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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.
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles (NASDAQ:HSII) posted first quarter revenues of $171.5 million, flat from revenues during the same period a year ago surpassing the Zacks Consensus Estimate by 2.32 percent. The firm has topped consensus revenue estimates three times over the last four quarters. “We generated revenue in the upper
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. Recently, Greenwich Harbor Partners placed David Zollenberg as the new CFO for Petplan, a Warburg Pincus portfolio
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Employment surprisingly rose by 4.8 million in June as the U.S. unemployment rate fell to 11.1 percent, according to the most recent U.S. Bureau of Labor Statistics report released this morning. These improvements in the labor market reflect a limited resumption of economic activity that had been curtailed in March, April and May due to the coronavirus (COVID-19) pandemic and
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?
Following a nationwide search, C. Wayne Alderman and Alan Medders of Anniston, AL-based Higher Education Leadership Search have completed the search for the new dean of the college of business for Arkansas Tech University (ATU). K. Russell Jones will start in his new role with the university on Monday. “Dr. Jones is an experienced academician and administrator who is
Chicago-headquartered 20/20 Foresight Executive Search has expanded with the addition of Mitch Ornstein as managing director. Mr. Ornstein, who will work from the firm’s Chicago office, brings more than 15 years of executive search experience in placing senior leaders across all functions to his new role. He will serve as 20/20 Foresight’s functional expert in the CFO
In January 2020, women constituted more than 50 percent of the American workforce. Six months and 15 million jobs later, this may not be the case, according to a new report by Odgers Berndtson and co-authored by Catherine Bass Black and Lisa DeConto. “It’s been widely recognized that women in the United States are being disproportionately affected
Irvine, CA-based search firm McDermott + Bull has placed former American Montessori Society executive Timothy Purnell as the new CEO for NEXT for AUTISM. Chris Bull, managing partner and co-founder of the search firm, led the assignment. Mr. Purnell has a proven track record as an innovative leader, strategic planner and inspiring educator. He transitioned
Digital-focused executive search firm Hightech Partners (HTP) has expanded with the addition of Jean-Christophe Legrand, a senior executive in technology and digital, to help develop the firm’s international business. His appointment strengthens HTP’s strategy as a global leader in the field of digital executive-level recruitment, but also as advisor to clients on the talent aspects of digital
Turnkey Search, a subsidiary of Turnkey Sports & Entertainment, has assisted the Detroit Pistons in the recruitment of former Roc Nation executive Mike Zavodsky as its new chief business officer. The role is a new position for the professional basketball organization. Mr. Zavodsky begins work with the NBA team on Wednesday. He will report to Pistons vice chair Arn Tellem.
Top experts in talent management and leadership recruitment agree that filling an interim leadership position can be a significant opportunity for an organization. Focus Search Partners, the executive search division of talent solutions provider Vaco, recently launched an interim executive services practice to leverage the firm’s 20-year history. The firm tapped C-suite talent veteran Monica Foster to lead the
IRC Global Executive Search Partners has strengthened its global presence adding VIPJOBS LLC as a new member firm in Russia. The organization says that Russia is a market with significant talent and strong demand for leadership capabilities. “With IRC Russia, our worldwide executive search firm alliance has secured a strong foothold to support our international clients,”
Leaders may automatically default to the bottom line and focus on the financial damage that COVID-19 is causing—and for good reason. But many employees place greater emphasis and importance on the support they are receiving from leadership, according to a new report from Robinson Resource Group. “People need to know that even though their leader is
The Christopher Group has placed Michelle Jones as the new chief human resources officer (CHRO) at the American Society of Health-System Pharmacists. The search was completed by founder and CEO Tom Christopher, recruiting director Jeff Wilbanks and senior operations manager Matthew Duda. “Partnering with TCG and Jeff specifically was absolutely fantastic,” said Ms. Jones. “COVID-19 hit during the process and
Chicago-based search firm DHR International has expanded with the addition of Rob Tillman as managing partner of its global financial officer practice. He will also serve as a key leader in the firm’s private equity and advanced technology practices and will work closely with DHR’s advisory services team, Elevate Partners. Mr. Tillman has served with three of
San Diego, CA-headquartered executive search firm Bespoke Partners has assisted in the placement of Linda Buan as chief technology officer of Clearlake Capital Group-backed Provation. Ms. Buan had been serving as the company’s vice president, product development and operations. “Innovation, quality and service have long been defining characteristics of Provation’s software solutions, and our chief technology officer
As the healthcare sector continues to expand and reshape itself, vanguard organizations in the field are looking to bolster their leadership ranks. In demand: multi-skilled executives, physician leaders and nurses who can effect change on many levels. Of the four major C-suite roles in the typical hospital, the chief nursing officer has traditionally been the most
Executive recruitment firm Russell Reynolds Associates has hired Amy Scissons as its new chief marketing and communications officer. She is based in New York and also serves as a member of the firm’s operating committee. “We are delighted to have Amy join our senior leadership team,” said Clarke Murphy, CEO of Russell Reynolds Associates. “Her
As businesses reopen and COVID-19 cases spike in more than half the U.S., the Labor Department reported this morning that 1.48 million more Americans filed new claims for state unemployment benefits last week, the 14th week in a row that the figure has topped one million. Economists surveyed by Dow Jones had been expecting 1.35 million
JM Search, a senior-level talent provider serving private equity investors, portfolio companies and Fortune 1000s, has formed a dedicated cybersecurity practice to assist public and private equity-backed companies in identifying and recruiting high-performance leaders. Partners Kevin Kernan and Tom Figueroa will co-lead the firm’s center of excellence for cybersecurity leadership. The search firm brings a
Rich Perkey and Jeremy Zeman of Caldwell recently assisted CrossFirst Bankshares based in Leawood, KS in the placement of Mike Maddox as its new president and chief executive officer. His successor, George F. Jones, will continue to serve on the company’s board of directors through 2021 and will serve as vice chairman. “I am excited to welcome Mike
If there was ever a moment in recent history where human capital leaders were challenged to play a strategic part in their organization’s survival and growth, that defining moment is now. In just a few short months, the once-thriving global economy has been toppled by the pandemic. Helping organizations safely return to work sites will
The National Oceanic and Atmospheric Administration (NOAA) has retained Darren DeGioia of JDG Associates to find its new chief financial officer/ chief administrative officer for its National Environmental Satellite, Data, and Information Service (NESDIS) division. NESDIS, based in Silver Spring, MD, is charged with providing secure and timely access to global environmental data and information
Boyden has added former Goodwill CEO Jim Gibbons and accomplished psychologist Christina Greathouse as senior advisors. “Jim and Christina are tremendous additions as senior advisors to Boyden’s CEO and board services practice – they will consult to our partners and clients globally,” said Craig Stevens, a Boyden board member, U.S. chairman and managing partner. “I have had the privilege of working with both
The COVID-19 pandemic has had a big impact on every business sector, executive recruiting included, costing organizations billions of dollars in lost revenue. Goldman Sachs estimates that economic growth around the world will be zero in 2020 thanks to the virus. To many, even that seems grossly underestimated. But the coronavirus is causing far more than
Providence, RI-headquartered KLR Executive Search Group has assisted Harvard University Employees Credit Union (HUECU) in the recruitment of Craig Leonard as its new president and CEO. Gene Foley, who has been with the credit union for four decades and led it for 25 years, is retiring in July. Partner Susan Pardus led the assignment for the recruitment
AMN Healthcare, a provider of healthcare total talent services to facilities, has launched a customizable, technology-enabled and clinically based service for businesses and other organizations to protect the health and safety of employees as they return to work. As businesses welcome back employees and clients amid the coronavirus outbreak, AMN Healthcare said that it requires
Since the start of the coronavirus outbreak, the operative word has been “unprecedented.” That’s true on a human tragedy level as well as for businesses. It’s no wonder that many leaders have found themselves in the same position as their employees—uncertain, confused, anxious. A new report by Korn Ferry offered the firm’s best advice for
Haddonfield, NJ-based executive recruitment firm True Search has placed the new chief executive officer of The Bouqs Company, a leading online floral retailer. Alejandro Bethlen brings over two decades of leadership and international experience in scaling global businesses for Fortune 100 companies including Amazon and Procter & Gamble to his new role. Mr. Bethlen will
Americans displaced by the coronavirus crisis filed unemployment claims in historic numbers, with the Labor Department reporting Thursday a surge to 3.28 million, an increase of 3,001,000 from the previous week’s revised level. Consensus expectations were for 1.64 million claims. The previous record was 695,000 claims filed the week ended October 2, 1982. Initial jobless claims
Toronto-headquartered Optimum Talent has acquired Vézina Nadeau Labre (VNL), an organizational development, coaching and career transition firm. Financial terms of the deal were undisclosed. VNL has been recognized by business leaders and organizations across Quebec and Canada for its outstanding service and human approach, said Optimum Talent. “Its team has worked with clients across all industries and
AltoPartners, an international alliance of independent executive search firms and leadership consultants, has added Hofer Tan & Partners, a Singapore-based professional services firm specializing in board search, retained executive search and leadership consulting. Hofer Tan & Partners provides guidance and advice on decisions about leadership, succession, executive consulting and development. The firm is led by
The summer job market is upon us and there’s good news: Companies are stepping up their seasonal hiring. Forty-one percent of employers plan to hire workers for the summer while a vast majority (88 percent) expect to transition some summer hires into permanent roles, according to a new report by CareerBuilder. Employers said they are
Following an extensive nationwide search, Stamford, Conn-based executive search firm Management Consultants for the Arts has placed Jennifer Bielstein as the new executive director of American Conservatory Theater (ACT) in San Francisco. She succeeds Peter Pastreich who is leaving the organization at the end of the 2017-18 season. Partner David Mallette led the assignment. “On behalf of the board of
For non-profit organizations, these are challenging days. Declining support from government sources, increased demand for their services and competition for donor dollars are just a few of the issues that charitable organizations must overcome to stay afloat each year. So it is that roles like national directors and chief development officers become all the more
ENGAGE Talent, an AI software company that helps companies identify and effectively engage with passive candidates, has announced a partnership with HonorVet Technologies, a technology-driven talent search staffing firm that is working to eliminate the high underemployment rate affecting military veterans. Forty-three percent of veterans leave their first civilian job within their first year, and 80
City Executive Search has been launched in the U.K. by Mike Lee, Dale Williams and Duncan Powell. The firm provides executive search services to organizations in a range of sectors including financial services, information technology, fintech, human resources, sales and marketing. Based in London and Cardiff, the organization’s clients range from FTSE-listed firms to private
Following a record high CEO outlook in the first quarter, the results of the newly released Business Roundtable ‘CEO Economic Outlook Survey’ reveal strong CEO plans for the coming months, but a modest decline in the overall economic outlook amid increased uncertainty surrounding government policies, particularly the direction of U.S. trade policy. The Outlook Index, a
Higher education consulting and executive search firm Haley Associates has been chosen to help find the next president of Methodist University in Fayetteville, NC. The search is being led by principal Katherine Haley. The university’s previous president, Ben E. Hancock, retired last month after seven years in the role. Provost Delmas S. Crisp Jr. is
Retailers are facing major shifts in their businesses that call for “unprecedented responses” by CEOs who can effectively lead through change, intuitively and analytically understand the evolving consumer and respond to ambiguity, according to search consultants. Developed markets, excess retail capacity, rising prices, the shift to omni-channel retail and the unpredictable pace of change in
Greensboro, NC-based executive search firm Charles Aris Inc. has expanded with the addition of Peter Uber as its newest colleague. He will focus on recruiting senior-level sales and marketing leaders on behalf of clients in the food & beverage industry. Mr. Uber brings an extensive background in shaping sales and marketing programs for a variety of organizations.
JC Consulting, an executive search and consultancy company headquartered in Singapore, has opened a new office in Beijing, marking its first office overseas. The new location is made up of a team of six experienced search consultants. “Our team specializes in the luxury retail industry and we help our clients to find top-notch talents nationwide,”
CEOs should not presume that the turbulent economy dissuades top talent from pursuing their career goals. Smart leaders are proactively developing strategies to motivate and retain their top performers no matter what the economic signals are, says Nancie Whitehouse, founder of the talent acquisition consulting firm Whitehouse Advisors. “The risk of defection is significantly lower
New York-based executive recruiter Herbert Mines Associates recently placed Paula A. Price as CFO for retail giant Macy’s. She will succeed Karen Hoguet who plans to retire at the end of the 2018 fiscal year. Ms. Hoguet will remain with the company in an advisory role during a transition period until February. “I’m excited to have Paula join Macy’s Inc. at such
Executive search firm Development Resources inc. (DRi) has placed Emily Tracy as the new chief development officer of Polaris, an anti-human-trafficking organization. DRi was seeking a high-level chief development officer who could oversee innovation in all its public and private revenue streams, designing and implementing a comprehensive strategy to grow revenue and to sustainably reach a $15
Executive search firm Ventura Partners has expanded with the addition of Justin Menkes as a partner in Beverly Hills. “When we started Ventura eight years ago, we knew we wanted to be very selective when we considered whether to expand our partnership,” said Julie Ford, founder and partner of the firm. “We set the bar high for
HCCR (Human Capital Consulting & Recruiting), a Tokyo-based specialist executive search firm, has expanded with the addition of five consultants. The new hires will complement the firm’s existing team and core areas of focus, namely the automotive and associated technology markets, such as AI, machine learning, embedded systems, wireless and cloud solutions. These strategic hires
Increasing numbers of search firms and employers are using social media and Internet searches to screen candidates before hiring, according to a recent poll. While drug testing and credit checks used to be the biggest factors that could disqualify an otherwise great candidate, formal social media evaluations are now being added to the list, according
Executive search firm Noetic Search has recruited Raissa Allaire as the new executive director of the Tree House Humane Society in Chicago. Rhyan Zweifler, Noetic’s founder and president, and vice president Jane Luiso led the search. Tree House was seeking a highly experienced leader with demonstrated vision and passion for the humane and ethical treatment of animals, said Noetic
Chicago-based executive recruitment firm Carrington & Carrington has been selected by Planned Parenthood Federation of America (PPFA) to find its next chief medical officer. The CMO serves as the authority on quality and clinical care across the organization, said the search firm. The individual is charged with ensuring that Planned Parenthood’s medical standards are highly reliable
The Bedford Consulting Group has expanded with the addition of David MacPherson as the firm’s newest partner. He will lead Bedford’s global power and industrial practice from the firm’s Ontario offices. Mr. MacPherson has over 20 years of senior executive search experience, focused on identifying and placing outstanding leaders for his clients in energy and technology.
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. Cornerstone International Group, a global executive search and leadership development firm, recently added
For executive succession to work, it must be integrated seamlessly with a long-term commitment to leadership development, according to a new report from Furst Group/NuBrick Partners CEO Bob Clarke and managing partner Joe Mazzenga. The report presented this fictitious scenario: The hospital had waited too long. Barbara had been CEO for many years, but when
Greenwich Harbor Partners has placed Eric Johnson as a member of the board of directors at the New York Pops. He is the eighth director to be placed on the Pops board by the Greenwich, Conn-based search firm. The assignment was led by managing directors Carrie Pryor and Ted Pryor. Mr. Johnson is a proven enterprise
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. In recent months, a number of top schools have announced that they are looking for new, high-profile leaders
RiseSmart, a provider of contemporary career transition services – a space which more search firms are looking at entering – has announced the appointment of three executives to manage international operations and support the organization’s rapid global expansion. Kevin Gounden was named the company’s new vice president, international strategy. Jasmine Sim was brought on as strategic
Vancouver-based recruitment company Goldbeck Recruiting has launched a retained executive search division. For almost 20 years, Goldbeck has been helping companies fill mid- to senior-level positions on a contingency recruitment basis, and has accepted clients on a retained executive search upon request. “We have seen a rise in higher-level management placements over the past few
Employers added 223,000 jobs last month as the U.S. unemployment rate dropped to an 18-year low of 3.8 percent, according to the most recent U.S. Bureau of Labor Statistics report. The May gain is the 92nd consecutive month of job growth. The number of unemployed people dipped to 6.1 million. Analysts had expected the unemployment rate to drop to
Following a nationwide search, Gilman Partners has placed Catrena Bowman-Thomas as the new executive director of the Northern Kentucky Community Action Commission (NKCAC). She will take over the Covington-based non-profit on July 1. Current director Florence Tandy is retiring. The community group was seeking an executive who had past overall management responsibility of a non-profit agency, company
College and universities across the countries are facing new and growing challenges. Financial woes, enrollment concerns and debates over free speech, among other issues, are all keeping leadership at institutions of higher learning on edge these days. For some schools, survival is even on the line. Recruiting the right leaders, and choosing a search firm
FIND Executive Consulting recently opened its doors in New York City. The firm was launched by former Martens & Heads! search consultants Kate Benson, Theresa Fuchs-Santiago and Jennifer Puckett. FIND’s industry focus spans the worlds of fashion, beauty, retail, luxury and lifestyle. “We launched FIND to apply our global expertise and decades of experience and pair