Letter From The Chairman

This summer, we wanted to let you know that at RSR Partners, we are continuing our growth to better serve our clients nationwide and worldwide.

This year, we have hired three new Managing Directors:

Joe is based in Greenwich. Both Charles and John are based in New York.

More Offices

In early August, we announced the opening of our New York City office, located at 280 Park Avenue. This central location complements our other offices in Los Angeles, Chicago and Cleveland, and our headquarters in Greenwich. This expansion makes our firm better positioned to help those clients who demand the personal contact and the creativity to solve the most difficult recruiting challenges.

Our Outlook

At RSR Partners, our vision of the employment market is actually much improved since corporations have been making investments in new senior staffing requirements. The budget difficulties in Washington and the volatility of the markets have contributed to the slow to negative job growth; however, the bad economy has made investors very impatient and the demand for top talent appears to be even stronger in these challenged times. In the last year, we have experienced a heightened demand from many new clients.

Board Recruiting

Our Board Recruiting practice is stronger than ever, now comprising approximately 35% of our total revenue and up almost 100% year-over-year. Led by Carter Burgess and complemented by the knowledge and industry contacts of our other Managing Directors, we have completed many repeat assignments over the past ten years for Board projects. Our Executive Search business has grown even faster.

Executive Search Growth

The addition of our new Managing Directors and the opening of our new offices around the country have allowed us to be more responsive to the burgeoning demand for key executives. We have recruited a broad range of senior executives across the entire functional and line spectrum within select industries.

New Website

We are pleased to unveil the new RSR Partners website, which has been designed to keep pace with our growth and goals as a firm.  This website, www.rsrpartners.com, will allow us to communicate more efficiently with the world, and with our clients and the candidates for our searches.  We will be updating it often to include descriptions of some of the executive and board searches we are doing, news about our Managing Directors and some of the other initiatives we are undertaking.

Please contact us to discuss any issues you may have and learn how we are doing things differently here at RSR Partners. We are also interested in hearing your views of the marketplace and how your firm is approaching the next twelve months. It would be a pleasure to have you visit us in one of our locations. Or, one of us would be happy to visit with you in your offices.

We would like to play a role in your firm as you look to the future.

With best regards,

Russell S. Reynolds Jr.

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