Caldwell Enhances Recruiting Capabilities in Automobility with the Addition of Gregory McDonald

Rhea-AI Summary

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.

Positive

• Addition of Gregory McDonald as partner enhances Caldwell's recruiting capabilities in the automobility sector
• McDonald brings 20 years of automotive industry experience and over a decade in executive search
• Expansion into new industrial sectors, including automobility, robotics, and emerging technologies
• Strategic advancement into the automotive industry, potentially opening new revenue streams

Negative

• None.

TORONTO, ON AND ATLANTA, GA / ACCESSWIRE / August 13, 2024 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced a major enhancement to its recruiting capabilities in the automobility sector with the addition of Gregory McDonald as a partner in the firm's Industrial Practice, focused on recruiting executives in the automobility sector.

"Gregg brings an impressive combination of market/industry knowledge gained from a 20-year career in the automotive industry and more than a decade of experience building leadership teams for a wide variety of clients, including Fortune 500, small-, mid-, and large-cap public and private companies," said Dave Winston, managing partner of Caldwell's Industrial Practice. "His passion for connecting his clients with the best global talent, his deep expertise, his extensive network of industry contacts, and his strong integrity make him an excellent addition to the Caldwell team."

Mr. McDonald has an impressive track record of success building leadership teams for clients in automobility - OEMs, suppliers, dealers, retailers, and services providers - as well as robotics, telecommunications, metals, plastics, chemicals, private equity, venture capital (SPAC), and energy. He has also helped companies find digital leaders to transform their businesses in such technologies as smart grid, connected vehicles, mobility as a service, and the internet of things.

Mr. McDonald joins Caldwell from Maccabeus LLC, a boutique executive search firm he founded in 2021. Prior to that, he held leadership roles at Russell Reynolds and Heidrick & Struggles, working with both public and private clients in automobility, chemicals, energy, consumer, and technology.

Before his career in executive search, Mr. McDonald had a 20-year career as an engineering executive, working for Carborundum, Ford Motor Company, General Electric, and PolyOne.

Mr. McDonald earned a bachelor's degree in industrial engineering from the State University of New York in Buffalo.​

"Our focus has always been to connect our clients with transformational talent," said Chris Beck, president. "Gregg's addition to our team marks a strategic advancement into the automotive industry, and we're truly pleased to be able to serve a new component of the industrial sector. We're excited to welcome him to the team and look forward to bringing on additional high-caliber partners at Caldwell in the months ahead."

​​About Caldwell
Caldwell is a leading retained executive search firm connecting clients with transformational talent. Together with IQTalent, we are a technology-powered talent acquisition firm specializing in recruitment at all levels. Through the 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's 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:

Caroline Lomot
Caldwell
clomot@caldwell.com
+1 516 830 3535

Forward-Looking Statements
Forward-looking statements in this document are based on current expectations subject to the significant risks and uncertainties cited. These forward-looking statements generally can be identified by the use of statements that include phrases such as "believe," "expect," "anticipate," "intend," "plan," "foresee," "may," "will," "likely," "estimates," "potential," "continue" or other similar words or phrases. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements.

We are subject to many factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statement including, but not limited to, the impact of pandemic diseases, our ability to attract and retain key personnel; exposure to our partners taking our clients with them to another firm; the performance of the US, Canadian and international economies; risks related to deposit-taking institutions; foreign currency exchange rate fluctuations; competition from other companies directly or indirectly engaged in talent acquisition; cybersecurity requirements, vulnerabilities, threats and attacks; damage to our brand reputation; our ability to align our cost structure to changes in our revenue; liability risk in the services we perform; potential legal liability from clients, employees and candidates for employment; reliance on software that we license from third parties; reliance on third-party contractors for talent acquisition support; the classification of third-party labour as contractors versus employee relationships; our ability to successfully recover from a disaster or other business continuity issues; adverse governmental and tax law rulings; successfully integrating or realizing the expected benefits from our acquisitions, adverse operating issues from acquired businesses; volatility of the market price and trading volume of our common shares; technological advances may significantly disrupt the labour market and weaken demand for human capital at a rapid rate; affiliation agreements may fail to renew or affiliates may be acquired; the impact on profitability from marketable securities valuation fluctuations; increasing dependence on third parties for the execution of critical functions; our ability to generate sufficient cash flow from operations to support our growth and fund any dividends; potential impairment of our acquired goodwill and intangible assets; and disruption as a result of actions of certain stockholders or potential acquirers of the Company. For more information on the factors that could affect the outcome of forward-looking statements, refer to the "Risk Factors" section of our Annual Information Form and other public filings (copies of which may be obtained at www.sedar.com). These factors should be considered carefully, and the reader should not place undue reliance on forward-looking statements. Although any forward-looking statements are based on what management currently believes to be reasonable assumptions, we cannot assure readers that actual results, performance or achievements will be consistent with these forward-looking statements. Management's assumptions may prove to be incorrect. Except as required by Canadian securities laws, we do not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf; such statements speak only as of the date made. The forward-looking statements included herein are expressly qualified in their entirety by this cautionary language.

SOURCE: Caldwell Partners International, Inc.

View the original press release on accesswire.com

FAQ

Who is Gregory McDonald and what is his role at Caldwell (CWLPF)?

Gregory McDonald is a new partner in Caldwell's Industrial Practice, focused on recruiting executives in the automobility sector. He brings 20 years of automotive industry experience and over a decade in executive search.

What industries does Gregory McDonald specialize in at Caldwell (CWLPF)?

McDonald specializes in automobility (OEMs, suppliers, dealers, retailers, and services providers), robotics, telecommunications, metals, plastics, chemicals, private equity, venture capital, and energy sectors.

How does Gregory McDonald's addition impact Caldwell's (CWLPF) business strategy?

McDonald's addition marks a strategic advancement into the automotive industry, allowing Caldwell to serve a new component of the industrial sector and potentially expand its client base and revenue streams.

What was Gregory McDonald's professional background before joining Caldwell (CWLPF)?

Before joining Caldwell, McDonald founded Maccabeus , held leadership roles at Russell Reynolds and Heidrick & Struggles, and had a 20-year career as an engineering executive at companies like Ford Motor Company and General Electric.