CTPartners Executive Search : DHR Proposes Blue Chip Roster of Board Candidates to CTPartners (NYSEMKT: CTP) Board of Directors, Increases Share Holdings
March 11, 2015 at 07:06 pm EDT
Share
Today, DHR International is proposing six new directors for election to
the Board of Directors of CTPartners (NYSEMKT:CTP) and announced that
DHR believes it is now the third largest shareholder in the company,
holding approximately 7.3 percent of CTPartners’ outstanding stock.
The proposed board members hold a wealth of business experience and
represent some of the best managed companies in the world. The roster
includes:
William Perez, former president and CEO of Wm. Wrigley Jr. Company
(NYSEMKT: WWY), Nike, Inc. (NYSEMKT: NKE) and SC Johnson. He is
currently a senior advisor for Greehhill & Co. (NYSEMKT: GHL) and
serves on the Board of Directors for Johnson & Johnson (NYSEMKT: JNJ),
Whirlpool Corporation (NYSEMKT: WHR), Northwestern Memorial Hospital,
and is on the board of trustees for Cornell University.
William Farley, the current chairman and president of LV Ventures,
Inc., a private equity firm with ownership in various operating
companies and investments in technology, communications, mining, and
finance. He served as the chairman and CEO of Fruit of the Loom for 13
years and has received various honors including the Ireland-US Council
for Commerce and Industry’s Annual Outstanding Achievement Award, the
Apparel Industry Board’s Special Award, The Horatio Alger Award for
Distinguished Americans, and the White House’s Presidential Award for
Entrepreneurial Excellence.
William Smithburg, the former chairman, president and CEO of The
Quaker Oats Company. He currently serves as a director of
Barry-Wehmiller Company, is a member of the Board of Directors of Big
Shoulders and is a Life Trustee of Northwestern University. He
previously served as director of Abbott Laboratories (NYSEMKT: ABT),
Northern Trust (NASDAQ: NTRS), Corning Inc. (NYSEMKT: GLW) and Smurfit
Stone Container Corporation (NYSEMKT: SSCC), was a member of the board
of directors of the Grocery Manufacturers of America and was chairman
of the board for Northwestern Memorial Hospital.
John Jastrem, current chairman and CEO of Callison LLC. He formerly
served as president and CEO of ACME Holdings & Acquisition Corp.,
Colt’s Manufacturing Company Inc., Exhibitgroup/Giltspur, The Becker
Group, Global Experience Specialist and VIAD (NYSEMKT: VVI). He also
served as chairman and CEO of Rapp Collins Worldwide, Hooven Direct
Marketing and as CFO and a member of the board for Reliance Steel &
Aluminum Company. He was on the board of directors for Applied
Discovery Inc., Medquist Inc. (NASDAQ: MEDQ), Callison Architecture
Holding LLC, Hancock Technology Partners, LLC, Matthews Studio
Equipment Group (NASDAQ: MATT) and The American Heart Association.
Daniel Connors, former EVP and CAO of Kinko’s, led the turnaround of
several private equity sponsored companies including: chairman and CEO
of Sarnova and chairman and CEO of Physiotherapy Associates. He served
on the board of directors and as chairman of the Finance and Audit
Committees for both Sarnova and the United Stationers (NASDAQ: USTR).
He is charter member of the University of Notre Dame Student Athlete
Advisory Council.
Geoffrey Hoffmann is the CEO of DHR International and serves on the
boards of directors of Hoffmann Commercial Real Estate (HCRE) and
Osprey Capital, LLC. He previously served as the COO of DHR
International.
“This proposed slate is about as Blue Chip as it gets,” said David
Hoffmann, the principal shareholder of DHR International and founder of
Osprey Capital LLC. “As the third largest shareholder of the Company, we
are confident our slate will be welcomed by the Board of Directors. The
collective expertise of our board nominees will help drive maximum value
for shareholders while fostering an employee centric environment.”
For more than 25 years DHR International has been a leading, privately
held provider of executive search solutions with more than 50
wholly-owned offices spanning the globe. DHR’s renowned consultants
specialize in all industries and functions in order to provide
unparalleled senior-level executive search, management assessment and
succession planning services tailored to the unique qualities and
specifications of our select client base. For more information on DHR
International, visit www.dhrinternational.com.
CTPartners Executive Search Inc. (CTPartners) is a provider of retained executive search services to clients on a global basis. SearchSigma is the Company's retained executive search process. SearchSigma also enables its executive search consultants and the clients to actively monitor the status of each search and make adjustments to the search process as necessary. The Company also offers ClientNet, a system for client communication. The Company's primary six industry practice groups are financial services, professional services, life sciences, technology/media/telecom, consumer/retail, and industrial. The Company helps its clients build leadership teams by facilitating the recruitment and hiring of C-level executives, other senior executives and board members. The Company's retained executive search services focuses on making placements for its clients in a timely manner. During the year ended December 31, 2014, the Company was engaged to perform 1,742 searches.