Membership
Russell Reynolds Acquires Norway-Based Executive Search Firm
Russell Reynolds Associates has announced its acquisition of Amrop AS, Norway. This is a key move in Russell Reynolds’ 46-year history and will take the firm to 50+ professionals in the Nordic region.
Client demand for an expanded Nordic hub has grown, as Scandinavian markets have taken leading positions in global industries, including energy, aquaculture and shipping. Norwegian funds in the region have also become increasingly significant investors and have pioneered good boardroom governance and diversity – setting the benchmark for companies worldwide. In response to client needs, Amrop’s connected consultants, who have expert local knowledge, will join Russell Reynolds’ existing operation.
The newly integrated team will ensure Russell Reynolds is best placed to tap into the executive and non-executive talent pool in Norway, working effectively across borders to provide clients with a broad and diverse set of elite candidates. The move will open up new opportunities for Norwegian executives abroad and also increase the pool of international talent for top management and board positions in Norway.
While the firm has historically grown organically, this takeover is a true meeting of minds. “The Norwegian team is the perfect fit for our brand and our culture. We have followed them closely over the last three years and have been impressed by their continuous growth and outstanding reputation. Together we can serve all our clients’ needs across the Nordics,” explains Jim Hinds, Managing Director for Europe at Russell Reynolds Associates.
Amrop AS will adopt the Russell Reynolds Associates name. The Oslo office will be led by former Amrop Managing Partner, Harald Kringlebotn. Kringlebotn comments, "We are very proud to become part of Russell Reynolds Associates’ outstanding team, which we have admired over the years. We share their ambition to act as next generation leadership advisors to our clients – ensuring excellent leadership, diversity and governance by challenging the closed circles that have dominated executive and non-executive positions in the past.”