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Banking industry

CTPartners Hosts 1st Annual Board of Directors Institute for Human Resources

Strategic Insights

— 1 min read

Leaders from top companies will gather at the TIAA CREF Building in New York City on March 1, 2010, to discuss the critical role of human resources in boardroom decision-making. The event, co-hosted by CTPartners and Booz & Company, will feature panelists representing various industries and market sectors. The discussion will focus on key issues, such as compensation, succession planning, and board structure, as companies increasingly rely on their HR leaders to drive business success.

Key Takeaways:

  • The 1st Annual Board of Directors Institute for Human Resources will bring together top management from companies including Booz & Company, Campbell Soup, Cerberus Capital Management, CVS Caremark, Halliburton, KKR, Kohler, Morgan Stanley, Tenet Healthcare, TIAA-CREF, Xerox, and others.
  • CTPartners' Chairman & CEO Brian Sullivan emphasizes the importance of human resources in boardroom decision-making, stating that "Human Resources issues are Board issues as directors become increasingly accountable in high-profile areas from compensation to succession planning and board structure."
  • The HR Institute aims to generate dialogue, practical strategies, and best practices among leading public and private companies, providing a platform for experts to share knowledge and insights on key issues.
  • Dan Kaplan, Head of CTPartners' Global Human Relations Practice, notes that companies with effectively collaborating Boards and HR leaders will outperform their peers.
  • CTPartners has a proven track record in C-Suite, top executive, and board searches, with a 78% placement rate in 2008 and an industry-high stick rate of 90% for 2009.

Statistics:

  • 78% of CTPartners' searches were successfully placed in 2008.
  • Searches typically take about 132 days to complete, with an average of 107 days for successful placements in 2008.
  • CTPartners has a global organization of more than 300 professionals.
  • The firm's 40-day Audit[TM] process is used to streamline recruitment cycles and facilitate efficient candidate engagement.

Sources:

  • Booz & Company
  • Campbell Soup
  • Cerberus Capital Management
  • CVS Caremark
  • Halliburton
  • KKR
  • Kohler
  • Morgan Stanley
  • Tenet Healthcare
  • TIAA-CREF
  • Xerox
  • CTPartners' press release (February 2010)
  • CTPartners' website (www.ctnet.com)

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