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Employers must go further than merely encouraging their employees to achieve work-life balance, says Joseph E. Fournier of InveniasPartners. Putting people first and taking care of them is the new normal. It is one of the biggest transformational culture shifts we have seen in years. Let’s go deeper.
Across the board, in every industry, today’s candidate-driven market is fueled by growing demand for top talent against a landscape of short supply.
These are better days for jobs in America. Hiring is up. And the unemployment rate remains at a stellar 4.1 percent.
Across many parts of the globe, 2018 has started with a job market as robust as any in recent years.
Employers added 128,000 jobs last month as the U.S. unemployment rate was little changed at 3.6 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase was above the 95,000 forecast by economists. The September gain is the 109th consecutive month of job growth. The number of unemployed currently stands at 5.9 million. The key
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. Recently, TillmanPartners placed Peter Faubert as the new CFO for Evolv Technology. Backed by an impressive group of investors
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Lausanne, Switzerland-based Borrer Executive Search has helped place Peggy Le Roux as chief finance and administrative officer as well as Delia Fischer as chief communications officer at IMD Business School. Ms. Le Roux joins the Lausanne- and Singapore-based business school from watch manufacturer Jaeger-Coultre, where she served as CFO for eight years. Before that, she was head of controlling for 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?
Kennedy Executive Search, a network of independent executive search firms, has added Adrian & Roth Personalberatung as its newest member firm. With the new partner office in Munich, Kennedy Executive gains an even stronger presence in Germany and the German-speaking markets. Adrian & Roth (A&R) was founded in 2002. The firm has more than 20
A judge in California has just issued an injunction against streaming powerhouse Netflix, prohibiting it from attempting to hire Fox TV and film executives who are under contract. The ruling yesterday afternoon in LA Superior Court hands a win to Twentieth Century Fox Film Corp and Fox 21, the studios that sued Netflix three years
Executive search firms have been stepping up their efforts to assist companies across the nation to find top talent leaders, including chief people officers. The latest: WittKieffer has been retained by the Dana-Farber Cancer Institute to lead its search for a new chief people officer. Kim Smith, Tom Quinn and Kerry Quealy are leading the assignment. “This is
Universities continue to turn to executive search firms to find new athletic directors, coaches and senior level front office staff. The latest: Atlanta-based Parker Executive Search recently placed Eliah Drinkwitz as the head football coach at the University of Missouri. Mr. Drinkwitz is coming off an impressive 2019 season at Appalachian State, where he led the
Baltimore, MD-headquartered Stanton Chase has continued its recent expansion with the addition of veteran HR executive Bill Brewer as the firm’s human resources practice leader in North America and a director in its Los Angeles office. As the regional HR specialization leader, Mr. Brewer consults with boards and CEOs on assessing and acquiring best-in-class human resources officers. He leads
The RSA Group, which is based in London and focuses on the life sciences sector, has named Kristian Jürgensen as chief commercial officer, effective immediately. In his new role, Mr. Jürgensen is charged with ensuring that all functions of the organization are aligned to meet strategic commercial objectives and will continue to drive business growth. “I
A search firm and client can spend 15 minutes or 15 hours drafting a position specification, but it can emerge as a useless document either way. According to William Lepiesza of The Alexander Group, a well-crafted specification, or “spec” for short, is the foundation upon which a successful search is built. “Without the right approach
Following a record-breaking year of recruiting top HR leadership into some of the best well-known brands across industry, Chicago-based Hanold Associates has been chosen to lead Uber’s search for a head of talent acquisition in its Advance Technology Groups unit. Ashley Schiele and Mayank Parikh are spearheading the assignment. The position is based in Pittsburgh, PA. The head of talent acquisition
Philadelphia-based Diversified Search placed Deborah Weymouth as president and CEO of the Eastern Connecticut Health Network (ECHN). The assignment was conducted by James A. Langston, managing director and financial officers practice leader, and managing director Ken Hirshman. “I am pleased to welcome Deborah to ECHN and I am confident that she will be an outstanding addition to ECHN’s
Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, is seeking a new president and chief executive officer for the League of American Orchestras. “The CEO will further the fulfillment of the mission of the League of American Orchestras: to advance the experience of orchestral music, support the
Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of John Spitzler as managing director. He will head both 20/20 Foresight Executive Search and 20/20 Foresight Executive Marketing operations throughout California from his home base in San Francisco. “20/20 Foresight offers our career consultants a unique atmosphere in which to grow their business,” said Bob Cavoto, managing principal and founder
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020 though regional and industry forecasts are mixed, according to the latest “Employment Outlook Survey,” released today by ManpowerGroup. Employers in all U.S. regions and industry sectors said they were expecting headcount to grow. This is the eighth consecutive year of
Glenn Sugiyama, managing partner and global sports practice leader at DHR International, has placed Mike Norvell as the new head football coach for Florida State University. Willie Taggart was fired in early November after going 9-12 during his tenure with the team. “It was an honor to be entrusted with the search for the new leader of one
Executive recruitment firm Spelman Johnson has been chosen to find a chief safety officer for the University Of Utah in Salt Lake City. The university created the role in the wake of the murder of student-athlete Lauren McCluskey in October 2018. An independent review subsequently found that university police failed to respond properly to Ms.
ZRG Partners, one of the fastest growing executive search firms, has expanded with the addition of Michael Castine to its financial services practice. He will be based in New York City. Mr. Castine brings 30 years of executive search experience to the firm. Previously, he was a partner with Ridgeway Partners for the past six years. He
U.K.-based executive search firm HW Global Talent Partner has named Rob Pettican as its new finance director at a time in which the firm is targeting rapid growth both organically and through strategic acquisitions. In a new position created to support the planned expansion of the group, he will be accountable for the firm’s finances.
Recent research has revealed a paradox at the heart of current debates around upskilling. On the one hand, the vast majority of U.S. workers believe it’s imperative to train for and develop new skills in order to keep up with changes in the workplace. On the other, that same contingent of workers also say that neither
Macon, GA-based Myers McRae Executive Search and Consulting has placed Suzanne Blum Malley as the new provost for Methodist University. She will assume her new position on Jan. 15. Emily Parker Myers, CEO, and Jennifer Barfield, senior vice president, led the assignment. “Dr. Blum Malley brings to us a strong track record of academic and scholarly success,
Insight Executive Search Seeks Strategic Learning and Evaluation Officer for Walton Family Foundation
Insight Executive Search, which finds top talent for non-profit, research and commercial organizations, has been chosen to find a strategic learning and evaluation officer for the Walton Family Foundation. Vice president Ari Ayares is leading the assignment for the Washington, D.C.-based recruitment firm. The new strategic learning and evaluation officer will be charged with working
CHROs have become critical stakeholders in defining the strategy of a company, and they are expected to tackle the HR challenges and evolving expectations of a dynamic workplace environment that will consist of constant change, calculated risk taking and evolving expectations from top stakeholders. Those well-equipped to achieve the greatest success will have diverse skill-sets,
Board service can be one of the most rewarding career experiences: It’s the opportunity to see firsthand how another company operates at the highest levels and to work with – and learn from – accomplished, articulate and intelligent people. It’s why many leaders decide to start down the path to the boardroom. It’s also why
Korn Ferry (NYSE:KFY) has posted fiscal second quarter revenues of $492.4 million, down one percent (up one percent at constant currency) from last year. The Los Angeles-headquartered executive recruiter and leadership consultant – the largest globally and in the Americas as ranked by Hunt Scanlon Media – recorded net income was $42.8 million, compared to a loss of $46 million in the second quarter of last
Employers added 266,000 jobs last month as the U.S. unemployment rate dropped slightly to 3.5 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase was above the 180,000 forecast by economists. The November gain is the 110th consecutive month of job growth. The number of unemployed currently stands at 5.89 million. “We still see
The Bowdoin Group, a Boston-based executive search firm, has placed John Halamka as the new president of Mayo Clinic Platform, which is committed to elevating Mayo Clinic to a global leadership position within digital healthcare. He will start in his new role on Jan. 1. “Dr. Halamka has a proven track record of success in innovation
Executive recruitment firm Ventura Partners has helped to bring Greg Schiano back to Rutgers University for a second stint as head football coach. Mr. Schiano led the Scarlet Knights to six bowl appearances during his previous tenure, from 2001 to 2011. Partner Chad Chatlos led the assignment for the search firm. Mr. Schiano left Rutgers in 2012
With the new academic year underway, a number of colleges and universities across the country are opening searches that, if all goes to plan, will provide high-profile leaders to take them into a new era of fundraising, digitalization, sports and, increasingly the case, globalization. R. William Funk & Associates, which specializes in recruitment for roles
Parker Executive Search is looking to place the new president of the University of Central Florida (UCF) by mid-year. The Atlanta-based recruitment firm was enlisted last year to find the replacement for the school’s longtime president John Hitt, who announced his retirement in October. Perhaps Parker’s biggest challenge is finding someone who can fill the
Executive search firm Coulter Partners has placed Sally Ann Forsyth as the new CEO of Stevenage Bioscience Catalyst (SBC). She assumes her new role in March. Dr. Forsyth, who is known for her scientific and financial expertise and as an open innovation practitioner, will lead SBC through its next phase of expansion. “Everyone talks about board and sector
Witt/Kieffer has launched an emerging physician leaders search practice, which expands the reach and capabilities of the firm’s physician integration & leadership business. Consultant Carl Fitch is leading the practice, which will help clients in healthcare and academic medicine identify potential physician administrators and executives at all levels of their organizations. “Today’s healthcare landscape requires
U.K.-based executive recruiting franchise CNA International has opened a new office in Hamburg, Germany. Marko Könönen will lead the new location serving as senior partner at CNA International Hamburg Germany. With its presence in Hamburg, CNA further enhances its professional executive search capability, resources and services to meet the growing business interests of companies and financial institutions in Germany,
Big data is rewriting the script for how companies around the world do business. The market for big data and business analytics is expected to grow to $203 billion in the next three years. For human resources, the implications include better and more efficient talent management processes, greater insight into whether a candidate will be
West Virginia University at Parkersburg has retained RH Perry & Associates to lead its search for a new president, following the resignation of Fletcher Lamkin. Senior consultants Jesse Thompson and John Hutchinson are conducting the search. “I would like to thank the board for putting their trust in us … to find a president that
Washington, D.C.-based executive search firm Nonprofit HR Associates has placed Evon Smith as president and CEO of Louisville, KY-based OneWest, a community development group. This concluded a six-month national search. “We were impressed with Evon’s proven success in developing collaborative partnerships and leveraging resources with non-profit organizations, government entities, businesses, investors, and community stakeholders –
Caldwell Partners International has posted first quarter revenues of $14.9 million (Canadian), up 9.8 percent from $13.6 million last year. “The Caldwell Partners team delivered a strong performance in the first quarter,” said John Wallace, chief executive officer. “The overall economic outlook remains healthy, as we continue to experience solid search demand, notwithstanding our unbalanced performance
Heidrick & Struggles has named Stephen McAlinden regional leader for Asia Pacific. He succeeds Steve Mullinjer, who will continue to pursue client work for the CEO & board practice globally. In his new role, Mr. McAlinden will lead 14 offices across Asia Pacific while continuing his client work as a partner focusing on corporate and investment banking. “Under Steve’s stewardship over the past
The hiring outlook for 2018 is the best the U.S. has seen in over a decade with 44 percent of employers planning to hire full-time, permanent employees in the new year and half (51 percent) expecting to hire temporary employees, according to CareerBuilder’s annual job forecast. The most pressing question, however, remains: How quickly can they fill
Universities have long depended on executive search firms to help with their leadership needs, but these days the higher education sector is broadening its efforts to find more specialized leaders. As a result, search firms have expanded their niche offerings in the sector, identifying athletic directors, coaches and any number of other top posts. The
The National Livestock Producers Association (NLPA), the national association of livestock marketing cooperatives and their captive livestock credit corporations, is looking for its next chief executive officer. The organization has enlisted Denver area-based MJM Global Search to find its new leader. Scott Stuart, longtime head of the NLPA, recently left the organization to take on the
The Lancer Group, a La Jolla, CA-headquartered executive search firm, has opened a new office in Dallas and named Kevin Anderson as partner. The firm now has six offices in the U.S. and internationally. Mr. Anderson brings to Lancer Group over 20 years of experience in executive search across the IT services, software, industrial technology,
The wave of mergers and partnerships in the executive search industry is continuing in the New Year. Recently, Waterbury Partners, Argenta Talent Acquisition and Global Performance Search (GPS) officially merged. The newly formed entity, which is called GPS, will have vertical expertise in professional services, data analytics, life sciences, supply chain technologies, logistics and medical
As more cities and states enact legislation to restrict employers, and their search agents, from asking candidates about their pay history, questions remain about the effectiveness of such laws, according to a new study by the recruitment firm NGS Global. The report, “Challenges of Gathering Compensation Data on Candidates,” spearheaded by managing partners David Nosal
Los Angeles-based Shelli Herman and Associates has recruited Kate Motonaga as the new CFO of the Museum of Contemporary Art (MOCA). Shelli Herman, president of the recruitment firm, led the search along with her associate, Krista Haley. MOCA was seeking an experienced, results-oriented CFO for the strategic financial health, operational management and administration of the museum. Ms. Motonaga
Demand for executive level, “high impact” investing talent has been on the rise, and in the years ahead it is expected to soar. Recruiters say the need for chief investment officers across the asset allocator spectrum, including endowments and foundations, and corporate, public and state plans, have significantly increased in number over the last five years as
Executive search firm RSR Partners has established an alliance with OnPoint Consulting, an organizational and leadership development consulting firm, to deliver leadership assessment capabilities to their clients. The partnership creates an integrated but independent platform, separating search and assessment to ensure clients are provided with objective and unbiased advice, said the search firm. In addition, OnPoint Consulting’s
IIC Partners Executive Search Worldwide has named Paul Dinte as the new leader of its aviation, aerospace & defense practice. Mr. Dinte is founder, chairman and CEO of Dinte Executive Search and has over 20 years of experience in executive search, specializing in the defense and technology sectors. Mr. Dinte previously served as global chair for IIC
The percentage of women in most C-suite positions is dramatically lower than their male counterparts, according to a new report by Korn Ferry. The study, drawn from an analysis of the top 1,000 U.S. companies by revenue, examined the percentage of women by title and industry and provides an update to a similar report the
The Regional Trade and Economic Development Alliance has selected Greensboro, NC-based Jorgenson Consulting to assist in its search for a new president and CEO. Todd Jorgenson, the search firm’s managing director and principal, is leading the assignment. The Regional Trade and Economic Development Alliance is the working name for a new regional organization created to enhance trade and
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 one recent example, Sarasota, FL-based executive recruiter Brooke Chase Associates helped place Eric Skorge as CFO with Fabuwood Cabinetry in Jersey City, NJ. Mr. Skorge is known as an experienced leader
Heidrick & Struggles Restructures to Lower Costs, Improve Efficiencies; Chief Administrative Officer Leaves Post
A restructuring plan is underway at Heidrick & Struggles to reduce overall costs and improve efficiencies in its operations over the next several months. The expected annual cost savings from the restructuring is expected to range from $11 million to $13 million. According to sources, the restructuring will include Heidrick cutting its workforce of 1,600 employees
An array of new recruiting firms have been started around the world in recent months. The latest: Hotelivate, a hospitality consulting firm, has been launched in India by Manav Thadani and Megha Tuli. The new operation comes as a result of Mr. Thadani, who served as HVS APAC chairman, ending his joint venture arrangement with HVS.
To remain relevant to their clients, executive recruiters – now more than ever – must be willing to adapt. In the new global context, “leadership as usual” is well on its way out, and recruiters must stop relying on an increasingly out-of-date search and selection approach, which is simply no longer enough. By way of
After an extensive search, CarterBaldwin Executive Search has placed Kay Coles James as the first African-American president of the Heritage Foundation, a renowned conservative think tank. She becomes the sixth president in the group’s 44-year history. The assignment was conducted by CarterBaldwin founding partner Price Harding and associate partner Andrea McDaniel Smith. Ms. James’ ascension follows
ZRG Partners, the fastest growing search firm in the U.S., has expanded with the addition of Smooch R. Reynolds as managing director. Ms. Reynolds’ career spans more than 25 years in executive search, specifically focused in the global investor relations officer and chief communications officer functional areas. She moves to ZRG from DHR International, where she
Executive search firm Lucas Group has been retained to lead the chief people officer search for the new joint venture formed by affiliates of KSL Capital Partners and Henry Crown and Company. Kyle Lehman, managing partner, human resources executive search, is spearheading the assignment. The enterprise is a lifestyle and outdoors company with designs on shaping the
Executive search firm Odgers Berndtson has continued its recent expansion with the addition of four experienced and well-established executive search professionals to the firm: Richard Kim, Diane Lavietes, Margaret Plympton, and Richard Modecki. Mr. Kim has joined as a partner in the firm’s Houston office where he will work Jim Thompson and Gary Payne serving the firm’s
Few executives would deny the powerful role that mentorship plays in providing opportunities for personal and professional development. Indeed, most have experienced these benefits firsthand. Yet when it comes to understanding how mentoring operates – let alone how it could be harnessed to support, develop, and retain talented people – most of those same executives
Executive search firm Kingsley Gate Partners has announced its new Synchronous Fit framework that leverages scientific cloud-based tools combined with insights from search consultants to provide the best fit between executives and companies. “Department of Labor statistics show that companies could waste more than 30 percent of an executive’s first year total compensation in making a bad