CALDWELL PARTNER INTL CRP - CWLPF STOCK NEWS

Caldwell (TSX:CWL; OTCQX:CWLPF) has enhanced its life sciences and healthcare recruitment capabilities by hiring Steven Price as a partner in Dallas. Price brings over 20 years of experience, having previously led the Academic and Life Science Practice at Merritt Hawkins/AMN Healthcare. His expertise in building strategic talent acquisition partnerships is expected to strengthen Caldwell's operations in the healthcare sector. Caldwell continues to focus on strategic additions to its team to better serve clients across various healthcare markets.

IQTalent has appointed Jenny Zhao as the firm's inaugural Vice President of Product, effective September 19, 2022. Zhao will oversee the product division, including IQTalent Xchange and IQRecruit. Her previous experience includes leading product initiatives at Asurion, enhancing her qualifications for this role. David Windley, president of IQTalent, expressed confidence in Zhao's capabilities to drive growth in their innovative software solutions aimed at revolutionizing the recruiting landscape. Caldwell Partners (TSX:CWL; OTCQX:CWLPF) supports IQTalent, leveraging AI to refine talent acquisition.

Caldwell has promoted Cait Houston to principal at their Calgary office, recognizing her impressive track record in the industrial sector. Under the leadership of managing partner Dave Winston, Houston will collaborate with partner Courtney Day to enhance Caldwell's capabilities in agriculture. With extensive recruiting experience and a commitment to client satisfaction, Houston is expected to contribute significantly to the firm's growth.

Founded on the belief in the transformative power of talent, Caldwell continues to leverage AI and technology in their executive search services.

The Caldwell Partners International reported a record third quarter revenue of $41.9 million, marking a 17% increase year-over-year. Year-to-date revenues reached $120.2 million, a remarkable 54% growth compared to the previous year. Operating profit for the year-to-date stands at $7.9 million. The company's acquisition of IQTalent Partners significantly contributed, generating $15.2 million in fees for the quarter, a 72% increase. Despite potential short-term moderation due to external economic factors, Caldwell remains focused on strategic recruitment and technology integration.

Caldwell announced its expansion with new offices in Washington, DC and Annapolis, MD, alongside the addition of Byron Marchant as a partner in the Board & CEO Practice. Marchant brings a wealth of experience from his role at the US Naval Academy Alumni and Foundation, where he raised over $541 million. His background includes significant leadership in both public and private sectors, enhancing Caldwell's capabilities in the federal, utilities, and sports sectors. Caldwell continues to leverage technology for talent acquisition, operating under TSX:CWL and OTCQX:CWLPF.

The Caldwell Partners International reported a record Q2 2022 with revenues of $39.8 million, a 66% increase year-over-year. Operating profit reached $5.0 million, marking a significant rise from previous years. Caldwell's executive search segment generated $27.4 million in revenue while its IQTalent Partners segment contributed $12.6 million. The firm highlighted strong organic growth across both segments and ongoing investments in technology to enhance talent acquisition services. Overall, this quarter signifies the highest performance in the company's history.

Caldwell Partners International (TSX:CWL, OTCQX:CWLPF) announced an international alliance with Johnson Partners, enhancing their executive search capabilities across Australia, New Zealand, and North America. Johnson Partners has acquired Caldwell's New Zealand licensee, integrating Caldwell’s Australian team, establishing a reciprocal partnership. This collaboration aims to drive revenue growth and provide transformative searches at high management levels. The partnership enables both firms to leverage their strengths for international opportunities.

Caldwell Partners International held its Annual General and Special Meeting on February 22, 2022, with 53.16% of shareholders voting. All nominated directors were elected, with voting percentages showing high support: C. Christopher Beck at 99.75%, Paul R. Daoust at 98.06%, and others above 97%. KPMG LLP was appointed as auditors with 96.90% approval, and the 2022 equity incentive plan was confirmed with 92.19% support. A management presentation post-meeting will be available online for further insights into business strategies.