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DAILY NEWSWIRE - TOP STORIES

Search Assignment

The Insight Group Recruits CEO for Millennium Services Group

After a comprehensive recruitment process, Sydney-headquartered executive search firm the Insight Group recently placed Darren Boyd as managing director and chief executive officer of Millennium Services Group Limited. He takes over from Millennium’s acting CEO, head of Millennium subsidiary Airlite Group Steve Willis, who was appointed following the departure of Millennium’s previous CEO, Craig Hanley. Millennium

M&A

Savannah Group Partners with Psychometric Assessment Expert to Create New Tool

Drawing on insights from providing executive talent to over 1,000 businesses on short and long-term transformation projects, U.K.-headquartered executive search and interim management specialist Savannah Group has partnered with Alan Bourne of Sova, one of the leading innovators in the design of psychometric tools, to create a new psychometric assessment tool called the Pillars of Transformation.

Sponsored Content

Disrupting Recruiting: How Technology is Transforming the Talent Sector

In this latest episode of ‘Talent Talks,’ host Andrew Mitchell is joined by Nick Cromydas, CEO of The Hunt Club, a referral recruiting service that leverages technology and a front-end automation process to help land passive candidates.

Report

Gig Economy Continues to Grow at Blistering Speed

Working nine to five for a single employer bears little resemblance to the way a substantial share of the workforce makes a living today. Millions of people pull together various income streams and work independently, rather than in structured payroll jobs. This is hardly a new phenomenon, yet it has never been well measured in

Sponsored Content

GDPR – The Perfect Time to Refresh Your Database

As executive search firms grapple with the complexities of GDPR, many are concerned that the new regulation will mean deleting thousands of records built up over many years. Surely there must be an alternative?

M&A

Spencer Stuart Launches Kincentric From Newly Acquired Aon Businesses

Executive search firm Spencer Stuart has launched a new business unit formed from the culture and engagement, leadership assessment and development, and HR and talent advisory businesses it acquired from global professional services firm Aon in a transaction that closed July 1. Collectively, these businesses form a distinct entity now known as Kincentric: A Spencer

Search Assignment

Greenwich Harbor Partners Recruits Chief Revenue Officer for SQAD

The role of chief revenue officer has changed dramatically over the last several years. CROs are quickly becoming mission-critical innovators for companies that look to dominate a market first and fastest, according to recruiters. The demand for these financial leaders is growing and executive search firms have been busy filling these roles. Recently, Greenwich Harbor

Trends

How to Avoid Hiring the Wrong Leader

With pressure on search firms to fill senior posts in a timely manner, it can be easier than you think to fill a critical position with the wrong candidate. Maybe you’re bleeding revenue or your turnover is through the roof. Maybe you’re the one filling in until a role is filled. Whatever the reason, it’s

Search Assignment

CohenTaylor Finds New Leader for Minneapolis Social Services Group

CohenTaylor Executive Search has placed Chastity Lord as the next president and CEO of Jeremiah Program, a Minneapolis, MN-based non-profit that helps single mothers and their children break the cycle of poverty. Ms. Lord will start in her new role in mid-September. “Ms. Lord is a dynamic leader who has dedicated her career to disrupting systems of

People

Pedersen & Partners Appoints New CEO

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: Dubai-headquartered executive search firm Pedersen & Partners named Gary Williams as its new CEO replacing founder Poul Pedersen who will assume the role of executive chairman. As CEO, Mr. Williams will have

Search Assignment

Humane Society Taps accelHRate to Find Chief People Officer

Executive search firms have been stepping up their efforts to assist companies across the nation to find new chief people officers. The latest: accelHRate was selected by the Humane Society of the United States (HSUS) to lead its search for a new chief people officer. Kimberly Shanahan, founding president and chief executive officer, led the

Launches

Cross Country Healthcare Creates New Brand for Search Divisions

Cross Country Healthcare, a provider of healthcare workforce solutions and staffing services, has merged its signature permanent search brands – Cejka Physician Search, AP Healthcare, StarMed and Cross Country Staffing’s RPO division – under a new Cross Country Search brand. The consolidation leverages the strength of each brand to offer the widest range of permanent search

People

Signium Expands in the U.S. With New Member Firm

Executive search consortium Signium has increased its presence in the U.S. with the addition of Discovery Search Partners in Atlanta as its newest member firm. Located in Atlanta, Boston, the Philadelphia area and Virginia, Discovery Search Partners boosts Signium’s executive search and leadership presence in the life sciences sector. Discovery Search Partners was formed in 2009 by a

Trends

CEO Confidence Remains Moderately Optimistic

Although chief executives continue to be upbeat about the economy, their confidence levels have waned in recent months. In its most recent report, the Conference Board’s “Measure of CEO Confidence” was unchanged at 43 in the second quarter (a reading of more than 50 points reflects more positive than negative responses). “CEO confidence was unchanged

M&A

Spencer Stuart Acquires Ireland-Based MERC Partners

Executive search firm Spencer Stuart has acquired MERC Partners, a leading executive search and leadership consulting firm based in Ireland. Financial terms of deal were not disclosed. The addition of MERC Partners marks Spencer Stuart’s first client-facing team in Ireland and represents an important addition for its EMEA and global business. Spencer Stuart has had

Performance

Caldwell Posts Revenue Gain; Elects Private Equity Veteran as Chairman

Toronto-based executive search firm Caldwell has posted third quarter revenues of $19.9 million (Canadian), a 4.6 percent increase from a year ago. The search firm also announced that its chairman, G. Edmund King, is retiring and that new board member and private equity veteran Elias Vamvakas has been elected as chairman. Caldwell noted that third quarter revenues

Report

How Today’s CHRO is Managing Disruption 

Successive waves of global disruption — political, social, demographic, technological — are compelling today’s CHROs to consider how they may safely bring their organizations, and specifically their people, through the turbulence. But that disruption also presents an opportunity for them to examine how, and how swiftly, their own roles must change. A new report from

Search Assignment

Development Guild DDI Seeks New Leader for Senior Community

Executive recruitment firm Development Guild DDI, which focuses on the non-profit sector, has been retained to find the next president and CEO for Sophia Snow Place, a senior living community in West Roxbury, MA. President William Weber is leading the assignment. The next leader of Sophia Snow Place will be expected to partner with the board

M&A

IRC Global Adds New Member Firm in Denmark

Global search consortiums continue to add new members across the globe. The latest: IRC Global Executive Search Partners (IRC) just added People Executive in Denmark as its newest member firm. “We are very excited to welcome People Executive into the IRC family. Based on our past experience we know that the partners will contribute much to our

Trends

7 Reasons to Partner with a Recruitment Firm

Hiring talent is something that affects every business and every level of management. The ability to recruit great talent is key to the ultimate success, or failure, of a business. Certain roles, however, can be particularly difficult to fill. In those situations, it can be extremely valuable for an organization to partner with an outside

Search Assignment

Krauthamer & Associates Recruits CEO for the Greater Cleveland Regional Transit Authority

Over the past year, a growing number of transportation companies have enlisted executive search firms to help them find senior talent. After a nationwide search, executive recruiting firm Krauthamer & Associates recently placed India Birdsong as general manager and CEO of the Greater Cleveland Regional Transit Authority. She will succeed Joseph A. Calabrese, who stepped down from

People

Kennedy Executive Search Names Financial Services Practice Leader

Kennedy Executive Search, a network of independent executive search firms, has named Markus Unterberger as practice leader of financial services. In this role, he will structure and guide Kennedy’s services in recruitment for leadership roles in the financial services industry across North America, South America and Europe. Mr. Unterberger is a veteran in the financial

Report

Driving Greater Diversity in Recruitment

Diversity and inclusion is firmly on the boardroom agenda and companies are actively looking to improve equality in their recruiting practices. This is a trend that is not going away and which many companies are tackling head on, both internally and through their suppliers. As a result, executive search firms are addressing their role in

Search Assignment

Search Solution Executive Recruits CHRO for itelligence North America

Anyone with ties to the human resources function knows how much it has evolved in recent years – and with it the role of the chief human resources officer. The biggest shift has been in the CHRO’s progression from fighting for a seat at the table to playing a key role on the executive team. According

Launches

Cowen Partners Launches New Office in Vancouver, WA

With demand for executive recruitment growing across the Pacific Northwest, executive search firm Cowen Partners recently opened an office in Vancouver, WA. Leading the new location is Ash Wendt, founding partner. “I’ve been a long-time resident of Vancouver and watching the tremendous growth in recent years has been exciting,” said Mr. Wendt. “We can’t wait

Report

The Best Ways to Foster a CEO / CHRO Relationship

The relationship between a CEO and CHRO is possibly the most unique in the corporate world. When fostered strategically, the dynamic between the person at the helm of the company and the head of HR can drive a business to greater heights. But a new report by John Doyle of Slayton Search Partners finds that

M&A

ZRG Partners Acquires London-Based Holker Watkin

ZRG Partners, a fast growing executive search firm, has continued its expansion with the acquisition of London-headquartered search firm Holker Watkin. The deal’s financial terms were undisclosed. The firm will operate as a ZRG company, focused on supporting client needs for senior-level strategy professionals on a retained and interim project basis. The transaction is expected

Search Assignment

AEGEUS Executive Search Tapped by Queensland Theatre to Find Next Executive Director

Sydney-headquartered AEGEUS Executive Search has been selected by Queensland Theatre to find its next artistic director. Sam Strong, who has held the role for four years, recently announced that he will be leaving the organization later this year. Managing director Tony Grierson is leading the assignment. “Queensland Theatre has been and will continue to be a

Report

4 Emerging Trends to Watch as 2019 Heads Into High Gear

If the second half of 2019 is anything like the first, business leaders are in for a wild ride. The geopolitical landscape remains as volatile as the stock market. Signs of an economic slowdown are emerging, making consumers and investors equally skittish. Organizations are still looking for ways to cut costs while ramping up investment

Search Assignment

Carrington & Carrington Seeks CFO for UPMC Community HealthChoices

Chicago-based executive recruitment firm Carrington & Carrington is seeking the next chief financial officer for UPMC Community HealthChoices (CHC). Principal Marian H. Carrington is leading the assignment. In 2017, the search firm started a multi-year partnership with the University of Pittsburgh Medical Center (UPMC) to help boost the healthcare giant’s diversity hiring at its most senior levels.

Spencer Stuart Strengthens Leadership Advisory Group

With an evident need among client companies growing and an opportunity to expand ancillary services offerings to meet that demand, a number of executive search firms are launching or adding to their leadership consulting advisory practices. This month, Spencer Stuart announced three appointments to its leadership advisory services group in Europe, the Middle East and Africa (EMEA). Brought on board

Isaacson, Miller Finds Seventh President for Juilliard

Executive search firm Isaacson, Miller has placed Damian Woetzel, a renowned former principal dancer for the New York City Ballet, as the seventh president of The Juilliard School. For the last 32 years, Joseph Polisi has served as the organization’s president. Isaacson, Miller chairman John Isaacson led the search with vice president Sheryl Ash and associates Katie Rockman and Cortney

Executive Recruiters Set New Milestones In Latest Rankings

The executive search industry’s leading 50 players in North America topped $3 billion in revenues last year, according to industry newsletter ESR, in a market report released today by Hunt Scanlon Media. The group collectively jumped by almost 10 percent, continuing an incredible run for an industry that just a decade ago was left reeling

USA Gymnastics Taps Russell Reynolds Associates for CEO Search

After putting out an open casting call for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer, Russell Reynolds Associates has taken the rings of this highly coveted sports assignment and commenced a highly anticipated global talent search. Managing director Nada Usina is leading the undertaking with consultant Libby Naumes. The

Wheless Partners Lands CEO for Fulcrum Health

Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. This has led to an increased need for recruiting firms to deliver top-drawer leaders throughout the sector. To that end, search firm Wheless Partners has recently placed Patricia Dennis as chief executive officer of

CDI Posts 20 Percent Q1 Revenue Decline; Possible Sale Looms

CDI Corp. / (NYSE:CDI) posted first quarter revenues of $187.6 million, a decrease of 19.7 percent from revenues of $233.5 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Limited (“Anders”), which was sold in September 2016. During the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.3 million, a 7.1 percent decline, compared

AIMS International Expands to Norway

AIMS International has added Norway-headquartered search firm RUUD Executive. The firm is led by managing partner Tor-Egil Ruud, who has over 17 years of experience in recruitment, executive search, and leadership services from several national and international market-leading companies. He has conducted over 250 national and international assignments. “This partnership is very important for us: We are now able to

Retaining New Hires Now Seen As a Critical Issue

Retaining new hires is on the minds of leaders at the vast majority of companies these days, according to a recent report by Korn Ferry’s Futurestep division, which provides advisory services and recruitment services for middle to upper level management. Ninety percent of the executives surveyed, in fact, said this is an issue for their companies. What’s more,

Arts Consulting Group Finds New Leader for Chicago Youth Symphony Orchestras

Celebrating its 70th anniversary this season, Chicago Youth Symphony Orchestras (CYSO) has appointed Susan Lape as executive director, following an executive search process led by Arts Consulting Group (ACG). She succeeds former executive director Joshua Simonds. Ms. Lape most recently served as executive director of the Lake Forest Symphony, the only fully professional orchestra in Lake County, IL. Since 2012,

Search Firms Team Up to Recruit Martial Arts Leader

ATA International, which promotes and teaches the martial arts, has chosen Neil Morton as its new chief executive officer. Search firms LH International of New York, and ASCENT Select Talent Capital of Greensboro, NC, worked cooperatively on the assignment. ATA International, formerly the American Taekwondo Association, is based in Little Rock. With more than 950 licensed locations around the

Stanton Chase Names Diversity & Inclusion Practice Leader

Leaders at the best companies know that diversity matters. Not only are the firms that pay attention to such matters rewarded with better financial returns, but they gain perspectives and insights that would otherwise be lost to them. Well aware of this trend, Stanton Chase International has appointed Becky Heidesch as a director and North American diversity &

Cobalt Recruitment Appoints CEO

There have been a number of top leadership appointments at search firms since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: Executive search firm Cobalt Recruitment has named James Wakefield as its new chief executive officer. Mr. Wakefield joined Cobalt in 2007 coming from the management team at Michael Page

Creating a Millennial Feedback Loop In the Workplace

Now that Millennials make up more than half of the American workforce, HR professionals are increasingly concerned about how to best cater to their workplace needs. Talent acquisition leaders recommend everything from nontraditional employee benefits like telecommuting and flexible leave to glamorous team retreats to help managers bolster their Millennial appeal. Problem is, it’s not working. Millennials

AGB Search Tapped to Find Iowa State President

As the academic year winds down, a number of colleges and universities across the country are already preparing for September. For many of them, that means opening searches that will deliver new, high profile leaders to take them into a new era of fundraising, digitalization, sports and, more often the case, globalization. Among the latest, the Iowa

Spencer Stuart Leading CEO Search for ITV

ITV chief executive, Adam Crozier, who led a turnaround at the broadcaster, is stepping down at the end of June from his role and from the company’s board after seven years. The U.K. commercial TV network has turned to Spencer Stuart to find his replacement. In his seven years at the helm, Mr. Crozier turned around the

Vetted Solutions Makes West Coast Expansion

Executive search firm Vetted Solutions LLC has expanded with the addition of Catherine Brown as vice president for West Coast operations. She will join the firm in Los Angeles as a search partner, leadership consultant and interim executive. Ms. Brown brings to the firm a deep knowledge of both association and philanthropic organization management. Most recently, she served as president of

Hydrogen Group Acquires Argyll Scott

The wave of merger and acquisition activity among executive search firms overseas continues. The latest deal: U.K.-based executive search firm Hydrogen Group has acquired Argyll Scott for £3.3 million. Together, the combined firms will deliver recruitment services across multiple functions, industries and countries. The acquisition allows Hydrogen to accelerate international growth plans and benefit from greater strength and depth

Women Not Having Career Conversations On Advancement

Women are underrepresented in industries that anticipate the greatest growth in jobs — engineering, technology, architecture and mathematics. But they are overrepresented in office and administration positions, sectors most threatened by digitization, automation and robotics. That’s why, recruiters report, that it’s vital for women to be open to discussions about developing their skill sets and other

More Search Firms Forming Advisory Boards

BarkerGilmore, a New York-based boutique executive search firm specializing in building corporate legal and compliance teams, has formed an advisory board of 12 former general counsel and chief compliance officers. This team, many of whom have served in Fortune 500 companies, is charged with providing advisory and leadership development services, complementing the firm’s core recruiting business.

Neumann Executive Search Seeking CHROs for Two Universities

Chief human resource officers (CHRO) have made big strides as strategic game changers and sounding boards for CEOs. The best ones, in fact, are now critical C-suite players. These days, clients of all kinds around the country are demanding such talent, and that’s sending recruiters off in hot pursuit. The latest: Neumann Executive Search Partners has been

DHR International Fills Chief Research Post at Akron Children’s Hospital

DHR International has placed Dr. Michael Kelly as chief research officer of Akron Children’s Hospital. Scott Sette, North American leader of the firm’s healthcare services & solutions practice, led the search. In his new role, Dr. Kelly will oversee the Rebecca D. Considine Research Institute and research activities conducted enterprise-wide, directing the process to define the vision, clinical trial

GatenbySanderson Bolsters Leadership Development Services

U.K.-based executive search firm GatenbySanderson has named Matt Gascoigne as chief operating officer as well as Anthony Surley and Kate Pearlman-Shaw as partners. The additions build upon the firm’s efforts to bolster its leadership and organizational development consulting services. Mr. Gascoigne has almost 20 years of professional recruitment experience working with clients from both public and private

USA Gymnastics Puts Out Casting Call to Search Firms

An open casting call is underway for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer. The organization has been without a CEO since Steve Penny resigned in March because of allegations that he and USA Gymnastics failed to properly address claims of sexual abuse against member coaches and Larry

D. Hilton Associates Leads Searches for Credit Union CEOs

These are critical days for credit unions. The industry boasts of nearly 6,000 federally insured credit unions in the U.S., with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief

The Newport Group Appoints IT Practice Leader

Demand for top technology executives continues to gain momentum. According to the Bureau of Labor and Statistics, CTO hiring is predicted to grow by 18 percent by 2022. This has led executive search firms to add recruiters that specialize in the evolving technology sector. Among the latest, The Newport Group, based in Encinitas, CA, has named Nicki

Waverly Partners Find New CEO for Norman Chamber of Commerce

Executive search firm Waverly Partners has named Scott Martin as the new president and chief executive officer of the Norman Chamber of Commerce in Oklahoma. Past CEO John Woods left the organization this past November. Debbie Galbraith, managing director and principal at Waverly Partners, led the assignment. Mr. Martin will report to the board of directors and is responsible for

IRC Names New Americas Leader

IRC Global Executive Search Partners (IRC) has named Tom Berray, managing partner of Cabot Consultants, as its new Americas leader. He takes over from Jane Lyons, managing partner of Rhodes Associates, who stepped down from the role after two years as the IRC Americas regional leader. Mr. Berray has worked in executive search for more than

What Drives Employee Satisfaction

Across today’s business landscape, organizations face numerous obstacles as they deal with the complexities of a 21st century workplace. Managing, and anticipating change, is now part of the common survival process of every organization. One challenge HR professionals continue to cite is creating and sustaining high degrees of employee engagement across their organizations and developing

Fogler Consulting Lands Head Basketball Coach for UMass

Executive search firm Fogler Consulting has recruited Matt McCall as the new head basketball coach for the University of Massachusetts. The school fired coach Derek Kellogg after nine seasons with the program. The decision to move in a new direction came just after the season ended with the Minutemen going 15-18, including 4-14 within its conference. UMass now turns to Mr.

TalentRISE Names Partner

Chicago-based executive search firm TalentRISE has promoted Allicia Hahn to partner. “I am very pleased to officially welcome Allicia as our fifth partner in the firm,” said Rick Gray, TalentRISE chief executive officer. “Since arriving nearly two years ago, she has contributed tremendous value to our business and long-term growth objectives, and as important, sets an enviable leadership

Hudson Global Posts Small First Quarter Revenue Gain

Hudson Global Inc. / (NASDAQ:HSON) posted first quarter revenues of $103.4 million, up 2.2 percent percent in constant currency, from a year ago. By region, Hudson Asia Pacific led the way, recording a revenue gain of 16.9 percent while Hudson America had a revenue increase of 12.5 percent. Meanwhile, Hudson Europe continues to struggle posting a revenue decrease of

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