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Daily Newswire
Global Employers Take Cautious Approach to Q4 Hiring
Global employers are continuing a careful approach to hiring in the fourth quarter, with 45 percent planning to maintain current workforce levels—the highest since early 2022—as organizations balance capturing growth opportunities with mitigating economic uncertainty. This measured shift sees 38 percent of employers planning to add staff while 15 percent expect reductions, resulting in a
The Critical State of Healthcare Staffing Shortages
Healthcare organizations face an unprecedented staffing crisis that directly impacts patient care and operational sustainability, according to a recent report from Denver, CO-based TriSearch. Shortages are projected to reach 124,000 physicians by 2033, and the industry must hire 200,000 nurses annually just to meet baseline needs. The nursing deficit alone could hit 450,000 registered nurses by
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.
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
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?
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
Taurean Establishes Investment Search Practice
Taurean recently launched an investment search practice with the addition of Paige Ware as principal in Los Angeles. The practice serves private markets firms across asset classes. “We help these firms shape and build their capital raising and investor relations, origination, and deal teams, and place corporate development leaders into their portfolio companies,” Taurean said in a
The Chief Commercial Officer: Driving Private Equity Value Creation
As private equity firms place greater emphasis on organic growth, commercial leadership is taking on a more central role in value creation. The chief commercial officer (CCO) has become one of the most important post-acquisition hires for private equity sponsors, according to a recent report from Spencer Stuart’s Dave Vidor. As extended hold periods and
The Tolan Group Recruits CEO for U.S. Mobile Health Exams
The Tolan Group (TTG) has placed Eric Hepburn as CEO at U.S. Mobile Health Exams (USMHE) in Jacksonville, FL. He brings more than 30 years of experience in executive leadership, business operations, strategic growth, and organizational transformation. Mr. Hepburn’s appointment brings USMHE an experienced executive with a track record of strengthening business operations, developing scalable
Cooper Coleman Leading CFO Search for Jacksonville Zoological Society
Cooper Coleman LLC has been retained by Jacksonville Zoological Society, Inc. to conduct a national search for its next CFO. “Jacksonville Zoo and Botanical Gardens has an ambitious vision for its future, and its next CFO will help shape how those plans move forward,” said Johnny Cooper, founder and CEO of Cooper Coleman. “We’re looking for someone
The Christopher Group Tapped by MITRE for Head of Total Rewards Search
The Christopher Group (TCG), a boutique HR executive search and business solutions recruiting firm, has been selected by MITRE to lead in its search for a head of total rewards. The search is being led by managing partner Ayla Maloney and recruiting director Kat Kilkenney. “This is an incredibly exciting opportunity for a total rewards leader who wants to make
Winning Through M&A: The Remarkable Habits Of Successful Dealmakers
Nearly 15 years ago, McKinsey & Company set out to answer a critically important management issue: What type of M&A strategy creates the most value for large companies. The answer that came back was clear: Companies that practice programmatic M&A are likely to outperform competitors. In 2019, McKinsey took another look. It’s research reflected the growing importance
Korn Ferry to Find CFO for Mylan
Korn/Ferry International has been selected by Mylan Inc. to lead in its search for a new chief financial officer. Former CFO Jolene Varney has recently left the company. Mylan ranks among the leading generic and specialty pharmaceutical companies in the world and provides products to customers in more than 140 countries and territories. Korn/Ferry International,
Sheffield Haworth Adds Consultants
London-based executive search firm Sheffield Haworth has added Damian Goodburn as global head of commodities and Linda Klemme as head of emerging markets. Mr. Goodburn joins the firm from The Options Group, where he was a partner. In his new role, he will cover the full spectrum of commodities, with particular focus on energy and
Hudson Highland Records 37 Percent Revenue Decline
Hudson Highland Group, Inc./(NASDAQ:HHGP) has posted third quarter 2009 revenues of $169.6 million, a decrease of 37 percent from $269.2 million a year ago. The company posted a net loss of $6.9 million, or $0.26 per basic and diluted share, compared with net income of $0.3 million, or $0.01 per basic and diluted share, for
Job Cuts Continue to Fall in October
The number of planned job cuts announced by U.S. employers declined for the third consecutive month in October, falling 16 percent to 55,679 from 66,404 in September, according to the latest job-cut report by outplacement consultancy Challenger, Gray & Christmas, Inc. The October job-cut total was the lowest since March 2008, when employers announced plans
Interview: JIRB Group Founder Discusses Financial Services and Insurance Sector Recruiting
David James Beed is the founder of West Hartford, CT-based executive search firm JIRB Group, LLC. Mr. Beed has specialized in insurance and financial services for more than 30 years and is trusted and valued by the industry's top executives. Holding positions that include president, chief operations officer, chief marketing officer, head of distribution and
Sellick Partnership Opens New Practice in Leeds
Finance-focused recruitment specialist Sellick Partnership has opened a new private practice division in the firm’s Leeds office. Amy Bullock will serve as legal manager of the division, which will supply solicitors and barristers to private organizations across Yorkshire, Lincolnshire and the North East UK on a locum and permanent basis across a broad range of
Heidrick & Struggles Taps Director for MPIPHP
Chicago-based executive search firm Heidrick & Struggles International has placed David B. Wescoe as executive administrative director of the Motion Picture Industry Pension and Health Plans (MPIPHP). Mr. Wescoe currently serves the San Diego City Employees' Retirement System’s (SDCERS) administrator and chief executive officer. SDCERS is a trust fund administered by the Board of Administration
Recruiters Forecasting Increased Hiring Activity
With improving corporate profits underscoring signs of increased economic growth, recruiters are forecasting an increase in hiring activity at the executive-level, according to the results of ExecuNet's Recruiter Confidence Index (RCI). According to October's survey of 172 executive recruiters, 56 percent are “confident” or “very confident” the executive employment market will improve during the next
Spencer Stuart to Find Next Willis Group CFO
Executive search firm Spencer Stuart has been selected by Willis Group Holdings to find its next chief financial officer. Current CFO and group chief operating officer Patrick C. Regan is leaving the company in early 2010 but will remain in his role until the end of the year to assist with the search and ensure
Weathering Financial Storm Big Challenge Among Global Leaders
Nearly 100 percent of global business leaders say the greatest challenge has been for their organizations to weather the current financial storm, according to Signium International’s 2009 survey targeting CEOs to determine today’s key obstacles. More than half recognize a key challenge in transforming their organization for sustainable growth in the future. Additionally, Signium queried
WorkStream Announces Management Changes
Workstream Inc., a provider of on-demand compensation, performance and talent management software, has announced that co-founder and executive chairman Michael Mullarkey has assumed the duties of president and chief executive officer, effective immediately, replacing Steve Purello. Mr. Mullarkey joined Workstream in 2001 as CEO through December 2006. During this period, the company developed a product
Russell Reynolds Associates Offers New Assessment Product
Recruiting firm Russell Reynolds Associates has released Culture Analyst, a proprietary offering designed by psychologists and assessment specialists, that measures corporate culture by more than two dozen variables, providing companies with objective, quantitative information to make informed leadership decisions. Culture Analyst is a produces a quantitative, multi-dimensional measurement of an organization's culture — the preferences
Diversified Search Taps Head of Biology for Drexel
Diversified Search Odgers Berndtson has placed Jeffery L. Twiss as head of the department of biology at Drexel University. Dr. Twiss was previously with Alfred I. duPont Hospital for Children in Wilmington, where he was principal research scientist for Nemours Biomedical Research and director of both the Center for Translational Neurobiology and the Histotechnology &
Online Job Demand Down in October
Online advertised vacancies declined by 83,200 to 3,280,000 in October, according to The Conference Board Help-Wanted OnLine Data Series (HWOL). Online labor demand has been relatively flat since the low point in April 2009, increasing a modest 117,000, or slightly less than 20,000 per month. The October decline reflected dips in labor demand across much
Phillips Oppenheim Hires Search Consultant
New York City-headquartered Phillips Oppenheim has recently added Susan Gluck to its team. Ms. Gluck has worked in both the corporate and nonprofit sectors. Before joining Phillips Oppenheim as a search consultant, she co-founded Sage Baby, an internet retailer of environmentally-friendly baby products. Prior to this, Susan was a senior executive at IBM, where she
Spherion Q3 Revenues FAll 23 Percent
Recruiting company Spherion Corporation/(NYSE:SFN) has posted third quarter 2009 revenues of $420 million, a 22.5 percent decline from revenues of $542 million during the same period last year. The Fort Lauderdale-based company posted a net loss of $53,000, or zero a share, for the quarter, down from a profit of $4.1 million, or eight cents
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
