LastPass, a $200M fast-growing security company privately backed by Francisco Partners as the global leader in zero-knowledge password management, recently built its executive leadership team through the guidance of new CEO, Karim Toubba.
Executive Success in the Second Half of 2021
ON Partners highlights a sample of our board services success in the second 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 several board executive placements for a range of organizations in H2 2021, including ACI Worldwide, Arrowstream, Aspinity, Cinch Homes Services and IntelyCare. The firm’s Board Services practice saw 25% growth in 2021 compared to the previous year.
Noted board services partner Shawn Oglesbee, “As business volatility continues due to a confluence of factors including high inflation, ongoing supply chain issues, labor shortages and of course COVID, board directors must have a heightened attentiveness and develop closer interactions with C-level executives. For almost two years, boards have been adjusting to remote board work and that includes time with the operating executives. With everyone one step removed from historical face-to-face contact and relationship building, it has been easier to let items slip that would have been addressed or picked up through the nuance of time spent together.
“Boards should do a full effectiveness assessment every two to three years – and this would be an ideal time given the changes to which they have had to adjust in operating environments, not to mention the same forces for the company they oversee.”
H2 2021 EXECUTIVE SUCCESSFUL PLACEMENTS
Highlights of ON’s 2H 2021 board director appointments include:
ACI Worldwide – Board Research
ACI Worldwide delivers mission-critical real-time payments software solutions that enable corporations to process and manage digital payments, power omni-commerce payments, present and process bill payments, and manage fraud and risk.
Arrowstream – Board Member
ArrowStream’s foodservice supply chain technology is dedicated to helping clients improve supply chain management efficiency, strategic sourcing programs, food safety and food quality. Our unified platform and global network of operators, distributors and suppliers powers safe and intelligent foodservice supply chain management by merging data, operations and business relationships.
Aspinity – Board Member
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.
Cinch Home Services – Advisory Board
Cinch Home Services is the leading home services company that makes it easy for everyone to enjoy their home to the fullest, regardless of whether they own or rent. Building upon 40 years of proven experience, Cinch uses smart, modern tools and an award-winning customer support network to remove the guesswork around preventing, diagnosing and solving a wide variety of home-related issues.
IntelyCare – Board Director, Audit Chair Board Director
IntelyCare is a nurse staffing firm that provides a better way for post-acute healthcare facilities to keep shifts filled with qualified, engaged, and reliable nursing professionals.
View more information about ON’s board services 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 nine times, ON Partners is consistently ranked among the top 20 retained executive search firms in the U.S.
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