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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.
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
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?
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
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
Heidrick & Struggles Posts 11 Percent Revenue Increase for Q1
Executive search, leadership consulting, and culture shaping services provider Heidrick & Struggles / (NASDAQ:HSII) has posted first quarter revenues of $265.2 million, an 11 percent increase from a year ago. Revenues included the acquisition of Atreus Group GmbH completed on February 1, 2023 and the acquisition businessfourzero completed on April 1, 2023. The firm experienced revenue growth in On-Demand Talent, Heidrick Consulting, and executive
Spencer Stuart to Lead CFO Search for Republic Airways Holdings
Executive search firm Spencer Stuart has been retained by Republic Airways Holdings Inc. to lead in its search for a new chief financial officer. Internal and external candidates will be considered for the position. The company expects to name a replacement early in 2011. Republic Airways Holdings, based in Indianapolis, is an airline holding company
Employee Confidence Index Edges Up
The SFN Group Employee Confidence Index increased 1.4 points to 50.1 in October. The index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, shows that 40 percent of workers believe the economy is getting weaker and 60 percent believe that there are fewer jobs available. Twenty-one percent of
Kforce Gains 13.7 Percent in Q3
Kforce Inc./(NASDAQ:KFRC), a provider of professional staffing services and solutions, has announced third quarter of 2010 revenue of $259.5 million, a 13.7 percent increase from $228.3 million in revenues a year ago. The company earned $6.4 million, or 16 cents a share, compared with $2.3 million, or six cents a share, a year earlier. “We
Howard & O’Brien Adds Former Merrill Lynch Analyst
Boutique executive search firm Howard & O'Brien Associates has added veteran financial analyst Lauren Rich Fine to its staff. Ms. Fine joins a team of partners – Lee Ann Howard, John O'Brien, Tom Kroeger and Tina Hauptner – with broad recruiting experience within Fortune 500 corporations, including human resources, general management and marketing leadership and
Korn Ferry Names Head of North America Insurance Practice
Korn/Ferry International has announced that Tom Rowe has joined the firm as a senior client partner and head of its North American insurance practice. He will be based out of the firm's New York office. Mr. Rowe joins Korn/Ferry from Heidrick & Struggles, where he specialized in the insurance industry, with a particular focus on
NotoGroup Bolsters Staff
Portland OR-headquartered executive search firm Notogroup has named Karen Kinared as a senior recruiter. With over 14 years of consulting and executive search experience, Ms. Kinared was previously a senior recruiter at Washington Mutual Bank. “I have worked with Karen in various capacities for over a decade,” said Roy Notowitz, founder. “She has an efficient
Hudson Highland Records 18 Percent Revenue Rise
Hudson Highland Group, Inc./(NASDAQ:HHGP) has posted third quarter 2010 revenues of $200.4 million, a increase of 18.1 percent from $169.6 million a year ago. The company posted a net loss of $1.9 million, or six cents per basic and diluted share, compared with net income of $6.9 million, or $0.26 per basic and diluted share,
Work&Partners Completes Search for FTI Consulting
New York-based Work&Partners LLC has placed David Appolonia as a senior managing director for the transaction advisory services practice at FTI Consulting. Mr. Appolonia was formerly a partner in the transaction services practice at KPMG LLP, where he was responsible for managing financial due diligence engagements and conducting more than 80 investigations. FTI specializes in
Signium Expands in Peru
Signium International has added TASA Worldwide Peru as its newest member firm. TASA is led by Adolfo Gonzales, managing partner, and began operations in 1996. As a boutique firm specializing in executive search, the firm provides advice and recruitment solutions for executive positions including presidents, directors, general manager, functional managers and any key positions within
IIC Partners Announces New Board
IIC Partners has announced the election of five new board members at its annual global meeting held in Brussels. The partnership, which has 53 offices with 43 member firms across 37 countries, has added Jeff Harris of Harris Associates, who becomes vice chair – Americas. Additional board members include: Myriam Walgraef of Brussels-based Hoffman &
Academic Search Fills Post at University of Auckland
Academic Search International (ASI) has placed Dr. Andrew Stockley as dean of law at The University of Auckland. Dr. Stockley will take up the post next February, succeeding professor Paul Rishworth who has been dean since 2005. ASI conducts highly focused and effective international searches to locate and attract professors, heads of departments/schools, deans and
Dice Posts 23 Percent Revenue Jump; EFinancial Careers Up
Dice Holdings, Inc./(NYSE:DHX), a career website for technology and engineering professionals, has recorded revenues of $34.4 million for the quarter ended September 30, 2010, an increase of 23 percent from $26.7 million in the comparable quarter of 2009. Strong recruitment activity and the ongoing shift of recruitment spend to specialty career sites are the primary
CA Technologies Selects Allegis as Its Talent Acquisition Partner in EMEA
CA Technologies has appointed Allegis RPO as its new talent acquisition partner for Europe, the Middle East and Africa (EMEA). Allegis RPO will provide recruitment services for CA Technologies in 31 countries throughout the region, helping CA Technologies to further identify, attract and hire talent and ensure close alignment with its business strategy. Allegis RPO
TriNet Opens Offices in Austin, Raleigh and San Diego
TriNet Group, Inc., a provider of human resources outsourcing services for small businesses, has opened new offices in San Diego, Raleigh and Austin. The company now has offices in 28 cities across the U.S. “TriNet will continue to support small business in regions where innovation and entrepreneurialism thrive,” said Mike Triantos, TriNet’s chief client officer.
Heidrick Posts Revenue Gains; Europe Stays Weak
Chicago-based executive search firm Heidrick & Struggles International/(NASDAQ:HSII) has posted net revenue of $126.1 million for the third quarter ended September 30, 2010, an increase of 21.6 percent from $103.5 million a year ago. Net revenue increased 30.7 percent in the Americas, declined 11.6 percent in Europe (approximately five percent on a constant currency basis),
Premier Executive Search Places HR Execs at Revere Copper
Premier Executive Search, the executive search division of The Premier Partners, has completed the placement of two key human resources executives for Revere Copper. Timothy Rosbrook was recruited as its vice president of human resources and Eugene Gianforti has been placed as the director of employee relations for Copper Products. “We continue to experience double
ResumeBucket Releases New Services for HR Execs
ResumeBucket.com, a free online employment service, has created a new suite of premium services for employers to find top tier job candidates. Incorporating advanced search tools, bookmarking capabilities and embeddable job widgets, these new features enhance the resources available to HR managers and recruiters. Building on the existing free tools, the new services give companies
Diversified Human Resources Merges with Terra Firma
Diversified Human Resources has merged with Terra Firma, a professional employer organization in Denver. The move expands Diversified Human Resources’ operations in Colorado while providing Terra Firma clients access to a broad portfolio of insurance benefits, an online service platform and an expanded employment law expertise. "Terra Firma has a well-earned reputation for providing quality,
DHR International Adds EVP in Denver
DHR International has appointed Debra Young as executive vice president in the firm’s Denver office. Ms. Young conducts searches for the consumer goods, utilities, energy and retail industries. Prior to joining DHR, she was a managing partner at boutique firm Edwards Executive Search. Ms. Young has managed and conducted assignments to recruit senior-level executives in
Online Job Demand Rises in October
Online advertised vacancies rose 113,700 in October to 4,409,800, following an increase of 59,900 in September, according to The Conference Board Help Wanted OnLine Data Series. The nation's supply/demand rate stood at 3.44 unemployed for every advertised vacancy in September (the last available unemployment data), a figure that is down from a peak of 4.73
Odgers Berndtson to Lead COO Search for Spotify
U.K.-based executive search firm Odgers Berndtson has been chosen to find the next chief operating officer of Spotify as the company prepares for the launch of its U.S. operations. Spotify is a music streaming service offering unlimited streaming of selected music from a range of major and independent record labels. Odgers Berndtson provides executive search
SFN Group 26 Percent Revenue Rise
Recruiting giant SFN Group, formerly known as Spherion Corporation,/(NYSE:SFN) posted third quarter 2010 revenues of $527 million, a 26 percent increase from revenues of $527 million during the same period last year. The Fort Lauderdale-based company recorded adjusted earnings from continuing operations of $6.0 million, or $0.11 per share, compared with $0.5 million, or $0.01
OneWire Creates Candidate Sourcing Tool
OneWire has launched MatchBook, a candidate sourcing tool designed to accelerate precise career connections and increase employers' sourcing and hiring efficiency. MatchBook enables employers to select targeted criteria through the use of guided search filters and structured keyword search. “We implemented MatchBook to directly address the challenges that hiring managers encounter when sourcing candidates,” said
Kinsey Allen Adds Recruiter in Asia
U.K.-based executive search firm Kinsey Allen International has added Marc Karim Baloch as head of fixed income for the firm’s Asian operations. With over 10 years recruitment experience, Mr. Baloch previously served as director at Akamai Financial Markets and prior to that was a senior consultant with Michael Page. “The banking and asset management job
K. Fehling & Associates Opens Office in San Francisco
Executive search firm K. Fehling & Associates (KFA) has opened a new office in San Francisco and named Lori Christiansen as biotech practice leader and Mary Letteriias as a senior associate. From 1999 until 2009, Ms. Christiansen served as vice president of a San Francisco-based search firm BioQuest, LLC. She has recruited numerous VP and
Parker Executive Search to Lead Search for University of Minnesota Football Coach
Atlanta-headquartered Parker Executive Search has been retained by the University of Minnesota to head its search for a new football coach. In the past year, Parker Executive Search has also helped to select Notre Dame football coach Brian Kelly, Iowa men’s basketball coach Fran McCaffery and NCAA president Mark Emmert. Parker Executive Search is a
StepStone Selected by Grupo Azucarero Mexico
StepStone, a London-based provider of human capital management solutions, has announced that Grupo Azucarero Mexico (GAM) will begin the implementation of its integrated StepStone Solutions Talent Management system. Grupo Azucarero Mexico is a major industrial food company dedicated to the production and commercialization of sugar cane and its derivatives. StepStone Solutions' platform will support GAM
Taleo Records 16 Percent Revenue Increase
Taleo/(NASDAQ:TLEO), a provider of on demand talent management solutions, has posted third quarter 2010 revenues of $58.7 million, a 16 percent increase from $50.7 million during the same period a year ago. The company posted a net gain of $1.6 million, or four cents per share, versus a loss of $1 million, last year. During
Pedersen & Partners Adds Consultant in Latvia
Executive search firm Pedersen & Partners has added Eva Alberte as senior consultant in Latvia. Ms Alberte will be responsible for client relationship management and execution of senior level recruitment assignments in the financial services sector. She has more than 10 years of management experience in human resources having previously worked as HR director for
Stephen James Associates Expands Executive Banking and Financial Services Group
Stephen James Associates (SJA), a division Allegis Group, has appointed Natalie Pacifico to its executive banking and financial services group. Ms. Pacifico will focus on the Greater Philadelphia area and will be responsible for performing executive search in banking and financial services at the mid to senior executive level for the firm's banking practice. Ms.
The Buffkin Group to Lead CEO Search for HIP TN
Executive search firm The Buffkin Group has been chosen by The Health Information Partnership for Tennessee (HIP TN) to lead its search for a chief executive officer. HIP TN is a Tennessee not-for-profit organization that works to improve access to health information through a statewide collaborative process by providing services and infrastructure for the secure
