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Daily Newswire
Health Advocates Network Secures Over $15.6 Million in Growth Capital
Health Advocates Network, a provider of innovative healthcare workforce solutions, has completed its oversubscribed debt and equity offerings, securing a combined total of $15,625,000 in growth capital. The offerings attracted strong demand from investors, demonstrating confidence in the company’s strategic vision, strong operational performance and growth trajectory. Proceeds will be used primarily to fuel organic
Caldwell Posts Q3 Revenue Decline
Toronto-based Caldwell posted Q2 revenues of $23.2 million (Canadian), an decrease of 5.4 percent from the same period a year ago. “We’re encouraged by our third quarter results, which reflect both resilience and momentum,” said Chris Beck, chief executive officer. “Professional fees rose 24 percent sequentially, a strong showing in line with historical seasonal patterns, and
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.
Why Succession Planning Is Critical to Reducing Leadership Risk
Most organizations have something they refer to as a succession plan — a spreadsheet, a nine-box grid updated once a year and then put away, or an annual HR review. But very few can answer the question that truly matters: if a critical leader left tomorrow, would the organization be able to keep executing? That’s
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?
Rokos Group Seeking Chief Medical Officer for Center for Elders’ Independence
Newport Beach, CA-based executive search firm Rokos Group has been selected by Center for Elders’ Independence (CEI) to lead in its search for a chief medical officer. Reporting to the president and CEO, the chief medical officer will serve as CEI’s senior physician executive and a full member of the executive leadership team. This is a strategic
ADK Consulting & Executive Search Assists the Reno-Tahoe Airport Authority with CEO Search
ADK Consulting & Executive Search recently assisted in the recruitment of Cris Jensen as the new president and CEO of the Reno-Tahoe Airport Authority (RTAA). Rod Dinger led the assignment. “It is my honor to announce the board has chosen Cris Jensen to serve as the next president and CEO, and his contract negotiations are currently underway,” said Shaun Carey, chair of
How CEOs Can Overcome Setbacks and Emerge Stronger
Executive search firms are increasingly being called upon to assess more than a candidate’s track record of growth, transformation, and financial performance. As boards search for CEOs capable of leading through persistent uncertainty, resilience has become a critical component of the leadership profile. Search consultants are placing greater emphasis on how executives have responded to
Occam Global Recruits CFO for eGenesis
New York City-based executive search firm Occam Global has placed Glenn Vraniak as CFO of eGenesis, a biotechnology company developing human-compatible engineered organs for transplantation. “eGenesis is entering a pivotal stage in our evolution as we prepare to advance our programs through clinical development and lay the foundation for future commercialization,” said Mike Curtis, CEO of eGenesis.
Maven Partnership Names Partner and Consultants
Global talent advisory firm Maven Partnership has recently promoted Tom Chambers to partner, Seb Coughlin as consultant, and George Roberts to consultant. “We are delighted to announce the well-deserved promotions of several exceptional individuals here at Maven Partnership, Will Hannaford, chief executive officer. “We’re committed to the growth and development of our people, and it’s fantastic to
The Execution Era: How Transformation Is Reshaping Private Equity
Most PE value creation plans don’t fail on strategy. They fail between the plan and the doing. With longer holds and less forgiving exit windows, delivery discipline is carrying more of the return, according to a new report from Wilton & Bain’s Jack Syred and James Royall. The report reflects patterns Wilton & Bain has
JDG Associates Retained by the Institute for Defense Analyses to Lead VP of Corporate Operations Search
Rockville, MD-based executive search firm JDG Associates has been tapped by the Institute for Defense Analyses (IDA) to lead its search for their vice president of corporate operations, based in Alexandria, VA. IDA seeks a seasoned operational and business transformation leader to modernize systems, processes, and service delivery across the organization. Serving as a corporate officer and
Modern Executive Solutions adds Partner to Lead Growth of M1 Talent Community
Atlanta-based talent consultancy Modern Executive Solutions has appointed Bria Bass as as partner, where she will lead the continued growth and expansion of the M1 Talent Community across North America and Europe. “Bria brings a rare combination of executive advisory, deep community-building experience, and an exceptional ability to connect leaders in meaningful ways,” said Mark Oppenheimer, CEO
AI Is Rewriting the Executive Hiring Playbook
Insight Partners’ latest research suggests the AI era is creating a new executive hiring playbook. Based on more than 400 executive searches and interviews with over 1,400 leadership candidates, the firm’s talent team argues that many of the characteristics defining today’s strongest product and engineering leaders would have been viewed as weaknesses only a few years
FMG Leading Acquires Market Intelligence And Strategic Advisory Firm BroadBranch Advisors
Human capital advisory firm FMG Leading has acquired market intelligence and strategic advisory firm BroadBranch Advisors. Financial terms of the deal were not disclosed. “In today’s high-pressure landscape, translating forward-looking intelligence into action faster and more effectively is critical for our clients, especially in the investor-backed healthcare space,” said Matt Brubaker, chairman and CEO of FMG Leading. “By
PARC Street Group Places Chief Operating Officer for Mission Valley Bank
PARC Street Group has assisted in the recruitment Amanda Connell as chief operating officer at Mission Valley Bank. This search was completed by PARC Street Group senior executive search consultant Michelle Davis, executive recruiter Tabassum Nagpurwala, and executive search associate Priscilla Chacon. Ms. Connell brings more than 15 years of progressive leadership experience across community
Hunt Scanlon and HSiQ Build a New Performance Model for Executive Recruiters
As the executive search industry faces growing pressure to deliver stronger and more consistent results, firms are reassessing how recruiters are trained, developed, and prepared to meet changing client demands. A few months ago, Hunt Scanlon and its HSiQ Talent Intelligence advisory unit introduced the Recruiter Performance Training Program, a practical, execution-focused system designed to
U.S. Payrolls Fall by 23,000 in July as Unemployment Rate Dips to 4.1 Percent
Employment fell by 23,000 in July as the U.S. unemployment rate stood at 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of unemployed people, at 6.9 million, changed little in July. Among the major worker groups, the unemployment rates for teenagers (12.1 percent) and people who are Hispanic (4.6 percent) declined
Parker Remick Expands with New Partner
Seattle, WA-based Parker Remick has appointed Adam Szepkouski as partner of consulting excellence. The firm explained that this hire reflects a broader push to refine execution and scale delivery as demand for senior technology leaders accelerates. The appointment comes at a time of structural change in technology leadership. AI is reshaping how technology organizations are built and
The Data Migration Paralysis Problem: Why Firms Stay on Old Platforms Too Long
Technology has become a defining competitive advantage for executive search firms, yet many organizations continue to rely on aging platforms that no longer innovate. While artificial intelligence, automation, and data-driven workflows are reshaping the industry, the hesitation to replace legacy systems often leaves firms struggling with inefficiencies that quietly accumulate over time. The greatest obstacle
Recruiterflow Offers Four-Step Playbook for Building an AI-Native Search Firm
Artificial intelligence is rapidly changing how executive search firms identify talent, manage information, engage candidates, and serve clients. But adopting an AI-powered platform alone does not make a recruiting organization AI-native. The larger challenge is integrating technology across the search lifecycle in ways that improve decision-making, strengthen execution, and allow consultants to devote more attention
Kirk Palmer Associates Recruits Chief Merchandising Officer for Belk
Retail-focused executive search firm Kirk Palmer Associates has helped to recruit Molly Taylor as chief merchandising officer at retailer Belk, where she will lead merchandising strategy and vision across all product categories. Melissa Sussberg and Alexa Liebman led the assignment. Ms. Taylor is a merchandising executive with over 30 years of experience connecting topline vision to bottom-line performance
The Forces Reshaping Executive Search
As organizations face accelerating business transformation, leadership succession, and rapid advances in artificial intelligence, the demands placed on executive search firms continue to evolve. Clients are looking for more than candidate identification—they increasingly expect strategic guidance, deeper market intelligence, and advisors capable of helping them navigate an increasingly complex leadership landscape. Those themes emerged consistently
Bryant Group Fills Senior Position for the University of Washington
Dallas-based executive search and talent development firm Bryant Group has assisted in the recruitment of Justin Michalka as vice president for university development at the University of Washington (UW). The search was led by firm president Chris Bingley. “I’m delighted to welcome Justin to the University of Washington,” said Mary Gresch, senior vice president for university advancement. “He is a
SPMB Expands Financial Officer and Private Equity Practices
SPMB Executive Search has appointed Christy Mihos as a partner in the firm’s financial officer and private equity practices. “Christy is one of the most accomplished CFO search practitioners in the market, and we are thrilled to welcome him to SPMB,” said Dave Mullarkey, managing partner at SPMB. “His track record of advising PE firms and technology companies on
Executive Talent Market Faces New Pressures as AI and Private Equity Reshape Leadership Demand
The executive talent market continues to tighten as private investment accelerates, experienced leaders retire, and organizations compete for executives capable of driving growth and transformation. At the same time, artificial intelligence is changing the capabilities companies expect from senior leaders, while consulting and private equity firms rethink how they build leadership teams and evaluate potential.
Carpenter Legal Search Recruits General Counsel for Park Corporation
Legal recruiting remains an active area for executive search firms as corporations, law firms, government agencies, and other organizations compete for experienced legal talent. Employment of lawyers is projected to grow four percent from 2024 to 2034, according to the U.S. Bureau of Labor Statistics, with approximately 31,500 openings expected each year as employers add
Signium Opens New Office in Hamburg, Germany
Executive search consortium Signium has opened a new office in Hamburg, Germany. The new office is led by Moritz Drerup, managing partner, who joined Signium with more than a decade of executive search experience and a highly focused practice in technology and AI leadership. The Hamburg office represents a natural evolution for Mr. Drerup’s established executive search practice, combining his specialist expertise with the reach,
Executive Search Strategies for Leadership Success
As organizations navigate rapid change, leadership decisions have become increasingly consequential, placing greater pressure on executive search firms to identify candidates who can deliver both immediate impact and long-term value. Success at the highest levels depends on far more than filling a vacancy—it requires a disciplined search strategy that combines market intelligence, rigorous assessment, and
Leverage AI in Your Job Search: When to Use It and When Not To
Artificial intelligence has been changing the way people search for jobs. From optimizing resumes to preparing for interviews, AI has become a valuable resource for candidates looking to streamline the process. The key is knowing how to use it effectively, according to a recent report from New York City headquartered executive search firm Solomon Page. “AI
Using a Recruiting Firm to Improve Your Hiring Process
With the ongoing talent shortage, organizations of all kinds are facing increasing challenges in finding the right talent. This puts a lot of pressure on the HR team, especially in smaller companies, who not only have to bring in the right skills but also ensure that employees are happy and willing to stay, according to
HR Departments to Face Increased Pressure
According to a new survey by global human resources company, Hewitt Associates, HR departments continue to make steady progress in their ability to support the shift toward a more global business workforce, yet for many companies questions remain on how exactly HR should be aligned from a strategic, organizational and delivery perspective. Among Hewitt's findings
Nosal Partners Places CFO at CSM Corp.
Executive leadership solutions firm Nosal Partners LLC has recruited Peter G. Michielutti as vice president and CFO for CSM Corporation. Mr. Michielutti was previously executive vice president and CFO for Whitehall Jewelers in Chicago. The search was conducted by Clare Cizek, partner, and David Nosal, chairman and CEO, at Nosal Partners. CSM Corporation owns and
Maven Partners Expands Board
U.K.-based Maven Partners has announced the appointment of Matthew Leedham to its board and as joint managing partner. Mr. Leedham has worked in the recruitment industry for 18 years with Michael Page Plc where he was a founder director and head of the executive search practice in London until he resigned earlier this year. At
SearchPath Opens New Office in Texas
SearchPath International has added Mateo Marquez in Frisco, TX to open the company’s 67th franchise. Mr. Marquez will operate as iMMpact Talent Partners, specializing in executive recruitment for the sports, sports marketing and sports media arena. In his nine years of recruiting experience he has helped build a 500 person sales force at ReachLocal, Inc.
Monster Posts 35 Percent Revenue Drop
Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $215 million for the third quarter ended September 30, 2009, compared with $332 million in the comparable quarter of 2008, a 35 percent decline. Monster Worldwide generated 42 percent of its revenue outside the U.S. and total revenue was negatively impacted by $7.4 million from unfavorable foreign exchange
ProLaurum Acquires Comella Consulting Group
Buenos Aires-based executive search firm Prolaurum has acquired Miami-headquartered Comella Consulting Group (CCG). Founded in 2002 in Miami, Comella Consulting offers executive search services for companies operating in the U.S., Latin America, Europe, the Middle East and Asia. “The acquisition of CCG is part of a strategy to position Prolaurum as the leading emerging global
McDermott & Bull Recruits CFO for Talyor Guitars
Irvine, CA-based McDermott & Bull has placed Barbara Wight as chief financial officer of Taylor Guitars. Ms. Wight gained almost 20 years of finance and operations experience at T-Systems International, Inc., where she began as a corporate controller and rose to chief operating officer and CFO. “Barbara’s success with founder-owned & operated businesses makes her
Salary.com Creates New Tool for Small Businesses
Salary.com, Inc., a provider of on-demand compensation, payroll and talent management solutions, has launched PayrollManager Express, the company's new small business payroll offering. The product features no-touch tax management and advanced payroll options, and offers small business owners an easy-to-use, lower-cost alternative to traditional payroll systems. By adding PayrollManager Express to its portfolio of HR
Interview: Donna Karnal Gives Insiders Look into Current State of Recruiting Industry
Donna S. Karnal is managing partner of Ultimate Solutions, LLC, a retained executive search firm focused on the human capital industry. With 20-plus years in search, Ms. Karnal formerly served as national director of recruiting for Korn/Ferry International. Prior to launching Ultimate Solutions, she was with another firm where she developed the 'search for search'
The Onstott Group Adds Former Gilbert Tweed Director
Executive search firm The Onstott Group has added Randy Cyr as a managing director. With over 15 years of executive search experience, Mr. Cyr has successfully completed hundreds of executive search assignments with particular focus in the technology, life sciences and industrial sectors. Prior to joining The Onstott Group, he was a managing director at
DHR Places CEO at CRS Reprocessing Services
Chicago-headquartered executive search firm DHR International has recruited Scott T. Massie as chief executive officer at CRS Reprocessing Services, LLC, a portfolio company of two private equity sponsors, Argosy Capital and Capital Solutions, Inc. Lawrence D. Poster, executive vice president at DHR, led the search. Mr. Massie most recently served as CEO at EPV Solar,
Employers Struggle to Find Talent Despite Increase in Jobseekers
Despite high unemployment levels, recruiters are still struggling to identify the right candidates for their client organizations, according to research by SHL, a provider of talent assessment solutions. Almost half (41 percent) of the recruiters questioned say that the number of applications per job has increased since the start of the recession, yet only 23
SuccessFactors Posts 30 Percent Revenue Increase
SuccessFactors, Inc./(NASDAQ:SFSF) has posted third quarter revenues of $38.7 million, an increase of 30 percent, compared to $29.7 million in the same period a year ago. The company posted a net loss of $2 million, or three cents per share, down from a loss of $20.4 million, or 37 cents per share, in the third
Heidrick & Struggles Posts 35 Percent Worldwide Decline
Chicago-based executive search firm Heidrick & Struggles International/(NASDAQ:HSII) has posted net revenue of $103.5 million for the third quarter ended September 30, 2009, a decline of 34.6 percent from $158.3 million a year ago. Net revenue declined 37.7 percent in the Americas, 36.9 percent in Europe (approximately 31 percent on a constant currency basis), and
InterQuest Group Adds Managing Directors
InterQuest Group plc, a U.K.-based specialist IT recruitment group, has expanded with the additions of Lisa Dixon and Matt Crawcour. Ms. Dixon joins as managing director of InterQuest Solutions, the firm’s newly launched managed services business. She has over 10 years experience in the recruitment industry, most recently acting as head of recruitment operations at
Continued Weakness in White Collar Job Demand
The CareerCast.com/JobSerf Employment Index, which measures U.S. managerial recruitment activity, found that the number of online job postings in October fell to 67.8, down slightly from the September value of 68.4. The October 2009 Index is down 5.6 points from a year ago. “Weak hiring in September and October, which historically are strong months for
Korn Ferry Adds Former Fannie Mae Executive
Korn/Ferry International has added Linda Madrid to the firm’s Washington, D.C., office as senior client partner in its legal center of expertise. In this role, she will focus on legal and compliance executive searches for a wide range of public and privately held companies, premier law firms and academic and nonprofit clients. Ms. Madrid previously
Ferneborg Group Completes Search for Walt Disney Company
Executive search firm The Ferneborg Group has placed Joan Mudget as vice president of international labor standards at The Walt Disney Company. Ms. Mudget previously served as vice president of supply chain at Nordstrom Product Group. The Walt Disney Company, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise
Adicio Launches Its First Careers Site in Sweden
Adicio Inc., a provider of interactive classified advertising software solutions for media companies, has launched a redesigned careers site for Computer Sweden, the first Adicio-powered site in Sweden. IDG Sweden AB is a subsidiary of International Data Group (IDG), whose online network includes more than 450 Web sites spanning business technology, consumer technology, digital entertainment
DavenportMajor Places Yahoo Exec at Good Tech
DavenportMajor Executive Search has placed Alex Broquet as chief quality officer for Good Technology. Mr. Broquet previously served as director of quality and assurance at Yahoo! DavenportMajor is an executive search firm which specializes in senior executive and board of director recruitment for life sciences and technology clients as well as recruitment in the emerging
Aviation Search Firm Marlborough Extends Services
Aviation industry executive search firm Marlborough has extended its reach into tourism, leisure & hospitality sector recruitment. The Brussels-based firm has also announced the addition of Marlborough Interim and the extension of its services to the field of management consultancy. In practice, it has been advising clients for some time on issues beyond executive search
Horton Expands in France
Horton International France has appointed Pierre Louis Santos as a new partner. Prior to joining Horton, Mr. Santos served as an officer in the French navy, after graduating as an engineer. He then served as chairman and chief executive officer both in France and Africa in various industrial groups, specialized in software, automotive equipment, utilities,
StepStone Records Slight Revenue Decline in Q3
StepStone, a London-based provider of human capital management solutions, has recorded revenues of €24.1m for the third quarter of 2009, a slight decline from revenues of €24.7m during the same quarter a year ago. The company delivered underlying adjusted EBITDA of EUR2.6m (Q2 2009: EUR2.9m) and generated cash from operations of EUR1.3m. During the quarter,
IMD International Adds Four New Member Firms
IMD International Search Group has added Australia-based Jo Fisher Executive, ESGI, Ltd. in Hong Kong and New York City, London-headquartered Piedmont, Ltd. and Advantage Partners in Cleveland and Las Vegas, as its newest member firms. These additions strengthen IMD International’s global reach by expanding presence on three continents and adding expertise in key industry verticals
Spencer Stuart to Find CEO for Zygo Corp
Executive search firm Spencer Stuart has been retained by Zygo Corporation to lead in its search for a new chief executive officer. Current CEO J. Bruce Robinson will be retiring and plans to transition from his current role into a non-director consulting position with the company. The transition is expected to occur during the second
Dice Posts 33 Percent Revenue Decrease
Dice, a career website for technology and engineering professionals, has recorded revenues of $26.7 million for the third quarter ended September 30, 2009, a decline of 33 percent from $39.6 million in the comparable quarter of 2008. The company attributed the decline to a significant decline in recruitment activity which impacted both Dice.com and eFinancialCareers.
TheLadders.com Debut New Features
TheLadders.com, an online service for the $100K+ job market, has debuted new features on its RecruitLadder enterprise recruiting solution. The new site features include redesigned search functionality, detailed candidate profile tools and a new clipboard capability to connect recruiters to its database of $100K+ job seekers. “The new RecruitLadder features are the result of extensive
Interview: 680 Partners’ Ross Freeman Discusses Advantages of Boutique Firms
As founder of 680 Partners LLC, Ross Freeman has specialized in executive search for a wide array of industries over the past decade. Mr. Freeman works in long term partnerships with many top venture capital firms, private equity and LBO funds to help build senior management teams. 680 Partners specializes in recruiting senior executives including:
Coleman Lew & Associates Adds Partner
Charlotte, NC-based Coleman Lew & Associates has named Matthew S. Turner as the firm's 11th partner with responsibility for directing and expanding its Leadership Development Resources (LDR) practice. “We are excited about Matt heading our firm's LDR practice after it posted a 32 percent gain in revenue compared to the same time period in 2008,”
G Alexander and Assoc. Places Director at Blue Grass Airport
Executive search firm G. Alexander and Associates has recruited Eric J. Frankl as executive director for Lexington, KY-based Blue Grass Airport. The Lexington-Fayette Urban County Airport board and Guy Huguelet, president of the executive search firm G. Alexander and Associates, conducted a nationwide, six-month search for its new executive director. Mr. Huguelet held interviews with
Adecco to Aquire MPS Group
Human resource solutions company Adecco has entered into a definitive agreement to acquire MPS Group, Inc., a provider of recruitment and business solutions, for $13.80 per common share in a cash transaction valued at approximately $1.3 billion. This represents a premium of 24 percent over Monday's closing stock price and a premium of 27 percent
