DAILY NEWSWIRE - TOP STORIES
What are the key value-drivers for operating executives when both exit values and resignation rates are at all-time highs?
“New normal” is a phrase encompassing the innovative world of working from home and spending less time in a traditional office setting. Since the...
The global workplace upheaval wrought by COVID-19 has seen employers scramble to play catch-up as the world emerges from the pandemic...
Over the past six months, Summit Leadership Partners’ Heather Gordon has had numerous intelligent and successful CEOs approach her for coaching to help determine if they should let someone on their team go. It’s a tough decision, particularly amidst the Great Resignation and the difficulties of hiring the right talent. “But even before our current economic
Top-drawer chief revenue officers are commonly found at start-ups and smaller businesses and tend to the bottom line while the rest of the C-level team expands key partnerships, seeks growth opportunities, or sources funding. That is changing. Larger businesses now view the CRO post as an essential, long-term role. In one recent search, executive search firm.
Hunt Scanlon Media has released its annual rankings of leading executive search firms. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2021, a result of pent-up demand for executives and their key reports.
Life sciences-focused search firm Slone Partners has placed Patrick Genestin as chief business officer at 1910 Genetics, a biotechnology company integrating artificial intelligence (AI), computation, and biological automation to accelerate the design of small molecule and protein therapeutics. “Patrick Genestin is an extremely accomplished, passionate, and respected business leader with a penchant for establishing strategic partnerships, attracting new investment,
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 search consortium AIMS International is expanding its industrial global practice to with the creation of a defense and security industries group led from France by Nicolas J. Rogier, managing partner France. AIMS said that Mr. Rogier’s mission is “to engage with the industry’s large groups and SMEs on their specific recruitment and talent management and to offer them the
Acquisitions and consolidations continue to make news in the recruiting industry, with a number of notable purchases in recent months. The latest: HireQuest Inc., a NASDAQ-traded national franchisor of on-demand, temporary and commercial staffing services, has entered into a definitive agreement to acquire certain assets of MRINetwork, a global executive recruiting network headquartered in Delray Beach,
Higher education-focused Storbeck Search, part of the Diversified Search Group, has been selected by Boston University (BU) to lead in its search for its 11th president. Robert Brown recently announced that he will retire as president at the end of the 2022–2023 academic year. The assignment is being led by Shelly Weiss Storbeck, global education practice lead and managing
Daniel Bolger and Jake Espenlaub of ON Partners have helped to place George Skaryak as chief revenue officer of Seeq Corp., a provider of manufacturing and industrial internet of things advanced analytics software. “This is an exciting time of growth for Seeq, and we’re thrilled to add a sales leader with a proven track record of growing SaaS businesses
Executive recruiters are in hot pursuit of chief human resource officers and other senior-level HR leaders across the nation. Why such pent-up demand for top flight HR experts? Corporate leaders want HR leaders who are sophisticated, proactive and strategic-minded, with strong business savvy to drive their people capabilities like they would a P&L, according to
ZRG Partners has added Allen Brady back to the firm’s consumer and commercial banking practice. He also joins their global financial services, technology, and industrial practice groups. Mr. Brady has more than two decades of executive search experience and a personal track record of over 300 senior-level searches completed. He previously served with ZRG from 2017
The clock is ticking the minute the deal closes. How quickly can you execute on the value creation plan and work toward your new private equity backer’s investment thesis? Every portfolio company CEO then must ask the critical related question: Do I have the right team to make that happen? “Data we collect and analyze in our work
Like it or not, there’s a new leadership reality coming. The post-pandemic period has brought permanent changes and challenges to the U.S. workforce, including condensed CEO leadership tenures. For boards and executive leadership teams, the time to prepare is now, says BroadView Talent Partners in a new report. Baby Boomers, those born between 1946 and
Arlington, VA-based DRiWaterstone Human Capital has been enlisted to find a new executive director for the Chesapeake Bay Commission. The executive director of the Chesapeake Bay Commission reports directly to the leadership and members of the commission. This executive provides visionary leadership and strategic policy oversight to commission members and staff. The ED also participates at the
Chicago-based executive search firm Reilly Partners has assisted in the recruitment of Kathy Bostjancic as their new senior vice president and chief economist at Nationwide. Ms. Bostjancic succeeds recently retired, former chief economist David Berson. She is the second person and the first woman to be named chief economist at the company. “This was another fantastic search with
Cornerstone International Group, a global executive search and leadership development firm, has opened a new office in Miami. Cornerstone Miami will be led by managing director, Raul Coz and regional chairman, Diego Cubas. This office will serve as a hub joining the U.S. and Latin American markets, reinforcing Cornerstone’s presence in 12 countries in the Americas. The new
Globally, there is a severe talent shortage in the cybersecurity job market. The World Economic Forum (WEF) recently reported a shortage of 3 million cybersecurity professionals around the globe. Furthermore, Cybersecurity Magazine, recently revealed that there will be 3.5 million open positions in cybersecurity by 2025 due to the global workforce shortage. The lack of
Talent acquisition strategies at many large companies have become as complex as their balance sheets. And while chief human resource officers play a vital role in overseeing an organization’s broad-based workforce, the chief people officer typically goes beyond overseeing its people policies. The focus instead is on building talent as a key competitive advantage, with
Seattle, WA-based Reffett Associates has been enlisted to help fill a series of key senior executive roles in technical and hard-to-fill positions for the federal government. Already this year Reffett has assisted the U.S. Army Material Command at the Redstone Arsenal in Huntsville, AL with recruitments for three highly qualified expert (HQE) positions. To be
Executive recruitment firm Anthem Executive recently assisted in the recruitment of James Mauldin as vice chancellor and chief financial officer the Texas Tech University System (TTU System). He succeeds Gary Barnes, who announced his retirement earlier this year after a 45-year career, which included serving the TTU System as vice chancellor and CFO for more than five
Executive search firm Solomon Page has announced the national expansion of Clinical Resource Network (CRN) with the addition of Josh Greenthal as senior vice president, national accounts. “This growth represents a new stage of our evolution,” said Aly Schlosser, who co-founded CRN in 2002. “We are thrilled to welcome Josh to our team and are confident he
Not since 2002 and the passing of the massively consequential Sarbanes-Oxley Act, when the Security and Exchange Commission (SEC) required America’s boards of directors to appoint chief financial officers and form audit committees, has there been such a critical impending change to board skill-sets and reporting. The SEC has once again identified a serious gap
Today’s members of the C-suite have a special responsibility to help mold the leaders of the future. In a new report, Signium’s Matthew Dallisson looked into what attributes are needed in next generation leaders, and how to develop them. “Clients engage Signium to enhance the NextGen leadership in their own organizations by identifying a pipeline of
ON Partners recently assisted in the recruitment of Doug Hart as the new CEO for Royal House Partners (RHP), a CPS Capital-owned provider of residential HVAC, plumbing and electrical services. Partners Baillie Parker and Matt Mooney led the assignment. “We are thrilled to have Doug join the RHP team,” said Jason Fenn, partner at CPS Capital. “Doug is an incredible leader
Williamsport, PA-based higher education executive search firm RPA Inc. has been involved in the recruitment of a new president for Slippery Rock University (SRU). William Behre, who has led the school since 2018, announced in February that he plans to retire, effective June 30, 2023. Dana John Cohick and Kendra Mozug are leading the assignment. The search firm has
ZRG Partners has opened a new office in Dubai which will be led by Natalie Sleiman, managing director and EMEA lead for the firm’s professional and technology services practice. The firm now has team members positioned in key global markets on five continents. “UAE is a crucial financial and cultural hub,” said Larry Hartmann, CEO of ZRG. “Our
Toronto-based Caldwell posted Q4 revenues of $35.9 million (Canadian), a 11.6 percent decrease from a year ago. Full year revenues rose by 31 percent, from $119.5 million last year to $156.2 million. Financial results include those of IQTalent Partners, Inc. “This was an exceptional year in our firm’s history, as we shattered previous records for revenue and
In an era of increasing artificial intelligence, automation. and digitization, the importance of traditional reference checking as a risk management mechanism cannot be understated. A recent report from NGS Global’s Steve Lavelle, Mark Lelliott, and Fernando Zavala looks at why it is so fundamental to hiring success, and provides helpful tips for ensuring that your process
Philadelphia-based executive search firm Juno Search Partners LLC, has been acquired by NFP, a property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. Financial terms of the deal were not disclosed. Co-founders Mikal C. Harden and Vicki Sack will join NFP as senior vice presidents. “I’m beyond excited to welcome Mikal, Vicki,
Today’s chief product officer is responsible for all product-related matters, and the role is growing in demand, according to executive recruiters who place them. The position typically includes product conception and development, production, innovation, and project and product management. In many IT/ telecommunications companies, the position includes release management and production. Chief product officers generally work on
“Disruptive” has, in the wake of tech-speak’s infiltration of our everyday speech, taken on a positive connotation: industry “disruptors” are shaking things up in creative, future-oriented, and highly profitable ways. According to the report from ZRG Partners, it has not, however, lost its older, negative, connotation: the pandemic has been broadly disruptive at every level
CarrSports Consulting has placed Drew Ingraham as the new senior associate athletics director for external affairs at Furman University in Greenville, SC. Mr. Ingraham previously served as associate athletics director for marketing, communications, and creative services at Texas Tech University. “Drew brings a wealth of knowledge, experience with several collegiate athletics programs, and a vital
HireQuest Inc., a NASDAQ-traded national franchisor of on-demand, temporary and commercial staffing services, has entered into a definitive agreement to acquire Northbound Executive Search in New York City. Founded in 2010, Northbound provides executive placement and short-term consultant services primarily to blue chip clients in the financial services industry. The firm generated over $15 million
Eliot Partnership, a global insurance sector executive search firm, has opened an office in Sydney, Australia, its sixth location, which will be led by Graeme Young. “We all wish Graeme the best of luck in Australia and in all of his efforts within Ricarda’s Asia-Pacific team,” said Andrew Eliot, founder and managing partner of Eliot
Companies of all types are dealing with talent shortfalls across the spectrum. But private equity firms, in particular, are navigating a perfect storm of landing high impact talent in arguably the tightest labor market seen in decades. Hiring key leaders has never been more critical for many high growth portfolio companies, yet a spike in
ON Partners recently assisted in the recruitment of Brian Wenngatz as the new CEO of Sentera, a global provider of digital insights to agriculture products manufacturers and distributors, and enterprise food companies. ON Partners consultants Jeff Hocking and Tindall Hein led the assignment. “After an exhaustive search process, the board, the team and I couldn’t be happier to welcome Brian as CEO
Arlington, VA-based executive search firm Development Resources inc. (DRi) has been enlisted to find a chief executive officer for HealthWorks for Northern Virgina, a non-profit community health center. Nancy K. Racette, co-founder and chief operating officer, is leading the assignment for the search firm. HealthWorks seeks an engaging CEO possessing unquestioned integrity to lead the overall operations of the
Robert Half International Inc./(NYSE:RHI) posted full-year revenues of $6.46 billion, up 15 percent from $5.11 billion the prior year. The Menlo Park, CA-based recruiting company posted fourth quarter revenues of $1.77 billion, a decrease of 36 percent. For the year ended Dec. 31, 2021, net income was $599 million, or $5.36 per share, on revenues of $6.461 billion. For the year ended Dec.
Coming out of a global pandemic, executive search consultants are seeing an increase in hiring mandates from just about every corner of the globe. To meet 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. EMA Partners
As the ramifications of COVID-19 continue, broad and lasting changes to the workplace have advanced a more integrated approach to talent management built around culture. Organizations that used to synchronize their talent to corporate vision, core values and strategic objectives are now aligning people around purpose. And for good reason: Building sustainable cultures in the
Daversa Partners, which helps build leadership teams for growth and venture-backed companies, has assisted in the recruitment of Andreas Lieber as chief business officer of Shippo in San Francisco. Daniel Marr led the search for Daversa Partners. “Building long-term, strategic partnerships with the platforms that enable today’s E-commerce ecosystem is paramount to achieving our vision for the future
Irvine, CA-based search firm McDermott + Bull has placed Richard Pimentel as chief financial officer at Community West Bank. He will serve in this capacity for both the bank and the holding company, and he will oversee both accounting and finance, as well as investor relations. He succeeds Susan Thompson, who recently transitioned to SVP, interim SEC reporting manager. The search
New York-based Work&Partners has been called in by Toppan Merrill to lead the search for a chief technology officer. Founder and president Alan Work is leading the assignment. The chief technology officer is the top leadership role reporting directly to the Toppan Merrill president and is the recognized technology expert who will be expected to provide
Chicago-based executive search firm DHR Global has appointed Tim Wiseman as a managing partner in its leadership consulting practice. He is based in Hong Kong and heads the firm’s leadership consulting services in the APAC region. “Tim is a skilled facilitator and coach who drives impact with his clients,” said Christine Greybe, president of DHR Leadership Consulting.
The Great Resignation has become the moniker for two phenomena – increased numbers of employees quitting their jobs voluntarily (usually to take on another job elsewhere), and a sense of a looming wave of attrition driven by COVID-era induced burnout and disengagement within the workforce, according to a new report from Russell Reynolds Associates’ Thomas
Globalization, digital disruption, financial markets, low-cost country sourcing, customer service pressures and, above all, COVID-19 have transformed supply chain from a tactical function into a strategic one, say recruiters. As speed to market, fulfillment rates and a global footprint become competitive advantages, companies need supply chain leaders with the right mix of business and financial
New York City-based The Bachrach Group’s digital division has separated from its parent company to form a standalone company, SourceLab Search. Key leaders of the new entity are senior vice presidents James Schindler and Max Siegman, who were originally brought together at The Bachrach Group. Mr. Schindler had been national managing director of sales and
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has placed Matt London as the new director of global talent acquisition at STERIS. The search was led by managing director Pam Noble and recruiting director Kat Kilkenney. “We were honored to be selected to fill this strategic role at STERIS,” said Ms. Noble. “Mr. London will
The Labor Department reported that 260,000 Americans have filed new claims for state unemployment benefits, a decrease of 30,000 from the previous week’s revised level. The previous week’s level was revised up by 4,000 from 286,000 to 290,000. The four-week moving average was 247,000, an increase of 15,000 from the previous week’s revised average. The
Executive recruiting firm True Search has assisted in the recruitment of Dan Park as the new chief executive officer of Imperfect Foods, a sustainability-minded online grocer. Todd Zangrillo and Kristin Godfrey, co-leaders of the firm’s consumer practice, led the assignment along with senior associate James Rigano. “Dan is a perfect fit for the Imperfect Foods CEO role,” said Mr. Zangrillo.
San Diego, CA-headquartered executive search firm Bespoke Partners has appointed Prakash Patel as chief financial officer. “We are delighted to welcome Prakash, with his extensive track record in driving strategic initiatives and growth for a wide range of organizations,” said Kristie Nova, CEO of Bespoke Partners. “He brings us a rare combination of finance acumen and business
R. William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted the University of South Carolina in the hiring of Michael Amiridis as its 30th president. Former president Bob Caslen recently retired. R. William Funk led the recruiting effort, personally interacting with the candidate pool, and reporting directly to the search committee
London-based executive recruiting firm SRI has been chosen to find the next chief executive officer for Rugby Canada, the national governing body of the sport of Rugby Union in Canada. Managing partner David James is leading the assignment. SRI was selected for its track record of complex global sport CEO appointments involving multiple stakeholders and
Oak Brook-IL-based WittKieffer has launched a diversity, equity, and inclusion (DE&I) suite of services and named Philip Burton as the practice’s leader. “The introduction of these services further advances WittKieffer’s commitment to placing and developing qualified, diverse executive leaders in the industries in which the company serves and helping clients to create and maintain leadership cultures that are inclusive and
January is always a great time to reflect and to look ahead. Among the many problems faced over the last 12 months, top-level search strategies have had to adapt to change. “2021 has posed many challenges for organizations: continued restrictions, persisting uncertainty, managing hybrid workforces and closed borders,” said a new report from the International Executive Search Federation (IESF). In its
The chief information officer is considered one of the most strategic roles in any organization. Still, head hunting within the function remains challenging, as skilled C-suite IT professionals are among the toughest to find. Recently, CarterBaldwin Executive Search assisted in the recruitment of Wade Lowder as chief information officer for Denver-based fertility service CCRM Fertility
Non-profit specialist recruitment firm Development Guild DDI has been enlisted to find the next executive director and chief executive officer the AKC Museum of the Dog in New York City. Kieran McTague, senior vice president and director, New York, is spearheading the assignment. The new leader will be responsible for the management and supervision of the day-to-day
Manhattan Beach, CA-based De Forest Search recently recruited Vienna Downes as the new senior director of licensing and sales at Dr. Suess Enterprises, a children’s entertainment company committed to caretaking Theodor Seuss Geisel’s (Dr. Seuss) legacy. As a global entertainment leader, Ms. Downes brings a progressive career in the toy and entertainment space to Dr. Seuss including Warner Bros.,
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has announced new leadership appointments in the Asia-Pacific and Middle East region. These include regional practice managing partners in Asia-Pacific and the Middle East for the global technology and services practice and the CEO and board of directors practice; country manager for Australia; and partner-in-charge for Singapore. “As organizations continue to navigate a course
One constant about private equity is that the landscape is always changing. For some, those changes can lead to obsolescence; but for those with vision, change is an opportunity to unlock new opportunities for alpha returns, according to a new report from Upwork. “One relatively slow-moving change? The differentiating levers that a PE firm can
Hudson Gate Partners recently recruited Allan Smith as the first chief people officer for Mogo, a NASDAQ-traded digital payments and financial technology company in Vancouver, British Columbia. Daryl-Lynn Michaud led the assignment. “We’ve been fortunate to attract and build an outstanding team at Mogo, and we’re excited to have Allan lead our people efforts going forward as we look
HealthSearch Partners recently placed Davin Turner as the next chief executive officer of Maury Regional Health, a three-hospital health system located in Columbia, TN. This project was managed by senior principal and co-founder Barry Cesafsky with the assistance of chief operating officer Laura Conley. Together they worked closely with the eight-member Maury board of trustees,