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Caldwell Announces Leadership Succession

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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 Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) ha annunciato un piano di successione per la leadership che entrerà in vigore il 1° settembre. Chris Beck, attuale presidente e CFO, diventerà il nuovo CEO, succedendo a John Wallace, che si trasformerà nel ruolo di presidente esecutivo. Il consiglio di amministrazione ha anche nominato John Young come direttore indipendente principale.

Beck, un veterano di Caldwell con 11 anni di esperienza in vari ruoli di leadership, è entrato nell'azienda nel 2013 come CFO. Le sue responsabilità sono aumentate nel tempo, culminando nella sua nomina a presidente e CFO nel 2021. Il consiglio ha espresso fiducia nella capacità di Beck di guidare la prossima fase di crescita di Caldwell, citando la sua esperienza, le sue competenze e la sua visione.

John Wallace, che ha guidato l'azienda per 16 anni, continuerà a contribuire come presidente esecutivo, lavorando a fianco di Beck e del consiglio per supportare la missione di Caldwell di connettere i clienti con talenti trasformativi.

Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) ha anunciado un plan de sucesión en el liderazgo que entrará en vigor el 1 de septiembre. Chris Beck, actual presidente y CFO, será el nuevo CEO, sucediendo a John Wallace, quien pasará a desempeñar el papel de presidente ejecutivo. La junta también ha nombrado a John Young como director independiente principal.

Beck, un veterano de Caldwell con 11 años de experiencia en varios roles de liderazgo, se unió a la empresa en 2013 como CFO. Sus responsabilidades se expandieron con el tiempo, culminando en su nombramiento como presidente y CFO en 2021. La junta expresó confianza en la capacidad de Beck para liderar la próxima fase de crecimiento de Caldwell, citando su experiencia, habilidades y visión.

John Wallace, quien ha liderado la empresa durante 16 años, continuará contribuyendo como presidente ejecutivo, trabajando junto a Beck y la junta para apoyar la misión de Caldwell de conectar a los clientes con talento transformador.

Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF)은 9월 1일부터 시행되는 리더십 승계 계획을 발표했습니다. Chris Beck 현 회장 및 CFO는 새로운 CEO가 되어 John Wallace를 이어받게 되며, Wallace는 임원 의장 역할로 전환합니다. 이사회는 또한 John Young을 주 독립 이사로 임명했습니다.

Beck은 2013년 CFO로 Caldwell에 합류한 이후 다양한 리더십 역할에서 11년간의 경력을 가진 베테랑입니다. 그의 책임은 시간이 지남에 따라 확장되어 2021년에는 회장 겸 CFO로 임명되었습니다. 이사회는 Beck이 Caldwell의 다음 성장 단계를 이끌 것이라는 데 대한 확신을 표명하며 그의 경험, 기술 및 비전을 언급했습니다.

John Wallace는 16년 동안 회사를 이끌어 왔으며, 임원 의장으로서 계속 기여하며 Beck 및 이사회와 협력하여 Caldwell의 고객과 변혁적인 인재를 연결하는 사명을 지원할 것입니다.

Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) a annoncé un plan de succession à la tête de l'entreprise qui entrera en vigueur le 1er septembre. Chris Beck, président et CFO actuel, deviendra le nouveau CEO, succédant à John Wallace, qui passera au poste de président exécutif. Le conseil a également nommé John Young en tant que directeur indépendant principal.

Beck, un vétéran de Caldwell avec 11 ans d'expérience dans divers rôles de leadership, a rejoint l'entreprise en 2013 en tant que CFO. Ses responsabilités ont augmenté au fil du temps, culminant en sa nomination en tant que président et CFO en 2021. Le conseil a exprimé sa confiance dans la capacité de Beck à diriger la prochaine phase de croissance de Caldwell, soulignant son expérience, ses compétences et sa vision.

John Wallace, qui dirige l'entreprise depuis 16 ans, continuera de contribuer en tant que président exécutif, travaillant aux côtés de Beck et du conseil pour soutenir la mission de Caldwell de connecter les clients avec des talents transformateurs.

Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) hat einen Nachfolgeplan für die Führung angekündigt, der am 1. September in Kraft tritt. Chris Beck, derzeit Präsident und CFO, wird der neue CEO und folgt auf John Wallace, der die Rolle des Executive Chair übernehmen wird. Der Vorstand hat auch John Young zum leitenden unabhängigen Direktor ernannt.

Beck, ein Veteran von Caldwell mit 11 Jahren Erfahrung in verschiedenen Führungsrollen, trat 2013 als CFO in das Unternehmen ein. Seine Verantwortlichkeiten erweiterten sich im Laufe der Zeit und kulminierten in seiner Ernennung zum Präsidenten und CFO im Jahr 2021. Der Vorstand drückte sein Vertrauen in Becks Fähigkeit aus, die nächste Wachstumsphase von Caldwell zu leiten, und verwies auf seine Erfahrung, Fähigkeiten und Vision.

John Wallace, der das Unternehmen 16 Jahre lang geleitet hat, wird weiterhin als Executive Chair beitragen und zusammen mit Beck und dem Vorstand arbeiten, um die Mission von Caldwell zu unterstützen, Kunden mit transformierenden Talenten zu verbinden.

Positive
  • Smooth leadership transition with internal candidate Chris Beck appointed as new CEO
  • Chris Beck brings 11 years of experience in various leadership roles within the company
  • Former CEO John Wallace to remain involved as executive chair, ensuring continuity
Negative
  • None.

John Wallace Assumes Executive Chair Role, Chris Beck Appointed as CEO, John Young Selected as Lead Independent Director

TORONTO, ON / ACCESSWIRE / August 28, 2024 / Talent acquisition firm The Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) ("Caldwell Partners" or the "Company") today announced the appointment of Chris Beck as president and chief executive officer, effective September 1. Chris Beck will succeed John Wallace, who will assume the role of executive chair. Additionally, the independent directors of the board have selected John Young as lead independent director.

John Wallace

"The board and I have tremendous confidence in Chris, and we know that his combination of experience, skills and vision uniquely prepares him to lead Caldwell," said John Wallace, executive chair, Caldwell. "He has had a tremendous impact as president and CFO, helping us navigate the unprecedented challenges of the past few years while positioning the company for long-term success. We have the right leadership team, strategy, and financial foundation in place to ensure a bright future for Caldwell and IQTalent. It has been a privilege to serve this great firm as CEO, and I look forward to working alongside Chris and the Caldwell Board of Directors to continue to deliver on our mission to connect our clients with transformational talent."

Chris Beck

Beck is a veteran of Caldwell and has served in multiple leadership roles over the last 11 years at the company. He joined Caldwell as chief financial officer in 2013, responsible for leading and managing financial, accounting, investor relations and technology operations. In 2017, he was elevated to the role of chief operating and financial officer, adding day-to-day leadership and management across the firm. In 2021, Chris was appointed president and chief financial officer of Caldwell. His key areas of focus in this expanded role were the firm's growth strategies, processes, and fostering a success-oriented environment inside the firm.

"The Caldwell board recognizes that CEO succession planning is one of our most important responsibilities," said John Young, lead independent director, Caldwell's Board of Directors. "We have been prudent, thoughtful, and objective in our process to ensure the right plan was in place for a potential successor. It is a testament to the strength and depth of Caldwell's management team that we have the ideal internal candidate in Chris to assume the CEO position. John Wallace has guided the company through a significant chapter of transformation, growth, and value creation, and we are grateful for his leadership. The board has the highest confidence in Chris as the leader for the next phase of the company's journey and is pleased that John will continue serving as a trusted partner to him."

"I am honored to step into the CEO role at Caldwell and build on John's legacy," said Beck. "I would like to thank the board for expressing its confidence in me, and I look forward to collaborating with our employees to drive the next phase of Caldwell's growth. We have an experienced management team and a deep bench of talent across Caldwell and IQTalent whom I am proud to work alongside. I would like to thank John for his stewardship for the past 16 years - he has been a tremendous leader for our firm and mentor to me personally, and I am grateful he will continue to contribute to Caldwell as executive chairperson. Our mission to enable clients to thrive and succeed by helping them identify, recruit, and retain the best talent has never been more critical, and the opportunities before us are exciting."

About Caldwell Partners

Caldwell Partners is a technology-powered talent acquisition firm specializing in recruitment at all levels. Through two distinct brands - Caldwell and IQTalent - the firm leverages the latest innovations in AI to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.

Caldwell Partners' common shares are listed on The Toronto Stock Exchange (TSX: CWL) and trade on the OTCQX Market (OTCQX: CWLPF). Please visit our website at www.caldwell.com for further information.

For further information, please contact:

Investors:
Chris Beck, President & CFO
cbeck@caldwell.com
+1 (617) 934-1843

Media:
Caroline Lomot, Director of Marketing
clomot@caldwell.com
+1 (516) 830-3535

SOURCE: Caldwell Partners International, Inc.



View the original press release on accesswire.com

FAQ

Who is the new CEO of Caldwell Partners International (CWLPF)?

Chris Beck has been appointed as the new CEO of Caldwell Partners International (CWLPF), effective September 1, 2024.

What is John Wallace's new role at Caldwell Partners (CWLPF)?

John Wallace, the former CEO, will assume the role of executive chair at Caldwell Partners (CWLPF) as part of the leadership succession plan.

When does Chris Beck start as CEO of Caldwell Partners (CWLPF)?

Chris Beck will start his role as CEO of Caldwell Partners (CWLPF) on September 1, 2024.

Who has been appointed as lead independent director of Caldwell Partners (CWLPF)?

John Young has been selected as the lead independent director of Caldwell Partners (CWLPF) by the independent directors of the board.

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