June 20, 2016 – Russell Reynolds Associates has acquired Norway-based leadership consulting and executive search firm Amrop AS. Financial terms of the deal were not disclosed.
According to the firm, client demand for an expanded Nordic hub has grown, as Scandinavian markets have taken leading positions in global industries, including energy, aquaculture and shipping. Norwegian funds in the region have also become increasingly significant investors and have pioneered best practice boardroom governance and diversity – setting the benchmark for companies worldwide.
Amrop AS will adopt the Russell Reynolds Associates name. The Oslo office will be led by former Amrop managing partner, Harald Kringlebotn, who will serve as country manager.
Bringing Global Solutions to Clients
“We are very proud to become part of Russell Reynolds Associates’ outstanding team, which we have admired over the years,” said Mr. Kringlebotn. “We share their ambition to act as next generation leadership advisors to our clients – ensuring excellent leadership, diversity and governance by challenging the closed circles that have dominated executive and non-executive positions in the past.”
“The Norwegian team is the perfect fit for our brand and our culture. We have followed them closely over the last three years and have been impressed by their continuous growth and outstanding reputation. Together we can serve all our clients’ needs across the Nordics,” said Jim Hinds, Russell Reynolds managing director for Europe. “Clients want us to bring global solutions to their current and future business needs. We help them see around corners so that they are prepared for what is next. We are thrilled to have such a great team in Oslo to enhance this capability in the Nordic region and contribute to our ongoing success.”
Recruiter Rankings: Global 25
This year Hunt Scanlon reviewed an exhaustive list of global recruiting providers and culled it down to the top 25 global talent providers that now dominate the recruiting business worldwide.
“Our expanded Oslo office will be another important step in our growth strategy, and our ability to serve clients in a global market,” Clarke Murphy, chief executive officer of Russell Reynolds in New York.
In a further move to expand its global footprint, Russell Reynolds recently launched a new office in Montreal. Brigitte Simard, a managing director with international executive search experience, was appointed to lead the firm’s new operations there.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media