DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Creating Purpose in the Workplace
The U.S. labor market has undergone various changes since March of 2020. From historical wage growth to a shift in worker habits, today’s economy is much different from what it was just a few years ago, according to a new report from Executives Unlimited’s Tomilee Tilley Gill. Still, with ongoing inflation and repeated interest rate hikes
ZRG Partners Acquires SEBA International
ZRG Partners has acquired SEBA International, a retained executive search firm focused on finance, risk, marketing, and revenue roles. Financial terms of the deal were not disclosed. “We are excited to welcome SEBA to the ZRG family,” said Larry Hartmann, CEO of ZRG. “Their client-focused method is a perfect fit with our own. We think that
Executive Search Firms Shatter Growth Records According to Hunt Scanlon Media
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.
Cook Silverman Search Seeks New Leader for Morgan Autism Center
Greenbrae, CA-based Cook Silverman Search has been retained by the Morgan Autism Center in San Jose, CA, to lead its search for a new executive director. Victoria L. Silverman, managing founder, is heading the assignment for the non-profit-focused search firm. Morgan Autism Center seeks an experienced, visionary, dynamic, and passionate executive director to lead the
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?
The Rise of the Great Counteroffer
Most people have heard about the “Great Resignation” or the “Great Reshuffle,” but Grey Search & Strategy, among other search providers, say many organizations are now experiencing what they call the “Great Counteroffer.” The number of counteroffers has increased over the last year as employers are throwing everything they can (money, incentives, titles, etc.) at
Caldwell Recruits Chief Commercial Officer for PRT Growing Services
Jay Millen and Jeff Freeborough of Toronto-based Caldwell recently assisted in the recruitment of Collin Phillip as the new chief commercial officer of PRT Growing Services. Mr. Phillip was previously country manager, Canada for AgVend. In this role, he was responsible for building out the Canadian-based team for this leading B2B agtech company. He was accountable for supporting
CarterBaldwin Recruits Chief Growth and Strategy Officer for Feed the Children
CarterBaldwin Executive Search has assisted in the recruitment of Colleen Ridenhour as chief growth and strategy officer of global non-profit Feed the Children. “After an extensive global search, I am thrilled to welcome Colleen to our organization,” said Travis Arnold, president and CEO for Feed the Children. “She is an exceptional leader who has the
Kevin Chase Tapped by Los Angeles Center for Law & Justice to Find New Leader
Los Angeles-based Kevin Chase Executive Search Group has been enlisted to find the next executive director for the Los Angeles Center for Law & Justice (LACLJ). Leading the assignment are Kevin Chase, managing partner, and Catie DiFelice, senior consultant. The executive director will assume primary operating and oversight responsibility for LACLJ and will work closely with board, staff,
Odgers Berndtson Boosts Plan to Expand in Spanish Speaking Countries
Executive search firm Odgers Berndtson has boosted its strategic plan for Latin America with an expansion into Spain. The firm currently has offices in six Latin American countries: Argentina, Brazil, Chile, Mexico, Peru and Uruguay. The incorporation of Spain into Odgers Berndtson’s strategic plan for LATAM was signed at the London headquarters by Kester Scrope, CEO of
For Diverse CEOs, Progress Comes Slowly
Despite an overwhelming percentage of executives who consider diversity to be more important to their organization than it was just three years ago, the number of both women and racially and ethnically diverse CEOs among the Fortune 100 remains low at roughly one in four, according to the “Route to the Top 2022” report recently released
HR’s Strategic Role in a Time of Inflation/Contraction
Despite election year gloom and doom assertions, gross domestic product in the second quarter of 2022 was revised higher and consumer sentiment moved up a bit as well. Q2 corporate profits rebounded (rising 6.1 percent in the quarter, after falling 2.2 percent in Q1), headline and core inflation moderated slightly, and two new regulations (the
Lindauer Places Chief Advancement Officer for Deerfield Academy
Lindauer recently assisted in the recruitment of Charles “Chuck” Ramsay as chief advancement officer for Deerfield Academy, a Massachusetts co-educational preparatory school. The assignment was spearheaded by Libby Roberts, senior vice president, and consultant Chandra Montgomery. Mr. Ramsay brings over 27 years of experience in the advancement profession to his work at Deerfield and, as
Sportsology Group Assists Atlanta United FC in Recruiting New CEO
New York City-based Sportsology Group has placed Garth Lagerwey as the new president and chief executive officer of Atlanta United FC, a Major League Soccer (MLS) team based in Georgia. Mr. Lagerwey, most-recently general manager and president of soccer of the professional soccer league’s Seattle Sounders and a former general manager for Real Salt Lake
Jobplex Names Four New Partners
Jobplex, the Chicago-based partner company of DHR Global, has named four new partners – Shea Jaenicke, Steve McClellan, Jill Pantano, and Kara Rae Linn–to its ranks. Mr. Jaenicke, based in Los Angeles, joins the firm in the advanced technology practice group. With more than a decade of experience in search, he works primarily with founders
Bigger is Not Always Better When Selecting a Search Firm to Partner With
Senior leadership hires can make or break an organization. Various studies show that the failure rate of executives coming into new companies is 30 to 40 percent after 18 months. In a hiring market, like the one we’re currently experiencing, finding a true game-changing leader is extremely challenging. Furthermore, making a hiring mistake is extremely
The Evolving Path to the C-Suite
No matter what you call it, the challenge is the same. Executives across all industries have been resigning at higher-than-expected rates, making it harder to attract, recruit and retain been-there-done-that talent. While many predicted a gap in leadership development and subsequent succession, no one anticipated the pandemic’s acceleration of resignations and market disruptors, according to
Furst Group Recruits Chief People Officer for Oregon Health & Science University
Executive recruitment firm Furst Group, which serves the healthcare and insurance industries, recently assisted in the placement of Qiana Williams as the first executive vice president and chief people officer of Oregon Health & Science University (OHSU). “I would like to extend a sincere thank you to the 100+ OHSU members who participated in an extensive
Slone Partners Recruits Chief Business Officer for 1910 Genetics
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,
AIMS International Creates Defense and Security Industries Group
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
HireQuest Acquires MRINetwork’s 252 Franchise Offices
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,
Storbeck Search / Diversified Search Group Seeks President for Boston University
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
ON Partners Recruits Chief Revenue Officer for Seeq Corp.
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
Frederickson Partners Recruits VP of People for Sirona Medical
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 Expands Financial Services Practice
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
4 Steps to Avoid Making a Bad Hire
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
Preparing for Shorter CEO Tenures
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
DRiWaterstone Human Capital Seeks New Leader for Chesapeake Bay Commission
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
Reilly Partners Recruits Chief Economist for Nationwide
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 Opens Office in Miami
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
How Critical Roles Drive Value
Inevitably, whether through inflation, supply chain disruptions, global political turbulence, or some other force beyond our control, change hits—suddenly and without warning. When this happens, insightful CEOs need to pivot towards the must-do work and the must-have roles connected to that work. This practice will enable precision in any business transformation but is especially important
Will the Great Resignation Cause a Pay Gap?
For years, numerous companies have been trying to close the gap in pay for women and men who perform the same job. The effort has taken years for many organizations, along with threats of lawsuits and public pressure to bring women to parity, according to a new report from Korn Ferry. But just when many
Lindauer Recruits CEO for Solar One
Lindauer has assisted in the recruitment of Stephen Levin as the new chief executive officer of Solar One. CEO Deb Taft led the search along with assistant vice president Terri Rutter. “Stephen’s passion for the environment, leadership experience and deep commitment to working to improve communities make him an excellent choice to lead Solar One,” said Sara
Storbeck Search/Diversified Search Group Tapped to Lead Hunt for President of Hampton University
Higher education-focused search firm Storbeck Search, part of the Diversified Search Group, has been enlisted to find the next president of Hampton University in Hampton, VA. The assignment is being led by Shelly Weiss Storbeck, global education practice lead and managing director; Jeffrey Alston, senior associate; and Lisa Solinsky, senior associate. The expected start date for this position
SeekOut Secures $115 Million in Funding
SeekOut has announced a $115 million series C funding round led by Tiger Global Management. The round values the Seattle-based company – an artificial intelligence-powered talent search engine – at more than $1.2 billion. “The Great Resignation remains top of mind for both employees and employers as we enter 2022,” said Matthew Merker, research manager, talent acquisition
Mogul Inks Diversity Talent Deal with Avery Dennison
Recruitment platform and executive search firm Mogul recently inked a deal with Avery Dennison Corp., a manufacturer of labeling products and functional materials. Using Mogul’s talent acquisition platform, Avery Dennison will source and hire diverse talent, with access to more than 430 million diverse candidate profiles. Avery Dennison was recognized in 2020 by Forbes as one of
Talent Retention & Recruitment Strategies for Turbulent Times
The upheaval that began on March 11, 2020, resulted in dramatic ripple effects in all industries – including, of course, those that ensure a safe, secure and abundant food system. Supply chain disruptions, labor shortages, implementation of safety equipment and protocols, and stay-at-home orders upended standard operating procedures and forced on-the-spot decision making, according to
Egon Zehnder Retained by Thomas Jefferson University and Jefferson Health
The board of trustees of Thomas Jefferson University and Jefferson Health has tapped Egon Zehnder to lead a national search to find the next chief executive officer of Jefferson. The search comes after Stephen K. Klasko announced his retirement last year. “Egon Zehnder is the world’s largest privately held leadership advisory firm,” Jefferson said in a statement. “The
Slone Partners Recruits CFO for InterVenn Biosciences
Recently, life sciences-focused search firm Slone Partners placed Brian Hogan as chief financial officer of InterVenn Biosciences. “Brian Hogan is an extremely smart and innovative financial executive with a track record of success throughout his career in the life sciences,” said Tara Kochis-Stach, president of Slone Partners. “He brings energy, passion and vision to the InterVenn leadership team
The McCormick Group Opens New Office in Houston
The public sector is in the midst of major transformation. It faces an array of challenges that range from shifting public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale,
SmartRecruiters Appoints Chief Marketing Officer
SmartRecruiters has named Mark Jewett as chief marketing officer. He brings more than 20 years of experience in technology, products, strategy, marketing and operations. He will oversee all aspects of global marketing including product marketing, demand generation and branding. “Mark has a strong track record of creating and executing strategies to take products to the next level,” said Jerome
The Lasting Power of Agile Transformation
Since the start of the COVID-19 pandemic, agility went from business buzzword to absolute necessity, with leaders forced to trust their instincts in order to help their businesses survive and keep employees safe in the face of myriad challenges. But now that things are becoming more normal, you’re faced with yet another impossible task: striking
JM Search Assists VSBLTY Groupe Technologies Recruit New CTO
JM Search, a senior-level talent provider serving private equity investors, portfolio companies and Fortune 1000s, recently assisted in the recruitment of Gary A. Gibson as the new chief technology officer for VSBLTY Groupe Technologies Corp. He succeeds Tim Huckaby who resigned in December. Partners Bill Borkovitz and Bill Hogenauer led the assignment. “We are excited to welcome
Greenwood / Asher & Associates Seeks President for Lincoln University
Miramar Beach, FL-based executive recruitment firm Greenwood /Asher & Associates has been enlisted to find the next president of Lincoln University in Jefferson City, MO, the nation’s first degree-granting Historically Black College and University. Spearheading the assignment is Marion Frenche, practice leader for diversity, equity and inclusion, and senior executive search consultant. “This position is an opportunity
Gladstone Group Names Leader of Strategic Growth Consulting Unit
Gladstone Group, a Conshohocken, PA-based executive search firm and M&A advisory for RIAs, asset managers, broker/dealers, fintech companies and institutions, has appointed Derek Bruton as senior managing director. He will lead Gladstone’s strategic growth consulting division and support the executive search and M&A advisory businesses as well. Mr. Bruton will work with RIAs, broker/dealers and other wealth
Jobless Claims Jump 230,000 as Omicron Surges
The Labor Department reported that 230,000 Americans have filed new claims for state unemployment benefits, an increase of 23,000 from the previous week’s unrevised level of 207,000. The four-week moving average was 210,750, an increase of 6,250 from the previous week’s unrevised average of 204,500. The advance number for seasonally adjusted insured unemployment during the
CEO Succession in Healthcare
The stakes of a chief executive officer transition are always high, but the risks of succession are increasing as healthcare systems grow in size and complexity and operate in increasingly dynamic conditions. Based on current trends, a new Spencer Stuart report says that it is expected that more than 80 percent of hospital CEOs will
3 Insights for Leaders on the Importance of a Personal Connection in 2022
As one of the world’s largest consumer-focused private equity firms, L Catterton has helped guide their portfolio companies on how to adopt effective skills to manage both the significant shift in consumer habits as a result of COVID-19, and the ways in which leadership can drive internal connectivity with employees. In a recent discussion, Jeff Weiser, operating
The Christopher Group Places Head of HR at Nordson
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
Buffkin / Baker Seeks General Counsel for University of Missouri System
Executive search firm Buffkin / Baker has been chosen to recruit the next general counsel for the University of Missouri (MU) in Columbia. Leading the assignment is Martin M. Baker, managing partner. Last month general counsel Steve Owens announced his plans to step down in March. Board curator chair Darryl Chatman appointed a search committee, which
Society Launches Board Practice Focused on Placing LGBTQ+ Professionals
Global search firm Society has launched a board practice focused of placing LGBTQ+ directors on the boards of private and publicly traded companies. “This effort is directed to meet the immediate needs to diversify corporate boards and give an inclusive voice to the underrepresented LGBTQ+ community,” the search firm said. “By building a database of self-identified
Advancing Black Leadership at the Board and Executive Level
Black executives have largely not been afforded the same opportunities in tech start-ups and venture capital, according to Daversa Partners. To answer the call, the search firm has established Dreamscape to address the issue by focusing on industry-wide equity and transformation. By working in partnership with CEOs, founders and investors who are committed to making
Savage Partners Appoints COO
Savage Partners, a boutique executive search firm serving the technology sector, has named Kenneth Vancini as its new chief operating officer. “We are thrilled to welcome Ken to Savage Partners,” said Todd Savage, managing director and co-founder of the firm. “His extensive industry experience and expertise will help us continue to serve our clients with
Odgers Berndtson Tapped to Fill Posts for 2032 Olympic Games
Odgers Berndtson has been appointed to find five independent directors, including the president, to serve on the organizing committee for the 2032 Olympic and Paralympic Games in Brisbane. Federal Minister for Sport Richard Colbeck said a “rigorous recruitment process will ensure an unparalleled line-up of board directors working in the best interests of Queenslanders and all Australians.”
Seattle University Picks Diversified Search Group | Koya Partners to Recruit CHRO
Diversified Search Group | Koya Partners has been enlisted by Seattle University to find its next vice president for human resources and chief human resources officer (CHRO). Managing director Beth Schaefer and search associate Holly Bogo are leading the assignment. “Seattle University seeks an innovative, experienced, and collaborative leader to serve as its next vice president for human
Eton Bridge Partners Names Managing Partner
Executive search, consulting, and interim management provider Eton Bridge Partners has expanded with the addition of Steve Deverill as managing partner. “As I move to non-executive director, I am extremely proud of what we have collectively achieved since establishing the business in 2010,” said Ashton Ward. “We have always been focused on our reputation, delivering results for
The Importance of Leadership Teams in Portfolio Companies
The global private equity market boomed across fundraising, acquisitions and exits in 2021, buoyed by cheap financing, vast monetary and fiscal stimulus, and the resulting increases in share and private capital market prices. In total, $1.17 trillion of deals were recorded between January and September 2021 – more than in any year since 2015, according
Hanold Associates Seeks Head of People for Autograph
Chicago-based Hanold Associates HR & Diversity Executive is seeking a head of people for Autograph, a leading platform for NFTs co-founded by NFL quarterback Tom Brady. Jason Hanold, Mayank Parikh and Eleanor Tetreault are leading the assignment. “Autograph is rapidly growing, bringing a unique and innovative platform to a revolutionary new market that is quickly
Cejka Search Seeks New Leader for Lake Regional Health System
Cejka Search was recently selected to help recruit a new CEO for Lake Regional Health System in Osage Beach, MI. The assignment is being led by Mark Madden, the recruitment firm’s executive vice president and managing principal. Reporting to Lake Regional Health System’s board of directors, the CEO will lead the health system in strategic, operational, and
Quick Leonard Kieffer Seeks Chief People Officer for FirstHealth of the Carolinas
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, it is the chief people officer who typically goes beyond overseeing its people policies. The focus instead is on building talent as a key
ON Partners Appoints Three Partners
ON Partners has named Sean Cantarella, Nina McMaster and Alex Pelak as partners. They will support ON Partners’ growth in several sectors, including consumer, life sciences and healthcare, technology, industrial, fintech, gaming, insurance tech, aerospace and defense, and business services. “We’ve seen tremendous growth across the board over the past year, particularly in CEO, board and C-level searches,” said Tim
5 Hiring Insights from Executive Recruiters
We are currently in a taxing recruiting environment for employers. How should you react? This morning the Labor Department reported 10 million open jobs and a record ratio of openings to hires. “Add to this a blur of emotions felt as employees and leaders face return-to-work deadlines, childcare concerns, and the Delta variant, and we have
