DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Atlanta Fed Retains Heidrick & Struggles for President/CEO Search
Leadership searches for top roles within the Federal Reserve system rarely come to market, making them highly visible assignments within the executive search industry. When they do, institutions often turn to globally recognized firms to help identify candidates with the experience and credibility required to guide regional monetary policy organizations. One such search is now
Jobplex Acquires Her Scout
Jobplex, the Chicago-based partner company of DHR Global, has acquired Her Scout, a boutique recruiting firm that specialized in early and growth-stage technology startups, and named its founder, Amy York, a partner in the firm’s advanced technology practice. The acquisition expands Jobplex’s capabilities in emerging technology and founder-led businesses, particularly among small, scaling companies that build leadership teams
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.
BrainWorks Grows Legal Practice
Warren, NJ-based executive search firm BrainWorks has named Rachel Chandler as director of legal recruitment. “With nearly two decades of experience spanning law, legal recruitment, and business development, Rachel brings an exceptional depth of expertise and a unique perspective to our team,” Brainworks said in a LinkedIn post. “From practicing corporate law to leading legal recruiting teams,
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?
Excel Search & Advisory Leading Search for Next WNBA Commissioner
The WNBA has begun the search for its next commissioner as the league prepares for a leadership transition at the end of the year. The NBA has retained Excel Search & Advisory, formerly Nolan Partners, to identify a successor to Cathy Engelbert, according to The Athletic. The assignment comes as the league continues to experience
Bryant Group Fills Senior Position for Wabash College
Dallas-based executive search and talent development firm Bryant Group has placed Tyler J. Wade as dean for enrollment management at Wabash College. Mr. Wade, a 2012 Wabash graduate, has served as interim dean since June. This follows a nationwide search led by the firm’s president Chris Bingley. “One of the things that made him stand out in the field
Kaye/Bassman Completes Top Search for Vornado Realty Trust
Plano, TX-based executive search firm Kaye/Bassman International (KBIC), a Starfish Partners company, has recruited Elisa Young as executive vice president, head of retail leasing at Vornado Realty Trust, one of the most prominent owners and managers of commercial real estate in Manhattan. Managing partner Scott Huey led the assignment. For Huey and Kaye/Bassman, this placement underscores the importance of specialized executive
Leathwaite Continues Partnership with St Marylebone School
London-based executive search firm Leathwaite is continuing its long-standing partnership with St Marylebone School in London, supporting students as they prepare for the next stages of their academic and professional journeys. The firm said the program is part of its community engagement efforts and reflects its commitment to social mobility and widening access to opportunity. St
Hunt Scanlon Media and Simsola AI Launch Survey on the Last Mile of Executive Search
Executive search firms are under growing pressure to bring greater consistency and transparency to how finalists are evaluated and recommendations are made. As AI and new technology move deeper into the search process, firms are also rethinking how interview feedback is captured, how candidates are compared, and where experienced consultant judgment should carry the most
Investigative Diligence Moves Earlier in Executive Search
Executive hiring decisions increasingly carry reputational, financial, and governance consequences that extend well beyond a candidate’s resume. As a result, boards, investors, and search committees are placing greater emphasis on understanding the broader context behind an executive’s track record before making a final decision. That shift is giving investigative diligence a more prominent role in
Carpenter Legal Search Recruits General Counsel for Spirax Group’s Electric Thermal Solutions Division
Carpenter Legal Search, Inc. has recruited Matthew Simonds as general counsel of the Electric Thermal Solutions (ETS) division of Spirax Group, a global industrial engineering company. “Matt stood out throughout the search process because of his combination of legal sophistication, strong business judgment, and ability to serve as a true strategic partner to leadership,” said Lori Carpenter,
Kincannon & Reed Assists Stokes Seeds with Chief Commercial Officer Search
Kincannon & Reed (K&R), which exclusively focuses on food, agribusiness, and the related life sciences, has helped to recruit Andy Paston as chief commercial officer of Stokes Seeds, a leading North American supplier of vegetable seed serving commercial growers across the United States and Canada. “Andy brings a strong combination of agricultural expertise and commercial leadership,”
Chartwell Partners Recruits President and CEO for Eagle Bancorp
Dallas, TX-based executive search firm Chartwell Partners has assisted in the recruitment of Stephen Curley as president and chief executive officer of Eagle Bancorp, Inc., the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington, D.C. area. The appointment followed an extensive board evaluation and search of internal and external candidates.
Egon Zehnder Examines the Great AI Divide Reshaping Private Equity Leadership
Private equity firms are moving quickly to determine where AI can create the greatest advantage across portfolio operations and investment strategy. As adoption accelerates, firms are rethinking what kind of AI leadership they need and where those roles should sit. That shift is beginning to reshape talent strategies across the PE market. Over the past
DHR Global Acquires Life Sciences-Focused Discovery Search Partners
Talent advisory firm DHR Global has acquired Discovery Search Partners, a retained executive search firm focused on the life sciences industry. Financial terms of the deal were not disclosed. Bill O’Callaghan of Discovery Search Partners will join DHR as managing partner and Don Evans will join as partner, while Brian Evans will help build out the life sciences vertical
The Lancer Group Recruits CHRO for Liquidity Services
La Jolla, CA-headquartered search firm The Lancer Group recently assisted in the recruitment of Karen Fascenda as chief human resources officer of NASDAQ-traded Liquidity Services. Chairman and CEO Bill Angrick highlighted Ms. Fascenda’s strong track record of aligning talent strategies with business growth. Ms. Fascenda, in turn, described Liquidity Services as a proven market leader with significant
SearchWide Global Recruits Chief Sales Officer for the Nashville Convention & Visitors Corp
SearchWide Global has placed Cahal Mowery as chief sales officer of the Nashville Convention & Visitors Corp (NCVC). Kellie Henderson, global head of destinations, led the assignment. “Cahal brings the experience, leadership and energy we need to continue Nashville’s success as a leading meetings, group and events destination,” said Deana Ivey, president and CEO. “His work in
Riviera Partners Expands in APAC Region
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded it the APAC region with the addition of Gaurav Dev Burman as a partner based in Bengaluru. In this role, Gaurav will advise boards, CEOs and investors on technology leadership searches across India and the APAC region. “Gaurav
Standing on the Shoulders of the CHRO: Shaping the Modern Workforce Era
As organizations confront rapid technological change, workforce disruption, and mounting pressure to build stronger leadership pipelines, the role of the chief human resources officer continues to expand. Today’s CHRO is expected to help shape business strategy, guide organizational transformation, and ensure companies develop the talent, culture, and leadership needed for long-term success. At the same
Resource Management Group Assists U.S. Oral Surgery Management with CFO Search
Resource Management Group (RMG), an executive search firm specializing in CFO placements, recently helped to recruit Jennifer L. Ellis as CFO of private-equity backed U.S. Oral Surgery Management (USOSM). “Congratulations to Jennifer Ellis on her appointment as chief financial officer at US Oral Surgery Management,” RMG said in a LinkedIn post. “Thank you to Doug Drew,
RH Perry & Associates Seeking CFO for Metropolitan Community College
RH Perry & Associates has been retained by Metropolitan Community College, Kansas City, Missouri (MCCKC) to lead in its search for a new CFO. The assignment is being led by senior consultant Joanne Bashford and Paul G. Doeg, president and chief operating officer. The CFO provides strategic leadership and executive oversight for the College’s financial stewardship, long-range planning,
Heidrick & Struggles Launches Performance Culture
Heidrick & Struggles recently launched Performance Culture, a new solution that integrates the firm’s existing culture shaping capabilities with the purpose-driven transformation expertise of businessfourzero, the next-generation consultancy acquired by Heidrick in 2023. “Today’s leaders are simultaneously navigating AI-driven transformation, margin pressure, and the need to build more agile organizations in an increasingly uncertain environment,”
The International Executive Search Federation Elects First Woman President
The International Executive Search Federation (IESF) has elected Adelina Rosca, managing partner of Rosman Talent Solutions (RosMinds), as president of its global network. She became the first woman and the first leader from Eastern Europe to lead the organization since its establishment in 2002. Ms. Rosca takes over this month from Gertjan van de Groep of
The Hidden Cost of Getting the CEO Decision Wrong
Russell Reynolds Associates’ latest report, The CEO Decision: How PE Investors Select and Reassess Leaders from Entry to Exit, puts numbers behind one of private equity’s most important human capital questions: how much does the CEO decision matter to investment performance? The answer is significant. Russell Reynolds Associates notes that top-quintile portfolio company CEOs generate
DSG Global Retained by Ronald McDonald House for Inaugural Global Chief Financial & Administrative Officer Search
DSG Global has been retained by Ronald McDonald House to recruit its inaugural global chief financial & administrative officer (CFAO). The search is being led by Cheryl Stevens and Claire Hunt. This executive will play a pivotal role in shaping the future of a global System spanning 250 Chapters across 61 countries and regions. This newly expanded
Isaacson, Miller Tapped by Dartmouth College for CIO Search
Boston-based Isaacson, Miller has been retained by Dartmouth College to lead in its search for a chief information officer. Becca Kennedy is leading this search with Kristen Andersen and Ryan Smillie. The CIO will oversee enterprise technology, cybersecurity, research computing, enterprise systems, and business transformation while providing strategic guidance on technology governance, resource allocation, operational resilience, and emerging
Calibre One Names Co-Leader of Global Real Estate Practice
New York City-based Calibre One has named Rebecca Wilson as a partner in the firm’s financial services practice. Based in New York, she will also co-lead the global real estate practice alongside managing partner David Schumer. “Rebecca combines decades of senior experience in financial services with a strategic consultant’s perspective and a proven track record
Amplified People Group Acquires Higher
Amplified People Group, the people services specialist that supports technology companies from inception to initial public offering (IPO), has acquired Higher, the executive search firm that specializes in AI and engineering leadership hires. Financial terms of the deal were not disclosed. The acquisition addresses the pressing demand for AI talent and brings more specialized expertise into
Unlocking Competitive Advantage with Interim Executives
In today’s dynamic economic environment, both investor-backed and public companies are reconsidering how they add senior talent. “In my 15+ years of experience in the interim space, I’m now seeing a significant shift: companies are increasingly embracing senior interim or fractional executives not just as a temporary fix, but as a strategic alternative or complement
Leadership Strategies for Challenging Times
Non-profit leaders face unique challenges in today’s world. From financial and broader economic uncertainty to changing policy and evolving societal needs, the pressure to deliver meaningful change during a period of insecurity can feel immense, according to a recent report from DHR Global. Within these challenges lie decisions for leaders to make as they determine
Focus Search Partners Continues Expansion
Focus Search Partners, the executive search division of talent solutions provider Vaco, has brought aboard Richard D’Antoni as managing partner of the firm’s healthcare and private equity practices. Mr. D’Antoni has more than 20 years of experience in matching high-performing executives with leading healthcare companies, ranging from venture capital and private equity-backed portfolio companies to publicly held organizations.
Executive Search Industry Leaders Offer Up Bold Predictions
Predicting the future could practically be its own business sector. Whether the prognostications are coming from the Magic 8-Ball, Punxsutawney Phil or CNBC’s Jim Cramer, people want to know what lies ahead. So it was that Hunt Scanlon Media rounded up a collection of soothsayers from the search industry to provide their insights about the changes that
Odgers Berndtson Continues Aggressive Growth
Odgers Berndtson has expanded with the addition of two search specialists with deep sector expertise to bolster its technology, and higher education & academic medicine practices. Lisa Hooker joins Odgers as a partner and will serve clients in the firm’s technology practice. Ms. Hooker brings 20-plus years of executive search expertise in telecommunications, consumer electronics, cloud
ZRG Partners Expands to London
ZRG Partners, the fastest growing search firm in the U.S., has opened an office in London, continuing on its massive expansion trajectory. Steve Banks will head the operation as managing director and U.K. country head, bringing a strong background to support the firm’s plans for the region. By the end of the year, ZRG expects to
Spencer Stuart Strengthens Leadership Advisory Group
With an evident need among client companies growing and an opportunity to expand ancillary services offerings to meet that demand, a number of executive search firms are launching or adding to their leadership consulting advisory practices. This month, Spencer Stuart announced three appointments to its leadership advisory services group in Europe, the Middle East and Africa (EMEA). Brought on board
Isaacson, Miller Finds Seventh President for Juilliard
Executive search firm Isaacson, Miller has placed Damian Woetzel, a renowned former principal dancer for the New York City Ballet, as the seventh president of The Juilliard School. For the last 32 years, Joseph Polisi has served as the organization’s president. Isaacson, Miller chairman John Isaacson led the search with vice president Sheryl Ash and associates Katie Rockman and Cortney
Executive Recruiters Set New Milestones In Latest Rankings
The executive search industry’s leading 50 players in North America topped $3 billion in revenues last year, according to industry newsletter ESR, in a market report released today by Hunt Scanlon Media. The group collectively jumped by almost 10 percent, continuing an incredible run for an industry that just a decade ago was left reeling
USA Gymnastics Taps Russell Reynolds Associates for CEO Search
After putting out an open casting call for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer, Russell Reynolds Associates has taken the rings of this highly coveted sports assignment and commenced a highly anticipated global talent search. Managing director Nada Usina is leading the undertaking with consultant Libby Naumes. The
Wheless Partners Lands CEO for Fulcrum Health
Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. This has led to an increased need for recruiting firms to deliver top-drawer leaders throughout the sector. To that end, search firm Wheless Partners has recently placed Patricia Dennis as chief executive officer of
CDI Posts 20 Percent Q1 Revenue Decline; Possible Sale Looms
CDI Corp. / (NYSE:CDI) posted first quarter revenues of $187.6 million, a decrease of 19.7 percent from revenues of $233.5 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Limited (“Anders”), which was sold in September 2016. During the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.3 million, a 7.1 percent decline, compared
AIMS International Expands to Norway
AIMS International has added Norway-headquartered search firm RUUD Executive. The firm is led by managing partner Tor-Egil Ruud, who has over 17 years of experience in recruitment, executive search, and leadership services from several national and international market-leading companies. He has conducted over 250 national and international assignments. “This partnership is very important for us: We are now able to
Retaining New Hires Now Seen As a Critical Issue
Retaining new hires is on the minds of leaders at the vast majority of companies these days, according to a recent report by Korn Ferry’s Futurestep division, which provides advisory services and recruitment services for middle to upper level management. Ninety percent of the executives surveyed, in fact, said this is an issue for their companies. What’s more,
Arts Consulting Group Finds New Leader for Chicago Youth Symphony Orchestras
Celebrating its 70th anniversary this season, Chicago Youth Symphony Orchestras (CYSO) has appointed Susan Lape as executive director, following an executive search process led by Arts Consulting Group (ACG). She succeeds former executive director Joshua Simonds. Ms. Lape most recently served as executive director of the Lake Forest Symphony, the only fully professional orchestra in Lake County, IL. Since 2012,
Search Firms Team Up to Recruit Martial Arts Leader
ATA International, which promotes and teaches the martial arts, has chosen Neil Morton as its new chief executive officer. Search firms LH International of New York, and ASCENT Select Talent Capital of Greensboro, NC, worked cooperatively on the assignment. ATA International, formerly the American Taekwondo Association, is based in Little Rock. With more than 950 licensed locations around the
Stanton Chase Names Diversity & Inclusion Practice Leader
Leaders at the best companies know that diversity matters. Not only are the firms that pay attention to such matters rewarded with better financial returns, but they gain perspectives and insights that would otherwise be lost to them. Well aware of this trend, Stanton Chase International has appointed Becky Heidesch as a director and North American diversity &
Cobalt Recruitment Appoints CEO
There have been a number of top leadership appointments at search firms since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: Executive search firm Cobalt Recruitment has named James Wakefield as its new chief executive officer. Mr. Wakefield joined Cobalt in 2007 coming from the management team at Michael Page
Creating a Millennial Feedback Loop In the Workplace
Now that Millennials make up more than half of the American workforce, HR professionals are increasingly concerned about how to best cater to their workplace needs. Talent acquisition leaders recommend everything from nontraditional employee benefits like telecommuting and flexible leave to glamorous team retreats to help managers bolster their Millennial appeal. Problem is, it’s not working. Millennials
AGB Search Tapped to Find Iowa State President
As the academic year winds down, a number of colleges and universities across the country are already preparing for September. For many of them, that means opening searches that will deliver new, high profile leaders to take them into a new era of fundraising, digitalization, sports and, more often the case, globalization. Among the latest, the Iowa
Spencer Stuart Leading CEO Search for ITV
ITV chief executive, Adam Crozier, who led a turnaround at the broadcaster, is stepping down at the end of June from his role and from the company’s board after seven years. The U.K. commercial TV network has turned to Spencer Stuart to find his replacement. In his seven years at the helm, Mr. Crozier turned around the
Vetted Solutions Makes West Coast Expansion
Executive search firm Vetted Solutions LLC has expanded with the addition of Catherine Brown as vice president for West Coast operations. She will join the firm in Los Angeles as a search partner, leadership consultant and interim executive. Ms. Brown brings to the firm a deep knowledge of both association and philanthropic organization management. Most recently, she served as president of
Hydrogen Group Acquires Argyll Scott
The wave of merger and acquisition activity among executive search firms overseas continues. The latest deal: U.K.-based executive search firm Hydrogen Group has acquired Argyll Scott for £3.3 million. Together, the combined firms will deliver recruitment services across multiple functions, industries and countries. The acquisition allows Hydrogen to accelerate international growth plans and benefit from greater strength and depth
Women Not Having Career Conversations On Advancement
Women are underrepresented in industries that anticipate the greatest growth in jobs — engineering, technology, architecture and mathematics. But they are overrepresented in office and administration positions, sectors most threatened by digitization, automation and robotics. That’s why, recruiters report, that it’s vital for women to be open to discussions about developing their skill sets and other
More Search Firms Forming Advisory Boards
BarkerGilmore, a New York-based boutique executive search firm specializing in building corporate legal and compliance teams, has formed an advisory board of 12 former general counsel and chief compliance officers. This team, many of whom have served in Fortune 500 companies, is charged with providing advisory and leadership development services, complementing the firm’s core recruiting business.
Neumann Executive Search Seeking CHROs for Two Universities
Chief human resource officers (CHRO) have made big strides as strategic game changers and sounding boards for CEOs. The best ones, in fact, are now critical C-suite players. These days, clients of all kinds around the country are demanding such talent, and that’s sending recruiters off in hot pursuit. The latest: Neumann Executive Search Partners has been
DHR International Fills Chief Research Post at Akron Children’s Hospital
DHR International has placed Dr. Michael Kelly as chief research officer of Akron Children’s Hospital. Scott Sette, North American leader of the firm’s healthcare services & solutions practice, led the search. In his new role, Dr. Kelly will oversee the Rebecca D. Considine Research Institute and research activities conducted enterprise-wide, directing the process to define the vision, clinical trial
GatenbySanderson Bolsters Leadership Development Services
U.K.-based executive search firm GatenbySanderson has named Matt Gascoigne as chief operating officer as well as Anthony Surley and Kate Pearlman-Shaw as partners. The additions build upon the firm’s efforts to bolster its leadership and organizational development consulting services. Mr. Gascoigne has almost 20 years of professional recruitment experience working with clients from both public and private
USA Gymnastics Puts Out Casting Call to Search Firms
An open casting call is underway for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer. The organization has been without a CEO since Steve Penny resigned in March because of allegations that he and USA Gymnastics failed to properly address claims of sexual abuse against member coaches and Larry
D. Hilton Associates Leads Searches for Credit Union CEOs
These are critical days for credit unions. The industry boasts of nearly 6,000 federally insured credit unions in the U.S., with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief
The Newport Group Appoints IT Practice Leader
Demand for top technology executives continues to gain momentum. According to the Bureau of Labor and Statistics, CTO hiring is predicted to grow by 18 percent by 2022. This has led executive search firms to add recruiters that specialize in the evolving technology sector. Among the latest, The Newport Group, based in Encinitas, CA, has named Nicki
Waverly Partners Find New CEO for Norman Chamber of Commerce
Executive search firm Waverly Partners has named Scott Martin as the new president and chief executive officer of the Norman Chamber of Commerce in Oklahoma. Past CEO John Woods left the organization this past November. Debbie Galbraith, managing director and principal at Waverly Partners, led the assignment. Mr. Martin will report to the board of directors and is responsible for
IRC Names New Americas Leader
IRC Global Executive Search Partners (IRC) has named Tom Berray, managing partner of Cabot Consultants, as its new Americas leader. He takes over from Jane Lyons, managing partner of Rhodes Associates, who stepped down from the role after two years as the IRC Americas regional leader. Mr. Berray has worked in executive search for more than
