CALDWELL PARTNER INTL CRP - CWLPF STOCK NEWS

Caldwell (TSX:CWL)(OTCQX:CWLPF), a leading retained executive search firm, has promoted five consultants to the role of principal. The promotions include Kristyn Wallace and Geoff Keating in Toronto, Charlotte Croker and Joshua Bubbs in New York, and Darren Buck in Nashville. CEO Chris Beck praised their excellence in executive search and leadership qualities.

Each promoted consultant brings significant experience and expertise in various sectors:

• Kristyn Wallace: 15+ years in executive search, focusing on Global Consumer, Financial Services, and Insurance
• Geoff Keating: 16+ years in arts & culture, higher education, real estate, consumer, and industrial sectors
• Charlotte Croker: 10 years in Professional Services, specializing in law firm recruitment
• Joshua Bubbs: Extensive experience in financial services
• Darren Buck: 17+ years in healthcare services recruitment

Caldwell (TSX:CWL)(OTCQX:CWLPF), a leading retained executive search firm, has announced the addition of Eric Mok as a partner in their Financial Services Practice and a member of the Toronto office. Mok brings over 25 years of experience in investment banking and wealth management, with strong corporate relationships and strategic advisory skills.

Mok joins Caldwell after a 21-year career at RBC, where he spent 16 years at RBC Capital Markets as a managing director in Equity Capital Markets. His expertise includes originating and executing convertible debentures, preferred shares, and yield-oriented products. This strategic addition aligns with Caldwell's commitment to enhancing capabilities and expanding reach in key markets.

Caldwell (TSX:CWL)(OTCQX:CWLPF), a retained executive search firm, has promoted Cait Houston to partner in its Calgary office. Houston, who joined Caldwell in 2017, specializes in recruiting executives for public and private companies across infrastructure, agriculture, energy and resources, and technology industries. She has a particular focus on supporting early-stage Climate Technology and Industrial Technology organizations, working closely with private equity and venture capital firms.

Houston's expertise spans corporate services, operational leadership, and Board Director recruitment, with a emphasis on clients with sustainability-centric missions and energy transition mandates. CEO Chris Beck praised Houston's excellence, commitment, and leadership, highlighting her strong relationships across the industry and her expanded focus into new areas for Caldwell.

Caldwell (TSX:CWL)(OTCQX:CWLPF), a leading retained executive search firm, has enhanced its recruiting capabilities by adding Michelle DesChenes as a partner in their Human Resource Officers Practice. DesChenes brings over 20 years of experience in global executive search and HR consulting, specializing in recruiting transformative C-suite and senior HR leaders for Fortune 500 companies and global organizations across multiple industries.

CEO Chris Beck highlighted DesChenes' expertise in workforce optimization, compensation and retention strategies, and DEI initiatives. Her addition is expected to play a important role in expanding Caldwell's Human Resources Officers Practice. DesChenes' background includes positions at Kingsley Gate and GattiHR, and she is an active member of professional HR associations and the Forbes Human Resources Council.

Caldwell Partners International (TSX:CWL, OTCQX:CWLPF) announced key leadership changes as part of its CEO succession plan. Shreya Lathia has been promoted to Vice President and CFO, Pamela Cioffi to Vice President of People Operations, and Caroline Lomot to Vice President of Marketing & Communications.

These promotions reflect Caldwell's commitment to internal talent development and strategic growth. Lathia brings extensive financial expertise from CIBC and Ernst & Young. Cioffi has a strong background in HR and talent acquisition from GroupM and Canon. Lomot has significant experience in marketing and communications from Heidrick & Struggles and Highland Partners.

All three executives, along with Michael Falagario (VP of Technology, Business and Legal Operations), will report directly to CEO Chris Beck. Beck expressed confidence in the team's ability to drive Caldwell's strategy forward and achieve ambitious future goals.

Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) has announced a leadership succession plan effective September 1. Chris Beck, current president and CFO, will become the new CEO, succeeding John Wallace, who will transition to the role of executive chair. The board has also appointed John Young as lead independent director.

Beck, a veteran of Caldwell with 11 years of experience in various leadership roles, joined the company in 2013 as CFO. His responsibilities expanded over time, culminating in his appointment as president and CFO in 2021. The board expressed confidence in Beck's ability to lead Caldwell's next growth phase, citing his experience, skills, and vision.

John Wallace, who has led the company for 16 years, will continue to contribute as executive chair, working alongside Beck and the board to support Caldwell's mission of connecting clients with transformational talent.

Caldwell (TSX:CWL)(OTCQX:CWLPF), a retained executive search firm, has enhanced its recruiting capabilities in the automobility sector by adding Gregory McDonald as a partner in the firm's Industrial Practice. McDonald brings 20 years of automotive industry experience and over a decade in executive search, specializing in building leadership teams for various companies, including Fortune 500 and public/private firms.

McDonald's expertise spans automobility, robotics, telecommunications, metals, plastics, chemicals, private equity, and energy sectors. He has also helped companies find digital leaders for emerging technologies. Prior to joining Caldwell, McDonald founded Maccabeus and held leadership roles at Russell Reynolds and Heidrick & Struggles.

This strategic move allows Caldwell to expand its services in the automotive industry, reinforcing its commitment to connecting clients with transformational talent.

Caldwell (TSX:CWL)(OTCQX:CWLPF), a leading retained executive search firm, has enhanced its Life Sciences & Healthcare Practice by appointing Tim DeMers as a partner. Based in Southern California, DeMers will focus on recruiting executives in biotechnology, healthcare facilities, medical devices, and regenerative medicine. With over 20 years of executive search experience, DeMers brings expertise from working with clients ranging from private equity and healthcare medical groups to Fortune 100 life sciences firms and medical academia.

DeMers joins Caldwell from Frederick Andrews, where he led the healthcare team. He holds a Bachelor of Science in law and society from Pennsylvania State University. Caldwell's president, Chris Beck, emphasized that this strategic addition aligns with the firm's goal of connecting clients with transformational talent to enhance their competitiveness and success.

Caldwell Partners, a talent acquisition firm, reported its fiscal 2024 third quarter results, showing a significant 77% increase in professional fees from its Caldwell operations, totaling $26.4 million compared to $21.5 million in the previous year. Consolidated professional fees grew by 12.7% year-over-year to $29.2 million. The company's net earnings after tax improved to $1.75 million, with basic earnings per share rising to $0.059. Despite this, IQTalent's professional fees dropped to $2.8 million from $4.4 million. Operating profit for the quarter was $2.4 million, a substantial increase from $985,000 the previous year.

The company highlighted improved executive confidence in the economy and an easing of pent-up demand as key growth drivers. However, they caution that fourth-quarter revenue may ease while remaining above the first two quarters. Selling, general, and administrative expenses increased to $4.8 million, while restructuring income of $7.98 million was noted from the lease termination of IQTalent's Nashville facility.