May 25, 2021 – As a result of a deal finalized this week, Detroit based Tier One Executive Search has become a part of TRANSEARCH International. “We had been approached by several firms over the years and none of them felt right at the time” said Mark Thibodeau, senior partner of Tier One. “In a couple of early cases, we weren’t ready to give up 100 percent equity. In other cases, the strengths of those firms were largely in the U.S. market – they were firms founded here. Considering that TRANSEARCH is a European-based firm, they are extremely strong in markets where we are weaker. It’s really an ideal match.”
Tier One Executive Search will become the Detroit office for TRANSEARCH and will also maintain its office in Windsor, Ontario. Tier One’s Shanghai office will dismantle, as TRANSEARCH already has several offices in China including Shanghai. The Detroit-based office will continue to specialize in executive recruitment within manufacturing and Mr. Thibodeau will continue as managing partner and vice president of automotive and industrial, Americas.
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“We’ve always had a strong automotive and manufacturing presence in other geographies, but we were missing an important piece of the puzzle – a strong Detroit presence and expertise,” said Celeste Whatley, CEO of TRANSEARCH International Partners. “Mark and Tier One Executive Search were unquestionably that perfect fit.”
Mr. Thibodeau said he’s “most excited about being able to offer client companies complete global coverage, and the industry’s absolute best assessment tools developed by TRANSEARCH’s in-house psychologist, Dr. John Burdett.”
TRANSEARCH is a global search firm with representation in all of the major economic capitals, with about 60 offices in over 35 countries. It was founded in 1982 and today completes more than 1,500 senior executive search assignments a year. Its global client base is in the financial services, technology, consumer and retail, life sciences, and industrial and resources sectors.
TRANSEARCH International recently opened new offices in Singapore in an effort to strengthen its presence in the East. The Singapore office is led by Seck Wee Tan, who has experience in various industry segments primarily in the lifestyle category. During his career he has gained knowledge in FMCG, retail, advertising and media, consumer electronics, fashion and cosmetics, alcoholic beverages, telecommunications and E-commerce. Mr. Tan will be responsible for growing the team in Singapore and bring valuable experience to the Asia-Pacific region.
TRANSEARCH also added Miami-based executive search firm XTLNT. The firm is led by Alfonso Goyeneche. Established in 2019, XTLNT serves clients across the U.S. and Latin America, partnering with local and international companies expanding into new markets. Mr. Goyeneche was a partner with a global executive search firm Amrop from 2012 to 2018 heading up financial services. He also has a strong focus on industrial, infrastructure and media. “The USA remains a crucial market for us and as we continue to grow our team, we are delighted to welcome Alfonso and his team with great enthusiasm,” said Ms. Whatley.
Recently, TRANSEARCH also added a new office in Shanghai with the addition of Carren Shi as managing partner, great China regions. Ms. Shi is a cross-border leadership acquisition and development consultant and business partner with over 20 years of experience in consumer, life science, healthcare and industrial sectors. Previously, Ms. Shi was founder and managing partner for TRUST – Human Capital Solutions, with full P&L responsibilities based in Shanghai and Beijing since 2009.
“Ms. Shi is perceived by her clients as the industry and market expert, a committed and quality-driven consultant, a strategic and resourceful business partner, and an advocate for their employer’s branding for leadership attraction, retention and development,” TRANSEARCH said. “The candidates, on the other hand, consider Carren as a trust-worthy, honest, out-spoken, knowledgeable and professional career advisor.”
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media