DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Bain & Co. Says Building A Value Creation Plan Starts With Building An A-Team
In a recent report, Bain & Company highlights a number that immediately changes the temperature in the room: private equity owners replace 50 percent to 70 percent of portfolio company CEOs during the hold period. It is a stark reminder of how demanding the PE ownership model can be for leaders unfamiliar with the speed and discipline
AI Won’t Replace Retained Search; It Will Reveal Who’s Doing It Well
In executive search, the real AI question is no longer if it belongs in the process, but how it can sharpen human judgment instead of diluting it. “Everyone is piloting AI somewhere in the talent stack,” said Mike Caggiano, co-founder and CEO of ExactSearch.AI. He explained that the executive tier is where the question shifts
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.
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
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?
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
Wilton & Bain Expands Interim Management Business
Global executive search and interim leadership firm Wilton & Bain has named Oliver Bentley as partner within its interim management business. He will focus on senior interim appointments across consumer markets in business transformation, technology and digital. “I am delighted to welcome Oliver to Wilton & Bain,” said James Humphreys, managing partner at Wilton & Bain.
Boards Weigh Internal vs. External CEO Candidates in Succession Planning
Choosing between an internal and external CEO candidate is rarely as simple as favoring continuity or change. For boards and executive search firms, the more important question is whether the succession process is anchored to the company’s future mandate and the leadership capabilities required to deliver it. The internal-versus-external CEO debate often starts with a
Pyramind Places New Leader for The International Institute
Following a national search, Falls Church, VA-based executive search firm Pyramind has placed Chad Leahy as the next director of The International Institute. “Chad came to Madrid on September 1 and has begun meeting with Institute staff, familiarizing himself with his new duties, and following the completion of this summer’s improvement projects in the Institute building,”
NPAG Recruits CEO for Dream.Org
Executive search firm NPAG has assisted in the recruitment of Janos Marton as the new CEO for Dream.Org in Oakland, CA. The search was being led by Phuong Quach and Sharon Gertsman. Mr. Marton joined Dream.Org as CEO after spending the past five years leading advocacy work at the organization, where he helped build coalitions and advance
Stevenson Search Partners Expands
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has expanded with the addition of Jim LoSapio to its on-demand talent solutions team as director, business development. “Jim has developed a strong understanding of the unique talent, consulting, and resource challenges facing life sciences organizations
Top 5 Hiring Trends for 2025
Whether you’re planning your talent acquisition goals or headcount forecasts, it helps to know the latest hiring trends. For instance, labor market dynamics shifted in employers’ favor in 2024, with workers more willing to remain in their current roles, strengthening talent retention, according to figures from LHH. But LHH’s research suggests this change in employee sentiment
Calibre One Fills CTO Post For StarCompliance
U.K.-based executive search firm Calibre One has placed Sunil Sehdev as chief technology officer of StarCompliance. Mr. Sehdev comes to StarCompliance from Fizzback, a division of NICE serving the sentiment analytics space, where he served as head of R&D. StarCompliance is a provider of enterprise compliance and regulatory software solutions. Based in North America, Europe,
HYA Executive Search Handling Search For The Linn-Mar School
HYA Executive Search has been selected by The Linn-Mar School to lead in its search for a new superintendent. The new superintendent will succeed Katie Mulholland, who will retire June 30, 2015, after serving at the helm of the Marion, Cedar Rapids and Robins-encompassing school district for the past 12 years. HYA Executive Search is
Cielo Enters Singapore Market
Cielo (formerly Pinstripe & Ochre House), a provider of global talent acquisition and management solutions, has entered the Singapore market. Taimur Shah has been assigned as regional account director for Asia Pacific. In this new role for the organization, Mr. Shah joins Paul Daley, Cielo’s director of Asia Pacific and Chris Herrmannsen to form the
Kaye/Bassman Completes Search for Cohnreznick Advisory Group
Kaye/Bassman International Corp. has placed Keith Denham as managing principal and national director of CohnReznick Advisory Group. John McSpadden, managing partner and practice leader for both professional services and private equity practices at Kaye/Bassman International, led the search. Mr. Denham brings a 21-year career from Deloitte, where he was national advisory leader for Deloitte’s consumer
Parker Executive Search Leading President Search For University of Illinois
Atlanta-based Parker Executive Search is currently leading the search for a president for the University of Illinois. University trustees hope to have a new president hired by November. Current president Bob Easter plans to retire in June. Parker Executive Search conducts executive searches globally for corporations, colleges and universities, and collegiate athletics.
Waldron Names VP of Organization and Leadership Development
Social sector focused executive search firm Waldron has added Nancy Winship as vice president of organization and leadership development. She brings over 30 years of experience designing and implementing leadership and organization development systems, with an emphasis on aligning programs with strategic change initiatives. Prior to establishing an independent practice, Ms. Winship worked for Microsoft
PEHHS Inks Deal to Provide Executive Recruiting Services to Tuputele Ventures
Tuputele Ventures, a firm that specializes in investing in early-stage companies in the technology and financial industries, has retained PEHHS.com for the executive recruiting needs of new portfolio companies. “As a leader in the venture capital industry, we are confident we’ll be able to meet the demands of Tuputele Ventures before year’s end,” said Wesley
Wurster Partners Recruits Chief Experience Officer For MGM Resorts
Executive search firm Wurster Partners has placed Lilian Tomovich as the chief experience officer of MGM Resorts International. With more than 20 years of marketing communications experience in the financial services, telecom and retail industries, Ms. Tomovich joins MGM Resorts from MasterCard International where she held a variety of marketing roles both in Canada and
B.E. Smith Leading COO Search For Good Shepherd Health Care
Executive recruiting firm B.E. Smith has been retained by Good Shepherd Health Care System to lead in its search for a new chief operating officer. Good Shepherd Health Care System is a progressive, not-for-profit healthcare organization serving a population of more than 35,000 in Umatilla and Morrow counties. Founded in 1978, B. E. Smith is
Leadership Capital Group Expands Advisory Board
Leadership Capital Group has expanded its advisory board with the appointment of Alexandra Aleskovsky, a veteran senior executive with experience across consumer facing industries in traditional and digital companies ranging from start-ups to the Fortune 500. Ms. Aleskovsky has been a leader and pioneer in the digital space since the late 1990s and has led
PageGroup Makes Promotions
Recruitment consultancy PageGroup has promoted Marcus Johnson to operating director for Michael Page Finance and Peter Simmonds to operating director of Michael Page & Page Personnel Logistics. Mr. Johnsons joined the company in 2007 as a consultant in Michael Page Finance and was promoted to manager in 2009 for East Reading. In 2011, he took
BNG|TRANSEARCH Completes Search For Catalent Pharma Solutions
BNG|TRANSEARCH has recruited Joseph Beninati as vice president of total rewards and HR technology at Catalent Pharma Solutions. Mr. Beninati’s previous experience includes global compensation and benefits leadership roles within top global corporations. Catalent Pharma Solutions is a portfolio company of The Blackstone Group and has just successfully completed an IPO. BNG|TRANSEARCH is a retained
The Pace Group Leading Search For Kentucky Horse Park
Executive recruiters The Pace Group has been selected to conduct a national search for the next executive director of the Kentucky Horse Park in Lexington. Last month, the Kentucky Horse Park Commission appointed Ted Nicholson as interim executive director, replacing the retiring John Nicholson. Kentucky Horse Park is a working horse farm and an educational
GPFX Consultants Opens Doors
GPFX Consultants, an international executive recruitment firm specializing in multiple foreign exchange industry sectors and applications, has opened for business in San Francisco. The firm was founded by president and CEO Oscar De La Rosa, chief strategy officer Karl Montevirgen and VP of global operations Thomas Capalbo. All three founders have worked in multiple segments
TNS Partners Launches Intellectual Property Practice
Dallas-based executive search firm TNS Partners has launched a new specialty practice focused on senior intellectual property executives. Managing partner John K. Semyan will lead the practice. “The role of Chief Intellectual Property Officer (CIPO) has evolved well beyond just a focus on the legal and licensing aspects of patents. As a result, today’s CIPO
CTPartners Grows Global Consumer And Retail Practice
CTPartners Executive Search Inc. has added Leslie Cook to its global consumer and retail practice as a principal in New York. With over 20 years' experience in executive search, Ms. Cook has focused exclusively on the consumer, retail and wholesale sectors. She has spearheaded executive searches spanning all aspects of management including merchandising, design, marketing,
ESGI Recruits CEO For Capgemini
ESGI Executive Recruitment Washington DC has placed Doug Lane as chief executive officer of Capgemini. Mr. Lane brings 30 years of IT and consulting experience, which includes senior executive roles with A.T. Kearney, Booz Allen Hamilton, and PwC. Most recently, he was a lead partner at A.T. Kearney, responsible for business development and service delivery.
Spencer Stuart Leading Ceo Search For Aaron’s
Executive search firm Spencer Stuart has been selected by Aaron’s, Inc. to lead its search for a new chief executive officer. Ronald W. Allen, the company’s current CEO, is retiring at the end of the month. The search process will include a full review of both internal and external candidates. Aaron's, Inc. is a lease-to-own
PrincetonOne Adds to Minneapolis Office
PrincetonOne, a recruitment services provider based in Skillman, NJ, has named Kim Klein as general manager of its Minneapolis office. Ms. Klein brings with her over a decade of experience within the accounting and finance recruiting industry. Her responsibilities will include hiring, managing and training personnel; developing and delivering client solutions; and overseeing the day-to-day
SUPERIORHIRE Creates Executive Recruiting Division
SUPERIORHIRE, a recruiting firm serving Dallas-Fort Worth, has launched an accounting and finance executive recruiting division and added Nick Mathews and Amy Glassanos as recruiters in the new office. The recruiting division will focus on finding candidates and work to recruit and place positions up to the CFO of an organization and the managers that
Hays Plc Inks Deal With New York City FC
According the New York Post, The Big Apple’s professional soccer team, New York City FC, has signed a three-year partnership with Hays Plc, a U.K.-based executive recruiting firm; Hays will become the team’s official recruitment partner. Terms of the deal were not disclosed. Hays said it plans to help NYCFC, which is owned by the
Lonergan Partners Fills Engineering Position For Energous
Executive search firm Lonergan Partners has placed Cesar Johnston as senior vice president of engineering at Energous. The search was led by Mark Lonergan. Mr. Johnston most recently served as vice president of engineering for wireless connectivity at Marvell Semiconductor. “Energous promises to reinvent the way consumer electronics work. Cesar Johnston will have enormous impact
Russell Reynolds Associates Leading CEO Search for Darden Restaurants
Global executive search firm Russell Reynolds Associates has been selected by Darden Restaurants to lead in its search for a new chief executive officer. Clarence Otis Jr. announced last month that he would step down as Darden’s chairman and CEO. Darden Restaurants is a full-service restaurant company, owns and operates 1,800 restaurants that generate more
Hardesty Adds Two to Professional Team
Hardesty, LLC has added Ken Anthony to lead a new practice in Atlanta. Mr. Anthony previously was CFO of Sparus Holdings Inc., which provides professional services to the natural gas industry. The executive services firm also hired Louise King as a partner and national director of recruiting, based in the firm’s Dallas/Ft. Worth office. Ms.
Oxford Global Resources Opens in Irvine
Technology recruiting firm Oxford Global Resources has opened a new office serving the Orange County area in Irvine, CA. The new office will be run under the leadership of branch manager Jill Frakes, who brings 25 years of experience serving clients’ needs at Oxford. The company now has over 20 local offices serving major metropolitan
Brakston Grey to Acquire Mexico City-Based Top Hire
Recruiting firm Brakston Grey, a division of Alder Koten, has signed a letter of intent to acquire Top Hire in Mexico City. Top Hire will operate under the Brakston Grey brand. Jacqueline Jardel, founder of Top Hire, will join Brakston Grey as managing partner in Mexico City. Top Hire has annual revenues in the $500,000
McCormick Group Completes Search For Garvey Schubert Barer
The McCormick Group has placed Brad Deutsch as a partner in the Washington officer of Garvey Schubert Barer. Mr. Deutsch most recently served as chief of staff and senior legal advisor to commissioner Steven T. Walther at the Federal Election Commission. Handling the search for The McCormick Group were managing principal Stephen Nelson, who manages
Egon Zehnder Conducting CFO Search For University Of Michigan
Executive search firm Egon Zehnder has been selected by the University of Michigan to lead in its search for a new executive president and chief financial officer. School president Mark S. Schlissel has put together an 11-member search advisory committee. Lisa Connolly, the senior manager for executive searches in the Office of the President, will
Executive Search Activity Continues Positive Trend
The Association of Executive Search Consultants (AESC) second quarter report on the worldwide executive search industry indicates quarter on quarter revenue growth of almost 10 percent and a year on year growth of 11 percent, keeping steady with HSZ Media’s recent three-year industry trend line. The number of search assignments conducted by member firms increased
Alexander Mann Opens Office in Belfast
London-based Alexander Mann Solutions has opened a new office in Belfast, Northern Ireland. The Belfast Global Client Services center will be Alexander Mann Solutions’ fifth and the first to be opened since the company was sold by Graphite Capital to U.S. private equity fund New Mountain Capital in October 2013. Rosaleen Blair, founding CEO of
51job Posts13 Percent Revenue Gain
51job, Inc./(NASDAQ:JOBS), a provider of integrated human resource services in China, reported second quarter revenues were $73.8 million, an increase of 13.1 percent for the same quarter in 2013. Online recruitment services revenues for the second quarter were $50.3 million, a 15.8 percent increase. Rick Yan, president and chief executive officer of 51job, said: “In
