August 11, 2016 – Executive search firm Russell Reynolds Associates has added Jennifer Doidge as a member of its financial services practice. She will focus on executive recruitment in payments and technology. In addition, she will also lend her expertise to the firm in corporate communications executive search.
Ms. Doidge has a long track record of counseling top companies across the technology, financial services and consumer industries. Prior to joining Russell Reynolds, she served as vice president of global corporate communications at BlackBerry, where she led the company’s communications strategy and directed all internal and external communications as part of its transition and strategic turnaround.
Before that, she spent nearly a decade with Visa as a senior leader in its corporate communications function, directing communications around key initiatives including client-merchant relationships, regulatory and security issues, employee engagement and executive thought leadership. Earlier, she was a VP at Fleishman Hillard, where she led communications programs for a variety of clients in the financial services and consumer technology sectors. Ms. Doidge began her career at SSR Realty Advisors (now BlackRock), where she the firm’s supported risk management and communication efforts.
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“Jennifer’s expertise in the fintech, mobile and payments spaces, along with her broader corporate communications experience, will add tremendous value to our client organizations,” said Mark Adams, leader of Russell Reynolds Associates’ operations in the U.S. “We are thrilled to have her join the team.”
The payments and digital sector now encompasses a wide swath of functional niche areas, including digital, mobile payments, fin-tech, loyalty, and big data & analytics, among other related disciplines.
“The payments ecosystem has seen a transformation with pure play digital companies like Apple & Amazon – both have augmented business lines by creating innovative ways for consumers to shop and pay,” said Chris Pantelidis, global head of EMA Partners’ global payments, digital & transaction services practice. “To remain competitive, organizations need to hire exceptional leaders who have specific skills expertise and experience in digital companies or digital transformation.”
There is a massive talent shortage at the C-level across functional areas and across business lines in this sector, said Mr. Pantelidis. “As more companies realize the need to evolve with digital, to innovate, and to disrupt, it becomes increasingly difficult to identify and attract talented executives. It’s critical for leaders to understand payments – both legacy systems and disruptive applications,” he added. “They need to drive strategy and transformation, and promote growth as well as stability.”
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media