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Larger Funds Bring Increased Competition for Private Equity Talent

The state of the U.S. private equity market is strong. As of November, U.S. private equity funds had raised $246 billion in...

Strong Resurgence in Search Activity in the Private Equity Sector

The current state of recruiting within the PE sector remains strong. “The search firms that recruit in certain sectors that PE firms...

Major Paradigm Shifts Coming Out of the Coronavirus Crisis

Bound to reshape society in lasting ways, the current pandemic is shining a bright light across countless industries, unearthing both vulnerabilities and opportunities. Manufacturing, particularly in...

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partners

IMSA Search Expands Into the U.K.

Executive search network IMSA Search Global Partners expanded into the U.K. with the addition of Murray Price Executive Search. Graham Murray and Phillip Price join IMSA as U.K. managing partners. “The U.K. offers a major opportunity for expansion in talent acquisition, as companies across the world pivot to their post-pandemic plans,” said Monika Ciesielska, president of IMSA Search Global

trends

Jobless Claims Fall for Fourth Straight Week

The Labor Department reported that 406,000 Americans filed new claims for state unemployment benefits. Economists surveyed by Dow Jones expected 425,000 new jobless claims. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The 4-week moving average was 458,750, a decrease of 46,000 from the previous week’s unrevised

Sponsored Content

Linking Culture to Value, Growth and Performance

In the wake of COVID-19, broad and lasting changes to the workplace have advanced a more integrated approach to talent management built around culture. Organizations that once synchronized their talent to corporate vision, core values, and strategic objectives are now aligning people around purpose.

recruiting

De Forest Search Fills Key Post for Dr. Suess Enterprises

Manhattan Beach, CA-based De Forest Search recently recruited Vienna Downes as the new senior director of licensing and sales at Dr. Suess Enterprises, a children’s entertainment company committed to caretaking Theodor Seuss Geisel’s (Dr. Seuss) legacy. As a global entertainment leader, Ms. Downes brings a progressive career in the toy and entertainment space to Dr. Seuss including Warner Bros.,

Sponsored Content

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?

partners

Heidrick & Struggles Makes Leadership Changes in Asia-Pacific and Middle East Region

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has announced new leadership appointments in the Asia-Pacific and Middle East region. These include regional practice managing partners in Asia-Pacific and the Middle East for the global technology and services practice and the CEO and board of directors practice; country manager for Australia; and partner-in-charge for Singapore. “As organizations continue to navigate a course

trends

How On-Demand Talent is Unlocking Value for Private Equity Investments  

One constant about private equity is that the landscape is always changing. For some, those changes can lead to obsolescence; but for those with vision, change is an opportunity to unlock new opportunities for alpha returns, according to a new report from Upwork. “One relatively slow-moving change? The differentiating levers that a PE firm can

recruiting

Hudson Gate Partners Places Chief People Officer at Mogo

Hudson Gate Partners recently recruited Allan Smith as the first chief people officer for Mogo, a NASDAQ-traded digital payments and financial technology company in Vancouver, British Columbia. Daryl-Lynn Michaud led the assignment. “We’ve been fortunate to attract and build an outstanding team at Mogo, and we’re excited to have Allan lead our people efforts going forward as we look

recruiting

HealthSearch Partners Recruits New CEO for Maury Regional Health  

HealthSearch Partners recently placed Davin Turner as the next chief executive officer of Maury Regional Health, a three-hospital health system located in Columbia, TN. This project was managed by senior principal and co-founder Barry Cesafsky with the assistance of chief operating officer Laura Conley. Together they worked closely with the eight-member Maury board of trustees,

Diversified Search Group Names Managing Directors

Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named three new managing directors, each adding to the firm’s capabilities in serving the needs of clients across key industries and sectors. Allen Chan joins the firm’s corporate practice, Lois Mufuka Martin joins its education practice, and Alicia Salerno has been

funding

Nowsta Secures $41 Million in Funding

Brooklyn-headquartered Nowsta, which provides a cloud-based workforce management platform to enterprises, has raised $41 million Series B funding from GreatPoint Ventures and joined by VMG Catalyst, Rally Ventures, Tribe Capital and existing investors Green Visor Capital, Compound Ventures and Clocktower Technology Ventures. This latest funding round will be used to help Nowsta scale operations across 25

trends

Moving Forward in 2022 Requires a Sticky Culture

2021 was the year of the employee. Around four million Americans exercised choice and quit their jobs each month in a trend that has become known as The Great Resignation. For 2022, a new report from DHR Global concludes, it is a business imperative for companies to stop the flow of employees exiting and ensure

recruiting

Caldwell Recruits President and CEO for Rocky Mountaineer 

Toronto-based Caldwell has assisted in the recruitment of David McKenna as president and chief executive officer of Rocky Mountaineer in Vancouver, Canada, Drew Railton, Les Gombik, John Davidson, Tim Bostick, Natalie Stones and Meghan Harrelson led the assignment. “Rocky Mountaineer is an iconic tourism experience, a global champion, so it is fitting we have a tourism visionary, champion and

recruiting

Leaders International Seeks CEO for the Alberta Chambers of Commerce 

Leaders International, an executive search firm with eight offices across Canada, has been enlisted to find the next president and chief executive officer for the Alberta Chambers of Commerce (ACC). Leading the assignment for the Toronto-based search firm are partner Anurag Shourie and consultant Cecilia Oteiza-Ayres. The president and CEO is responsible for providing efficient and

recruiting

CIO Partners Called in by PropertySync to Lead CTO Search

Skilled IT leaders are among the toughest to find. CIO Partners was recently selected by PropertySync to lead their search for the role of chief technology officer. As PropertySync’s exclusive search partner for this role, the search firm will conduct the initial review of all candidates. Located remotely in the Pacific Northwest, PropertySync’s mission is to transform

partners

InterSearch Worldwide Elects Chairman for the Middle East

InterSearch Worldwide, a global alliance of executive search companies with 90 offices in 50 countries, has elected Ehab Hassan as chairman, Middle East. “We are very pleased to have Ehab join our executive leadership team as chairman of the Middle East,” said Samantha Robinson, managing director Middle East. “He brings the breadth and depth of experience,

performance

Caldwell Posts Q1 Revenue Gain of 112 Percent

Toronto-based Caldwell posted Q1 revenues of $38.4 million (Canadian), a 112 percent increase from a year ago. Financial results include those of IQTalent Partners (IQTP) beginning on the date of acquisition of December 31, 2020. “This was a record-breaking start to the year for Caldwell – consolidated revenue for the quarter was $38.4 million, representing a 112 percent increase

trends

4 Ways the Pandemic Changed How Job Seekers Seek Work

COVID-19 has impacted nearly every facet of our lives over the past two years. Companies moved to remote work and in the process adjusted to new ways of working. Through it all, a labor shortage has made talent acquisition leaders and their recruiting partners scratch their heads and wonder what can be done to attract and secure

trends

Jobless Claims Rise as Omicron Worries Continue

The Labor Department reported that 286,000 Americans have filed new claims for state unemployment benefits, an increase of 55,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 230,000 to 231,000. Still, the unemployment rate fell last month to a pandemic low 3.9 percent. The four-week moving average

recruiting

The Christopher Group Tapped by Dellbrook | JKS to Lead Top HR Search

Dellbrook | JKS, one of the Northeast’s fastest-growing construction companies, has selected The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, to lead its search for a vice president of human capital /people /human resources. Founder and CEO, Tom Christopher, and managing partner, Jeff Wilbanks are leading the assignment. “We are tremendously honored to have

partners

Stevenson Search Partners Launches Rebrand

Fort Lee, NJ-based Stevenson Search Partners (formerly The Stevenson Group), a global life science executive search firm, has launched a company-wide rebranding, including a new name, logo, visual identity and website. The search firm said the changes are meant to reflect its evolution into a modern and dynamic next generation search partner for life science

trends

Entering the New Frontier in Executive Recruiting

The last 24 months have changed everything. For businesses. For leaders. For employees. For executive recruiters. Now, as the dust settles, one fact becomes clear: Power has shifted. From organizations to people. From profit to mutual prosperity. From ‘me’ to ‘we.’ According to a recent Korn Ferry report, employees are now starting to ask human

recruiting

ON Partners Recruits Chief Revenue Officer for StarCompliance  

Top-drawer chief revenue officers are commonly found at start-ups and smaller businesses and tend to the bottom line while the rest of the C-level team expands key partnerships, seeks growth opportunities, or sources funding. That is changing. Larger businesses now view the CRO post as an essential, long-term role. In one recent search, ON Partners assisted in

recruiting

TurnkeyZRG Assists University of Wisconsin Recruit Head Soccer Coach

TurnkeyZRG recently placed Neil Jones as head soccer coach for University of Wisconsin. Mr. Jones previously led the Loyola University Chicago men’s soccer program for nine years. “We are thrilled to welcome Neil Jones as our next men’s soccer head coach,” said Chris McIntosh, Wisconsin’s director of athletics. “He has a proven track record of

recruiting

Greenwich Harbor Partners Recruits Board Members for Retro Report

Although boards of directors are considered the backbones of organizations, director recruiting has grown markedly more challenging, say recruiters who conduct searches in that area. As a result, companies continue to turn to executive search firms to help find new board members. Recently, Greenwich Harbor Partners placed Todd Larsen, president of the global Nexis Solutions division of LexisNexis;

trends

CannabizTeam Predicts 100,000 New Pot Jobs in 2022

Cannabis sector salaries are up across the board with increased demand for top-flight leaders driving double-digit increases in compensation for experienced managers and C-suite executives, according to a new report by CannabizTeam, a cannabis-focused executive search firm. Salaries, the study says, continue to increase above cost-of-living index due to competition and a shortage of employees with specialized cannabis

trends

Will the Great Resignation Cause a Pay Gap? 

For years, numerous companies have been trying to close the gap in pay for women and men who perform the same job. The effort has taken years for many organizations, along with threats of lawsuits and public pressure to bring women to parity, according to a new report from Korn Ferry. But just when many

recruiting

Lindauer Recruits CEO for Solar One 

Lindauer has assisted in the recruitment of Stephen Levin as the new chief executive officer of Solar One. CEO Deb Taft led the search along with assistant vice president Terri Rutter. “Stephen’s passion for the environment, leadership experience and deep commitment to working to improve communities make him an excellent choice to lead Solar One,” said Sara

Storbeck Search/Diversified Search Group Tapped to Lead Hunt for President of Hampton University

Higher education-focused search firm Storbeck Search, part of the Diversified Search Group, has been enlisted to find the next president of Hampton University in Hampton, VA. The assignment is being led by Shelly Weiss Storbeck, global education practice lead and managing director; Jeffrey Alston, senior associate; and Lisa Solinsky, senior associate. The expected start date for this position

funding

SeekOut Secures $115 Million in Funding  

SeekOut has announced a $115 million series C funding round led by Tiger Global Management. The round values the Seattle-based company – an artificial intelligence-powered talent search engine – at more than $1.2 billion. “The Great Resignation remains top of mind for both employees and employers as we enter 2022,” said Matthew Merker, research manager, talent acquisition

HR Leadership Lessons From the Early Days of the Pandemic

The world is both united and divided during the COVID-19 pandemic. It’s united in the sense of we are all adjusting to a “new normal” and the challenges—and some opportunities—that arise with a different way of living and working against the backdrop of genuine solidarity. The division comes in where nations fall in the crisis

Kenexa Acquires the Ashbourne Group

Kenexa Corporation, a global provider of business solutions for human resources, has acquired The Ashbourne Group, a supplier of HR and occupational psychology services to businesses in the U.K. and Ireland for almost 20 years. Terms and conditions of the deal were not disclosed. The Ashbourne Group is recognized for its intense focus on the

Atrium Staffing Appoints President in California

Atrium Staffing, a woman-owned staffing firm, has named Paul Cenni as the president for Atrium Staffing of California. Under Mr. Cenni’s leadership, Atrium will focus on recruiting for technology, finance & accounting, and administrative positions using Atrium's applicant-centric approach to find the best matches for its clients and applicants. Mr. Cenni brings decades of business

Social Recruiting on the Rise

Jobvite, a recruiting platform for the social web, has announced the findings of its annual Social Recruiting Survey and introduced the Jobvite Index which tracks actual social recruiting results. This new data reveals that social recruiting continues rapid growth among U.S. companies with 89 percent planning to recruit through social media this year, up from

Odgers Select Renamed Berwick Partners

Odgers Select, a division of Odgers Berndtson, has rebranded itself Berwick Partners. Berwick specializes in recruiting senior and middle management positions across the public and private sectors. Managing director of Berwick Partners, Richard Love, said: “This rebranding offers us the opportunity to underline our expertise in, and commitment to our core markets of focus: Senior

Worker Confidence Index Stagnant

The SFN Group Employee Confidence Index slipped 0.3 points to 47.8 in July. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, showed little change from June. However, a noticeable decline was seen in economic optimism, with fewer workers expressing confidence in the strength of the economy

TheLadders Enhances Free Recruitment Solution

TheLadders.com, a recruitment solution for professional talent ($100K+), has enhanced the search functionality for users of “Passport,” a free recruitment solution that allows employers and recruiters to post job advertisements and connect with a pre-screened pipeline of professional level candidates. Passport recruiters can now proactively search for and invite the right candidates to follow them

hrQ Expands in San Francisco

hrQ, an executive search and professional services firm focused exclusively on the human resources profession, has appointed Cynthia Herr as vice president and managing director of the San Francisco Bay Area office. Ms. Herr joins hrQ directly from Lee Hecht Harrison, a talent solutions company, where she was the vice president of business development since

Canon Recruiting Group Receives 3.5 Million in Funding

Canon Recruiting Group LLC has established a $3.5 million line of credit with Crestmark Bank of Michigan. The new credit facility will serve to expand the company's previous line of credit and to enhance its staffing and payroll capability to support our firm's very strong growth. Tim Grayem, president of Canon Recruiting Group, said: “We

RSA Appoints Managing Director in Switzerland

RSA, a global life sciences executive search and interim management specialist, has named John Callagher as managing director of RSA Switzerland. Mr. Callagher comes to this role having recently served as global managing director of SpenglerFox, a globally networked executive search and human capital solutions firm that he co-founded in 2003 with fellow directors of

Taleo Records 24 Percent Revenue Jump

Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted second quarter 2011 revenues of $69.7 million, a 24 percent increase from $56.3 million during the same period a year ago. The company recorded a loss $8.1 million, or 20 cents per share, compared to a net loss of $1.4 million, or 4 cents

Online Labor Demand Down 217,000 in July

Online advertised vacancies were down 217,000 in July to 4,154,500, according to according to The Conference Board’s Help Wanted OnLine Data Series (HWOL). The July drop follows a decline of 100,000 in June after a basically flat period in April and May. The supply/demand rate stands at 3.22, indicating there were just over three unemployed

Clark Langdon Retained by French Private Equity Firm Creadev

Recruiting firm Clark Langdon Partners has been selected by Creadev, a leading French private equity firm, to conduct a CEO search for Voltalia. Clark Langdon, founded by Simon Clark, has more than 18 years experience in senior level retained executive search. The firm operates from Monaco for clients primarily based in the U.S. within the

MyJobLinx Creates New Social Recruiting Solution

myJoblinx Inc. has introduced a social recruiting solution that enables Facebook's 750 million users to search, view, and apply for jobs on a company's Facebook fan page. While driving talent to employers, myJoblinx promotes company brands with multimedia and offers real-time analytics for measuring a business' recruiting efforts through its Facebook fan page and other

Herbert Mines Adds New Managing Director

New York-based executive search firm Herbert Mines Associates has added Kevin Duffy as a managing director. Mr. Duffy has more than 20 years of search experience, most recently as a senior client partner at Korn Ferry International. Founded in 1978, Herbert Mines focuses exclusively senior-level search assignment in the retail, consumer products, fashion/apparel, e-commerce and

Inside Edge Legal Expands Staff

Inside Edge Legal (IEL), the legal contract staffing affiliate of legal search firm Major, Lindsey & Africa, has named Eun Kim as a recruiter in its Washington, D.C. office. “Eunnie is a tremendous addition to the IEL team,” said Greg Richter, IEL’s global practice leader. “Her knowledge of the D.C. legal market, enthusiasm and commitment

SourceRight Solutions Appoints Senior Director

SourceRight Solutions, a division of recruiting giant SFN Group, has named Hary Bottka as senior director of global solutions. In this capacity, Mr. Bottka will be responsible for continuing the development of SourceRight Solutions' leadership position in both RPO and MSP solutions, into the global arena. Most recently, he was a director in the HR

Dowd Associates Recruits Treasurer for AMC Networks

Dowd Associates Executive Search has placed Joseph Donovan as senior vice president and treasurer of AMC Networks. Prior to joining AMC, Mr. Donovan served as vice president and assistant treasurer for The Nielsen Company. Anchored by American Movie Classics, AMC’s assets include The Sundance Channel, WE: Women’s Entertainment, and the Independent Film Channel. Dowd Associates

Kforce Posts Solid Revenue Increase

Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has posted revenues of $274 million for the second quarter, an 11.3 percent increase compared to $246.1 million a year ago. For the quarter ended June 30, 2011, Kforce reported net income of $6.8 million, or $0.17 per share, versus $4.8 million, or $0.12 per

RSR Partners Adds to Industrial Practice

RSR Partners, a corporate governance and executive search firm based in Greenwich, Conn., has named Colin Graham as a managing director and member of the firm's industrial practice. Previously, Mr. Graham was a principal with Korn/Ferry International, where he was a member of the firm's global industrial recruiting practice, focusing on the diversified manufacturing and

Heidrick & Struggles Finds New CEO for Acxiom

Chicago-headquartered executive search firm Heidrick & Struggles International has placed Scott E. Howe as president and chief executive officer of Acxiom Corporation. Mr. Howe is a former corporate vice president of Microsoft Advertising Business Groups. Acxiom is a provider of marketing services and technology that enable marketers to successfully manage audiences, personalize consumer experiences and

Lucas Group Names HR Practice Managing Director

Search firm Lucas Group has added Keith Nemeth as managing partner of the newly launched human resources recruiting practice in Dallas. Mr. Nemeth is a 15-year veteran of the recruiting and staffing industry and brings extensive experience to his new position at Lucas Group. The human resources office in Dallas is the seventh HR office

PeopleFluent Partners with LinkedIn

Peoplefluent, a provider of solutions for talent management, vendor management and workforce compliance and diversity, has partnered with LinkedIn to connect its customers with over 100 million potential applicants worldwide. Today's news, in conjunction with the “Fluency on the Move” mobile product line introduced by Peoplefluent earlier this month, underscores the company's intuitive talent management

HSBC to Cut 30,000 Finance Positions

British banking giant HSBC will cut 30,000 jobs worldwide by 2013 — 10 percent of its global workforce — and sell almost half its bank branches in the U.S., part of a new strategy to cut back on retail operations and focus instead on fast-growing emerging markets. The bank, which reported a three percent increase

New Launch for BCL Legal

BCL Legal, a legal recruitment consultancy, has launched a new department that will help law firms of all sizes recruit non-legal managerial and support staff. The team is headed up by Emma Anthony, who has over 13 years experience in the recruitment industry, and will be operating across the regions sourcing personnel for a variety

CDI Posts 20 Percent Rise

CDI Corp./(NYSE:CDI), a provider of IT-focused recruitment solutions, posted second quarter revenues of $262.7 million, an increase of 20 percent from revenues of $219 million in the prior year quarter. The company reported net earnings of $12 million, or $0.62 per diluted share, versus $2.6 million, or $0.13 per diluted share, in the year-ago second

Cook Associates Places Heidrick CFO at Asbury Automotive

Chicago-based Cook Associates Executive Search has placed Scott Krenz as senior vice president and chief financial officer at Asbury Automotive Group, Inc. The search was led by Colleen Hulce, managing director and head of the firm’s CFO and financial officers practice. Asbury, headquartered in Duluth, Georgia, is one of the largest automotive retailers in the

Despite Economy Headhunters Remain Optimistic

Executive search professionals gave a 66 percent positive prediction for their industry in the second half of the year with the greatest optimism coming from consultants in Asia Pacific and the Americas, according to a report released by the Association of Executive Search Consultants (AESC). Executive search consultants predict that China, Brazil and India will

Russell Reynolds Associates Bolsters New York Area Team

Global executive search and assessment firm Russell Reynolds Associates has announced the addition of Matt Comyns as executive director to the firm's technology sector, Jim Lawson as associate to the firm's corporate officers sector and Timothy Joyce as associate to the firm's industrial/natural resources sector. Mr. Comyns and Mr. Lawson will be based in New

Amrop Makes Additions to Board

Global executive search firm Amrop has welcomed Sabine von Anhalt (Germany), Preety Kumar (India) and Svein Ruud (Sweden) to its global management board. Ms. von Anhalt is a managing partner of Amrop Delta in Germany. Her international career began at Schering AG, working in Germany, South Africa, Sweden, Norway and other global markets, where she

Diversified Search Fills Post for Hasbro

Diversified Search has placed Steven Zoltick as vice president of information technology global operations at Hasbro, Inc. This search was conducted by Hugo Fueglein, managing director. Hasbro is a branded play company providing children and families around the world with a wide-range of immersive entertainment offerings. Diversified Search offers global search capabilities with industry specialization

ManpowerGroup Posts 24 Percent Revenue Gain

ManpowerGroup/(NYSE:MAN) has posted revenues of $5.7 billion for the second quarter ended June 30, 2011, a increase of 24 percent from a year earlier. The Milwaukee-based company recorded earnings of $72.7 million, or 87 cents per diluted share, compared to net earnings of $32.7 million, or 40 cents per diluted share, a year earlier. ManpowerGroup

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