Reflections on an Impactful Year

Dear Clients and Friends,

We appreciate your continued trust and support. Without the confidence of our valued, long-standing clients and friends, we would not be able to do what we love. As 2023 marks the 30th anniversary of RSR Partners, the new year presents an opportunity to share with you our reflections upon our firm and the marketplace.

In 1993, our Founder, Russ Reynolds, embarked on a journey to create a new firm that was distinct from his first, Russell Reynolds Associates. RSR Partners began as a small board advisory firm, initially well-regarded for its Directorship publication, which is now owned by the National Association of Corporate Directors (NACD). Over time, our firm has grown and evolved to become one of the premier board recruiting and executive search firms engaged by boards and CEOs to advise them on their most important and sensitive search needs. We are unique in our boardroom vantage point, our ability to be selective, and access to the wisdom of an industry icon who acts as our beacon regarding what makes great leaders.

2022 was another productive and impactful year for our firm and our clients and candidates. While our board search and advisory practices continue to be the backbone of the firm, our C-Suite search expertise was utilized across a myriad of industries and situations. Additionally, the firm marked an important milestone this summer when Todd Ruppert seamlessly transitioned into the role of our Chairman, succeeding Russ Reynolds, who continues to provide us with advice and counsel. We were also excited to have Eric Douglas Keene and Dick Hoag join the firm to continue to strengthen the board and CEO services we provide for industrial, consumer, and financial services clients.

As most of our client engagements are confidential, complex, and highly sensitive, we are unable to publicly promote the details around these successes. That said, we are seeing not only an increased demand for our services, but also a growing demand for boards to enhance their capabilities and effectiveness, and for CEOs to address specific gaps in their leadership team.

Some recent examples include:

Guiding the board of a Fortune 500 consumer products company on Chairman succession and the recruitment of two new board members.
Advising a large asset management business to identify, assess, and select two new mutual fund trustees.
Partnering with the CEO and owners on the selection of a CFO for a private equity backed consumer products business.
Helping the CEO of a Fortune 500 industrial technology company identify, assess, and select a transformational CHRO.
Advising the CEO on the selection of new CMO for a large pre-IPO private equity backed data and analytics business.
Providing external CEO succession candidates for a multibillion-dollar family owned industrial and consumer products company.
Partnering with the board of directors on the recruitment and selection of a new Executive Chairman for a prominent and disruptive leader in the mobility and electrification industry.
Consulting and recruiting for a prominent family office on the selection of a new CEO and CFO.

We see tremendous opportunity for leaders to rise to the occasion in these still uncertain times. Our society must continue to seek out and support individuals who have the potential to become great leaders, especially with an eye towards the diversity of thought that continues to shape our cultural fabric. Successful companies and communities are only created by having the right people, which continues to be our quest for our firm and for our clients.

We look forward to our anniversary this December with pride in our firm’s past and confidence in its future. In the event you have a sensitive board or executive search needs in the coming year, we would be happy to discuss the situation in confidence.

We wish you and your colleagues much success in 2023 and beyond.

—
Barrett J. Stephens
Chief Executive Officer
O: +1 (203) 618-7022
BStephens@RSRPartners.com

Dick Hoag Joins RSR Partners

Greenwich, CT, November 8, 2022 – RSR Partners, a leading board and executive search firm, announced today that Richard (“Dick”) Hoag has joined the firm’s Asset Management practice as a Managing Director. Dick will focus on consulting and recruiting senior level C-suite, distribution, and board professionals to traditional and alternative global investment firms.

Throughout Dick’s 35-year career in the asset management industry, he has held various senior leadership positions that involved recruiting top talent and building teams. As a Senior Partner of Corinthian Cove Consulting, a strategic and tactical consulting firm, Dick advised asset managers on their growth and strategic initiatives, emphasizing the critical role that selecting talent plays in achieving their goals.

Prior to Corinthian Cove Consulting, Dick spent decades building and leading best-in-class financial services organizations. He was Managing Director and President of Landmark Global Partners (and its predecessor firm, Liontrust International-London) and group head for the North American Institutional business. Dick also served as a Managing Director and Co-Head of Institutional Sales and Client Service at Merrill Lynch Investment Managers (BlackRock 2007) and was Executive Vice President and Managing Director of London-based Gartmore Global Partners, where he ran the U.S. Institutional business, and was a member of the firm’s Executive Committee and Mutual Fund Advisory Board. Dick is a past President and served on the Board of Directors of the Association of Investment Management Sales Executives (AIMSE) and is a recipient of their prestigious Richard A. Lothrop Outstanding Achievement Award.

“Dick brings a powerful combination of deep industry knowledge plus a strong consulting track record of helping asset management firms solve their most important strategic and leadership needs,” stated Brett Stephens, Chief Executive Officer of RSR. “Now more than ever, clients need the unique perspective Dick provides on what makes a firm successful in ever-changing environments and how they can build towards their aspirational future.”

Dick joins RSR following the firm’s recent announcement that founder and industry icon, Russ Reynolds, transitioned to a Chairman Emeritus role and was succeeded by Todd Ruppert as Non-Executive Chairman. Todd is RSR’s first independent chair.

“Dick’s arrival reinforces our commitment to building our asset management practice,” said Todd, who also spent much of his career in investment management. “Dick joins a deep bench of experienced asset management consultants, and we are confident he will be a strong contributor to the firm’s culture of teamwork. His proven ability to find the best and brightest in the industry uniquely positions RSR to be at the forefront of identifying transformational leaders in the asset management space.”

“After three decades of hands-on experience developing talent at institutional financial services organizations, I look forward to bringing my expertise to RSR,” stated Dick. “The globalization and consolidation of firms continues to drive a demand for talent, and I look forward to providing clients the counsel needed to thrive in this dynamic and transitional market.”

About RSR Partners

RSR Partners is a boutique professional services firm headquartered in Greenwich, CT, that specializes in helping Boards and CEOs with their most critical recruiting, selection, and succession needs. The company was founded in 1993 by industry icon and Chairman Emeritus, Russell S. Reynolds, Jr. Over the past 25 years, the firm has conducted more than 1,000 projects for Boards and CEOs at public, private equity owned, and family-owned businesses across a range of industries including consumer goods and services, financial services, healthcare, industrial, and technology. To learn more about RSR Partners, click here.

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Contacts
Lindsay Griesmeyer
+1 (203) 618-7076
media@rsrpartners.com