Spencer Stuart

Spencer Stuart
Partnership
Industry Management consulting
Founded 1956
Headquarters 353 N. Clark Suite 2400 Chicago, 60654 United States
Number of locations
 56 offices in 30 countries
Key people
 Kevin M. Connelly (CEO), Edward Speed (Chairman of the Board)
Products Global executive searching & Leadership Consulting
Revenue 2013: USD $433.7 million [1]
Website

Spencer Stuart is an American global executive search and leadership consulting firm based in Chicago, Illinois.[2] It was founded in 1956, operates 56 offices in 30 countries and is privately owned.[2] In 2009, the Wall Street Journal described Spencer Stuart as the U.S. government's main resource for finding replacement executives for companies bailed out during the Great Recession.

The Yahoo! board of directors retained Spencer Stuart in June 2012 to conduct a search to replace former CEO Scott Thompson.[3] The Twitter board of directors retained Spencer Stuart in June 2015 to conduct a search to replace former CEO Dick Costolo. [4]

During the 2009 government bailouts of struggling U.S. companies, Spencer Stuart worked with the majority of the companies to replace company leadership and board members. Clients during this time included General Motors, AIG, and Fannie Mae. Some competitors expressed frustration with Spencer Stuart's dominance in federally funded recruitment.[5]


References

  1. ↑ http://www.executivetrumpet.com/top-executive-search-firms.htm
  2. 1 2 "Spencer Stuart, Inc.: Private Company Information". investing.businessweek.com. Bloomberg. Retrieved June 22, 2012.
  3. ↑ Kara Swisher (June 4, 2012). "Exclusive: Yahoo Board Hires Spencer Stuart for CEO Search". AllThingsD.com. Dow Jones & Company. Retrieved June 22, 2012.
  4. ↑ http://bits.blogs.nytimes.com/2015/06/22/twitters-board-hires-search-firm-to-find-next-c-e-o/ |publisher=NY Times
  5. ↑ Joann S. Lublin (August 6, 2009). "Spencer Stuart Grabs Lion's Share Of Headhunting for Bailed-Out Firms". online.wsj.com. Dow Jones & Company. Retrieved June 22, 2012.

External links


This article is issued from Wikipedia - version of the Friday, March 11, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.