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When it comes to understanding how mentoring operates, most executives have little grounding in data or experience beyond their own.
Executives report that retention of new hires has reached a critical state in their organization, a recent survey shows.
Low pay is the top reason why applicants turn down jobs, while lack of advancement opportunities is the main reason employees leave jobs.
Following a nationwide search, Gilman Partners has placed Catrena Bowman-Thomas as the new executive director of the Northern Kentucky Community Action Commission (NKCAC). She will take over the Covington-based non-profit on July 1. Current director Florence Tandy is retiring. The community group was seeking an executive who had past overall management responsibility of a non-profit agency, company
College and universities across the countries are facing new and growing challenges. Financial woes, enrollment concerns and debates over free speech, among other issues, are all keeping leadership at institutions of higher learning on edge these days. For some schools, survival is even on the line. Recruiting the right leaders, and choosing a search firm
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.
Every day we see examples of how the media, technology and digital industries are changing the way we live and work. Whether it is cloud storage for our photos, playlists for our music, friends who are “cutting the cord,” or retail chains going out of business, the world is changing rapidly. The implications for recruiting
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?
Recruiters in the search industry continue to climb the executive ladder within their respective firms. Witt/Kieffer recently announced 14 promotions across its expanding search practices. “This year has brought continued expansion for the firm, so that we may serve clients better in our markets in the U.S. and abroad,” said Andrew Chastain, president and CEO of Witt/Kieffer. “We are
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Venture capital and private equity firm Osprey Capital has acquired Quincy, MA-based BoardProspects.com, an online boardroom community that provides individual and corporate-based members with corporate governance news, education and board recruitment solutions. “We are excited to have BoardProspects join the Osprey family,” said David Hoffmann, founder and chairman of Osprey Capital. Mr. Hoffmann is the founder
More companies have been looking outside for new leaders, an indication that hiring an outsider has become more of an intentional leadership choice than a necessity. Outsiders accounted for 22 percent of all CEOs brought in via a planned succession between 2012 and 2017, up from 14 percent in the 2005 to 2007 period, according
Boutique executive search firm Phillips Oppenheim has been chosen to find the next president and chief executive officer for Philadelphia’s newest museum, the Museum of the American Revolution. Mark J. Tarnacki and Adelaide K. Jones are leading the search. The museum’s previous leader, Michael C. Quinn, stepped down last March after six years of steering the
Greenwich, Conn-based RSR Partners has promoted Dany B. Berghoff to managing director. Mr. Berghoff, who took over as head of the firm’s global sport and entertainment leadership practice from Joe Bailey in May, will focus on working with clients across the sports, media and entertainment industries. He is also a member of the firm’s hospitality and leisure practice. Mr. Berghoff has
Nearly two-thirds of professionals (63 percent) say they have cut short vacations because of occupational demands and pressure to perform at work, according to a new Korn Ferry survey. The study also found that nearly three quarters (73 percent) said they would prefer a higher salary over more vacation days. According to the survey, staying in
The public sector is in the midst of major transformation. It faces an array of challenges that range from shifting public expectations to budgetary pressures and a growing demand for operational efficiency. To successfully navigate these issues, government organizations need leaders who are focused, tenacious and adaptable, with the capacity to deal with significant scale,
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles International has named San Francisco-based partner Scott Atkinson to lead its venture capital practice. He succeeds Rebecca Foreman Janjic, who earlier this year was appointed the global practice managing partner for the firm’s global technology and services practice. “Heidrick & Struggles has a rich and deep history working with venture
While diversity and inclusion initiatives have become a “must-have” for 21st century employers, actually making them work depends on having a clear plan and framework that resonates with diverse talent and aligns with overall business goals. “Whether it is speaking at a conference, or consulting to help develop strategies that align their talent functions with
Executive search firm Odgers Berndtson has continued its recent expansion with the addition of Nicole Phillips as a partner in the firm’s retail and consumer practices. She will be based in the New York City office. “We’re delighted to have Nicole with us,” said Diane Lavietes, head of Odgers Berndtson’s retail and consumer practices in the U.S. “As we
Vancouver, British Columbia-based PFM Executive Search has placed Cynthia Kinsella as chief development officer of the Greater Vancouver Food Bank Society (GVFBS). “With Cynthia’s proven success of mentoring effective teams and implementing process improvements throughout her career, she will be a valued member of GVFBS’s executive team,” PFM said. Ms. Kinsella has had a 28-year career in
When it comes to successful hiring and retention, pay rules, according to Adecco’s “2018 U.S. Workforce Report: Attracting Talent and Retaining Employees.” The report, which surveyed over 1,000 American workers from coast to coast, said that remuneration is easily the most important job factor. Employees told Adecco that their top job factors were: salary/wages (42
Toronto-based Caldwell has launched a blockchain advisory council aimed at driving the understanding, integration and implementation of blockchain technologies. The new offering for clients is in partnership with blockchain consulting firm, BTblock. “Blockchain technologies carry the potential for substantial impact within our client’s organizations, as they can enable the strategic reorganization of workflows and related structures,”
Toronto-based Vlaad and Company, a financial services executive search firm, has expanded into the U.S. with the opening of a new office in New York City. The expansion increases the firm’s North American presence and helps both American and Canadian firms find top-tier talent in a very tight marketplace, said the firm New York remains
As employers grapple with a highly competitive hiring environment that is causing prolonged job vacancies across the U.S., workers will reap the benefits. According to CareerBuilder‘s ‘Midyear Job Forecast,’ a full 63 percent of employers plan to hire in the second half of 2018, up from 60 percent last year. A substantial percentage of employers said
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
Acquisitions continue to make big news in the executive search industry. The Power of Talent Ltd (Bidco), an entity owned and controlled by investment funds managed by DBAY Advisors, has made a £98.7 million bid to acquire London-based recruitment firm Harvey Nash. The deal must now be approved by 75 percent of the firm’s shareholders to be
In a significant shift from a year earlier, women have made substantial progress in the boardroom, according to Heidrick & Struggles‘ 2018 Board Monitor Report. The report found that women accounted for 38 percent of incoming board directors at Fortune 500 companies, a substantial rise from the previous year’s 28 percent. The findings suggest that
RH Perry & Associates is leading searches for new presidents at Alvernia University and Quincy University. The Alvernia opening comes with the announcement that Thomas F. Flynn, who has led the Catholic university since 2005, will be stepping down next June. The Reading, PA-based school’s next president will have the opportunity to build upon the
Hudson Global Inc. / (NASDAQ:HSON) posted second quarter revenues of $17 million, up 14.7 percent in constant currency, from a year ago. By region, Hudson Asia Pacific led the charge, recording a revenue gain of 39.2 percent and Hudson Europe experienced revenue growth of 3.7 percent. Hudson America, meanwhile, struggled, posting a revenue decrease of 15.7 percent. The New
For all the confidence that CEOs tend to convey, most of them have faced greater struggles in the top job than might be evident. Participating anonymously, leaders in a new study by Egon Zehnder revealed that while they did feel ready for the strategic and business aspects of their roles, they felt much less prepared
For many academic recruiting specialists, business has never been better. Even smaller recruiting outfits have multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Education-focused executive recruiter Academic Search, for one example, recently placed Eileen Goldgeier as vice president and general counsel of Brown
Executive search firm Ventura Partners has expanded with the addition of sports industry veteran Katy Young Staudt as managing director in its sports & entertainment practice. Ms. Staudt will open a Ventura office in Phoenix. “We are thrilled to have someone of Katy’s experience and respect on our team,” said Chad Chatlos, leader of the firm’s sports and
Employers added 157,000 jobs last month as the U.S. unemployment rate dipped to 3.9 percent, according to the most recent U.S. Bureau of Labor Statistics report. The July gain is the 93rd consecutive month of job growth. The number of unemployed people rose to 6.3 million. The results fell short of the forecasts of analysts, who expected 190,000 jobs to
Executive search firm Diversified Search, one of the top 10 executive search firms in the U.S., has placed Amy E. Beiter as the new CEO of Kirkland, WA-based integrated health system EvergreenHealth. She replaces Bob Malte who announced his planned retirement from the organization this spring. Zack Reynolds, a managing director in Diversified’s healthcare services practice, led the assignment.
New York-based executive search firm The Prince Houston Group has placed Mark Anson as chief investment officer of Commonfund, a leading manager for endowments and foundations. In his new role, Mr. Anson will serve on Commonfund’s operating committee and will chair the investment policy and asset allocation committees. He will report to Catherine M. Keating, Commonfund president and chief
Lucille T. Famulary has launched L.T. Famulary Executive Search Consultants, specializing in executive recruiting for healthcare, financial services and law enforcement professionals. The Long Branch, NJ-based search firm was established to match healthcare and financial services companies with professionals in those respective fields. Additionally, the firm assists individuals in law enforcement transition into private-sector careers. “Whether
Major, Lindsey & Africa (MLA) has added Stacey Breen and Peter Van Son as directors in its partner practice group in the firm’s New York office. Ms. Breen is a litigator with over 15 years of experience. She was previously a partner at law firm Wolf Haldenstein Adler Freeman & Herz in New York where she focused on
Executive search firms AETHOS Consulting Group and Greger / Peterson Associates have combined forces to serve the hospitality industry. Greger / Peterson will begin operating immediately under the AETHOS Consulting Group name. “Greger / Peterson has a sterling reputation in the hospitality industry, as well as in leisure, entertainment and media,” said AETHOS managing director and CEO Keith Kefgen.
Organizations are at risk of losing key talent by failing to recognize their potential or doing little, if anything, to develop it, according to a recent survey released by Penna Plc, providers of executive search and interim management services across the public and private sectors. The report, which surveyed 1,000 employees and 1,000 managers, found that a mere
Hospitality search sector specialist The Elliott Group has placed David A. Pace as president and chief executive officer of Jamba, Inc. James D. White is retiring as the company’s CEO after seven years at the helm. The board was seeking a CEO who had a strong track record of success, financially and operationally, as a leader in a
Executive search consultant Chris Reinsvold has launched Reinsvold & Associates, LLC, an executive search and strategic consulting firm dedicated to serving the industrial and energy sectors. The firm, based in Houston, plans to name recruiting consultants in coming months. Mr. Reinsvold has more than 25 years of management experience primarily in roles dealing with strategy, leadership, business transformation, engineering
Brentwood, TN-based The Human Capital Group, Inc. has placed Cris DeBord as vice president of talent and culture (CHRO) at West Virginia University. Steve Hayes, founder and senior partner at the Human Capital Group, led the search. Founded in 1867, WVU is a public university with a total enrollment of more than 29,000 students. Previously, Mr. DeBord was
Executive search firm Conroy Ross Partners has formed an alliance with Optimum Talent, a privately owned integrated talent management firm. Through the partnership, the companies have acquired the Vancouver office of career transition services provider Toombs Inc. Financial terms of the deal were not disclosed. The venture between the two firms is seen as a strategic move that solidifies an existing partnership
Enlisting talent for small and emerging companies is a balancing act. Delay can be costly on many levels. But jumping too soon has its hazards as well. Companies must be able to gauge when and where their hiring needs will arise, then act. At smaller companies, hiring decisions are oftentimes amplified and carry big consequences,
Executive search firm Hanold Associates has placed Sharon Quiles as chief human resources officer (CHRO) of Riddell. Partner Kile Hanold led the search. Ms. Quiles was previously an HR leader at Underwriters Laboratories (UL) where she built out the entire HR infrastructure following a consolidation of three global business units that had 1,400 total employees. Prior to that she served
Heidrick & Struggles has recruited Kirill Tatarinov as president and chief executive officer of Citrix. He replaces Mark Templeton who stepped down as president and CEO after serving in that position since 1998. With 30 years of industry experience, Mr. Tatarinov has a long track record overseeing product strategy and commercial operations in software and services.
Plymouth Search Partners – Signium has named Mark S. Fogel as managing director in its New York City office. He will add a suite of human resources consulting, coaching and assessment services to his search practice which is focused on manufacturing, financial services, retail, and education sectors. Mr. Fogel formerly served as chief human resources officer (CHRO) for
Executive search firm Taylor Strategy Partners (TSP) has expanded its staff with the addition of Ken Amicon as managing director in its executive and professional search practice. Mr. Amicon brings over 20 years of executive and professional search experience to TSP in the payer, provider, health and property & casualty insurance sectors. He has conducted a
Seventy-four percent of HR leaders have identified leadership succession and speed of development as the primary internal challenges they face, according to a just-released survey by talent solutions provider Lumesse and research company Loudhouse. The identification of tomorrow’s leaders is crucial to mitigate against the loss of critical talent in the future, something that 73 percent of
DHR International has recruited Guenter Butschek as managing director and chief executive officer of Tata Motors. Frank Smeekes led the assignment along with Amélie Bonneville, director talent acquisition (Europe), and Lorenz Pestinger, vice president of talent acquisition (Asia-Pacific). The search involved 300 candidates, representing 17 nationalities. Mr. Butschek will lead all operations of Tata Motors in India
Washington, D.C.-based executive search firm Vetted Solutions LLC has placed Brian Costanzo as president and chief executive officer of SOCAP International. He replaces Matthew D’uva, who spent nearly a decade with the organization and announced his decision to move on in June. The search was led by Vetted Solutions president James Zaniello and search partner Richard Green. Together, Messrs.
Russell Reynolds Associates has strengthened its global pharmaceutical, biotechnology and non-profit practices with the addition of Waseem Noor as a consultant. He will assess and recruit senior executive leaders and board members for client organizations in his industries of focus. Based in the firm’s New York office, he specializes in the assessment and recruiting of senior
AC Lordi, a provider of accounting and risk management consulting and executive search, has split-off of its recruiting practice into a new stand-alone company, Xplora Search Group. AC Lordi Search leaders Jeff Olshin and Kevin Vesci will take the management reins as co-owners of Xplora, exchanging their interests in AC Lordi for 100 percent ownership of the
Randstad Holding, a firm specializing in solutions in the field of flexible work and human resources services, is leading a seed financing in Focus Orange Technology through its Randstad Innovation Fund (RIF). Randstad’s service offerings range from regular temporary staffing and permanent placements to in-house, professionals, search & selection, and HR Solutions. The investment is centered around
Boston-based Pillar Search has been retained by WildAid to lead its search for a new managing director, U.S. operations. Pillar Search founder, Cindy Joyce, is leading the assignment. Reporting to the chief executive officer and the managing director programs in his absence, the managing director for U.S. operations will primarily be a manager, overseeing all U.S. staff. The
Boutique executive search firm Third Street Partners has added Amanda Grant as a principal. She comes to Third Street Partners with considerable leadership experience, having served as the managing director and head of institutional client service at Columbia Management, a global asset manager where she helped facilitate the firm’s sale from Bank of America to Ameriprise Financial. During her
Executive search firm Furst Group has placed Paulette Davidson as chief operating officer of Regional Health. In this position, she will focus on clinical operations and strengthening corporate culture to benefit patient care and services. She will also oversee several key leaders within Regional Health. Ms. Davidson, a certified medical practice executive (CMPE), comes to Regional
Executive search and consulting firm The Newport Group has opened a new office in Wichita Falls, Texas. The location will serve to augment the recruiting and consulting efforts of the firm’s Texas operations, while providing additional resources to its offices across the country. Recently promoted vice president Brad Ellis will be charged with managing the day-to-day operations at
Korn Ferry has recruited Hue Jackson as the new head coach of the Cleveland Browns. He becomes the team’s 16th head coach and replaces Mike Pettine who was fired following a 3-13 season. Jed Hughes, the firm’s vice chairman and global sports sector leader, led the assignment. Mr. Jackson is a 29-year coaching veteran with 15 years of NFL experience. He comes
Global leadership advisory firm Allen Austin has launched a new search practice in the burgeoning field of life sciences and healthcare. Brian A. Johnston and Steve Leatherman have been named co-sector practice leaders. “Our life sciences & healthcare practice addresses the demand for a new generation of talent to transform life science and healthcare’s ever-changing landscape. I am
MRINetwork, the executive search subsidiary of CDI Corp., has appointed Jill Albrinck as its new president. “Jill will drive a new phase of strategic growth for MRINetwork,” said Scott J. Freidheim, president and CEO of CDI Corp. “Jill’s leadership experience and track record of successfully growing businesses makes her the right person to leverage MRINetwork’s 50 years of innovation in talent solutions.”
The Woodlands, TX-based executive search firm D. Hilton Associates has placed Tracy McCord as vice president of marketing at East Idaho Credit Union. Ms. McCord comes to East Idaho C.U. from Mid Missouri Credit Union, where she most recently was SVP of marketing. Over 16 years, she served in multiple roles at Mid Missouri, including VP of marketing and marketing
Karl Schorman has joined HVS Executive Search as a director in Europe. He will be based in the firm’s London office. Mr. Schorman has over 25 years of experience in executive search in the travel, hospitality and leisure industries, across all management disciplines for hotel companies, restaurant chains, food service providers, hospitality & event caterers, and other
While boards consistently rank human capital as a top priority, two thirds of HR professionals believe the chief HR leader is undervalued by the CEO, this according to a just-released Harvey Nash ‘Human Resources Survey. The report tallies the views of 1,253 HR leaders from over 30 countries. Almost half believe the HR leader is considered less important
Egon Zehnder has placed Robert Palleschi as president and chief executive officer of TGI Fridays. He replaces Nick Shepherd who stepped down from the company in October. Mr. Palleschi has spent the past 12 years at global hospitality company, Hilton Worldwide. He currently serves as global head of full service brands, where he oversees all franchise