Signals Continued Cross-Border Reach for Senior Talent
NEW YORK, Feb. 8 /PRNewswire/ -- Cornell International, the global executive search brand of Adecco NA (NYSE:ADO), announced today that it had added Blue Circle, formerly the retained executive search arm of India's Peopleone Consulting, to Cornell's global operation. Peopleone was acquired by Adecco in 2004. Terms of the acquisition were not disclosed and are not material to Adecco.
The arrangement takes Blue Circle from Peopleone and places it under the Cornell umbrella. Blue Circle has been re-branded as Cornell International of India. Cornell, a leading global executive search firm for senior appointments, is now poised to win executive search engagements from Indian companies seeking senior talent either for domestic operations, or as they seek expansion into the U.S. and Europe. Locally, it enables Indian operations of global corporations to draw on Cornell's worldwide talent base. Further, it places Cornell firmly in global outsourcing, particularly drawing on Cornell's expertise in technology.
Cornell India reports to Mr. Ajit Isaac who heads Adecco Peopleone and Mr. Alan Guarino, Cornell's CEO.
Said Alan Guarino, Cornell International CEO: "Senior executive talent needs are now more cross-borders than ever before. Our expansion into India represents Cornell's continued commitment to draw on the best executive talent available globally as we help our clients improve their valuation and profitability through human capital. Blue Circle is an important asset in solidifying our local and global presence for senior executive search." Said Ajit Isaac: "Becoming part of the Cornell operation is important for our growth, and also for the expanded services we can now provide as we draw upon Cornell's global reach. India is growing and Cornell can now both, bring executives to India as well as, draw on India's substantial talent base for global placements." Cornell International of India has offices in Bangalore and Mumbai and will soon be expanding its operations to New Delhi, shortly. In the U.S., Cornell has offices in New York, San Francisco, and Boston. Through Adecco, Cornell has partner offices in cities worldwide.
About Cornell International Cornell International is the executive search division of Adecco (NYSE:ADO), the world's largest staffing company. Cornell is the only retained executive search firm with a fully integrated set of recruiting solutions in middle-management, leadership and consulting. Cornell offers retained executive search services, as well as innovative, lower-cost recruiting solutions through FocusSearch(TM) and ProjectSearch(TM) offerings and Cornell Strategic Partners, creating a true "partner" relationship with their executive search clients.
About Adecco Adecco S.A. is a Fortune Global 500 company and the global leader in HR services. The Adecco Group network connects over 700,000 associates with business clients each day through its network of over 33,000 employees and over 6,600 offices in over 72 countries and territories around the world. Registered in Switzerland, and managed by a multinational team with expertise in markets spanning the globe, the Adecco Group delivers an unparalleled range of flexible staffing and career resources to corporate clients and qualified associates.
Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the Swiss Stock Exchange with trading on virt-x (SWX/VIRT-X:ADEN), the New York Stock Exchange (NYSE:ADO) and Euronext Paris - Premier Marche (EURONEXT: ADE). DATASOURCE: Cornell International CONTACT: Tami Mazzarelli of Cornell International, +1-845-565-8905, ; or Terrence Mulry of Mulry Consulting LLC, +1-201-891-1853, +1-917-860-8137,
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