Ranked Top 3 Executive Search Firm in Minneapolis/St.Paul

ON Partners named to Twin Cities Largest Executive Search Firms list by Minneapolis / St. Paul Business Journal for the fifth consecutive year

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ON Partners, the only pure-play retained executive search firm building diverse C-level and board leadership teams across industries and functions has been ranked #3 in the Business Journal Twin Cities Largest Executive Search Firms list. The list encompasses the largest and most prominent leading executive search firms in the cities of Minneapolis/St. Paul.

Minneapolis-based partner, Baillie Parker, has completed over 350 C-level, board, and high-level executive leaders placements across a range of functions with expertise in the industrial and technology sectors for leading private equity-backed companies. Recent work from Parker includes executive appointments for Rotunda Capital Partners, Straatam Capital, Little John & Co., and LLR Partners.

{Related Article: View Baillie Parker’s recent successful placements}

As the firm expanded over the last few years it also was recognized with prominent industry accolades and awards. ON Partners was recognized as one of Forbes’ “America’s Best Executive Recruiting Firms” for the sixth consecutive year in 2024.  The list is a prestigious ranking based on survey responses from more than 9,300 recruiters, HR or hiring managers, and employees with recent experience working with a recruiting firm. Additionally, the firm was named to the 2024 Private Equity Recruiting Power 100 list by market research firm Hunt Scanlon for the fifth consecutive year.

{Related Article: View more recent executive search appointments by ON Partners in the private and growth equity space.}

With a consistent 4.9 out of 5.0 experience rating from clients and executive placements, ON has helped navigate successful appointments across a range of clients thus far in 2024, including Amer Sports, CKE Restaurants, Diebold Nixdorf, Lenovo, Net Health, Nvidia, Onto Innovation, Postman, Q2, and SoCi.

“ON Partners is dedicated to ensuring that our clients and business leaders receive the best data insights for executive hiring through real-time analytics and reporting, which helps them navigate this ever-evolving market,” said Bryan Buck, Partner at ON Partners.  “The implementation of AI, alongside our proprietary data plays a critically important role in being able to support those efforts.  We are strategically developing further AI-enabled predictive analytics to enhance the firm’s ability to forecast future talent success and increase efficiency in executive candidate assessment.”

Even with the increased use of AI, this initiative intends to maximize the power of ON market data, further streamline the search process, and allow clients to make better executive hiring decisions – faster. ON’s goal is to create more inclusive, predictive, and efficient data that clients can use with confidence. By developing reports such as the 2024 Women’s Report, and  Talent Intelligence Report, ON continues to add value to the marketplace by providing industry leaders with the tools and resources to make effective decisions utilizing a simplified process.

Earlier in the year, ON Partners also published a Variance Report to provide boards and senior leadership teams with C-suite compensation projections, as well as recruitment trends in 2024.  The report delves into major shifts impacting the business world, including average compensation rates by company size, geo-market hiring demand, and industry sectors experiencing the greatest shifts in talent management strategies.

“This year’s Variance Report leverages transparency and data innovation, specifically as it relates to overall compensation for the executive marketplace,” said Tim Conti, partner at ON Partners.  “Through our research, we were able to confirm trends in CEO and C-suite compensation and a rise in executive recruitment in Middle America.”

The report concluded that as a company’s size doubles, C-level positions increase in total median compensation expectations by an average of 11%.  As the company size increases, CEOs experience a 21% average increase through each incremental change.  This amounted to an acceleration from about 13% to over 40% in compensation as the company grew.  On the contrary, C-Suite positions such as chief financial officer (CFO), chief operating officer (COO), chief human resources officer (CHRO), President, chief revenue officer (CRO), chief strategy officer (CSO), chief information technology officer (CITO), and general manager (GM) only experienced linear growth trends.

{Related Article: 2023 Variance Report: Executive Hiring Trends Reshaping 2024}

To learn more about ON Partners’ data innovation and predictive analytics in executive hiring, view all talent reports recently published.