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Daily Newswire
Private Equity Turns To Leadership Diligence To Gain A Sharper Edge
ghSMART’s latest report, Leadership Diligence in PE: 4 Tips to Spot Strengths and Risks Before You Buy, opens with a stark reminder: “Leadership is often the single biggest swing factor in the success of an investment.” Yet as Dina Wang, a ghSMART partner and co-leader of its private equity practice explains, that recognition alone isn’t enough. “The
Boyden Recruits CEO for Sonic Healthcare Limited
Boyden has assisted in the recruitment of Jim Newcombe as managing director and CEO of Sonic Healthcare Limited. Current CEO Colin Goldschmidt recently announced his retirement. “We are delighted that Dr. Jim Newcombe will succeed Dr. Colin Goldschmidt in leading Sonic Healthcare, preserving its unique medical leadership culture while embracing the transformational changes in healthcare which Sonic
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.
Bespoke Partners Launches AI Leadership Benchmarks for PE-Backed Software and SaaS
Bespoke Partners has released its AI Leadership Benchmarking Guide for measuring AI deployment progress in software and SaaS company leadership for the private equity industry. “Panic drove the SaaSpocalypse fear that AI will kill software, but the transformation of software and SaaS using AI has been under way for years,” said Eric Walczykowski, CEO of
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?
TurnkeyZRG Leading Athletic Director Search for the University of Michigan
The University of Michigan is launching a national search for its next athletic director, with president-elect C. Cybele Raver leading the process in partnership with current president Domenico Grasso. The school has retained TurnkeyZRG to lead the assignment. The university is seeking a leader of unquestioned integrity who will take a fresh, comprehensive look at Michigan
Lock Search Group Leading Efforts to Recruit CEO for Atlas Sign & Awning
Toronto-headquartered executive recruitment firm Lock Search Group was retained by Atlas Sign & Awning to find its next CEO. Recruitment consultant, partner Cameron Lappin is leading the assignment. Reporting directly to the CEO of the holding company, the appointed CEO for Atlas Sign & Awning will provide strategic and operational leadership across all facets of the business,
Slayton Search Partners Grows Consumer Practice
Slayton Search Partners has expanded with the addition of Karen Ouchterloney as vice president and managing principal in the firm’s consumer practice. “We are pleased to welcome Karen to Slayton Search Partners,” said Richard Slayton, CEO and managing partner. “Her combination of firsthand operating experience with leading consumer brands and more than 13 years advising clients
TRANSEARCH Adds New Member Firm in Poland
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. TRANSEARCH International has added GP Executive as a member firm in
Consulting Partner Compensation Strengthens as AI and Private Equity Reshape the Market
The North American consulting market is showing signs of renewed strength, with improving revenue performance and resilient partner compensation. A new report from The Barton Partnership examines how compensation, ownership structures, and career expectations are evolving as consulting firms navigate shifting business models and growing private equity investment. The findings also point to mounting concerns
The Old Math Is Broken: Rethinking Growth, Headcount and Margins in the AI Era
The traditional growth model for executive search firms is undergoing a significant shift as artificial intelligence reshapes how recruiting businesses operate. For years, expansion meant adding more clients, mandates, recruiters, and overhead. Today, AI is creating opportunities to increase productivity, improve margins, and grow revenue without expanding headcount at the same pace. These advances are
Preng & Associates Recruits Chief Construction Officer for Pacifico Energy
Houston-based Preng & Associates has placed Ronald Hall as chief construction officer at Pacifico Energy, a global energy infrastructure developer specializing in power generation and customized energy solutions for commercial, industrial, and data center customers. The appointment comes at a pivotal time for Pacifico Energy as the company advances major power generation developments to meet
Potrero Group Currently Seeking Executive Director for The Pisgah Conservancy
San Francisco-based leadership consulting and search firm Potrero Group is currently leading the executive director search for The Pisgah Conservancy. Senior consultant Jena Kuznik is leading the assignment. The executive director serves as TPC’s chief executive and is the primary steward of its mission, culture, and long-term vision. This is an opportunity to lead a respected conservation organization
Charles Aris Appoints Senior Practice Leader
Greensboro, NC-based executive search firm Charles Aris Executive Search has expanded with the recent addition of Scott Kennedy as senior practice leader. He will lead CFO and senior finance executive searches for growth-oriented and sponsor-backed companies, with a particular focus on software, technology and TMT. Over more than a decade in executive search, Mr. Kennedy has worked on
Talent Alignment: Why Human Capital Must Be Central to Business Strategy
While growth is expected to strengthen a business, many organizations eventually reach a point where the opposite appears to be true. Decision-making slows, accountability becomes less defined, and initiatives begin to lose momentum. Leaders begin wondering whether they need different people, a recent report from Ascentria Search Partners explained. Sometimes they do, but not always. But
Isaacson, Miller Recruits 17th President for Virginia Tech
Boston-based Isaacson, Miller has assisted in the recruitment of Richard Linton as the 17th president of Virginia Tech. He succeeds Tim Sands, who announced his resignation in April. Greg Esposito and Julie Filizetti led the search with Kristen Andersen, Raul Bernal, Victoria Castillo, and Gabrielle Nayar. “Virginia Tech is poised to make a generational leap as a
NU Advisory Partners Recruits Chief Marketing Officer for Paula’s Choice
NU Advisory Partners has placed Sheila Shekar Pollak as chief marketing officer of Paula’s Choice. The search was led by Libby Naumes, Penina Remler, and Kelsey Kelly. Ms. Shekar Pollak brings more than 20 years of marketing and brand leadership experience across consumer, beauty, apparel, and outdoor brands. Most recently, she served as chief marketing officer
Modern Executive Solutions Names New Leader to Drive M1 Technology Community Expansion
Atlanta-based talent consultancy Modern Executive Solutions has expanded with the addition of Joan Rohs as senior partner, M1 Technology Community. “We’re building an integrated network that connects exceptional leaders, brings together the right expertise, and helps prepare executives for a world being reshaped by AI,” said Mark Oppenheimer, CEO of Modern Executive Solutions. “Joan brings an extraordinary
StevenDouglas Expands HR Practice
StevenDouglas recently expanded with the addition of Brittney Molitor as a director, human resources search. “Brittney takes a highly consultative approach to search, focusing on both the capabilities required for a role and the cultural alignment needed for long-term success,” StevenDouglas said in a LinkedIn post. “She is passionate about building genuine relationships with clients
Insight Partners Launches Empower to Prepare CIOs for Board Roles
AI and software investor Insight Partners has launched Empower, a program that helps Global 2000 CIOs plan and prepare for board seats, startup advisory positions and other portfolio-career paths while they are still in their operating roles. Empower launches with 10 delivery partners, including Diligent, Heidrick & Struggles, Riviera Partners, and Global Mentors Group, and has
Brettschneider Executive Search Tapped by William Paterson University to Find Next Provost
New York City-based Brettschneider Executive Search has been retained by William Paterson University (WP) to lead in its search for a provost and senior vice president for academic affairs. Reporting to president Richard J. Helldobler, the provost will serve as chief academic officer and as a visible, collaborative partner to the president, cabinet, deans, and faculty governance bodies.
Klein Hersh Recruits President and CEO for Shenandoah Therapeutics
Klein Hersh, a search firm focused on the life sciences and healthcare industries, has placed Steve Worland as president, CEO and a member of the board of directors at Shenandoah Therapeutics. Co-founder and founding CEO Isabella Graef, has transitioned to chief scientific officer and will continue to lead Shenandoah’s scientific strategy. “I’m delighted to welcome
Harris Search Associates Seeking Research Leader for Texas A&M Semiconductor Institute
Harris Search Associates is currently seeking the inaugural director of research for Texas A&M Semiconductor Institute (TSI). Jeffrey Harris and Richard Skinner are leading the assignment. Working in close partnership with the TSI Director and other Institute leaders, the director of research serves as a catalyst to refine and evolve the TSI’s research strategy, focused on large-scale academic-industry-government private
BarkerGilmore Names Senior Director
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, recently expanded with the addition of Jesus Meraz as senior director. He brings a unique combination of leadership experience, legal training, and strategic business insight to the firm’s executive search practice. His career has been defined by helping organizations identify, attract, and develop
Revenge Quitting Creates New Challenges for Recruiters
You spend weeks helping a team find the right person. A few months later, that same role lands back on your desk because the employee has resigned. Now the position is urgent, the hiring manager wants a replacement right away, and the pressure is coming from every direction. When exits like this occur at particularly
Peña Search Seeking Chief Strategy Officer for Housing Forward
Peña Search was recently retained by Housing Forward to lead in its hunt for a chief strategy officer. Travis Hillier is leading the assignment. Reporting to the president and CEO, the chief strategy officer will serve as Housing Forward’s chief strategist and a member of the executive leadership team. The CSO will oversee the teams
Nexus Search Partners Recruits CEO for Habitat for Humanity of the Charlotte Region
Nexus Search Partners, an executive search and advisory firm in Charlotte, NC, has assisted in the recruitment of Bryant Owens as the new CEO of Habitat for Humanity of the Charlotte Region. He will succeed Laura Belcher, who has served the organization with distinction for more than 12 years. Owens will become the sixth CEO
Charles Aris Launches Interim Search Business
Organizations are increasingly turning to flexible leadership solutions to navigate periods of change, execute strategic initiatives and drive value creation, especially in private equity. In response to this growing demand, Greensboro, NC-based executive search firm Charles Aris Executive Search has launched Charles Aris Interim Solutions, a new division dedicated to connecting organizations with experienced independent talent for interim
Taurean Establishes Investment Search Practice
Taurean recently launched an investment search practice with the addition of Paige Ware as principal in Los Angeles. The practice serves private markets firms across asset classes. “We help these firms shape and build their capital raising and investor relations, origination, and deal teams, and place corporate development leaders into their portfolio companies,” Taurean said in a
The Chief Commercial Officer: Driving Private Equity Value Creation
As private equity firms place greater emphasis on organic growth, commercial leadership is taking on a more central role in value creation. The chief commercial officer (CCO) has become one of the most important post-acquisition hires for private equity sponsors, according to a recent report from Spencer Stuart’s Dave Vidor. As extended hold periods and
Implementing DEI: A Strategic Necessity for Executive Leaders
As the Chinese proverb goes, the journey of a thousand miles begins with a single step. For many organizations today, busy dealing with economic uncertainty, inflation, and countless other constant challenges, achieving diversity, equity, and inclusion (DEI) can feel like a thousand-mile journey, according to a recent study from global leadership advisory and executive search
Paychex Posts Seven Percent Revenue Gain
Paychex, Inc./(NASDAQ:PAYX) has reported second quarter revenues of $545.7 million., a seven percent rise from the previous year. Revenue from the payroll service segment was up five percent to $371.7 million, while revenue from the human resource services jumped 12 percent to $163.3 million. The company recorded net income of $140.4 million, or 39 cents
Employer Hiring Plans Remain Flat
After an initial pickup in hiring projections from Q4 2010 to the first quarter of 2011, employer hiring plans were largely flat in the remaining three quarters of 2011 and are showing some indications of slowing in the Q1 2012, according to BNA's quarterly employment survey. Just over one in five surveyed employers (21 percent)
Towers Watson Announces Latest Release of Talent|Reward Software
Towers Watson, a global professional services company, has launched Talent|REWARD v7, the newest version of the company’s software that helps organizations deliver comprehensive talent management and reward programs. This latest solution provides a broad range of capabilities for organizations looking to improve business results through better management of HR processes and their employees; it was
Gerard Daniels Adds Managing Consultant
Executive search firm Gerard Daniels has added Kevin Bishop as a managing consultant. Mr. Bishop currently served as group head of resourcing, talent and development at Anglo American. Prior to that, he was group head of resourcing with oil and gas giant BG Group. Andrew Mann, managing director of Gerard Daniels U.K., said: “I am
Kimberly-Clark Deploys Worday
Kimberly-Clark Corporation has launched a global deployment of Workday’s Human Capital Management (HCM) for 57,000 workers in 60 countries. “Kimberly-Clark's initiative to understand and optimize talent across 60 countries — a huge effort for any large, multinational company — is just one example of what makes it an exceptional company and employer,” said Dave Duffield,
B.E. Smith Finds New CEO for Hannibal Regional Hospital
Executive recruiting firm B.E. Smith has placed Lynn Olson as the new chief executive officer of Hannibal Regional Hospital located in Hannibal, Missouri. Mr. Olson previously served as CEO of Sanford Worthington Medical. Founded in 1978, B. E. Smith is a full-service leadership solutions firm for healthcare providers.
CTPartners Adds Partner in Chile
CTPartners has added Lucy Krell as a partner in Santiago, Chile. Ms. Krell possesses 14 years of experience in executive search for top management positions in diverse industry sectors such as financial services, retail & consumer goods, telecommunications and industrial, including local, regional and global companies. She joins CTPartners from Heidrick & Struggles where she
Salesforce.com Acquires Rypple
Salesforce.com, the enterprise cloud computing company, has entered into a definitive agreement to acquire Rypple, a cloud-based social performance management company. The acquisition signifies salesforce.com's entry into the human capital management (HCM) market for the social enterprise. Salesforce.com plans to re-launch Rypple as Successforce and create a new HCM business unit, which will be run
Lonergan Partners Places CFO at Xtime
Executive search firm Lonergan Partners has recruited Christine Munson as chief financial officer of Xtime. The search was led by Dotty Schaffer. Ms. Munson was previously CFO for Active Video Networks. Xtime is a provider of hosted Customer Relationship Management (CRM) software for automotive service departments in North America. “Christine brings over 20 years’ of
The Judge Group Appoints President
The Judge Group, a recruiting services provider, has named Brian T. Anderson as president of The Judge Group, North America. Mr. Anderson, a member of The Judge Group’s executive team since 2004, is an established leader in the firm and has played a key role in its continuous growth and development. In his previous position,
Ulitmate Software Chosen by Explorer Pipeline
Ultimate Software, a provider of unified human capital management SaaS solutions for global businesses, has been selected by Explorer Pipeline, a provider of fuel transportation, for its UltiPro platform for its human capital management needs. Angel Stacy, director of human resources for Explorer Pipeline, commented: “The quality of our data has vastly improved — including
Major, Lindsey & Africa Adds to Boston Office
Search firm Major, Lindsey & Africa has added Nancy B. Reiner as a managing director in its Boston office. Ms. Reiner will focus on permanent in-house placements for corporate legal departments and through MLA's affiliate, Inside Edge Legal, provide interim help with experienced and sophisticated contract attorneys. She previously was a partner (and associate) at
The Conference Board Launches the Human Capital Exchange
The Conference Board has launched The Conference Board Human Capital Exchange, a web portal designed to be the first stop resource for all human capital professionals around the world looking for information on the field. The portal will offer a single repository for research, data and analysis, thought leadership, and cutting-edge insights across the entire
Cook Associaties Places CTO and COO at Cyrusone
Chicago-based Cook Associates Executive Search has placed Kevin Timmons as chief technical officer and Michael Duckett as chief operating officer at CyrusOne, the data center solutions unit of Cincinnati Bell. The searches were co-led by Colleen Hulce, managing director and Seth Harris, executive vice president and managing director. Mr. Timmons is an industry veteran with
HireRight Expands Senior Staff
HireRight, a global provider of on-demand employment screening solutions, has named Brian Pierson its chief operations officer. Leveraging more than 20 years of global operations, information technology, manufacturing, strategy, and management experience, Mr. Pierson will lead worldwide service delivery functions across the complete HireRight solution offering. He joins HireRight with extensive operational and executive leadership
SelectMinds Integrates Technology with Taleo
SelectMinds, a provider of Software-as-a-Service (SaaS) networking and referral technologies, has announced the integration of its TalentVine social recruiting solution with Taleo’s applicant tracking system. The integration of SelectMinds' TalentVine will deliver enterprise social recruiting solutions to help corporate HR find and hire quality talent faster and more cost-effectively. As a Taleo Passport Partner, SelectMinds
Odgers Berndtson Adds Partner in Global Life Sciences and Healthcare Practices
Executive search firm Odgers Berndtson has added Patrice W.L. Young to its global life sciences and healthcare practices as a partner based in the firm's Boston office. She will also collaborate with the firm's private equity team. Ms. Young focuses on domestic and international searches for senior executive and managerial roles within the biotechnology, medical
Manpower Employment Outlook Reports Best Hiring Outlook since 2008
U.S. employers expect hiring to increase slightly in the first quarter, according to the latest Manpower Employment Outlook Survey released by ManpowerGroup. When seasonal variations are removed from the survey results, the Net Employment Outlook for Quarter 1 2012 is plus-nine percent, an increase from the plus-seven percent Outlook during Quarter 4 2011, and stable
Kenexa Expands Operations in Canada
Kenexa Corporation, a global provider of business solutions for human resources, is expanding its recruitment process outsourcing (RPO) operations with the opening of a Center of Excellence facility in Cary, N.C. The new facility adds 45 jobs to the area and supports Kenexa's clients throughout North America. The Center of Excellence in Cary will include
JobVite Appoints Finance and Marketing Chiefs
Jobvite, a provider of next-generation recruitment solutions, has appointed John Winkenbach as the company's chief financial officer and Kimberley Kasper as chief marketing officer. Mr. Winkenbach will oversee Jobvite's finance, accounting, human resources and legal departments. Ms. Kasper will be responsible for all aspects of corporate marketing, including branding, messaging, corporate communications and demand generation.
Heidrick & Struggles Names Managing Partner of Leadership Consulting
Chicago-based executive search firm Heidrick & Struggles International has named Eric Olson to the role of global practice managing partner of leadership consulting. Mr. Olson joins Heidrick & Struggles from Oliver Wyman Leadership Development, where he led their European consulting operations. "Eric possesses a rare combination of functional experience, client focus and a true passion
Egon Zehnder Strengthens U.S. Consumer Practice Group
Global executive search firm Egon Zehnder International has appointed Dick Patton as leader of its U.S. consumer practice group. Mr. Patton joins Egon Zehnder after a successful career as a general manager and marketer with The Coca-Cola Company where he was a GM over a beverage business in North and South America, and managed several
Dowd Completes Search for Scripps Network
Dowd Associates Executive Search has placed Emily Keeton as senior vice president of corporate development for Scripps Networks Interactive. Prior to joining Scripps, Ms. Keeton served as SVP, corporate development for Ascent Media Group. A leading developer of lifestyle content for television, internet, satellite radio, books and magazines, Scripps Networks Interactive is comprised of brands
BIE Interim Executive Grows Business
U.K.-based BIE Interim Executive has added Charles Wilson as a director. Mr. Wilson previously spent six years in the interim management division of Penna. He strengthens BIE’s specialist team of consultants sourcing senior-level executives for interim roles. BIE CEO, Rob Walker, said: “Charles was the top revenue-performer at Penna and has strong consultative skills, making
Lawson Software Introduces New Technology
Lawson Software has introduced Infor10 Lawson S3, a marriage of Infor and Lawson technology and products. Just four months after the acquisition of Lawson, which resulted in the affiliation of Lawson and Infor, the two companies are already connecting their respective technology and applications. As part of the Infor10 product family, Lawson S3 10 provides
Morgan Samuels Places CIO at Orange County Container
Morgan Samuels Company, an L.A.-based executive recruiter, has placed Aaron Feves as chief information officer at Orange County Container Group. Mr. Fever most recently served director of information systems at Norman Broadbent. Orange County Container Group LLC manufactures industrial point-of-purchase paperboard and paper-based packaging solutions.
Bersin & Associates Releases New Research Solution
Bersin & Associates, a research and consulting firm focused on enterprise learning and talent management, has introduced BersinBasics, a research-based audio-visual learning solution that enables business leaders and HR professionals to learn the fundamentals of successful talent management in a “just-in-time” learning format. BersinBasics delivers training on all aspects of talent management through 100-plus short
Eastridge and Green Talent Staffing Partner with SOITEC
The Eastridge Group of Staffing Companies and its Green Talent Staffing division have been selected to provide staffing services for a San Diego-based solar module manufacturing project led by France-based Soitec, a leader in generating and manufacturing revolutionary semiconductor materials for electronic and energy industries. Eastridge and Green Talent have already started to recruit for
Raines International Expands Healthcare Practice
New York City-based Raines International Inc. has appointed Mary Lee Amendolia as the new managing director of the firm's healthcare recruiting practice. Ms. Amendolia will focus on senior-level searches in corporate development and strategy, marketing and communications and general management. She has industry expertise in healthcare, payments and card services, financial services, and professional services.
KellyOCG and the Indicia Group Form Alliance
KellyOCG and The Indicia Group have announced a new strategic partnership that will include the marketing of KellyOCG products and services by the Indicia Group with sales distribution in the Benelux region. This joint market approach will enable the talent-focused outsourcing delivery models from KellyOCG to join forces with the services portfolio offered by Indicia
Korn Ferry Posts Eight Percent Revenue Increase
Korn/Ferry International/(NYSE:KFY) posted revenues of $200.2 million for the second quarter fiscal 2012, an increase of eight percent from revenues of $185 million a year ago. The Los-Angeles-based recruiter earned $15.1 million, or 32 cents a share, up from $13.7 million, or 30 cents a share, last year. "I am proud of Korn/Ferry's accomplishments during
