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With unemployment down and business confidence up, companies are spending more to improve their productivity and keep employees from departing.
Search firms continue to expand into new areas whether it be via acquisition, alliance or launching new services.
As digital upheaval roils the workplace, CEOs fear that most leaders are unable to execute their strategy. Among the keys to success are big data, diversity, sharing leadership and tapping potential.
Following a national search, Rocky River, OH-headquartered executive search firm Global Healthcare Services (GHS) has recruited Robert Ward as the new CEO of Weatherford Rehabilitation Hospital. Senior recruiter Tom Cavalli led the assignment. Weatherford Rehabilitation Hospital, based in Weatherford, TX, specializes in the care of complex medical and rehabilitative patients who have suffered a stroke, spinal cord injury,
Executive search firms continue to reap the benefits of an active education sector, which many academic recruiters report has never been busier. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. If any slowdown is coming, it most likely will be found at the talent identification stage. With so much
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.
Jobs website ZipRecruiter has just lined up $156 million in investment capital. The company said the series B financing will be used to accelerate its growth and further develop its artificial intelligence-powered matching technology and mobile apps. Wellington Management Co. and returning investor IVP co-led the investment, which included participation by other existing investors. ZipRecruiter’s
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?
Houston-based Vanderbloemen Search Group, which finds leaders for churches and ministries, has appointed Sutton Turner as its chief operating officer. He brings a combined 23 years of business and ministry experience to his role. “We have been fortunate to have seen many years of repeated and robust growth, and our work is at an unprecedented size and scope,”
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A new study from CareerBuilder points to a continued hollowing effect in the labor market where high-wage and low-wage job growth is eclipsing middle-wage job growth by a significant margin. Based on extensive analysis of historical and current labor market trends, the U.S. is expected to add 8.3 million jobs (5.08 percent growth) from 2018
Community college executive search firm Gold Hill Associates has been selected to find the next president for Temple College in central Texas. Search consultant Dennis Michaelis is leading the assignment. The Temple College board of trustees was unanimous in choosing the Jackson, MS-based firm. “Gold Hill has experience and an extensive network in Texas and
Finding qualified C-suite sales executives continues to be an issue for companies. According to the ManpowerGroup Talent Shortage Report, sales positions have been some of the most difficult to fill in recent years. And it has not been an attractive role to new generations of workers. New York City-headquartered executive search firm Battalia Winston recently recruited Robby Speights
Non-profit search specialist Koya Leadership Partners has expanded with the addition of Maureen Alphonse-Charles as managing director. Based in Boston, Ms. Alphonse-Charles is expected to help strengthen the firm’s work across non-profits and mission-driven organizations, building a bridge between non-profits, the corporate sector, and corporate boards. She sits on the boards of Boston University, Boys and Girls Clubs of Boston
Executive recruiters 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. Didier Simon de Bessac was recently named president of Managers by Alexander Hughes,
The growing use of artificial intelligence and machine learning to automate mundane operational tasks is creating new efficiencies that are freeing up recruiters’ time to focus on relationship building and nurturing passive candidates, according to a new report by Jobvite. The percentage of job interviews that resulted in offers climbed from 17 percent in 2015
With the new academic year underway, a number of colleges and universities across the country are opening searches that, if all goes to plan, will provide high-profile leaders to take them into a new era of fundraising, digitalization, sports and, increasingly the case, globalization. The University of Colorado board of regents recently tapped executive recruitment firm Wheless
Executive search firm Major, Lindsey & Africa (MLA) has recently been selected to find new general counsels for DuPage Medical Group and UPC Insurance. Located in Downers Grove, IL, DuPage Medical Group is one of the largest independent multi-specialty physician groups in Illinois. Backed by the large PE firm Ares, the organization is physician led, enabling it to provide
Cybersecurity might well might the greatest challenge facing corporate America today. The threat to reputation, private information and dollars — both from immediate theft and the cost of repairing the damage of a cyber-attack — can be staggering. Yet too few companies have taken adequate measures to protect themselves. No one can deny that it is
London-based Bailey Montagu Executive Search continues its expansion with the appointment of Rupert Channing as leader of the firm’s financial services search practice and Lee Cooper as head of its consumer and retail practice. Bailey Montago’s financial services search practice is focused on identifying, attracting and appointing high-caliber executives. Mr. Channing has worked in executive search
Spencer Stuart has appointed Ben Williams as its new CEO, succeeding Kevin Connelly, who served two three-year terms as the firm’s leader after previously serving six years as its chairman. In addition, the firm elected David Daniel as its new chairman. He takes over from Edward Speed, who served two three-year terms in the post. Both appointments were effective at
Universities continue to turn to executive search firms to find new athletic directors. With the announcement that Vanderbilt University’s current AD, David Williams, plans to retire in May, the school recently turned to Korn Ferry to find his replacement. Jed Hughes, who leads Korn Ferry’s sports practice, is heading the assignment alongside senior associate Kyle Bowlsby.
Chicago-based Hanold Associates has recruited Anita Roggendorf as PepsiCo’s director of talent attraction & engagement. Partners Ashley Schiele, Keri Gavin and Katie Traines led the assignment for the role, which is based at the consumer product giant’s global headquarters in Purchase, NY. Ms. Roggendorf previously worked for American Express. In her new role, she will
Executive search firms continue to look for more ways to drive growth — and manage it. Recently, Columbus, OH-headquartered firm Taylor Strategy Partners added Angie Aldinger as vice president of business development. Ms. Aldinger will lead business development efforts across all business lines at the firm, including recruitment process outsourcing (RPO), executive & professional search, consulting & assessment
Signium Africa, global search consortium Signium’s African business unit, has partnered with Riverwaves, a global provider of optimization of “people capability” through the customization of competency-driven HR models. Following in-depth exposure to Riverwaves’ intellectual property (IP) and proprietary modeling tools, “Signium Africa is positioned to apply its partner’s globally respected competency framework, build internal capability and
Global CEO confidence fell in the third quarter to its lowest level in two years, but chief executives remain confident about growth prospects in the U.S., according to the Conference Board. The overall measure of CEO confidence decreased to a level of 55 from 63 in the second quarter. A reading of more than 50
Executive recruiters are in hot pursuit of chief human resource officers and other senior-level HR leaders across the nation. Why such pent-up demand for top flight HR experts? Corporate leaders want HR leaders who are sophisticated, proactive and strategic-minded, with strong business savvy to drive their people capabilities like they would a P&L, according to
Executive search firm Odgers Berndtson has continued its recent expansion by partnering with JDR Consulting. Founder John de Regt, who has more than 30 years of executive coaching and search experience, is expected to enhance the firm’s leadership service offerings in the U.S. “John is an exceptionally talented and experienced executive coach,” said Steve Potter, CEO of Odgers
Executive search firm Acertitude has recruited two key leaders for Borden Dairy. Craig Musgrove joins the Dallas-based company as chief sales officer and Satyaki Lodh becomes chief information officer. Acertitude co-founder and managing partner Kevin O’Neill led the search teams for both assignments. The two hires are the latest in a series of nine searches
Witt/Kieffer recently launched an interim leadership practice and added Brian Krehbiel to head the new offering. The initiative, dubbed Witt/Kieffer Interim Leadership, expands the reach and capabilities of the firm’s healthcare practice in order to address the critical needs of these clients and ensure continuity in executive leadership. “We continually assess how Witt/Kieffer can adapt to our clients’ changing
Employers added 134,000 jobs last month as the U.S. unemployment rate dipped to 3.7 percent, according to the most recent U.S. Bureau of Labor Statistics report. The September gain is the 95th consecutive month of job growth. The number of unemployed people fell to six million. Analysts polled by Refinitiv (formerly Thomson Reuters) forecast that the U.S. economy
Executive search firms continue to reap the benefits of an active education sector, which many academic recruiters report has never been busier. The action is especially heavy among the boutiques, with niche recruiting outfits handling multiple assignments concurrently at major institutions, all at the senior levels. If any slowdown is coming, it most likely will
These are critical days for credit unions. The U.S. has nearly 6,000 of them, with more than $1.2 trillion in assets, according to the National Credit Union Administration. But with the steady retirement of Baby Boomers, among other factors, the cooperatives are facing the loss of more than 4,000 chief executive officers and senior managers
Zurich-based executive search firm Momenta Partners has joined forces with Enertech Search Partners to launch Quantal Search, a professional search practice focused on “deep talent.” Quantal will focus on placing talent that are designing and operationalizing disruptive technologies including data science, blockchain and augmented reality, as well as associated operational and commercial teams. Enertech Search Partners has served cleantech
Executive search firm Heidrick & Struggles International / (NASDAQ:HSII) has posted second quarter net revenues of $148.9 million, an 11.9 percent increase from revenues of $133 million during the same period a year ago, topping Wall Street forecasts. Executive search and leadership consulting net revenue at Heidrick increased 11.6 percent year-over-year, to $139.2 million from $124.7 million in the 2015 second quarter.
Global financial recruiting specialist Options Group has named Debbie Freer as head of OGNext, the firm’s classified strategic initiative. Ms. Freer will be establishing the career transformation organization as a new company within the larger organization of Options Group. Her focus will be on executive leadership as well as building a world class career transformation firm. In his
Executive search firm Russell Reynolds Associates has been tapped by HM Revenues & Customs (HMRC) to lead its search for a new chief people officer. The CPO will responsible for the people agenda across HMRC. The position is said to be pivotal to delivering the large-scale workforce planning, leadership and skills elements of HMRC’s transformation and
PFM Executive Search has placed Nelson Chan as chief financial officer of Capital Regional District (CRD). In his new role, Mr. Chan will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the board of directors and the finance, audit, and investment committees of the board. Mr. Chan has experience in both the public
Executive search firm Allen Austin has added Paul Moran as managing partner and global technology practice leader. He will be based in the firm’s Boston office. Mr. Moran has over 25 years of experience in executive search and leadership solutions servicing clients on a variety of projects across functions, including board selection, general management, professional services, sales, marketing, finance,
New Zealand ranked as the highest-ranked country for contingent workforce operations in 2016, followed by Singapore and the Philippines, according to the fourth contingent workforce index (CWI) released by ManpowerGroup. The U.S. fell to sixth place from second on the list, and Canada dropped to seventh from third. The index measures and tracks the relative ease
Executive search firm Kensington International has added David Shpiz as an executive vice president within its executive search division. Based in Chicago, he will lead the firm’s technology practice, focusing on private equity-backed companies. Mr. Shpiz was previously a partner at Kindred Partners, an executive search firm placing executives in high-growth technology companies. In addition to his Kindred experience, his
Spencer Stuart has recruited Chris Spear as the ninth president of the American Trucking Association (ATA). He succeeds Bill Graves, who is retiring after more than 13 years with the organization. Mr. Spear is currently vice president of government affairs at Hyundai Motor Company and has a long career on Capitol Hill, in federal agencies, as well
CarterBaldwin Executive Search has placed Newton Crenshaw as president of Colorado Springs, CO-based Young Life. The search was led by CarterBaldwin founding partner Price Harding. Mr. Crenshaw is an accomplished leader with a 30-year history of delivering business results, most recently as the vice president of oncology commercial operations / business development / payer at Eli Lilly and Company.
Executive search firm Boyden has added Moscow-headquartered Zoom Executive Search as part of the firm’s strategy for growth in EMEA and globally. A team of 11 search professionals will join Boyden as part of the firm’s expansion, benefiting clients in Russia and across EMEA. Zoom / Boyden Russia’s new team will be led by managing partners Olga
Hiring managers in the U.S. are prepared to hire more professionals in the year ahead, but the current recruitment environment won’t make their job easy. Nearly two thirds (62 percent) of hiring managers intend to hire more professionals in the next six months, according to the semi-annual hiring survey by DHI Group, a provider of data, insights
Executive search firm The Onstott Group has assisted A.I.M. Mutual Insurance Companies in the recruitment of Leslie E. Greis to serve on the company’s board of directors. Joe Onstott, managing director, led the assignment. Ms. Greis is the founder and managing member of Perennial Capital Advisors, LLC, an investment firm specializing in evaluating and investing in private real estate strategies worldwide
ManpowerGroup / (NYSE:MAN) posted second quarter revenues of $5 billion, a three percent increase from revenues of $4.9 billion a year ago. The company’s performance missed Wall Street forecasts which had expected $5.06 billion. Financial results in the quarter were impacted by the stronger U.S. dollar relative to several foreign currencies compared to the prior year period. Net earnings
Executive search firm Polachi Inc. has placed Cindy Brown as chief revenue officer of ViralGains, a leader in consumer-centric video distribution. As CRO, Ms. Brown will be responsible for driving ViralGains’ business in the $16 billion online video advertising market. She brings an extremely strong and diverse background to her role at ViralGains, from high growth
There has been a lot of discussion in the media recently about the expanding role of the CHRO, not all of it complementary. So I decided to seek an objective view from Mark Oppenheimer (pictured), chief commercial & innovation officer at leadership advisory and executive search firm Marlin Hawk. Based in New York, Mark engages
Using a search firm to recruit a new president or provost today can cost colleges nearly $100,000 or more in recruiting fees. So, is it worth bringing in outside agencies to help? Research compiled by James Finkelstein, a public policy professor at George Mason University, estimates that fees called for under executive search firm contracts
Executive search firm JM Search has named Gil Stenholm as a partner in its Chicago office. He brings significant executive search and consulting experience to JM Search, having spent 33 years with Spencer Stuart and four years with Booz Allen Hamilton. During his tenure at Spencer Stuart, Mr. Stenholm founded and co-led the firm’s consumer goods
Executive search firm Kaplan Partners has placed Clayton Adams as president and chief executive officer of Mascoma Savings Bank. He will succeed current president and CEO Stephen F. Christy upon his year-end retirement following nearly 27 years in the leadership role. The announcement of Mr. Christy’s successor follows an intensive six-month search led by Mascoma’s board
Executive search firm WinterWyman has recruited George Ravalico as director of talent acquisition of OSRAM Sylvania. Managing director and senior vice president Beverly Morgan led the search. This is the fifth HR leader WinterWyman has recruited for OSRAM. In his new role, Mr. Ravalico is responsible for building, leading and maximizing a strategic, collaborative talent acquisition function
Global executive search firm Alexander Hughes has partnered with IranianOffice to form a joint venture based in Tehran. Shayan Shadfar and Christophe Laurent-Atthalin are managing the new joint operation. IranianOffice provides business intelligence and operational support for businesses with and in Iran. The scope of activities IranianOffice provides to its western and local clients ranges from business development to operational support
CEO economic expectations for sales, capital expenditures and hiring have moved modestly upward, but GDP growth expectations have dipped, indicating the U.S. still has far to go to achieve sustained growth, according to the recently released Business Roundtable second quarter 2016 ‘CEO Economic Outlook Survey.’ The Business Roundtable CEO Economic Outlook Index — a composite of CEO projections
Executive search firm NorthWind Partners, a boutique search firm focused on recruiting talent for the private equity sector, has recruited Kevin L. Cook as chief financial officer of Alion Science and Technology Corporation. Managing partner Mark HuYoung, who leads the firm’s private equity practice, along with partners Hunter Murray and Brian Thomas, led the search.
London-headquartered executive search firm Nolan Partners has expanded its operations to North America with the opening of offices in Los Angeles and New York and the appointment of Chad Biagini as managing director of North America. Founded in 2006, Nolan Partners is focused wholly and exclusively on working with clients in sports and related sectors. The firm has
Executive search firm Koya Leadership Partners has recruited Anders Yang as chief development officer of the Natural Resources Defense Council (NRDC). Leading an international team spanning all of NRDC’s offices, Mr. Yang will play a key role in galvanizing a new generation of funders while maintaining ties with the organization’s long standing donors. He will
Executive search and leadership solutions provider Egon Zehnder has added Donald Chae to its Chicago office as an executive recruitment and board search consultant. Mr. Chae focuses primarily on financial services, where his experience spans wealth management, asset management, retail banking, risk management and financial technology. He will also be active in the firm’s professional
It comes as no surprise that employers are recognizing the value of an inclusive and diverse work environment — nor that the most forward-looking organizations view it as a leading competitive advantage when hiring from the entry level right up through to the C-suite. A diverse workplace, the argument goes, helps companies understand and meet
Executive search firm DHR International has recruited Gabriel van Aalst as president and chief executive officer of the New Jersey Symphony Orchestra (NJSO). James Abruzzo, managing partner of DHR’s global non-profit practice, led the search. Mr. van Aalst has performed in the Sydney Youth Orchestra (violin) from 2001 to 2006 and served on the board of that organization from 2004 to 2008. In 2004,
Executive search and leadership solutions provider Korn Ferry has placed Scott Davis as chief investment officer of The Indiana Public Retirement System. David Cooper, the organization’s previous CIO, left to become CIO of the $2.8 billion Purdue Research Foundation. Mr. Davis, a company insider, had been serving as the system’s deputy CIO and director of public
CPL Resources, an Ireland-headquartered recruitment agency, has launched Ardlinn, an executive search firm dedicated to supporting the growing demand for corporate leaders within the Irish business sector. As one of 19 recruitment brands to come under the CPL global umbrella, Ardlinn will serve as a division of the company focused solely on executive recruiting for top
Talent acquisition platform SmartRecruiters has raised $30 million in series C financing, led by New York-based venture capital and private equity firm Insight Venture Partners. The company plans to leverage the additional capital to sustain its rapid growth, accelerate its global market presence, and continue to invest in its product footprint to serve the needs of the more
Employers added 287,000 jobs last month as the U.S. unemployment rate rose to 4.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The number of workers unemployed increased by 347,000 to 7.8 million. Economists surveyed by Reuters said they were, on average, expecting nonfarm payrolls to show growth of 175,000 for