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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.
DRiWaterstone Human Capital Assists WJCT Public Media with CEO Search
DRiWaterstone Human Capital has assisted in the recruitment of Karen Feagins as president and CEO of WJCT Public Media, the independent, community-owned public media organization serving Northeast Florida and Southeast Georgia. “Karen represents exactly what we were looking for as the next leader for WJCT Public Media,” said Bill Hendrich, chair of the WJCT Public Media board
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?
Wilton & Bain Expands Interim Management Business
Global executive search and interim leadership firm Wilton & Bain has named Oliver Bentley as partner within its interim management business. He will focus on senior interim appointments across consumer markets in business transformation, technology and digital. “I am delighted to welcome Oliver to Wilton & Bain,” said James Humphreys, managing partner at Wilton & Bain.
Boards Weigh Internal vs. External CEO Candidates in Succession Planning
Choosing between an internal and external CEO candidate is rarely as simple as favoring continuity or change. For boards and executive search firms, the more important question is whether the succession process is anchored to the company’s future mandate and the leadership capabilities required to deliver it. The internal-versus-external CEO debate often starts with a
Pyramind Places New Leader for The International Institute
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Chad Leahy as the next director of The International Institute. “Chad came to Madrid on September 1 and has begun meeting with Institute staff, familiarizing himself with his new duties, and following the completion of this summer’s improvement projects in the Institute building,”
NPAG Recruits CEO for Dream.Org
Executive search firm NPAG has assisted in the recruitment of Janos Marton as the new CEO for Dream.Org in Oakland, CA. The search was being led by Phuong Quach and Sharon Gertsman. Mr. Marton joined Dream.Org as CEO after spending the past five years leading advocacy work at the organization, where he helped build coalitions and advance
Stevenson Search Partners Expands
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has expanded with the addition of Jim LoSapio to its on-demand talent solutions team as director, business development. “Jim has developed a strong understanding of the unique talent, consulting, and resource challenges facing life sciences organizations
TriSearch Expands Through Strategic Partnership
TriSearch has entered into a strategic partnership with Northwest Talent Solutions founder Nikita R. Steals, who has joined the firm as vice president, client success. The arrangement combines Northwest Talent Solutions’ workforce transformation expertise and entrepreneurial agility with TriSearch’s national recruiting platform, scalable delivery capabilities and highly customized approach to client partnership. Northwest Talent Solutions
Private Equity Takes a Harder Look at Leadership Assessment
Private equity firms examine every line of the financial model and pressure-test the commercial thesis from multiple angles. However, an assessment of the leadership team is often the least rigorous part of diligence. Deal teams will spend weeks validating a revenue forecast and only a matter of hours forming a view on the CEO expected
The Succession Crisis Extends Beyond Small Business
Succession planning has become one of the most pressing leadership issues facing boards as a growing number of senior executives move closer to retirement. For executive search firms, that is creating increased demand for earlier engagement, deeper assessment of internal talent, and more deliberate planning around critical leadership transitions. The challenge is especially acute when
Academic Career & Executive Search Recruits General Counsel for MassArt
Academic Career & Executive Search (ACES) has recruited Jeannie Barrett as general counsel at Massachusetts College of Art and Design (MassArt). Jennifer Muller, managing partner, led the assignment. Ms. Barrett brings more than 25 years of legal experience in higher education, advising institutions and senior leaders on a wide range of complex legal, operational, governance, and
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
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
PitchBook Data Shows PE Outlook Is Shifting Fast
According to PitchBook’s Q1 2025 U.S. PE Breakdown Report, private equity entered the year with positive momentum. Deal activity totaled 2,263 transactions worth $259.7 billion, representing an 11.8 percent increase in volume and 36.1 percent increase in value year over year. Much of the quarter’s value was driven by large take-privates, notably Sycamore Partners’ $23.7 billion
More Than One Million Jobs to Be Disrupted by 2026
The global economy faces a reskilling crisis with 1.4 million jobs in the U.S. vulnerable to disruption from technology and other factors by 2026, according to a new report, “Towards a Reskilling Revolution: A Future of Jobs for All,” by the World Economic Forum and the Boston Consulting Group. The report analyzes nearly 1,000 job types
Holden Richardson Lands Chief Legal Officer for Stoneridge
Legal recruiting has largely been booming this year. Lawyers employed by government agencies in particular have been on the move as a result of changes in government administrations, according to Hunt Scanlon Media. Employment of attorneys is projected to grow 10 percent through 2022. Demand for legal work is projected to be robust as individuals, businesses and all
Bob Murray & Associates Assists San Diego Police Dept. in Search of Chief
The public sector is in the midst of major transformation, facing an array of challenges that range from changing public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations require leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale, complexity
Russell Reynolds Associates Names Leader of Leisure/Hospitality Team
Russell Reynolds Associates has continued its recent expansion with the addition of Hoda Tahoun to its consumer practice as a leader of the leisure and hospitality team. Based in Miami, Ms. Tahoun advises U.S.-based and global companies on developing and building strong executive teams while also guiding clients on long-term leadership strategies, including succession planning. Her clients
Pedersen & Partners Opens in Zurich
Executive search firm Pedersen & Partners has opened an office in Zürich and named Thomas Heeger as the country manager for Switzerland. “For many years, we have been advising Swiss and international firms operating in Switzerland with their executive search needs outside Switzerland,” said Poul Pedersen, founder and managing partner of Pedersen & Partners. “From now on, we
Executives Split Between Getting Paid More or Being Promoted
While we all might think at times that a job is all about the pay check, a new Korn Ferry survey reveals that nearly half of professionals actually prefer recognition over extra compensation. The report, which surveyed more than 850 professionals, found that 46 percent would prefer a promotion with no raise, with 54 percent
Heidrick & Struggles Lands CEO for Avon Products
Heidrick & Struggles has helped place Jan Zijderveld, president of Unilever’s European business, as the new CEO for Avon Products, the struggling beauty products company. He replaces Sheri McCoy, who announced her retirement last summer in the wake of continued losses and harsh criticism from investors. The hiring of Mr. Zijderveld, who was also a
Myers McRae Recruits President for University of Charleston
The University of Charleston (UC) in West Virginia has named Martin S. Roth as its 26th president following a national search conducted by David Gring of recruiting firm Myers McRae. He succeeds Edwin Welch, who will be retiring in June. The selection of Dr. Roth followed an extensive search conducted over the past six months. A committee
ZRG Partners Names Practice Leader for Banking
ZRG Partners, the fastest growing search firm in the U.S., has appointed Patrick Prout as managing director and practice leader for banking. The selection was designed to help buttress the firm’s continued rise in the financial services sector. Mr. Prout has a decade-long record of serving banking clients with senior-level recruiting for boards of directors and C-
Amrop Strengthens Footprint in Australia
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 the Australian regional entity of executive search firm Carmichael Fisher Australia to its fold. The new partner helps bring significant national presence for Amrop in Australia and strengthens the
Why the Global Talent Shortage Might be Here to Stay
These are tough days for finding talent in virtually every market sector around the world. And, according to top global HR leaders and executive recruiters, it is a situation that is unlikely to improve anytime soon. Better economic times, low unemployment and technological innovation have all been a blessing. But how to fill the jobs
Aspen Leadership Group Tapped to Find Leader for Christopher Street West
Christopher Street West (CSW), the non-profit that organizes the gay rights LA Pride Festival and Parade, has enlisted Aspen Leadership Group, an executive recruitment firm based in Aspen, CO, to lead the search for its new executive director. Senior consultant Tim Child is leading the assignment. CSW is looking for what it describes as a risk
Korn Ferry Tapped to Find Executive Director for MOSERS
Executive search and leadership solutions provider Korn Ferry has been selected by the Missouri State Employees’ Retirement System (MOSERS) to lead its search for a new executive director. Senior client partner Michael Kennedy is heading the assignment. The pension fund’s previous executive director, John Watson, recently stepped down and legislative and policy coordinator Ronda Stegmann is leading the $8.1 billion
RETS Associates Enters Residential Real Estate Sector
Despite setbacks in certain locales, the real estate industry has bounced back from many of its problems in recent years. But a dire need for executive talent in the field still remains. In particular demand, recruiters say, are executives who survived the last downturn and who now have a vision for better times ahead. To
Signium Add New Member Firm in Paris
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Signium, for one example, is continuing to expand with the recent addition
ALC Launches Service to Help Build In-House Executive Search Teams
London-based human capital consultancy ALC has launched a new advisory firm designed to help hiring organizations build their own in-house executive search function. “There has been a definite trend over the last few years toward hiring organizations building their own in-house executive search functions in order to achieve substantial cost savings,” said Tim Connolly, founder
Onstott Group Finds CEO for Women’s Health USA
The Onstott Group, a Wellesley, MA-based search firm, has placed the chief executive officer for Women’s Health USA (WHUSA). Goran Dragolovic, a 30-year veteran of the healthcare services field, comes to his new role from Optum (previously Surgical Care Affiliates), where he was senior vice president of practice growth and transformation. Leading the search was
Kirby Bates Associates Leading CNO Searches for Medical Centers
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
ADP Acquires WorkMarket
Roseland, NJ-based ADP has acquired WorkMarket, a cloud-based workforce management solution provider that allows companies to build and manage an integrated workforce across W-2 employees, 1099 contractors, vendors and other types of workers. Financial terms of the deal were undisclosed. With the acquisition, ADP builds on its current portfolio of payroll and human capital management
Academic Career & Executive Search (ACES) Adds Higher Education Veteran
West Hartford, Conn-based Academic Career & Executive Search (ACES) has expanded with the addition of Charles J. Fey as an executive search consultant. Dr. Fey retired after a noteworthy 44-year career in student affairs and student success. He held a number of positions including: president for student engagement and success at the University of Akron, VP for
CEO Confidence in the Economy at All-Time High
A record-breaking number of CEOs are optimistic about the short term economic environment, according to PwC’s 21st annual survey of CEO sentiment. Fifty-seven percent of business leaders said they believe global economic growth will improve in the next 12 months. That’s almost twice the level of last year (29 percent) and the largest increase since PwC began asking
Milwaukee Brewers Tap Turnkey Search to Fill VP HR and CFO Roles
Sports and entertainment recruitment firm Turnkey Search has been enlisted by the Milwaukee Brewers professional baseball team to lead its search for both a vice president of human resources and chief financial officer. The VP of HR is expected to establish the Brewers’ HR function as a fully-integrated, highly communicative and innovative internal resource, said Turnkey. The
Heidrick & Struggles Shuffles Leadership
Moving ahead with the restructuring plans that it revealed last month, Heidrick & Struggles has announced a series of changes to its leadership team. The moves are keeping in step with president and CEO Krishnan Rajagopalan’s past remarks and his statement in January that the firm was “in the process of examining every aspect of
Howe-Lewis Seeking Development Officers for New York-Based Non-Profits
Virtually every industry needs top-drawer chief development officers. After all, CDOs play a key role in planning, coordinating and administering capital campaigns, corporate giving and galvanizing new donors while keeping old funders content. Implementing funding strategies that “keep the lights on,” according to recruiters specializing in the function, is job one. Howe-Lewis International was recently selected
Kingsley Gate Names Senior Partners
Executive search firm Kingsley Gate Partners has expanded with the additions of Jim Thompson, Victor Kleinman and Alison Woodhead as senior partners. Dr. Thompson brings more than three decades of experience in consulting to Kingsley Gate. He specializes in applied research. He has designed and developed instruments to help companies with executive evaluation and placement, organizational assessment and strategic
Companies Adjust to Candidate-Driven Job Market
Businesses are bolstering efforts to improve the workplace experience, fueled in part by record-low unemployment and a spike in business confidence, according to a recently released report by Randstad Sourceright. Based on a global survey of more than 800 C-suite and human capital leaders, the “2018 Talent Trends Report” found that 51 percent of employers
Korn Ferry Names Chief Marketing Officer; Heidrick & Struggles Sheds CMO Role as Part of Restructuring
Chief marketing officers are playing increasingly vital roles at executive search firms as search outfits continue to expand into new lines of business and evolve their brands. Korn Ferry, a leader in the talent space, has just added Jill Wiltfong as its new chief marketing officer. She will be responsible for global brand and marketing
Development Guild DDI Seeks Major Gift Officers for Three Diverse Charities
For not-for-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 major gift officer become all the more critical. Simply
Tyler & Co. Leading CEO Search for GI Specialists of Georgia
Executive search firm Tyler & Company has been selected by GI Specialists of Georgia, a gastroenterology healthcare practice, to lead its search for a new CEO. Senior consultant Hallie Banker is leading the assignment. The CEO is accountable for management of all GI Specialists clinic operations, ancillary services and ambulatory surgery centers, including strategic planning for the
Simon Pollock & Co. and Sucherman Group Form Alliance
London-headquartered executive search firm Simon Pollock & Co. and New York-based Sucherman Group are partnering to help one another serve clients in their respective across-the-pond markets. Both firms are dedicated to finding leaders in the media and entertainment space. “My global clients are all looking to do more business in the U.S. and I couldn’t
Recruit Group Holdings Integrates Recruiting Brands
In an effort to enhance the breadth of its recruiting services across Asia, RGF Hong Kong, a subsidiary of Tokyo-based Recruit Holdings Co. – owner of global jobs platform Indeed – plans to integrate its seven brands into three service brands: RGF Executive Search, RGF Professional Recruitment and RGF HR Agent. The change takes effect
