Recruiters See Heightened Demand for Private Equity Portfolio Leaders

March 2, 2017 – Tatum, an interim services and executive search firm, has appointed Chris Shaw to regional partner of private equity services. In this new capacity, Mr. Shaw will be responsible for maximizing prospective portfolio companies and building relationships with private equity groups in New York, New Jersey, Connecticut and Pennsylvania.

Mr. Shaw brings 16 years of financial experience, having worked on both the sell-side and buy-side of private equity and investment management. Most recently, he served as managing director at Oberon Securities, where he examined and identified high growth investment opportunities and worked with client management throughout the capital raise process.

In previous roles, Mr. Shaw worked as a senior investment banker at Middlebury Securities, and investment manager of the structured finance group at Viking Asset Management. He has vast experience in new business origination and private placement capital markets, all of which is likely to serve him well in his new role.

“Chris’s valuable private equity experience and sales & business development skill sets are instrumental as we work to strengthen Tatum’s capabilities in helping private equity firms and their portfolio companies confront challenges arising at any stage of the business cycle,” said James Hickey, national managing partner of private equity services for Tatum. “His knowledge of both sides of the market makes him a strong asset to our team, and an integral contributor to our commitment to grow the business, specifically in such an important market as the Tri-State and Pennsylvania area.”

“I am honored to join the Tatum team and serve the Northeast private equity market,” said Mr. Shaw. “My background and experience in private equity, hedge funds and investment services will prove valuable in working with clients to optimize their investment returns and maximize private equity performance. I’m excited to get started and contribute to Tatum’s continued success.”

Tatum, a Randstad company, operates offices in 10 U.S. markets, with a network of executives across the country. The firm’s four areas of capability include recruiting interim finance and technology executives for defined timeframes; end-to-end search solutions; staff augmentation of accounting, finance and technology professionals; and executive search.

Continued Expansion

Tatum recently named Keith Neus as national managing partner of its technology practice. 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. Most recently, Mr. Neus spent the last three years as national accounts director for Randstad Technologies in its B2B workforce and solutions organizations.

Tatum also appointed Macon Albertson as its new president. He replaced Kathryn Bolt, who held the role on an interim basis but will continue to serve as group president of Tatum and Randstad Professionals. Mr. Albertson was senior vice president of Randstad Professionals, overseeing business development and service delivery for the firm’s Northeast, Southeast and Midwest regions. He has more than 20 years of experience in the solutions, consulting and recruiting industries.

Sidestepping Talent Gaps With Interim Employees

According to a recent report released by CareerBuilder and Economic Modeling Specialists International, hiring temporary and contract employees can help businesses sidestep talent gaps and remain nimble. The study shows more companies will be tapping into this labor segment, with temporary employment expected to add 173,478 jobs from 2016 to 2018 – an increase of 5.9 percent ….. Here’s some further reading from Hunt Scanlon Media.

Massive Shift to Contract Employment Underway
By 2025, 52 percent of C-suite executives say their organizations will be much more committed to building an agile workforce and the average employer expects 68 percent of their workforce to be comprised of agile talent. Here’s why.

“Today, nearly three million people are employed in temporary jobs, and that number will continue to grow at a healthy pace over the next few years as companies strive to keep agile in the midst of changing market needs,” said Kyle Braun, president of CareerBuilder’s staffing and recruiting group. “Opportunities are opening up in a variety of occupations and pay levels, and this is a trend we’re seeing in a wide range of industries and company sizes.”

It’s no wonder why executive search firms have been bulking up their interim search services as a result.

U.K.-headquartered executive recruiter Norman Broadbent recently named Angela Hickmore as managing director of Norman Broadbent Interim. Ms. Hickmore has over 25 years in the recruitment industry and an in-depth knowledge of the senior level interim management sector. She previously served as a partner with BrightPool, the sister company to Interim Partners, a specialist recruitment firm operating in the financial and professional services markets.

“Norman Broadbent Interim Management gives clients this agility, enabling them to fill critical skill gaps with high caliber interim executives,” Ms. Hickmore said, adding that interims allow clients to take advantage of a more agile, immediate and holistic approach to resolving talent gaps.

Sydney-based executive recruiters Watermark Search International launched a new interim search practice in Melbourne and appointed Jacinta Whelan as its leader. The practice focuses on interim appointments in both public and private sectors with a particular emphasis on CEOs and COOs, senior executives in IT, human resources specialists, project and program management experts and business turnaround and change consultants.

Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media

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