CHICAGO – May 1, 2012 – Cook Associates Executive Search (www.cookassociates.com/executive-search), a leading retained executive search firm, today announced that it was ranked 16th in HSZ Media’s Executive Search Review, a list of the Top 25 Search Firms in the U.S. and Americas. Compiled based on company revenues, the ranking notes that Cook’s annual revenues grew 39 percent in 2011. Cook Associates has been in business for 51 years and is one of three female-led executive search firms on the list. The company provides retained executive search and board advisory services to both public and private businesses and is particularly adept at serving the middle market.
Cook Associates Executive Search CEO Mary Kier commented, “We’re delighted to join the list and proud of our reputation as a firm with deep industry experience and a commitment to diversity. We are honored to serve clients that range across multiple industries and include brand name and portfolio investors, and we thank our consultants, whose quality work has contributed to our growth and longevity.”
The annual ranking was compiled by HSZ Media, LLC, a market research firm providing human capital news content and PR services to talent management professionals and their organizations worldwide.
To download a copy of the Executive Search Review, please click here.
About Cook Associates Executive Search
Cook Associates provides retained executive search services to multinational corporations, early-stage entrepreneurial companies, midcap, privately held and family-owned businesses, as well as venture capital- and private equity-backed firms. The company’s reputation as a trusted business advisor is built on decades of successfully identifying and guiding clients to the right solutions to drive performance and gain competitive advantage. For more information, visit www.cookassociates.com.
Boston Gains 8.0% while New York Gains 6.2%,
According to Quarterly Report from Cook Associates Executive Search
CHICAGO – April 10, 2012 – Cook Associates Executive Search (www.cookassociates.com/executive-search), a leading retained executive search firm, today released its second quarterly East Coast Internet and Digital Media Jobs Index, which tracks job creation at almost 400 digital media companies in Boston and New York including Facebook, Google, TripAdvisor and Gilt Groupe. Covering the first quarter of 2012, the Cook Associates Index reveals that hiring in this sector is up in both cities, with a gain of 8.0% in Boston and 6.2% in New York since Q4 2011. Combined, these two cities currently employ approximately 33,000 individuals in the digital media sector.
John Barrett, a Managing Director for Cook Associates’ Digital Media Practice, stated, “Boston and New York City each showed very strong gains in employment in this key sector, but the strength of hiring in Boston is especially surprising given that technology investing in the city has been lagging well behind New York for the past 24 months.”
New York’s job gains were significantly impacted by West Coast companies, such as Google, LinkedIn, Facebook and Amazon, which have either made acquisitions or set up offices in New York. In addition, a number of newer companies have received substantial venture funding in the past two years, leading to major bumps in hiring for companies such as Appnexus, Fab.com and ZocDoc. Boston’s first quarter gains, on the other hand, came mainly from homegrown companies that have been around for a while, such as Constant Contact and TechTarget. Boston has some newer breakout companies such as Wayfair and HubSpot that have been aggressively hiring.
“For the remainder of 2012, I expect Internet and digital media hiring in New York to accelerate more than in Boston due to the one-two punch of continued high levels of venture capital funding in New York and the investment of West Coast companies in the Big Apple,” added Barrett. “Anywhere from 40-50% of the employment in this sector is with private venture-funded companies and, according to CB Insights, VC funding in the NY tech sector was roughly double that of the Boston tech sector in 2011. Over time, I would expect hiring trends to mirror those investment trends.”
First Quarter 2012 results from Cook Associates’ Internet and Digital Media Jobs Index:
New York data:
266 Internet and digital media companies with 10+ employees in New York City
Percentage of companies that showed the following headcount changes:
Companies showing largest headcount gains include:
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Google
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Amazon
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Appnexus
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Fab.com
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LinkedIn
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Facebook
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ZocDoc
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ScrollMotion
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FreshDirect
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Quidsi
Up-and-coming companies showing large headcount gains:
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Tumblr
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Totsy
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Yext
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Warby Parker
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Thrillist
Boston data:
118 Internet and digital media companies with 10+ employees in Boston
Percentage of companies that showed the following headcount changes:
Companies showing largest headcount gains include:
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Constant Contact
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Wayfair
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TechTarget
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HubSpot
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Brightcove
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Demandware
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Turbine
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Zipcar
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TripAdvisor
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Vistaprint
Up-and-coming companies showing large headcount gains:
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Vlingo
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Fiksu
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Care.com
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Crimson Hexagon
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Cartera Commerce
Cook surveyed only pure-play Internet and digital media companies. Based on its research, the company believes that the businesses surveyed represent more than 90% of the Internet and digital media employees in New York and Boston. Virtually all companies in the survey are currently or were previously financed by venture capital investors. Major digital sub-sectors covered include media/content, social networking, advertising, mobile media/commerce, e-commerce, video, local, analytics and marketing software. Excluded from the survey were digital-focused employees of “traditional” companies and digital ad agencies. Cook Associates continually adds or subtracts companies for inclusion in the Index based on the criteria of employing 10 or more employees. Cook’s East Coast Internet and Digital Media Jobs Index is current as of April 1, 2012.
For more information about Cook Associates’ Digital Media practice, please visit http://www.cookassociates.com/executive-search/practice-areas/digital-media---entertainment/ Follow Managing Director John Barrett on Twitter at @jbarrett.
About Cook Associates Executive Search
Cook Associates provides retained executive search services to multinational corporations, early-stage entrepreneurial companies, midcap, privately held and family-owned businesses, as well as venture capital- and private equity-backed firms. The company’s reputation as a trusted business advisor is built on decades of successfully identifying and guiding clients to the right solutions to drive performance and gain competitive advantage. For more information, visit www.cookassociates.com.
Nearly 350 New York and Boston Companies Employ 30,000, According to First Quarterly Report from Cook Associates Executive Search
CHICAGO – January 16, 2012 – Cook Associates Executive Search (www.cookassociates.com/executive-search), a leading retained executive search firm, today released its first quarterly East Coast Internet and Digital Media Jobs Index, which tracks job creation at almost 350 digital media companies in Boston and New York. Cook Associates found that these two cities employ approximately 30,000 individuals in the digital media sector.
According to John Barrett, a Managing Director in Cook Associate’s Digital Media Practice, “Silicon Valley is synonymous with venture capital, yet the East Coast has also attracted significant venture capital dollars, especially in the explosive digital media sector. Boston and New York have exceptional talent pools that are growing. In addition, many of the largest public players such as Google continue to expand hiring on the East Coast. We found a number of surprises in digital media employment in New York and Boston. We’ll be following digital media hiring trends as we benchmark industry growth in these cities.”
Index data indicate that New York is home to a larger number of newer companies that have emerged in the past five years. While Boston’s hiring trends will continue to be favorable, digital media headcount in New York City in the future will likely grow at a faster rate given the current venture investment trends favoring that city. Another proof-point of New York City’s surge in start-up activity is that only 50 percent of NYC-based employees work for a publicly-traded company, whereas 59 percent of Boston-based employees work for public companies, reflecting that many of the older start-ups in Boston have been gobbled up by larger enterprises.
Barrett noted, “Our study focused on identifying those digital media companies with 10 or more employees. We tallied more than 10,900 digital media employees in Boston while there are over 19,600 in New York City. Despite Boston not being known as a large consumer-driven town, we were surprised to find over 6,400 people employed in consumer Internet companies, about 59 percent of the total for the city. By comparison, New York City has approximately 13,500 employees, or 71 percent of the total, in the consumer Internet sector. Not surprisingly, large national players such as Google, Yahoo and AOL, each have large offices in both cities. Up-and-coming employers in New York include Gilt Groupe, Etsy, Yodle and Ideeli while Boston has Wayfair, Hubspot, Rue La La and Carbonite.”
New York data:
230 digital media companies who have 10+ employees in New York City
-50% of companies are consumer-focused vs. 50% business-focused
-Top 20% of largest employers in NYC employ 68% of the headcount
Approximately 19,600 NYC-based employees among those 230 companies
-50% working in public companies vs. 50% in private companies
-71% working in consumer-focused companies vs. 29% in business-focused companies
Boston data:
116 digital media companies who have 10+ employees in Boston
-46% of companies are consumer-focused vs. 54% business-focused
-Top 20% largest employers in Boston employ 67% of the headcount
Approximately 10,900 Boston-based employees among those 116 companies
-59% working in public companies vs. 41% in private companies
-59% working in consumer-focused companies vs. 41% in business-focused companies
Cook surveyed only pure-play digital media companies. Based on its research, the company believes that the businesses surveyed represent more than 90% of the digital media employees in New York and Boston. Virtually all companies in the survey are currently or were previously financed by venture capital investors. Major digital sub-sectors covered include media/content, social networking, advertising, mobile media/commerce, e-commerce, video, local, analytics and marketing software. Excluded from the survey were digital-focused employees of “traditional” companies and digital ad agencies. Cook’s East Coast Digital Media Jobs Index is current as of January 1, 2012.
For more information about Cook Associates’ Digital Media practice, please visit http://www.cookassociates.com/executive-search/practice-areas/digital-media---entertainment/ Follow Managing Director John Barrett on Twitter at @jbarrett.
About Cook Associates Executive Search
Founded by executive search pioneer Ruth Cook in 1961, Cook Associates Executive Search has thrived for more than 50 years because of its commitment to securing executive-level talent to drive corporate performance for clients. We specialize in recruiting key contributors that range from independent board directors to CEOs to functional VPs and other executives. Within their respective industries, our clients are innovators that span the gamut from Fortune 100 to early-stage companies, including publicly traded, family owned, private equity and venture capital backed companies. For more information, visit www.cookassociates.com/executive-search.
Kevin Logterman, Managing Director and head of Cook's Industrial and Family Business practices was featured in MetalMiner regarding his recent manufacturing survey exploring re-shoring. To read the full story, click
here.