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Daily Newswire
Laid Off by AI? What’s Really Driving the Latest Job Cuts
Companies are firing workers and saying AI made them do it. But new research from MIT and Oxford reveals the truth: 95 percent of companies investing in AI are getting zero return, yet they’re still using artificial intelligence as a convenient excuse for layoffs. This matters for anyone worried about job security in today’s market,
Employment Falls by 92,000 as Unemployment Rate Rises to 4.4 Percent
Employment fell by 92,000 in February as the U.S. unemployment rate rose to 4.4 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.6 million, changed little in February. Employment in healthcare decreased, reflecting strike activity. Employment in information and federal government continued to trend down. “That jobs weakness coupled
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.
Lock Search Group Fills Senior Position for Emergent BioSolutions
Toronto-headquartered executive recruitment firm Lock Search Group has assisted in the recruitment of Layton Henderson as vice president and general manager of Emergent BioSolutions’ Winnipeg manufacturing facility. “We’re grateful to celebrate a successful executive placement with our valued partner, Emergent BioSolutions,” Lock Search Group said in a LinkedIn post. “Congratulations to Layton Henderson on his appointment. We’re
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?
Options Group Expands Dubai Office
Options Group has expanded in Dubai office with the additions of Eugenio Chiappini and Ben Prickett as vice presidents. Mr. Chiappini specializes in the private equity and family offices sectors. His addition strengthens the firm’s presence in the Middle East and supports its work with alternative investment firms and private capital clients seeking senior talent. Before
Executive Search Evolves, but Relationships and Judgment Still Matter Most
Executive search is evolving as firms face growing pressure to deliver stronger talent outcomes while providing deeper advisory value to clients and candidates. The most effective search organizations are looking beyond individual assignments to build broader networks, strengthen market intelligence, and create relationships that endure across careers and leadership transitions. That shift is placing renewed
Executive Diligence Takes on Greater Role in Senior-Level Hiring
Executive search increasingly extends beyond assessing experience, leadership style, and cultural fit. For boards and investors, understanding a senior candidate’s background, reputation, and potential risk profile has become an important part of evaluating whether that individual is equipped to lead in a high-stakes environment. That has made investigative diligence a more meaningful component of senior-level
BarkerGilmore Recruits General Counsel for Stanford University
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Timothy G. Lynch as vice president and general counsel of Stanford University. He succeeds Debra Zumwalt, who announced earlier this year that she would retire after 26 years as Stanford’s vice president and general counsel. BarkerGilmore’s Sarah Sullivan, Brittney McDonough, and
Calibre One Recruits CPO and Chief Technology and Information Officer for Production Resource Group
Calibre One has placed Jennifer Caserta as chief people officer and Joe Simon as chief technology and information officer at PRG (Production Resource Group) in New York City. “We are building PRG for a bigger future, and that means investing across every part of this business: our leadership, crews, talent development, and the equipment, technology and
TRANSEARCH International Adds New Member Firm in Singapore
TRANSEARCH International has expanded in Singapore with the addition of The Executive Collective Asia as its newest member firm. Led by managing partner Angela Roche, the addition further strengths the organization’s executive search and leadership consulting capabilities across the Asia-Pacific region. “Singapore is strategically important to TRANSEARCH not only within Asia-Pacific, but to our global business,”
Beyond the Single AI Path: You Can Have It All
Executive search firms are moving beyond early experimentation with artificial intelligence and focusing more closely on how the technology can support different roles, workflows, and levels of adoption across their organizations. Rather than forcing every user into the same model, firms are increasingly looking for flexible approaches that can improve efficiency while preserving the judgment
Six Trends Driving Private Capital Hiring
Executive hiring across private capital is becoming more complex as firms rethink the leadership capabilities needed to compete in a changing investment environment. Search mandates are broadening beyond traditional dealmaking backgrounds as firms place greater value on operating expertise, technology fluency, capital formation, and experience navigating more difficult market cycles. For executive search firms serving
Shelli Herman and Associates Recruits President and CEO of Mystic Aquarium
Following an extensive national search, Los Angeles-based Shelli Herman and Associates has placed Rachel Metz as the new president and CEO of Mystic Aquarium. She will succeed Susette Tibus, who has led Mystic Aquarium since April 2023 and has been a recognized leading champion for the Aquarium for decades. “Rachel is an accomplished, thoughtful and inspiring leader whose experience
Academic Search Seeking Provost for James Madison University
Education-focused executive recruitment firm Academic Search has been selected by James Madison University to lead in its search for a new provost and senior vice president for academic affairs. Senior consultant Ann Die Hasselmo, consultant Christopher Butler, and associate consultant Kate Cusimano are leading the assignment. The school seeks an innovative and responsive leader to serve as its next provost and senior
ForceBrands Appoints Head of Executive Search
ForceBrands, a hiring and talent solutions partner for the consumer industry, has strengthened its executive search practice with the addition of Brian Waivada. He will lead the team and oversee the practice’s continued expansion. “This appointment builds on the strength and momentum of our executive search practice,” said Rob Ganjon, CEO of ForceBrands. “We’ve spent
Potential vs. Performance: Rethinking the Leadership Pipeline
Being a successful business leader has always been associated with a fast-paced management style, but today more than ever, leaders must constantly adapt and be prepared to navigate rapid change. Leadership roles across organizations of all types have become increasingly complex, requiring the ability to balance competing priorities at the same time. In this environment,
DHR Global Grows Sports Practice with Jobplex’s Acquisition of Ascension Sports Partners
Jobplex, the Chicago-based partner company of DHR Global, has acquired Ascension Sports Partners, an executive search and talent advisory firm specializing in sports, entertainment, and collegiate athletics. Financial terms of the deal were not disclosed. Ascension founder and president Dan Rossetti joins Jobplex as a partner, working alongside DHR’s sports practice. “This acquisition marks an important expansion of
Russell Reynolds Associates Tapped by the Canadian Investment Regulatory Organization to Lead CEO Search
Global leadership advisory firm Russell Reynolds Associates has been retained by the Canadian Investment Regulatory Organization (CIRO) to lead in its search for a new president and chief executive officer. Andrew Kriegler, its inaugural president and CEO, has informed the board of directors that he will not be seeking a further term. The board has commenced the
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
Solomon Page Launches AI 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
The Future of Healthcare Leadership: AI, Innovation & Talent
The healthcare and life sciences industries are undergoing a major transformation, driven by advancements in AI, machine learning, and digital innovation. These technologies are reshaping drug discovery, patient care, and operational efficiency, requiring leaders who can harness innovation while optimizing complex systems. As competition for top talent intensifies, organizations are prioritizing executives with strong business
Direct Recruiters Partners with Assessment Firm
Cleveland-based executive search firm Direct Recruiters Inc. (DRI) has formed a partnership with PRADCO, a talent assessment, development and management company. “With the ongoing data-driven environment we are experiencing, our partnership with PRADCO will assist us in our goal of providing customized solutions that help our clients hire top talent for mission-critical positions,” said Dan
Six Mistakes to Avoid When Building Your In-House Recruiting Function
For many companies, starting an in-house recruiting operation to find senior-level talent makes good sense. They can save money on search firm fees and take full control of their hiring destiny. What’s more, in-house recruiters have an advantage over external recruiters in that they fully understand their company’s brand, and its culture and goals, all
Development Guild DDI Seeking Development Officer for Farnsworth Art Museum
For non-profit organizations, these are challenging days. Declining support from government sources, increased demand for their services and competition for donor dollars are just a few of the issues that charitable organizations must overcome to stay afloat each year. So it is that roles like the chief development officer become all the more critical. Museums
Korn Ferry Helps Find New AD for University of Louisville
Korn Ferry recently assisted in the recruitment of Vince Tyra as the new vice president for intercollegiate athletics and athletics director for the University of Louisville. The former business executive becomes just the third athletics director for the Cardinals in the last 38 years. The previous AD, Tom Jurich, was fired in the wake of an FBI
Benchmark Executive Search Expands Advisory Board
Global spending on cybersecurity by companies and governments is expected to reach over $90 billion this year, according to information technology research advisory group Gartner. There are some 500,000 cyber attacks globally every day – with American companies experiencing billions of dollars in intellectual property theft, much of which goes either unnoticed or unreported. All
Momenta Partners Strengthens Staff with Veteran Lawyer
Zurich-based executive search firm Momenta Partners has expanded with the addition of Laura Westby as partner. She will assist the firm in growing the advisory, executive search and ventures business globally from offices in Basel, Switzerland and Minneapolis. Ms. Westby has more than 20 years’ experience driving commercial arrangements, strategic counsel and corporate development in deep technology sectors.
Big Challenges Ahead for Recruiting and Talent Sector
Across many parts of the globe, 2018 has started with a job market as robust as any in recent years. It’s been so strong that recruiters are being forced to get creative in order to fill all the position mandates coming their way. And they’re not the only ones. A new Korn Ferry report, in
Quick Leonard Kieffer Lands CNO for Illinois Valley Community Hospital
As the life sciences sector continues to expand and reconfigure 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, the chief nursing officer (CNO) has traditionally been
AGB Search Recruits President for Slippery Rock University
In recent months, a number of top universities have announced that they are looking for new, high-profile leaders to take them into new eras of fundraising, digitalization, sports and, in some cases, globalization. Several schools haven’t changed leaders in years or even decades, and their boards of trustees and search committees are finding an entirely
Ducatus Partners Announces U.S. Expansion
Executive search firm Ducatus Partners has expanded with the additions of Jonathan Verlander as partner and DeLynn Mitchell as principal to strengthen its U.S. team. They will be based in Houston. The firm says the hirings are part of its growth strategy which has been driven by a recovery in the energy markets and a resurgence in
Logan Development Group Partners With VisionFirst Advisors
Economic development consulting firm VisionFirst Advisors has formed an alliance with executive recruiters Logan Development Group. The partnership between the top-tier firms capitalizes on and expands the breadth of services offered across each company in talent acquisition, development and executive search. VisionFirst, headed by CEO and founder Gray Swoope, is a customer-driven consulting firm that develops
Executive Search Firms Seek to Make Data and Analytics Less Burdensome
Big Data is changing business everywhere. The explosion of available information in the past few years has created a seismic shift in how companies now operate and go to market. While most organizations already have vast amounts of information about their employees, few companies are truly using their own human capital analytics to the full
Pyramind Lands New Leader for the Central Pennsylvania Convention & Visitors Bureau
Falls Church, VA-based executive search firm Pyramind has recruited Jeffrey S. Vasser as the executive director of the Central Pennsylvania Convention & Visitors Bureau. He succeeds Betsey Howell, who retired last year after leading the organization for 35 years. Lori Miller had been serving as interim executive director. Hope Johnson, president and CEO of Pyramind, led the
Odgers Berndtson Names Head of Healthcare and Life Sciences Practices
Executive search firm Odgers Berndtson has continued its recent expansion with the addition of Michael T. Kelly to its Minneapolis office as vice chairman, global head of life sciences, and U.S. head of the healthcare and life sciences practices. “Mike brings to his clients personal attention and unparalleled access to an international talent base across all major
Atkinson Macleod Appoints Energy & Natural Resources Practice Leader
Atkinson Macleod Executive Search has named Chris Grange as director to lead its energy and natural resources business. His new role will allow the firm to expand its offerings in the energy, oil and gas and natural resources markets, focusing on Scotland, the U.K. and Europe. Mr. Grange, who is based in Aberdeen, Scotland, has
Top HR Leaders Say Companies Are Unprepared to Replace Them
Only 50 percent of chief human resources officers believe that their companies have a ready-now successor should they leave their job, according to a new survey of almost 400 CHROs and HR leaders by Salveson Stetson Group, a Hunt Scanlon Media Ranked Top 50 Healthcare and Life Sciences search firm. While eight out of 10 of those
Ventura Partners Finds New CMO for 5.11 Tactical
As business becomes more global and complex, and power shifts from producers of goods and services to consumers, the chief marketing officer’s job of planning and coordinating marketing activities has become more challenging, recruiters say. Yet executive search firms are seeing no shortage of assignments for this important C-level position. Ventura Partners recently recruited Dave Larson to
Korn Ferry Places CEO at Boston Beer Company
Boston Beer Company recently named former Peet’s Coffee chief executive Dave Burwick as its new leader. Korn Ferry conducted the search, which began a year ago. Mr. Burwick replaces longtime president and CEO Martin Roper, who announced that he will retire this year. The company’s board of directors had known for over a year that Mr.
Toft Group Names COO
Given the integration of technology into all facets of everyday life, the healthcare industry is hardly alone in facing technology-related issues. But these take on increased importance when they impact health, disease diagnosis, treatment and, ultimately, human longevity. Having the right leaders, especially those with vision and transformational skills, to sort through such complex challenges,
CMP Merges with The Frontier Group
CMP, a talent development and transition firm, has merged with Atlanta-based coaching firm The Frontier Group. Frontier, which has a 31-year track record of delivering individual career transition solutions, redeployment solutions and executive coaching, will operate under the CMP brand. Patrick Lynch, Frontier’s president, will stay on post-merger and assume the title of president, CMP Southeast
Top Recruiter Accused of Stealing Korn Ferry Trade Secrets Reports to Federal Prison
David Nosal, the onetime star Korn Ferry recruiter who was convicted of violating a federal anti-hacking law, has exhausted his decade-long efforts to stay out of prison and reported to the federal penitentiary in Atwater, CA on March 14. Mr. Nosal, who left Korn Ferry to found NGS Global, was charged back in 2008 with
Stanton Chase Recruits CEO for Sogebank
Stanton Chase International has placed Alex Fouquet as the new CEO of Sogebank, one of the largest commercial banks in Haiti. Mark Young, a director in the search firm’s Miami office, led the assignment. “This was a challenging search since Haiti has a very distinct culture and one that must be understood and respected by all
UConn Selects Parker Executive Search to Find Next Men’s Basketball Coach
In the wake of its recent firing of men’s basketball coach Kevin Ollie amid an investigation by the NCAA, the University of Connecticut has selected Atlanta-based Parker Executive Search to lead the search for a new coach. “It is unfortunate that this decision became necessary,” the university’s athletic director, David Benedict, said in a statement. “As with
Alta Associates Names Chief Resiliency Officer
Flemington, NJ-based search firm Alta Associates has expanded with the addition of Pam Stenson in the newly created position of chief resiliency officer. The firm plans to use Ms. Stenson’s extensive experience with chief information officers to help broaden its network and recruiting capabilities in the technology arena. Over the past 30 years, Alta Associates has become
Flashlight Partners Launches in Indiana
An array of new recruiting firms has been launching around the world in recent months. The latest: Flashlight Partners, an executive recruitment firm based in Carmel, IN, has opened for business. “I believe that one should live intentionally and not vicariously,” said founder and CEO Laura Latham, in a recent interview with Current in Carmel,
Creating Clear Paths for Leaders Demands Discipline and Preparation
For companies big and small, the consequences of failing to establish a clear plan for future leadership can be staggering. One need only consider recent headlines about changes at the top at companies like Ralph Lauren Corp. and J. Crew to see the effect of poor succession planning on a business – from stunted growth
AGB Search Tapped by University of Guam to Find New President
Academic institutions continue to pump big fees into the coffers of executive search firms nationwide. Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels, and if there’s any slowdown coming it is to be found at the talent identification stage.
Koya Leadership Partners Places CEO at New Bedford Whaling Museum
The New Bedford Whaling Museum, the familiar name for the 115-year-old Old Dartmouth Historical Society, has named Amanda D. McMullen as its new president and CEO. Anne McCarthy and Erin Reedy of non-profit specialists Koya Leadership Partners led the assignment. Ms. McMullen assumes her new role on May 7. “With a strong record of leadership and accomplishments, Amanda
Scout Exchange Secures $100 Million in Funding
Investment dollars continue to pour into new technology designed to change the talent management industry. The latest: Scout Exchange, a recruitment marketplace connecting employers with specialized recruiters, has received $100 million in funding from TRI Ventures, the investment vehicle of recruiting industry veteran John Chuang. The funding will accelerate growth of Scout’s recruitment marketplace, which has been
Amrop Continues Global Expansion
Amrop, a partnership of recruiting firms operating from 75 offices in 48 countries throughout Asia, EMEA and the Americas remains in growth mode. It recently added four new partners. Alexandra Long joins Amrop and will lead the technology practice in Australia. She brings deep knowledge and expertise in the area, with recent experience including roles as
As CFOs Gain in Stature, Succession Plans to Replace Them Falter
As with all things in the business world, the role of a CFO has evolved over the past 10 years. Gone are the days of the CFO being the top accountant focused on the timely and accurate recording of transactions to generate a set of financial statements in accordance with GAAP. While the accuracy of
