DAILY NEWSWIRE - TOP STORIES
Daily Newswire
N2Growth Opens Office in Milan
N2Growth, a Philadelphia-based management consulting and executive search firm, has expanded with the addition of a new office in Milan, Italy. The office will be jointly led by three global partners: Daniele Grandini, senior partner; Roberto Giacometti, managing partner; and Paolo del Conte, senior partner. “N2Growth’s strength has always been our ability to pair local reach
The CFO Talent Shortage Is Reaching a Breaking Point
According to global talent advisor ZRG, the shortage of chief financial officers and their finance teams is reaching epic proportions as we head into another busy year of executive recruiting. With market complexity increasing, CFOs are in high demand, yet the supply of qualified candidates is dwindling. This shortage is being driven by a convergence of
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.
U.S. Adds 162,000 Jobs in August as Unemployment Holds at 4.1 Percent
Employment increased by 162,000 in August as the U.S. unemployment rate remained unchanged at 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.0 million, changed little in August. Among the major worker groups, the unemployment rate for people who are Asian declined to 3.2 percent in August.
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?
WittKieffer Recruits President and CEO for the American Hospital Association
Oak Brook, IL-based WittKieffer has placed Steve Walsh as the new president and CEO of the American Hospital Association (AHA). Andrew Chastain, Paul Bohne, and Keshia Harris led the assignment. “Following a thoughtful national search, the board unanimously selected Steve Walsh to serve as the next president and CEO of the American Hospital Association,” said Marc L. Boom, chair of the AHA
Egon Zehnder Appoints Global Leader of HR Practice
Global leadership advisory firm Egon Zehnder has named Ayşe Güçlü Onur as global leader of its human resources practice. She succeeds Rafael Altavini, who helped expand the practice’s work with leaders, teams and organizations navigating transformation and change. “This appointment comes as companies and boards increasingly look to CHROs to help shape business strategy, lead transformation, build leadership
The Industry’s Profit Conversion Problem — And Why Going AI-Native is the Way Out
The recruiting industry is not short on revenue. Fee revenue at the 50 largest executive search firms in the U.S. and Americas jumped 11 percent last year, topping $6.69 billion, according to Hunt Scanlon‘s 2026 annual rankings. Across broader staffing, the picture is more muted, but revenue is still flowing. The problem is what happens
BoardWalk Consulting Leading CEO Search for the National Breast Cancer Coalition
BoardWalk Consulting was recently retained by the National Breast Cancer Coalition (NBCC) to lead in its search for a new CEO. The search is being led by Crystal Stephens and Terri Kohan. This is a rare opportunity: to lead one of the most respected and independent voices in breast cancer advocacy, building on three decades of momentum. Reporting
GHP Search Partners with Ascend Learning on Board Member Appointments
GHP Search, formerly known as Greenwich Harbor Partners, was recently tapped by Ascend Learning to assist in growing both the Ascend Learning board of directors and the Ascend Charter Schools board of trustees. New members of the Ascend Learning board identified by GHP include Robert Childs, retired EVP, strategic initiatives at American Express and Amy Mbagwu-Bagolini, a founding leader of Amazon’s Streaming TV advertising business. Richard Young Jr, director,
FMG Leading Adds Healthcare Strategy and Transformation Expert
Human capital advisory firm FMG Leading has expanded with the addition of healthcare strategy and transformation expert Doug Van Wie as managing director. The firm explained that the addition further aligns FMG Leading’s capabilities with the needs of investor-backed organizations looking to add value and mitigate risk as they deploy purpose-driven capital into the rapidly evolving healthcare system.
Caldwell Launches Global Financial Institutions Group Practice
Toronto-based Caldwell has launch its global financial institutions group (FIG) practice, bringing together the firm’s financial services capabilities under a single, globally coordinated practice. “This is more than a change in name,” said Chris Beck, chief executive officer of Caldwell. “It reflects the scale, connectivity, and depth of the practice we have built globally, as well as
M&A in the Search Industry: How Consolidation Is Reshaping Who Wins
M&A activity is becoming an increasingly important force across the executive search sector as investors and larger platforms look for opportunities to expand capabilities, sector expertise, and geographic reach. For independent firms, the trend is placing greater scrutiny on how effectively their businesses are structured, managed, and positioned for the future. Against this backdrop, search
Korn Ferry Completes Acquisition of AMS
Korn Ferry (NYSE:KFY) has completed its acquisition of U.K.-headquartered AMS from OMERS Private Equity. The combined organization brings together two highly complementary organizations across geographies and industries with a shared commitment to drive business performance. The collective firm will have more than 16,000 colleagues. In accordance with the terms of the acquisition agreement and in the
Myers McRae Helps Pensacola State College Select Finalist for President Role
Macon, GA-based Myers McRae Executive Search and Consulting has assisted Pensacola State College (PSC) with the selection of J. Alex Kelly as the finalist to become it’s next president. The committee’s recommendation followed a national search led by Kenny Daugherty of Myers McRae Executive Search and Consulting. The search attracted 107 qualified applicants from across the country. The committee selected
Potrero Group Recruits CEO for Center for Volunteer & Nonprofit Leadership
San Francisco-based leadership consulting and search firm Potrero Group has placed Karen Strolia as the next CEO of Center for Volunteer & Nonprofit Leadership (CVNL) in San Rafael, CA. She succeeds longtime CVNL CEO Linda Jacobs, who led the organization for 25 years. “The board is thrilled to welcome Karen as CVNL’s next chief executive officer,” said Luana Vaetoe,
Marovi Appoints Head of Engineering
Atlanta-GA-based Marovi has expanded with the addition of Ebubechukwu “Don” Enwerem as head of engineering. “Over the past few years, Don has had several engineering terms with Amazon Robotics – work estimated to save millions in operational costs. In between stints, he was building with Marovi. When the opportunity came to continue with Amazon, Don chose
As Executive Search Accelerates, Judgment Becomes the Differentiator
Executive search firms are under pressure to demonstrate value earlier than ever. Clients increasingly expect firms to understand the market, identify credible candidates, and begin calibrating on potential profiles before a search has even formally launched. AI and new data tools are helping firms meet those demands. Tasks that once took days can now be
Fractional vs. Full-Time Executives: The Real Math for Mid-Sized Growing Companies
As mid-sized companies grow, one of the more consequential leadership decisions is determining when fractional executive support is sufficient and when the business requires a full-time leader. A recent ExactSearch.AI report examined the economics behind that decision, finding that the answer often depends less on compensation than on the level of ownership, accountability, and organizational
Lindauer Recruits Chief Development Officer for C-SPAN
Following a national search, Lindauer has assisted in the recruitment of Adele Hixon-Day as the first chief development officer of C-SPAN. The search is being led by Lindauer vice president Maureen Huminik, senior vice president Bob Giannino, and senior consultant Taylor Beard. “Adele joins C-SPAN at a pivotal moment,” said C-SPAN CEO Sam Feist. “For decades, the cable and satellite, and recently
Pyramind Recruits President and CEO for The SkillSource Group
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Clifford Yee as president and CEO of The SkillSource Group, Inc. (SSG), fiscal sponsor of Virginia Career Works – Northern. He succeeds interim executive officer Seema Jain, following a leadership transition supported by SkillSource’s staff, board, and community partners. “Cliff has a strong
Buffkin / Baker Acquires Fortra Search
In an effort to strengthen its venture capital and private equity search capabilities, Buffkin / Baker has acquired Fortra Search, a boutique retained executive search firm focused exclusively on executive sales and revenue leadership. The firm has also named its founder Andy Grosso as partner. “We’re thrilled to welcome Andy to Buffkin / Baker,” said Jackson Ross, partner
The Role of the CFO in PE-Backed Businesses
The role of the CFO in private equity-backed businesses has shifted materially in recent years. Historically a function for financial stewardship, the CFO role is now defined by operational accountability, value creation and the ability to translate investment strategy into outcomes. A recent report from U.K.-based executive search firm The Barton Partnership (TBP). The study examined how
JDG Associates Seeking Executive Director for the National Coalition for Assistive and Rehab Technology
Rockville, MD-based executive search firm JDG Associates was recently selected by the National Coalition for Assistive and Rehab Technology (NCART) to lead its search for a new executive director. The position is remote and may be based anywhere in the United States, with proximity to the Washington, D.C. area considered a plus. NCART stands at a pivotal moment, with active,
Calibre One Assists Cibus with CEO Search
Calibre One has helped to recruit board member Craig Wichner as the new CEO for NASDAQ-traded Cibus, Inc. in San Diego, CA. Peter Beetham, who has served as the company’s interim CEO, will continue his role as the company’s president and chief operating officer. Concurrently, both Mr. Wichner and Dr. Beetham resigned from the Cibus board of directors as part
Shelli Herman and Associates Recruits CEO for OneOC
Los Angeles-based Shelli Herman and Associates has placed Bonni Pomush as the new president and CEO of OneOC. She will succeed Tim Strauch, who will remain president and CEO through December 31, 2026, before retiring from OneOC after 19 years of service and leadership. “Bonni’s record of organizational transformation, collaborative leadership, and community engagement makes her exceptionally
NPAworldwide Forms Alliance with Dimensional Search Associates
Member-owned recruitment network NPAworldwide has formed a strategic partnership with the Sanford Rose Associates family of companies, including Dimensional Search. “This partnership brings together two strong organizations with complementary strengths and a shared commitment to helping independent recruiting firms succeed,” NPAworldwide said. “For NPAworldwide, the agreement represents a meaningful extension of its mission to connect independent recruiting
Scaling Growth Through Transformative Talent
High-growth environments can compress time, magnify decisions, and expose leadership gaps in an instant. As companies move through periods of rapid expansion, the ability to build and evolve the right leadership team becomes increasingly critical to sustaining momentum and creating long-term value. Across private equity, venture capital, and technology-driven businesses, organizations are rethinking how they
Crist|Kolder Associates Recruits CFO for Allstate
Crist|Kolder Associates has recruited Christian Lown as executive vice president and chief financial officer of The Allstate Corporation. “Chris’s leadership and capital markets expertise will enable us to continue increasing Property-Liability market share and expand protection provided to customers,” said Tom Wilson, president and CEO of The Allstate Corporation. With more than 25 years of senior
Protis Global Appoints Co-Presidents
Consumer packaged goods-focused executive search and advisory firm Protis Global has named Skye Miller and Isabel Cosby as co-presidents in a planned generational leadership transition as the company positions itself for its next phase of growth. Bert Miller, who co-founded the firm in 1995, moves from chairman and CEO of Protis Global to chairman. He will continue as founder
Forces Shaping the 2025 Dealmaking Boom
The latest EY Merger Monthly forecasts an uptick in U.S. M&A activity, driven by favorable macroeconomic conditions, regulatory shifts, and an increasing appetite for strategic deals. “U.S. M&A activity is expected to build further momentum in 2025,” the report notes, “driven by falling interest rates, strong economic expansion, substantial uninvested capital, and the imperative for business transformation.”Despite
The High Cost of Picking a Wrong Leader
[Selecting a CEO is arguably one of the most vital decisions a board makes. Companies that choose the wrong leader can suffer hits to their stock price and market capitalization and lose in a variety of areas — momentum, opportunities, reputation, customer goodwill and, perhaps most importantly, trust within the organization, which can take years
Eurasia Group Taps DES Recruitment to Find CIO
[Executive search firm DES Recruitment has been selected by Eurasia Group to lead its chief information officer search. John Hodge, managing partner at DES Recruitment, is heading the assignment. “Our client is looking for an innovator and someone to help them create a digital transformation,” he said. The right CIO, said Mr. Hodge, will add more value and become more
Vanderbloemen Search Group Recruits Head of School for Westminster Christian Academy
[Executive recruiting firm Vanderbloemen Search Group has recruited Scott Davis as the new head of school for Westminster Christian Academy. Merida Brooks stepped down in June after 28 years of service to the academy as a teacher, lower school director over three campuses, founding principal of Westminster’s Lafayette Campus, instructional supervisor and, for the last nine years as head of School of
Turnkey Search Launches Executive Coaching Division
[As executive recruiters deepen their relationships in the sports and entertainment field, they’re finding clients receptive to helping them identify all sorts of talent. To that end, sports recruiter Turnkey Search has just launched an executive coaching division. Tony Ponturo, a pioneer of modern sports marketing and president and CEO of Busch Media Group, has joined
AltoPartners Adds New Member Firm in Russia
[AltoPartners, an international alliance of independent executive search firms and leadership consultants, has added Russian executive search and leadership consulting firm Excelion Partners International as its newest member firm. Excelion has been operating in Moscow since 2010 and is a niche player for international companies moving to, or operating in, Russia and for Russian companies and /or
How Employers Can Recruit and Retain Veterans
[ On this Election Day our sights turn to country, duty, and of course, voting. But we wouldn’t have what we do, and live under the protections that we have, if it wasn’t for our military service men and women. To that end, military service is probably the greatest honor that any American we can
Howe-Lewis Tapped to Lead Two Chief Advancement Officer Searches
[Executive search firm Howe-Lewis International has been chosen by Friends of the High Line and the Sundance Institute to lead their searches for chief advancement officers (CAO). Howe-Lewis, a boutique recruiting firm based in New York, serves the not-for-profit and healthcare sectors with clients ranging from education, cultural arts, healthcare, and human services organizations to membership and
Myers McRae Tapped by University of Georgia
[Executive search firm Myers McRae has been retained by the University of Georgia (UGA) to lead its search for a senior associate athletic director for development. Emily Parker Myers, chief executive officer of Myers McRae, and vice president Bobby Hope, are leading the assignment. Ms. Myers is also leading the search for director of development at the College of
Isaacson, Miller Adds Education Search Specialist
[Executive search firm Isaacson, Miller has named Ericka Miller as a vice president and partner in its Washington, D.C. office. An expert in K-12 education and education policy, Dr. Miller most recently served as chief of membership, governance, and higher education at The College Board. In 2013, she was nominated by President Barack Obama to be the
Client Volume Declines Plague CDI Corp.; Q3 Revenues Fall 10 Percent
[CDI Corp. / (NYSE:CDI) posted third quarter revenues of $220.3 million, a decrease of 10 percent from revenues of $244.7 million a year ago. The quarter included $1.5 million in revenue from EdgeRock Technologies LLC, acquired in October 2015 and now comprising CDI’s specialty talent vertical within its talent and technology solutions segment. Business Segments During the quarter, MRINetwork, the company’s executive search subsidiary,
As Talent Raids Grow, Companies Set Out to Defend Their Turf
One fourth of American businesses have experienced a surge in talent raids, but most companies have done nothing about protecting themselves. In fact, 54 percent are virtually defenseless against corporate poaching, according to a recent co-branded study by Hunt Scanlon Media and leadership advisor Marlin Hawk. And all indications are that the problem isn’t going away
Unemployment Rate Dips to 4.9%, Favoring Clinton Ascendency
[Employers added a solid 161,000 jobs last month as the U.S. unemployment rate fell slightly to 4.9 percent in what is the last piece of economic data before tomorrow’s big election. According to the most recent U.S. Bureau of Labor Statistics report, the number of workers unemployed also dropped to 7.8 million. This report follows the addition of 156,000 jobs added
ManpowerGroup Partners With PeopleTicker
[Organizations everywhere are looking for better ways to recruit and retain good quality people to drive effectiveness, and performance, in their business. Analytic tools, it follows, continue to gain traction in the talent management world. To this end, ManpowerGroup Solutions, part of ManpowerGroup, just recently formed a new partnership with PeopleTicker, a provider of real-time labor market rate
The Onstott Group Places CEO At Terma
[Executive search firm The Onstott Group has recruited Steve Williams as president and chief executive officer of Terma North America. He succeeds Larry Hungerford, who will continue as a member of the board of directors. Joe Onstott, managing director, and principal Scott Tucker, led the assignment. Since the beginning of 2014, Mr. Williams has held the position of
The Chason Group Leading CEO Search for Athens Area Community Foundation
[Executive search firm The Chason Group has been retained by the Athens Area Community Foundation to lead in a nationwide search for a new president and chief executive officer. Past CEO Delene Porter recently announced her resignation. Tim Chason, the firm’s president, is leading the assignment. “Compassion and development experience are two key traits the search
Third Street Partners Forms Alliance With Recruitment Specialist
[New York City-based boutique executive search firm Third Street Partners has formed a strategic partnership with Human Capital Acquisition (HCA), a specialized recruiting firm focused on retirement, retail and institutional distribution. Through the arrangement, Third Street Partners will benefit from HCA’s network of relationships and comprehensive research with specialization in the retirement, retail, and institutional distribution areas, while
Millennials & Politics: Why the Youth Vote Matters
[Millennials and politics. What a hot topic just four days out from the general election. This demographic group is now as large a potential political force as Baby Boomers, poised to make up 25 percent of the vote on Tuesday, according to an analysis of U.S. census data from the Pew Research Center. By comparison, in the 2012
Hanold Associates Fills CHRO Roles for Sterigenics International and Moderna Therapeutics
[As Hunt Scanlon reported last week, women continue to dominate the CHRO role across corporate America. Hanold Associates, a specialist in the field, has just recruited two more, placing Ana Rodriguez and Annie Seibold Drapeau as chief human resources officers (CHROs) of Sterigenics International LLC and Moderna Therapeutics, respectively. Jason Hanold, managing partner of Hanold Associates, led
Cricket Tasmania Taps Egon Zehnder for CEO Search
[Cricket Tasmania, the administrative body for cricket in Tasmania, Australia, has retained Egon Zehnder to find its next chief executive officer. David Johnston, Australian cricket’s longest serving CEO, will be leaving his post mid-2017, providing ample time to find a suitable replacement. Neil Waters in the firm’s Melbourne office is handling the search. “It is difficult to think
Horton International Names Healthcare, Life Sciences Managing Director
[Horton International – North America, a principal partner of Horton International, has named James D. Utterback as managing director in the firm’s healthcare and life sciences practice. He will focus within the healthcare information technology and services sectors. Throughout his 30-year career in operating CEO roles, human capital and executive search, Mr. Utterback has accumulated leadership experience in multiple
How Companies Can Build Up Their Defenses Against Talent Raids
Hunt Scanlon’s recently concluded co-branded talent raiding study with Marlin Hawk uncovered some revealing truths. But the most surprising result: the apparent lack of defensive people strategies at U.S. companies. A full quarter of American businesses are experiencing a marked increase in talent raids at the C-suite level, yet more than half (54 percent) are
Looking to Brain Power to Improve Hiring
To achieve better outcomes in hiring, companies must take a different tack than the one they have traditionally been following. Too often hiring managers place undue emphasis on the industry knowledge that candidates bring to the table, when what they should really be focusing on is an individual’s intelligence, says Russ Riendeau. “Hire the frontal cortex, not the Rolodex”
Netflix Talent Poaching Turns Into Employee Mobility Referendum
A month after Netflix was lambasted by Fox for ‘illegally’ poaching two executives under contract, the streaming service has struck back, charging ‘unlawful and anti-competitive business practices.’ 21st Century Fox had originally said that Netflix had poached programming executive Tara Flynn and marketing executive Marcos Waltenberg. Fox said that Netflix was fully aware of employment agreements before
Recruiters Offer Sports Clients an Expanding Talent Platform
[The relationship between sports teams and executive search firms is rapidly expanding and now extends beyond merely recruiting. Seasoned recruiters are providing strategic planning advice with the capability of applying their findings to speed along the process in the hunt for talent. Today, executive search firms are being called in by professional sports teams, colleges, and consumer
Tower Consultants Leading Chief People Officer Search for FARO Technologies
[Executive search firm Tower Consultants, Ltd. has been retained by FARO Technologies to lead its search for a chief people officer (CPO). Tower Consultants president, Chris Rose, is leading the assignment. According to Ms. Rose, FARO Technologies is seeking a candidate with international agility to partner with a technical / engineering workforce of 1,500 employees. “The newcomer will
Caldwell Partners Recruits CFO for Orrick, Herrington & Sutcliffe
Executive search firm Caldwell Partners International has recruited Kevin Cash chief financial officer of Orrick, Herrington & Sutcliffe LLP. Michael DeCosta, a partner and leader in the firm’s professional services practice, led the search along with Kristin Hebert, a leader of Caldwell’s legal practice and managing partner of its San Francisco office. Mr. Cash previously served as CFO of
Hudson Global Posts Flat Q3 Revenues
[Hudson Global Inc. / (NASDAQ:HSON) posted third quarter revenues of $108.1 million, down 1.7 percent from a year ago. However, revenues increased 1.6 percent in constant currency. The company recorded a net loss of $1.9 million, or $0.06 per basic and diluted share, compared with net loss of $2.1 million, or $0.06 per basic and diluted share,
Tightening Labor Supply Driving Competition for Talent
[Although most companies prefer to groom existing employees as a way to fill open positions, high turnover and a lack of clear strategy are driving employers to hire external candidates, according to a new study by the ADP Research Institute and The Economist Intelligence Unit (EIU). For executive recruiters, this likely signals more business ahead in 2017, especially
Russell Reynolds Associates Leading CEO Search for CDC Group
[Russell Reynolds Associates has been retained by CDC Group plc to lead its search for a chief executive officer. Current CEO Diana Noble has decided to step down next year after six years leading CDC in a new strategic direction. The board, led by CDC’s chairman Graham Wrigley, has just begun the search process of finding a
Randstad Finalizes Monster Acquisition
[Amsterdam-based human resource services provider Randstad Holding has completed its acquisition of Monster Worldwide. Under the terms of the deal, Randstad paid $3.40 per share in cash, or a total purchase price of approximately $429 million. By leveraging Monster’s multiple distribution channels to bridge two different but complementary parts of the extended recruiting industry, Randstad intends to extend
PFM Executive Search in Hunt for Vancouver Fire Chief
[The City of Vancouver has selected PFM Executive Search to help find its new fire chief. Partners Allison Rzen and George Madden are leading the unusual search assignment from their base in Canada. As the leader of the Vancouver Fire & Rescue Service (VFRS) and a member of the City of Vancouver’s corporate management team, the fire
