Rise Asset Development Taps Waterhouse Executive Search to Find New Leader

December 5, 2017 – 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 plenty of work looking for candidates.

Waterhouse Executive Search has recently been selected by Rise Asset Development to find its next chief executive officer. Senior partner Jon Stungevicius is leading the assignment, along with director of research Amy Oliveira.

Rise Asset Development is looking for an inspiring leader with a passion for social causes ideally in the mental health sector, said the search firm. The group would also like someone who can think strategically, build strong business relationships and who has an exceptional track record in revenue generation for social causes through partnership development, philanthropy and fundraising.

The incoming leader must have substantive leadership (at least 10 years) in an executive and senior leadership capacity demonstrated through progressive experience in complex organizations, ideally focused in the advancement of social causes, said the search firm.


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The Role

As CEO, the executive will be responsible for successfully achieving the vision and mission of the organization. Waterhouse cited key accountabilities, such as: overall strategic leadership and accountability for all aspects of Rise, including oversight of operating plans, budgets and major strategic priorities including driving the execution of the our national scale expansion strategy; cultivating, building and sustaining effective partnerships with stakeholders, donors, media, governments and other community partners; and leading revenue generating and fundraising activities to support existing program operations as well as national expansion.

The firm added that the right candidate must have proven experience and acumen in business, financial and human resource management with an ability to manage risk and measurable improve organizational effectiveness through efficient utilization of resources.

Headquartered in Toronto, Rise Asset Development invests in entrepreneurs with a history of mental health or addiction challenges. It is a registered charity that works to empower business owners with access to financing and business support.

Within the next five years, Rise has plans to become a national organization extending support to entrepreneurs across Canada. Its geographic focus will be Eastern and Western Canada as well as Northern indigenous areas.


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Canadian Search Veterans

Waterhouse Executive Search provides executive search services to a wide array of business sectors across Canada and throughout the Pacific Northwest. Headquartered in Vancouver, British Columbia, the firm has executive search practitioners operating in major cities including Saskatoon, Winnipeg, London Ontario, Toronto, and Bellevue, WA. It has managed a wide variety of client engagements in the public, private and not-for-profit business sectors.

Mr. Stungevicius is focused on the recruitment of highly specialized professional and leadership talent for a broad variety of disciplines (finance, human resources, information technology, public sector, not-for-profit, healthcare, and business operations, among others).

He has led over 200 executive search assignments in both the broader public and private sectors and has conducted search assignments on both a provincial and national basis. From an industry perspective, Mr. Stungevicius’ experience includes government assignments at the federal, provincial and provincial levels, including for funded agencies, commissions, healthcare and a range of not-for-profits. From a private sector perspective, his experience has covered a range of verticals which includes, technology, financial services, retail and manufacturing.

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

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