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DAILY NEWSWIRE - TOP STORIES

Report

Succession Plans Lacking in the C-Suite

Companies everywhere are concerned that when a CEO leaves there be candidates who can step in to lead the company. The plans for all those other seats around the executive table, however, are a little murky. Many organizations simply don’t have internal candidates who can step in to be chief financial officers, chief marketing officers

Search Assignment

Whitman College Picks Spelman Johnson to Find Athletics Leader

Executive recruitment firm Spelman Johnson has been enlisted by Whitman College in Walla Walla, WA to find a new director of athletics and chair of sports studies, recreation and athletics. Dell D. Robinson, search associate with the firm’s athletic practice, and Anne-Marie Kenney, senior coordinator of search services, are leading the assignment. The director of athletics

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.

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

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 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.

Report

Job Growth Rebounds in June; Unemployment Rate Sits at 3.7 Percent

Employers added 224,000 jobs last month as the U.S. unemployment rate stands at 3.7 percent, according to the most recent U.S. Bureau of Labor Statistics report. The increase, the largest since January, topped the 162,000 forecast by economists. The June gain is the 105th consecutive month of job growth. The number of unemployed currently stands at 6.0

Report

10 Benefits of Retaining an Executive Search Firm

Organizations typically use an executive search firm when a top job opening is important enough, senior enough and when discretion is at a premium. These three factors warrant the investment of bringing in a search firm. Executive search firms are in the business of finding high impact thought leaders who share the same principles, goals,

Search Assignment

Diversified Search Places Two Women Directors at Jacobs

Although boards of directors are considered the backbones of organizations, director recruiting has grown markedly more challenging, say recruiters who conduct searches in that area. At the same time, many boards find that the supply of independent-minded “board experienced” directors – especially those who can add vital forms of specialized skills and expertise – is limited. Such candidates are

Search Assignment

Witt/Kieffer Tapped by Oregon State University to Find 15th President

Executive recruitment firm Witt/Kieffer has been selected by Oregon State University (OSU) to lead in its search for its 15th president. Edward Ray, who has served as the school’s president since 2003, recently announced he is stepping down when his current five-year contract ends in 2020. Zachary Smith, senior partner and deputy managing partner for the firm’s

M&A

ZRG Partners Acquires Fiore Global Search

ZRG Partners, a fast growing executive search firm, has continued its expansion with the acquisition of certain assets of executive search firm Fiore Global Search. The deal’s financial terms were undisclosed. As part of the asset acquisition agreement, Adam Fiore, formerly the managing partner and CEO of Fiore Global Search, will be joining ZRG as a

People

N2Growth Names Chief Marketing Officer

N2Growth, a Philadelphia, PA-based management consulting and executive search firm, has added Dan Evans as chief marketing officer. A respected media and marketing professional, Mr. Evans has more than a decade of experience in helping strong brands create outstanding user experience. “Dan is an incredible marketing executive who understands how to engage the market across

Search Assignment

Herbert Mines Associates Recruits CEO for Sprouts Farmers Market

Following a nationwide search, New York-based executive recruiter Herbert Mines Associates recently placed Jack L. Sinclair as the new chief executive officer of Sprouts Farmers Market which is based in Phoenix, AZ. Amin Maredia stepped down last December to pursue other interests. President and COO Jim Nielsen and CFO Brad Lukow had been serving as interim co-CEOs while

Search Assignment

Odgers Berndtson Recruits CEO for American Association of Port Authorities

Global search firm Odgers Berndtson has placed Christopher Connor as the new CEO of the American Association of Port Authorities (AAPA). Long-time leader Kurt Nagle recently retired. Vice chairman and partner Tim McNamara is leading the assignment along with partner and practice leader Conrad Woody. “The association’s executive committee is pleased to have found an outstanding individual to

Search Assignment

Ventura Partners Places Tennis Head Coaches for Auburn and Yale

Executive recruitment firm Ventura Partners has recently placed head coaches for women’s tennis at Auburn University and men’s tennis at Yale University. Leading the respective assignments were Chad Chatlos, partner, and Katy Young Staudt, managing director, in the firm’s sports and entertainment practice. Caroline Lilley, assistant head coach at the University of Kansas (KU), was

Heidrick & Struggles Posts 7.5 Percent Q1 Revenue Increase

Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International / (NASDAQ:HSII) has posted first quarter revenues of $140 million, a 7.5 percent increase from revenues of $130.2 million during the same period a year ago. The results fell short of Wall Street expectations. Analysts surveyed by Zacks Investment Research had forecasted revenue of $145 million. The company’s

Russell Reynolds Associates Launches Board & CEO Advisory Group

Following similar moves taken by rivals, Russell Reynolds Associates has launched a separate board and CEO advisory division within the firm. The shift takes the nation’s No. 5 search firm beyond its core recruiting business and further into process planning, assessment, strategy & performance measurement, and culture shaping. The new advisory group brings together the expertise of

Curran Partners Finds Compliance Head for Achillion Pharmaceuticals

Executive search firm Curran Partners/ECI Group has recruited Gary P. Budney as vice president, head of quality assurance and compliance at publicly-traded Achillion Pharmaceuticals. Founding partner, Michael Curran, led the assignment. “Our client is a development-stage pharmaceutical company, which means that its principal activity is research into prospective treatments for various diseases, the development of those that are sufficiently

Acertitude Lands CFO for Aligned Energy

Executive search firm Acertitude has placed Anubhav Raj as chief financial officer of Aligned Energy. The search was led by Kevin O’Neill, founder and managing partner, supported by partner Geoffrey Votta. Aligned Energy said this latest addition to its leadership team will further help the company to innovate and optimize data center infrastructure to reduce the

Kincannon & Reed Continues Global Expansion

Executive search firm Kincannon & Reed continues its global expansion with the addition of David Carpintero as managing director. He will work out of Brussels, Belgium, where he will focus on senior recruitments for crop input, crop processing and trading, and produce clients across Europe and worldwide. Prior to joining Kincannon & Reed, Mr. Carpintero had

Best Methods to Lure Active and Passive Job Candidates

Traditionally, an active candidate is a person actively or casually looking for a new job a few times per week, while one deemed passive is considered satisfied with their current role and therefore searches occasionally for a new job, if at all. But according to one new study, the definition of active and passive candidate,

Orlando Magic Turns to Korn Ferry In GM Hunt

The Orlando Magic has seen a flurry of management moves since the end of the most recent NBA regular season. Now the team has turned to Korn Ferry to help it land a new general manager. The Magic fired past GM Rob Hennigan saying it was time to go in a different direction after missing the postseason for five

Coleman Lew Starts CEO Search for McColl Center for Art + Innovation

Executive search firm Coleman Lew + Associates has been retained by the McColl Center for Art + Innovation to lead its search for a new president and chief executive officer. Reporting to the board of directors, the incoming CEO will have full responsibility for all facets of the organization and its mission, including fundraising, operations, and

Why Your Culture Is Your Brand

Culture shaping is now seen as one of the most important drivers to achieve competitive advantage among companies, and most search firms, including boutiques, now offer some variation of it. The latest entrant: LaSalle Network has launched Culture 20/20 to help companies recondition their value and culture environments. LaSalle Network said it has seen firsthand the impact

RSA Group Adds to U.S. Search Staff

According to Deloitte’s global sector outlook report on life sciences, persistent talent shortages and the need to develop and retain employees with critical business and technology skill sets will continue to challenge global life sciences companies as they try to navigate a new world of work — one that requires a dramatic change in strategies for

A Top Recruiter Offers ‘Five Golden Rules’ for Career Advancement

Ted Pryor, managing director with Greenwich Harbor Partners, recently took a phone call from a young professional seeking career advice. She works at a major private equity group for its chief of staff. She told the recruiter she works nights and most weekends and was having a difficult time meeting her career goals. She seemingly had it all, thought

Heidrick & Struggles Places First Female President at Baylor

Heidrick & Struggles has placed Linda A. Livingstone, Ph.D., as the first female president of Baylor University. She becomes the school’s 15th leader. Past president, Kenneth Starr, resigned following a sexual assault scandal. Since 2011, 17 female Baylor students reported sexual or domestic assault charges against 19 football players at the university. This included at least four alleged gang rapes. Mr.

Dingman Company Leading Pastor Search for Evangelical Free Fullerton

Executive recruiting firm The Dingman Company is currently seeking a senior pastor for Evangelical Free Fullerton in California. Search firm president Bruce Dingman is leading the assignment along with vice president Dr. Richard Kidd. The incoming senior pastor of EvFree Fullerton will provide directional leadership for the church and work with its elders to develop and articulate

Hedley May and Exchange Place Partners Merge

London-headquartered executive search firm Hedley May and New York-based Exchange Place Partners have merged. The alliance creates a global oriented search firm and Exchange Place will retain the Hedley May name. The merger will allow the newly combined search firms to execute senior functional and leadership searches for multinational companies, financial institutions, professional services firms and regulatory

Manpower Posts Four Percent Revenue Increase

ManpowerGroup / (NYSE:MAN) posted revenues of $4.8 billion, an increase of four percent, compared to revenues of $4.5 billion a year ago. Five analysts surveyed by Zacks expected $4.69 billion. The Milwaukee-based staffing company recorded net earnings of $74.4 million, or $1.09 per diluted share, compared to net earnings of $71.7 million, or 98 cents per diluted share, a

Why Onboarding Is Key to a Successful Recruiting Strategy

Effective onboarding can make or break an executive’s success in a new role, yet an Egon Zehnder study of global HR executives and newly appointed leaders shows less than a third of organizations actively support their executives to adapt to the cultural and political climate – which rank as the top reasons new leaders fail. With the

Hanold Associates Recruits CHRO for Hanna Andersson

Chief human resource officers (CHRO) have made big strides as strategic game changers and sounding boards for CEOs. The best ones are now, in fact, critical C-suite players. The recruitment of these executives continues to be a critical hire for companies. The latest one: Hanold Associates has placed Wayne Young as CHRO of Hanna Andersson. Partner Keri

Slone Partners Fills CEO Roles for Healthcare Organizations

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. Executive search firm Slone Partners recently placed CEOs at Avomeen Analytical Services

Staffing Firm Launches Collabera Search Partners

Collabera, a global provider in IT and professional staffing services, has launched an executive search practice division, Collabera Search Partners. The new division will partner with private equity start-ups, small & midsize businesses and mid-market organizations on their C-suite and VP level retained searches. David Hughes, with over 12 years of expertise in the executive search

4c Executive Search Acquires Ireland-based MSL

There’s been more than a recent wave in M&A activity among executive search firms throughout Europe. The most recent: Belfast-based 4c Executive Search has acquired MSL Search & Selection in Northern Ireland. Financial terms of the deal were not disclosed. Originating in London in 1955, MSL has been synonymous with executive recruitment in the U.K. and

Skills Gap Costing Employers Nearly a Million Dollars Annually

It remains one of the most vexing economic puzzles in talent management: Why can’t employers find workers to fill their positions when 7.5 million Americans are unemployed and millions more are working part-time gigs because they can’t find full-time positions or have given up looking for work altogether? According to a new CareerBuilder survey, nearly 60 percent of U.S.

Morris & Berger Heading CEO Search for The Young Americans

Non-profit specialist search firm Morris & Berger has been retained by performing arts conservatory The Young Americans to lead its search for a chief executive officer. Leading candidates must have an appreciation for the performing arts and be strong advocates for education. The chosen CEO will be an inspirational and proactive spokesperson, representing The Young Americans to its

Jacobson Group Names Temporary Practice Head

Chicago-headquartered executive search firm The Jacobson Group has expanded with the addition of Oyauma Garrison as senior vice president. Mr. Garrison will head Jacobson’s temporary staffing practice, which provides insurance professionals on a temporary and temp-to-hire basis to help organizations manage workload fluctuations. He will also assist in Jacobson’s strategic development as a member of its executive management

Simione Healthcare Consultants Acquires Exact Recruiting Solutions

Simione Healthcare Consultants has acquired Exact Recruiting Solutions, an executive search firm dedicated to the home care and hospice industry. Financial terms of the deal were not disclosed. The agreement combines two leading organizations with more than 60 years of experience in business consulting and healthcare recruitment to benefit agencies and corporations providing home care, hospice, palliative care,

Spencer Stuart Finds New Leader for Ithaca College

Ithaca College has appointed Shirley M. Collado as its ninth president. The school turned to Spencer Stuart to fill its top post. Current president Tom Rochon will be retiring in July. Michele Haertel, who leads the higher education practice for Spencer Stuart, and consultant Mary Gorman, led the assignment. Ms. Collado currently serves as executive vice chancellor and

Koya Seeking New Leader for National Wildlife Refuge Association

Top leaders for non-profit concerns remain in hot demand and Koya Leadership Partners has the latest big search in the sector. Molly Brennan, a founding partner at the firm, is seeking a president for the National Wildlife Refuge Association, to be named by early summer. The National Wildlife Refuge Association is the only independent non-profit exclusively focused

Diversified Search Posts Double Digit Revenue Increase

Diversified Search has posted revenues of $44.6 million, a 18.9 percent increase for 2016, according to the latest statistics report soon to be released from Hunt Scanlon Media. The search firm currently has 52 consultants across nine offices. “Growth in 2016 came from several different avenues,” said president and CEO Dale E. Jones. “Our biggest news was our acquisition in September

Odgers Berndtson Continues U.S. Expansion

Odgers Berndtson has expanded with the additions of Lisa DeConto, Jane Swan, and Brad Pierce. Ms. DeConto joins the firm as a partner and will serve clients in the financial services sector. She will continue to leverage her 20-plus years of experience in asset management and focus on recruitment across the spectrum of asset management roles, including

Heidrick & Struggles Lands Chief Investment Officer for SURS

Executive search firm Heidrick & Struggles has recruited Douglas C. Wesley as chief investment officer of Illinois State Universities Retirement System (SURS). The organization announced last year the retirement of past CIO Danial Allen. Mr. Wesley has been SURS’ deputy CIO since 2005 and has been with the retirement system for 19 years. SURS is an agency in

Snodgrass Partners Forms Four New Alliances

Executive search firm Snodgrass Partners has formed four new partnerships in an effort to broaden the leadership, recruiting and consulting solutions it currently provides to collegiate athletic programs. “We are incredibly excited about each of our new allied partners,” said the search firm’s president, Tom Jacobs. “I have had the privilege of working with each one

Employers Report Strongest Q2 Hiring Outlook In 10 Years

Forty five percent of U.S. employers plan to hire full-time, permanent employees in the second quarter – a significant jump from 34 percent last year and the highest percentage for the quarter dating back to 2007, according to CareerBuilder‘s latest forecast. Temporary hiring is also expected to experience a double-digit boost year-over-year with nearly half of

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