DAILY NEWSWIRE - TOP STORIES
Daily Newswire
Stevenson Search Partners Receives Long-Term Investment from SixSibs Capital
Fort Lee, NJ-based Stevenson Search Partners, a global life science executive search firm and a Hunt Scanlon Top 50 ranked search firm, has received a significant long-term investment from SixSibs Capital, a Milwaukee-based family-owned private investment company, in an effort to advance its expansion into a total talent solution company for the global life sciences market.
ZRG Acquires Ignata Finance Group in the U.K.
ZRG, a global talent advisory firm and portfolio company of RFE Investment Partners, has acquired Ignata Finance Group, a U.K.-based executive search & finance recruitment and interim placement business. Financial terms of the deal were not disclosed. “Partnering with Ignata will enable our European growth strategy both in private equity but across our shared global customers,
Executive Recruiters Pull Off Another Remarkable Year, Remain Bullish for 2023
Hunt Scanlon Media has released its annual rankings of leading executive recruiters. In the U.S. and globally, billions of dollars poured into the high-end recruiting sector in 2022, a result of continued pentup demand for senior-level leaders and their key reports.
WittKieffer Seeking CHRO for Texas Tech
A number of universities have recently turned to search firms to find new chief human resources officers. Oak Brook-IL-based WittKieffer was recently selected by Texas Tech University to lead in its search for a new CHRO. Ryan Crawford and Luis Bertot are leading the assignment. The school seeks an CHRO to lead the institution’s efforts to redefine human
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?
Wilton & Bain Opens Office in Dubai
Wilton & Bain recently opened a new office in Dubai. “We are delighted to announce the opening of our new office in Dubai,” said David Heron, CEO. “We will serve clients across the Middle East and North Africa, with further announcements to follow of our new managing partner who will be leading Wilton & Bain
Creating a Winning M&A Leadership Team
What makes a merger or acquisition a success? It all starts with having the right leaders in place. Research shows that strong leaders predict M&A strategy success and specific competencies are associated with high-performing deals. The right leadership team is so critical because they have a big job on their hands: ensuring executive alignment, setting the
Aspen Leadership Group Leading Chief Development Officer Search for the Pittsburgh Public Theater
Aspen Leadership Group, an executive search firm that specializes in recruiting top talent for philanthropic organizations, has been called in by the Pittsburgh Public Theater to lead in its search for a new chief development officer. Jeanette Rivera-Watts is leading the assignment. Reporting to the managing director and partnering closely with the artistic director, the
The New York Society for Ethical Culture Taps Development Guild DDI to Find New Leader
Non-profit specialist recruitment firm Development Guild DDI has been retained by the New York Society for Ethical Culture (the Society) to lead in its search for a new executive director. Senior vice president and principal Tracy Marshall is leading the assignment. Reporting to the Society’s board of trustees and working in close collaboration with clergy
Lindauer Appoints Leader of the Independent School Practice
Lindauer has named Jackie Sullivan as senior vice president and leader of the independent school practice. “Jackie consistently drives client success by providing strategic counsel that is equally focused on tactical implementation and big-picture visionary thinking,” said Deb Taft, CEO of Lindauer. “By tuning her approach to the ambitious goals of her clients, she has
StevenDouglas Names VP, Technology Executive Search
Executive search firm StevenDouglas has appointed Matthew Richards as vice president, technology executive search. “What sets Matthew apart is his strategic and detailed approach to executive search,” StevenDouglas said. “Rather than solely focusing on finding candidates, Matthew delves deep into understanding organizational dynamics and talent requirements, collaborating closely with the C-suite to build transformational leadership teams. This
Here’s How PE Firms Can Reduce Talent Churn and Produce Better Leaders
Participants in the ninth annual PE leadership survey conducted by AlixPartners generally agree that the most important thing they can do to achieve the financial results they demand is to pay attention to leadership and talent. For PE firms, which prioritize C-suite leadership, and portcos, which emphasize talent at all levels, “the quality of leadership and succession
Egon Zehnder Retained by Bandhan Bank for CEO Search
Financial services organizations, generally, are facing a new competitive landscape, regulatory challenges and a constant struggle to manage cost and efficiency. This requires strategic leaders, both men and women, with a multidimensional skill-set and competencies that often go above and beyond any typical job description. But there’s a big problem: In most countries, while women
Evolve Giving Group Seeking CEO for the Jewish Federation of Greater Charlotte
The economic strength of the non-profit field has increased in recent years and it is now the third largest employer in the U.S. This has certainly kept search firms busy. Chicago-based executive search firm Evolve Giving Group was recently retained by the Jewish Federation of Greater Charlotte to lead in its search for a new
The American Academy of Nurse Practitioners Certification Board Using Sterling Martin to Find New CEO
Sterling Martin Associates, an executive search firm which specializes in recruiting talent for associations and other non-profit organizations, has been tapped by the American Academy of Nurse Practitioners Certification Board (AANPCB) to lead in its search for a new CEO. Under the direction of the Certification Commission, the CEO makes recommendations and participates with the
Remofirst Secures $25 Million in Funding
Remofirst, a San Francisco-based employer-of-record provider, has closed a $25 million series A funding round. The round was led by Octopus Ventures, a London-based venture capital firm, with participation by existing investors QED, Mouro Capital and Counterpart Ventures. Remofirst says that the funds will go toward new products and services as well as to bring
5 Essential Aspects of an AI-Ready Corporate Culture
The recent buzz around AI has brought a great deal of hope and excitement to organizations, particularly in the last few years. However, reflecting on the progress of other “digital transformations” over the past many years should give executives reason to pause. For example, one study on big data showed that while corporate investment in data
BarkerGilmore Fills Legal Post for Bragg Companies
Boutique search firm BarkerGilmore, which specializes in building corporate legal and compliance teams, has recruited Chris Connelly as the new vice president and director of legal for Bragg Companies in Long Beach, CA. The search was led by Max Gelernter, managing director of BarkerGilmore. “Chris’s unique blend of legal expertise spanning over two decades and his immersion in the construction industry
Academic Career & Executive Search Seeking CHRO for Washtenaw Community College
Academic Career & Executive Search (ACES) was recently retained by Washtenaw Community College in Ann Arbor, MI, to lead in its search for a new chief human resources officer. The search is being led by managing partner Jennifer Muller. Reporting to the president and serving on the president’s executive leadership team, the CHRO is responsible for integrating human
Protis Global Appoints VPs of Business Development
Protis Global has expanded with the addition of Samantha Marino Parker as vice president of business development for food and beverage, and Cliff Hall as vice president of business development for automation and robotics. “Samantha and Cliff bring invaluable experience fitting within the Protis Global framework nicely,” said Bert Miller, CEO of Protis Global. “Their appointments underscore our commitment
Diversified Search Group Expands Education Practice
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has named Jennifer Mason as a managing director in its education practice. “We’re thrilled to have Dr. Mason join our esteemed team of experts, especially at a time when the dynamics of leadership in higher education are rapidly evolving,” said Aileen
Private Equity In Hot Pursuit Of Chief AI Officers With Strategic Vision
AI has been increasingly buzzy in the past year as companies try to understand the potential benefits it can bring – from ringing out more efficiency in the workplace and streamlining decision-making, to improving employee productivity monitoring. Now, President Joseph R. Biden Jr. has just announced a policy to help government agencies harness its power and mitigate
Diversified Search Group | Koya Partners Selected by Newfields a Place for Nature & The Arts to Find New Leader
Koya Partners, a part of Diversified Search Group, has been retained by the Newfields a Place for Nature & The Arts to lead in its search for a new president and CEO. Tiara D. Muse, managing associate, is leading the assignment. Newfields is in a pivotal moment of growth and evolution and is seeking a dynamic and visionary CEO to
NU Advisory Partners Assists Sigma7 with Chief Technology Officer Search
Executive search firm NU Advisory Partners has assisted in the recruitment of Andy Simpson-Pirie as chief technology officer of Sigma7 in New York City. Mr. Simpson-Pirie has a technology career spanning 25 years across a spectrum of early-stage, growth-phase, and large global corporations. Over that time, he has established a track record of launching new products, leading acquisitions,
Assembly Group Partners with Employ to Recruit CEO
Austin, TX-based executive search firm Assembly Group has placed Steve Cox as the new CEO of Employ in Waltham, MA. He succeeds former CEO, Pete Lamson. “Congratulations to Steve Cox on his new role of chief executive officer at Employ,” Assembly said in a LinkedIn post. “It was a pleasure partnering with the Employ team, and we wish the
IMD International Search Group Adds New Member Firm in Poland
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire new recruiters, and open new locations. Global recruiting consortiums, meanwhile, are taking advantage of a resurgence in certain geographic areas. Global executive search consortium IMD International Search Group has added Kaluzynski & Madeja in Warsaw,
Executive Women Making Progress Closing Pay Gap
Last month, ON Partners released its 2024 Women’s Report in recognition of Women’s History Month. The report revealed a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452K, compared to executive men’s average of $461K. In addition, when isolating director and vice president roles as a pipeline
Herbert Mines Assists Brixton with CEO Search
New York-based retail and consumer focused executive search firm Herbert Mines Associates has assisted in the recruitment of Seth Ellison as CEO of Brixton, an Altamont Capital Partners company. He replaces Raphael Peck, who left the company is December. “Herbert Mines Associates is proud to have partnered with Altamont Capital Partners to place Seth Ellison as CEO of
TalentRise Recruits Executive Director for the Theodore Roosevelt Inaugural National Historic Site
Following a comprehensive, nationwide search, TalentRise recently placed Spencer Morgan as the executive director of the Theodore Roosevelt Inaugural National Historic Site. He is taking the helm as incumbent executive director Stanton H. Hudson, Jr. steps down following 30 years of service to the Theodore Roosevelt Inaugural Site. Sarah Garcia, TalentRise consultant, led the assignment. “Stanton
The Hawkins Company Seeking Chief Equity Officer for the International City/County Management Association
The Hawkins Company, a Los Angeles-based executive recruitment firm, is currently leading the search for a chief equity officer for the International City/County Management Association (ICMA) in Washington, D.C. Yonnine Hawkins Garr, William Hawkins, and Tisa Jones are leading the assignment. ICMA’s commitment to diversity, equity, and inclusion (DEI) spans over 80 years, with dedicated efforts
Seven Steps to Successful CEO Succession
The market for qualified, motivated, and innovative CEOs is rapidly shifting. The external risks of 2020 and 2021 saw CEO departures fall each quarter. Then, in 2022, global CEO turnover hit a five-year high. And the trend of significant turnover at the top continues, creating a supply imbalance for great CEOs. This is making isolated CEO
Leathwaite Expands in New York
London-based executive search firm Leathwaite has expanded with the addition of Gus de Camargo to its New York team. He will be responsible for leading and expanding the firm’s technology offering in North America, driving revenue and helping deliver talent to corporate functions. “We are extremely excited to welcome Gus to our team,” said Andrew Wallace, managing
Majority of Workers Now Favor Hybrid Work Model
Fifty-three percent of workers globally want a hybrid working model where more than half of their work time is remote, according to a new study from Toronto-based LHH (formerly LHH Knightsbridge) and The Adecco Group. The firms just released “Resetting Normal: Defining the New Era of Work” study probed workers’ attitudes about remote vs. in-person
Krauthamer & Associates Selected by Trinity Metro to Find New CEO
Over the past year, a growing number of transportation companies have enlisted recruiting firms to help them find senior talent. Executive search firm Krauthamer & Associates was recently called in by Trinity Metro to assist in its search for a new president and CEO. Bob Baulsir, who has served as president and CEO of Trinity
Massey Henry Expands Search Staff
Toronto-based executive search firm Massey Henry has expansion with the addition of Elaine Lajeunesse as partner and head of the leadership practice, and Clio Straram who joins the firm’s advisory board. “Massey Henry was founded on the strong belief that female and underrepresented voices need to be amplified to drive meaningful change at the executive level,”
Hedge Funds Fall Short in Diversity Efforts
It goes without saying that diversity, equity, and inclusion have moved to the forefront of hiring and recruiting among all sectors. Leaders across every industry have advocated to support this public movement including an increased focus in financial services, the sector with arguably the most significant inequality represented. Despite this, financial services companies, and particularly
WittKieffer Seeking Chief Diversity Officer for Brandeis University
Oak Brook, IL-based search firm WittKieffer has been enlisted to find a chief diversity officer/ vice president for diversity, equity, and inclusion for Brandeis University. Leading the assignment are principal Charlene L. Aguilar and consultant Shelley Arakawa. “Brandeis seeks a leader who, in consultation with the entire campus community, can build upon current diversity and
Egon Zehnder Tapped by Intelsat to Find New CEO
Intelsat SA has announced that its CEO, Stephen Spengler, will retire from the position after the satellite network operator emerges from its financial restructuring process. The company has tapped executive recruiters Egon Zehnder to lead the search process for a new chief executive. “We are nearing the conclusion of our restructuring with enhanced financial strength and are
Bespoke Partners Adds Software and Tech Partner
San Diego, CA-headquartered executive search firm Bespoke Partners has expanded with the addition of Tess Fischer as a partner. “Tess is a proven search leader with an outstanding track record and exceptional industry knowledge that will be a major benefit to our clients as they enhance their leadership teams,” said Kristie Nova, CEO of Bespoke Partners. “Her expertise
Vanderbloemen Search Group Adds Marketing & Business Development Leader
Vanderbloemen Search Group, which finds leaders for churches and ministries, has expanded with the addition of Michael Buckingham as vice president of marketing and business development. “I am excited by the leadership Michael will bring to our story,” said William Vanderbloemen, founder and CEO. “For over a decade, we have helped Christian organizations of all
Heidrick & Struggles Posts Record Revenue Gain
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles (NASDAQ:HSII) has posted third quarter revenues of $263.8 million, an increase of 83.8 percent from the same period last year. Net revenue growth was driven by all regions in executive search, and by Heidrick Consulting, and On-Demand Talent. Net revenue increased 86.2 percent in the Americas (85.6 percent
Hiring Top Talent In Unprecedented Times
What are the key value-drivers for operating executives when both exit values and resignation rates are at all-time highs? In a record-breaking year, there are heightened variables to consider: Exit values are through the roof, and human capital is rising as talent is increasingly empowered to dictate how and where they work. CEOs, especially those
Preng & Associates Fills Top Posts for GoGreen Investments Corp.
Houston, TX-based executive search firm Preng & Associates recently assisted in the recruitment of Daniel J. Foley and Vikas Anand as the new chief technology officer and chief development officer, respectively, at GoGreen Investments Corp. Consultant Mark Ciolek led the assignment. Mr. Foley has more than 30 years clean-tech experience in financial, technical and regulatory challenges of bringing green
The 360 Group Recruits New Leader for Levi Strauss Foundation
The 360 Group, an executive search firm which serves mission-driven organizations, recently assisted in the placement of Fatima Angeles as executive director of the Levi Strauss Foundation in San Francisco. “Fatima is a philanthropic leader who has deep experience developing and implementing grantmaking programs focused on worker health, environmental justice and youth development,” said Seth
SpenglerFox Integrates Ezekia CRM Software
Global executive search and human capital solutions provider SpenglerFox has entered into an agreement with Ezekia to adopt its CRM software platform across its office network. “As we prepare for significant business growth over the next few years, we needed a modern CRM system which will support us throughout this journey,” said Jens Friedrich, CEO of
Quick Leonard Kieffer Recruits CFO for Cook County Health
Quick Leonard Kieffer has placed Pamela Cassara as chief financial officer of Cook County Health in Chicago. Adrienne White-Faines, Bill Foley, and Joe Johnston led the nationwide search, which included a large pool of candidates. Ms. Cassara comes to Cook County Health from Franciscan Alliance, where she served as chief financial officer. In this capacity, she helped standardize and consolidate financial functions for
Spencer Stuart Appoints General Counsel
Spencer Stuart has named Lucy Lopez as general counsel and chief legal officer. She will succeed Dave Rasmussen, who is retiring after 24 years with the firm. “Over his long career with Spencer Stuart, Dave Rasmussen has built an incredibly strong legal and tax team that has been critical to our success as a firm. We wish him the very best in his
m/Oppenheim Selected by Mississippi Symphony Orchestra to Find New President
Non-profit recruitment firm m/Oppenheim Executive Search has been enlisted to find a new president for the Mississippi Symphony Orchestra (MSO) in Jackson, MS. Leading the assignment are principals Dennis Hanthorn, Lee Kappelman and Kevin Redick. “MSO seeks a business professional who will partner with veteran music director and conductor Crafton Beck, to deliver exceptional orchestral music
Robert Half International Posts 44 Percent Revenue Gain
Robert Half International Inc./(NYSE:RHI) posted third quarter revenues of $1.190 billion, a 44 percent increase from the same period a year ago, surpassing the consensus mark by four percent. The company has topped consensus revenue estimates five times over the last five quarters. Robert Half came out with quarterly earnings of $1.53 per share, beating
Korn Ferry to Acquire Lucas Group
Korn Ferry has entered into a definitive agreement to acquire Lucas Group. The transaction, which is subject to customary closing conditions, is expected to close on November 1. Financial terms of the deal were not disclosed. Lucas Group gives Korn Ferry professional search and contracting expertise which is expected to enhance the firm’s search portfolio.
As Business Changes, CEOs Grow More Self-Aware
Self-reflection and personal development have jumped to be among the top priorities of CEOs as they become increasingly self-aware, according to a newly released report by Egon Zehnder. The key to prosperity, the leaders are realizing, is to improve the human side of their leadership. The report found that as heightened demands for workplace equality
Vetted Solutions Assists in the Recruitment of New CEO for CEDIA
Washington, D.C.- based executive recruitment firm Vetted Solutions has assisted in the recruitment of Daryl Friedman as global president and CEO of CEDIA, the global trade association for the home technology industry, in Indianapolis, IN. He will assume the role on Nov. 29. “We’ve found someone that I am confident will be the step-change in leadership that CEDIA needs
AGB Search Tapped by Maine Maritime Academy to Find New President
Washington, D.C.-based AGB Search, which specializes in higher education leadership assignments, has been enlisted to find the next president of the Maine Maritime Academy (MMA). Leading the search are Nancy M. Targett, executive search consultant, and Concetta M. Stewart, principal, executive search consultant. The president will be expected to work collaboratively with stakeholders to imagine the
ManpowerGroup Posts 12 Percent Revenue Increase
ManpowerGroup / (NYSE:MAN) posted third quarter revenues of 5.1 billion, a 12 percent increase from the same period last year. This misses the Zacks Consensus Estimate by 2.92 percent. This compares to year-ago revenues of $4.58 billion. The company has topped consensus revenue estimates three times over the last four quarters. ManpowerGroup reported net earnings of $1.77 per diluted
The International Executive Search Federation Adds Find Great People to Network
The International Executive Search Federation (IESF) has added Find Great People, a talent acquisition and human resources consulting firm, to its international network. This expansion is in line with the expansion strategy of IESF to be represented worldwide as a growing international organization. “As a new member of our network, we welcome Find Great People,” said Victor Carulla
Remote Work and Its Lasting Impact on Business
The rapid adoption of remote work over the last year and a half has sparked fundamental changes for businesses far beyond where their workforce is located. With 40.7 million Americans expected to be fully remote in the next five years, it has also been a catalyst for a fundamental, tectonic shift creating drastic spillover effects
Hanold Associates Recruits Head of People & Culture for Patagonia
Patagonia, a high-performance outdoor apparel and accessories brand, has appointed Lisa Ramirez as head of people & culture. Lisa Butkus, Sandra Pena and Meg Magurany of Hanold Associates HR & Diversity Executive led the search. Hanold Associates was seeking an executive with an exemplary track record of at least 15 years of experience in organizational development, human resources, training and coaching,
ON Partners Assists Unison Software in Chief Technology Officer Search
Executive search firm ON Partners has assisted in the placement of Monica Nicolau as the new chief technology officer of Unison Software. Leading the assignment for ON Partners were consultants Matt Mooney and Sean Cantarella. Ms. Nicolau is an accomplished senior technology leader with more than 20 years of experience in building scalable enterprise software products across multiple
August Leadership Adds Diversity Search and Leadership Consulting Practice
Executive search firm August Leadership has expanded its scope by adding a diversity, equity & inclusion search and leadership consulting practice to its portfolio. “Our diversity, equity and inclusion search and consulting practice provides clients with a holistic approach to this space in addition to our direct support to boards, CEOs and CHROs with the overall
Jobless Claims Fall to New Pandemic-Era Low
The Labor Department reported that 290,000 Americans have filed new claims for state unemployment benefits, a decrease of 6,000. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week’s level was revised up by 3,000 from 293,000 to 296,000. The four-week moving average was 319,750, a decrease
The Rise of the Private Equity Chief Talent Officer
While drawing down on committed funds and having capital “at work” is most people’s core understanding of what the modern private equity firm does, having the right human capital in place to maximize return-on-assets and marshal the firm’s capital adequately is of equal critical importance. Against this backdrop, it is perhaps a logical development to
Achieving Better Balance in Business with Diversity
Recent political and social events have triggered a tipping point for wider representation from across society on companies’ boards and in their leadership teams. Now the times are truly changing, as companies come to see the shortcomings of hiring and appointing leaders and executives from the same socioeconomic background and ethnic origin, according to a
