Toronto – August 6, 2024 – Retained executive search firm Caldwell (TSX: CWL; OTCQX: CWLPF) today announced a major enhancement to its recruiting capabilities in the life science and healthcare sector with the addition of Tim DeMers as a partner in the firm’s Life Sciences & Healthcare Practice, focused on recruiting executives in biotechnology, healthcare facilities, medical devices, and regenerative medicine, based in Southern California.
“Tim has more than 20 years of executive search experience, working for clients ranging from private equity and healthcare medical groups to Fortune 100 life sciences firms and medical academia,” said John Blank, managing partner of Caldwell’s Life Sciences & Healthcare Practice. “His reputation for impeccable search work and long-standing relationships with clients and candidates alike precedes him.”
Mr. DeMers joins Caldwell from boutique executive search firm Frederick Andrews, where he led the healthcare team, ensuring top-tier service and results for his clients while managing the firm’s overall operations across all verticals. Previously, he served as vice president of recruiting, and was responsible for client development on the West Coast for S.R. Clarke, a recruiting firm focused on the construction industry.
Mr. DeMers holds a Bachelor of Science in law and society from Pennsylvania State University, which he earned while serving in the United States Air Force.
“We continue to make strategic additions of high caliber, seasoned partners who have the experience and the drive to help us make our clients better, more competitive and more successful by connecting them with transformational talent,” said Chris Beck, president. “Tim’s deep market intelligence, client focus and disciplined approach make him a smart addition to the Caldwell team.”
About Caldwell
Caldwell is a leading retained executive search firm connecting clients with transformational talent. Together with IQTalent, we are a technology-powered talent acquisition firm specializing in recruitment at all levels. Through the two distinct brands – Caldwell and IQTalent– the firm leverages the latest innovations in AI to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.
Caldwell’s common shares are listed on The Toronto Stock Exchange (TSX: CWL) and trade on the OTCQX Market (OTCQX: CWLPF). Please visit our website at www.caldwell.com for further information.
For further information, please contact:
Caroline Lomot
Caldwell
clomot@caldwell.com
+1 516 830 3535
Forward-Looking Statements
Forward-looking statements in this document are based on current expectations subject to the significant risks and uncertainties cited. These forward-looking statements generally can be identified by the use of statements that include phrases such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “foresee,” “may,” “will,” “likely,” “estimates,” “potential,” “continue” or other similar words or phrases. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements.
We are subject to many factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statement including, but not limited to, the impact of pandemic diseases, our ability to attract and retain key personnel; exposure to our partners taking our clients with them to another firm; the performance of the US, Canadian and international economies; risks related to deposit-taking institutions; foreign currency exchange rate fluctuations; competition from other companies directly or indirectly engaged in talent acquisition; cybersecurity requirements, vulnerabilities, threats and attacks; damage to our brand reputation; our ability to align our cost structure to changes in our revenue; liability risk in the services we perform; potential legal liability from clients, employees and candidates for employment; reliance on software that we license from third parties; reliance on third-party contractors for talent acquisition support; the classification of third-party labour as contractors versus employee relationships; our ability to successfully recover from a disaster or other business continuity issues; adverse governmental and tax law rulings; successfully integrating or realizing the expected benefits from our acquisitions, adverse operating issues from acquired businesses; volatility of the market price and trading volume of our common shares; technological advances may significantly disrupt the labour market and weaken demand for human capital at a rapid rate; affiliation agreements may fail to renew or affiliates may be acquired; the impact on profitability from marketable securities valuation fluctuations; increasing dependence on third parties for the execution of critical functions; our ability to generate sufficient cash flow from operations to support our growth and fund any dividends; potential impairment of our acquired goodwill and intangible assets; and disruption as a result of actions of certain stockholders or potential acquirers of the Company. For more information on the factors that could affect the outcome of forward-looking statements, refer to the “Risk Factors” section of our Annual Information Form and other public filings (copies of which may be obtained at www.sedar.com). These factors should be considered carefully, and the reader should not place undue reliance on forward-looking statements. Although any forward-looking statements are based on what management currently believes to be reasonable assumptions, we cannot assure readers that actual results, performance or achievements will be consistent with these forward-looking statements. Management’s assumptions may prove to be incorrect. Except as required by Canadian securities laws, we do not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf; such statements speak only as of the date made. The forward-looking statements included herein are expressly qualified in their entirety by this cautionary language.
