Boyden global executive search
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Industry Insights
Raytheon restructures, adds new executive jobs
Global defence contractor Raytheon Company has restructured its operations and awarded new executive jobs to several members of its leadership team. The company is now divided into four businesses including Intelligence, Information and Services, resulting from the integration of two other businesses. Thomas Kennedy has been named to the newly created role of Executive Vice President and Chief Operating Officer, while Lynn A. Dugle has been named President of the newly formed Intelligence, Information and Services (IIS) business.
Read More >>Executive hiring on the rise in Australia
With the worst of the financial crisis behind it, the Australian executive search industry is making a comeback, according to a new report. The resurgence is being driven by an increasing number of companies looking to restructure and thrive in a changed, post-crisis economy. Doing so successfully will depend on hiring executive talent capable of managing change and understanding emerging markets. Thus many are putting the executive recruiting function in the hands of outside experts.
Read More >>Executive hiring news: Starbucks lands new marketing head
Seattle-based Starbucks, operator of the world’s largest coffee shop chain, recently bolstered its leadership team by hiring seasoned global executive Sharon Rothstein as Global Chief Marketing Officer. Of late Starbucks has been focused on expanding its revenue base by diversifying its brand portfolio. Reporting to Chief Executive Officer Howard Schultz, Rothstein will manage the Starbucks brand as well as the company’s newly acquired juice, tea and bakery brands.
Read More >>Executive hiring news: Samsung’s new CEO trio
At its annual shareholders’ meeting, Samsung laid out plans for solidifying its leadership in the global electronics industry, with particular emphasis on mobile and consumer electronics. Soon afterwards it announced the promotions of J.K. Shin and Boo-keun Yoon, heads of mobile and consumer electronics respectively, as co-CEOs. The two will share the top spot with Oh-Hyun Kwon, who will continue to serve as Chief Executive Officer and Chairman of the Board of Directors.
Read More >>Citigroup tightens compensation metrics for executive jobs
Global financial services corporation Citigroup Inc. announced in its most recent proxy filing that it is revising the methods it uses to determine compensation for employees in executive jobs. Shareholders have been very outspoken in the past few years, asserting that the company awards overly generous compensation to executives despite subpar stock performance. The new metrics, developed by the company’s Board of Directors, tie compensation to performance using more objective means of evaluation.
Read More >>Managing Director
Thomas Connelly
(T): +1 786.552.3458
tconnelly@boyden.com
Researchers
Candy Hurtado
(T): + 1 786-552-3460
churtado@boyden.com