Caldwell Partners Strengthens Financial Services Practice with the Addition of Richard Stein

Toronto – March 16, 2011 – Retained executive search firm Caldwell Partners (TSX: CWL) today announced a major enhancement to its recruiting capabilities in the financial services industry with the addition of Richard Stein as a Partner based in the company’s New York office.

“This is a very exciting time for Caldwell Partners” said John N. Wallace, chief executive officer. “We continue to make strategic additions to our partner team where we can enhance our overall platform. Richard joins an already formidable group of partners focused on the financial services industry; his experience adds more depth and a new perspective to the practice.”

Mr. Stein has more than 25 years of experience recruiting in financial services, with particular expertise in areas such as global markets, private banking, wealth management, risk and compliance, consumer banking, technology and operations. He is known as a trusted advisor to leaders by focusing on metrics in a fiercely competitive world to challenge perceived wisdom and more accountability. He also has demonstrated expertise in major builds or realignment of businesses where clients need to build large teams quickly.

“Richard’s extensive background in strategic and competitive analysis gives him keen insight into the threats and challenges facing clients’ businesses in this rapidly changing regulatory environment,” said Paul Heller, leader of Caldwell Partners’ Financial Services Practice. “This perspective has been invaluable to his clients, who – with his help – have been able to successfully effect organizational change.”

Prior to joining Caldwell Partners, Mr. Stein was senior partner of the North Atlantic at Global Sage, a boutique firm specializing in financial services search and leadership. While there, he built and ran the Americas and European arm of the Hong Kong-based firm, focusing the North American franchise on executive search, corporate intelligence and management assessment.

Previously, he was a senior client partner in the Capital Markets Practice at Korn/Ferry International. Before that, he founded Futures International, which later merged with the Whitney Group. His early career in executive search was spent at Diamond Associates and then Options Group.

Mr. Stein holds a bachelor’s degree in history, politics and literature from the University of Buckingham and also attended the University Libre de Lille in France.

Based in Caldwell Partners’ New York office, Mr. Stein joins a team that includes financial services recruiters Paul Heller, Michael Martinolich, Scott Bilby, Gerry Cameron and Leah Peskin; insurance recruiter Doug Mann, and recent hire Jerry McGrath, a preeminent human resources recruiter.

About Caldwell Partners
Caldwell Partners is one of North America’s premier providers of executive search and has been for 40 years. As one of the region’s most trusted advisors in executive search, the firm has a sterling reputation built on successful searches for boards, chief and senior executives, and selected functional experts.

With offices and partners across North America, and a strategic presence in London, the firm takes pride in delivering an unmatched level of service and expertise to its clients.

The Caldwell Partners’ Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at www.caldwellpartners.com for further information.

For further information, please contact:
Caroline Lomot
Caldwell Partners
clomot@caldwellpartners.com
+1.516.830.3535