The Economics of Everyday Things
85. Executive Recruiters
Mar 24, 2025
In this conversation, Jane Stevenson, the Global Vice Chair of Board and CEO Services at Korn Ferry, shares insights into the pivotal role of executive recruiters. She discusses the unique methods used to assess candidates, including psychological tests and mock interviews. The conversation also delves into the ongoing shift towards incorporating technology and social media in recruitment. Additionally, Jane highlights the importance of diversity in hiring and the complexities of negotiating CEO compensation packages in a competitive landscape.
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Quick takeaways
- Executive recruiters utilize extensive networks and thorough evaluations to identify candidates who fit the specific cultural needs of corporations.
- Diversity in executive recruitment is crucial, yet the majority of top executive roles remain predominantly held by white men despite ongoing advocacy efforts.
Deep dives
The Role of Executive Recruiters
Executive recruiters play a crucial role in helping corporations find suitable candidates for leadership positions. Unlike traditional recruiters who may source a wide array of job candidates, headhunters focus on identifying senior executives, particularly those who can step into roles such as CEO or CFO. They are hired by Fortune 1000 companies and utilize a combination of extensive networks, modern technology, and industry knowledge to locate potential candidates. This process involves searching for individuals who not only possess the right qualifications but also fit the specific cultural and operational needs of the hiring organization.
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