As we continue to work with top finance and accounting talent across a variety of industries, we’ve noticed these individuals consistently embody a strategic force in their organizations.
Is your organization’s senior leadership team headed toward retirement? What stress will this place on your organization? Are you prepared?
Along with the ongoing war for talent, we’ve seen a continued increase of wage and salary expectations, and the HR function is not immune.
With the growing importance that role is taking in private equity portfolio companies comes an increased focus on, and demand for, strong mid-level leaders within the HR function, especially as organizations grow into the upper middle market threshold.
As of October 2021, the Charles Aris Strategy & Corporate Development Practice reached 1,000 completed searches.
Traditionally, the Charles Aris Corporate Development Practice has introduced the search work we do as “recruiting and placing current and former investment bankers.”
In our last Corporate Development Quarterly Newsletter, we examined the shifting paradigm of reporting structure for corporate development leaders in private equity portfolio companies.
As inflation rates remain high, and the talent market across industries remains competitive, many of our clients at Charles Aris Executive Search believe the current market is unsustainable and that a recession is imminent.
Throughout the seemingly endless stretch of recent growth and record hiring lies a common theme critical to all organizations: talent acquisition.
In 2021, over 75% of our Head of Corporate Development searches had the position reporting directly to the CEO of the portfolio company. This is up from roughly 50% in 2020 and 33% in 2019.
“Hire slow, fire fast” has been a popular management mantra for decades. But to attract and land top M&A talent in today’s market, many of our clients are adjusting the tempo of their hiring practices.
While expansion generally means an organization is doing well, it also means they can struggle to find high-level executives to lead the charge.