Russell Reynolds Associates: Rise of Women on Boards Paves the Way for More Women Chairs
Russell Reynolds Associates have observed a significant rise of women in board leadership roles, including chair, across European organizations.
Russell Reynolds Associates have observed a significant rise of women in board leadership roles, including chair, across European organizations.
New approaches to recruitment and selection, evaluation, and replacement are emerging as boards explore their new responsibilities. Turnover, both voluntary and involuntary, is expected, and boards need to be ready.
In the dynamic landscape of today's business world, where leadership plays a pivotal role in organizational success, executive talent acquisition stands as a critical function. At the pinnacle of this process lies executive research – a sophisticated exploration of C- and board-level candidates that sets the stage for search strategy and final placement. Executive research is an imperative component of any executive search assignment. Those responsible for executive research provide critical support to consultants by building a talent pool of high-caliber leaders who meet the client’s requirements. The consultants then use this research and their industry expertise to identify the shortlist of candidates. This comprehensive guide seeks to unravel the intricacies of executive research in executive talent acquisition, shedding light on its key responsibilities, methodologies and significance. Executive Research Defined Executive research refers to the strategic process of identifying, assessing and attracting top-level executives to fulfill leadership roles, such as CEOs, CFOs, CTOs, Board members, etc., within an organization. The objective is to build a talent pool of high-caliber executives for each opportunity, ensuring that organizations have access to a diverse and qualified set of candidates who will excel in the vacancy at hand. The process is characterized by a [...]
The on-again-off-again drama of Sam Altman’s role as OpenAI’s CEO in November 2023 spurred a flurry of commentary about the importance of succession planning. While most companies aren’t led by such high-profile figures—whose departures spur hundreds of employees to threaten resignation—every organization needs a sound succession plan and pipeline.
In 2024, the job market has transformed into an employer-centric environment, driven by economic shifts, skill evolution, and employee experience trends.
To understand the rise of the sustainability leader — whatever the title, be it chief sustainability officer, chief environmental officer, or another title linking it with environment, social and governance (ESG) issues — and the success factors for the job, Spencer Stuart’s Industrial Practice interviewed a dozen leaders across the world, both to discuss with them how they are making an impact today and how they envision their positions in the future.
As consumer demands change and globalization builds, HR leaders must play a broader role in hiring strategy.
The Second Industrial Revolution set forth a chain of events that led to the birth of the executive search profession. Since then, the executive search profession has paralleled major trends in business, organizations and socio-economic development. Today, the profession generates over $21 billion and places the top leaders worldwide. So, how did the Second Industrial Revolution lead to the origination of the profession? And how has it grown into the incredible profession it is today? Journey with us as we examine the history of executive search and how it’s evolved in concert with the state of the world. The Second Industrial Revolution: A Catalyst for a New Profession During the Second Industrial Revolution (1870-1914), businesses – especially those in the United States and Europe – changed dramatically. Innovations contributed to a period of accelerating industrialization: the expansion of rail and telegraph lines improved access to markets and lowered costs for the movement of parts and finished goods; new, efficient methods of production made the process of turning raw material into a finished product faster and more efficient. These dramatic shifts created a need for leaders who could adapt to the changing business landscape and the demands of scale. Management consulting [...]
Heidrick & Struggles International, Inc. today announced the appointment of Sunny Ackerman as Global Managing Partner, On-Demand Talent, effective February 12. In this role, Ackerman will lead on-demand talent solutions across all Heidrick & Struggles globally, which is inclusive of Business Talent Group (BTG) and Atreus. In 2021, through the acquisition of BTG, Heidrick & Struggles became the first global leadership advisory firm to offer the full spectrum of high-end talent solutions - from on-demand, independent professionals to interim executives to permanent placements. Heidrick and Struggles expanded their On-Demand Talent segment more significantly in Europe through the acquisition of Germany-based Atreus in 2023. A visionary leader with a strong pulse on the future of work and experience scaling innovative workforce solutions, Ackerman comes to Heidrick & Struggles after serving as President, Americas of SThree, a global talent partner specializing in science, technology, engineering, and mathematics (STEM). She ran SThree's second-largest territory, generating $300M-plus in annual revenue. Ackerman has also dedicated a significant part of her career to furthering the interests of women in the workplace and creating career pipelines for underrepresented groups. Additionally, she sits on the Board of Directors at TechServe Alliance, and the Leadership Council at the Women Business Collaborative. "High-end independent talent solutions are increasingly being [...]
Academic Search placed Dr. Ben Moritz as Executive Director for the Wyoming Community College Commission Academic Search placed Rita Farlow as Vice President for Marketing and Communications for Roanoke College Boyden placed Leena Al-Hajjar as new VP, People & Culture for Tantalus Systems. A recruitment co-led by Managing Partner, Craig Hemer. Buffkin / Baker placed Gary Petrangelo as Chief Financial Officer for Wilen. Search led by Raj Das and Jeannine Centanni. Cornerstone International Group has placed Tracy Krumme as Senior Vice President, Head of Investor Relations for Bitfarms. Fisher Leadership placed Michael Crevola as Chief Financial Officer for Victoria Police Glue Executive Search placed Valeria Auger as Chief Communications Officer for Social Learning Harbour West Consulting placed Lorraine Lowe as Executive Director for the H.R. MacMillan Space Centre Society Harris Search Associates placed Dr. Melissa Terlecki as Dean of the College of Professional and Applied Psychology for Philadelphia College of Osteopathic Medicine Hobson Leavy placed Chris Houston as Chief Executive Officer for Fiber Fresh Hobson Leavy placed Fred Ohlsson as Group Chief Executive Office for Avanti Finance Kaplan Partners placed Charlie S. Cullum as Deputy Chief Financial Officer and Treasurer for Sandy Spring Bancorp, Inc. KBRS placed Blanche Israël as [...]