Tailwind Capital engaged with ON Partners due to its unique executive search expertise at the intersection of private equity and SaaS.
BOARD SERVICES: ON’S SUCCESSFUL EXECUTIVE APPOINTMENTS IN H1 2021
ON Partners highlights a sample of board services placements for the first half of 2021
ON Partners consultants specialize in building board leadership teams and have been redefining board search and advisory by offering a better experience for everyone involved. ON’s Board Services consultants completed board executive placements for a range of organizations in H1 2021, including Agero, Aspinity, DSP Group, and Intelycare.
Noted partner Shawn Oglesbee, “It’s no secret that diversity is a high priority. As more professional retained searches occur vs. “personal network” board hires, the onboarding process and time to be fully open and trusted is lengthened. This has only been exacerbated by the pandemic, where the personal time to build rapport and deepen relationships has been diminished.
“We’re also seeing fewer restrictions around ‘CEO or big P&L experience only may apply.’ Formal board skill assessments are increasingly common as well, which results in targeting functional leaders in high demand such as sitting chiefs of marketing, digital, or security. In privately held growth companies, VCs and founders are landing independent directors earlier… post round B or C…not just in time for the S1 filing.
“And somewhat surprisingly, many boards – including Fortune 500s – will continue to do at least one remote meeting going forward, even post-COVID. We’ve heard more than once from old bluebloods, ‘I was suspect, but Zoom works!’ Ease of scheduling, including for committee work, is a nice benefit. ESG processes and metrics are now being formalized at many major companies, which we believe will quickly trickle down to any company with over $1 billion in revenue.”
H1 2021 EXECUTIVE SUCCESSFUL PLACEMENTS
Highlights of board placements during H1 2021 include:
ACI Worldwide (NASDAQ: ACIW) is a global software company that provides mission-critical real-time payment solutions to corporations.
Agero’s mission is to rethink the roadside experience through a powerful combination of passionate people and data-driven technology, strengthening its clients’ relationships with their customers. As a leading B2B provider of next-gen driver assistance services, Agero is pushing the industry in a new direction, taking manual processes and redefining them as digital, transparent, and connected.
Aspinity is the world leader in the design and development of analog machine learning chips that are revolutionizing the architecture of always-on sensing devices that run on battery.
DSP Group, Inc. (NASDAQ: DSPG) is a provider of chipsets for VoIP, multimedia, and digital cordless applications. Founded in 1987 with headquarters in San Jose, California, DSP Group employs over 400 people at three US sites and offices in Germany, Scotland, Israel, India, Hong Kong and Japan.
IntelyCare is revolutionizing healthcare staffing, scheduling, and training by offering an enterprise workforce management platform combined with a gig-model staffing app for the long-term care market.
View more board work and thought leadership from ON here.
Find our related successful placements of leading executives here.
About ON Partners
Since 2006, ON Partners is the only pure-play executive search firm building diverse C-level and board leadership teams. We rebuilt the institution of executive search for the way you work. Our approach includes present partners who engage with their clients from the first brief to the final decision, individually crafted solutions that are unique to each client, and an easier experience all around. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 Lists eight times, ON Partners is consistently ranked among the top 20 retained executive search firms in the U.S.
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