Private Equity Recruiting: Linking Talent to Value
Hunt Scanlon Media is convening 300 private equity leaders, chief talent officers and executive recruiters at the Harvard Club in New York on May 1, 2019 to explore the link between talent and value.Hunt Scanlon
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A new Korn Ferry report finds that companies are hiring on the basis of skills vs. open positions.
The benefits of AI most likely outweigh any concerns in terms of its impact on the executive recruitment industry.
The accelerating rate of change in business, the economy and society challenges both business and HR to adopt new rules for leading, organizing, motivating, managing and engaging the 21st-century workforce.
Marketing and branding professionals continue to gain stature at executive search firms. Recently, Cornerstone International Group, a global executive search and leadership development firm, appointed Diego Cubas as its new board chair for global marketing. “As we continue to develop and expand, it became evident that this role was needed to provide leadership into the
Remaining relevant in today’s highly competitive business climate is one of the executive search industry’s toughest challenges, according to Tim Sheffield, chairman of Sheffield Haworth, in a new report by Invenias, a global provider of cloud-based software for executive search firms. “Clients are far more sophisticated in how they acquire senior talent than ever before,” said
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.
Executive recruitment firm Howe-Lewis International has been selected to find chief advancement officers for non-profit organizations in California and New York. Despite the differences in their missions, both the Palm Springs Art Museum and the New York Restoration Project (NYRP) will rely on this key role to drive their fundraising. The Palm Springs Art Museum seeks
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?
Greensboro, NC-based executive search firm ASCENT Select has expanded with the addition of John Bennett as a partner. His addition will bolster the firm’s expertise at placing mid- to senior-level executives in supply chain and logistics, finance, operations and sales. Mr. Bennett has more than 25 years of senior management experience in media, biotechnology, manufacturing,
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Culture fit is hardly a new concept. Well before the rise of various models and frameworks to evaluate organizational culture, companies recognized the risk of hiring a cultural mismatch — such as the lone wolf in a company that values collaboration. New employees, especially leaders, who clash with the culture are often ineffective, and are
Anyone with the 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 (CHRO). The biggest shift has been in how the CHRO has progressed from fighting for a seat at the table to playing a key role
Major gifts officers are among the most vital roles for educational institutions. The position involves identifying potential donors, cultivating relationships and, above all, garnering much-needed contributions from key supporters. Recruitment firms that can find the right person for this top-level fundraising position are much-valued partners of not-for-profits everywhere. And for recruiters, the business of finding
Executive search firm Kingsley Gate Partners has established a new global knowledge center which will serve as a foundational platform to its growing global client base. It will function as a strategic resource, initially focused on expanding the organization’s knowledge management function and strengthening research to facilitate business development and search execution. “We are excited to
The Inzito Partnership, a London-based executive search firm, has expanded with the addition of a financial officer practice to serve what the organization says is a growing number of requirements in the field. Simon Bailey joins the company to lead the new practice, working on the appointment of CFOs and their leadership teams in the U.K.
Across the board, in every industry, today’s candidate-driven market is fueled by growing demand for top talent against a landscape of short supply. This has led to nearly three million people being employed in temporary jobs, a number that is expected to grow at a healthy pace over the next few years as companies strive to
Executive recruitment firm Quick Leonard Kieffer has recruited Jacqueline Burgess-Bishop as CEO of the National Kidney Foundation of Illinois, chartered as one of the founding affiliates of the National Kidney Foundation in 1964. The assignment was conducted by Steven M. Derks, president and chief executive officer, along with principal Jennifer Deniz. “Because of the dedication and strength
After a national search, executive recruitment firm Preng & Associates has placed David L. French as president and CEO of Rosehill Resources Inc. in Houston, TX. He will succeed Gary C. Hanna, who has served as interim president and CEO since September. Mr. Hanna will remain chairman of the company’s board of directors. “We are very pleased to have
National youth development organization Camp Fire has enlisted Sterling Martin Associates to help find its next president and CEO. David S. Martin, managing partner; Tricia Bork Canavan, senior consultant; and Katherine Carter, senior executive recruiter, are conducting the assignment for the Washington, D.C.-based recruitment firm. Camp Fire wants a CEO who will be an innovator to
In what continues to be a trend among organizations, London-based Publicis Media has launched an executive search practice which will be led by veteran executive recruiter Julie Jeantet. Ms. Jeantet will work closely with existing senior recruiters Mary Hurlock-Murphy and Marcus Wainer and will oversee Publicis Media’s internal talent mobility program for leaders. “It has never
Although chief executives continue to be upbeat about the economy, their confidence levels have dropped in recent months, according to the latest report by the Conference Board. Meanwhile, the Worker Confidence Index (WCI) compiled by HRO Today Magazine and Yoh found that American workers’ confidence remained relatively stable last quarter and enjoyed a 2.6-point year-over-year rise compared to last year. “Despite
Competition among consumer companies has never been fiercer. Customers are shopping in new and sometimes non-traditional ways as mass market retailers offer designer goods, brick and mortar staples are available on-line and venerable brands spin off agile brand extensions. Consumer companies are also keen to capitalize on the potential of emerging and high growth markets. All this
USA Rugby has named an internal candidate, Ross Young, as its new chief executive officer. Executive recruitment firm RSR Partners led the search and assessment efforts. Mr. Young has been operating in the role since Dan Payne stepped down from the job in July to head operations with Rugby Americas. Based in Lafayette, CO, USA Rugby is the national governing
Pasadena, CA-based search firm Envision Consulting has placed Edward Amey as the new executive director of Jay Nolan Community Services (JNCS), a Mission Hills, CA-based non-profit which provides support services to those with autism and other developmental disabilities. Jeff Strully retired in December after 25 years with the organization. “We are very fortunate to have
Executive search consultants are seeing an increase in hiring mandates from around the world. To meet demand, they continue to develop new practices, hire recruiters and open locations. Among them, Horton International has strengthened its presence in the Middle East with the opening of a new office in Dubai. Horton International began its presence in the region by
As e-commerce enters its second decade of maturity, a new generation of executives is entering the C-suite. Some of these professionals are self-made, having launched successful companies to become highly-visible 20- and-30-something CEOs. Others, prized for their digital fluency and new ways of thinking, are climbing the ranks in the fast track to the top.
Korn Ferry will conduct the search for a new commissioner for the collegiate sports Big Ten Conference. Earlier this week it was announced that Jim Delany, who has held the commissioner role for 30 years, will step down when his contract expires at the end of June 2020. The search will be led by Jed
Toronto-based executive search firm Caldwell has recruited Dinesh Goyal as chief credit officer at OneMain Financial in New York. Paul Heller, managing partner of the firm’s global financial services practice, led the assignment along with partner Rich Perkey. In his new role, Mr. Goyal is responsible for managing credit, pricing, direct mail and digital marketing, and operational analytics. Mr. Goyal
Executive recruitment firms have made a number of top leadership appointments over the past year, many focused on strategy, growth, branding efforts and operations. The latest: New York-headquartered Raines International named COO Daniel R. Smith as its new president and CEO. Founder and current CEO Bruce R. Raines will continue with the firm as senior
Global recruiter Ward Howell International has continued its recent expansion with the opening of a new office in Milan. The office consists of 12 people and is led by Luigi Mancioppi, managing partner and chairman Italy, and Vito Gioia, managing partner and director Italy. The team is strengthened by Marcello Marcellini as partner, two associate partners, Massimo
Even in a strong economy, executives face many challenges when searching for a new position equal to their talents. A new report by John Myers, founder and managing director of Kensington International, concludes that in a hot job market, business leaders might question whether they need to provide transition support for their outgoing executives and
Executive recruitment firm RM Nephew and Associates recently completed searches for two key roles within the Parkland Health & Hospital System in Dallas. John W. Wendling is the new executive director of Community Health Plan, Parkland’s managed care organization, and Steven Roth, who was serving as the interim general counsel for the health and hospital
The non-profit sector has gained economic strength in recent years, making it the third largest employer in the country. Nearly two million not-for-profits employ 10.7 million people and produce $1.9 trillion in revenue. In the past decade, employment in the sector grew by 17 percent. With demand for non-profit talent at an all-time high, search firms have
The executive search field continues to be a welcoming landing pad for HR executives looking for a career change. For chief human resources officers, chief talent officers and other C-suite HR executives, the cross-over skills required in the search business are nearly identical. Executive recruitment firm Russell Reynolds Associates recently named veteran HR executive Eren Rosenfeld as
Executive search firm ON Partners has recruited Jacqueline Hourigan Rice as a new member of the board of directors at NASDAQ-listed ADTRAN, Inc. Partner Matthew A. Mooney led the search on behalf of ON Partners. Ms. Hourigan Rice is executive vice president and chief risk & compliance officer at Target. At Target, she is responsible for managing enterprise and vendor risk, corporate security
Kingfisher Talent has been launched to provide executive search services to life sciences companies in Massachusetts. The company is a Boston-based consortium of six luminaries who are experts in their respective fields. Leading the team is Lucy Watson-Baker, an executive search veteran in the life sciences industry. Ms. Watson-Baker has worked in executive search and talent acquisition for over 15 years. She was previously a
Executive search firm Conroy Ross Partners has named Peter Zukow as managing partner of its Toronto office. Mr. Zukow brings to the firm over 20 years of executive search experience recruiting senior talent to a wide cross section of industries, including consumer goods, retail, industrial, pharma / biotech, insurance, and financial services. Previously, he served as
Low pay is the top reason why applicants turn down jobs, while lack of advancement opportunities is the main reason employees leave jobs, according to a just-released survey of businesses released by Express Employment Professionals. The report was designed to reveal the hurdles that stop applicants from accepting jobs, as well as the top reasons employees
The board of directors of Ruby Tuesday has retained Heidrick & Struggles to begin a search for a permanent president and CEO, following the resignation of James J. “JJ” Buettgen. The company has appointed F. Lane Cardwell Jr. as interim president and CEO while the search is being conducted. According to industry sources, the board called
Korn Ferry has made multiple leadership moves within its global financial services practice. Eric Pikus, who previously served as the firm’s sector leader for asset management as well as consumer and commercial banking in its New York office, will now serve as head of North America, global financial market for the firm. Throughout his career, Mr.
Executive search firm Caldwell Partners International has placed Jeff Dawson as chief financial officer of Dallas-headquartered Academic Partnerships. Mercedes Chatfield-Taylor, head of Caldwell Partners’ private equity and venture capital recruiting practice, led the search. Mr. Dawson comes to Academic Partnerships after more than eight years with Match.com where he held multiple leadership positions. Mostly recently, he was CFO of dating at Match and just
Executive search firm Witt/Kieffer has named principals Hillary Ross and Chris Wierz as co-leaders of its information technology practice. Ms. Ross, based in Oak Brook, IL, is an experienced healthcare information technology executive search consultant. She specializes in the recruitment of senior level physicians and other clinicians, and conducts searches for chief medical information officers and chief health informatics officers.
An explosive new recruiting mandate has been emerging for executive search consultants keen on offering innovative expertise to their clients and finding new avenues to growth: finding leaders who can inspire and direct companies in the digital age. It is the latest directive to be placed in the lap of executive recruiters by companies eager to
Korn Ferry has been retained by the influential Robert Wood Johnson Foundation to lead its search for a new president and chief executive officer. Risa Lavizzo-Mourey has headed the $10 billion private foundation since 2003. Established in 1972, the Robert Wood Johnson Foundation is the largest U.S. philanthropy focused solely on health. The foundation’s goal, through the
Egon Zehnder has recruited Olivier Chavy as chief executive officer of Mövenpick Hotels & Resorts. Jean-Gabriel Pérès had previously announced his intention to retire after 17 years of leadership. The company sought a new CEO that could “drive value-accretive initiatives” which include the development of commercial activities and the delivery of system integration, enhanced distribution and active yield management, according
TRANSEARCH International has opened two offices in Johannesburg and Cape Town. The Johannesburg team is headed up by Zinhle Matentji, who will serve as chief executive officer of the new location. She has a strong focus on financial services, consumer, retail, petrochemical, logistics /supply chain, mining and chemicals. With over 16 years of experience in the executive
Many view Amazon as the most recent talent raiding case in point. The company is seen as a breeding ground for innovative talent — and hanging on to people has created a logistical nightmare for Jeff Bezos, the company’s CEO. In one recent raid, Chicago-based DHR International lured Amazon’s head of worldwide mass and brand marketing to sports
CEOs expect roughly unchanged plans for hiring and nearly flat plans for capital spending in the third quarter of 2016, according to the recently released Business Roundtable ‘CEO Economic Outlook Survey.’ Overall, the results suggest that the American economy is likely to continue to experience lackluster growth, although moderate expansion has been reported by other less
Executive search firm Diversified Search has placed Stacey D. Stewart as president of the March of Dimes Foundation. She becomes the organization’s first black president. The search was led by Andrew Wheeler, managing director and practice leader of the firm’s education and not-for-profit practice. The search was a six month long process of seeking input from senior management, volunteers, donors and other key
U.K.-headquartered executive recruiter Norman Broadbent has raised more than $3 million from new and existing equity investors to fuel future growth plans. The investment comes from a range of high profile investors, including Miton and City Financial Investment. Backing was also secured from existing investors, including Jon Moulton (a substantial shareholder of the firm), Downing LLP and Ennismore
Search firms continue to expand into new areas, hoping to provide clients with the best services for finding, assessing, onboarding and keeping their senior level talent. Calibre One has followed suit by launching what it calls a ‘purpose-driven’ search practice to be led by partner Venesa Klein and backed by a team of specialists. The new practice area
Sports and entertainment-focused executive recruiter Turnkey Search has been retained by Georgia Tech to lead its search for a new director of athletics. Mike Bobinski, the school’s past athletic director, has left his position to take on the same role at Purdue University. DHR managing partner and global sports practice leader, Glenn Sugiyama, led that assignment. The hunt for
The global labor market is warming up and active job seeking is on the rise, according to CEB, a best practice insight and technology company. In their latest report, global talent monitor data is drawn from CEB’s ‘Global Labor Market Survey,’ which is made up of more than 20,000 employees in 40 countries. Employees have long believed that
Russell Reynolds Associates has appointed Constantine Alexandrakis as region head for the U.S. He takes over the role from Mark Adams, who remains a managing director with the firm. Mr. Alexandrakis joined Russell Reynolds as a consultant in 2004 and has led its Chicago and Minneapolis offices since 2012 and 2014, respectively. He has served on the
Atlanta-based Parker Executive Search has been retained by the University of Tennessee Knoxville to lead its search for a new chancellor. Current chancellor Jimmy Cheek has recently announced he is stepping down and returning to teaching. The school hopes to have a new leader in place by the spring 2017 semester. Parker president Laurie C. Wilder and vice president Porsha L.
As the baseball season winds down and teams look to restock their C-suite executives, Reffett Associates has just placed Trevor Gooby as vice president of ballpark operations for the Seattle Mariners. The search was conducted by managing partner Bill Reffett and executive recruiter Jennifer McCorey. Mr. Gooby will be responsible for the overall operations strategy for Safeco
Executive search firm Storbeck / Pimentel & Associates has expanded its search team with the additions of Pharen Bowman-Crooks and Matthew Marsallo as associates. Ms. Bowman-Crooks brings with her significant experience in higher education, having worked most recently as an undergraduate admissions and financial aid officer and director of the Harvard Financial Aid Initiative at Harvard University.
Seventy one percent of the U.S. workforce is engaged, according to new analysis by the Hay Group division of Korn Ferry. The comprehensive analysis is based on engagement surveys from 139 companies and 1.3 million U.S. employees across 15 industries. Engaged employees, the theory goes, are those completely committed to whatever goal or mission a company is
Executive search firm Isaacson, Miller has been retained by the Association of American Publishers (AAP) to lead its search for a new president and chief executive officer. Vice president Jane Gruenebaum is leading the search with senior associate Gail Gregory and associate Karla Saunders. The next AAP president and CEO will assume leadership of a complex association at
Executive search firm Coulter Partners has recruited Allene M. Diaz as a non-executive director at ERYTECH Pharma. Ms. Diaz will initially attend all board of directors meetings in an advisory capacity. ERYTECH will nominate Ms. Diaz to serve as a voting board member in January in anticipation of the next general shareholders’ meeting. Ms. Diaz has more
Penrhyn International has added Dotto ReSearch, an executive search firm with a strong portfolio of international clients in northern Italy. Founded in 1985, and with offices in Verona, Pordenone and Milan, the senior leadership team comprises owner and managing director Giovanna Dotto, and partners Alessandro Vergine and Claudio Zuccolotto. Key sector expertise includes industrial and automotive, financial
Tatum, an interim services and executive search firm, has named Keith Neus as national managing partner of technology. In this capacity, he is responsible for working with key partners to formalize and build out the firm’s technology service offerings across multiple industries, including healthcare, life sciences, retail, manufacturing, high tech and non-profit. Having started his career in public accounting, Mr. Neus has more than 20
Spencer Stuart has been retained by the Federal Reserve Bank of Atlanta to find its next president and chief executive officer. It is one of the nation’s top financial services leadership posts up for grabs, but the search process could face tough scrutiny as activists and Democratic politicians call to make the process of selecting
CDI Corp. has announced that president and chief executive officer Scott Freidheim resigned from the firm to pursue other, “non-competitive” business interests. Chief financial officer, Michael Castleman, has been promoted to the post of president and has agreed to serve as interim CEO while the board of directors selects a permanent CEO. CDI named Mr. Freidheim
Financial services focused executive search firm Myriarch Advisors has been launched in St. Louis by Matt Huffman. The firm was founded, according to Mr. Huffman, to bring the blended experience of running a corporate executive recruiting function with a specialist executive search practice to clients in the financial services industry. For close to 20 years, Mr. Huffman