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.
BoardWalk Consulting Leading Chief Philanthropy Officer Search for the Society of St. Vincent de Paul
BoardWalk Consulting was recently selected by the Society of St. Vincent de Paul (SVdP) to lead in its search for a chief philanthropy officer. The search is being led by Terri Kohan and Patti Kish. Philanthropy is central to that ambition. SVdP USA’s leadership aims to grow national fundraising substantially over the next three to
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?
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
Search Leaders Have Mastered Prompting. Now They Want AI that Works for Them
As artificial intelligence becomes more deeply embedded in executive search, firms are moving beyond basic adoption to determine how the technology can deliver measurable business value. The focus is increasingly shifting toward improving productivity, strengthening client relationships, and giving recruiters more time to concentrate on high-value activities. But realizing those benefits will require more than
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
A Look at How the CFO Role in Private Equity is Evolving
Navigating a tapestry of challenges, private equity CFOs have undergone a transformative evolution, shifting from being financial overseers to becoming strategic pilots. Their role surpasses the scope of accounting and reporting monthly numbers; they now own and harness data, providing invaluable insights that improve fact-based decision making for the organization at large, according to a
Tatum Adds Former Accenutre Exec
Tatum LLC has added Matt Jones as a partner in its mid-Atlantic practice focusing on the business operations and technology sectors. Mr. Jones was previously a senior manager with Accenture’s health and public service operating group. He joined Accenture in 1994 in the products operating group and spent the majority of his career working within
Alliance Staffing Solutions and ESearch Join Forces
Alliance Staffing Solutions, a full-service recruitment firm with offices in Cuyahoga, Summit, Portage and Franklin counties, has announced a joint venture with eSearch, Inc. The initiative deepens the two companies' expertise in financial talent recruitment and gives their customers a single source for filling positions across the entire spectrum of accounting, from bookkeeper to chief
WTW Associates to Lead Search for Country Music Association
Executive search firm WTW Associates, Inc. has been retained to lead the search for a new executive director for the Country Music Association. Ira Sallen, a partner in the New York-based firm, will head the assignment. With over 7,000 members from 41 countries, the CMA is dedicated to bringing country music to the world through
VMA Group Expands Financial Services Team
U.K.-headquartered recruitment consultancy firm VMA Group has added Jennifer Bargrove to its financial services team. Ms. Bargrove was previously a senior consultant for EMR City, where she was recruiting specialist for marketing and communications professionals in the areas of asset management, investment and corporate banking, alternative investment and private equity. “We’re delighted to have Jennifer
PeopleClick Authoria Partners with First Advatage
Peopleclick Authoria, a provider of talent acquisition and talent management solutions, has formed a strategic alliance with First Advantage, a pre-hire screening solution provider. Through this partnership, Peopleclick Authoria offers its global client base deep assessment and pre-employment screening capabilities. “In today's economy, each employee plays an even more critical role in the overall success
Employers Expects to Hire ‘On Demand’
According to the global Manpower Employment Outlook Survey results released by Manpower Inc., employers in most major labor markets expect to hire in the second quarter at a pace equal to, or stronger than, the same period last year. The Manpower survey shows employers in 27 of 36 countries and territories expect some positive hiring
Korn Ferry Posts Six Percent Revenue Gain
Korn/Ferry International/(NYSE:KFY) posted revenues of $152.9 million for the third quarter fiscal 2010, an increase of six percent from revenues of $144.5 million a year ago. Fee revenue increased in all regions due to a 12.5 percent increase in the overall number of engagements billed. The Los-Angeles-based recruiter reported net income of $7.9 million, or
IIC Partners Adds Constellation Executive Search of Prague
IIC Partners has added Constellation Executive Search of Prague as its newest member firm giving the organization five offices in Central and Eastern Europe. Jan Brázda is founder of Constellation, which focuses on board search, as well as the industrial, energy and financial services sectors. Mr. Brázda is a former consultant with Spencer Stuart and
Furst Group Adds Former Tribune Reporter
Healthcare-focused executive search firm Furst Group has appointed former Chicago Tribune reporter and editor, Patrick Kampert, to lead its communications and marketing department Mr. Kampert was the Tribune’s primary reporter on the Terri Schiavo feeding-tube case, breaking national news along the way. “We are delighted someone of Pat’s caliber has joined our company,” said Bob
Green Job Spider Launched
Job search engine Green Job Spider has been launched to aggregate green jobs. With more than 50 green job boards currently scattered across the web, Green Job Spider will enable job seekers to search for these jobs under one interface. The site will also help green candidates learn about the types of green jobs and
Monster Employment Index Continues to Rise
The Monster Employment Index, a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards, rose by 10 points in February, as employers resumed hiring activity after January's seasonal lull. The long-term growth rate turned positive, with the Index up two percent year-on-year, for
Recruiting Revenues Dip 33 Percent in 2009
The 2009 executive search industry summary released by the Association of Executive Search Consultants (AESC) indicates growing activity in senior management hiring during the fourth quarter of 2009. While overall industry revenues plummeted 32.5 percent in 2009 from their highest ever levels in 2008, the fourth quarter saw a 7.3 percent annual increase in searches
TRANSEARCH Opens Office in Prague
TRANSEARCH International has opened a new office in Prague, Czech Republic. Marcela Fajtova and Roman Molek become the principal consultants in the office. Ms. Fajtova has an extensive background in the logistics, pharma and medical devices industries. She also has a background in leadership development, talent evaluation, management assessment and change management. Mr. Molek has
Digby Morgan Adds to Dubai Office
Digby Morgan, a U.K. headquartered specialist HR search and selection consultancy, has added Debbie Gillie as a consultant in its Dubai office. Ms. Gillie has worked in the Middle East for the past 18 months in the property, banking and, latterly, recruitment sectors at Real HR. Prior to this she worked at recruitment specialist Hays.
Kelly Government Solutions Selected by GSA
Kelly Government Solutions, the government services division of Kelly Services, Inc., a global provider of workforce solutions, has been awarded a General Services Administration (GSA) Schedule contract to provide federal agencies with access to a broad spectrum of human resources professionals. Under terms of the five-year contract, Kelly will provide human resources professionals, including benefits
Hewitt Associates Acquires Senior Educators Ltd.
Hewitt Associates, Inc., a global human resources consulting and outsourcing company, has acquired Senior Educators Ltd., a Web-based retiree medical insurance exchange that provides unbiased assistance to Medicare recipients seeking supplemental insurance products. “The retiree health insurance market represents an attractive growth opportunity for Hewitt as more employers discontinue retiree medical coverage or look for
Diversified Search Adds Managing Director in New York
Diversified Search Odgers Berndtson has named Hugo Fueglein as managing director in its New York office. Mr. Fueglein has completed assignments for chief information officers, chief technology officers and other key leadership positions in technology for a broad scope of clients. His 21 year search career includes serving as executive vice president with DHR International
Heidrick & Struggles Expands Singapore Office
Chicago-based executive search firm Heidrick & Struggles International has announced the addition of Alice Tan to its Singapore office. Ms. Tan comes to the firm with 10 years of search experience which includes consulting assignments on management issues across Asia Pacific. At Heidrick & Struggles, she will focus on building relationships with regional clients within
Broadbean Technology Partners with Maximus
MAXIMUS, Inc. has announced an alliance with Broadbean Technology, a global provider of job advertisement distribution and candidate response tracking technology. This strategic alliance allows Broadbean Technology's current customer base — comprised of many of the world's largest staffing companies, recruitment advertising agencies, technology vendors, and recruitment process outsourcing businesses — to post job openings
51job Posts 15 Percent Revenue Rise
51job, Inc./(NASDAQ:JOBS), a provider of integrated human resource services in China, has posted second quarter revenues of RMB226.0 million (U.S. $33.1 million), an increase of 15.2 percent from revenues of RMB218.7 million for the same quarter in 2008. Online recruitment services revenues for the fourth quarter of 2009 were RMB97.3 million (U.S. $14.2 million), representing
Caldwell Partners Adds Partner in San Francisco
Executive search firm The Caldwell Partners International Inc. has added Marnie McBryde as a partner based in the firm's New York office. "With more than 25 years in the executive search industry, Marnie has formidable experience recruiting C-level executives and board directors across branded consumer products & luxury goods, media & entertainment, and consumer financial
NorthGateArinso to Acquire HR Management Division of Convergys
NorthgateArinso, a human resources software and services provider, will acquire the HR management division of Convergys. The transaction is worth approximately $85 million in cash at closing and $15 million in cash over three years. It involves NorthgateArinso acquiring the assets, including the global HR service delivery network and entire customer portfolio, of Convergys' HR
Fairfield Partners Recruits VP Sales for Varicent Software
Fairfield Partners, a Norwalk, CT-based executive search firm specializing in technology and consumer products markets, has placed David Firth as vice president of North American sales at Varicent Software. Mr. Firth was previously the group director North America strategic accounts at Cadence Design Systems, where he was responsible for a senior sales team selling semiconductor
eQuest Adds Section 508 Compliance to its Job Delivery Software
eQuest, a provider of job posting distribution and job posting management, has added support to its posting user interface to comply with Section 508, making job posting available and accessible to people with disabilities. Under the Rehabilitation Act in 1998, Congress required federal agencies to make their websites accessible to people with disabilities. eQuest is
Interview: Weathering the Downturn in Europe – A Perspective From Paris (Part 2)
Alain Tanugi has over 30 years experience in executive search. Prior to co-founding TRANSEARCH in 1982, he was the managing director of a well-known French recruiting firm that he founded in 1975. Previously, he was managing director of a Paris-based firm dealing with career counselling, outplacement & training. For the last 20 years, Mr. Tanugi
PeopleClick Authoria Releases Healthcare TalentForce
Peopleclick Authoria, a provider of talent acquisition and talent management solutions, has introduced its Healthcare TalentForce offering. “While we have always offered highly relevant and differentiated talent management solutions to hospitals and the broader market, following the combination of Peopleclick and Authoria in January, we focused immediately on identifying and selecting the most impactful pre
Constituent Survey Benchmarks Recruiters Performance
The Constituent Survey developed by Canaan Ridge, the professional development affiliate of RLBenson & Associates, is now available as a separate service to search consultants worldwide. The Constituent Survey combines advanced information-gathering techniques with a uniquely encompassing reach, allowing search professionals to gain a complete picture of how they are perceived across the full spectrum
SoftScape Expands Global Sales Operations
Softscape, a global provider of people management software, has appointed Joseph Gruttadauria as executive vice president of global sales and Thomas Vitkofsky as vice president of North America sales to further expand global sales operations. Mr. Gruttadauria brings nearly 30 years of software experience holding leadership roles in both sales and services throughout his career.
Grafton Banks Finance Names Director
U.K.-based recruiting specialists Grafton Banks Finance has named Alex Gregory as a director. Mr. Gregory was formerly with Badenoch & Clark for seven years where he set up the permanent finance division for Surrey and Sussex. “At a time when the recruitment industry is struggling, Grafton Banks Finance is going from strength to strength,” said
Harvey Nash Chosen by U.K. Government for Recruiting Services
Harvey Nash Group has been awarded a framework agreement by the U.K. Government's national procurement partner for public services, Buying Solutions, to deliver recruitment services to public sector organizations throughout the U.K. In the three year commitment, Harvey Nash will work with a wide variety of government departments and other public bodies to provide recruitment
SpenglerFox Opens Germany
Executive search firm SpenglerFox has named Jens Friedrich as country director of its new office in Frankfurt, Germany. Mr. Friedrich previously served a director at Badenoch & Clark, an international specialist recruitment company operating in the U.K., The Netherlands, Germany and Luxembourg. Prior to that, he was a country manager at Antal International. SpenglerFox is







