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Russell Reynolds Associates Acquires Nvolv
Russell Reynolds Associates (RRA) has acquired Nvolv, a boutique leadership consulting firm serving CEOs and C-suite executives of global businesses. Financial terms of the deal were not disclosed. “Our acquisition of Nvolv represents a powerful opportunity for us to bolster our client offerings and further strengthen our preeminent position as leaders in C-suite leadership advisory services,” said Constantine Alexandrakis, CEO of Russell Reynolds Associates. “Bob and the entire Nvolv team have an enviable track record of building deep relationships and driving extraordinary results at the most senior levels of organizations, and we look forward to joining forces to increase the depth of both firms’ impact in advising and coaching C-suite executives, preparing the next generation of senior executives, supporting new leader integration, de-risking CEO succession, and aligning top teams to deliver on their transformation agendas.”
Founded in 2017 by Bob Marcus, Nvolv serves as a partner in enabling CEOs and executives to accelerate the development and transformation of individual leaders, their teams, and their wider organizations. Nvolv’s team bring more than 30 years of experience as thought leaders, change strategists, executive coaches and process consultants. “This making the business a natural fit to complement RRA’s renowned leadership advisory services,” the search firm said.
Through the acquisition, Mr. Marcus will join Russell Reynolds Associates as a managing director in the firm’s New York office. He brings strong experience working with C-suite leaders – particularly first-time CEOs and CEOs pursuing significant transformation objectives – and is an expert in change strategy and leadership development. For 30 years, Mr. Marcus has been an advisor, mentor, coach, strategist, consultant, confidant, and friend to leaders around the globe. He has experience working with CEOs, CFOs, CHROs and other C-suite leaders, and especially enjoys partnering with first-time CEOs, executives preparing for C-suite roles, and emerging women leaders. RRA also welcomes Nvolv’s team of consultants and operational staff as part of the acquisition.
“Russell Reynolds Associates deserves its reputation as the best of the best in leadership advisory and I am excited to be joining this prestigious firm,” said Mr. Marcus. “We are eager to integrate Nvolv’s leadership, team, and organizational development services and unique client relationship architecture into the company, working together to create market-defining capabilities. Today’s CEOs and C-suite leaders are looking for a range of services from their leadership advisory partners and this combination of our collective expertise and experience will reshape the leadership advisory landscape.”
