Amrop Partnership
{{Short description|Global partnership of executive search firms}}
{{Infobox company
| name = Amrop Partnership
| logo = Logo-Amrop.jpg
| founded = 1977
| hq_location = Brussels, Belgium
| key_people = Annika Farin
| products = Executive search
| website = https://www.amrop.com/
}}
Amrop Partnership is a Belgium-based global partnership of executive search firms.{{Cite web |last=Zupsansky |first=Dale |date=2021-01-08 |title=Amrop Opens New Office in Luxembourg |url=https://huntscanlon.com/amrop-opens-new-office-in-luxembourg/ |access-date=2023-08-16 |website=Hunt Scanlon Media |language=en-US}}{{Cite web |title=Amrop {{!}} Company Overview & News |url=https://www.forbes.com/companies/amrop/ |access-date=2023-08-16 |website=Forbes |language=en}}{{Cite web |date=2021-03-04 |title=Global hunt for talent: Amrop sets up worldwide team of headhunters |url=https://www.tradewindsnews.com/people/global-hunt-for-talent-amrop-sets-up-worldwide-team-of-headhunters/2-1-971457 |access-date=2023-08-16 |website=TradeWinds {{!}} Latest shipping and maritime news |language=en}}{{Cite news |title=Executive search company Amrop reopens in Ireland |url=https://www.irishtimes.com/business/economy/executive-search-company-amrop-reopens-in-ireland-1.3615933 |access-date=2023-08-16 |newspaper=The Irish Times |language=en}} The largest executive search firm in Europe and a top-3 globally{{Cite book |last1=Cook |first1=Gary |url=https://books.google.com/books?id=vmgPEAAAQBAJ&dq=amrop+hever&pg=PA595 |title=The Routledge Companion to the Geography of International Business |last2=Johns |first2=Jennifer |last3=McDonald |first3=Frank |last4=Beaverstock |first4=Jonathan |last5=Pandit |first5=Naresh |date=2018-05-08 |publisher=Routledge |isbn=978-1-317-35792-6 |language=en}} with 59 offices worldwide as of 2018, Amrop was founded in 1977.{{Cite book |last=Daniels |first=Peter |url=https://books.google.com/books?id=yFsPEAAAQBAJ |title=Knowledge-Based Services, Internationalization and Regional Development |date=2017-05-15 |publisher=Routledge |isbn=978-1-351-92390-3 |language=en}}
History
Amrop was founded in 1977{{Cite web |title=Amrop {{!}} Company Overview & News |url=https://www.forbes.com/companies/amrop/ |access-date=2023-08-16 |website=Forbes |language=en}}{{Cite web |title=Amrop opens new Luxembourg office |url=https://delano.lu/article/delano_amrop-opens-new-luxembourg-office |access-date=2023-08-16 |website=delano.lu |language=en}}{{Cite web |last=Belmore |first=Ryan |date=2018-12-21 |title=New Board Chairman, 11 New Governors elected to International Tennis Hall Of Fame Board of Governors |url=http://whatsupnewp.com/2018/12/new-board-chairman-11-new-governors-elected-to-international-tennis-hall-of-fame-board-of-governors/ |access-date=2023-12-13 |website=What's Up Newp |language=en-US}} as a network of four retained executive search firms in France, Italy, the UK, Australia{{Cite book |last1=Cook |first1=Gary |url=https://books.google.com/books?id=vmgPEAAAQBAJ&dq=amrop+hever&pg=PA595 |title=The Routledge Companion to the Geography of International Business |last2=Johns |first2=Jennifer |last3=McDonald |first3=Frank |last4=Beaverstock |first4=Jonathan |last5=Pandit |first5=Naresh |date=2018-05-08 |publisher=Routledge |isbn=978-1-317-35792-6 |language=en}} and the US. This network was called Amrop International.{{Cite web |title=New partners strengthen Amrop International executive search services in Europe |url=https://www.pressreleasefinder.com/Amrop/AMRPR001/en/ |access-date=2023-08-16 |website=PressReleaseFinder |language=en}}
In Canada, Amrop is known as Massey Charbonneau Inc., and it is one of Canada's leading senior executive search firms.{{Cite web |title=BAnQ numérique |url=http://numerique.banq.qc.ca/ |access-date=2023-12-13 |website=numerique.banq.qc.ca |language=fr}}
Mülder & Partner, the strongest partner of Amrop, was acquired in 1997 by the integrated firm Heidrick & Struggles and left the network. The American and Italian network members of Amrop, namely, Lamalie Amrop and TMC Amrop were taken over by TMP Associates and also left the network. Amrop International attempted to fill the gaps in the German market in 1999{{Cite web |last=Schwarzer |first=Ursula |date=2006-02-08 |title=Personalberater: Jäger in fremden Revieren |url=https://www.manager-magazin.de/magazin/artikel/a-390432.html |access-date=2023-12-13 |website=www.manager-magazin.de |language=de}} by including Hofmann Herbold & Partner in its network. Shortly afterward, Korn Ferry bought the new German associate, Amrop Hofmann Herbold.{{Cite news |date=12 July 2006 |title=Korn Ferry versucht den Neuanfang |edition=168 |pages=18 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD220060712726069&token=9ef6d613-cf46-4f61-9ec0-49f54427269f&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702466687987&p.DT_from=01.11.1949&p.timeFilterType=0}}{{Cite book |last1=Hofmann |first1=Dieter |url=https://books.google.com/books?id=dXskBAAAQBAJ&dq=%22Amrop%22&pg=PA100 |title=Headhunter: Blick hinter die Kulissen einer verschwiegenen Branche |last2=Bergert |first2=Gabriele |date=2013-12-09 |publisher=Springer-Verlag |isbn=978-3-658-02456-7 |language=de}}{{Cite news |date=31 January 2000 |title=In die Personalberaterbranche kommt Bewegung |edition=25 |page=30 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FR120000131309939&token=88043613-04f7-401f-8146-481d8fcfcae0&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=10&p._ts=1702469857243&p.DT_from=01.11.1949&p.timeFilterType=0}}
In 1998, Amrop Hofmann Herbold & Partner Management-Beratung GmbH (German subsidiary of Amrop) reported revenue increase to 26.6 million DM which made the company among the top executive search firms in Germany.{{Cite news |date=15 March 1999 |title=Personalsuche verstärkt international |edition=62 |page=25 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__F19990315AMR12--100&token=9dcb208c-dfe3-496c-a6ce-34a6e8930e44&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=10&p._ts=1702470004178&p.DT_from=01.11.1949&p.timeFilterType=0}}
In June 2000, Amrop acquired Delta Management GmbH, a Düsseldorf-based firm and a founding partner of the Hever Group since 1986. This merger led to the creation of what was claimed to be the largest international organization of independent personnel consulting firms at the time. Operating as "The Hever Amrop Alliance," it spanned 52 countries with 81 offices and boasted a total fee revenue exceeding 220 million DM, ranking as the seventh-largest consulting organization globally.{{Cite news |date=28 July 2000 |title=Delta vergrößert internationale Präsenz |edition=173 |page=23 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FR120000728527862&token=ad8c9803-c1b3-4004-8749-5d3a261bd833&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702469348470&p.DT_from=01.11.1949&p.timeFilterType=0}}{{Cite news |date=21 June 2001 |title=Schwieriger Markt für Führungskräfte |edition=167 |page=21 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD220010721993753&token=e9b494c4-815c-4da9-85d3-c98a0359fcdc&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702469045370&p.DT_from=01.11.1949&p.timeFilterType=0}}{{Cite news |date=2015-06-19 |title=Personalberater: Die Top Ten der Headhunter in Deutschland |language=de |work=Der Spiegel |url=https://www.spiegel.de/karriere/personalberater-die-top-ten-der-headhunter-in-deutschland-a-1039376.html |access-date=2023-12-13 |issn=2195-1349}}
According to Frankfurter Allgemeine Zeitung, in 2002, Amrop, with over 80 locations worldwide, saw a 10% revenue drop in 2002 to $102 million. Delta Management Consultants GmbH, was its largest member at that time with six German offices, also faced a 16% revenue decrease to 14 million euros.{{Cite news |date=30 July 2003 |title=Führungskräfte derzeit wenig gefragt |edition=148 |page=17 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD1200306301924131&token=adb63b9c-b316-48b5-99d1-685fef0ded3f&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702468699745&p.DT_from=01.11.1949&p.timeFilterType=0}}
In 2003, Delta Management achieved 12 million euro in sales in Germany, becoming the largest company within Amrop Hever group.{{Cite news |date=19 July 2004 |title=Nachrichten in Kürze |edition=165 |pages=16 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD1200407192406399_1&token=53c91c0e-3823-4bb8-a086-a0cecee73c30&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702468535899&p.DT_from=01.11.1949&p.timeFilterType=0}}
In 2005, Delta Management Consulting, as a member of the Amrop network operating in Germany, got a 26 percent increase in fee sales, rising to €15.1 million. It was primarily due to the acquisition of five new partners. As of that year, the company maintained six offices throughout Germany and, in 2004-2005, expanded its reach by acquiring Battalia Winston International in the U.S., with the network's revenue in 2004 totaling approximately $150 million, as reported by Frankfurter Allgemeine Zeitung.{{Cite news |date=12 April 2005 |title=Delta Management steigert den Umsatz |page=21 |publisher=Frankfurter Allgemeine Zeitung |issue=84 |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD120050412160230&token=04172412-a2bc-4044-a33e-a00e4401c8c7&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702468168374&p.DT_from=01.11.1949&p.timeFilterType=0#}}
In 2006, Arno Röss was appointed managing director of Amrop Hever Delta Management Consultants GmbH, Munich office. He was previously managing partner of Accentum Human Capital GmbH, Munich.{{Cite news |date=2 February 2006 |title=Menschen und Wirtschaft |edition=18 |page=18 |work=Frankfurter Allgemeine Zeitung |url=https://www.faz-biblionet.de/faz-portal/document?uid=FAZ__FD220060202549851_1&token=d2ee5090-bab2-40d3-9f1d-a511e0be2df6&p._scr=faz-archiv&p.q=amrop&p.source=&p.max=10&p.sort=&p.offset=0&p._ts=1702467138041&p.DT_from=01.11.1949&p.timeFilterType=0}}
In 2000, Amrop International merged with the Hever Group, creating the newly formed Amrop Hever Group.{{Cite news |last= |first= |date=2016-02-28 |title=Amrop Hever Group |url=https://thespinemarketgroup.com/amrop-hever-group-2/ |access-date=2023-08-16 |website=SPINEMarketGroup |language=en-US}}{{Cite book |last1=Beaverstock |first1=Jonathan V. |url=https://books.google.com/books?id=zpyQBAAAQBAJ&dq=Amrop&pg=PT84 |title=The Globalization of Executive Search: Professional Services Strategy and Dynamics in the Contemporary World |last2=Faulconbridge |first2=James R. |last3=Hall |first3=Sarah J. E. |date=2014-09-19 |publisher=Routledge |isbn=978-1-317-67534-1 |language=en}} In 2005, Amrop Hever had more offices worldwide than any other search firm.{{Cite book |last=Jenn |first=Nancy Garrison |url=https://books.google.com/books?id=wCCqaDKu7T4C&pg=PA75 |title=Headhunters and How to Use Them: A Guide for Organisations and Individuals |date=2005-04-01 |publisher=John Wiley & Sons |isbn=978-1-86197-734-2 |language=en}} In 2005, the firm had a €128 million in turnover.{{Cite book |last=Jenn |first=Nancy Garrison |url=https://books.google.com/books?id=wCCqaDKu7T4C&dq=Amrop&pg=PA128 |title=Headhunters and How to Use Them: A Guide for Organisations and Individuals |date=2005-04-01 |publisher=John Wiley & Sons |isbn=978-1-86197-734-2 |language=en}}
According to the 2005 the Economist special report Headhunters and How to Use Them, Amrop Hever, is a network of 59 independent search firms, operating internationally through a semi-integrated network guided by French law following a dual-branding approach with firms like Rossignol Todd & Associates in France, Saxton Bampfy in the UK, Seeliger y Conde in Spain and Dr Besmer Consulting in Switzerland. Those firms are more famous in local markets then Amrop brand, that help in enhancing local recognition.{{Cite book |last=Jenn |first=Nancy Garrison |url=https://books.google.com/books?id=wCCqaDKu7T4C&dq=Amrop&pg=PA128 |title=Headhunters and How to Use Them: A Guide for Organisations and Individuals |date=2005-04-01 |publisher=John Wiley & Sons |isbn=978-1-86197-734-2 |language=en}}
In 2008, NewsWeek included four Amrop's executives in the list the Most Influential Headhunters.{{Cite news |title=List: Most Influential Headhunters, Part One |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2008-01-31/list-most-influential-headhunters-part-onebusinessweek-business-news-stock-market-and-financial-advice |access-date=2023-12-13}}{{Cite news |title=List: Most Influential Headhunters, Part Two |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2008-10-28/list-most-influential-headhunters-part-twobusinessweek-business-news-stock-market-and-financial-advice |access-date=2023-12-13}}
In 2009, the name was changed to Amrop.
In 2011, Amrop forged a partnership with the Swiss business school International Institute for Management Development (IMD) and launched its Trusted Advisor Program under the umbrella of Amrop University.{{Cite web |title=IMD |url=https://www.imd.org/wp-content/uploads/2023/05/amrop-client-story-custom-programs.pdf |access-date=2023-08-16}}
In 2014, Amrop and the International Institute for Management Development (IMD) published a global C-suite study: 'Welcome to the Flight Deck' — exploring the human dimension of globalizing mid-caps.{{Cite web |title=Amrop Releases Global Case Study |url=https://www.aesc.org/insights/thought-leadership/c-suite-leadership/amrop-releases-global-case-study |access-date=2023-08-16 |website=AESC |language=en}} In the same year, Amrop was named among the 20 leading global executive search firms.{{Cite web |title=20 Global Leading Executive Search Firms 2014 |url=https://aimsinternational.com/en/2014/05/20-global-leading-executive-search-firms-2014/ |access-date=2023-08-16}}
Since 2015, Amrop has increased its presence in EMEA and relaunched its global Leadership Advisory and Board Services practices.{{Cite web |title=Importance of CEO succession planning |url=https://www.bizcommunity.com/Article/196/19/134206.html |access-date=2023-08-16 |website=Bizcommunity |language=en}}
In 2016, Russell Reynolds Associates completed the acquisition of the Norway-based Amrop AS. Following the acquisition, Amrop AS will operate under the Russell Reynolds Associates brand. {{Cite web |last=Scanlon |first=Hunt |date=2016-08-17 |title=Heidrick & Struggles Acquires Philosophy IB |url=https://huntscanlon.com/heidrick-struggles-acquires-leadership-consultancy-philosophy-ib/ |access-date=2023-12-13 |website=Hunt Scanlon Media |language=en-US}}
In 2017, Amrop strengthened its global footprint across EMEA and Asia Pacific.{{Cite web |last=Scanlon |first=Hunt |date=2018-02-12 |title=Amrop Strengthens Footprint in Australia |url=https://huntscanlon.com/amrop-strengthens-footprint-australia/ |access-date=2023-08-16 |website=Hunt Scanlon Media |language=en-US}}{{Cite web |date=2022-09-27 |title=Insights and Thought Leadership Articles for Executive Search |url=https://www.dillistone.com/insights/ |access-date=2023-08-16 |website=Ikiru People |language=en}}
Amrop also released a report titled 'Wise Decision-Making: Stepping Up to Sustainable Performance
In 2021, Amrop Partnership and JM Search (an independent retained search and leadership advisory firm) announced a strategic alliance to expand global client reach.{{Cite web |last=|first= |date=2021-02-15 |title=JM Search and The Amrop Partnership Announce Strategic Alliance |url=https://techrseries.com/amp/news/jm-search-and-the-amrop-partnership-announce-strategic-alliance-to-expand-global-reach-for-clients/ |access-date=2023-08-16 |website=TecHR |language=en-US}}{{Cite web |last=Reilly |first=Jessica |date=2021-02-15 |title=JM Search and The Amrop Partnership Announce Strategic Alliance to Expand Global Reach for Clients |url=https://jmsearch.com/news/jm-search-and-the-amrop-partnership-announce-strategic-alliance-to-expand-global-reach-for-clients/ |access-date=2023-08-16 |website=JM Search |language=en-US}} In the same year, Seeliger y Conde (SyC) which had been for 25 years the partner of Amrop left the group.{{Cite web |date=2021-04-25 |title=Seeliger y Conde entra en AltoPartners tras salir de Amrop |url=https://www.expansion.com/empresas/2021/04/26/6085d546468aebac3d8b4574.html |access-date=2023-12-13 |website=EXPANSION |language=es}} While in Peru, the local firm consolidated the market share to 40% according to the analysis of El Comercio.{{Cite news |last=Cosmópolis |first=Melissa |date=2021-12-12 |title=Amrop sigue reclutando talentos, se recupera y proyecta dos dígitos para el 2022 |language=es-PE |work=El Comercio |url=https://elcomercio.pe/economia/amrop-sigue-reclutando-talentos-se-recupera-y-proyecta-dos-digitos-para-el-2022-head-hunters-contrataciones-noticia/?ref=ecr |access-date=2023-12-13 |issn=1605-3052}}
As Diario Financiero reported, in 2022 the Chilean Pension Fund (AFP) selected Max Vicuña's Amrop headhunting firm to oversee the election of company directors, entrusting Amrop with the task of identifying candidates to represent administrators on the boards of companies in which AFP invests.{{Cite web |last=Financiero |first=Diario |title=AFP eligen a headhunter Amrop de Max Vicuña para la elección de directores de empresas en 2022 {{!}} Diario Financiero |url=https://www.df.cl/mercados/pensiones/afp-eligen-a-headhunter-amrop-de-max-vicuna-para-la-eleccion-de |access-date=2023-12-13 |website=www.df.cl |language=es}}