News

Toronto, ON – January 14, 2021 – Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) announced changes to its senior leadership team as the company expands operations after its merger with IQTalent Partners, a technology-driven talent acquisition and executive search firm.

John Wallace has relinquished the role of President of Caldwell, and the Board has appointed Chris Beck in his place. Mr. Wallace will continue in his role as Chief Executive Officer of Caldwell Partners and Mr. Beck will continue in his role as Chief Financial Officer of Caldwell Partners.

In his expanded role, Mr. Beck will be responsible for all financial and investor relations functions of the enterprise, and will provide day-to-day leadership and management of the executive search business. His chief areas of focus are the firm’s growth strategies, processes and fostering a success-oriented environment inside the firm. He will also continue to lead Caldwell’s diversity, equity and inclusion initiatives.

David Windley has been appointed as President of IQTalent Partners, responsible for the day-to-day leadership and management of IQTalent Partners and focused on the firm’s continued growth. He will also join Caldwell Partners’ executive leadership team.

Mike Falagario has been appointed Vice President, Finance of Caldwell Partners, responsible for the finance and accounting functions of both Caldwell and IQTalent Partners. He will remain as Corporate Secretary of Caldwell Partners.

“These changes are part of an overall growth strategy as we continue to transform into a technology-powered talent acquisition firm specializing in recruitment at all levels,” said John Wallace, chief executive officer of Caldwell. “By combining our two firms’ capabilities, expertise, network, and resources, our teams will have the ability to strengthen our client offerings and create a seamless recruiting experience all the way through the C-suite and the boardroom for our clients. Chris, David and Mike are experienced Caldwell and IQTP employees who are well-placed to usher in this exciting new era of growth for our combined organizations and to ensure that our teams are able to remain wholly focused on one thing: putting clients together with the right talent to fuel their success.”

These changes are effective immediately.

About Caldwell Partners

Caldwell Partners is a technology-powered talent acquisition firm specializing in recruitment at all levels.

Caldwell, a retained executive search firm, enables clients around the world to thrive and succeed by helping them identify, recruit and retain the best people. Our reputation – 50 years in the making – has been built on transformative searches across functions and geographies at the very highest levels of management and operations. We are a leading licensed certified partner of The Predictive Index (PI), an award-winning talent optimization platform with a suite of talent strategy and assessment tools that – when integrated with our search process – helps clients hire the right people, then manage and inspire them to achieve maximum business results as fast as possible.

IQTalent Partners offers consulting, candidate sourcing, candidate research, and full lifecycle recruiting to its clients. Using a unique on-demand business model, IQTP augments the client’s in-house talent acquisition team in a partnership without commissions or long-term contracts. Founded in 2009 with a mission to find a better, more cost-effective, and efficient way for organizations and candidates to find a match, the company has partnered with more than 300 corporations from Fortune 500s to startups. IQTP’s IQTalent Xchange is an original market concept using advanced artificial intelligence combined with human expertise to create a passive candidate marketplace. The proprietary talent exchange platform includes more than 300 million global professionals, offering clients unprecedented access to the most qualified candidates.

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

Forward-Looking Statements

Forward-looking statements in this document are based on current expectations that are subject to the significant risks and uncertainties cited. These forward-looking statements generally can be identified by 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. The Company is 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, software that we license from third parties, our ability to successfully recover from a disaster or other business continuity issues, successfully integrating or realizing the expected benefits from our acquisitions, adverse operating issues from acquired businesses, 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, including the impact of pandemic diseases; competition from other companies directly or indirectly engaged in executive search; liability risk in the services we perform; potential legal liability from clients, employees and candidates for employment; cybersecurity requirements, vulnerabilities, threats and attacks; damage to our brand reputation; our ability to align our cost structure to changes in our revenue; adverse governmental and tax law rulings; our ability to generate sufficient cash flow from operations to support our growth and fund any dividends; technological advances may significantly disrupt the labour market and weaken demand for human capital at a rapid rate; foreign currency exchange rate fluctuations; affiliation agreements may fail to renew or affiliates may be acquired; marketable securities valuation fluctuations; increasing dependence on third parties for the execution of critical functions; volatility of the market price and volume of our common shares; 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, and 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.

For more information, please contact:

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

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