Daily Newswire


Korn Ferry Posts Three Percent Revenue Decline

Korn Ferry (NYSE:KFY) has posted 2024 fiscal year-end revenues of $2.7 billion, a decrease of three percent from the prior year. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – also reported fourth quarter revenue of $691 million, a decrease of five percent. Moderation in fee revenue from its talent


Senior Executives Face Possibilities and Pressure in Life Sciences Sector

While the challenges facing life sciences worldwide are vast and varied, clear trends uncovered in three key economies indicate that medical fields are undergoing massive changes—changes that will require brave, ethical leadership, according to a recent report from Signium. “The life sciences industry is no stranger to controversy and conflicting opinions, and as the world

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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.


When to Start the CEO Succession Planning Process

Boards are often reluctant to engage CEOs on their inevitable departure—even when the event may be imminent. Orchestrating succession timing feels like a complicated, delicate maneuver, even though discussing it should be part of business as usual, according to a new report from Egon Zehnder’s Kati Najipoor-Smith and Frank Heckner. “Highly effective boards ensure that

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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?


Kincannon & Reed Recruits CEO for Meiogenix

Executive recruitment firm Kincannon & Reed, which exclusively focuses on food, agribusiness, and the related life sciences, has helped to recruit Ricardo Garcia de Alba as CEO of Meiogenix, Inc. an agriculture biotech company that develops disruptive new products based on its proprietary chromosome editing technology. He will succeed Luc Mathis, who has led the company for the


Eastward Partners Acquires Press and Associates

New York-based Eastward Partners has acquired executive search firm Press and Associates. Financial terms of the deal were not disclosed. Press & Associates, founded by its namesake, Paul Press, in December 2016 to be a search firm that exclusively supports private equity firms, and their portfolio companies hire executive-level talent across the technology function. Prior to the


A Guide to Serving on a Search Committee

Search committees harness a range of perspectives to determine or advise on who will be placed in critical leadership roles. In offering their time, wisdom, and points of view during periods of change and transition, members of a search committee work together not only to fill a position but to build a bridge from one


SearchWide Global Seeking New Leader for Visit Florida Keys

Executive recruitment firm SearchWide Global has been selected by Visit Florida Keys to lead in its search for a new president and CEO. Senior vice president Kellie Henderson is spearheading the assignment. The CEO of Visit Florida Keys oversees the use of the tourism development taxes (TDT) collected in Monroe County, FL, through the Tourist Development Council


Academic Career & Executive Search Seeking Dean for Boise State University

Academic Career & Executive Search (ACES) has been tapped by Boise State University to lead in its search for a dean for the College of Engineering. Jennifer Muller, managing partner, is leading the search. The next dean must have a growth mentality and future-oriented outlook for the acquisition and allocation of resources to address strategic goals that position the


Advice to New CEOs Building Their Team: Lead with Purpose, Embody Culture & Be Decisive

In Spencer Stuart’s role supporting hundreds of CEO transitions annually, one of the most common aspirations they hear from incoming leaders is the desire to develop an executive leadership team of direct reports that is enterprise-focused, highly collaborative, accountable to each other and widely respected. This ambition is well-founded: Aligned leadership teams grow revenue more


Caldwell Posts 12.8 Percent Revenue Gain

Toronto-based Caldwell posted Q3 revenues of $29.5 million (Canadian), a 12.8 percent gain from the same period a year ago. “Our team delivered significant revenue growth in the third quarter,” said John Wallace, chief executive officer. “Caldwell saw an 77 percent increase in professional fees over our second quarter, which we are attributing to two factors. First,


The Moran Company Tapped by Options for Supported Housing to Find New Leader

The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has been retained by Options for Supported Housing to lead in its search for a new executive director. Ann Graff, senior search consultant, is leading the assignment. The executive director is responsible for leading the organization in conducting and facilitating operations, working to market


AI to Inject Rigor, Value and Agility into the Talent Game

More than 75 percent of CEOs predict that AI will change their businesses in the next 36 months. That means the very structure of organizations and their future talent demands are in for one massive jolt. It also begs the larger question: What changes are in store for recruiters and talent acquisition leaders as AI


Frederickson Partners Recruits Interim Chief People Officer for SeekOut

Many changes in the workplace today are making it hard for companies to find and retain top senior-level talent. This has caused more organizations to look to interim leaders to fill talent gaps. Global HR search firm Frederickson Partners recently assisted in the recruitment of Katie Coupe as the new interim chief people officer of talent intelligence platform


Bay Street Advisors Expands Investment Banking Team

Executive recruitment firm Bay Street Advisors has expanded with addition of Rhona Crockett as a key member of its investment banking team. “Rhona’s extensive experience and proven track record in the industry make her an invaluable addition to our team,” said Larry Baum, founder and CEO of Bay Street Advisors. “Her expertise will significantly bolster our capabilities


Why Every Private Equity Portco CEO Needs a Chief of Staff

The role of a chief of staff has evolved from its origins in the military and government to become a pivotal position in the corporate world. Initially coined by McKinsey for the U.S. government, the chief of staff role has transitioned into the private sector, proving particularly invaluable in private equity portfolio companies (portcos). For


DRiWaterstone Human Capital Tapped by the San Diego Workforce Partnership to Lead CEO Search

Arlington, VA-based DRiWaterstone Human Capital has been selected by the San Diego Workforce Partnership (SDWP) to lead in its search for a new CEO. Senior consultant BJ Davis is leading the assignment. Following a competitive RFP process this spring, SDWP’s joint personnel committee selected DRiWaterstone Human Capital to lead the search due to the firm’s record


Human Capital Solutions Expands to Miami

Human Capital Solutions a boutique consulting firm specializing in retained executive search, professional recruiting, and professional coaching, has opened a new office in Miami. The addition of an office in downtown Coral Gables, FL, is what Human Capital Solutions’ CEO, Bo Burch, believes to be a necessary step in the growth of the business. “With offices


7 Ways To Build A Stronger C-Suite Leadership Pipeline

Hiring from within can often manifest itself in stagnant, slow growth environments. What PE operating partners have figured out is that talent – especially at the top of an organization – is the critical value creation lever. In case after case, that talent is injected from the outside. “When you need fresh insights, new approaches and a clear-eyed


Academic Search Recruits Provost for Aurora University

Education-focused executive recruitment firm Academic Search has assisted in the recruitment of Paaige Turner as the new provost and executive vice president for academic affairs for Aurora University. Maya Ranchod Kirkhope led the assignment. “Dr. Turner is an exceptional individual who embodies the enterprising, service-oriented, and creative academic leadership that defines our university,” said Susana Rivera-Mills, president


The ECI Group Adds BeecherHill as Newest Member Firm

Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. The ECI Group, a global network of independent executive search firms, has added BeecherHill


Leadership Confidence Falls to Three-Year Low

During the three years that Russell Reynolds Associates has tracked leadership confidence, the world has faced a relentless cycle of multiple, conflicting, and often unpredictable issues. From the conflicts in Ukraine and the Middle East and their destabilizing effects on the world, to inflation, rising interest rates, and the launch of ChatGPT igniting massive interest in


Borrer Executive Search Recruits CHRO for Teoxane

CHROs have become critical stakeholders in defining the strategy of a company. Their job description calls for them to tackle the HR challenges and evolving expectations of a dynamic workplace environment that will consist of constant change, calculated risk-taking, and evolving expectations from top stakeholders. Those well-equipped to achieve the greatest success will have diverse skill-sets,


FMG Leading Introduces New Approach to Developing Next Generation Healthcare Leaders

Human capital advisory firm FMG Leading has unveiled a new approach to developing high-potential and next-generation healthcare leaders. “The data-driven, collaborative process has reliably delivered high value to healthcare organizations for more than four decades, preparing leaders to effectively navigate the industry’s most pressing challenges and yielding substantial, measurable results,” the company said. This process is


The People Side to AI in the Workplace

AI, including generative AI, will automate tasks humans perform today, giving us the capacity to focus on strategic and creative tasks which only humans can do—those that require intuition, experience, empathy and the other attributes which will continue to elude the “smartest” AI is indeed reshaping how businesses operate, but people will remain at the


Reffett & Associates Recruits 13th Architect of the Capitol

After an intensive, nation-wide search a bipartisan coalition from the United States Congress has named Thomas Austin as the nation’s 13th Architect of the Capitol . Seattle, WA-based Reffett & Associates assisted with the search. The assignment was led by Marshall Reffett, managing director in Seattle, and Washington D.C., along with assistance from the entire Reffett &


Employers Add 206,000 Jobs in June

Employment rose by 206,000 in June as the U.S. unemployment rate rose slightly to 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed persons was 6.8 million in June. Job gains occurred in government, healthcare, social assistance, and construction. Among the major worker groups, the unemployment rates for adult women


A Look at How Data-Driven, Tailored Search Drives Growth in Today’s Market

Executive search has entered a new phase of evolution. Recruiters say that while old-school search firms across the industry continue to ply the same old trade they always have, a new breed of search is producing outsized returns for clients. “At Bespoke Partners, we are at the forefront of this evolution,” said Eric Walczykowski, CEO


Preng & Associates Recruits CEO for Kimmeridge Texas Gas

Houston-based Preng & Associates has assisted in the recruitment of David Lawler as CEO of Kimmeridge Texas Gas (KTG), an affiliate of Kimmeridge. “We welcome David to the Kimmeridge Texas Gas team as it enters a compelling new era of growth, while accelerating carbon neutrality through the development of environmentally responsible, low-cost energy assets,” said Ben Dell, managing partner of

Using Leadership Assessment to Win the PE Talent Wars

Talent has become an increasingly acknowledged driver of value creation in private equity firms as pressure to deliver outsized returns increases. With this, PE funds have invested in executive recruiting services and built out their own internal functions to find the best talent in an increasingly competitive landscape. Nevertheless, the evaluation process for talent hasn’t

The Lapham Group Completes Search for Ascot

The Lapham Group has recruited Mark Totolos to the newly created role of senior vice president, captive solutions, Ascot U.S. He will be a part of the portfolio solutions group, reporting into Tony Lyons, head of portfolio solutions, and be responsible for setting and communicating the vision, value proposition, and long-term business strategy for the organization’s

Instawork Raises $60 Million in Funding

San Francisco based Instawork, a platform for connecting businesses with skilled hourly workers, has raised $60 million in a series D funding round led by TCV. The round also included participation from new investors 9Yards Capital and Larry Fitzgerald Jr., as well as existing investors Benchmark, Spark Capital, Craft Ventures, and Greylock. With this new

Will the Labor Shortage Ever End?

Labor shortages can occur due to various reasons, such as demographic shifts, changes in labor market conditions, skill mismatches, or economic factors. Ever since the pandemic, U.S. companies big and small have been scrambling to find enough workers to stay fully staffed, according to a new report from Bob Gershberg, managing partner and CEO of

Leadership Traits That Matter in Times of Crisis

What a difference context makes in our perceptions of leadership. After 9/11, Jose J. Ruiz,  chief executive officer of executive search firm Alder Koten, asked a group of friends from New York what they thought of Rudolph Giuliani. They unanimously replied that he was a great leader – decisive, assertive, and determined, with the ability

DRiWaterstone Human Capital Leads CFO Search for the Academy of Management

Arlington, VA-based DRiWaterstone Human Capital has been selected by the Academy of Management to lead its search for a new chief financial officer. The position is responsible for strategic leadership and broad financial stewardship of all aspects of the Academy of Management’s finance and accounting functions to ensure the association’s financial health and the fulfillment of

Hightech Partners Boosts European Presence

Digital-focused executive search firm Hightech Partners (HTP) recently expanded with the addition of international human resources executive Roberta De Ponti as a partner. “International reach, passion for technology, and top-quality HR services are the DNA of Hightech Partners,” said Raffaele Jacovelli and Bert Vermeiren, managing directors of HTP. “Roberta has all of those and is therefore a wonderful

Private Equity Sector Demand for Talent Reaching Record Pace

Historically, priorities for hiring senior leadership were strongly focused on an individual’s technical (hard) skills, as well as focusing on candidates with direct industry and functional experience. This formula proved to be successful for many executive hires, but certainly not all, according to Russell Boyle, a partner and co-head of the U.S. financial officers practice

How PE and VC Firms Can Develop a Go-to-Market Recruitment Strategy

Private equity and venture capital firms are closing more and more deals particularly. As a result, competition for talent among start-ups, emerging technologies and portfolio companies has never been more competitive, according to a report from Chapel Hill Solutions’ Julian Rives. “Typically, most PE and VC firms approach recruiting and talent acquisition reactively – or hiring when a

NorthWind Partners Recruits CEO for DMI

Reston, VA-headquartered executive search firm NorthWind Partners has assisted in the recruitment of Rocky Thurston as the new CEO of DMI, a global digital transformation solutions company. Partner Hunter Murray led the assignment. He succeeds Sunny Bajaj, the company’s founder, who served as CEO since 2002 and will remain on DMI’s board of directors. “It has been

ON Partners Recruits Chief Medical Officer for Sangamo Therapeutics

Chief medical officers are typically cited as the senior government official designated head of medical services, sometimes at the national level. The post is held by a physician who serves to advise and lead a team of medical experts on matters of public health importance. According to recruiters, the role of the chief medical officer has evolved in recent

JM Search Names Co-Practice Leader for Media, Entertainment, Martech & Communications Practice

JM Search has expanded with the addition of Laurie Rosenfield as partner and co-practice leader for the firm’s media, entertainment, martech & communications team. She will work alongside partner and co-practice leader, John Warrack to further expand the firm’s team dedicated to identifying and recruiting transformative leadership for companies sitting at the intersection of content, audience reach

Why Agility is the Key to Success Today

We’d just about got used to being in a VUCA (volatile, uncertain, complex, ambiguous) world when a new acronym popped up – BANI (brittle, anxious, nonlinear and incomprehensible) to describe the current macro environment. A global pandemic, new ways of working, war, and recessionary pressures have combined to challenge how businesses not just survive, but

The Search for Private Equity Senior Executives

Recruiting new executive talent for private equity portfolio companies is a growing business for many executive search firms. Whether as part of the due diligence leading up to an acquisition or once the deal is closed, PE firms must identify and hire the right talent to drive their investment forward, according to a recent report

WittKieffer Seeks CEO for March of Dimes

Oak Brook-IL-based WittKieffer has been selected to find the next president and chief executive officer for the non-profit March of Dimes, which supports the health of mothers and babies. Leading the assignment are consultants Jim King, Donna Padilla, Christine Pendleton, and John Fazekas. Last November, the non-profit’s former leader, Stacey D. Stewart, announced that she was

Arts Consulting Group Seeking New Leader for the New England Museum Association

Boston-based search firm Arts Consulting Group (ACG) has been enlisted to find the next executive director for the New England Museum Association (NEMA). Wyona Lynch-McWhite, senior vice president, and Geoff Chang, vice president, are leading the assignment for the search firm. Reporting to the board of directors, the executive director of NEMA will be responsible for supervising all aspects

BrainWorks Appoints Practice Leader – Go-To-Market Search, Private Equity/Insurance and Financial Services

Warren, NJ-based executive search firm BrainWorks expanded with the addition of Liam Garrity as the national practice leader – go-to-market search, private equity/insurance and financial services. “We welcome Liam Garrity to our BrainWorks team,” the search firm said. “Liam joins as the national practice leader – go-to-market search, private equity/insurance and financial services. He is

Executive Hiring Starts the Year on the Rise

After a precipitous drop in executive hiring to close out 2022, the market—overall—seems to have found stability, according to a newly released report from executive recruiting software provider Thrive. Opened searches increased nearly 12.5 percent quarter over quarter in the first quarter of 2023, the largest quarterly growth the company says it has seen in

Artico Search Recruits Chief Marketing Officer for BigPanda

As organizations becomes more complex and power shifts from producers of goods and services to consumers, the chief marketing officer’s job of planning and coordinating marketing activities has become more challenging — and much more influential. Mercedes Chatfield-Taylor of Artico Search recently assisted in the recruitment of Sun Lee as the new chief marketing officer of BigPanda, Inc.,

Bryant Group Seeking President and CEO, University Advancement for the Montana State University Alumni Foundation

Dallas-based executive search and talent development firm Bryant Group has been retained to recruit the next president and CEO/vice president, university advancement of the Montana State University Alumni Foundation. Chris Bingley, president of Bryant Group, is leading the assignment. “Montana State University has been fortunate to thrive under the leadership of its president, Dr. Waded

Riviera Partners Adds New Senior Leaders

San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has appointed Megan Martin as vice president of marketing, and Jeff Crowell and Kara Landon as senior directors of partnerships and business development. Ms. Martin will oversee Riviera’s global marketing strategy and implementation of marketing programs. Mr. Crowell and Ms.

ZRG Partners Appoints Leader of EMEA Human Capital Practice

ZRG Partners has expanded with the addition of Malcolm Kemp as managing director and leader of the human capital practice. In his new role, he is accountable for profitability, client engagement, and overall growth of the firm’s EMEA human capital practice. “Malcolm is a demonstrated leader of people and talent and was the top biller

The Market for Senior Roles Heating Up at Private Equity Firms

Recruiting the right people to put in senior roles at PE portfolio companies and developing executive leadership teams to drive growth is hotter than ever. The most direct way a search partner can help PE/VC firms looking to build out management teams is obviously to identify, attract, and introduce strong talent. But, the true value

GeniusMesh Helping PE and VC Firms Find Talent Using AI

The fundamental strategy of private equity and venture capital firms is to unlock the intrinsic but unrealized value in the mature companies that they add to their portfolios. The keys to success are the professionals from the PE and VC firm who take an active role in implementing revised strategies, according to new report from

A Look at the Private Equity Sector in Canada

Like in many other regions, the private equity sector in Canada is expressing a mixed forecast for the rest of this year. While some firms are experiencing healthy fund raising and deal activity, others are curtailing targets and managing LP liquidity concerns, given the 20-year low in equity financings to date in 2023, according to Bill

JM Search Assists Summit Plastics with CEO Search

Hayden Tewell and Eric Stenholm of JM Search recently assisted in the placement of Joseph Piccione as the new CEO of Summit Plastics, Inc., a LongueVue Capital portfolio company and manufacturer of custom packaging solutions. “The appointment of Joe is an excellent development in Summit’s growth,” said Paul Ebbert, specialty packaging operating partner of LongueVue Capital. “Joe’s strong reputation, skill set, and experience

Bespoke Partners Recruits Chief Commercial Officer for Billtrust

Tess Fischer and Alexandra Bossetta of San Diego, CA-headquartered executive search firm Bespoke Partners have placed Scott Collins as the chief commercial officer for Billtrust, a B2B order-to-cash software and digital payments market leader. “Scott brings a wealth of experience to the role, and I am excited to welcome him to Billtrust,” said Sunil Rajasekar, CEO. “At this key time

Help Wanted: Why RPO Is Tailor Made For Explosive, Near Term Growth

Recruitment process outsourcing (RPO) streamlines the hiring process by removing administrative bloat and enabling scalability in times of growth. In a new report, Technavio unpacks how this will lead to 15.2 percent CAGR between now and 2027 when global RPO is set to hit $22 billion in market size. Off-loading the recruitment process to an RPO provider

SourceLab Search Continues Aggressive Growth

Just over one year ago, The Bachrach Group’s digital division branched off from its parent company to form its own entity, SourceLab Search. In that time, senior vice presidents James Schindler and Max Siegman has grown and strengthened its services. “I am beyond thrilled about the success and growth of SourceLab in its first year,”

Lochlin Partners Recruits CFO for American Chemical Society

Executive search firm Lochlin Partners recently assisted in the recruitment of Emily Kunchala as the new treasurer and CFO for the American Chemical Society (ACS) in Washington, D.C. She succeeds Albert G. Horvath, who recently moved into the CEO position. “We are very pleased that Emily has agreed to join ACS,” said Mr. Horvath. “She brings with her

Education Executives Seeks President for The Ohio State University

Santa Barbara, CA-based Education Executives has been chosen to find the next president of The Ohio State University (OSU) in Columbus. Former president Kristina Johnson announced in November that she would be stepping down from the role at the end of the academic year, in May. She later said that her resignation was fueled by

WilsonHCG Integrates Recent Acquisitions

Global talent solutions provider Wilson Human Capital Group (WilsonHCG) has announced that two of its brands, Profile Search & Selection (Profile) and Personify, are being fully integrated into WilsonHCG in the coming weeks. The integration follows the acquisitions of Profile and Personify, which closed in 2020 and 2023, respectively. Profile is an executive search firm with offices

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