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About Hagerthy & Co.

“It’s not the size of the dog in the fight…
It’s the size of the fight in the dog.”


While that may sound like an unusual way to talk about a search firm, it sums up some things about the recruiting industry and how different recruiters operate.     


“The Fight”     


Finding the talent is no longer the “fight”. With today’s unparalleled access to information, having a list of people in the industry gives a recruiter, at best, a few days head start. The real “fight” is getting the candidates who are not looking for a job excited about your opportunity. Most companies see industry contacts as a key factor in determining which recruiter to engage. Having “a lot of contacts in the industry” can be a code phrase for recycling old candidates from prior searches. You’re not paying a recruiter to tap into a database and bring you names of people who have already said they would like to make a move; an ad will bring you the bulk of those candidates. You’re paying a recruiter to mine deep to find candidates who are not looking for a job, but became interested when the recruiter contacted them about your opportunity. These are “sleeper” candidates and are usually the best talent at their company. “Mining deep to find top talent” is what we do at Hagerthy & Co.

Getting top talent interested in the opportunity is only part of the “fight”. The rest is implementing a hiring process that:

• Structures interviews to unearth the most relevant predictors of future success.
• Assesses accurately and moves only the highly qualified candidates to the next step.
• Results in offers only to candidates who are capable of meeting your clearly defined expectations.

My colleagues and I have worked on over 300 searches and combining our experience with surveys and research, we have identified the top 5 hiring mistakes most companies make. We have developed a recruiting process specifically designed to address those mistakes and act as consultants to make sure our clients are hiring the best possible talent.


“The Dog”     


Knowing the background of the “dogs” you are sending into the fight is important.      



                                     Mike Hagerthy
                                     Managing Director

                                     Mike started his career in banking and holds a bachelors degree in Marketing and an MBA in

                                     Finance. He was recruited to be one of the early marketing professionals in the public accounting

                                     profession where he spent over eight years as the regional head of market for three international

                                     accounting and consulting firms including Deloitte.

                                     He began his recruiting career over 17 years ago when he became a partner in a startup venture,

                                     IMCOR, which was providing senior interim executives for private equity funds and large corporate

                                     clients. He helped build IMCOR to be the largest firm of its kind in the country and continued with

                                     the firm after it was sold to an NYSE company.

He formed Hagerthy & Co. specifically to serve the unique recruiting needs of middle market companies and the portfolio companies of private equity firms. He has conducted over 150 searches in multiple industries and functions. He is a sought after speaker on the topics of how to make better hires and tips for executives in transition.


                                     Suzanne Watson

                                      Senior Associate

                                     Ms. Watson's more than fifteen years of experience in the executive search field has afforded her

                                     the opportunity to service virtually all functional areas and industries, though she has particular

                                     experience in entertainment, healthcare, biotechnology, high technology, construction,

                                      defense/aerospace and general management.

                                     Ms. Watson gained much of her experience while she was a Partner at a retained research and

                                     executive search firm, The Simonds Group. Prior to this, she served as Director of Research at

                                     Houze, Shourds & Montgomery, Inc. – a leading retained boutique search firm based in Los Angeles.
                                     Ms. Watson has shared her expertise with the International Association of Corporate and

                                     Professional Recruiters (IACPR) - developing and organizing seminars on pertinent subjects. She furthers her dedication to the field as a member of the Society for Human Resource Management, the Employment Management Association and the Southern California Roundtable, an organization of research professionals.

Ms. Watson was nominated for the Orange County Business Journal’s prestigious “2002 Women in Business Award” and has been a guest speaker at Long Beach City College; discussing such topics as “Preparing Yourself for an Interview” and “How to Write a Resume”. In addition, she serves on the Board of Directors for Senior Meals and Services, a non-profit organization in Orange County, California. Her tremendous enthusiasm and industry knowledge lead her to found SWR Resource Network.


                                    Angela D. Smith
                                    Senior Associate

                                    Ms. Smith brings eight years experience in the executive search field to SWR Resource Network,

                                    Inc. Prior to joining SWRRN, she worked with The Simonds Group where her assignments focused

                                    on consumer products, manufacturing and engineering, healthcare and professional services.

                                    Ms. Smith obtained her B.S. in Business Management with honors distinction from the University of

                                    Phoenix South Coast Campus. Ms Smith is a lifelong member of the esteemed academic honors

                                    society, Alpha Gamma Sigma. Additionally, she has demonstrated her commitment through her

                                    involvement with several volunteer organizations serving as President, Vice President of Community

                                    Relations and Chairperson of the Fall Regional Conference, organizing Hiring Clinics focusing on

                                    transitioning from college to career as well as self-development.

She is a member of The Southern California Research Roundtable, an organization of research professionals, and has won numerous community service awards, including the Robert Mantovani and Hall of Fame, for her contributions. Most recently, Ms. Smith joined Toastmasters International and plans to stay active in her school and community while continuing to develop her professional leadership skills.


Shirley Jaglowskii


Dawn Robison


“The Bone”


Consistent with the standards of the executive search industry, our professional fee is based on service and is typically one-

third of the final candidate’s estimated first year’s total cash compensation, including base salary and

bonuses. In addition, we are reimbursed for actual, reasonable out-of-pocket expenses without mark-up.

There are no charges for “other administrative expenses” which other search firms charge as an

additional 5%-10% of the fee. Hagerthy & Co. works on a milestone billing basis where we only bill

after we have achieved the agreed upon milestone. A typical billing structure would be:














Milestone Billing



Billed at onset of work.



Billed at the introduction of qualified candidates (Usually between 4 and 6 weeks)



Billed at the successful completion of the search. Due upon the candidate’s first day of employment



Partial Client List


Private Equity Firm Clients


AVF Holding Ltd.
Doyle & Boissiere
Catalyst Equity Partners
GE Capital
HIG Private Equity
Hampshire Equity Partners


Heller Equity
McCown De Leeuw & Co
Recovery Equity Partners
Triton Pacific Partners
Trust Company of the West
Wedbush Private Equity


Middle Market Companies


Arroyo Packaging
Custom Machining
Toro Corporation
M & M Blinds
TD Services
Bank of the West
3 Day Blinds
Arctic Slope Regional Corp.
Chadmoore Wireless
Chaparral Communications
CMI Corporation
Coleman Natural Meats
Color Spot Nurseries
Creative Optics
Merksamer Jewelers
Crossroad Capital Partners
Cycle 23
Del Taco



DESA International
DRI Services
Epson America
Herb Thyme
IndyMac Bank
VSI Fasteners
Maverick Desk
Brown Jordan
Rapid Rack
RCR Companies
Strategy LLC
Sunrise Medical
System Source
Thomson Elite
Tropitone Furniture
Vans Inc.
Why Run Out
Zenographics, Inc.



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