DAILY NEWSWIRE - TOP STORIES
Companies are increasingly making the care of their people a top priority. At the dawn of a new decade, the chief well-being officer is pulling up a seat at the C-suite table, says Joseph Fournier of InveniasPartners. The role is instilling resilience and total well-being into organizations and their employees.
Research has revealed a paradox at the heart of current debates around upskilling. On the one hand, the vast majority of U.S. workers believe it’s imperative to train for and develop new skills in order to keep up with changes in the workplace.
It’s an all-out war for talent these days, according to recruiters and talent leaders, and that’s making demand for executive search firms stronger than ever.
U.S. employers expect the hiring pace to remain steady into the first 90 days of 2020.
It’s been a good year for Caldwell. The Toronto-based executive search firm has just posted fourth quarter revenues of $21 million (all dollar figures Canadian), an 11 percent increase from a year ago when the firm recorded revenues of $18.7 million. Full year revenues rose by 7.9 percent, from $66.5 last year to $72.1 million. Fourth quarter net
If you’re in the recruiting industry today, your job might be unrecognizable in five years — even if you retain the same job title. That’s because the role of recruiters and how your job is done is swiftly evolving. “Recruiter” is one of the most in-demand jobs as businesses brace for a future where talent is
Download this guide to learn how to streamline and optimize your operations and ultimately deliver higher-quality candidates to your clients.
Toronto-headquartered Optimum Talent has expanded with the additions of Mark Shayna as vice president and market leader of executive search in Manitoba and Debbi Ragogna as vice president of executive search in Toronto. Mr. Shayna has had a 30-year career in sales and recruitment. After 12 years working with Xerox Corp., Baxter Corp. and Pharmacia, he made
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?
Dubai-headquartered executive search firm Pedersen & Partners named Alvaro Arias Echeverria as global head of the firm’s private equity practice group. Mr. Arias Echeverria has been in charge of Iberia and Latin America at Pedersen & Partners for almost a decade and has co-headed the global private equity practice for over two years. With more than 15
After vetting several national search firms, American University in Bulgaria (AUBG) has retained the services of Boston-based recruitment firm Lindauer to find its next president. Past president Steven Sullivan announced that he will be returning to his full-time teaching position at the school. Recruiters Jill Lasman and senior consultant Gretchen Dwyer are leading the search for his replacement. David
London-based executive search firm Wilton & Bain has recruited Peter Rampling as chief commercial officer and Dale Kirkwood as chief technology officer of Community Fibre, a gigabit broadband U.K. internet service provider with a vision to deliver full fiber coverage to 500,000 homes in London. Jay Siddiki and Daniel Harrison, both principals within the global telecoms, media and technology functions at Wilton & Bain, led
Solomon Page has expanded with the addition of Luigi Frezza as managing director and global practice lead for life sciences. Reporting to president and global practice leader Marc Gouran, he will be based in the firm’s London office and drive the growth of the life sciences team globally by partnering with companies in the pharmaceutical, biotech,
Executive recruitment firm Russell Reynolds Associates has added Zack Deming as a consultant in the firm’s industrial practice and Americas practice leader for transportation and logistics. Based in Atlanta, he will be expected to work closely with transportation, logistics, airports and aviation-related companies, as well as private equity and infrastructure funds that invest in this space, to advise them
Brentwood, TN-headquartered recruiting firm Vaco continues to expand, recently opening a new office in West Palm Beach, FL and adding two key leaders: Matt Walter becomes co-managing partner of the technology practice and Albert Llodra joins the firm as managing director. South Florida is a key growth market for Vaco, serving more than 7,000 clients and some
The old paradigms of the global economy have experienced a tectonic shift over the past few years, and perhaps the most significant of them is this point of view: Emerging economies grow at high rates and developed economies grow more slowly or are in decline. “This dictum has been turned on its head recently – nowhere
Many academic recruiting specialists say business has never been better. Even smaller recruiting outfits are handling multiple assignments running concurrently, all at the senior levels. With so much activity, it seems, talent demand is far outstripping the supply. Just recently, both Ohio State and Emory University chose Isaacson, Miller to lead their respective president searches as
The Christopher Group (TCG) has placed Jennifer Lentine as the new head of total rewards at Nu Skin Enterprises. The search was completed in just 45 days by recruiters Nathaniel Schiffer, Kristen Pace and Amy Bott. “I am thrilled to have once again partnered with The Christopher Group to find extraordinary talent to join my team,” said Jeff Bettinger, CHRO at Nu Skin.
Charlotte, NC-based executive search firm HARTZ Search has appointed Carol Maxwell as managing director and leader of its Dallas office. The firm said that it expects her to be an invaluable asset. “We are excited to announce the addition of Carol Maxwell to our leadership team at HARTZ Search,” said Mike Hartz, president and CEO
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
William Funk & Associates, which specializes in recruitment for roles in higher education, has assisted in the placement of Jonathan Holloway as the first black president of Rutgers University. He was selected from a pool of more than 300 applicants. R. William Funk, president of the Dallas-based recruitment firm, led the search. Robert L. Barchi
Chicago-based Hanold Associates has expanded with the addition of Joe Costello as a partner. He specializes in recruiting executive level HR leaders across industries. His core focus is on technology, private equity and medical devices with a broader focus in the healthcare industry. “While we specialize in HR across industries, we are looking to continue adding depth
Dale E. Jones and Andrew Wheeler of Diversified Search have placed Honest Company CFO Muhammad Shahzad and former Kids2 CFO Lorna Street as members of the board of trustees for the March of Dimes Foundation, a non-profit fighting for the health of mothers and babies. In their roles as trustees, they will share their unique skills and knowledge to address the country’s urgent
Executive search firm Fisher Leadership has placed the new chief executive officer for Merri Health, one of the largest community health providers in the state of Victoria, in southeast Australia. Tassia Michaleas, who had been general manager, family and community, with Merri Health, is charged with driving future growth in metropolitan and regional areas, said Melbourne-based
IIC Partners Executive Search Worldwide has expanded with the addition of executive recruiters Teamconsult as its newest member firm. Located in Prague and Bratislava, Teamconsult will substantially strengthen IIC Partners’ position in the Central and Eastern European region. Teamconsult is focused on serving international organizations with business operations or investment interests in Czechia and Slovakia. The firm’s
Greenwich Harbor Partners has placed former Under Armour executive George Hanson as the new chief digital officer of Panera Bread. Managing directors Ted and Carrie Pryor led the assignment. “This was a nationwide search and we talked to everyone who we thought were appropriate for the position,” said Mr. Pryor. “We were looking for experienced senior ecommerce
Minneapolis-based CohenTaylor Executive Search has been enlisted to find the next president and CEO for Junior Achievement of the Upper Midwest (JAUM) in St. Paul, MN. “JAUM is currently seeking a dynamic and visionary leader to guide the organization through its next phase,” said CohenTaylor. “Working with the board of directors, the president/CEO provides vision and
Rochelle Schumer, president of R&L Associates, a recruitment provider specializing in placing search professionals within the headhunting sector, has assisted in merging veteran life sciences recruiter Jennifer Chase and her firm, ChasePartners, with ZurickDavis, a search firm that recruits executives and physician leaders for healthcare organizations. “We are delighted to be part of growing the
Boyden has created a new global private equity and venture capital practice and named Anita Pouplard, a managing partner of Boyden France, as its leader. “Anita was our board’s unanimous choice to lead our global private equity and venture capital practice, which has been growing for several years in succession,” said Trina Gordon, president and CEO of Boyden.
Organizations today recognize that it is critical and imperative to add technology-savvy leaders to lead in the coming decades of uncertainty. As IRC Global Executive Search Partners’ technology practice grows across all regions, it has decided to further strengthen its global team. Ron Magen, from IRC Israel, has been named as the new EMEA technology
Wilton & Bain recently launched its groundbreaking SWITCH (Senior Women in Transformation & Change) network in North America, which brings together C-suite women across industries and functions. Members who operate at an executive or board level position or are in positions that are crucial to influencing and driving change in organizations have now joined arms.
Executive search, leadership consulting and culture shaping services provider Heidrick & Struggles has recruited Jill Tiefenthaler as the first female CEO of the National Geographic Society. The search included a review of more than 100 candidates. She will succeed former Heidrick CEO Tracy R. Wolstencroft, who was placed in the top role of the National Geographic Society by Russell
Executive recruiting firm SearchWide Global recently placed Craig Davis as the new president and CEO of VisitDallas. Mike Gamble, president and chief executive officer of SearchWide Global, led the assignment. The search firm had been seeking an executive with knowledge of the travel and tourism industry, its distribution channels and its customer base. “Craig stood out among many
Ernst & Young (EY) has further enhanced and expanded its capabilities in its People Advisory Services (PAS) business with the acquisition of strategic people consultancy PeopleFirm, a leader in delivering workforce and organization strategy, performance management, diversity and inclusion, leadership and culture work. Financial terms of the deal were undisclosed. PeopleFirm is a leader in delivering
Executive recruiters continue their hot pursuit of chief human resource officers and other senior-level HR leaders across the nation. Just recently, Koya Leadership Partners placed Zenobia Hargust as the new CHRO of Saint Joseph’s University (SJU) in Philadelphia. Koya vice president Amy Sugin led the search along with consultant Charlotte Harris. SJU, a Jesuit university,
One year from now, the European Union’s General Data Protection Regulation (GDPR) goes into effect. The law will have a tremendous impact on how companies, government agencies and, yes, executive search firms across the E.U. — including the U.K. — handle personal data. Ignore the law and you can expect tough penalties for failing to comply.
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
Search firm Buffkin / Baker has merged New York-based WTW Associates into its expanding executive recruiting platform. WTW, a talent provider focused on the media, entertainment, technology and law industries, will integrate its operations into the Buffkin / Baker New York office. Terms were not disclosed. “We have greatly enhanced our entertainment/media practice this year, and are excited to have
Executive search firm Carmichael Fisher has recruited Dr. Richard Hatchett as chief executive officer of the Coalition for Epidemic Preparedness Innovations (CEPI). Principle consultant Tarquin Bennett-Coles led the assignment along with managing director Justin Hobday. Dr. Hatchett joins the organization from the Biomedical Advanced Research & Development Authority (BARDA) at the U.S. Department of Health and Human Services (HHS),
Penrhyn International, a global network of executive search firms, has launched a new global technology, media & telecoms practice group, led by Yanouk Poirier, managing partner of Montreal-based search firm Leaders International. It brings together search consultants who specialize in the technology, media & telecoms space throughout Canada, the U.S., the U.K., France, Italy, Japan, the Philippines,
Historically, the balance of power between employers and candidates has favored employers. Candidates had few sources of information about open positions, corporate culture or company vision, let alone compensation and benefits. But the talent market is changing. Big time. Candidates today report a dramatic increase in the amount of information they have about a company
For executive search firm leaders, serving in a board capacity for outside companies can be rewarding on several levels. There’s service to a company, of course. But a lot of valuable learning also goes on in such work, be it about emerging trends, the latest ideas or the hottest businesses and their talent. It also
Executive search firm Coulter Partners has placed Dr. Sonia Quaratino as chief medical officer of Kymab Group, a human monoclonal antibody biopharmaceutical company. She will manage the clinical development of the organization’s expanding therapeutic antibody portfolio. Dr. Quaratino is an immunologist and joins Kymab from Novartis, where she served as global clinical program leader – transitional clinical oncology, responsible for
The Atlanta Hawks has retained Turnkey Search to lead its hunt for a new general manager. The team fired past GM Wes Wilcox after the Hawks record dipped to 43-39 this past season and the team lost to the Washington Wizards in the opening round of the playoffs. “As we have said from the beginning, we are committed to
Executive search firm RSR Partners has named Talal Debs as a managing director and head of its risk practice. With a strong combination of risk management, finance, and academic experience, Mr. Debs will focus on recruiting senior executives and directors to navigate new risk, regulatory and compliance issues for clients. His areas of concentration will include insurance, investment banking, trading and
When businesses have high profile, top leadership roles to fill, executive search firms can provide indispensable service. The best recruiters walk alongside a client at every stage of the hiring process. They know the questions to ask that help define the requirements of the role. They take the time to thoroughly understand company culture. And
The University of Chicago has enlisted search firm Spelman Johnson to find its next chief of police. Vice president Mark A. Hall is leading the assignment. The school is looking to have a new leader in place by July. The role calls for a range of skill sets, including planning, organizing, directing and administering the policing initiatives of
Visit Aurora has appointed Bruce Dalton as president and chief executive officer following a search led by recruiting firm SearchWide. He succeeds Gary Wheat, who established the organization in 2010. Senior vice president Mark Gnatovic led the assignment. Mr. Dalton is a second-generation leader in the hospitality industry. He comes to Visit Aurora with 29 years of industry experience,
Executive search firm Ratliff & Taylor has appointed Beth Sweeney as its new president. An accomplished leader with deep industry experience, she has been widely recognized for her work in sales and marketing throughout a 20-plus year career. As president, Ms. Sweeney will have full profit-and-loss responsibility for each of the company’s three practices: executive search, leadership
Focus Search Partners, the executive search division of talent solutions provider Vaco, has brought aboard Richard D’Antoni as managing partner of the firm’s healthcare and private equity practices. Mr. D’Antoni has more than 20 years of experience in matching high-performing executives with leading healthcare companies, ranging from venture capital and private equity-backed portfolio companies to publicly held organizations.
Predicting the future could practically be its own business sector. Whether the prognostications are coming from the Magic 8-Ball, Punxsutawney Phil or CNBC’s Jim Cramer, people want to know what lies ahead. So it was that Hunt Scanlon Media rounded up a collection of soothsayers from the search industry to provide their insights about the changes that
Odgers Berndtson has expanded with the addition of two search specialists with deep sector expertise to bolster its technology, and higher education & academic medicine practices. Lisa Hooker joins Odgers as a partner and will serve clients in the firm’s technology practice. Ms. Hooker brings 20-plus years of executive search expertise in telecommunications, consumer electronics, cloud
ZRG Partners, the fastest growing search firm in the U.S., has opened an office in London, continuing on its massive expansion trajectory. Steve Banks will head the operation as managing director and U.K. country head, bringing a strong background to support the firm’s plans for the region. By the end of the year, ZRG expects to
With an evident need among client companies growing and an opportunity to expand ancillary services offerings to meet that demand, a number of executive search firms are launching or adding to their leadership consulting advisory practices. This month, Spencer Stuart announced three appointments to its leadership advisory services group in Europe, the Middle East and Africa (EMEA). Brought on board
Executive search firm Isaacson, Miller has placed Damian Woetzel, a renowned former principal dancer for the New York City Ballet, as the seventh president of The Juilliard School. For the last 32 years, Joseph Polisi has served as the organization’s president. Isaacson, Miller chairman John Isaacson led the search with vice president Sheryl Ash and associates Katie Rockman and Cortney
The executive search industry’s leading 50 players in North America topped $3 billion in revenues last year, according to industry newsletter ESR, in a market report released today by Hunt Scanlon Media. The group collectively jumped by almost 10 percent, continuing an incredible run for an industry that just a decade ago was left reeling
After putting out an open casting call for executive search firms to assist USA Gymnastics in its hunt for a new chief executive officer, Russell Reynolds Associates has taken the rings of this highly coveted sports assignment and commenced a highly anticipated global talent search. Managing director Nada Usina is leading the undertaking with consultant Libby Naumes. The
Healthcare is among the most rapidly growing employment fields, according to analysts at Hunt Scanlon Media, which tracks trends in the executive search and leadership solutions space. This has led to an increased need for recruiting firms to deliver top-drawer leaders throughout the sector. To that end, search firm Wheless Partners has recently placed Patricia Dennis as chief executive officer of
CDI Corp. / (NYSE:CDI) posted first quarter revenues of $187.6 million, a decrease of 19.7 percent from revenues of $233.5 million a year ago. The revenue decline was impacted by the sale of CDI AndersElite Limited (“Anders”), which was sold in September 2016. During the quarter, MRINetwork, the company’s executive search subsidiary, reported revenues of $11.3 million, a 7.1 percent decline, compared
AIMS International has added Norway-headquartered search firm RUUD Executive. The firm is led by managing partner Tor-Egil Ruud, who has over 17 years of experience in recruitment, executive search, and leadership services from several national and international market-leading companies. He has conducted over 250 national and international assignments. “This partnership is very important for us: We are now able to
Retaining new hires is on the minds of leaders at the vast majority of companies these days, according to a recent report by Korn Ferry’s Futurestep division, which provides advisory services and recruitment services for middle to upper level management. Ninety percent of the executives surveyed, in fact, said this is an issue for their companies. What’s more,
Celebrating its 70th anniversary this season, Chicago Youth Symphony Orchestras (CYSO) has appointed Susan Lape as executive director, following an executive search process led by Arts Consulting Group (ACG). She succeeds former executive director Joshua Simonds. Ms. Lape most recently served as executive director of the Lake Forest Symphony, the only fully professional orchestra in Lake County, IL. Since 2012,
ATA International, which promotes and teaches the martial arts, has chosen Neil Morton as its new chief executive officer. Search firms LH International of New York, and ASCENT Select Talent Capital of Greensboro, NC, worked cooperatively on the assignment. ATA International, formerly the American Taekwondo Association, is based in Little Rock. With more than 950 licensed locations around the
Leaders at the best companies know that diversity matters. Not only are the firms that pay attention to such matters rewarded with better financial returns, but they gain perspectives and insights that would otherwise be lost to them. Well aware of this trend, Stanton Chase International has appointed Becky Heidesch as a director and North American diversity &
There have been a number of top leadership appointments at search firms since the start of the year, many focused on strategy, growth, branding efforts and operations. The latest: Executive search firm Cobalt Recruitment has named James Wakefield as its new chief executive officer. Mr. Wakefield joined Cobalt in 2007 coming from the management team at Michael Page
Now that Millennials make up more than half of the American workforce, HR professionals are increasingly concerned about how to best cater to their workplace needs. Talent acquisition leaders recommend everything from nontraditional employee benefits like telecommuting and flexible leave to glamorous team retreats to help managers bolster their Millennial appeal. Problem is, it’s not working. Millennials