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Category: Solomon Page

WWD EXCLUSIVE: Solomon Page Acquires E.A. Hughes & Co.

Filed under: ambition, Big Ideas & Innovation, Branding, Communication, company culture, Company News, Job Market, Leadership, News, Organization, Solomon Page, Uncategorized, Women Leaders

The deal bolsters Solomon Page’s position in retail and fashion c-suite searches.

As seen in WWD.

By David Moin on January 28, 2019

Solomon Page, a $185 million staffing and executive search firm servicing 14 different sectors, has acquired E.A. Hughes & Co., a retained executive search firm.

“Our primary driver of growth historically has been organic,” said Lloyd Solomon, a founding partner and managing director of Solomon Page. “We attract experienced people, add to the team and build our service offerings. But selectively, when we see something we consider unique and special and circumstances coincide, we will do an acquisition and incorporate their team into ours to create a bigger family and better services for clients.

“We’ve done about four acquisitions over our 28-year history, in health-care executive search, the publishing search space, in the legal staffing world and technology,” Solomon said. “E.A. Hughes really extends our reach in the fashion retail consumer goods space and becomes a division. They retain their group, and operate autonomously and collaboratively with our existing fashion team.”

Solomon added that E.A. Hughes’ expertise in c-suite searches complements Solomon Page’s strength in full-time recruitment and freelance hiring, thereby providing Solomon Page with a “broader” approach.

Financial terms of the deal were not disclosed.

The E.A. Hughes team of eight will continue to be led by Elaine Hughes, who founded E.A. Hughes & Co. in 1991. The boutique executive search firm has been serving the retail, apparel, footwear, beauty, home and e-commerce sectors, among others.

She reports to Solomon, and joins Solomon Page’s fashion and beauty division, led by managing directors Sue Lamoreaux and Patty Hoban Scott.

“Elaine has influenced the careers of many senior executives in retail and fashion and advocated for women in the industry by example and involvement in many organizations during the past three decades,” Lamoreaux said.

Hughes underscored the “synergies” accomplished by combining the two firms, and that the deal gives Solomon Page a broader scope of talent acquisition encompassing Csuite executive search, mid-level searches, as well as staff jobs such as sales associates.

As Hughes sees it, inadequate search is a big factor behind the industry’s high rate turnover at the c-suite level. Many search firms, she suggested, neglect conducting the proper “deep dive” into the candidate’s functional talents, experience and E.Q. to determine whether he or she is a good fit for the organization doing the recruiting and its culture. “No one really assesses it all,” Hughes said.

Recently, Lisa Berger, formerly with the 24 Seven recruitment agency, joined Solomon Page to launch its beauty segment.

“In the ever-evolving landscape of human capital and business models, our goal is to adapt to shifts in the marketplace and create a multifaceted approach to our clients,” Solomon said.

The New York-based Solomon Page, founded in 1990, has 275 employees, 10 offices in the U.S., and one in London. Scott Page is also a founding partner in the company and managing director.

Solomon Page Changes the Recruitment Landscape for Fashion, Retail, and Beauty Markets

Filed under: ambition, Communication, company culture, Company News, innovation, Job Market, Leadership, News, Organization, Press Release, Recruiting & Hiring, Solomon Page, Success, Thought Leadership, Women Leaders

The Company Acquires Retained Executive Search Firm E.A. Hughes & Co.

NEW YORK, NY, January 28, 2019 – Solomon Page, a specialty niche provider of staffing solutions and executive search, announces the acquisition of E.A. Hughes & Co., a leading retained executive search firm servicing the retail and consumer markets. Founded by Elaine Hughes in 1991, E.A. Hughes & Co. has advised clients in their strategic growth initiatives through a unique and comprehensive approach to the search process.

The E.A. Hughes team will continue to be led by Elaine Hughes and will join the Fashion & Beauty Division of Solomon Page, led by Sue Lamoreaux and Patty Hoban Scott in the full-time and freelance fashion markets, respectively. This will further complement the excellent reputation the company holds both geographically and strategically.

“I am thrilled by the synergy this acquisition will provide to each of our clients,” said Elaine Hughes. “It will allow the team to deliver unpreceded talent acquisition encompassing the C-suite executive placements to temporary hires from a single source”.

Sue Lamoreaux adds, “We are very excited to have the opportunity to partner with Elaine and her team. She has influenced the careers of many senior executives in retail and fashion and advocated for women in the industry by example and involvement in many organizations during the past three decades.”

Simultaneously Solomon Page has increased its capabilities in the beauty segment, recently adding Lisa Berger to the team to spearhead the expansion. Ms. Berger has a proven track record in strategic talent acquisition and will advise beauty brands as they seek to build their organizations, in addition to providing relevant content and access to diverse channel partnerships.

“In the ever-evolving landscape of human capital and business models, our goal is to adapt to shifts in the marketplace and create a multi-faceted approach to our clients,” said Lloyd Solomon, Founding Partner and Managing Director of Solomon Page. “Our existing footprint coupled with E.A. Hughes’ established presence uniquely qualifies us as a progressive and forward-thinking brand in the new world of the retail, fashion, and beauty industries. Additionally, our strong and longstanding relationships in the financial services and private equity communities, led by Founding Partner and Managing Director Scott Page, uniquely position our firm as a strategic partner and advisor during this transformational time in the industry.”

The Secret to Entrepreneurial Employee Performance Reviews

Filed under: Insights, Leadership and Management, Professional Development, Solomon Page, Strategy, Success, Thought Leadership

Entrepreneurs create opportunities for their companies and people to grow.

For a forward-thinking leader, facilitating the development of their most valuable assets, talented people, allows each individual to realize their potential. They ensure that boundaries are minimized and innovative thinking is rewarded – no matter what the nature of the outcome. The most sustainable growth is born from creativity and calculated risk-taking, in conjunction with analysis and contemplation.

The non-linear nature of such growth means that it is hard to fit in a one-size-fits-all box.

When a professional journey is so fluid, it doesn’t fit well within a formal framework. Big corporations have long championed the quarterly and annual review process as a tool for continuous assessment and appraisal, but as it has to be suitable for a wide range of employees, it is often the case that something that is “good” for all is rarely “excellent” for any.

An entrepreneurial mindset within such a large organization would find such a cookie-cutter review process incredibly limiting. A more individualized approach is desirable.

At Solomon Page, our divisions have long enjoyed a significant degree of autonomy. One of our core values is agility, and mandating that each practice leader develop their teams following the exact same framework is counterproductive. A shared set of core values, combined with a flexible approach, guides our organizational growth strategy.

We try our best to take a page out of the entrepreneurial playbook.

One of the most important things to consider in an entrepreneurial review is to approach the conversation from the point of view of the employee and employer rather than just the employer. It is empowering to have an employee participate in their career growth and goal-setting, rather than having goals dictated for them. People commit when the fire comes from within and they hold themselves accountable. When you provide an employee with an opportunity to participate while leading them in the right direction, it is incredibly powerful and productive.

The second consideration is to ensure that performance is rewarded and acknowledged.

When you have such an approach where excellence is rewarded, it is important to encourage people to aim high. With this comes the probability of failure. An entrepreneurial culture should factor in this possibility in every developmental conversation. When failure is normalized in the decision-making process, it fosters an environment of healthy risk-taking and engagement. The review process should encourage people to aim high to reach their potential. Setting ambitious goals, and plotting a path towards them, is one of the most rewarding aspects of a manager / employee relationship, and builds a shared commitment to a unified set of objectives.

The employee review process becomes a staging post towards excellence.

Lloyd Solomon Featured in Real Estate REality Check Podcast

Filed under: ambition, Career Advice, Company News, Insights, Interviews, Professional Development, Solomon Page, Success, Thought Leadership

Lloyd Solomon, Managing Director of Solomon Page, was recently interviewed by Larry Haber in his podcast Leasing REality: Real Estate REality Check.

Larry conducts an ongoing series of weekly conversations with business executives designed to empower emerging and seasoned professionals to reach their full business potential. Using rock ‘n roll, hip hop, and pop culture analogies as the basis for many of his questions, the overwhelming majority of responses from his guests are informative, entertaining, and most importantly, a conduit to help incentivize listeners to become masters of their career and/or business domains.

Lloyd speaks to his journey building his business over the past 28 years, including the highs and lows, and prevalent lessons learned. He gives advice to business owners on how to lead a successful company and satisfied staff, in addition to providing insight to candidates looking to excel in their career.

You can listen to the podcast here.

LinkedIn Names Solomon Page as One of the Top 25 Most Socially Engaged Staffing Agencies

Filed under: Company News, LinkedIn, Social Media, Solomon Page

Today (10/19/17), LinkedIn announced their 2017 list of the Most Socially Engaged Staffing Agencies, with Solomon Page coming in at #13.

Based on content performance, recruiter activity, and overall engagement, LinkedIn compiled their data to determine the Top 25 front-runners, all of whom have proven to provide the best opportunities and experiences for LinkedIn members.

With more than 60,000 eligible search and staffing companies, Solomon Page is honored and excited to be included amongst the North American Top 25.

View the complete list here…

Solomon Page Announces the Launch of Legal Services Division and Opens Los Angeles Office Location

Filed under: Press Release, Solomon Page

Solomon Page Announces the Launch of Legal Services Division and Opens Los Angeles Office Location
The Company Hires Legal Staffing Experts Julie Favetta and Wendy Sullivan to Lead the Division

 

NEW YORK, NY, April 19, 2017 – Solomon Page, a specialty niche provider of staffing solutions and executive search, announced the addition of Julie Favetta and Wendy Sullivan to support the recently launched Legal Services Division. This rounds out the company’s service offerings to seven functional divisions and seven industry divisions.

Favetta and Sullivan, with a combined thirty years of experience servicing legal staffing, join Solomon Page at an opportune time. Favetta, East Coast Managing Director, and Sullivan, West Coast Managing Director, are both focused on accelerating the document review and managed review service offerings, along with contract legal staffing.

“It’s no secret that digital technology has transformed the document review process, and law firms and corporations have shifted their focus to outsourcing,” said Lloyd Solomon, Founder and Managing Director, Solomon Page. “What has been missing is the lack of customer service with the solutions provided. With Favetta and Sullivan in place, we’re better equipped to continually improve our company offerings and strategic partnerships, enabling law firms and corporate legal departments to more efficiently succeed nationwide.”

To address the expansion of service offerings, Solomon Page increased its presence in California with the opening of the Los Angeles office. The office, located at 515 S. Flower Street, is the tenth office location for the company and will house the West Coast Legal Services team along with a dedicated space for Managed Document Review. Furthermore, legal recruiting and back office teams supporting the launch have been added on the East and West Coasts.

“I’m joining the Solomon Page executive team at a true industry inflection point,” says Favetta. “As a team, Wendy and I will work to build customizable client solutions in an ever-changing industry. With the resources of a large company but the agility of a small firm, Solomon Page is the perfect partner for this journey. ”

“Our goal in launching this division is to bring personal service back to the forefront of legal staffing, which has been absent in recent years,” adds Sullivan. “The new Los Angeles office offers accessibility of this service offering to the California market.”

About Solomon Page
Founded in 1990, Solomon Page is a specialty niche provider of recruiting and executive search solutions across a wide array of functions and industries. A privately held $180+ million organization, Solomon Page has over 250 employees and ten office locations in the US and London. The depth of its recruiting resources extends across executive search, direct hire, temporary staffing, and project-based consulting.


Media Contact
Rachel Tigges
rtigges@solomonpage.com
212-403-6100