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In late February 2021, the Pedersen & Partners Private Equity Practice Team had the pleasure of welcoming via video session Stefan H. Gödel, Operating Partner at Fidelium GmbH in Munich.
Mr. Gödel has 20+ years of experience as a Managing Director in consulting, M&A and private equity functions. Moreover, he has broad knowledge and expertise in restructuring corporate clients and value creation for Private Equity investors.
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March 5, 2021 – Bangkok, Thailand – Pedersen & Partners, a leading international Executive Search firm with 54 wholly owned offices in 50 countries, is pleased to announce that Charupat Sangwong has joined the firm in Thailand as Principal.
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A Russian perspective on the pandemic
2020 will be remembered as a year of major unexpected changes, in our personal lives and in the corporate world. Companies all over the world and across most economic sectors faced challenges on a scale that has not been seen for decades. Since February, companies have been struggling to preserve the continuity and viability of their business, while at the same time guaranteeing the safety of their employees.
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The future of agriculture will be directly impacted by two of humanity’s biggest challenges: population growth and climate change. With more mouths to feed, less planet to feed them on, and increasingly alarming predictions of environmental shifts, agricultural innovators must figure out how to grow more food, faster and with fewer resources. The implementation of digital technologies will help scale up the planet’s food production mechanisms sustainably.
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January 29, 2021 – Pedersen & Partners, a leading international Executive Search firm with 54 wholly owned offices in 50 countries, is celebrating its 20th anniversary in 2021. The firm was founded in Prague and Warsaw in January 2001, and has achieved unprecedented growth by providing world-class Executive Search services to its clients.
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January 8, 2021 – Singapore – Pedersen & Partners, a leading international Executive Search firm with 54 wholly owned offices in 50 countries, is pleased to announce that Ruchika Gokarn will be our new Client Partner in the Singapore office.
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January 8, 2021 – Shanghai, China – Pedersen & Partners, a leading international Executive Search firm with 54 wholly owned offices in 50 countries, is pleased to announce that Olivia Zhou will be joining the Shanghai office as a Consultant.
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Introduction
On a global scale, the packaging industry is an enormous economic generator. The global packaging market, valued at $589.9 billion in 2015, will be worth $770.5 billion by 2020. Smithers statistics indicate that demand for the world packaging industry will reach $1.05 trillion by 2024.
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During the start of the coronavirus pandemic, the Global Business Services (GBS) industry performed well, making a relatively smooth and fast transition to remote working without significant disruption to its service delivery. This adaptability has given businesses a little breathing room to try to recover from this shock by focusing on their customers and suppliers, knowing that their core operations will continue to function strongly.
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4 Αυγούστου 2015, Λευκωσία, Κύπρος − Η Pedersen & Partners, μια κορυφαία διεθνής εταιρεία Executive Search με 53 εξ-ολοκλήρου ιδιόκτητα γραφεία σε 50 χώρες, ανακοίνωσε σήμερα το διορισμό της Χριστιάνας Κυριάκου ως Country Manager Κύπρου.
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Madrid, Spain – The most recent forecasts from the Bank of Spain predicted that the national economy would increase by 2.5% in the first quarter of 2015. In 2014, the bank predicted that economic growth would increase by 2% through 2015, but has since raised this projection to 2.8%. The European Commission and IMF have also raised their forecasts to 2.8% and 2.5%. 2014 was the first year since the 2008 real-estate crash that Spain experienced economic growth (1.4%).
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Bogotá, Colombia – A few years ago, Professor Michael Porter was invited to Colombia by the Social Foundation to celebrate their centennial. He was asked in an interview why competitiveness is important, and he explained that competitiveness, if properly understood, is the root of prosperity. The main idea of competitiveness is productivity; every place and every nation has certain geographical resources, including the people who live there. The way in which we take advantage of those…
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Vienna, Austria – The HR-Lounge, an open-door and multi-sectorial networking organization created in Austria for Human Resources Managers exclusively, organized two May events: a workshop at Bilfinger VAM and a business tour at the Austrian Power Grid (APG).
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Sofia, Bulgaria - All major corporations and a significant number of small and medium entities have a Chief Financial Officer (CFO – also known as a Financial Director). The CFO is responsible for the company's day-to-day financial accounting and reporting, and the overall strategic direction of its development. The CFO is also the Executive Director's right-hand man, and a key figure on the Board of Directors, as he actively participates in defining the company's long-term strategy, evaluating…
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Riga, Latvia – Pedersen & Partners Principal Kaspars Kauliņš recently participated in the Reputation War Conference, where he shared his experiences of the need to identify purpose in all aspects of one's life. This purpose-finding process can in turn become the key to employee engagement.
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May 28th, 2015 – Jakarta, Indonesia – Pedersen & Partners, a leading international Executive Search firm with 53 wholly owned offices in 50 countries, today announced the addition of Muki Adinugroho as a Principal in Jakarta, Indonesia.
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28 Mei, 2015 – Jakarta, Indonesia – Pedersen & Partners, firma executive search internasional terkemuka dengan 53 kantor cabang di 50 negara, hari ini mengumumkan bergabungnya Muki Adinugroho sebagai Principal di Pedersen & Partners.
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May 26th, 2015 – Johannesburg, South Africa – Elissa Wilding, Client Partner and the Head of the Media & Entertainment Practice at Pedersen & Partners will participate in the “Connected Africa” SatCom International Conference. The main objective of this conference is to determine the future and implications of satellite, communications and connectivity technology.
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May 21st, 2015 – Jakarta, Indonesia – Pedersen & Partners, a leading international Executive Search firm with 53 wholly owned offices in 50 countries, welcomes Melissa Pattiiha in its Jakarta office as a Consultant.
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![Executive Compensation Study: Analysis of the value of the annual compensation earned by senior executives by country and worldwide, "Капитал" - Pedersen and Partners Executive Search](/sites/default/files/styles/news_header_3col_450w_252h/public/press-image/executive-compensation-stud.jpg?itok=x6zaGZ9Q "Executive Compensation Study: Analysis of the value of the annual compensation earned by senior executives by country and worldwide, "Капитал" - Pedersen and Partners Executive Search")
Kiev, Ukraine - The past 12 months have seen a 3.5% increase in the average value of the monetary compensation earned by senior executives holding key positions in the largest companies in the world – up to €1.4 million per year. This increase occurred across both revenue components, with the base salary increasing by 3.1% to €681 thousand, and short-term bonuses increasing by 4.2% to €719 thousand. These conclusions come from global research conducted this autumn by the international recruiting…
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Riga, Latvia - Global trends in Human Resource Management set the tone for Latvian enterprises. The responsibilities and competences of Human Resource Managers are increasing.
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![Platy globálních firemních bossů rostou stále pomaleji, "E15.cz" - Pedersen and Partners Executive Search](/sites/default/files/styles/news_header_3col_450w_252h/public/press-image/untitled-1.jpg?itok=zz0hY6TI "Platy globálních firemních bossů rostou stále pomaleji, "E15.cz" - Pedersen and Partners Executive Search")
Prague, Czech Republic - Růst příjmů kapitánů globální ekonomiky zpomaluje a na rozdíl od období před krizí se musí manažerská práce více odrazit ve výsledcích firmy. Průměrný big boss velké globální korporace si měsíčně přijde na v přepočtu něco kolem 3,2 miliónu korun, to je o 3,5 procenta více než loni. Necelou polovinu z této částky má zaručenu ve formě fixní mzdy, o rozhodující části manažerských příjmů však rozhodují akcionáři firmy. Ti mohou, ale nemusí odměnit šéfy formou bonusů.
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Germany - Eigentlich werden Höchstverdiener in westlichen Großkonzernen ähnlich bezahlt, zeigt eine Studie. Zuletzt haben sie sich bei Gehaltssteigerungen sogar gemäßigt. Doch die Lenker weltweiter Konzernriesen verdienen noch immer üppig - und das nicht nur in den USA.
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Almaty, Kazakhstan - Руководители высшего звена в крупнейших компаниях мира в среднем получили в 2014 денежную компенсацию в размере 1,4 млн евро – на 3,5% больше, чем год назад
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Vienna, Austria - Successful salary negotiations must consider the interests of the employees and the company at the same time
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Bratislava, Slovakia - Priemerný ročný plat vrcholových manažérov na Slovensku sa pohybuje od 60-tisíc do 120-tisíc eur v závislosti od veľkosti firmy.
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![CEO’s Salaries are Rapidly Increasing in Romania, "Digi24" - Pedersen and Partners Executive Search](/sites/default/files/styles/news_header_3col_450w_252h/public/press-image/ceo-ron.jpg?itok=xiq0ZCHg "CEO’s Salaries are Rapidly Increasing in Romania, "Digi24" - Pedersen and Partners Executive Search")
Romanian top executives earn an average of 117 900 euros per year, a salary package increase of 6-8% compared to a global increase of 3-4% in 2014, according to a study conducted by Pedersen & Partners.
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Madrid, Spain – The most recent forecasts from the Bank of Spain predicted that the national economy would increase by 2.5% in the first quarter of 2015. In 2014, the bank predicted that economic growth would increase by 2% through 2015, but has since raised this projection to 2.8%. The European Commission and IMF have also raised their forecasts to 2.8% and 2.5%. 2014 was the first year since the 2008 real-estate crash that Spain experienced economic growth (1.4%).
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Bogotá, Colombia – A few years ago, Professor Michael Porter was invited to Colombia by the Social Foundation to celebrate their centennial. He was asked in an interview why competitiveness is important, and he explained that competitiveness, if properly understood, is the root of prosperity. The main idea of competitiveness is productivity; every place and every nation has certain geographical resources, including the people who live there. The way in which we take advantage of those…
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Sofia, Bulgaria - All major corporations and a significant number of small and medium entities have a Chief Financial Officer (CFO – also known as a Financial Director). The CFO is responsible for the company's day-to-day financial accounting and reporting, and the overall strategic direction of its development. The CFO is also the Executive Director's right-hand man, and a key figure on the Board of Directors, as he actively participates in defining the company's long-term strategy, evaluating…
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May 19th, 2015 - Munich, Germany - Slowly but surely, governments and legislators are becoming aware of the need to integrate women further into the corporate world. It is widely recognized that women should be encouraged to take more prominent top roles, not just because they have a right to do so, but because their potential and skill sets are of incredible value, and the perfect complement and a necessary balance to the strengths of men.
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19. Mai 2015 - München, Deutschland - Langsam aber sicher erkennen Regierungen und Gesetzgeber, dass es nötig ist, Frauen umfassender in die Geschäftswelt einzubinden. Es ist eine allgemein anerkannte Tatsache, dass Frauen bestärkt werden sollen, wichtige Ämter zu übernehmen: nicht nur, weil sie das Recht dazu haben, sondern weil ihre Leistungen und Fähigkeiten – als perfekte Ergänzung und notwendiges Gegengewicht zu männlichen Stärken – von unschätzbarem Wert sind.
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May 5th 2015, Johannesburg, South Africa - 2015 is a crucial year for Africa’s economic development. Summits in Nairobi, Addis Ababa, Paris and New York will facilitate international cooperation, with Africa and its partners playing critical roles in shaping the continent's economic future. In September, at the United Nations General Assembly, global leaders are presumed to sanction Sustainable Development Goals (SDGs) to replace the Millennium Development Goals (MDGs). Africa is at the forefront…
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Hong Kong, China - From a global perspective, the number of women in executive positions has stagnated in recent years. In corporations, around 50% of employees in entry-level occupations are women, with the proportion of women in senior and management roles drastically declining. Globally speaking, only 3-4% of CEOs are women. Grant Thornton International Business Report states in its 2014 annual survey that the percentage of women in senior positions remains at 24%, unchanged from its findings…
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April 20th 2015, Dubai, UAE - The Gulf countries are gradually transitioning from oil-based economies to services and knowledge-based economies. Within this transition, it is becoming critically important to leverage the availability of the existing foreign human capital pool (expatriates), and at the same time diversify risk by accelerating investment in higher education institutions, start-ups and IT innovations – creating a skilled talent pool to address the anticipated economy growth.
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While it is important to choose the right candidate for all Steering Committee positions, it is doubly important to make the right choice for the CFO, who works with sensitive, complex and confidential information. A good CFO helps make sound decisions, anticipate contingencies, assess risks and ensure liquidity. Equally, choosing the wrong CFO carries significant business and reputational risks.
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Si para posiciones de Comité de Dirección es importante elegir bien al candidato, en el caso del CFO es doblemente importante. El CFO trabaja con información sensible, compleja y confidencial. Un buen CFO ayuda a tomar decisiones acertadas, adelantarse a posibles contingencias, evaluar riesgos y asegurar la liquidez. Sin embargo, elegir mal al CFO conlleva importantes riesgos de negocio y reputacionales.