DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Heidrick & Struggles to Go Private in Advent- and Corvex-Led All Cash Deal
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International / (NASDAQ:HSII) has entered into a definitive agreement whereby a consortium of investors led by Advent International and Corvex Private Equity, and including several leading family offices, will acquire all of the firm’s outstanding public shares. This new investor consortium will include significant investment from
Optimizing Talent: How to Hire Right and Reduce Costly Turnover
Choosing the right candidate is essential to the company’s long-term success. Turnovers and high attrition can cost from 50 percent to 200 percent of employee salaries, depending on whether the hire is entry-level or a seasoned executive. By taking the talent optimization approach to hiring, you dramatically improve hiring odds, according to a recent report
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.
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
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?
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
TriSearch Expands Through Strategic Partnership
TriSearch has entered into a strategic partnership with Northwest Talent Solutions founder Nikita R. Steals, who has joined the firm as vice president, client success. The arrangement combines Northwest Talent Solutions’ workforce transformation expertise and entrepreneurial agility with TriSearch’s national recruiting platform, scalable delivery capabilities and highly customized approach to client partnership. Northwest Talent Solutions
Private Equity Takes a Harder Look at Leadership Assessment
Private equity firms examine every line of the financial model and pressure-test the commercial thesis from multiple angles. However, an assessment of the leadership team is often the least rigorous part of diligence. Deal teams will spend weeks validating a revenue forecast and only a matter of hours forming a view on the CEO expected
The Succession Crisis Extends Beyond Small Business
Succession planning has become one of the most pressing leadership issues facing boards as a growing number of senior executives move closer to retirement. For executive search firms, that is creating increased demand for earlier engagement, deeper assessment of internal talent, and more deliberate planning around critical leadership transitions. The challenge is especially acute when
Academic Career & Executive Search Recruits General Counsel for MassArt
Academic Career & Executive Search (ACES) has recruited Jeannie Barrett as general counsel at Massachusetts College of Art and Design (MassArt). Jennifer Muller, managing partner, led the assignment. Ms. Barrett brings more than 25 years of legal experience in higher education, advising institutions and senior leaders on a wide range of complex legal, operational, governance, and
Lock Search Group Fills Senior Position for Emergent BioSolutions
Toronto-headquartered executive recruitment firm Lock Search Group has assisted in the recruitment of Layton Henderson as vice president and general manager of Emergent BioSolutions’ Winnipeg manufacturing facility. “We’re grateful to celebrate a successful executive placement with our valued partner, Emergent BioSolutions,” Lock Search Group said in a LinkedIn post. “Congratulations to Layton Henderson on his appointment. We’re
Options Group Expands Dubai Office
Options Group has expanded in Dubai office with the additions of Eugenio Chiappini and Ben Prickett as vice presidents. Mr. Chiappini specializes in the private equity and family offices sectors. His addition strengthens the firm’s presence in the Middle East and supports its work with alternative investment firms and private capital clients seeking senior talent. Before
Executive Search Evolves, but Relationships and Judgment Still Matter Most
Executive search is evolving as firms face growing pressure to deliver stronger talent outcomes while providing deeper advisory value to clients and candidates. The most effective search organizations are looking beyond individual assignments to build broader networks, strengthen market intelligence, and create relationships that endure across careers and leadership transitions. That shift is placing renewed
Executive Diligence Takes on Greater Role in Senior-Level Hiring
Executive search increasingly extends beyond assessing experience, leadership style, and cultural fit. For boards and investors, understanding a senior candidate’s background, reputation, and potential risk profile has become an important part of evaluating whether that individual is equipped to lead in a high-stakes environment. That has made investigative diligence a more meaningful component of senior-level
BarkerGilmore Recruits General Counsel for Stanford University
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Timothy G. Lynch as vice president and general counsel of Stanford University. He succeeds Debra Zumwalt, who announced earlier this year that she would retire after 26 years as Stanford’s vice president and general counsel. BarkerGilmore’s Sarah Sullivan, Brittney McDonough, and
Calibre One Recruits CPO and Chief Technology and Information Officer for Production Resource Group
Calibre One has placed Jennifer Caserta as chief people officer and Joe Simon as chief technology and information officer at PRG (Production Resource Group) in New York City. “We are building PRG for a bigger future, and that means investing across every part of this business: our leadership, crews, talent development, and the equipment, technology and
7 Ways a Retained Search Recruiter Can Help Your Career
With the increasing number of emails, calls and texts from colleagues and clients, it is understandable why someone would overlook unsolicited messages from recruiters, especially for professionals happy in their current roles. There is a perception that recruiters focus solely on filling immediate job openings, and nothing more—but nothing could be further from the truth,
Kienbaum Executive Consultants Opens in Bucharest; Adds Former Stanton Chase COO
German executive search firm Kienbaum Executive Consultants International has announced a new office in Bucharest, Romania and named Loreda Dragomir as country manager. The new location will concentrate on hiring top management and C-level executives in functions such as finance, controlling, production, operations, logistics, IT, marketing, sales and HR. Ms. Dragomir was previously served as
VMA Group Expands Team
U.K.-headquartered recruitment consultancy VMA Group has added Joanne Watkins and Lindsay Wienand to its external communications practice. Interim roles within the external communications practice will now be handled by Lucinda Moores who comes with strong recruitment experience developed over seven years with Hays. With a 20 year career in travel and leisure communications, Ms. Watkins
DHR Places Chief Marketing Officer at Ulta Salons, Cosmetics & Fragrance
DHR International has recruited Kimberley Grayson as senior vice president and chief marketing officer of Ulta Salons, Cosmetics & Fragrance. Marcey Rubin Stamas, managing director retail/consumer and Frank Spencer, managing director and retail practice group leader, led the search for DHR. “Kimberley’s tremendous passion for product and brand, and her success in fashion branding and
SourceRight Solutions Releases RPO One
SourceRight Solutions, a division of recruiting giant SFN Group, has introduced RPO One, designed specifically for small to mid-sized organizations seeking to outsource and enhance their recruitment needs. RPO One is targeted to organizations with 100-5,000 employees and can also be used to support global hiring initiatives. “As hiring needs begin to rebound, small to
Ultimate Solutions Adds to Management Team
Ultimate Software, a provider of unified human capital management SaaS solutions for global businesses, has named Cecile Alper-Leroux as vice president of strategic HCM and Andrew McCarthy as vice president of market strategy. Ms. Alper-Leroux will drive the global vision and product direction for Ultimate's complete line of HCM solutions. She brings more than 15
Korn Ferry Revenue Increases 32 Percent
Korn/Ferry International/(NYSE:KFY) posted revenues of $185 million for the second quarter fiscal 2011, an increase of 32 percent from revenues of $140.1 million a year ago. The Los-Angeles-based recruiter recorded earnings of $13.7 million, or 30 cents a share, compared with $2.8 million, or six cents a share, last year. "As evidenced by our sixth
Caldwell Partners Appoints Insurance Practice Head
Executive search firm The Caldwell Partners International Inc. has appointed Stamford-based partner Peter Reed to lead its insurance practice. Mr. Reed specializes in finding talent for the property and casualty and life insurance sectors, and has successfully executed searches across the C-suite and boardroom for domestic and global companies, including carriers, brokers, and industry-related service
Columbia Consulting Completes Search for Oakwood Worldwide
Columbia Consulting Group (CCG) has placed Michael Thompson and Fred Woodward as account directors within the federal team at Oakwood Worldwide. Bert Sadtler, a CCG managing director, completed the searches. Mr. Thompson was previously an account manager at ANSYS, Inc. Mr. Woodward was most recently a federal sales manager at A. Pomerantz & Co. Oakwood
Pinstripe Adds SVP to Expand International Recruitment Alliances
Pinstripe, Inc., a human resources and recruitment process outsourcing (RPO) company, has added Courtney Cook as senior vice president of global business practices. In this role, Ms. Cook will develop and enhance business in global markets and work with U.S.-based multinationals that have domestic and international business needs. She has 17 years of experience working
Jobsin Network Has Launched JobsinGreen.eu
The Jobsin Network has launched JobsinGreen.eu. The site is dedicated to helping users search and apply for environmentally-focused “green” jobs. In addition, JobsinHubs has also developed CareerBooster.eu a community by job seekers for job seekers to share best practices and enhance employability. JobsinHubs.com is a network of online job boards for English speaking professionals looking
Harvey Nash Posts 24 Percent Revenue Jump
Global search and talent solutions firm Harvey Nash has reported that both the group's revenue and gross profit for the third quarter ending October 31, 2010 increased 24 percent compared to the same period last year. The firm will pay an interim dividend, in respect of the six months ended July 31, 2010, November 26,
Hudson Highland Group CEO Resigns; Spencer Stuart to Conduct Search
Hudson Highland Group, Inc., providers of permanent recruitment, contract professionals and talent management solutions, has announced that chairman and CEO Jon Chait intends to retire from the company on April 28, 2011. "After careful deliberation I have decided it is time for the company to transition to a new leader," said Mr. Chait. "Hudson is
Kenexa Creates Newly Enhanced Integration with Sterling InfoSystems
Kenexa Corporation, a global provider of business solutions for human resources, has announced its newly enhanced integration with Sterling Infosystems, Inc., providers of employment screening and occupational health services solutions. The partnership gives human resources professionals and global organizations the benefits of having more efficient integrated talent management and employment screening capabilities. “Employment background checks
Work&Partners Fills Position for Capgemini
New York-based Work&Partners LLC has placed Fred Ejlali as the vice president and senior account executive for the financial services global business unit of Capgemini. Mr. Ejlali was formerly a senior vice president – managing partner, financial services industry at CheckFree/Fiserv. Alan J. Work of Work&Partners led the search. Capgemini are providers of systems integration
WorkOpolis Forms Partnerships with CGI and Talent Technology
Workopolis has formed a partnership with CGI and Talent Technology to offer both companies' recruiting solutions to clients alongside Corporate Works, the applicant tracking system (ATS) and career site hosting provider from Workopolis. This partnership enables recruiters to access Canada's most comprehensive suite of candidate management solutions. Corporate Works offers companies tools to attract, manage
CTPartners Opens Dubai Office
CTPartners has opened a new office in Dubai and appointed Russell Adam as managing director. Mr. Adam joins CTPartners from global search firm Odgers Berndtson, where he was a partner in Dubai and helped to establish their presence in the Middle East. He has worked across the UAE for both international and local clients within
Futurestep Creates Houston Service Management Center
Futurestep, a Korn/Ferry International company that provides talent acquisition solutions, has launched its Houston Service Management Center (SMC). Joining the company's Shanghai and Bangalore SMC facilities as part of its standardized global service delivery model, the center provides full lifecycle support for recruiters as they serve clients of the company's RPO, project-based recruitment and mid-level
Bond Joins the Association of Professional Staffing Companies
Recruitment software provider Bond International Software has become a member of The Association of Professional Staffing Companies (APSCo). As an affiliate member, Bond will receive a range of recruitment system benefits, including extensive networking with industry peers through regular meetings and special interest forums. There will also be the opportunity to discuss recent trends and
Global Employment Solutions Makes Acquisition
Global Employment Solutions has purchased the NY Temporary Staffing Unit of Headway Corporate Resources, a North American human capital solutions company. With this acquisition, Global Employment Solutions will be able to provide expanded placement services across multiple industries in the areas of administrative, accounting & finance, engineering, legal, life science and technology. The NY Temporary
Borderless Executive Search Adds Consultants
Brussels-based Borderless Executive Search has added Hans Schmeits, Patrick Denis, Jim Verstraete and Lisa Tchouklova as consultants. Mr. Schmeits has over two decades of corporate experience within the bio-pharma, medical devices, FMCG and management consulting sectors. He has held senior management roles in several leading multinationals, both in headquarters and in affiliates in Europe, the
Egon Zehnder Names Practice Heads
Global executive search Egon Zehnder International has named Manuel de Miranda as head of its U.S. HR practice and Todd Hutchings as head of the firm’s North American life sciences practice group. As leader of the U.S. HR practice, Mr. de Miranda will be responsible for building the brand and deepening relationships in the HR
Spencer Stuart to Lead CEO Search for Morgans Hotel Group
Executive search firm Spencer Stuart has been retained by Morgans Hotel Group Co. to lead in its search for a chief executive officer. The contract of Fred Kleisner, the company’s current CEO, concludes on December 31, 2010. Morgans Hotel Group is widely credited as the creator of the first "boutique" hotel and a continuing leader
Renewed Confidence in Hiring Offers Brightens Employment Outlook
After 10 consecutive months of private sector employment growth, half of employers and recruiters anticipate more professionals will be hired in the first half of 2011 than the previous six months, according to a new survey by Career site Dice Holdings, Inc. This result closely mirrors findings six months ago which are being reflected in
TalentWise Launches Solution for Bullhorn
TalentWise, an employment screening solution provider that offers employment screening and onboarding solutions designed for human resources, staffing and recruiting professionals, has announced the launch of a pre-integrated employment screening solution for Bullhorn customers. The streamlined solution from TalentWise allows Bullhorn’s staffing and recruiting customers to perform employment background checks and drug tests on candidates,
Norman Broadbent Acquires Human Asset Development International
Norman Broadbent plc, a provider of executive search and leadership consultancy services, has acquired the business and assets of Human Asset Development International Limited (HADIL), a provider of psychological assessment, talent audit, executive coaching and applied research services. HADIL will remain separate from the executive search services provided by Norman Broadbent in order to present
Major, Lindsey & Africa Adds to Associate Practice Group
Search firm Major, Lindsey & Africa has added Alexis Osen as a managing director in its associate practice group. Ms. Osen, an experienced legal search consultant and former practicing lawyer, will specialize in recruiting lawyers into leading U.K. and U.S. law firms in London. Prior to joining MLA, she worked at Taylor Root, a contingent
Heidrick & Struggles Promotes General Counsel
Chicago-headquartered executive search firm Heidrick & Struggles International has announced the promotion of Stephen Beard to executive vice president and general counsel. He will have responsibility for all of the company's worldwide legal activities. Mr. Beard joined Heidrick & Struggles in 2003 as assistant general counsel and was promoted to VP, deputy general counsel, and
SuccessFactors Appoints Ex-GE Executive as People Officer
SuccessFactors, Inc., a provider of on-demand employee performance and talent management solutions, has appointed Jeffrey Diana as chief people officer. Mr. Diana is an accomplished business leader with a deep functional – and in particular strategic – expertise in Human Resources. His experience includes senior HR leadership roles at General Electric, Microsoft, Safeco and Expedia
Monster Employment Index Growth Rate Up 13 Percent
The Monster Employment Index (MEI), a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards, has recorded its tenth consecutive month of positive annual growth rate with year-over-year growth at 12 percent. Seventeen of the 20 industries monitored by the Index showed positive
Carrie Pryor Opens Greenwich Harbor Partners
Veteran recruiter Carrie Pryor has opened Greenwich Harbor Partners to focus on finding executives in the entertainment, media and technology industries. Ms. Pryor’s recruiting career spans two decades as partner at Spencer Stuart, Korn/Ferry International, Ward Howell and most recently CTPartners where she was known for building top management teams at the forefront of the
Boyden CEO Chris Clarke Steps Down
Chris Clarke is stepping down from his responsibilities as president and CEO of Boyden Global Executive Search. Trina Gordon, chairman and managing director of Boyden Chicago, has been named interim chief of the firm. Dr. Gerhard Raisig, a member of Boyden’s board of directors, will serve as interim chairman. “On behalf of all of our







