DAILY NEWSWIRE - TOP STORIES
Daily Newswire
AI Talent: The Full Spectrum
In private equity, the game is to solve, acquire, optimize, professionalize, and ultimately exit. But when it comes to AI, that word — “solve” — belongs in quotes because AI isn’t a problem you fix, according to a recent report from Chris Benz, partner at Corsica Partners. “It’s a capability you continuously evolve,” the report
ON Partners Recruits Chief Business Officer for CytomX Therapeutics
Partner Suzanne Zebedee of ON Partners recently placed Rachael Lester as senior vice president and chief business officer of NASDAQ-traded CytomX Therapeutics, Inc. in South San Francisco, CA. “Rachael brings a wealth of experience in strategic planning and business development across the biopharmaceutical industry and joins CytomX at a time when our platform and pipeline are well positioned to deliver
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.
Leadership Advisory Enters a New Capital Cycle
Private capital is making one of its strongest moves yet into the leadership advisory sector. Recent investments by KKR in ghSMART and Advent International in Heidrick & Struggles represent more than headline transactions. Together, they signal a growing conviction among investors that leadership advisory firms occupy a unique position within the modern enterprise, helping organizations navigate leadership succession, organizational effectiveness, talent assessment, and
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?
Crist|Kolder Places CFO at Mondelēz International
Crist|Kolder Associates has placed Amit Banati as executive vice president and chief financial officer of NASDAQ-traded Mondelēz International in Chicago. He will report directly to Dirk Van de Put, chair and CEO, and will be a member of the Mondelēz International leadership team. “Amit is a highly experienced CFO who brings a strong blend of financial leadership
Why Searches Lose Discipline Late and How to Prevent It
Even well-run executive searches can lose focus as the process unfolds and pressure to reach a decision begins to mount. Without consistent alignment around the original mandate, organizations risk making compromises that can undermine long-term leadership success. Most executive searches start with real clarity, a recent report from Nashville, TN-based executive search firm Morgan Samuels Company’s
NPAG Assists Proteus Fund with CEO Search
Executive search firm NPAG has assisted in the recruitment of Amardeep Singh the new president and CEO of Proteus Fund and Proteus Action League. He will officially assume the role in September. The Proteus Fund board of directors selected Mr. Singh following a rigorous national search supported by NPAG. The search was led by Ellen LaPointe, Ebony Breaux-Liang, and Andres Marcuse-Gonzalez. “On
Bullhorn Names Chief Innovation and Labs Officer and Chief Corporate Development Officer
Recruiting software provider Bullhorn recently appointed Jason Heilman as chief innovation and labs officer and Ryan Murphy as chief corporate development officer. As members of the executive leadership team, they will help drive the company’s next wave of growth and innovation. Mr. Heilman joined Bullhorn in 2020 when the company acquired Herefish, the automation platform he led
5 Ways to Evaluate a Job Offer in 2026
In today’s hiring market, the strongest job offer isn’t always the one with the biggest paycheck. Candidates who treat their next move as a base-salary math problem usually leave real money behind, according to a recent report from Lyneer Search Group, an executive talent acquisition firm specializing in finance and executive roles. The smarter approach, and the
McDermott + Bull Recruits Chief Technology Officer for JenaValve Technology
Irvine, CA-based McDermott + Bull has placed Edward Sarnowski as chief technology officer of JenaValve Technology, Inc. in Irvine, CA. The search was completed by partner Ken Dropiewski, and executive recruiter Michael Matranga. “Ed’s appointment marks an important step in the evolution of JenaValve as a company,” said John Kilcoyne, CEO of JenaValve. “With FDA approval now behind us and
JDG Associates Retained by the Institute for Defense Analyses for General Counsel Search
Rockville, MD-based executive search firm JDG Associates has been retained by the Institute for Defense Analyses (IDA) to lead its search for a general counsel based in Alexandria, VA. Reporting directly to the president and CEO, the general counsel serves as IDA’s chief legal officer and secretary of the Corporation, with responsibility spanning legal counsel and
Korn Ferry to Acquire AMS in $1.1 Billion Talent Solutions Deal
Korn Ferry (NYSE:KFY) has entered into a definitive agreement with OMERS Private Equity to acquire U.K.-headquartered AMS. The transaction will combine Korn Ferry’s expertise across search, talent & organizational solutions, and workforce solutions with AMS’s expertise in recruitment process outsourcing (RPO), early careers and campus recruiting, contingent workforce solutions, consulting, and skills creation. The combination will
CarterBaldwin Assists Ideal Tridon Group with Chief Information Officer Search
CarterBaldwin Executive Search has helped to recruit Shane Dacus as chief information officer of Ideal Tridon Group, a portfolio company of Nautic Partners and global provider of engineered clamps, brackets, fittings, and metal framing systems. Mr. Dacus brings more than 25 years of technology leadership across industrial, manufacturing, and PE-backed platforms, with a consistent record of elevating IT
Lindauer Recruits CEO for Penn State Alumni Association
Lindauer has placed Reggie Bustinza as associate vice president for alumni relations and chief executive officer of the Penn State Alumni Association. He was selected after a nationwide search to succeed Paul Clifford, who departed Penn State in January 2025. The search was led by Lindauer executive vice president Faith Montgomery and senior consultant Raegan Harvey in partnership with Penn State. “Lindauer
Why M&A Success Is Ultimately a Talent Challenge
In its latest market intelligence findings, The Role of HR in M&A: 5 Golden Rules for CHROs, Spencer Stuart argues that many transactions fail not because of flawed strategy, but because of shortcomings in leadership, culture, talent retention, and organizational execution. While financial and operational diligence often dominate deal planning, the firm’s research suggests that people-related
Greenwood Asher & Associates Leading Chief Marketing Officer Search for the College of Charleston
Miramar Beach, FL-based executive recruitment firm Greenwood Asher & Associates (GA&A) is currently seeking a chief marketing officer and vice president for marketing and communications for the College of Charleston. Kyle Pybus-Jerome and Jeremy Duff are leading the assignment. The College of Charleston seeks a strategic and innovative marketing executive to lead an integrated marketing and communications enterprise that
EMA Partners India Acquires Recruitment Process Outsourcing Services Provider Taggd
Executive search and leadership recruitment platform EMA Partners India has acquired recruitment process outsourcing services provider Taggd in an all-cash deal valued at Rs 113 crore. The all-cash acquisition aims to create an integrated talent recruitment platform offering executive search, professional search and AI-powered recruitment process outsourcing (RPO) solutions at scale. Taggd will continue to
NGS Global Expands in London
Wilmington, DE-headquartered executive search firm NGS Global has expanded with the additions of Daniel Yeates and George Balfour as managing directors in London. “Daniel and George are accomplished executive search professionals with deep expertise in the technology and digital sectors,” said David Nosal, chairman and managing partner. “They each bring outstanding client and candidate relationships built over decades
Leadership Challenges Intensify as Organizations Confront AI, Talent, and Economic Uncertainty
Organizations are operating in an increasingly complex environment where economic uncertainty, workforce challenges, AI adoption, and digital transformation are converging to reshape leadership priorities. Kestria’s second annual global leadership survey builds on the themes that emerged in last year’s research; highlighting how rapidly the leadership landscape continues to evolve. Based on responses from more than
Riviera Partners Acquires Lateral Labs
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has acquired Lateral Labs, a specialized recruiting firm serving top AI startups. Financial terms of the deal were not disclosed. “The acquisition comes as companies remain challenged to meet the demand of organizational AI readiness,” the firm said. “Adding Lateral Labs positions Riviera Partners
Marovi Assists Congruex with CFO Search
Working in partnership with Atlanta-GA-based Marovi, Congruex, a provider of digital infrastructure engineering and construction services, appointed Jim Stanley as CFO. He reports to Congruex’s co-founder, president, and CEO, Kevin O’Hara. The appointment comes amid strong and sustained growth at Congruex as it plans to continue to capitalize on macro tailwinds, including AI and data center
Brettschneider Executive Search Seeking Inaugural SVP of Advancement for Wilmington University
New York City-based Brettschneider Executive Search has been retained by Wilmington University (WilmU) to lead in its search for an inaugural senior vice president of advancement to lead the University’s next phase of philanthropic growth. Reporting to WilmU president LaVerne Harmon, the SVP will partner closely with the president, board and University leaders to advance the University’s strategic
August Leadership Expands in London
August Leadership has expanded with the addition of Honor Pollok as a partner in London. Ms. Pollok brings over 20 years of executive search and leadership experience. She has led numerous high-profile placements in chair, non-executive director, CEO and the full spectrum of C-suite roles. Her search expertise spans key commercial, financial, creative, human resource, functional,
Hunt Scanlon and HSiQ Spotlight New Approach to Recruiter Training
As the executive search industry faces mounting pressure to improve performance and consistency, firms are increasingly reevaluating how recruiters are trained and developed. Hunt Scanlon and its HSiQ talent intelligence advisory unit recently launched a new Recruiter Performance Training Program designed to bring greater structure, commercial rigor, and scalability to recruiter development in an industry long driven by
Building Team Alignment in an Era of Continuous Change
Ask any team to describe its top strategic priorities and you will often get as many answers as there are people in the room. The problem is not that the strategy hasn’t been communicated, according to recent report from AIIR Consulting. “The problem is that it was communicated into an environment that has since shifted
Isaacson, Miller Helps Recruit 28th President for Texas A&M
Boston-based Isaacson, Miller has assisted in the recruitment of Susan Ballabina as the 28th president of Texas A&M. Andy Lee and Julie Filizetti, led search with Raul Bernal and Luciano Zuniga, and Madeline Fitzpatrick. The members of the Board of Regents conducted a national search that produced a strong pool of candidates. Dr. Ballabina emerged through that process based on her experience, her understanding of
BarkerGilmore Recruits General Counsel for American Credit Acceptance
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has placed Debra Noll as general counsel at American Credit Acceptance. The search was led by Stephen Bell and Alison Waters. “Deb is exceptionally well-positioned to support American Credit Acceptance as it continues to grow and adapt in a complex environment,” BarkerGilmore said in a LinkedIn
Kincannon & Reed Appoints VP of Marketing and Business Development
Kincannon & Reed (K&R), which exclusively focuses on food, agribusiness, and the related life sciences, has expanded with the addition of Dan Evans as vice president of marketing and business development. “Dan brings a strong background in building brands, driving growth, and connecting strategy to execution,” said Stephanie Liska, president of Kincannon & Reed. “Throughout his career,
Women Founders Gain Ground in Human Capital M&A
A meaningful shift has been unfolding across the executive search industry. Over the past decade, a growing number of highly specialized boutiques have been founded and led by women, many of whom built successful careers within larger firms before launching businesses of their own. What is becoming increasingly clear is that investors are paying attention.
2025 Talent Trend: New Leaders Focusing on Team Alignment and Impact
A leadership trend that has emerged over the past few years is coming to a head, bringing with it a new set of recruitment and talent engagement challenges and opportunities in 2025, according to a new report from Lindauer. Findings from a study by the College and University Professional Association for Human Resources say that
Heidrick & Struggles Taps CEO for ANSYS
Executive search firm Heidrick & Struggles has placed technology industry veteran Dr. Agei S. Gopal as president and chief operating officer of ANSYS, Inc. He will become chief executive officer in January. James E. Cashman, who has served as ANSYS’ CEO since 2000, is stepping down at the end of the year. He will stay with
DHR Completes AD Search for Purdue
Executive search firm DHR International has placed Mike Bobinski as athletic director of Purdue University. He replaces Morgan Burke who announced he would retire next summer after serving in his position nearly 26 years. The search was led by DHR managing partner and global sports practice leader Glenn Sugiyama. Along with DHR, the search committee consisted of Purdue faculty, athletics administrators and
Kingsley Gate Partners Names Partner in Newly Opened Denver Office
Executive search firm Kingsley Gate Partners has named Geoff Hall as a new partner to support the firm’s growing life sciences practice. Mr. Hall will be based out of Kingsley Gate’s newly opened Denver office. With more than 17 years of unique and differentiated expertise in leading cross-functional teams across sales, marketing, operations, legal, finance, quality and engineering, Mr. Hall
Futurestep Names North America President
Futurestep, a Korn Ferry company that provides talent acquisition solutions, has named Bill Gilbert as president of Futurestep North America. In this capacity, Mr. Gilbert will lead the strategy and growth efforts for both its search and solutions businesses in the region. In addition, he will drive the Futurestep strategy across the region and continue to work closely
What Makes A Good CEO?
The average U.S. CEO approval rating stands at 67 percent, according to a new statistical analysis of CEO approval ratings by Glassdoor, which measured CEO quality according to employees. The Glassdoor Economic Research reveals a number of factors that ultimately drive employee perception of CEOs, some of them quite surprising. The study, ‘What Makes a Great CEO?‘ looks
The RSA Group Names New CEO
Life sciences-focused executive search firm The RSA Group has appointed Alex Bennett as its new chief executive officer. He replaces Chris Molloy, who leaves the firm to head up the U.K. Medicines Discovery Catapult. Mr. Bennett comes to RSA with an international track record in senior level life sciences executive search, specializing in medical devices and diagnostics. His most
Academic Search Retained by Wright State to Find New Leader
With the new school year underway, education-focused recruiter Academic Search has been retained by Wright State University in Ohio to lead its search for a new president. David R. Hopkins will retire as president when his contract expires next June. Senior consultants Dr. Jerry M. Israel and Dr. Mac A. Stewart will lead the assignment. “The selection of a highly
Korn Ferry Chosen to Lead CEO Search for Pier 1
Korn Ferry has been retained by home furnishings retail company Pier 1 Imports to lead its search for a new chief executive officer. Current CEO Alex Smith is leaving at the end of the year. His departure comes as the company also said last week that sales fell 6.7 percent in the second quarter. Mr. Smith had a
IRC Adds New Member Firm in Latin America
IRC Global Executive Search Partners (IRC) has added Chile-based Inquest Consultores as its newest member firm. Inquest Consultores, led by Pia Puebla Menne and Isabel Walker, has been a key player in the Chilean executive search and compensation management consulting sector for more than 14 years. Chile is one of South America’s most stable and prosperous nations, leading Latin
Employers Looking to Increase Q4 Hiring
U.S. employers indicate a slight increase in hiring plans for the final three months of 2016, according to the latest Manpower Employment Outlook Survey, released today by ManpowerGroup. Taking into account seasonal variations, the Net Employment Outlook for the fourth quarter is up 18 percent, which matches the strongest post-recession Outlook since 2007. Hiring plans nationwide improved by three percentage
Major, Lindsey & Africa Recruits Chief Compliance Officer for CONCACAF
Major, Lindsey & Africa (MLA) has recruited Guilherme Carvalho as chief legal and chief compliance officer of the Confederation of North, Central America and Caribbean Association Football (CONCACAF) in Miami. The international search was led by Brian Davis, Rosalind Dodd and Jeffrey Liebster, all based in MLA’s New York office. The organization sought a leader with appropriate legal credentials, extensive work experience in
McDermott & Bull Lands Chief Technology and Innovation Officer Post for Golden 1 Credit Union
Executive search firm McDermott & Bull has recruited Val Scott as chief technology and innovation officer to Golden 1 Credit Union, the nation’s sixth largest Credit Union with $10 billion in assets. The search was led by Brandon Biegenzahn, co-chair of the firm’s financial institutions practice, along with associate consultant Michelle Davis. During the course of the search, 171 candidates were
Benchmark Executive Search Launches New Service to Connect Cybersecurity Experts
Benchmark Executive Search has launched Expert Network, a new service designed to match its network of experts, advisors and consultants with companies seeking to upgrade their corporate asset protection, risk management and cyber strategies. To address the growing need for a full spectrum of enterprise risks in corporate boardrooms and at the C-suite, Benchmark has assembled a
Signium Strengthens Search Staff In the Netherlands
Executive search firm Signium has added Honoré Verbeet as a partner in Amsterdam, Netherlands. Signium currently has 47 offices in 27 countries serving clients in the Americas, Europe / Middle East / Africa and the Asia Pacific regions. The firm delivers talent acquisition and management solutions for global companies across industry sectors, including consumer goods, financial services,
Mixed Salary Growth Persists Eight Years After Great Recession
A new analysis by the Hay Group division of Korn Ferry shows mixed salary recovery figures across the world, eight years after the fall of Lehman Brothers signaled the beginning of one of the worst global recessions in history. Pay data is drawn from Korn Ferry Hay Group’s PayNet database, which contains salary and job data for
Egon Zehnder Leading Chairman Search for National Bank of Greece
Following the recent debt crisis in Greece, the country’s second largest lender — the National Bank of Greece (NBG) — has retained Egon Zehnder to lead its hunt for a new chairman. According to NBG, the new chair must have a good understanding of the environment in which the bank operates (e.g. regulatory, legal, economic), including the
IQ Partners Recruits CEO for Institute of Communication Agencies
Executive search firm IQ Partners has placed Scott Knox as president and chief executive officer of the Institute of Communication Agencies. The combined position is new for the organization. Its previous CEO, Gillian Graham, resigned last March, while former president Jani Yates left the ICA in May to lead Advertising Standards Canada. It was after that departure that a decision was
IIC Partners Launches Professional Development and Training Platform
IIC Partners Executive Search Worldwide has launched the IIC Partners Knowledge Academy. The platform serves to provide IIC Partners members with access to a library of professional development webinars, training and educational resources and collaborative learning tools. Knowledge Academy serves as an opportunity for members to grow their business through the exploration of a wide array of topics
JW Michaels Appoints Head of Partner Placement Division
New York-based executive search firm JW Michaels & Co. has named Richard Zakin as a managing director to lead its national partner placement division. With a decade of experience in practicing executive search and as a former partner for more than eight years with two of The American Lawyer’s Am Law 100 firms, Mr. Zakin brings a unique and personal
Hunt Scanlon Launches Recruiting Industry Media Center
Hunt Scanlon Media recently launched its Recruiting Industry Media Center (IMC), a newly-developed service designed to help companies, academic institutions, non-profit organizations and other entities with their human capital and talent acquisition needs. As a real-time, high touch product, the IMC allows end users to research and conduct in-depth due diligence on leading search firms and talent
Berkhemer Clayton to Lead CEO Search for Pasadena Tournament of Roses
Berkhemer Clayton has been retained by the Pasadena Tournament of Roses Association (The Rose Parade and Rose Bowl Game) to recruit its next executive director and chief executive officer. William Flinn, current association executive director, will retire next year after more than three decades with the organization. Betsy Berkhemer-Credaire, the search firm’s president and corporate board practice leader,
JDG Associates Recruits Executive Director for Marine Technology Society
Executive search firm JDG Associates Ltd. has placed Kevin Traver as executive director of the Marine Technology Society (MTS). Principal Paul Belford led the search. Mr. Traver will lead MTS in its mission to promote awareness, understanding, advancement and application of marine technology. He will report to the board of directors, primarily through the MTS president, apprising the board on matters critical
Korn Ferry Posts 40 Percent Q1 Revenue Increase
Korn Ferry (NYSE:KFY) has posted 2017 fiscal first quarter revenues of $392.9 million, a 40 percent increase compared to revenues of $279.3 million a year ago. The growth was primarily due to increases in fee revenue in Futurestep and the company’s recently acquired Hay Group segments. During the quarter, Korn Ferry substantially completed its fiscal 2016 restructuring
Lucas Group Names Manufacturing Practice Leader
Executive search firm Lucas Group has expanded its presence in Southern California with the addition of Jennifer Bowers as managing partner and leader of its manufacturing practice in San Diego. She joins a tenured team of manufacturing recruiters. Ms. Bowers has served in various recruiting roles with Adecco and Eastridge Workforce Solutions. Across California, manufacturing is experiencing a boom as the local economy
As Labor Market Tightens, Hiring Mistakes Take Center Stage
Within the executive, managerial and professional sector, hiring authorities are frequently making key mistakes that are hampering not only their ability to hire, but also their employer brand and retention rates, according to an employment landscape survey just completed by MRINetwork. The report reveals that lengthy hiring practices and misconceptions about what motivates top candidates to make a job
Spencer Stuart Recruits CEO for TESSCO Technologies
Executive search firm Spencer Stuart has recruited Murray Wright as president and chief executive officer of TESSCO Technologies. He assumes the role from founder and past CEO Robert B. Barnhill Jr., who will assume the role of executive chairman and continue to serve as the chairman of the board. The appointment of a new CEO comes amid declining revenues and earnings which
AGB Search Leading President Search for Central Connecticut State
Executive search firm AGB Search has been selected by Central Connecticut State University (CCSU) to lead its search for a new president. Robert Holyer Ph.D., senior consultant at AGB Search, is leading the assignment. Founded in 1849 as New Britain Normal School, CCSU is Connecticut’s oldest publicly funded university. It is made up of four schools: the Ammon College
Ward Howell Appoints Global Leader of Insurance / Alternative Investments Practice Groups
Executive search firm Ward Howell International has appointed Theodore ‘Ted’ Petrara as partner and global leader of its insurance and alternative investments practice groups. He is based in the firm’s New York office. Mr. Petrara’s team will deliver executive search and leadership advisory services to insurers, reinsurers, hedge funds, and other originators and investors in the alternative
DHR Names Global Board & CEO Practice Leader
Executive search firm DHR International has named Mike Magsig as managing partner and leader of the firm’s global board & CEO practice group. He replaces Jay Millen, who stepped down late last year; he now holds the same role at Caldwell Partners. Mr. Magsig brings more than 16 years of executive search experience to DHR. During his career, he has
Pay Raises to Hold Steady in 2017
Pay raises for U.S. employees are expected to hold steady at three percent in 2017, according to a survey released by Willis Towers Watson. The survey also found that employers will continue to reward their best performers with significantly larger pay raises as they look for ways to retain their top talent and strengthen existing pay-for-performance
Russell Reynolds Associates Lands CEO for Help for Heroes
Russell Reynolds Associates has recruited Melanie Waters as chief executive officer of Help for Heroes. Founder Bryn Parry had previously announced that he will be stepping down at the end of the year. The company sought an experienced, forward-thinking and progressive leader to pilot the organization through a growth and expansion phase. Russell Reynolds was brought in last spring to
