DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Academic Career & Executive Search Retained by Central New Mexico Community College to Find CIO
Academic Career & Executive Search (ACES) has been retained by Central New Mexico Community College to lead in its search for a chief information officer. Jennifer Muller, managing partner, is leading the assignment. This role is designed for an experienced CIO with strong business acumen, who is ready to lead at scale, shape enterprise direction, and leave
Heidrick & Struggles Names New Practice Heads
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has named Alexis Hennessy as global head of the sales & commercial officers practice as well as Fabrice Lebecq and Seth Steinberg as the new co-global heads of the supply chain officers & operations officers practice. Ms. Hennessy is a partner in Heidrick’s Los
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.
Lochlin Partners Recruits CHRO for Communities Foundation of Texas
Lochlin Partners has placed DeLancey Johnson as chief human resources officer of Communities Foundation of Texas (CFT). “Delancey brings new perspective, experience, and leadership to CFT as we continue building a culture that supports our mission and our staff experts,” said Wayne White, president and CEO of Communities Foundation of Texas. “His depth of experience leading
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?
HTP Group Expands in Europe and Transatlantic Markets with Four Partner Appointments
HTP Group has expanded with the additions of François Carloni, Diego Chinnì, Sandrine Lebouc, and Chloë Sonnois as partners. These appointment marks a significant milestone in HTP Group’s international growth, strengthening its capabilities across France, Italy, and Switzerland, while establishing its first-ever dedicated bridge to the North American market. “We are thrilled to welcome Chloë, Diego,
Fractional CHRO vs. Interim HR Leader: Key Differences and When to Hire Each
As organizations grow, restructure, prepare for investment, or navigate leadership change, many realize they need experienced HR leadership – but not always in the same way. That’s where fractional CHRO and interim HR solutions come in, according to a recent Talent Connections report. “While these terms are often grouped together, they solve very different business
Greenwood Asher & Associates Leading General Counsel Search for Illinois State University
Miramar Beach, FL-based executive recruitment firm Greenwood Asher & Associates (GA&A) was recently selected by Illinois State University to lead in its search for a general counsel. Kyle Pybus-Jerome and Jim Johnsen are leading the assignment. Reporting directly to the president and serving as a member of the president’s cabinet, the general counsel will serve as the University’s chief
ESGI Potomac Recruits CFO for MTSI
ESGI Potomac recently assisted in the recruitment of Ashutosh Gokhale as executive vice president and CFO of Modern Technology Solutions, Inc. (MTSI). “We welcome Ashutosh Gokhale as our new executive vice president and chief financial officer,” said Kevin Robinson, MTSI president and CEO. “As MTSI continues its growth trajectory, Ashutosh’s leadership, financial expertise, and strategic perspective
Marovi Targets Executive Search’s Evaluation Gap With AI-Driven Platform
Atlanta-GA-based Marovi has shared details of its market momentum and customer experience. Core to Marovi’s success is its proprietary evaluation intelligence engine, which weights every candidate against role-specific requirements and generates scorecard comparisons and curated shortlists before the interviewing process commences. Executive search has long been a high-stakes, challenge-filled endeavor, where misalignment can cause significant disruption. Ensuring
Parker Remick Appoints Partner
Seattle, WA-based Parker Remick has expanded with the addition of Amy Lewis as partner. Kevin Williamson, founder of Parker Remick, believes technology leadership has become one of the defining competitive advantages for large enterprises. “Technology leadership has never carried greater responsibility than it does today,” he said. “Every board is evaluating how AI, product innovation, and engineering capability
From Performance Reviews to People Intelligence: Rethinking How Organizations Assess Talent
Performance management is increasingly moving beyond a once- or twice-a-year exercise as organizations look for more timely insight into how leaders and teams are actually performing. For search and talent leaders, that shift is creating new opportunities to use people data more strategically in decisions around succession, development, retention, and leadership readiness. As companies place
millionways and Waxell Form Alliance to Bring Behavioral Intelligence to AI Governance and Agent Observability
millionways, the behavioral intelligence layer for the human-agent workforce, recently formed a strategic partnership with Waxell, an AI governance and agent observability company. The alliance was formed to help enterprises govern, observe, and improve AI agents operating in high-stakes human environments. As enterprises move from copilots to autonomous and semi-autonomous agents, AI systems are being given
How to Build a Perpetual CEO Succession Pipeline
CEO succession planning is increasingly being treated as a continuous leadership priority rather than a process that begins only when a departure is announced. With chief executives serving for a relatively limited period compared with the lifespan of most organizations, boards are under growing pressure to build deeper pipelines, develop internal talent, and maintain visibility
Slone Partners Recruits CEO for Perspectum
Life sciences-focused search firm Slone Partners has placed Warren Cresswell as CEO at Perspectum, an Oxford, England-based precision health company that delivers non-invasive solutions to accelerate drug development and improve patient outcomes in liver and cardiometabolic disease. “Warren brings an exceptional combination of global leadership experience, commercial expertise, and deep knowledge across diagnostics and precision health,” said Leslie
Anthem Executive | Anthem Academics Assists Texas A&M International University with Director of Athletics Search
Anthem Executive | Anthem Academics has assisted Texas A&M International University (TAMIU) with the recruitment of director of athletics. Michael Ballew, Scott Watson, Mike “JR” Wheless, and Florene Stawowy led the assignment. “We are excited to welcome Tyler to Texas A&M International University and to join our Dustdevil family,” said University president Christopher Maynard. His commitment to the academic
The Invisible Month in Executive Recruitment: The Overlooked ROI of Shortlist Due Diligence
Executive search firms are under growing pressure to protect both client outcomes and their own reputations as leadership decisions become more visible and consequential. That has put greater focus on when risk is identified in the search process, not simply whether it is identified at all, and on how earlier diligence can help firms avoid
AI Moves Deeper Into Executive Search Workflows as Innova Heads to Chicago
Artificial intelligence is moving quickly from experimentation into the day-to-day work of executive search firms, but adoption remains uneven across the industry. As search leaders evaluate a growing number of tools, many are looking for practical examples of where AI can improve research, business development, search delivery, and operations without compromising judgment or quality. The
JDG Associates Retained by SPIE to Lead CEO Search
Rockville, MD-based executive search firm JDG Associates has been selected by SPIE, the international society for optics and photonics, to lead its search for a new CEO. The Bellingham, WA-based society, the premier global organization advancing light-based research and technologies, seeks a strategic, globally minded executive to succeed CEO Kent Rochford, who will depart in February
CIO Partners Seeking Chief Information Officer for Resideo
CIO Partners was recently tapped by Resideo to lead in its search for a new chief information officer. This executive is responsible for defining and executing the enterprise technology strategy that enables innovation across connected home products, digital services, and global distribution operations at Resideo Technologies. This leader ensures that enterprise technology platforms, cloud infrastructure, and
DSG Global Appoints Managing Directors
DSG Global has expanded with the additions of Kris McFeely, Chris Clarey, and Scott Murray as managing directors. Ms. McFeely, who joins the firm’s nonprofit and social impact practice, brings more than two decades of executive search experience to the team. She specializes in identifying and recruiting exceptional leaders for mission-driven organizations. Drawing on experience across
U.S. M&A Accelerates as Buyers Raise the Bar
EY-Parthenon’s September Merger Monthly points to continued momentum across the U.S. M&A market. Through August, deal value for transactions above $100 million reached approximately $2.2 trillion, up roughly 48 percent year-over-year, while volume increased 23 percent. Momentum remained strong from June through August, with deal value rising 23 percent and volume advancing 22 percent from
Why the Best Job Offer Is About More Than Salary
A higher salary can make a new job attractive, but compensation alone does not always tell candidates whether an offer is truly better. According to a recent report from NPAworldwide, recruiters can play an important role in helping candidates evaluate the complete package while also helping employers understand why a competitive base salary may not
Buffkin / Baker Recruits President for Valdosta State University
Partner-led executive search firm Buffkin / Baker has assisted in the recruitment of Donald J. Green president of Valdosta State University (VSU). Partner Ann Yates and associate Dinah DeWitt led the assignment. “Don Green is a leader who knows how to deliver results, and he’s proven that time and again,” USG chancellor Sonny Perdue said. “At Gordon State, he focused on
The Moran Company Recruits CEO for The Arc of New Mexico
The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has placed Tracie Fletcher as the new executive director of The Arc of New Mexico. Senior search consultant Bruce Scott led the assignment. “Tracie brings a 25-year track record of leadership in non-profit, government, and community organizations,” The Arc of New Mexico said in a
Riviera Partners Expands Public Practice
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded with the addition of Archer McFall as a partner within its public practice serving large, publicly-traded companies and late-stage, pre-IPO companies. “Getting the right CTO, CIO, or chief AI officer in place, building the team structure around AI, making sure the
Building Your IR Function: The Questions Every VC Should be Asking
As venture firms mature and fundraising becomes more institutionalized, building the right investor relations function is increasingly becoming a critical part of long-term growth. The best time to hire an investor relations leader is before you urgently need one, according to a recent report from SPMB’s Suzanne Heske and Emily Leder. “LP relationships take years to
U.S. Hiring Slows as Unemployment Rate Edges Up to 4.2 Percent
Employment increased by 29,000 in September as the U.S. unemployment rate edged up to at 4.2 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 7.1 million, also increased in September. Among the major worker groups, the unemployment rate for people who are Black (7.0 percent) increased in September.
Cook Silverman Search Recruits Chief Development Officer for Common Sense Media
Greenbrae, CA-based Cook Silverman Search has assisted in the recruitment of Alicia Chang as chief development officer of Common Sense Media to lead in its search for a chief development officer. Ms. Chang joins Common Sense Media after spending a decade with Lawrence Berkeley National Laboratory, where she most recently served as deputy chief development officer
DRiWaterstone Human Capital Assists WJCT Public Media with CEO Search
DRiWaterstone Human Capital has assisted in the recruitment of Karen Feagins as president and CEO of WJCT Public Media, the independent, community-owned public media organization serving Northeast Florida and Southeast Georgia. “Karen represents exactly what we were looking for as the next leader for WJCT Public Media,” said Bill Hendrich, chair of the WJCT Public Media board
AI-Powered Exits: A New Lever for PE to Maximize Value
A recent AlixPartners report highlights that AI can be instrumental in preparing portfolio companies for sale, especially in a soft deal market where well-prepared exits are harder to achieve. “AI can make preparation for sale faster and more comprehensive,” notes the report. “AI can be helpful in exit preparation, particularly when the deal market is soft
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
IRC Adds New Member Firm In Israel
IRC Global Executive Search Partners (IRC) has added Hunter Executive Placement in Israel as its newest member firm. Over the past decade, Hunter Executive has established itself in matching executive talent with key positions, both locally and internationally. The firm serves a wide array of industries including the financial services, banking and technology sectors. “We are certain
How Will Clinton, or Trump, Impact the Job Market and Recruiting?
[With the presidential election just seven days away, the big question on everyone’s mind is will the U.S. job market experience any major shift in hiring. And what’s in store for executive recruiters, who ply their trade with professionals caught right in the crosshairs of politics and business. Whether the election of Hillary Rodham Clinton
University of Delaware Taps Korn Ferry to Find Head Football Coach
[The University of Delaware has retained Korn Ferry to lead its search for a new head football coach. The search is being led by Jed Hughes, vice chairman of Korn Ferry’s sports recruiting practice. Dave Brock, who coached Delaware to a 19-22 record, was fired earlier in October. Co-defensive coordinator and defensive line coach Dennis Dottin-Carter will take
Kincannon & Reed Assists National Biodiesel Board in CEO Search
[Executive search firm Kincannon & Reed has recruited Donnell Rehagen as chief executive officer of National Biodiesel Board (NBB). Jon Leafstedt and Gary Weihs, managing partners with Kincannon & Reed, a leading executive search firm focused on the food, agribusiness, and renewables sectors, conducted a rigorous national search and assisted in evaluating a strong slate of
Wakerobin Partners Opens Doors
[Executive search firm Wakerobin Partners has been launched in The Woodlands, TX, by Rick Lowry. As a boutique firm, Wakerobin will specialize in recruiting corporate and regional leadership throughout the U.S., working in a myriad of industries and disciplines. Mr. Lowry has more than 15 years in the search industry, as well as many years in
Robert Half Posts Small Revenue Gain; Falls Short of Wall Street Forecasts
[Robert Half International Inc. / (NYSE:RHI) posted third quarter revenues of $1.34 billion, up two percent from a year ago, falling short of Wall Street forecasts. Six analysts surveyed by Zacks expected $1.35 billion. The Menlo Park, CA-based company recorded net income of $91 million, or $.71 per share, compared earnings of $97 million, or $.73 per share, last
4 Reasons Why Companies Aren’t Bridging the Talent Gap
Employers across the globe are facing the most acute talent shortage since the recession, according to the latest ‘Talent Shortage Survey’ released by ManpowerGroup. Of the more than 42,000 employers surveyed, 40 percent are experiencing difficulties filling roles, marking the highest level since 2007. As skills needs change rapidly, employers are looking inside their organizations for
