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Executive Search Firm Founders Move to Adapt to Slowing Economy
Opening an executive search firm in the teeth of an economic slowdown is tough timing, but Chris Bull and Rod McDermott say their business is faring well in its first year.
"We're pretty happy with how we're doing right now, although the search industry as a whole has taken some hits," Bull said. "We feel we're fairly well-positioned in the marketplace and we have enough of a reputation that we feed off of."
Bull and McDermott are founders and managing directors of Irvine-based McDermott & Bull Inc., which has eight employees, up from three at the start in March. The partners say they plan to hire another 15 in the next year. The company is forecasting...