Spencer Stuart, a leading global advisory firm, today announced a new long-term strategic partnership with ONYX, an invitation-only membership network of recently retired and longer-tenured CEOs, two-thirds of whom have led Fortune 500 companies and who collectively sit on over 400 corporate boards. Spencer Stuart made a minority investment in ONYX and will become its exclusive partner for leadership, talent and human capital programs. "Partnering with Spencer Stuart marks a defining moment for ONYX," said Rick Smith, founder of ONYX. "Their global reach and deep leadership insights amplify our mission to elevate the world's most influential executives. Together, we're unlocking a new era of strategic growth, legacy-building and transformative impact across the ONYX ecosystem and around the world." "Spencer Stuart advises at the intersection of strategy and leadership, and this converges with the platform ONYX has created for their membership," said Jordan Brugg, chief executive officer of Spencer Stuart. "We're looking forward to partnering with the ONYX community to further our shared commitment to advancing the insights of the world's most influential leaders." About Spencer StuartPrivately held since 1956, Spencer Stuart is a leading global advisory firm specializing in people, team and organizational performance — spanning more than 60 offices, over 30 countries and more [...]

Russell Reynolds Associates (RRA), the leading global leadership advisory firm, has appointed Harpreet Khurana as Chief Technology and Data Officer. In his expanded remit, Khurana will lead a unified technology organization that combines the firm's Information Systems, Digital and Data, and AI efforts, reporting directly to CEO Constantine Alexandrakis. This strategic appointment will enable RRA to accelerate its digital transformation at a pivotal moment when artificial intelligence and advanced technology platforms are reshaping leadership advisory services, including executive search and leadership consulting. Recent studies show that 44% of workers will need reskilling within the next five years, and AI is expected to impact almost 40% of global employment. "This is the time to leverage technological advances to increase the speed of our delivery and depth of our insights, and to bring even more innovative ideas and quality solutions to our clients,” said Constantine Alexandrakis, CEO of Russell Reynolds Associates. “Harpreet's proven leadership and vision make him the ideal person to accelerate our technology enablement and fluency as we advance this agenda across our global firm." Khurana brings a depth of expertise in digital transformation and emerging technology trends to his expanded role. Since joining Russell Reynolds Associates in 2022 as the firm's [...]

Spencer Stuart, one of the world's leading executive search and leadership advisory firms, today released its 40th annual U.S. Board Index, revealing that while board composition continues to evolve, the pace of refreshment has slowed, and boards are prioritizing seasoned expertise amid a more complex operating environment. The 2025 U.S. Spencer Stuart Board Index — a milestone edition marking four decades of governance insight – analyzes the composition, governance practices, and refreshment trends across S&P 500 boards. This year's findings reflect a landscape defined by low turnover, a shift toward proven executive experience, and a recalibration of board diversity metrics. S&P 500 boards appointed 374 new independent directors in 2025, an 8% decrease from last year and the lowest number since 2016. "For four decades, the U.S. Spencer Stuart Board Index has tracked the steady evolution of corporate governance," said Julie Hembrock Daum, chair of the North American Board Advisory Practice. "Boards have transformed from compliance-focused bodies to strategically engaged stewards guiding long-term value. This 40-year milestone is a reminder of how far boards have come — and how essential they remain to the strength, resilience, and success of companies." Top findings include: Board refreshment slowed: Only 50% of S&P 500 boards appointed a new independent director [...]