Christian and Timbers First Executive Search Firm to Audit Candidate Stick Rate

Christian and Timbers, the international executive search firm, today became the first executive search firm to release an audited `candidate stick rate` of 94 percent for the period of January 2005 through June 30, 2006. Hausser Taylor, Certified Public Accountants who performed the audit, define `stick rate` as the percent of candidates placed at a company and still employed by the client company in the same, similar or elevated position.

In addition, the firm announced an audited `average number of days to placement` of executives placed in 2005 at 146 days. A placement occurs when the client has chosen a candidate who is placed in the role, whether from an outside hire or an internal promotion. However, 80 percent of the firmís placements took an average of 104 days.

Christian and Timbers services multinational companies from the Fortune 500, NASDAQ, FTSE 100, CAC 40, and DAX. In 2005, Christian and Timbers became the first firm to announce an audited placement rate of 79 percent.

The search industry has few published standards for success. Executive recruitment firms have never before reported actual candidate `stick rate`, average number of days to placement, or placement results.

Brian Sullivan, chairman and CEO noted, ìIncreasing transparency in our industry empowers clients and sets the bar for search firms. Performance, quality and results all get better when they are measured. We expect that clear performance metrics will lead to greater understanding of the value of executive search as a strategic consulting service.î

To continually improve performance and results takes the right appropriation of resources. Christian and Timbers allocates its resources toward producing search results. More than 50 percent of the economics of each search is allocated to the search execution team.

Sullivan continued, ìOur firmís priority is timely placement and assurance that the executive is the right match. Allocating more than 50 percent of the search economics to execution is in direct alignment with the priorities of our clients. They hire us to deliver the ultimate result, timely placement of a world-class executive who stays in the chair.î