Dennis Carey: A Successful Executive Recruiter

December 23rd, 2010

Dennis Carey, Senior Client Partner of Korn/Ferry International, specializes in CEO and corporate director recruitment. He has recruited CEOs for 3M, Unisys, American Standard, Tyco International, MCI and others. He has also located new board directors and members for companies including American Express, Rohm and Haas, Amgen, CBS, Tyco, AmerisourceBergen, V.F. Corporation, Allied Signal, Goldman Sachs, UNOCAL, Merrill Lynch, GlaxoSmithKline, CIGNA and more. Carey has also co-founded various businesses, as well as authored three successful books.

Carey has two children, and currently lives in Scottsdale, Arizona.

Dennis Carey Helps Appoint New Board at International Swimming Hall of Fame

December 16th, 2010

Throughout the 80s and 90s the International Swimming Hall of Fame featured high quality displays of swimming tokens like Mark Spitz’s starting block and Johnny Wiessmuller’s Olympic medals. By the 2000s, however, the displays were left neglected and outdated, due to the Hall’s lack of finances. In 2004, the Hall was robbed, and some of the most valuable items on display were stolen.

In 2005, Bruce Wigo became the new Chief Executive Officer for the Hall. Dennis Carey, an old friend of his, helped Wigo persuade every one of the 21 members of the board to resign, as well as to give them the authority to appoint a new board. Following this, Carey put his efforts into convincing Mark Spitz to head the new board. Carey is also a member of the new board at the International Hall of Fame.

Dennis Carey and Korn/Ferry International

December 8th, 2010

Dennis Carey is the Vice Chairman for Board and CEO Services at Korn/Ferry International. The company, now considered a world leader in its field, has worked in executive recruiting and talent management for over forty years.

Korn/Ferry International has more than 90 offices spread across 40 countries in North America, Latin America, Asia, Europe, the Middle East and Africa. They are very passionate about talent, and work to keep up with the talent needs of their many clients.

IMSHOF Inductees Announced in September

November 29th, 2010

The International Masters Swimming Hall of Fame is a program which aims to promote the health benefits of swimming and encourage adults to add swimming to their lifestyles by recognizing superior athletes and contributors in swimming, diving, water polo, open waters swimming and synchronized swimming.

The International Swimming Hall of Fame, where Dennis Carey is on the board of directors, proudly announced its Class of Masters of 2010 in September. Six outstanding athletes were inducted at the ceremony in Texas.

The Human Side of M&A: Dennis Carey and Dayton Ogden

November 21st, 2010

Two-thirds of thousands of mergers fail on a yearly basis. In the book The Human Side of M&A, Dennis Carey and Dayton Ogden present tactics and precautions which can be useful in this industry. They explain that almost every failed merger had been working in a logical manner both financially and strategically before their downfall, and that the human element was the lacking component which resulted in the failure.

The authors share their unique experiences to reveal the correct way to address the more human side of a merger, as well as expose the best practices to pursue and the potential drawbacks. They talk of the correct way to evaluate the quality of the people on both sides of the merger in order to decide who should stay. Carey and Ogden claim that CEOs must learn to establish a new vision for the combined company, and not hold on to their personal visions of individual companies. The end of the book is a statistical appendix which uses an analysis of successful mergers to validate the authors’ opinions.

CEO Succession: Dennis Carey and Dayton Ogden

November 11th, 2010

CEO Succession is a book written by Dennis Carey and Dayton Ogden, which serves as a book of guidelines and advice for anyone who is concerned about maintaining a steady stream of effective leadership.

Succession planning has become an important task in corporations throughout the nation. Carey and Ogden explain techniques and strategies to plan a smooth transition of leadership when the situation arises, by sharing personal interviews and experiences from their own work with CEOs and directors around the world. The book features a close examination of companies like Hewlett-Packard, GTE, Mellon Bank and Metropolitan Life.

The book lays out the succession process in a simple way: create a succession schedule; be sure to develop leaders at all times, at all levels of management, ensure a good relationship between the Board and the CEO; and take note of talented internal candidates for CEO and other leading positions.

World Retail Congress 2010

October 30th, 2010

This year’s World Retail Congress, with sponsors such as Korn\Ferry International with senior client partner Dennis Carey, took place on October 25th in Berlin, which is one of Europe’s most vibrant and significant capital cities. This meeting provides the important context, fresh ideas and challenging thinking to prepare senior retailers for the “new retailing” that will follow the global recession.  The retailers also had programs focused on leadership and thought processes to provide the retailers with additional insight.

This year’s program included the new “executive roundtables”. These are smaller workshop formats which enabled retailers to have a hands-on experience with the new online, digital and social networking channels which are expected to be adopted by consumers in the near future. Delegates were also able to participate in the Retail Study Tours, as well as receptions and gala dinner networking events that took place throughout the city.

Dennis Carey on Board of Directors for CTC

October 20th, 2010

In recent, very exciting news for Composite Technology Corporation, they have just announced the appointment of Dennis Carey to their Board of Directors.  With no prior relationship with CTC or its directors and employees, Mr. Carey will become the third independent director on the five member board.

As Benton Wilcoxon, Chairman and CEO of CTC reported, “Mr. Carey brings a wealth of contacts within the corporate world along with experience in the operations of boards of public companies. He has a keen interest in technology companies and the many challenges faced by companies dealing with growth of a technology in an international marketplace.”

Dennis Carey, as well, reported “I am pleased to join the Board of CTC and look forward to being a part of this terrific board and bringing this revolutionary technology to the marketplace.”

Dennis Carey Appointment

October 8th, 2010

Dennis Carey has been appointed to the Board of Directors of the Composite Technology Corporation (CTC).  John Mitola resigned for “personal reasons” and Dennis Carey will be replacing him.  Carey has not been involved with CTC in the past so thus “meets the criteria to serve as an independent director.”  The board is made up primarily of independent directors (three out of five) so Carey fits the bill perfectly.

CEO Succession by Dennis Carey and Dayton Ogden

September 24th, 2010

Co-authored by Dennis Carey and Dayton Ogden, CEO Succession offers executives and companies a road map for creating a smooth corporate transition.  They used close-up evaluations of such companies as Metropolitan Life, Hewlett-Packard, Mellon Bank, and GTE to illustrate their points and to offer key examples.

The authors are both experienced business people with years of expertise in the field.  Dayton Ogden is chairman of Spencer Stuart, where he served for nine years as the firm’s chief executive.  His search consulting practice focuses on CEO succession and board recruiting for a large range of international clients.  He is on the board of the American Business Conference and is secretary and a director of Project HOPE.