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Despite many businesses in America reopening, the COVID-19 pandemic continues to flood the market with displaced workers. As of this morning, nearly 42 million have filed for unemployment as another 1.9 million join the growing list just this past week. Let’s take a look inside the numbers as search experts from Berkhemer Clayton and Cognitive Talent Partners weigh in.
In these unprecedented times, people are stressed, confused, worried, perplexed and in various stages of emotional overload while the daily influx of troubling news continues.
The COVID-19 outbreak is making its way through the business world and costing organizations billions of dollars in lost revenue.
Americans displaced by the coronavirus crisis filed unemployment claims in historic numbers, with the Labor Department reporting Thursday a surge to 3.28 million.
Market uncertainty and disruption is going to create uncertainty and disruption in your workforce. This is especially true if you are in an industry that is being heavily impacted by coronavirus disease (COVID-19), like the airline industry, energy sector and hospitality market, where the impact is most volatile. Conversely, in healthcare, life sciences, private equity,
Hudson Global Inc. / (NASDAQ:HSON) posted 2019 full-year revenues of $93.8 million, a 40.2 percent from a year earlier. The firm’s Americas revenue of $13.6 million decreased two percent, Asia Pacific revenue of $61.4 million increased 77 percent, and Europe revenue of $18.8 million increased 22 percent. The Old Greenwich, Conn-based recruiting firm posted a net loss of $1 million,
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COVID-19 has now hit global employment harder than the 2008 recession. When normal life resumes, millions of people will be without jobs, and millions of jobs without people. According to new report by Armstrong Craven, one possible outcome, which the HR world must prepare for is a period of unprecedented hiring activity as businesses around the
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?
Universities continue to turn to executive search firms to find new athletic directors. Todd Turner of Collegiate Sports Associates has assisted in the placement of Karen Yoder as the director of athletics for California State University Maritime Academy (Cal Maritime). She will succeed retiring athletic director Marv Christopher to oversee the academy’s intercollegiate and intramural athletic programs (NAIA). Ms. Yoder starts
Executive recruitment and talent advisory firm Protis Global has added Cheri Ehrlich Eisen as its senior vice president of business development. In her extensive 20-plus years of talent acquisition and HR leadership experience, she has partnered with major entities in the entertainment space, including Walt Disney Television and NBC Universal. “When Cheri and I first met,
For many countries, businesses and organizations, the last few months have been about coming to terms with a monumental crisis caused by the coronavirus. “This includes addressing immediate business concerns, ensuring staff and customers receive correct communications and putting necessary safety measures in place,” said Andreas Wartenberg, managing director and chairman of Horton International, in
Macon, GA-based Myers McRae Executive Search and Consulting has been called in by the University of West Georgia to lead its search for a new provost and vice president for academic affairs. Emily Parker Myers, CEO, and Kenny Daugherty, president, are leading the assignment. Reporting directly to the university president, the provost and vice president for academic affairs is
Korn Ferry has launched Korn Ferry Recruit, a fully integrated, virtual technology solution for high-volume hiring. Nimble uses best-in-class AI, along with the proven recruitment intellectual property of Korn Ferry. The firm said that the new solution “is designed to leverage a client’s brand, shifting to a candidate-driven experience by sourcing, attracting, assessing and selecting
Over the past few weeks, Shawn Baker, president of Rochester, NY-headquartered recruiting firm Cochran, Cochran & Yale, has interviewed a variety of C-level leaders from across a broad range of industries who have all reconsidered how they approach decision-making since the start of the COVID-19 pandemic. “These leaders have all adopted a strategic, focused mindset during this pandemic,”
Chief financial officers continue to be in high demand. Finding them is keeping many of the nation’s top recruitment operations busier than ever. In recent months, search firms of all varieties have placed CFOs at various companies, especially private equity-backed outfits. Executive recruitment firm RM Nephew and Associates has placed former Attivio executive Alan Cooke as
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has added two senior advisors, A.B. Cruz III and Jamey Seely, to its advisory and coaching division. Mr. Cruz, who brings considerable multi-industry expertise to the firm, most recently served as senior vice president and divisional general counsel at USAA, a Fortune
To meet the needs of an increasingly diverse society, many organizations have developed executive positions to guide their diversity agendas. Chief diversity officers have responsibility for guiding efforts to conceptualize, define, assess, nurture and cultivate diversity. Duties may include affirmative action and equal employment opportunity, or the constituent needs of minorities, women and other social
The Insight Group, a Sydney, Australia-headquartered executive search firm, has been enlisted to find the next provost for Griffith University in Queensland. Leading the assignment are director Rohan Carr and principal Emily Witts. The provost, chief academic officer of the university, is a member of the executive group and also serves as standing deputy to
Waynesboro, VA-based executive search firm Kincannon & Reed has expanded with the addition of Jimmy Paulakuhn as managing director focusing on the talent acquisition needs of its animal agriculture clients. Based in North Carolina, Mr. Paulakuhn brings more than two decades of experience within these markets, including more than six years as director of commercial poultry operations
Americans displaced by the coronavirus crisis again filed for unemployment benefits in historic numbers within the last seven days, with the Labor Department reporting this morning another surge of 2.1 million claims. More than 40 million people have now filed for unemployment benefits over the past 10 weeks, representing the biggest jobs loss in U.S.
ChampionScott Partners, which specializes in senior-level appointments for technology and technology-enabled companies, recently assisted in the placement of Corey Bodzin as chief technology officer of deepwatch. deepwatch delivers managed security services by extending customers’ cybersecurity teams and proactively advancing their SecOps maturity. Powered by its data-driven cloud SecOps platform, deepwatch provides 24/7/365 managed security services.
Executive search firm WittKieffer has appointed James King as leader of its board services practice. In addition to his new role, Mr. King serves as a senior partner and the firm’s chief quality officer, a board member and member of its diversity council. “Today’s business landscape has been severely altered as a result of COVID-19, leaving even the
If there’s anything we’ve learned from crises since the Great Depression, it’s that companies that choose to transform and innovate are those that will continue to thrive and grow. A study by the Boston Consulting Group (BCG) showed that companies that invested significantly in innovation delivered four percent higher shareholder value when the economy recovered
Executive search and non-profit consulting firm KEES (Kistner Eddy Executive Services) has been retained by Covenant Community Care in Detroit to lead its search for a new chief executive officer. President and CEO Heather Eddy and project manager Octavia Daniels are spearheading the assignment for the search firm. This is an exciting role for a visionary leader to
AMN Healthcare, a provider of healthcare total talent services to facilities, announced today that it has appointed Bernard Godley as lead physician executive for the leadership and search solutions division. “We are thrilled to have Dr. Godley join AMN Leadership Solutions,” said Kelly Rakowski, group president and chief operating officer, strategic talent solutions for AMN
As a consequence of the COVID-19 pandemic, meetings, interviews, workshops — even general assemblies — are being managed online via conference calls or video technologies. Globally, business leaders are navigating an unprecedented crisis. Hour-by-hour, they have been changing the way their organizations operate to cope with uncertainty, risk, restrictions and lock downs, according to a
The Charleston Coliseum & Convention Center in West Virginia has retained executive recruitment firm SearchWide Global to find its next executive director. Mark Gnatovic, senior vice president at SearchWide, is leading the assignment. The executive director will be responsible for overall management, promotion and operation of the Charleston Coliseum & Convention Center and Municipal Auditorium, including strategy, service,
The Bowdoin Group, a Boston-based executive search firm, has expanded with the addition of Terri Ryan as vice president of finance. She brings a strong finance background to The Bowdoin Group and experience in building and managing companies in high growth environments with increasing levels of complexity. Ms. Ryan has over 25 years of experience
Have you hired someone without ever meeting face-to-face? With COVID-19, businesses can’t recruit the same way they once did — but that doesn’t mean they can’t find the best candidates for the job now. In fact, Comhar Partners recently concluded an executive search that was conducted completely virtually using Zoom, the video conferencing tool, and
Higher education recruitment firm AGB Search has been enlisted to find the next president for West Virginia State University (WVSU). Anthony Jenkins, who held the job for four years, recently moved on to the president’s role at Coppin State University in Baltimore. R. Charles Byers, former provost at WVSU, is serving as interim president. AGB Search
Thirteen independent recruitment firms joined member-owned recruitment network NPAworldwide during recent months. These search outfits seek to increase revenue through NPAworldwide’s cooperative placement model. NPA now has 550 member offices across six continents. “Congratulations to each of our new members,” said Dave Nerz, president of NPAworldwide. “By joining the network, these recruitment firms have the ability
Americans displaced by the coronavirus crisis again filed for unemployment benefits in historic numbers within the last seven days, with the Labor Department reporting this morning another surge of 2.4 million claims. More than 38 million people have now filed for unemployment benefits over the past nine weeks, representing the biggest loss in U.S. history.
Marc Gasperino, leader of the digital practice at ON Partners, recently placed Paul Morris as chief digital officer of Pizza Hut Digital Ventures, an in-house start-up of Pizza Hut looking to build the next generation pizza ordering and delivery platform. Mr. Morris brings extensive global expertise in digital transformation having led business strategy with a clear focus on the customer
For decades futurists have looked to 2020 as a landmark year. Now that we are here, the world of work and the definition of talent are rapidly evolving, according to the 2020 Talent Trends report by Randstad Sourceright. “Increasingly, talent is viewed as a dynamic, flexible resource in need of constant development, engagement and coaching through a
Cejka Executive Search, a specialist recruiter serving the healthcare space, recruited current Swift County Benson Health Services leader Kurt Waldbillig as the new CEO for Meeker Memorial Hospital & Clinics (MMHC) in Litchfield, MN. He succeeds Kyle Rasmussen who retired in May. Executive vice president and managing principal Mark Madden led the assignment. Mr. Waldbillig is
Executive recruitment firm RM Nephew and Associates has placed two new executives for the Madison Square Garden Co. (MSG) as MSG undergoes a major strategic and global transformation. Both searches were led by Robert Nephew, managing partner, and Denise Amari, partner and head of the financial officers practice. John Walsh was named MSG’s senior vice president
Penrhyn International, a global network of executive search firms, has elected three new members to its board of directors. Yanouk Poirier is managing partner at Leaders International in Canada and current chair of Penrhyn’s technology, media & telecoms group. “He brings his entrepreneurial expertise, multifaceted profile and talent for communication to help national and international business leaders to achieve their
Last month, the European Union’s General Data Protection Regulation (GDPR) went into effect. While certain issues are still being resolved, the law will have a tremendous impact on how companies, government agencies and, yes, executive search firms across the E.U. – including the U.K. – handle personal data. GDPR also affects U.S. recruiting firms and
Executive search firm McCormack+Kristel has been retained by the San Diego Lesbian, Gay, Bisexual and Transgender Community Center to lead its search for a chief executive officer. Delores Jacobs is stepping down from the role after 17 years. Managing partner Joseph McCormack and partner Michelle Kristel are leading the assignment. The San Diego LGBT Community Center is one
Executive recruitment firm Buffkin / Baker, is leading the search for a new dean for the University of North Carolina at Chapel Hill’s (UNC) graduate school. Spearheading the search are Martin M. Baker, managing partner, and Chelsie Whitelock, principal. The university wants someone with a distinguished record of scholarly achievement and professional credentials consistent with the
Executive recruitment firms have made a number of top leadership appointments in the past year, many focused on strategy, growth, branding efforts and operations. The latest: The RSA Group, which is based in London and focuses on the life sciences sector, has appointed executive chairman Nick Stephens as its CEO. Alex Bennett recently stepped down
Franklin, TN-headquartered executive search firm Ryan Search & Consulting recently expanded into the healthcare space with the addition of Steve Shores as a senior consultant. “With the healthcare industry in the throes of immense upheaval, it has become essential to find the right leaders who know the industry well and can guide the full range
American workers’ confidence is nearing its highest level ever and is continuing a year-long trend of positive progression, according to the national Worker Confidence Index from HRO Today Magazine and Yoh. The index gauges workers’ perceptions of the four key drivers of worker confidence. This past quarter the Worker Confidence Index (WCI) increased by 2.6 points, and has increased
Universities continue to turn to search firms to fill their top coaching vacancies. Recently, Collegiate Sports Associates (CSA) placed Tom Crean as the new men’s head basketball coach for the University of Georgia Bulldogs. He replaces Mark Fox who was fired at the end of the season after nine years with the school. The search firm was
As the healthcare industry continues its transformation, talent management remains a high priority. The shortage of physicians and other clinicians is one matter. But healthcare organizations must also fill new and expanding leadership roles to carry out strategic initiatives in response to reform efforts and whatever changes are coming. This has produced a high demand
Citing a shortage of leaders with the ability to apply a deep understanding of artificial intelligence to transform an organization’s business model, Heidrick & Struggles has launched a new specialty practice focused on AI. The unit, which will help clients identify and develop senior talent needed to bring the power of emerging technologies to their
Tokyo-based Recruit Holdings, a human resources company with far-reaching tentacles into the global recruiting sector, has completed its $1.2 billion acquisition of Glassdoor. Glassdoor, renowned for its employee reviews of businesses as well as salary information, has become “a distinct and separate part” of Recruiting Holdings’ expanding HR technology business segment. “Glassdoor has transformed how people search for
Artificial intelligence is poised to become one of the most important business disruptors of our times. But too often people look only at the potential downsides of machines simulating human intelligence and overlook the positive impact and value that AI stands to deliver, particularly when it comes to organizational culture. A new white paper report
Executive recruitment firm Egon Zehnder has elected Jill Ader as its new chair. She will take over on Nov. 1 upon the retirement of Damien O’Brien who has chaired the firm since 2010. Ms. Ader becomes the first female chair within the global top five executive search and leadership advisory firms. “Jill is exceptionally well suited to
Atlanta-based executive recruitment firm Tyler & Company has been retained by Georgia Urology to lead its search for a new president. Vice president Chris Ekrem is leading the assignment along with Hallie Banker. This is a newly created position, reporting to the CEO, in tandem with the managing director. Having experienced exponential growth over the last 40-plus years
Peter Movesian, SVP of executive search at New York City-based Partners International, has placed former Viacom executive Gwyneth Meeks as director of learning and development at Consumer Reports. “Gwynn has had a great background in assisting organizations that are transforming,” said Mr. Movesian. “She is a great collaborator and partners and will fit into the
The International Executive Search Federation (IESF), an international alliance of independent executive search firms and leadership consultants, has added Flensby & Partners International in Frederiksberg, Denmark as its newest member firm. IESF now has 80 offices located in 20 countries. Flensby & Partners is a Nordic consultancy firm within executive search and leadership assessment working
Aside from the big-branded executive recruiters, all of whom devote significant time and manpower to talent acquisition initiatives throughout the PE space, a number boutique search firms are working alongside these investment brands to provide talent up and down the functional scale. And much of the activity is taking place on American shores. Following that demand,
The most effective executive search firms do much more than simply go out and find talent. Their consultants bring deep passion, curiosity and interest to their work. What’s more, they are constantly learning about their sector, its people and the nuances of the varied roles. In a nutshell, that’s the kind of firm that Matt
Executive search firm Acertitude has recruited Jeff Richard as DexKo Global’s new chief financial officer and Derek Peabody as CFO of the company’s subsidiary, Dexter. The two finance leaders are critical hires for DexKo, which seeks to grow aggressively both organically and through acquisitions. Kevin O’Neill, founder and managing partner of Acertitude, led both searches, partnering closely
In separate assignments, Keller, TX-based executive search firm Strategic Government Resources (SGR) has been chosen to find new police chiefs for two municipalities in Pennsylvania, Newtown Township and Edinboro. Newtown Township, in Bucks County, has a population of about 20,000. The community is looking for a chief of police with exceptional leadership and management skills
London-headquartered executive search firm Ridgeway Partners has expanded with the addition of Katie Thomas as a partner. “We are delighted to welcome Katie to the Ridgeway team,” said Sue O’Brien, managing partner at Ridgeway Partners. “Every industry challenge needs effective leadership, so we see the retail and broader consumer service sectors as a growth opportunity under Katie’s direction. With her relationships merging with our
Artificial intelligence is quickly emerging as a game-changer for recruiting – enabling organizations to more readily identify and hire candidates. It is enabling search firms to find and evaluate talent with greater accuracy and speed. New recruitment technology can sift through tremendous amounts of data to identify top prospects exponentially faster than any individual, or
Executive search firm Lochlin Partners has placed Naomi Camper as chief policy officer for the American Bankers Association (ABA) in Washington, D.C. She started her new position on Monday. Lochlin’s managing partners Patrick Friel and Liza Wright led the assignment. “I am thrilled that Naomi has agreed to join ABA at this important moment for the
New Zealand-headquartered executive recruiting firm Sheffield Search has been selected by power transmission company NETcon to lead its search for a new chief executive officer. The assignment is being led by Nick Gee, manager of Sheffield’s South Island operation. “This role offers both challenge and great opportunity with the chance to shape an organization as
Nashville, TN-based the Human Capital Group has expanded with the addition of healthcare veteran Paul Cleckner as managing director. Mr. Cleckner brings more than 25 years of senior operating and leadership experience in healthcare and technology. Most recently, he served as chief operating officer of Saint Thomas Health and prior to that was VP of operations
Rocky River, OH-headquartered executive search firm Global Healthcare Services (GHS) recently detected a disturbing trend within the sector it serves: Hospitals were struggling with employee retention, from staff to leadership roles, with the C-suite’s annual turnover as high as 20 percent in recent years. GHS saw an opportunity to implement a recruitment platform called IRIS
With the accelerated pace of change and constant potential for disruption, the costs of getting important leadership decisions wrong – whether for selecting senior leaders, leadership development or succession planning – have never been higher. Despite these risks, many organizations underestimate the importance of a robust assessment process, according to a new report issued by Spencer
Grace Blue has placed Vann Graves as the new executive director of the Virginia Commonwealth University (VCU) Brandcenter. He takes over the role from Helayne Spivak, who left the school in May. “Along with my colleagues, I am delighted that Vann Graves is coming to VCU Brandcenter as its new executive director,” said Michael Rao,
CropLife America (CLA), the leading association for the U.S. crop protection industry, has chosen former National Pork Board executive Chris Novak as its CEO. Russell Reynolds Associates assisted on the assignment. Mr. Novak will start his new role on Aug. 20. “I’m pleased to announce that Chris Novak has been selected by our board’s search committee