Diversity Executive Talent Report 2022

• Highlights of diverse executive talent appointments and partnering organizations across industries and functions in 2022

• ON reports 115% three-year growth revenue rate; 41% of executive appointments in 2022 were diverse executive placements

• Recent insights from partners on evolving roles in executive leadership and predictions for 2023

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Diversity Executive Talent Report 2022

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ON Partners releases its 2022 Diversity Executive Talent Report, highlighting diverse executive search work across the ON community. With record growth over the past year, ON Partners highlights & celebrates a sample of the diverse organizations and individual executives we collaborated with this year.

As executive search consultants who partner with organizations to place C-level and board executives across a range of industries, we understand our responsibility in helping to shape what the future of business looks like.

{Read next: DEI in the ON Community}

We recognize that you can’t craft effective solutions using outdated methods and practices. So, we don’t have a “diversity practice” and we don’t partner with a diversity firm. We consider every search we undertake to be a diverse search, and every slate of candidates we present to our hiring clients is a diverse one.

It’s not something we discuss or call out as a must-have, it’s simply ingrained in our search process and consultation. We’re defying the historical institution of executive search to do it, but we wouldn’t be able to create solutions and deliver results to our clients if we did it any other way.

And the results speak for themselves. 41% of our executive appointments in 2022 have been diverse senior leaders.

Here, in our 2022 diversity executive talent report, we look at the progress the ON community has made; how we’re increasing diverse hires in a sector that has been historically homogenous, technology; building more diverse boards; and we highlight diverse leaders we’ve recently placed.

{Read next: ON Partners Named Prominent Diversity & HR Executive Search Firm}

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2022 Diverse Executive Search Highlights

 

ON Partners consultants have placed a diverse group of senior executives within organizations across many market sectors this year. Following are a few of the new leaders we placed; click on the links to learn more about each of them:

Erica Fortune, SVP, e-Commerce, Advance Auto Parts

Lisa Akhionbare, CAO, Tegus

Grant Shih, Chief Technology Officer, Aramark Uniform Services

Tosin Okojie, Chief Financial Officer, Niche

Jaclyn Ruelle, Head of Brand, Papa Johns

Meena Dafesh, Global Treasurer, O-I

Mahesh Karanth, CFO, Achronix Semiconductor

Karoline Lariviere, Chief Human Resources Officer, Creation Technologies

Boris Amegadjie, Chief Product Officer, 365 Retail Markets

Amy Appleyard, Chief Revenue Officer, LastPass

Erica Paschal, VP Procurement, Thermo Fisher

Anita Lee, Head of Software QA, Video Collaboration, Logitech

Helen Davis, Board Member, Arrowstream

Deepti Bhakta, VP, Finance, Crocs / Hey Dude

 

{Read Next: Executive Search Talent Report 2022}

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Insights, Trends, and Awards of 2022

 

Additionally, our executive search consultants released thought leadership insights across 2022 including evolving executive leadership roles and predictions for executive hiring in 2022.

{Read next: What are the top 2022 insights and trends in executive search?}

ON released the NEXT series this year, exploring the evolution of executive leadership roles. Virtually every organization has had to evolve its leadership structure to accommodate the demand and evolution of executive roles including supply chain, adding an ESG component, marketing, and sales, to name a few.

ON researched the various consulting assignments we’ve taken on these past few years to summarize the evolution of specific executive roles and the attributes and experience required to take on a leadership position in this ever-changing business environment.

Want to check out the NEXT Series and learn how these roles have evolved?

• Volume 1: The Evolving Profile of the Supply Chain Leader
• Volume 2: The Evolution of the Chief Revenue Officer (CRO)
• Volume 3: Leaders Shaping ESG and its Future
• Volume 4: The NEXT Chief Marketing Officer (CMO)

Featured in the March/April issue of Board Leadership, partner Shawn Oglesbee’s article outlines how a volatile 2021 is impacting key decisions around building leadership teams. “Building a board team with the right mix of experience and perspectives has arguably never been more important to an organization’s success,” according to Shawn.

The article outlines how diversity, among other key issues, is a high priority for boards this year and is shaping their makeup.

Shawn notes that operating partners (OPs) can be an interesting way to build more diverse boards. When a PE firm hires an OP, he or she is likely to serve on the boards of multiple portfolio companies, so hiring a diverse candidate as an OP intrinsically creates several increasingly diverse boards.

{Read next: How to Build Diverse Leadership Teams}

Additionally, industry recognition for the firm increased amidst our growth from the likes of Inc. 5000, C-Suite CV Secure, Forbes, and Hunt Scanlon.