered executive search firm GRMSearch recently strengthened

Trends

Transitioning a Search to a Recruiting Firm

It is fairly common for an organization to undertake a leadership recruitment on its own, and later in the process seek the services of an executive search firm. This can happen for many reasons. It may be that the search committee wants to take a fresh approach, to reach out to a broader segment of

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Disrupting Recruiting: How Technology is Transforming the Talent Sector

In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.

Performance

humanpredictions Secures $1.16 Million in Funding

humanpredictions, a machine learning technology company, has received a $1.16 million funding round led by Network Ventures with additional investment from Hyde Park Angels, SaaS Ventures and M25. The new capital is targeted to help humanpredictions further grow and invest in its team of engineers and data scientists. “Because of the competitive nature of tech,

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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?

M&A

Direct Recruiters Integrates with Sister Company Direct Consulting Associates

Solon, OH-based Direct Recruiters Inc. (DRI), an executive recruitment firm, has announced an integration with its sister company, Direct Consulting Associates. The integration is designed to provide project-based, professional staffing and consulting support to Direct Recruiters’ client base. Direct Consulting Associates currently provides recruiting services to the hospital IT and general IT space. Moving forward, the

Report

5 Questions Candidates Should Ask During the Search Process

There has been much discussion about the key questions to be addressed a search for a new CEO, but what about from the candidates’ side and the questions they should ask during the executive search process. “If you find yourself in front of a search committee, what are the key questions you want to be

Search Assignment

Hanold Associates Finds Head of Diversity for Raymond James Financial

To meet the needs of an increasingly diverse society, many organizations have developed executive positions to guide their diversity agendas. Chief diversity officers have responsibility for guiding efforts to conceptualize, define, assess, nurture and cultivate diversity. Duties may include affirmative action and equal employment opportunity, or the constituent needs of minorities, women and other social

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Polachi Finds Chief Revenue Officer for Manufacturing Software Company

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. Recently, Boston-headquartered executive

People

Carmichael Fisher Expands in the U.S.

London-based executive search firm Carmichael Fisher has expanded its operations in the U.S. with the addition of recruiting veteran Samantha Wallace as its global head of practice. She will lead the firm’s technology team in Los Angeles. “Sam’s appointment comes at a time of accelerated growth both for the technology division and for the firm itself,” said Justin Hobday, CEO

People

Hightech Partners Strengthens Search Team

Digital-focused executive search firm Hightech Partners (HTP) has announced that Elly de Vrijer, founder and owner of Dutch executive search firm Hill Consulting, will be joining HTP as a partner while still operating her own firm. This collaboration, said HTP, will help the firm strengthen its international reach. “Hightech Partners is delighted about the cooperation with Elly,”

Search Assignment

Bank of England Picks Sapphire Partners to Lead Search for Governor

The U.K. government has hired Sapphire Partners, a London-based executive search firm, to help find a new governor for the Bank of England. The recruitment firm, which focuses on finding diverse talent, is the first agency ever hired to find someone for the governor role. Enlisting Sapphire Partners raises the likelihood that that the U.K.

Search Assignment

Harris Rand Lusk Tapped to Find New CEO for Stupid Cancer

Stupid Cancer, a non-profit that serves young adults with cancer, has retained New York City-based executive search firm Harris Rand Lusk to lead its search for a new CEO. Managing partner and CEO Jack Lusk is leading the assignment, along with Elly Kirschner, director of healthcare and advocacy. Matthew Zachary, the cancer group’s founder and CEO

Search Assignment

Chartwell Partners Recruits CFO for 8th Avenue Food & Provisions

Executive search firm Chartwell Partners has placed Doug Kooren as the new CFO of 8th Avenue Food & Provisions. Partners Mike Magurany and Scott Cuellar conducted the assignment. Mr. Kooren brings 25 years of experience in finance, accounting, audit, sales, marketing, M&A and business integration. Most recently, he was senior vice president and chief financial

People

Crenshaw Associates Names Chief Commercial Officer

Executive search firms continue to look for more ways to drive growth — and manage it. To that end, New York City-based recruiting firm Crenshaw Associates has expanded with the addition of Margaret Gramann as chief commercial officer. Her addition will accelerate and support continued growth with technology-enabled capabilities and new service offerings targeted to leading public, private

People

Friisberg & Partners Adds New Member Firm in Ireland

Friisberg & Partners International has added Dublin-based executive search firm Vertex Headhunting as its newest member firm. Shane Collins and Julian Chambers founded the firm last year to find senior executives for Irish companies. Vertex will be rebranding to Friisberg & Partners International in the coming months. The firm is looking to reinforce to clients and its markets

Report

Technology and the Workplace: Some New Perspectives

As technology’s impact grows, employers and workers alike see the potential for improving work and the workplace, this according to a new study by Randstad Sourceright. But many also worry that technological advances could cost people their livelihoods. Eighty-one percent of employers said that are excited about the opportunities that artificial intelligence will present, said

Search Assignment

Chrisman & Company Recruits CEO for Western Bankers Association

Chrisman & Company, a Los Angeles-based executive search firm specializing in the financial services industry, has recruited Stephen G. Andrews as the new president and CEO Western Bankers Association (WBA). Past CEO Simone Lagomarsino left the company at the end of 2018. Managing partner Michele Gil and founding partner Timothy Chrisman are leading the assignment for

Search Assignment

Pearson Partners Seeks Chief Innovation Officer for Dallas Area Rapid Transit

Dallas-headquartered executive search firm Pearson Partners International has been selected by Dallas Area Rapid Transit (DART) to lead in its search for a new chief innovation officer. Vice president Lisa Thompson is leading the assignment for this new position within the organization. The chief innovation officer has accountability for product management, business strategy and serving as

Alliance

H.I. Executive Consulting Forms Partnership with Teamscope

Global search firm H.I. Executive Consulting (HIEC) has formed a strategic partnership with Teamscope, an AI-driven talent analytics platform designed to help companies build high-performing leadership teams. The partnership gives HIEC an innovative tool to deliver more data-driven hiring results for its corporate and private equity clients, informing the way companies identify the right leaders, reducing unconscious

People

Bullhorn Enhances Leadership Team

Bullhorn Inc., which provides cloud-based customer relationship management and operations solutions for the staffing industry, has continued the enhancement of its enterprise leadership team with the promotions of Gretchen Keefner, Shaun Weise, Gregory LaGarde and Tim O’Brien. “Their deep industry expertise and exemplary leadership will further strengthen the business value that Bullhorn delivers to its

Trends

Recruiting Sector Jumps 13.9 Percent, Driven by Tightening Talent Markets

A constricting labor market with low unemployment means companies are struggling to find qualified talent. When the right people are found, the costs associated with hiring them are rising, making a lengthy onboarding process now the rule, not the exception. All of it is translating into big business for the nation’s Top 50 executive search

Search Assignment

Ventura Partners Recruits Women’s Head Basketball Coach for Bucknell University

Universities are increasingly turning to search firms to fill their top coaching vacancies. Recently, executive recruitment firm Ventura Partners placed Trevor Woodruff as the new women’s head basketball coach at Bucknell University. He takes over from Aaron Roussell, who left the school to take on the same role with the University of Richmond. Katy Young Staudt, managing director in

Search Assignment

Egon Zehnder Tapped by Innophos Holdings to Find Next CFO

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. Egon Zehnder has been retained by NASDAQ-traded Innophos Holdings to lead its search for a new CFO. Mark

M&A

HW Global Talent Partner Acquires Controlling Interest in Zebra People

Acquisitions continue to make news in the recruiting industry, with a number of notable purchases in recent months. Among them, HW Global Talent Partner acquired a controlling interest in Zebra People, a London-based digital recruitment agency founded in 2001 by Nick Cochrane. The deal creates a company with £16 million in revenue. Zebra People specializes in hiring

Performance

Hudson Global Posts 9.2 Percent Revenue Gain

Hudson Global Inc. / (NASDAQ:HSON) posted first quarter revenues of $16.2 million, up 9.2 percent in constant currency, from a year ago. By region, Hudson Asia Pacific led the charge, recording a revenue gain of 13 percent. Meanwhile, Hudson America and Hudson Europe struggled, posting a decrease of 15 percent and flat revenues, respectively. The Old Greenwich, Conn-based recruiting

Trends

When to Turn to an Executive Search Firm

Employers typically use an executive search firm when a top job opening is important enough, senior enough and when discretion is at a premium. There are times when your gut simply says that a C-level executive opening will be tough to fill. Sometimes a start-up has hit the hockey-stick inflection point in its growth and needs

Search Assignment

Aspen Leadership Group Seeks Chief Officers for New York City Ballet and Atlanta Opera

Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, is seeking chief development/ advancement officers for two respected cultural institutions, the New York City Ballet (NYCB) and the Atlanta Opera. Senior consultant Anne Johnson is spearheading the assignments. The New York City Ballet wants a highly motivated, experienced,

Search Assignment

Acertitude Recruits CEO for Path Medical

Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. So it is that the need for recruiting firms to deliver top-drawer leaders throughout the sector has only grown. Following a national search, executive recruiting firm Acertitude recently recruited Manny Fernandez as chief

Launches

Bowlsby Sports Advisors Launches in Texas

The executive search industry is being disrupted by the entrance of a multitude of new players offering advanced business models and new technologies. The latest: Former Korn Ferry consultant Kyle Bowlsby has established Bowlsby Sports Advisors LLC, a full-service and integrated sports consulting firm. The company works side by side with clients to pair executive search and

Academic Search Places General Counsel at Brown University

For many academic recruiting specialists, business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Education-focused executive recruiter Academic Search, for one example, recently placed Eileen Goldgeier as vice president and general counsel of Brown

Ventura Partners Expands Sports Recruiting Practice

Executive search firm Ventura Partners has expanded with the addition of sports industry veteran Katy Young Staudt as managing director in its sports & entertainment practice.  Ms. Staudt will open a Ventura office in Phoenix. “We are thrilled to have someone of Katy’s experience and respect on our team,” said Chad Chatlos, leader of the firm’s sports and

Unemployment Rate Falls to 3.9 Percent

Employers added 157,000 jobs last month as the U.S. unemployment rate dipped to 3.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The July gain is the 93rd consecutive month of job growth. The number of unemployed people rose to 6.3 million. The results fell short of the forecasts of analysts, who expected 190,000 jobs to

Diversified Search CEO EvergreenHealth

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 President Surety & Fidelity Association of America

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 Denmark

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 President Search Teaching Channel

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 Revenue

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 Chief Commercial Officer Myomo

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

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 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 Search U.K.

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 CFO

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 Search American Association of Law Libraries Director

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 Cybersecurity Talent Shortage

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

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 Revenue

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

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 Houston

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

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