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DAILY NEWSWIRE - TOP STORIES

Report

How to Best Balance Work and Summer Holiday Time

Nearly two-thirds of professionals (63 percent) say they have cut short vacations because of occupational demands and pressure to perform at work, according to a new Korn Ferry survey. The study also found that nearly three quarters (73 percent) said they would prefer a higher salary over more vacation days. According to the survey, staying in

Search Assignment

City of Pasadena Taps Teri Black & Company for Police Chief

The public sector is in the midst of major transformation. It faces an array of challenges that range from shifting public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale,

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Disrupting Recruiting: How Technology is Transforming the Talent Sector

In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.

Trends

How to Meet the Talent Challenges of a Changing Digital Landscape

Every day we see examples of how the media, technology and digital industries are changing the way we live and work. Whether it is cloud storage for our photos, playlists for our music, friends who are “cutting the cord,” or retail chains going out of business, the world is changing rapidly. The implications for recruiting

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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?

People

Witt/Kieffer Promotes 14 Search Consultants

Recruiters in the search industry continue to climb the executive ladder within their respective firms. Witt/Kieffer recently announced 14 promotions across its expanding search practices. “This year has brought continued expansion for the firm, so that we may serve clients better in our markets in the U.S. and abroad,” said Andrew Chastain, president and CEO of Witt/Kieffer. “We are

M&A

Osprey Capital Acquires BoardProspects.com

Venture capital and private equity firm Osprey Capital has acquired Quincy, MA-based BoardProspects.com, an online boardroom community that provides individual and corporate-based members with corporate governance news, education and board recruitment solutions. “We are excited to have BoardProspects join the Osprey family,” said David Hoffmann, founder and chairman of Osprey Capital. Mr. Hoffmann is the founder

Trends

10 Reasons to Consider External Candidates

More companies have been looking outside for new leaders, an indication that hiring an outsider has become more of an intentional leadership choice than a necessity. Outsiders accounted for 22 percent of all CEOs brought in via a planned succession between 2012 and 2017, up from 14 percent in the 2005 to 2007 period, according

Search Assignment

Phillips Oppenheim Seeking CEO for the Museum of the American Revolution

Boutique executive search firm Phillips Oppenheim has been chosen to find the next president and chief executive officer for Philadelphia’s newest museum, the Museum of the American Revolution. Mark J. Tarnacki and Adelaide K. Jones are leading the search. The museum’s previous leader, Michael C. Quinn, stepped down last March after six years of steering the

People

RSR Partners Names Head of Sports and Entertainment Leadership Practice

Greenwich, Conn-based RSR Partners has promoted Dany B. Berghoff to managing director. Mr. Berghoff, who took over as head of the firm’s global sport and entertainment leadership practice from Joe Bailey in May, will focus on working with clients across the sports, media and entertainment industries. He is also a member of the firm’s hospitality and leisure practice. Mr. Berghoff has

Report

How to Best Balance Work and Summer Holiday Time

Nearly two-thirds of professionals (63 percent) say they have cut short vacations because of occupational demands and pressure to perform at work, according to a new Korn Ferry survey. The study also found that nearly three quarters (73 percent) said they would prefer a higher salary over more vacation days. According to the survey, staying in

Search Assignment

City of Pasadena Taps Teri Black & Company for Police Chief

The public sector is in the midst of major transformation. It faces an array of challenges that range from shifting public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale,

People

Heidrick & Struggles Appoints Venture Capital Recruiting Practice Leader

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International has named San Francisco-based partner Scott Atkinson to lead its venture capital practice. He succeeds Rebecca Foreman Janjic, who earlier this year was appointed the global practice managing partner for the firm’s global technology and services practice. “Heidrick & Struggles has a rich and deep history working with venture

Trends

Using Artificial Intelligence for Making Unbiased Hires

While diversity and inclusion initiatives have become a “must-have” for 21st century employers, actually making them work depends on having a clear plan and framework that resonates with diverse talent and aligns with overall business goals. “Whether it is speaking at a conference, or consulting to help develop strategies that align their talent functions with

People

Odgers Berndtson Continues U.S. Expansion

Executive search firm Odgers Berndtson has continued its recent expansion with the addition of Nicole Phillips as a partner in the firm’s retail and consumer practices. She will be based in the New York City office. “We’re delighted to have Nicole with us,” said Diane Lavietes, head of Odgers Berndtson’s retail and consumer practices in the U.S. “As we

Search Assignment

PFM Executive Search Lands Chief Development Officer for Greater Vancouver Food Bank Society

Vancouver, British Columbia-based PFM Executive Search has placed Cynthia Kinsella as chief development officer of the Greater Vancouver Food Bank Society (GVFBS). “With Cynthia’s proven success of mentoring effective teams and implementing process improvements throughout her career, she will be a valued member of GVFBS’s executive team,” PFM said. Ms. Kinsella has had a 28-year career in

Trends

How to Attract and Retain Top Talent

When it comes to successful hiring and retention, pay rules, according to Adecco’s “2018 U.S. Workforce Report: Attracting Talent and Retaining Employees.” The report, which surveyed over 1,000 American workers from coast to coast, said that remuneration is easily the most important job factor. Employees told Adecco that their top job factors were: salary/wages (42

Launches

Caldwell Creates Blockchain Advisory Council

Toronto-based Caldwell has launched a blockchain advisory council aimed at driving the understanding, integration and implementation of blockchain technologies. The new offering for clients is in partnership with blockchain consulting firm, BTblock. “Blockchain technologies carry the potential for substantial impact within our client’s organizations, as they can enable the strategic reorganization of workflows and related structures,”

People

Vlaad and Company Expands to U.S. with New York City Office Launch

Toronto-based Vlaad and Company, a financial services executive search firm, has expanded into the U.S. with the opening of a new office in New York City.  The expansion increases the firm’s North American presence and helps both American and Canadian firms find top-tier talent in a very tight marketplace, said the firm New York remains

Report

Hiring Looks Strong Heading Into Second Half of 2018

As employers grapple with a highly competitive hiring environment that is causing prolonged job vacancies across the U.S., workers will reap the benefits. According to CareerBuilder‘s ‘Midyear Job Forecast,’ a full 63 percent of employers plan to hire in the second half of 2018, up from 60 percent last year. A substantial percentage of employers said

Search Assignment

DRG Search Finds Leader for the American Committee for the Weizmann Institute of Science

The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have

M&A

Harvey Nash to be Acquired by Investor Group in $100 Million-Plus Deal

Acquisitions continue to make big news in the executive search industry. The Power of Talent Ltd (Bidco), an entity owned and controlled by investment funds managed by DBAY Advisors, has made a £98.7 million bid to acquire London-based recruitment firm Harvey Nash. The deal must now be approved by 75 percent of the firm’s shareholders to be

Trends

Women Board Director Appointments Reach Record High

In a significant shift from a year earlier, women have made substantial progress in the boardroom, according to Heidrick & Struggles‘ 2018 Board Monitor Report. The report found that women accounted for 38 percent of incoming board directors at Fortune 500 companies, a substantial rise from the previous year’s 28 percent. The findings suggest that

Search Assignment

RH Perry Leading President Searches for Alvernia University and Quincy University

RH Perry & Associates is leading searches for new presidents at Alvernia University and Quincy University. The Alvernia opening comes with the announcement that Thomas F. Flynn, who has led the Catholic university since 2005, will be stepping down next June. The Reading, PA-based school’s next president will have the opportunity to build upon the

Performance

Hudson Global Posts 14.7 Percent Revenue Increase

Hudson Global Inc. / (NASDAQ:HSON) posted second quarter revenues of $17 million, up 14.7 percent in constant currency, from a year ago. By region, Hudson Asia Pacific led the charge, recording a revenue gain of 39.2 percent and Hudson Europe experienced revenue growth of 3.7 percent. Hudson America, meanwhile, struggled, posting a revenue decrease of 15.7 percent. The New

Trends

Are Leaders Really Prepared to Take on the Job of CEO?

For all the confidence that CEOs tend to convey, most of them have faced greater struggles in the top job than might be evident. Participating anonymously, leaders in a new study by Egon Zehnder revealed that while they did feel ready for the strategic and business aspects of their roles, they felt much less prepared

Search Assignment

Academic Search Places General Counsel at Brown University

For many academic recruiting specialists, business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Education-focused executive recruiter Academic Search, for one example, recently placed Eileen Goldgeier as vice president and general counsel of Brown

Search Assignment

Ventura Partners Expands Sports Recruiting Practice

Executive search firm Ventura Partners has expanded with the addition of sports industry veteran Katy Young Staudt as managing director in its sports & entertainment practice.  Ms. Staudt will open a Ventura office in Phoenix. “We are thrilled to have someone of Katy’s experience and respect on our team,” said Chad Chatlos, leader of the firm’s sports and

Trends

Unemployment Rate Falls to 3.9 Percent

Employers added 157,000 jobs last month as the U.S. unemployment rate dipped to 3.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The July gain is the 93rd consecutive month of job growth. The number of unemployed people rose to 6.3 million. The results fell short of the forecasts of analysts, who expected 190,000 jobs to

Diversified Search CEO EvergreenHealth
Search Assignment

Diversified Search Lands CEO for EvergreenHealth

Executive search firm Diversified Search, one of the top 10 executive search firms in the U.S., has placed Amy E. Beiter as the new CEO of Kirkland, WA-based integrated health system EvergreenHealth. She replaces Bob Malte who announced his planned retirement from the organization this spring. Zack Reynolds, a managing director in Diversified’s healthcare services practice, led the assignment.

Human Capital Group Paul Cleckner

Human Capital Group Adds Healthcare Veteran

Nashville, TN-based the Human Capital Group has expanded with the addition of healthcare veteran Paul Cleckner as managing director. Mr. Cleckner brings more than 25 years of senior operating and leadership experience in healthcare and technology. Most recently, he served as chief operating officer of Saint Thomas Health and prior to that was VP of operations

Global Healthcare Services IRIS

Global Healthcare Services Creates New Recruitment Platform

Rocky River, OH-headquartered executive search firm Global Healthcare Services (GHS) recently detected a disturbing trend within the sector it serves: Hospitals were struggling with employee retention, from staff to leadership roles, with the C-suite’s annual turnover as high as 20 percent in recent years. GHS saw an opportunity to implement a recruitment platform called IRIS

3 Ways Assessments Can Go Wrong and How to Get Them Right

With the accelerated pace of change and constant potential for disruption, the costs of getting important leadership decisions wrong – whether for selecting senior leaders, leadership development or succession planning – have never been higher. Despite these risks, many organizations underestimate the importance of a robust assessment process, according to a new report issued by Spencer

Grace Blue Lands New Leader for VCU Brandcenter

Grace Blue has placed Vann Graves as the new executive director of the Virginia Commonwealth University (VCU) Brandcenter. He takes over the role from Helayne Spivak, who left the school in May. “Along with my colleagues, I am delighted that Vann Graves is coming to VCU Brandcenter as its new executive director,” said Michael Rao,

Russell Reynolds Associates CEO Chris Novak CropLife America

Russell Reynolds Associates Places CEO at CropLife America

CropLife America (CLA), the leading association for the U.S. crop protection industry, has chosen former National Pork Board executive Chris Novak as its CEO. Russell Reynolds Associates assisted on the assignment. Mr. Novak will start his new role on Aug. 20. “I’m pleased to announce that Chris Novak has been selected by our board’s search committee

NPAworldwide Adds 10 New Member Firms Across the U.S.

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. Member-owned recruitment network NPAworldwide has added 10 new member locations across the

Indeed Acquires Resume.com

Job aggregator Indeed recently acquired Resume.com, an online service for creating personalized resumes. Financial terms of the deal were undisclosed. Over 3.5 million job seekers use Resume.com, creating more than 40,000 resumes every week, and accessing timely career resource information. Indeed will continue to operate resume.com and enable job seekers to build, download, and print personalized

Digital Future Recruiting Hiring Retention

The Digital Future of Recruiting: 5 Solutions to Improve Hiring and Retention

In today’s competitive recruiting market, search firms must be nimble and efficient. One way to get there: Invest in digital tools to hire and onboard best-in-class professionals. Many organizations still use manual or paper-based processes, which are slow, expensive, and error-prone, resulting in inefficient operations and compliance risks. A new report by DocuSign found that

SearchWide Augusta Convention and Visitors Bureau

SearchWide Finds New Leader for the Augusta Convention and Visitors Bureau

After suffering a massive hit during the Great Recession, employment and hiring within the travel, hotel and hospitality industry continues to rebound. Last year, according to one set of survey metrics, the industry added 527,000 jobs (2.6 million since 2004). That number is likely to increase this year as global tourism and traveling in general are

Eastman & Beaudine Leading Athletic Director Search for University of South Florida

Executive search firm Eastman & Beaudine has been retained by the University of South Florida (USF) to lead its search for a new athletic director. Scott Kull, USF’s deputy athletic director for external operations, has been named interim AD while the school looks to replace Mark Harlan, who recently stepped down. “USF Athletics has gained tremendous momentum over the past

Heidrick & Struggles Launches Cross-Industry Innovation Network

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has launched a new cross-industry corporate innovation network that it is calling the Game-Changer Collaborative (GCC). The GCC enables members to collaborate around emerging technologies, external innovation opportunities and approaches to accelerating innovation in their organizations, said the Chicago-based firm. The GCC includes several

Executive Search Veteran Stephanie Pinson Dies

Executive Search Veteran Stephanie Pinson Dies

Stephanie Pinson, president of executive search firm Gilbert Tweed International, has died. Ms. Pinson, born May 23, 1936, had been with the New York City-based recruitment provider since 1981 and was a member of its board of directors. She had in-depth experience as a search consultant to the highly complex insurance industry, where she specialized

How Predictive Analytics Promotes Better Decision Making and Efficiency

At most major corporations, it is critical for the head of HR to be an extremely strong strategic and trustworthy adviser to the CEO, the board of directors and senior management. That means not just filling leadership positions with the current needs of the organization, but being able to look to the future in terms

McDermott & Bull Chief Officer Scooter’s Coffee

McDermott & Bull Leading Two Chief Officer Searches for Scooter’s Coffee

Scooter’s Coffee, one of the largest and fastest growing brands in the specialty coffee business, has retained Irvine, CA-based search firm McDermott & Bull to lead its search for a new chief commercial officer and chief development officer. The search is being conducted by what is known as the fit practice at the recruitment firm, which includes partner

Ratliff & Taylor Seeks Next President for Leadership Akron

Independence, OH-based executive search firm Ratliff & Taylor has been chosen to find the next president for Leadership Akron. The search is being led by senior consultant Patti Shumay and senior vice president and practice leader Linda J. Gray. The non-profit’s previous leader, Mark Scheffler, departed earlier this year to become executive director of the

MediaLink Leader Executive Search Division

MediaLink Names Leader of Executive Search Division

MediaLink, an Ascentia-owned advisory company, has appointed Trish Shortell as managing director, executive search, based in its New York office. In her role, she will lead the firm’s executive search practice and will report to Michael Kassan, MediaLink’s chairman and CEO. “Trish is widely sought-after in our industry for her thought leadership and counsel on

Amrop Leader Costa Rica

Amrop Appoints Leader of Costa Rica Operations

Amrop, a partnership of recruiting firms operating from 75 offices in 48 countries throughout Asia, EMEA and the Americas, remains in growth mode with the addition of Adrián Chinchilla as leader of its operations in Costa Rica. He assumes the title of partner and general manager and will lead the search for senior executives and

Korn Ferry Stock Surges to Record High on Close of Fiscal Year Report

Korn Ferry (NYSE:KFY) has posted 2018 fiscal year-end revenues of $1.767 billion, an increase of 12.9 percent from $1.57 billion in 2017. The organic growth was driven by all three lines of business with Futurestep growing 22.1 percent, executive search expanding 14.8 percent, and Hay Group increasing 8.4 percent. It’s been an amazing run for Korn Ferry

Polachi Finds Chief People Officer for Bottom Line Technologies

Talent acquisition strategies at many large companies have become as complex as their balance sheets. At most companies the chief human resource officer plays a vital role in overseeing an organization’s broad-based workforce. The chief people officer, on the other hand, typically goes beyond overseeing an organization’s people policies. The focus instead is on building talent

RSR Partners Finds Executive Director for Race Team Alliance

Greenwich, Conn-based executive search firm RSR Partners has placed Jonathan Marshall as executive director of the Race Team Alliance (RTA), an association of Monster Energy NASCAR Cup Series teams. Principal Dany B. Berghoff spearheaded the search. Mr. Marshall is former chief operating officer and general counsel of the World Surf League. He has also worked

Kincannon & Reed Appoints New Practice Leaders

Executive search firm Kincannon & Reed continues its global expansion with the addition of five managing partners, bringing its partner group to 12 members. The new managing partners join a partner team that includes Gregory Duerksen, Jon Leafstedt, Fred Medero, David Turner, Ellen von Fange, Gary Weihs and Michael Whitney. “We are thrilled and delighted that these

Pedersen & Partners board services Alberto Bocchieri

Pedersen & Partners Launches Board Services Practice Group

Executive search firm Pedersen & Partners has opened a new board services practice group. Alberto Bocchieri, partner and co-head of Iberia & Latin America, has been named its new leader. He previously served as a partner with Neumann International prior to joining Pedersen in 2011. “We are aware that aligning the skillsets of board members with corporate strategy,

BoardWalk Consulting Diane Moffett executive director Presbyterian Mission Agency Board

BoardWalk Consulting Finds New Leader for Presbyterian Mission Agency Board

Following an expansive national search, Atlanta-based executive recruitment firm BoardWalk Consulting has placed Rev. Dr. Diane Moffett as the new executive director of the Presbyterian Mission Agency Board (PMAB), one of six agencies of the Presbyterian Church (U.S.A.). The search was led by managing director Kathy Bremer. “Diane is a multi-dimensional leader and author whose decades

CEOs See Highest Compensation Increase Since Great Recession

In an environment of double-digit growth in shareholder return and corporate income, CEOs at the largest companies in the U.S. last year received the highest compensation increases since the recession, according to a new report by Korn Ferry. “Even with the anticipation of the CEO pay ratio disclosure mandate, so far we haven’t seen it

Caldwell Launches Value Creation Advisory Services

Toronto-based executive search firm Caldwell has announced the launch of an offering that pairs clients with agile executive talent on an as-needed basis. The firm describes its new Value Creation Advisory Solutions offering as a unique, flexible and cost-effective approach to creating value and solving core business challenges that require external expertise. It is part of

KL2 Connects Seeks New Head of Metro Regional Transit Authority in Akron

The Metro Regional Transit Authority (RTA) in Akron, OH, has retained the services of executive search firm KL2 Connects to find its next executive director. The organization is reportedly paying the Asheville, NC-based recruiter $42,500 to conduct the search. RTA fired past executive director Richard Enty in January following an ethics investigation and accusations of harassment

Lisberg Executive Search Denmark Henrik Rohde Real Estate

Lisberg Executive Search Expands to Serve Real Estate Sector

Despite setbacks in certain locales, the real estate industry has bounced back from many of its problems in recent years. But a dire need for executive talent in the field still remains. In particular demand, recruiters say, are executives who survived the last downturn and who now have a vision for better times ahead. To

Summer Hiring Expected to Heat Up

U.S. employers are expecting hiring to pick up in the third quarter, with 24 percent of employers planning to add staff, according to the latest “Employment Outlook Survey,” released today by ManpowerGroup. Employers in all U.S. regions and industry sectors are looking for headcount to grow. The upbeat forecast indicates that the uncertain political climate continues to

Howard Fischer Associates Jim McCoy CRO Scout Exchange

Howard Fischer Places Chief Revenue Officer at Scott Exchange

The role of chief revenue officer has changed dramatically over the last several years. CROs are quickly becoming mission-critical innovators for companies that look to dominate a market first and fastest, according to recruiters. The demand for these financial leaders is growing and executive search firms have been busy filling these roles. One recent assignment:

Randall Pearson CEO Telco Plus Credit Union

Credit Union Resources Finds CEO for Telco Plus Credit Union

These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers

Kingsley Gate Partners Mike Bergen

Kingsley Gate Partners Appoints Global HR Practice Leader

Executive search firm Kingsley Gate Partners continues its recent expansion with the addition of Mike Bergen as a senior partner and global human resources practice leader. He will be based out of the firm’s New York office. Mr. Bergen brings nearly three decades of retained executive search and HR experience to Kingsley Gate Partners. His expertise spans

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