-Strategic London-based alliance further strengthens firm’s insurance industry capabilities-
Toronto– June 18, 2010 – Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) today announced an exclusive alliance with Hawksmoor Search, with both firms partnering to better serve clients in the insurance industry.
Based in London, Hawksmoor Search is a retained executive search boutique specializing in board and senior management recruitment for clients in the insurance and reinsurance markets worldwide. The firm was recently launched by Matthew Andrews, an executive search consultant serving the insurance industry since 1987, most recently from CTPartners.
With this alliance, the combined insurance practice of Hawksmoor Search and The Caldwell Partners now has four seasoned partners covering the spectrum of life and P&C, direct and reinsurance, underwriters and brokers as well as functional and technical specialties.
“Matthew has a close understanding of the issues facing leaders in all sectors of the global insurance industry,” said Mike Corey, leader of Caldwell’s insurance practice in North America. “In addition to his numerous CEO and board level appointments, his background in insurance gives him unique insight into senior underwriting and broking roles.
“Coming on the heels of our hiring of Peter Reed, this move demonstrates our commitment to building the best dedicated insurance team in the industry, serving clients in North America, Bermuda and Europe,” Corey continued.
“The alliance between Hawksmoor and Caldwell Partners is based on mutual respect, shared values and a successful track record,” said Matthew Andrews, Director of Hawksmoor Search. “Peter Reed and I have worked together for more than 10 years and can point to a long list of assignments executed seamlessly in North America and Europe.”
“Partnering with Hawksmoor allows us to strategically expand a key practice area, and put a best-in-class team in front of our clients,” said John N. Wallace, President and Chief Executive Officer. “We have a dynamic, quality-focused team of 31 partners in 10 cities across North America, and now we also have a strategic presence in London.”
About The Caldwell Partners
Founded in 1970, The Caldwell Partners International Inc is a retained executive search firm specializing in recruiting “C-class” executives (chief executive, chief financial, chief information officers, as well as other senior executives) and their direct reports. With offices and partners in Vancouver, San Francisco, Los Angeles, Dallas, Calgary, Chicago, Atlanta, Toronto, Stamford, and New York City, 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.
About Hawksmoor Search
Hawksmoor Search is a London-based specialist executive search boutique operating at the board and senior management level. For over twenty years the members of our team have been conducting successful search assignments in the insurance and reinsurance markets worldwide. We identify and deliver the most talented senior executives in the insurance industry. Please visit our website at www.hawksmoorsearch.com for further information.
Forward-looking statements in this document are based on current expectations that are subject to significant risks and uncertainties. Actual results might differ materially due to various factors such as the competitive nature of the executive search industry, the ability of the company to execute its growth strategies, the performance of the Canadian domestic and international economies, and the company’s ability to retain key personnel. The Caldwell Partners assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
For further information, please contact:
The Caldwell Partners International