Cowen Partners in the Financial Times - Top CFO Search Firm

      Carriers Hit Left & Right with C-Suite Changes

      Several carriers have experienced turnover of C-suite leadership in the past five months as executives seek work-life balance, face termination, or retire.

      Part of the turnover can be attributed to demographics, with several executives nearing retirement. But another factor is a pandemic-driven shift in values toward less stressful careers.

      “We’re dealing with a lot of baby boomers that are retiring [and] that had delayed retirement through the pandemic,” said Shawn Cole, president and co-founder of Cowen Partners, a national executive search and consulting firm. “Many executives that are retiring — including CEOs — are just exhausted from the last few years.”

      In addition, a “corporate atmosphere” is not necessarily a good fi t for people searching for better work-life balance, he said. A number of executives across industries have turned to consulting after leaving their positions.

      Finally, Cole added economic uncertainty — driven by nagging inflation, high interest rates and questions about growth — could be prompting businesses and their boards to reevaluate company leadership.

      About the Financial Times

      The Financial Times is one of the world’s leading news organizations, recognized internationally for its authority, integrity and accuracy.

      About Shawn Cole, President & Cofounder

      Shawn is a serial entrepreneur and executive leader with over 15 years’ experience founding and running successful companies. Shawn’s business career has been centered on value creation for both turnarounds and startups.

      Shawn is President and Co-Founder of Cowen Partners, a national executive search firm focused on the key elements of a successful business: sales, marketing, and finance. Business clients across the country trust Cowen Partners to take their companies to the next level by finding them executive talent, such as a CEO, CFO, COO, Chief Revenue Officer, and Chief Marketing Officer. Clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations, typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $1 billion and $15 billion.

      An active participant in the business community and startup space, Shawn Co-Chairs The Cowen Partners Venture Fund which provides seed funding and early stage investments, focusing on market disruptors in niche markets, community businesses, and minority entrepreneurs.

      Shawn attended Oregon State University’s College of Business Austin Entrepreneurship Program and participated in a first-of-its-kind experiential entrepreneurship experiment at Weatherford Hall. He was also a Founding Member and President of Oregon State University’s Students in Free Enterprise, an international non-profit organization working with university students who want to positively change their communities and learn practical knowledge to become socially responsible business leaders.

      Cowen Partners is a leader among the nation’s best CFO executive search firms, enabling companies to harness the power of human capital to fuel their success. Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations.

      Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.

      With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.

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