DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Post-Merger Integration Leadership: Hiring the Right Executives to Capture Deal Value
Private equity firms spend billions on acquisitions each year, yet Harvard Business Review research shows that 70-90 percent of mergers fail to achieve their projected value, with the breakdown occurring primarily during post-merger integration. For lower middle market PE firms executing buy-and-build strategies, this failure rate represents millions in unrealized returns, according to a recent report
The Moran Company Seeking CEO for the American Counseling Association
The Moran Company, an executive recruitment firm that specializes in the non-profit sector, has been selected by the American Counseling Association (ACA) to lead in its search for a new CEO. Jon Rosell is leading the assignment. The organization seeks an energetic, experienced, and highly skilled chief executive officer to work collaboratively with the governing
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.
Kaye/Bassman Completes Top Search for Vornado Realty Trust
Plano, TX-based executive search firm Kaye/Bassman International (KBIC), a Starfish Partners company, has recruited Elisa Young as executive vice president, head of retail leasing at Vornado Realty Trust, one of the most prominent owners and managers of commercial real estate in Manhattan. Managing partner Scott Huey led the assignment. For Huey and Kaye/Bassman, this placement underscores the importance of specialized executive
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?
Leathwaite Continues Partnership with St Marylebone School
London-based executive search firm Leathwaite is continuing its long-standing partnership with St Marylebone School in London, supporting students as they prepare for the next stages of their academic and professional journeys. The firm said the program is part of its community engagement efforts and reflects its commitment to social mobility and widening access to opportunity. St
Hunt Scanlon Media and Simsola AI Launch Survey on the Last Mile of Executive Search
Executive search firms are under growing pressure to bring greater consistency and transparency to how finalists are evaluated and recommendations are made. As AI and new technology move deeper into the search process, firms are also rethinking how interview feedback is captured, how candidates are compared, and where experienced consultant judgment should carry the most
Investigative Diligence Moves Earlier in Executive Search
Executive hiring decisions increasingly carry reputational, financial, and governance consequences that extend well beyond a candidate’s resume. As a result, boards, investors, and search committees are placing greater emphasis on understanding the broader context behind an executive’s track record before making a final decision. That shift is giving investigative diligence a more prominent role in
Carpenter Legal Search Recruits General Counsel for Spirax Group’s Electric Thermal Solutions Division
Carpenter Legal Search, Inc. has recruited Matthew Simonds as general counsel of the Electric Thermal Solutions (ETS) division of Spirax Group, a global industrial engineering company. “Matt stood out throughout the search process because of his combination of legal sophistication, strong business judgment, and ability to serve as a true strategic partner to leadership,” said Lori Carpenter,
Kincannon & Reed Assists Stokes Seeds with Chief Commercial Officer Search
Kincannon & Reed (K&R), which exclusively focuses on food, agribusiness, and the related life sciences, has helped to recruit Andy Paston as chief commercial officer of Stokes Seeds, a leading North American supplier of vegetable seed serving commercial growers across the United States and Canada. “Andy brings a strong combination of agricultural expertise and commercial leadership,”
Chartwell Partners Recruits President and CEO for Eagle Bancorp
Dallas, TX-based executive search firm Chartwell Partners has assisted in the recruitment of Stephen Curley as president and chief executive officer of Eagle Bancorp, Inc., the Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington, D.C. area. The appointment followed an extensive board evaluation and search of internal and external candidates.
Egon Zehnder Examines the Great AI Divide Reshaping Private Equity Leadership
Private equity firms are moving quickly to determine where AI can create the greatest advantage across portfolio operations and investment strategy. As adoption accelerates, firms are rethinking what kind of AI leadership they need and where those roles should sit. That shift is beginning to reshape talent strategies across the PE market. Over the past
DHR Global Acquires Life Sciences-Focused Discovery Search Partners
Talent advisory firm DHR Global has acquired Discovery Search Partners, a retained executive search firm focused on the life sciences industry. Financial terms of the deal were not disclosed. Bill O’Callaghan of Discovery Search Partners will join DHR as managing partner and Don Evans will join as partner, while Brian Evans will help build out the life sciences vertical
The Lancer Group Recruits CHRO for Liquidity Services
La Jolla, CA-headquartered search firm The Lancer Group recently assisted in the recruitment of Karen Fascenda as chief human resources officer of NASDAQ-traded Liquidity Services. Chairman and CEO Bill Angrick highlighted Ms. Fascenda’s strong track record of aligning talent strategies with business growth. Ms. Fascenda, in turn, described Liquidity Services as a proven market leader with significant
SearchWide Global Recruits Chief Sales Officer for the Nashville Convention & Visitors Corp
SearchWide Global has placed Cahal Mowery as chief sales officer of the Nashville Convention & Visitors Corp (NCVC). Kellie Henderson, global head of destinations, led the assignment. “Cahal brings the experience, leadership and energy we need to continue Nashville’s success as a leading meetings, group and events destination,” said Deana Ivey, president and CEO. “His work in
Riviera Partners Expands in APAC Region
San Francisco-based Riviera Partners, a recruitment provider specializing in C-level engineering, product, and design leader placements, has expanded it the APAC region with the addition of Gaurav Dev Burman as a partner based in Bengaluru. In this role, Gaurav will advise boards, CEOs and investors on technology leadership searches across India and the APAC region. “Gaurav
Standing on the Shoulders of the CHRO: Shaping the Modern Workforce Era
As organizations confront rapid technological change, workforce disruption, and mounting pressure to build stronger leadership pipelines, the role of the chief human resources officer continues to expand. Today’s CHRO is expected to help shape business strategy, guide organizational transformation, and ensure companies develop the talent, culture, and leadership needed for long-term success. At the same
Resource Management Group Assists U.S. Oral Surgery Management with CFO Search
Resource Management Group (RMG), an executive search firm specializing in CFO placements, recently helped to recruit Jennifer L. Ellis as CFO of private-equity backed U.S. Oral Surgery Management (USOSM). “Congratulations to Jennifer Ellis on her appointment as chief financial officer at US Oral Surgery Management,” RMG said in a LinkedIn post. “Thank you to Doug Drew,
RH Perry & Associates Seeking CFO for Metropolitan Community College
RH Perry & Associates has been retained by Metropolitan Community College, Kansas City, Missouri (MCCKC) to lead in its search for a new CFO. The assignment is being led by senior consultant Joanne Bashford and Paul G. Doeg, president and chief operating officer. The CFO provides strategic leadership and executive oversight for the College’s financial stewardship, long-range planning,
Heidrick & Struggles Launches Performance Culture
Heidrick & Struggles recently launched Performance Culture, a new solution that integrates the firm’s existing culture shaping capabilities with the purpose-driven transformation expertise of businessfourzero, the next-generation consultancy acquired by Heidrick in 2023. “Today’s leaders are simultaneously navigating AI-driven transformation, margin pressure, and the need to build more agile organizations in an increasingly uncertain environment,”
The International Executive Search Federation Elects First Woman President
The International Executive Search Federation (IESF) has elected Adelina Rosca, managing partner of Rosman Talent Solutions (RosMinds), as president of its global network. She became the first woman and the first leader from Eastern Europe to lead the organization since its establishment in 2002. Ms. Rosca takes over this month from Gertjan van de Groep of
The Hidden Cost of Getting the CEO Decision Wrong
Russell Reynolds Associates’ latest report, The CEO Decision: How PE Investors Select and Reassess Leaders from Entry to Exit, puts numbers behind one of private equity’s most important human capital questions: how much does the CEO decision matter to investment performance? The answer is significant. Russell Reynolds Associates notes that top-quintile portfolio company CEOs generate
DSG Global Retained by Ronald McDonald House for Inaugural Global Chief Financial & Administrative Officer Search
DSG Global has been retained by Ronald McDonald House to recruit its inaugural global chief financial & administrative officer (CFAO). The search is being led by Cheryl Stevens and Claire Hunt. This executive will play a pivotal role in shaping the future of a global System spanning 250 Chapters across 61 countries and regions. This newly expanded
Isaacson, Miller Tapped by Dartmouth College for CIO Search
Boston-based Isaacson, Miller has been retained by Dartmouth College to lead in its search for a chief information officer. Becca Kennedy is leading this search with Kristen Andersen and Ryan Smillie. The CIO will oversee enterprise technology, cybersecurity, research computing, enterprise systems, and business transformation while providing strategic guidance on technology governance, resource allocation, operational resilience, and emerging
Calibre One Names Co-Leader of Global Real Estate Practice
New York City-based Calibre One has named Rebecca Wilson as a partner in the firm’s financial services practice. Based in New York, she will also co-lead the global real estate practice alongside managing partner David Schumer. “Rebecca combines decades of senior experience in financial services with a strategic consultant’s perspective and a proven track record
Amplified People Group Acquires Higher
Amplified People Group, the people services specialist that supports technology companies from inception to initial public offering (IPO), has acquired Higher, the executive search firm that specializes in AI and engineering leadership hires. Financial terms of the deal were not disclosed. The acquisition addresses the pressing demand for AI talent and brings more specialized expertise into
Unlocking Competitive Advantage with Interim Executives
In today’s dynamic economic environment, both investor-backed and public companies are reconsidering how they add senior talent. “In my 15+ years of experience in the interim space, I’m now seeing a significant shift: companies are increasingly embracing senior interim or fractional executives not just as a temporary fix, but as a strategic alternative or complement
AGB Search Retained by Elizabethtown College to Find New President
Washington, D.C.-based recruitment firm AGB Search has been retained by Elizabethtown College (Etown) to lead in its search for its 17th president. Melissa K. Trotta and Matthew J. Kilcoyne are leading the assignment. Current president Betty Rider will be retiring on June 30, 2027. The board of trustees is committed to conducting a thorough, inclusive, and forward-looking search that reflects the
BroadView Talent Partners Recruits CFO for Community Shelter Board
BroadView Talent Partners has placed Adrinia Woods as the new CFO of CSB (Community Shelter Board). Christie Angel, Steven Hatchett, Marshawna Williams, and Donna Young led the assignment. “Adrinia distinguished herself with a unique combination of strategic financial leadership, a track record of driving organizational growth and a collaborative approach to building strong partnerships,” BroadView Talent Partners said in a LinkedIn
Coulter Partners Strengthens Global Leadership Team
Life sciences recruiting specialist Coulter Partners has expanded with the additions of Carlos Gómez-Arnau, Doug Roberts, and Stuart Penney as client partners. “These strategic hires further strengthen the firm’s international presence and reinforce its commitment to supporting clients across key healthcare, life sciences, and biotechnology markets,” Coulter Partners said. The appointments expand Coulter Partners’ capabilities across Europe and North
Leadership Needs Shift Dramatically as VC Moves to Wartime Footing
Over a 20-plus-year search career, Ben Dewar of NU Advisory Partners has led hundreds of recruiting engagements across every corporate function imaginable. Along the way, he has recruited dynamic executive talent into CxO and VP roles for VC-backed, PE-backed and public high-growth technology and consumer companies. From that perch, he has witnessed up close and personal
Situs Launches Staffing Solution Business
The Situs Companies has created a new U.S.-based staffing solutions business, which will be led by Anne Jablonski and offer both interim and permanent placements of industry professionals in property and finance. “We have always offered clients the ability to retain the firm's experienced professionals for on-going client-side engagements, however, this year especially; we have
Beyond.com Adds HR Technology Veteran
Beyond.com, Inc., a network of niche career communities, has added Joshua D. Akers as director of enterprise sales for the organization. Based in Indianapolis, Mr. Akers will primarily focus on developing and cultivating the southern sales territory by selling Beyond.com products and services into large enterprise employers. He comes to Beyond.com with more than a
Egon Zehnder Names Head of New England Asset Management Practice
Global executive search Egon Zehnder International has added John F. Knapp as head of its New England asset management practice and member of the firm's U.S. financial services team. With more than 17 years of consulting, marketing and product management experience in the financial services industry, Mr. Knapp joins Egon Zehnder from Fidelity Investments where
CEO Departures Surged in September
Turnover among the nation’s chief executive officers surged to a four-month high in September, as 111 CEO departures were announced during the month, according to the latest CEO turnover report released by global outplacement consultant Challenger, Gray & Christmas, Inc. The increase came just two months after the number of CEO changes dropped to its
DHR International Fills Post at DWHP
DHR International has placed William Tella as executive in residence (EIR) with DW Healthcare Partners (DWHP). Keith Giarman, president of the firm’s venture capital & private equity practice, and Bart Penfold, managing director of DHR's San Francisco office, co-led the search. Mr. Tella formerly served as president of Curative Specialty Pharmacy. "Our goal is to
Taleo Expands Financial and Strategy Staff
Taleo, a provider of on demand talent management solutions, has expanded its senior staff with the additions Douglas Jeffries as executive vice president and chief financial officer and Hans Lidforss as SVP of strategy and corporate development. Mr. Jeffries brings to Taleo more than 20 years of executive leadership experience in finance and operations. Most
Deloitte and Workday Form Partnership
Deloitte and Workday, a provider of SaaS-based enterprise human resources and financial solutions, have formed a strategic alliance. Under the agreement, Deloitte will provide HR transformation and implementation related services to clients deploying tools such as Workday's human capital management (HCM), talent management and spend management solutions. “Our alliance with Workday allows Deloitte to differentiate
Korn Ferry Expands Global Consumer Practice
Korn/Ferry International has announced the addition of Juan Luis Betancourt as client partner in the firm’s global consumer practice. Mr. Betancourt joins Korn/Ferry from Heidrick & Struggles in New York. Throughout his career, he has work with some of the top blue-chip retail, consumer packaged goods and high-technology companies in the world. Mr. Betancourt also
Taylor Winfield Adds Managing Director
Executive search firm Taylor Winfield has named Melinda Sumurdy as managing director, specializing in retail, consumer products, oil & gas, and industrial searches. Ms. Sumurdy has over 20 years executive search experience ranging from new, venture-funded start-ups to large multi-national companies. She joins Taylor Winfield from Waveland Executive Search’s Dallas office where she was a
Hudson IT Launches Healthcare IT Practice
Hudson IT has launched a new healthcare information technology (HIT) practice, with an emphasis on staffing mid-to-senior level healthcare roles. The practice is led by Evan Keene, vice president of consulting services, and includes a recruiting team with more than 20 years of combined experience in healthcare IT, recruiting and consulting. Services are provided locally
DavenportMajor Executive Search Fills Positions for IBA Molecular
DavenportMajor Executive Search has placed Jeffrey McCloskey as oncology program director and Brian Abraham as director of reimbursement, coding and health policy at IBA Molecular. Mr. McCloskey was previously involved in global project management at MedImmune, Inc. Mr. Abraham most recently served as director of reimbursement support programs operations at United BioSource Corporation. DavenportMajor is
Saba Grows Senior Staff
Saba, a provider of human capital management (HCM) solutions, has added Joan Cronin as senior vice president and chief people officer and Laurent Pacalin as SVP and general manager of people learning unit. Ms. Cronin will further Saba's efforts of using organizational empowerment to attract, develop and progress world-class people and leadership for the company.
Xpress Recruitment Creates Executive Search and Selection Division
Edinburgh-based Xpress Recruitment, specialists in hospitality, retail and sales recruitment, named Willie Wood as director of its new executive search and selection division. The practice is designed to address the needs of the senior executive recruitment market within the hospitality industry. “Over the last two years we have noticed a change in how companies are
Morgan Samuels Places Risk Officer at MetLife Bank
Morgan Samuels Company, an L.A.-based executive recruiter, has placed Duane L. Elmer as chief risk officer at MetLife Bank. Mr. Elmer had most recently been SVP, credit risk management, credit risk management, credit portfolio management, credit policy analytics, and automated underwriting and modeling – Wells Fargo Home Mortgage at Wells Fargo & Company. MetLife Bank
SuccessFactors Partners with Verifications
SuccessFactors, Inc. has partnered with Verifications, Inc., a provider of employment screening and onboarding solutions. The partnership supplements SuccessFactors' existing recruiting management module and becomes part of SuccessFactors Business Execution (BizX) Suite, creating a more comprehensive offering for customers. “This partnership accelerates business execution by helping our customers find more of the right people, get
Robert Half International Posts 13 Percent Revenue Jump
Recruiting giant Robert Half International Inc./(NYSE:RHI) has posted third quarter 2010 revenues of $817.3 million, a 13 percent rise from revenues of $725.9 million during the same period last year. For the quarter ended September 30, 20109, net income was $20.6 million or $.14 per share, compared to earnings of $9.5 million or $.06 per
Bond International Software Acquires VCG
Recruitment software provider Bond International Software has acquired VCG, a U.S.-based staffing and recruiting software developer, at a cost of $9 million. The merger allows Bond to secure an important additional portion of the U.S. market. Customers of both companies will be able to take advantage of the combined portfolio of products, expertise and available
Manpower Posts 19 Percent Revenue Increase
Manpower Inc./(NYSE:MAN) has posted revenues of $4.97 billion for the third quarter ended September 30, 2010, an increase of 19 percent from $4.19 billion a year earlier. The Milwaukee-based company recorded net income of $51.3 million, or 62 cents per share, compared with a year-ago loss of $52.8 million, or 67 cents per share. “We
TRANSEARCH Expands Global Team
TRANSEARCH International has added Jan Kovar, Walter Serer, Luis Andres and Christer Karlsson to its global team. Mr. Kovar, who joins the Prague office as managing partner, has a particular focus on finding executive talent for companies in FMCG retail, automotive industry, financial services, IT, telecommunications and utilities. He was previously with a partner at
Spencer Stuart to Lead CEO Search for Charming Shoppes
Executive search firm Spencer Stuart has been retained by Charming Shoppes Inc. to lead in its search for the new chief executive officer. Current CEO James Fogarty recently stepped down. Charming Shoppes is a multi-brand apparel retailer specializing in women's plus apparel. Founded in 1956 and privately owned, Spencer Stuart is an executive search consulting
IMS Talent Adds Senior Consultant
Executive recruiting firm IMS Talent has named Pekka Bollström as a senior consultant. Mr. Bollström has experience in the fields of production and engineering management and operations development internationally. He previously served as vice president of global production at WinWinD, prior to that he worked with Metso Paper Technology. Founded in 1986, IMS Talent is
eQuest Releases New HR Product
eQuest, a provider of job posting distribution and job posting management, has unveiled its latest HR online product called Chameleon. The tool is specifically designed for staffing agencies, franchised operations, retail stores, hotels, and small and medium sized businesses. The product has the ability to morph its user-interface and job posting process to any business
Pedersen & Partners Grows Warsaw Presence
Executive search firm Pedersen & Partners has added Edyta Dawidczyk to the firm as a senior consultant in Warsaw. In the new role she will be responsible for client relationship management and execution of senior level recruitment assignments in Poland and the CEE region across Pedersen & Partners’ organization. Ms. Dawidczyk has over 12 years
True North Capital Bolsters Executive Search Practice
According to industry sources, human capital firm True North Capital has expanded its executive search practice with the additions of Carla Sidoli and Louise Claymore. Ms. Sidoli previously worked at the global recruitment company PSD Group. Her expertise is senior and middle management executive search for e-commerce, marketing, insight and analytics. Ms. Claymore previously gained
Keller Augusta Partners Creates Institutional Services Group
Boston-based executive search firm Keller Augusta Partners has created a new unit, Institutional Services Group, to focus exclusively on placement of senior executives at development and investment companies. Hillary Hatch Graves, a former managing director of Commonfund Realty Inc., will head the new group. Ms. Graves, who has 15 years of experience in the financial
KnowledgeBank Launches Learning Services Practice
KnowledgeBank, Inc., a management consulting company that specializes in human capital and organizational effectiveness services, has launched a new learning services practice. The new tool will design and develop customized learning and consulting solutions that bridge learning gaps, sharpen skills and accelerate performance. The KnowledgeBank learning team will use a variety of media to build
Interview: How Healthy is HR Now and What Does the Future Hold? (Part 2)
Chris Roebuck advises organizations on delivering organizational performance improvement through people. He is visiting professor of transformational leadership at Cass Business School in London and he has held senior HR roles at HSBC, KPMG and UBS where the project he worked on is now a Harvard Business School case study. Mr. Roebuck also writes for
Healthcare Recruiter Daniel J. Ebbert Joins Tyler & Company
Tyler & Company has added Daniel J. Ebbert to the firm as vice president. Mr. Ebbert brings 12 years of experience in executive search through working for Korn/Ferry International, The Hennessy Group, and most recently, serving as founder and president of Strategic Research Solutions. His initial focus will be on executive recruitment in the healthcare
Leadership Capital Group Opens New Office in Costa Rica, Grows Board of Directors
Leadership Capital Group, a North American and EMEA executive search firm, has expanded its board with the appointment of Kai-Shing Tao and Dr. Ken Siegel. Separately, the firm has opened a new office in Costa Rica to serve the expanding Latin American market. This is the company’s fifth office outside North America. The others are
The Execu|Search Group Partners with Career Solvers
The Execu|Search Group has partnered with Career Solvers, a career management organization, to offer its candidates and clients a wide array of career services. Career Solvers provides customized services for individual job seekers and organizations. “Career Solvers is a reputable organization that can assist both our clients and candidates,” said Edward Fleischman, CEO of The
Major, Lindsey & Africa Expands Law Firm Management Practice Group
Legal search firm Major, Lindsey & Africa has expanded its law firm management practice group with the appointment of Scott Kessler as a managing director. Located in MLA's San Francisco office, Mr. Kessler will focus on filling professional management positions in law firms throughout the country. Prior to joining MLA, he held senior marketing and
