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Coca-Cola restructures business units, preps executives for future CEO position

Posted on Wednesday, August 1st, 2012 at 1:34 pm    

Coca-Cola is currently in the process of reorganizing its business units, possibly prepping two executives for eventually succeeding CEO Muhtar Kent.

Beginning in 2013, the company will be restructured into three business units: the bottling division (bottling production that occurs outside of North America), Coca-Cola Americas, andCoca-Cola International.

47-year-old  Steve Cahillane, who currently heads Coca-Cola Refreshments, will now lead the Coca-Cola Americas unit, which includes Latin America. Ahmet Bozer, a52-year-old man who has worked at the company since 1990, will head the new Coca-Cola International unit. The current president of the bottling will remain in his position.

If you are currently looking to fill the position of CEO for your company, you need a recruitment firm that will be able to find the right person for your business. Contact the executive recruitment specialists of Construction Hunters today by calling 214-989-6846.

Recruitment searches: Exclusive vs. Non-exclusive

Posted on Thursday, June 14th, 2012 at 4:43 pm    

Using a recruitment firm to help you find the best executive fit for your company is very important. Because of the importance of the position, the faster that it can be filled, the faster you can have your business operating at its best.

The effect that a non-exclusive and exclusive recruitment firm can change the way that a position is filled in your company. Companies have different requirements to fulfill in each type of contract.

For an exclusive recruiting contract, the company is not charged unless the company goes with the candidate that the recruiter finds. Also, the company can still use their hiring process to determine if this candidate is a match for them. Finally, a ‘retained search’ service contract is used in many exclusive contracts.

If you have any further questions on this  process, the CEO recruitment professionals of Construction Hunters are experienced and available to help you determine what is best for you.

Freescale Semiconductor hires new CEO

Posted on Friday, June 8th, 2012 at 1:47 pm    

Freescale Semiconductor has now hired a new CEO, former analog chip manager at Texas Instruments, Gregg Lowe.

The current Freescale CEO already stated that he planned to retire in April,  but will remain on the board of directors for the company. The 49-year-old Lowe ran the largest part of Texas Instruments, which had more than $6.38 billion in sales.

The total revenue for this sector of business was more than Freescale’s total revenue. Freescale, based in Austin, Texas, is the largest supplier of chips to the automotive industry.

To learn more about this business venture, visit the Business Week online site today.

The role of recruiting agents

Posted on Friday, May 25th, 2012 at 3:29 pm    

When running a business, executive positions are very important to fill in order for the company to run smoothly. Finding the right person for the position is very important and this is why many businesses use the help of a recruitment agency.

Recruiting agents can help a company sort through the top talent in order to find the best person for the position needed. This process can be time consuming and may also take a lot of financial resources.

Recruiters spend the time researching your company’s goals, needs and culture as well as the top candidates in the field in order to find the perfect match. Agents then work to aggressively recruit a candidate, make hiring recommendations and then followed up with a client to see how the candidate is fitting in.

If you are in need of a recruiting agency to fill an executive position in your company, contact the executive recruiting agents of Construction Hunters today by calling 214-989-6846.

CEO of Yahoo! steps down

Posted on Monday, May 14th, 2012 at 1:45 pm    

The CEO of Yahoo!, Scott Thompson, has recently stepped down after misrepresentations were discovered in his credentials. The head of global media, Ross Levinsohn, has stepped in as interim CEO.

Thompson had claimed to hold a bachelor’s degree in accounting and computer science from Stonehill College, but only has been awarded a degree in accounting degree from the school in Easton, Mass. The incorrect information was on the company’s website as well as Yahoo’s 10-K filing.

Thompson was brought in by Yahoo company in January to help the company compete with Google Inc. and Facebook Inc.

Officials have stated that the company will revamp its board and management structure. Daniel Loeb, an advocate for the management overhaul and the one who raised concern over Thompson’s qualifications, has been appointed to the board along with two other directors from Third Point, LLC.

If your company is need of a highly qualified candidate for a leadership position, contact the executive recruitment specialists of Construction Hunters. Our team of experienced professionals is committed to helping you to prevent a vacancy from interfering with your company’s success.

More woman gaining CEO positions

Posted on Tuesday, May 1st, 2012 at 9:46 pm    

The number of women who are the chief executive officer at a company still remains low, with only 35 being on the list of  Fortune 1000 companies, but an executive recruitment firm in Philadelphia has stated that this may be changing.

The recruiting firm stated that the pool of qualified women taking over as CEO is beginning to grow. Companies are now hiring women who show the potential of being CEO and some suggest that the  number of major corporations with female CEOs will double by the year 2017.

Women that are in a senior management position today may be the next CEO of their company. In the Fortune 500, nearly 73 percent of companies have a woman in an executive position.

If your business is in need to fill an executive position, you need representation on your side that may is dedicated to client satisfaction. Contact the executive recruiting specialists of Construction Hunters by calling 214-989-6846 today.

Colfax CEO leaves for ESAB, new CEO named

Posted on Tuesday, April 24th, 2012 at 9:13 pm    

Colfax’s president and CEO Clay Kiefaber, 56, has left the company in order to serve as chief executive officer of ESAB, a welding and cutting business acquired by Colfax in January. The acquisition of ESAB nearly tripled Colfax’s total business and increased its total revenue to $4 billion.

Steven Simms, also 56, was named as the new CEO of Colfax. Simms currently serves as director on Colfax’s board. With over 20 years of senior executive experience, Simms was executive vice president of Danaher Corp. for 11 years and previously worked at Black & Decker Corp. as president of its European operations.

Kiefaber was named CEO of Colfax in 2010 after spending 20 years at Masco Corp. He will remain company director and executive vice president of Colfax.

If you are interested in learning more about how executive recruitment services can help you, contact the executive search and management consulting firm Construction Hunters today at 214-989-6846.

Best Buy forms search committee to find new CEO

Posted on Friday, April 13th, 2012 at 8:16 pm    

Best Buy announced this week that it has created a search committee to find a new CEO to replace Brian Dunn. Dunn abruptly resigned on Tuesday after the company began an internal investigation into his personal conduct. He had been CEO since 2009.

Best Buy said it will conduct a global search, including internal and external candidates. Mike Mikan, 39, who is currently serving as interim CEO is among the candidates for the position. The struggling electronics chain says the search could take up to nine months.

Expert analysts believe Best Buy will have trouble finding an experienced CEO that will be able to manage the major transitions the company is about to go through. Last fiscal year, Best Buy lost $1.23 billion.

If your company is looking for a new executive, consider hiring the executive search and management consulting specialists at the firm of Construction Hunters. To learn more about what Construction Hunters can do for you, call 214-989-6846 to speak with an experienced member of our staff.

Understanding the recruiting process

Posted on Wednesday, March 7th, 2012 at 6:13 pm    

Construction Hunters has developed an eight step recruiting process that is crucial to placing the right individual with the right company.

The eight steps of this procedure are as follows:

  1. Research and Discovery: Finding out basic information about the client’s company and their needs
  2. Constructing a recruitment plan: Decide on a candidate list that would meet the client’s obligations
  3. Targeted Recruiting: Honing in on applicable candidates and their accomplishments
  4. Candidate Evaluation: Inform the client about the right individuals for the positions needed
  5. Process Management: Making sure that the potential candidate is on the same page
  6. Reference Checking: Each candidate’s references will be checked and contacted
  7. Offering the position: The official offer will be extended to the candidate
  8. Accepting the offer: Once the candidate accepts, we will continue monitoring their shift

 

If you are interested in learning more about professional recruiting services, please contact the executive search and management consulting firm of Construction Hunters by calling 214-989-6846 today.

Construction spending falls by 0.1%

Posted on Friday, March 2nd, 2012 at 6:27 pm    

Spending in the United States construction industry fell by 0.1 percent in January 2012. This is the first time that the spending has dropped in more than six months.

The overall spending in January, adjusting for seasonal changes, was recorded at $827 billion. Although, the spending in January had declined, the December spending in the industry rose by 1.4 percent. The drop in federal and nonresidential construction are two reasons why the amount of spending in the first month of 2012 saw a decline.

Even though the spending is down, employment in the construction industry is rising. In January, there was an increase of 21,000 job opportunities. There are slow signs of improvement across the board in the industry, with residential real estate markets on the incline as well.

The construction industry needs able-minded executives to implement successful strategies. Please contact the executive search and management consulting firm of Construction Hunters by calling 214-989-6846 if you are interested in executive recruitment services and their benefits.