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Executive Search Continues Its Confident Climb As Transformation Takes Center Stage

The executive search sector is entering a new phase of growth as demand for leadership talent continues to accelerate across key industries. Hunt Scanlon’s latest report shows the market expanding alongside a broader shift toward more strategic, intelligence-led hiring approaches. As transformation...

Where The Next Trillions Will Be Won Among Executive Search Firms

The next phase of global competition will not be won evenly. New research from McKinsey Global Institute suggests that economic value creation over the coming decades will be concentrated in a small number of fast-moving, capital-intensive ‘arenas’ where execution errors can compound quickly. Richard Stein, CEO of HSiQ – a Hunt Scanlon Company – examines...

The New Engine of Executive Search: How Hunt Scanlon Is Powering a Productivity Revolution

As the executive search industry confronts growing pressure to deliver consistent, high-level performance, recruiting firms are rethinking how their consultants are trained and developed. To that end, Hunt Scanlon and its HSiQ talent intelligence advisory unit last week began rolling out a new Recruiter Performance Training Program designed to bring greater...

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recruiting

Greenwood Asher & Associates Leading Provost Search for the University of Cincinnati

Executive recruitment firm Greenwood Asher & Associates was recently retained by the University of Cincinnati (UC) to lead in its search for executive vice president for academic affairs and provost. Andriel Dees and Julie Schrodt are leading the assignment for the search firm. This is a remarkable opportunity to help shape the next phase of UC’s strategic direction

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Maven Partnership Announces Promotions and Role Changes

Global talent advisory firm Maven Partnership has announced several promotions and role changes. “At Maven Partnership, we’re committed to the growth and development of our people, so I’m proud to see so many of our team members step into new roles this year,” said Will Hannaford, CEO of Maven Partnership. “Congratulations all – here’s to another exceptional year.”

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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.

recruiting

ADK Consulting & Executive Search Recruits CFO for SkyCity

ADK Consulting & Executive Search has helped to recruit Basil O. Dosunmu as the new CFO of SkyCity, a purpose-built consortium for the transformative U.S. Virgin Islands Port Authority (VIPA) Airports.  Linda Frankl, director, senior practice leader, led the assignment. Mr. Dosunmu brings more than 30 years of financial and executive leadership experience, with extensive

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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?

partners

Stevenson Search Partners Names Head of Life Sciences Tools and Services

Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has named Allen Reed as partner and head of life sciences tools and services. “Allen’s breadth of experience will be a key asset to Stevenson,” said Kris Steen, president, executive search at Stevenson Search Partners. “His

partners

Spencer Stuart Expands CEO and Board Advisory Capabilities Around Succession and Value Creation

Spencer Stuart has strengthened its global CEO and board advisory offering with the appointment of Colin Graham as global head of its board and CEO practice and with additions of Sandy Ogg and Chris Gagnon. “CEOs and boards face an increasingly complex leadership agenda where creating value depends on connecting the right leaders to the most

recruiting

Funk Associates Retained by Troy University to Assist Chancellor Search

Funk Associates has been retained by Troy University to lead in its search for a new chancellor. The Troy University board of trustees has appointed a 14-member search committee. Gibson Vance, president pro tempore of the board of trustees, will chair the committee, which includes representatives from the board of trustees, senior administration, faculty, the

recruiting

TalentRise Assists the Buffalo Center for Arts and Technology with CEO Search

TalentRise has assisted in the recruitment of Denise Harris as president and CEO of the Buffalo Center for Arts and Technology (BCAT). The search follows the planned retirement of the organization’s current CEO, who has provided dedicated leadership to BCAT and its community mission for nearly 10 years. “Denise stood out early in a thorough search, and it

recruiting

Lochlin Partners Recruits CHRO for Communities Foundation of Texas

Lochlin Partners has placed DeLancey Johnson as chief human resources officer of Communities Foundation of Texas (CFT). “Delancey brings new perspective, experience, and leadership to CFT as we continue building a culture that supports our mission and our staff experts,” said Wayne White, president and CEO of Communities Foundation of Texas. “His depth of experience leading

partners

HTP Group Expands in Europe and Transatlantic Markets with Four Partner Appointments

HTP Group has expanded with the additions of  François Carloni, Diego Chinnì, Sandrine Lebouc, and Chloë Sonnois as partners. These appointment marks a significant milestone in HTP Group’s international growth, strengthening its capabilities across France, Italy, and Switzerland, while establishing its first-ever dedicated bridge to the North American market. “We are thrilled to welcome Chloë, Diego,

Fractional CHRO vs. Interim HR Leader: Key Differences and When to Hire Each

As organizations grow, restructure, prepare for investment, or navigate leadership change, many realize they need experienced HR leadership – but not always in the same way. That’s where fractional CHRO and interim HR solutions come in, according to a recent Talent Connections report. “While these terms are often grouped together, they solve very different business

recruiting

Greenwood Asher & Associates Leading General Counsel Search for Illinois State University

Miramar Beach, FL-based executive recruitment firm Greenwood Asher & Associates (GA&A) was recently selected by Illinois State University to lead in its search for a general counsel. Kyle Pybus-Jerome and Jim Johnsen are leading the assignment. Reporting directly to the president and serving as a member of the president’s cabinet, the general counsel will serve as the University’s chief

ESGI Potomac Recruits CFO for MTSI

ESGI Potomac recently assisted in the recruitment of Ashutosh Gokhale as executive vice president and CFO of Modern Technology Solutions, Inc. (MTSI). “We welcome Ashutosh Gokhale as our new executive vice president and chief financial officer,” said Kevin Robinson, MTSI president and CEO. “As MTSI continues its growth trajectory, Ashutosh’s leadership, financial expertise, and strategic perspective

performance

Marovi Targets Executive Search’s Evaluation Gap With AI-Driven Platform

Atlanta-GA-based Marovi has shared details of its market momentum and customer experience. Core to Marovi’s success is its proprietary evaluation intelligence engine, which weights every candidate against role-specific requirements and generates scorecard comparisons and curated shortlists before the interviewing process commences. Executive search has long been a high-stakes, challenge-filled endeavor, where misalignment can cause significant disruption. Ensuring

partners

Parker Remick Appoints Partner

Seattle, WA-based Parker Remick has expanded with the addition of Amy Lewis as partner. Kevin Williamson, founder of Parker Remick, believes technology leadership has become one of the defining competitive advantages for large enterprises. “Technology leadership has never carried greater responsibility than it does today,” he said. “Every board is evaluating how AI, product innovation, and engineering capability

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trends

From Performance Reviews to People Intelligence: Rethinking How Organizations Assess Talent

Performance management is increasingly moving beyond a once- or twice-a-year exercise as organizations look for more timely insight into how leaders and teams are actually performing. For search and talent leaders, that shift is creating new opportunities to use people data more strategically in decisions around succession, development, retention, and leadership readiness. As companies place

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millionways and Waxell Form Alliance to Bring Behavioral Intelligence to AI Governance and Agent Observability

millionways, the behavioral intelligence layer for the human-agent workforce, recently formed a strategic partnership with Waxell, an AI governance and agent observability company. The alliance was formed to help enterprises govern, observe, and improve AI agents operating in high-stakes human environments. As enterprises move from copilots to autonomous and semi-autonomous agents, AI systems are being given

trends

How to Build a Perpetual CEO Succession Pipeline

CEO succession planning is increasingly being treated as a continuous leadership priority rather than a process that begins only when a departure is announced. With chief executives serving for a relatively limited period compared with the lifespan of most organizations, boards are under growing pressure to build deeper pipelines, develop internal talent, and maintain visibility

recruiting

Slone Partners Recruits CEO for Perspectum

Life sciences-focused search firm Slone Partners has placed Warren Cresswell as CEO at Perspectum, an Oxford, England-based precision health company that delivers non-invasive solutions to accelerate drug development and improve patient outcomes in liver and cardiometabolic disease. “Warren brings an exceptional combination of global leadership experience, commercial expertise, and deep knowledge across diagnostics and precision health,” said Leslie

recruiting

Anthem Executive | Anthem Academics Assists Texas A&M International University with Director of Athletics Search

Anthem Executive | Anthem Academics has assisted Texas A&M International University (TAMIU) with the recruitment of director of athletics. Michael Ballew, Scott Watson, Mike “JR” Wheless, and Florene Stawowy led the assignment. “We are excited to welcome Tyler to Texas A&M International University and to join our Dustdevil family,” said University president Christopher Maynard. His commitment to the academic

trends

The Invisible Month in Executive Recruitment: The Overlooked ROI of Shortlist Due Diligence

Executive search firms are under growing pressure to protect both client outcomes and their own reputations as leadership decisions become more visible and consequential. That has put greater focus on when risk is identified in the search process, not simply whether it is identified at all, and on how earlier diligence can help firms avoid

trends

AI Moves Deeper Into Executive Search Workflows as Innova Heads to Chicago

Artificial intelligence is moving quickly from experimentation into the day-to-day work of executive search firms, but adoption remains uneven across the industry. As search leaders evaluate a growing number of tools, many are looking for practical examples of where AI can improve research, business development, search delivery, and operations without compromising judgment or quality. The

recruiting

JDG Associates Retained by SPIE to Lead CEO Search

Rockville, MD-based executive search firm JDG Associates has been selected by SPIE, the international society for optics and photonics, to lead its search for a new CEO. The Bellingham, WA-based society, the premier global organization advancing light-based research and technologies, seeks a strategic, globally minded executive to succeed CEO Kent Rochford, who will depart in February

recruiting

CIO Partners Seeking Chief Information Officer for Resideo

CIO Partners was recently tapped by Resideo to lead in its search for a new chief information officer. This executive is responsible for defining and executing the enterprise technology strategy that enables innovation across connected home products, digital services, and global distribution operations at Resideo Technologies. This leader ensures that enterprise technology platforms, cloud infrastructure, and

partners

DSG Global Appoints Managing Directors

DSG Global has expanded with the additions of Kris McFeely, Chris Clarey, and Scott Murray as managing directors. Ms. McFeely, who joins the firm’s nonprofit and social impact practice, brings more than two decades of executive search experience to the team. She specializes in identifying and recruiting exceptional leaders for mission-driven organizations. Drawing on experience across

trends

U.S. M&A Accelerates as Buyers Raise the Bar

EY-Parthenon’s September Merger Monthly points to continued momentum across the U.S. M&A market. Through August, deal value for transactions above $100 million reached approximately $2.2 trillion, up roughly 48 percent year-over-year, while volume increased 23 percent. Momentum remained strong from June through August, with deal value rising 23 percent and volume advancing 22 percent from

trends

Why the Best Job Offer Is About More Than Salary

A higher salary can make a new job attractive, but compensation alone does not always tell candidates whether an offer is truly better. According to a recent report from NPAworldwide, recruiters can play an important role in helping candidates evaluate the complete package while also helping employers understand why a competitive base salary may not

recruiting

Buffkin / Baker Recruits President for Valdosta State University

Partner-led executive search firm Buffkin / Baker has assisted in the recruitment of Donald J. Green president of Valdosta State University (VSU). Partner Ann Yates and associate Dinah DeWitt led the assignment. “Don Green is a leader who knows how to deliver results, and he’s proven that time and again,” USG chancellor Sonny Perdue said. “At Gordon State, he focused on

recruiting

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

Harnessing Leadership Assessment to Select and Onboard High-Performing Executives

Choosing the right senior leaders is among the most critical responsibilities for boards of directors and their organizations. These executives define the organization’s direction, shape its culture, drive strategic decision-making, and have a direct impact on overall performance. Despite this, many organizations continue to rely on outdated selection processes, informal ‘interviews’, and gut instincts to

CES Partners Places Dr. Angela Kennedy CEO CAHIIM

CES Partners Finds New Leader for CAHIIM

Chicago-based executive search firm CES Partners has placed Dr. Angela Kennedy as chief executive officer for the Commission on Accreditation for Health Information and Information Management Education (CAHIIM), effective in October. She replaces Dr. Claire Dixon-Lee, who announced her retirement last fall after serving as the organization’s leader since 2003. Barry Cesafsky, CES Partners’ president and CEO, led

Phillips, DiPisa & Associates Opens Office in Philadelphia

Executive search firm Phillips, DiPisa & Associates has expanded with the opening of an office in Philadelphia. Founded in Boston in 1994, Phillips, DiPisa has since opened offices in Atlanta, Chicago, Los Angeles and now Philadelphia. The firm is known for its portfolio of healthcare leadership contacts across the country. Its expansion into Pennsylvania is

For Executive Search Firms, Analytics Can be a Game Changer

Big data is rewriting the script for how companies around the world do business. The market for big data and business analytics is expected to grow to $203 billion in the next three years, according to the International Data Corporation, a marketplace intelligence provider. It only makes sense that analytics should become an increasingly vital

crawfordconnect places Elizabeth Heald CEO Canadian Community Foundation

Recruiter crawfordconnect Finds CEO for Canadian Community Foundation

Executive search firm crawfordconnect has placed Elizabeth Heald as president and chief executive officer of the Kitchener and Waterloo Community Foundation (KWCF) in Ontario. Past CEO Rosemary Smith stepped down this spring. Senior search consultant Liz Latimer led the assignment. The foundation sought an individual with a history of success in a senior executive role with an innovative, outcomes-oriented

Kingfisher Talent Forms Partnership with Virdis Group

Kingfisher Talent Forms Partnership with Virdis Group

Kingfisher Talent, a Boston-based consortium for biotech executive search and leadership development, and Virdis Group, global executive search specialists in the life science and healthcare sectors, have created an alliance that enables clients to leverage the expertise and reach of both organizations. Lucy Watson-Baker, president of Kingfisher Talent, said the partnership offers clients greater opportunities for top

Heidrick & Struggles Dirk Van de Put CEO Mondelez International

Heidrick & Struggles Lands Outsider to Lead Mondelez International

Mondelez International, known for brands like Oreo cookies, Trident gum and Ritz crackers, has appointed Dirk Van de Put as its new president and CEO. The company enlisted Heidrick & Struggles to fill its top post. With the snack-food producer’s revenues declining in recent years, activist investors have been vocal in their dissatisfaction with longtime CEO and chairman

Southerland Partners Leading CEO Search for Baptist Health

As the healthcare industry continues its transformation, talent management remains a high priority. The shortage of physicians and other clinicians is one matter. But healthcare organizations must also fill new and expanding leadership roles to carry out strategic initiatives in response to reform efforts, and whatever changes Republicans in Washington, D.C. may deliver. This has

Stanton Chase Hans Nilsson Aviation & Aerospace Leader

Stanton Chase Names Aviation & Aerospace Leader

Stanton Chase International has appointed Hans Nilsson as aviation & aerospace global sector leader. He will work out of the firm’s offices in Zurich and Miami. “Miami has emerged as one of the world’s leading aviation centers,” said Juan D. Morales, global practice leader for the executive search firm’s supply chain, logistics & transportation practice

Personio Raises $12 Million In Funding

Personio Raises $12 Million In Funding

Investment dollars continue to pour into new technology designed to change the talent management game. Personio, the German HR management and recruiting platform, has raised $12 million (€10.5 million) in a series A round from investor Northzone. With the influx of new money, Personio is looking to push its software-as-a-service (SaaS) product in an effort

Elinvar places Scott Levitan CEO of Research Triangle Foundation

Elinvar Lands CEO for Research Triangle Foundation

Executive search firm Elinvar has placed Scott Levitan as CEO of the Research Triangle Foundation, which manages an eminent North Carolina research park known as Research Triangle Park (RTP). He succeeds Bob Geolas, who left the organization last September. Elinvar’s president and CEO, Patti Gillenwater, led the search along with strategic search partner Jim Ahlerand researcher Pattie Steigerwald. In outlining

CDI Corp. Posts 25 Percent Q2 Revenue Decline

CDI Corp. Posts 25 Percent Q2 Revenue Decline; Acquisition Pending

CDI Corp. / (NYSE:CDI) posted second quarter revenues of $169.5 million, a decrease of 25.2 percent from revenues of $246.8 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Ltd., which was sold in 2016. For the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.1 million, an 8.6 percent decline, compared to prior-year

Indeed acquires Interviewed

Indeed Acquires HR Technology Company

Job-site leader Indeed has acquired Interviewed, an HR technology company that streamlines how employers identify and evaluate candidates. Financial terms of the deal were undisclosed. As part of the acquisition, all of Interviewed’s employees, including CEO Darren Nix and co-founders Daniel O’Shea and Chris Bakke, will become Indeed employees. “Indeed’s mission is to help people

DHR International places Doug Moffitt head wealth management Gibraltar Private Bank & Trust

DHR Taps Wealth Management Head for Gibraltar Private Bank

Chicago-based search firm DHR International has placed the new head of wealth management for Gibraltar Private Bank & Trust, a private banking and wealth advisory firm in Coral Gables, FL. Leading the search was Carol Hartman, the search firm’s managing partner of financial services North America. Doug Moffitt comes to Gibraltar Private from U.S. Trust,

Charles Falcone new Russell Reynolds Associates’ U.S. education practice leader

Russell Reynolds Associates Taps Rival Spencer Stuart for Education Practice Leader

Former Spencer Stuart recruiter Charles Falcone is taking over as the new leader of Russell Reynolds Associates’ U.S. education practice, which includes higher learning, academic medicine and digital education. He also becomes a member of the firm’s healthcare services team. Based in Chicago, Mr. Falcone specializes in executive search and succession planning for senior leadership across

Companies Losing Candidates From Poor Background Checks

Background checks are designed to validate candidate resumes and protect employers from negligent hiring risks, but employers should make sure they are not losing candidates because of a poor background-check experience. According to a recent CareerBuilder survey, more than a third of employers (38 percent) have seen candidates turn down a job because they had

ON Partners places Shelly Cerio SVP of Nvidia Corp

ON Partners Finds SVP Human Resources for Nvidia

Executive search firm ON Partners has placed Shelly Cerio as senior vice president of human resources for Nvidia Corp., a Santa Clara, CA-based visual computing technology firm. Partner Bryan Buck led the international search. Nvidia, considered among the hottest firms in the technology sector, was recently rated first in the Massachusetts Institute of Technology’s rankings

Norman Broadbent Group adds Dr. Paul Aldrich

Norman Broadbent Continues Expansion

U.K.-headquartered Norman Broadbent Group has further expanded its executive search practice with the addition of Dr. Paul Aldrich as managing director, financial services. Tim Hammett, managing partner of Norman Broadbent Executive Search, said Dr. Aldrich brings a combination of talents that will serve the firm and its clients well. “Paul has a huge amount of experience working

DHR International Looks at the Rise of Robotics and Its Effect On the Workplace

Will your company survive the workforce disruption triggered by the rise of the robot, powered by a new wave of artificial intelligence? The so-called Fourth Industrial Revolution, “4IR” as it is known, is upon us, and it’s the advent of robotics that promises to reshape global manufacturing as we know it. Steve Stine, DHR International’s

Berkhemer Clayton Places Ned Ford Head of Finance Harry & David

Berkhemer Clayton Places Head of Finance at Harry & David

Los Angeles-headquartered executive search firm Berkhemer Clayton has recruited former Lowe’s executive Ned Ford as senior vice president and head of finance at Harry & David in Medford, OR. Shai Phillips, vice president and head of the recruiter’s corporate practice, led the search. “The search was nationwide,” said Mr. Phillips. “And despite the scenic environs of South

Focus Search Partners Acquires Taylor Winfield

Focus Search Partners Acquires Taylor Winfield

Focus Search Partners (FSP), the executive search division of talent solutions provider Vaco, has acquired the Dallas, TX-based recruiters Taylor Winfield. Financial terms of the deal were undisclosed. With the acquisition, FSP gains a team of professionals who all have enterprise operating experience across multiple industries, including Internet/ digital media, technology/ SaaS software, consumer/ retail/ food service and business

How Job Seekers Can Cultivate a Social Media Presence and Win Big Opportunities

A growing number of employers are using social media and Internet searches to screen candidates before hiring, according to a recent poll. But that doesn’t mean job seekers should abandon their Facebook and Instagram accounts. Many of those doing the hiring, in fact, consider it a deal breaker if a prospect has no online presence,

Odgers Berndtson places Stephen Cornish CEO of David Suzuki Foundation

Odgers Berndtson Lands CEO for David Suzuki Foundation

Odgers Berndtson has placed Stephen Cornish as chief executive officer of the David Suzuki Foundation. A highly respected non-governmental organization, the foundation seeks to conserve the environment and find solutions to create a sustainable Canada through science-based research, education and policy work. Based in Vancouver, British Columbia, Mr. Cornish will join the organization in November. He succeeds

IIC Partners Continues Global Expansion

Executive recruiters are seeing an increase in hiring mandates from all over the world. To meet the demand, they are continually developing new practices, hiring new recruiters and opening new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. For instance, IIC Partners Executive Search Worldwide has made five new consultant

ENGAGE Research Identifies Top 2017 Employee Tenure Trends and a Tightening Labor Market

An already tight labor market has likely only continued to tighten over the past 18 months, an analysis of ENGAGE Talent tenure data shows. The study by ENGAGE data scientists, which covered 50 million US workers and professionals, concluded that the current median job tenure is 3.67 years. That’s six months less than the Bureau of

CDI Corp. to be Acquired by AE Industrial

CDI Corp. to be Acquired by Private Equity Group

Recruitment firm CDI Corp. has agreed to be acquired by AE Industrial Partners, a private equity investor specializing in aerospace, power generation and specialty industrial companies. AEI will acquire all of the outstanding shares of the company’s stock for $8.25 per share in an all-cash offer and follow-on merger. The agreement was unanimously approved by

Wheless Partners President Search Cleveland State U.

Wheless Partners Leading President Search for Cleveland State University

Cleveland State University (CSU) president Ronald Berkman, who since his arrival in 2009 has transformed what was predominantly a commuter school into a campus with strong partnerships, has announced his retirement. The college has enlisted Wheless Partners to find its next leader. The search will be managed by Mike JR Wheless, managing partner and division

U.S. Job Growth Continues Through Summer

Employers added 209,000 jobs last month as the U.S. unemployment rate fell slightly, to 4.3 percent, according to the most recent U.S. Bureau of Labor Statistics report. During the month, the number of workers unemployed remained at seven million. July marked the 80th straight month of job growth in the U.S. Economists had forecast payrolls increasing by 180,000 jobs

Caldwell Partners Lands Chief Development Officer for JDA Software

Executive search firm Caldwell Partners International has placed Desikan Madhavanur as executive vice president and chief development officer of JDA Software in Scottsdale, AZ. Jim Bethmann, managing partner and co-leader of Caldwell’s TMT & IT services and information security practices, led the search. Mr. Madhavanur will be responsible for the company’s product solution strategy, development and delivery.

Hudson Global Posts Small Second Quarter Revenue Gain

Hudson Global Inc. / (NASDAQ:HSON) posted second quarter revenues of $113.6 million, up 3.6 percent in constant currency from a year ago. By region, Hudson Americas led the way, recording a revenue gain of 13.7 percent while Hudson Asia Pacific had a revenue increase of 11.6 percent. Hudson Europe, meanwhile, continues to struggle, posting a revenue decrease of

Increasing Demand for Talent Spurs Steady Wage Growth

The U.S. labor market posted steady growth in wages in the second quarter, according to the newly released ADP Workforce Vitality Report. Overall, wage growth increased by 2.3 percent year over year across all industries in the second quarter of 2017 and is higher than the 1.8 percent growth in wages reported by the U.S.

HVS Executive Search Finds Three Top Leaders for Shashi Group

HVS Executive Search has placed three top-level executives for Shashi Group LLC, a hotel development and ownership company in the San Francisco Bay Area. The searches were led by HVS vice presidents Erica Arnold, who is based in Denver, and Rachel Levitt, who works out of San Diego. The assignments were for chief investment officer,

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