DAILY NEWSWIRE - TOP STORIES
Companies are increasingly making the care of their people a top priority. At the dawn of a new decade, the chief well-being officer is pulling up a seat at the C-suite table, says Joseph Fournier of InveniasPartners. The role is instilling resilience and total well-being into organizations and their employees.
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.
It’s an all-out war for talent these days, according to recruiters and talent leaders, and that’s making demand for executive search firms stronger than ever.
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020.
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
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Toronto-headquartered Optimum Talent has expanded with the additions of Mark Shayna as vice president and market leader of executive search in Manitoba and Debbi Ragogna as vice president of executive search in Toronto. Mr. Shayna has had a 30-year career in sales and recruitment. After 12 years working with Xerox Corp., Baxter Corp. and Pharmacia, he made
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?
Dubai-headquartered executive search firm Pedersen & Partners named Alvaro Arias Echeverria as global head of the firm’s private equity practice group. Mr. Arias Echeverria has been in charge of Iberia and Latin America at Pedersen & Partners for almost a decade and has co-headed the global private equity practice for over two years. With more than 15
After vetting several national search firms, American University in Bulgaria (AUBG) has retained the services of Boston-based recruitment firm Lindauer to find its next president. Past president Steven Sullivan announced that he will be returning to his full-time teaching position at the school. Recruiters Jill Lasman and senior consultant Gretchen Dwyer are leading the search for his replacement. David
London-based executive search firm Wilton & Bain has recruited Peter Rampling as chief commercial officer and Dale Kirkwood as chief technology officer of Community Fibre, a gigabit broadband U.K. internet service provider with a vision to deliver full fiber coverage to 500,000 homes in London. Jay Siddiki and Daniel Harrison, both principals within the global telecoms, media and technology functions at Wilton & Bain, led
Solomon Page has expanded with the addition of Luigi Frezza as managing director and global practice lead for life sciences. Reporting to president and global practice leader Marc Gouran, he will be based in the firm’s London office and drive the growth of the life sciences team globally by partnering with companies in the pharmaceutical, biotech,
Executive recruitment firm Russell Reynolds Associates has added Zack Deming as a consultant in the firm’s industrial practice and Americas practice leader for transportation and logistics. Based in Atlanta, he will be expected to work closely with transportation, logistics, airports and aviation-related companies, as well as private equity and infrastructure funds that invest in this space, to advise them
Brentwood, TN-headquartered recruiting firm Vaco continues to expand, recently opening a new office in West Palm Beach, FL and adding two key leaders: Matt Walter becomes co-managing partner of the technology practice and Albert Llodra joins the firm as managing director. South Florida is a key growth market for Vaco, serving more than 7,000 clients and some
The old paradigms of the global economy have experienced a tectonic shift over the past few years, and perhaps the most significant of them is this point of view: Emerging economies grow at high rates and developed economies grow more slowly or are in decline. “This dictum has been turned on its head recently – nowhere
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits are handling multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Just recently, both Ohio State and Emory University chose Isaacson, Miller to lead their respective president searches as
The Christopher Group (TCG) has placed Jennifer Lentine as the new head of total rewards at Nu Skin Enterprises. The search was completed in just 45 days by recruiters Nathaniel Schiffer, Kristen Pace and Amy Bott. “I am thrilled to have once again partnered with The Christopher Group to find extraordinary talent to join my team,” said Jeff Bettinger, CHRO at Nu Skin.
Charlotte, NC-based executive search firm HARTZ Search has appointed Carol Maxwell as managing director and leader of its Dallas office. The firm said that it expects her to be an invaluable asset. “We are excited to announce the addition of Carol Maxwell to our leadership team at HARTZ Search,” said Mike Hartz, president and CEO
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted in the placement of Jonathan Holloway as the first black president of Rutgers University. He was selected from a pool of more than 300 applicants. R. William Funk, president of the Dallas-based recruitment firm, led the search. Robert L. Barchi
Chicago-based Hanold Associates has expanded with the addition of Joe Costello as a partner. He specializes in recruiting executive level HR leaders across industries. His core focus is on technology, private equity and medical devices with a broader focus in the healthcare industry. “While we specialize in HR across industries, we are looking to continue adding depth
Dale E. Jones and Andrew Wheeler of Diversified Search have placed Honest Company CFO Muhammad Shahzad and former Kids2 CFO Lorna Street as members of the board of trustees for the March of Dimes Foundation, a non-profit fighting for the health of mothers and babies. In their roles as trustees, they will share their unique skills and knowledge to address the country’s urgent
Executive search firm Fisher Leadership has placed the new chief executive officer for Merri Health, one of the largest community health providers in the state of Victoria, in southeast Australia. Tassia Michaleas, who had been general manager, family and community, with Merri Health, is charged with driving future growth in metropolitan and regional areas, said Melbourne-based
IIC Partners Executive Search Worldwide has expanded with the addition of executive recruiters Teamconsult as its newest member firm. Located in Prague and Bratislava, Teamconsult will substantially strengthen IIC Partners’ position in the Central and Eastern European region. Teamconsult is focused on serving international organizations with business operations or investment interests in Czechia and Slovakia. The firm’s
Greenwich Harbor Partners has placed former Under Armour executive George Hanson as the new chief digital officer of Panera Bread. Managing directors Ted and Carrie Pryor led the assignment. “This was a nationwide search and we talked to everyone who we thought were appropriate for the position,” said Mr. Pryor. “We were looking for experienced senior ecommerce
Minneapolis-based CohenTaylor Executive Search has been enlisted to find the next president and CEO for Junior Achievement of the Upper Midwest (JAUM) in St. Paul, MN. “JAUM is currently seeking a dynamic and visionary leader to guide the organization through its next phase,” said CohenTaylor. “Working with the board of directors, the president/CEO provides vision and
Rochelle Schumer, president of R&L Associates, a recruitment provider specializing in placing search professionals within the headhunting sector, has assisted in merging veteran life sciences recruiter Jennifer Chase and her firm, ChasePartners, with ZurickDavis, a search firm that recruits executives and physician leaders for healthcare organizations. “We are delighted to be part of growing the
Boyden has created a new global private equity and venture capital practice and named Anita Pouplard, a managing partner of Boyden France, as its leader. “Anita was our board’s unanimous choice to lead our global private equity and venture capital practice, which has been growing for several years in succession,” said Trina Gordon, president and CEO of Boyden.
Organizations today recognize that it is critical and imperative to add technology-savvy leaders to lead in the coming decades of uncertainty. As IRC Global Executive Search Partners’ technology practice grows across all regions, it has decided to further strengthen its global team. Ron Magen, from IRC Israel, has been named as the new EMEA technology
Wilton & Bain recently launched its groundbreaking SWITCH (Senior Women in Transformation & Change) network in North America, which brings together C-suite women across industries and functions. Members who operate at an executive or board level position or are in positions that are crucial to influencing and driving change in organizations have now joined arms.
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has recruited Jill Tiefenthaler as the first female CEO of the National Geographic Society. The search included a review of more than 100 candidates. She will succeed former Heidrick CEO Tracy R. Wolstencroft, who was placed in the top role of the National Geographic Society by Russell
Executive recruiting firm SearchWide Global recently placed Craig Davis as the new president and CEO of VisitDallas. Mike Gamble, president and chief executive officer of SearchWide Global, led the assignment. The search firm had been seeking an executive with knowledge of the travel and tourism industry, its distribution channels and its customer base. “Craig stood out among many
Ernst & Young (EY) has further enhanced and expanded its capabilities in its People Advisory Services (PAS) business with the acquisition of strategic people consultancy PeopleFirm, a leader in delivering workforce and organization strategy, performance management, diversity and inclusion, leadership and culture work. Financial terms of the deal were undisclosed. PeopleFirm is a leader in delivering
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. Overseas, fold in Brexit and you have an environment growing in complexity by the day. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and
These are tough days for finding talent in virtually every market sector around the world. And, according to top global HR leaders and executive recruiters, it is a situation that is unlikely to improve anytime soon. Better economic times, low unemployment and technological innovation have all been a blessing. But how to fill the jobs
Christopher Street West (CSW), the non-profit that organizes the gay rights LA Pride Festival and Parade, has enlisted Aspen Leadership Group, an executive recruitment firm based in Aspen, CO, to lead the search for its new executive director. Senior consultant Tim Child is leading the assignment. CSW is looking for what it describes as a risk
Executive search and leadership solutions provider Korn Ferry has been selected by the Missouri State Employees’ Retirement System (MOSERS) to lead its search for a new executive director. Senior client partner Michael Kennedy is heading the assignment. The pension fund’s previous executive director, John Watson, recently stepped down and legislative and policy coordinator Ronda Stegmann is leading the $8.1 billion
Despite setbacks in certain locales, the real estate industry has bounced back from many of its problems in recent years. But a dire need for executive talent in the field still remains. In particular demand, recruiters say, are executives who survived the last downturn and who now have a vision for better times ahead. To
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet the 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. Signium, for one example, is continuing to expand with the recent addition
London-based human capital consultancy ALC has launched a new advisory firm designed to help hiring organizations build their own in-house executive search function. “There has been a definite trend over the last few years toward hiring organizations building their own in-house executive search functions in order to achieve substantial cost savings,” said Tim Connolly, founder
The Onstott Group, a Wellesley, MA-based search firm, has placed the chief executive officer for Women’s Health USA (WHUSA). Goran Dragolovic, a 30-year veteran of the healthcare services field, comes to his new role from Optum (previously Surgical Care Affiliates), where he was senior vice president of practice growth and transformation. Leading the search was
As the life sciences sector continues to expand and reconfigure 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 (CNO) has traditionally been
Roseland, NJ-based ADP has acquired WorkMarket, a cloud-based workforce management solution provider that allows companies to build and manage an integrated workforce across W-2 employees, 1099 contractors, vendors and other types of workers. Financial terms of the deal were undisclosed. With the acquisition, ADP builds on its current portfolio of payroll and human capital management
West Hartford, Conn-based Academic Career & Executive Search (ACES) has expanded with the addition of Charles J. Fey as an executive search consultant. Dr. Fey retired after a noteworthy 44-year career in student affairs and student success. He held a number of positions including: president for student engagement and success at the University of Akron, VP for
A record-breaking number of CEOs are optimistic about the short term economic environment, according to PwC’s 21st annual survey of CEO sentiment. Fifty-seven percent of business leaders said they believe global economic growth will improve in the next 12 months. That’s almost twice the level of last year (29 percent) and the largest increase since PwC began asking
Sports and entertainment recruitment firm Turnkey Search has been enlisted by the Milwaukee Brewers professional baseball team to lead its search for both a vice president of human resources and chief financial officer. The VP of HR is expected to establish the Brewers’ HR function as a fully-integrated, highly communicative and innovative internal resource, said Turnkey. The
Moving ahead with the restructuring plans that it revealed last month, Heidrick & Struggles has announced a series of changes to its leadership team. The moves are keeping in step with president and CEO Krishnan Rajagopalan’s past remarks and his statement in January that the firm was “in the process of examining every aspect of
Virtually every industry needs top-drawer chief development officers. After all, CDOs play a key role in planning, coordinating and administering capital campaigns, corporate giving and galvanizing new donors while keeping old funders content. Implementing funding strategies that “keep the lights on,” according to recruiters specializing in the function, is job one. Howe-Lewis International was recently selected
Executive search firm Kingsley Gate Partners has expanded with the additions of Jim Thompson, Victor Kleinman and Alison Woodhead as senior partners. Dr. Thompson brings more than three decades of experience in consulting to Kingsley Gate. He specializes in applied research. He has designed and developed instruments to help companies with executive evaluation and placement, organizational assessment and strategic
Businesses are bolstering efforts to improve the workplace experience, fueled in part by record-low unemployment and a spike in business confidence, according to a recently released report by Randstad Sourceright. Based on a global survey of more than 800 C-suite and human capital leaders, the “2018 Talent Trends Report” found that 51 percent of employers
Korn Ferry Names Chief Marketing Officer; Heidrick & Struggles Sheds CMO Role as Part of Restructuring
Chief marketing officers are playing increasingly vital roles at executive search firms as search outfits continue to expand into new lines of business and evolve their brands. Korn Ferry, a leader in the talent space, has just added Jill Wiltfong as its new chief marketing officer. She will be responsible for global brand and marketing
For not-for-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 the major gift officer become all the more critical. Simply
Executive search firm Tyler & Company has been selected by GI Specialists of Georgia, a gastroenterology healthcare practice, to lead its search for a new CEO. Senior consultant Hallie Banker is leading the assignment. The CEO is accountable for management of all GI Specialists clinic operations, ancillary services and ambulatory surgery centers, including strategic planning for the
London-headquartered executive search firm Simon Pollock & Co. and New York-based Sucherman Group are partnering to help one another serve clients in their respective across-the-pond markets. Both firms are dedicated to finding leaders in the media and entertainment space. “My global clients are all looking to do more business in the U.S. and I couldn’t
In an effort to enhance the breadth of its recruiting services across Asia, RGF Hong Kong, a subsidiary of Tokyo-based Recruit Holdings Co. – owner of global jobs platform Indeed – plans to integrate its seven brands into three service brands: RGF Executive Search, RGF Professional Recruitment and RGF HR Agent. The change takes effect
Academic institutions continue to pump big fees into the coffers of executive search firms nationwide. 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,
With the assistance of search firm Howard Fischer Associates, Jack Morton Worldwide, a global brand experience agency, has chosen Melissa Rose to be its new chief people officer. Ms. Rose joins an established global HR team, where her primary objective will be “strategic people operations” – helping the agency continue to grow, retain and nurture
Dan Kaplan, former managing partner and head of the global chief HR officers practice at Heidrick & Struggles, has moved over to Korn Ferry’s CHRO practice. He will be based in the firm’s New York office. Mr. Kaplan brings over 20 years of expertise in leadership and organizational consulting to Korn Ferry. He has advised
ManpowerGroup / (NYSE:MAN) posted full-year revenues of $21 billion, an increase of seven percent from $19.7 billion the prior year and an increase of six percent in constant currency. The company posted ffourth-quarterrevenues of $5.6 billion, an increase of 14 percent from the year earlier period. The results surpassed Wall Street expectations. Five analysts surveyed by Zacks expected $5.55 billion.
Employers added 200,000 jobs last month as the U.S. unemployment rate remained at a 17 year low of 4.1 percent, according to the most recent U.S. Bureau of Labor Statistics report. The January gain is the 88th consecutive month of job growth. The number of unemployed persons was essentially unchanged at 6.7 million. Analysts had predicted the job additions
The American Academy of Dermatology has enlisted executive search firm Vetted Solutions to lead its search for a new chief learning officer. President and founder Jim Zaniello is spearheading the assignment along with vice presidents Catherine Brown and R. Norris Orms. The new chief learning officer will be responsible for developing and leading the strategic initiatives of the
Executive search firm Witt/Kieffer has placed Victoria M. Chun as the new director of athletics of Yale University. Thomas Beckett, who has served in the role for 24 years, is retiring in June. Greg Santore, principal and practice leader of Witt/Kieffer’s sports leadership practice, led the search along with senior associate Katy Young. In her new role,
Executive search firm Charles Aris Inc. has recently announced promotions for Ashlee Wagner, Heather Porter, and T.J. Deal. Ms. Wagner has been named as senior associate practice leader. As a key member of the firm’s strategy & corporate development recruiting practice, she will focus on placing senior leaders with client organizations in the financial services industry. Prior
Robert Half International Inc. / (NYSE:RHI) posted full year revenues of $5.27 billion, up from $5.25 billion the prior year. The results surpassed Wall Street expectations. The Menlo Park, CA-based recruiting company posted fourth quarter revenues of $1.35 billion, a 6.4 percent increase from the same period last year. This also beat Street forecasts. Five analysts surveyed by Zacks expected $1.31
Many of the workplace trends that were prevalent in 2017, such as maximizing talent analytics and improving the candidate experience, will continue to resonate this year. But other trends are emerging that demand new ways of managing and planning for the future. Successful businesses, according to a new report, must adapt to new market demands,