Penrhyn Expands in Central and Eastern Europe
November 3, 2017 – Penrhyn International, a global network of executive search firms, has strengthened its footprint within Central and Eastern Europe (including Russia) with the addition of TheXecutives.
The firm will join forces with existing German member LAB & Company, strengthening the Vienna office and enabling both firms to gain wider regional expertise.
TheXecutives, with offices in Vienna and Moscow, is managed by Dominik Sonnberger and Mladen Kasagic. Its main areas of focus are industrial and automotive, retail, logistics, utilities and FMCG.
Michael Herst, Penrhyn International chair, said the addition is a plus for clients. “We welcome this new relationship between LAB & Company and TheXecutives, which reinforces our capabilities within Central and Eastern Europe and now gives us a strong presence in the Russian market, which is an obvious benefit for our international clients with requirements in this market,” he said.
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“Introducing TheXecutives into the existing LAB group structure provides a strong win-win for both organizations – combining our leading reputation in the German market with their significant expertise in Central and Eastern Europe,” said Frank Beyer, president, LAB & Company.
Dominik Sonnberger, managing partner of TheXecutive, added: “Our deep knowledge of Central and Eastern Europe as well as Russia enables us to bridge cultural gaps. Joining forces with LAB and subsequently Penrhyn will benefit our domestic clients in their global expansion as well as LAB’s and Penrhyn’s clients in their expansion into Eastern Europe and Russia.”
Accessing Global Talent Pool
Penrhyn International is a global network of executive search firms, with offices in more than 40 cities globally.
Recently, Penrhyn 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, Australia and UAE.
Dotto ReSearch, an executive search firm with a strong portfolio of international clients in northern Italy, recently joined Penrhyn. Founded in 1985, and with offices in Verona, Pordenone and Milan, the senior leadership team consists of owner and managing director Giovanna Dotto and partners Alessandro Vergine and Claudio Zuccolotto. Key sector expertise includes industrial and automotive, financial services, logistics, utilities and retail, aviation, food & beverage and consumer goods.
In addition, the Penrhyn network made a strategic expansion into North America with a joint venture partnership between Canadian executive search firms Leaders & Co and Davies Park Executive Search. With offices in Montreal, Toronto, Ottawa, Winnipeg, Saskatoon, Edmonton, Calgary and Vancouver, Leaders & Co. / Davies Park Executive Search specialize in board-level positions, leadership succession, and executive recruitment assignments based on fundamental, in-depth research on human capital, providing a seamless and human-centric approach to executive search.
Late last year, Penrhyn elected Mr. Herst as chairman and Charles Lew as director and treasurer. Mr. Herst, a partner at U.K. member Osprey Clarke, has played an active role since joining the board in 2012, including periods as both treasurer and vice chairman. Mr. Lew established Coleman Lew & Associates in 1979. Over the past 37 years, he has conducted more than 375 search engagements, and has built a national reputation in the search industry.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media
