March 10, 2016, New York Options Group, a leading executive search and consulting firm, announces that Richard Stein has been appointed to the newly created role of chief growth officer.
As chief growth officer, Richard will develop and implement programs and management processes designed to accelerate Option Group’s revenue and profitability growth globally. He joined Options Group in October 2014 as Partner. With more than 25 years of consulting and recruiting experience, Richard has established a track record of success in recruiting, market intelligence research, and advisory. Throughout his career, Richard has originated and executed search and competitive intelligence assignments for investment banks, hedge funds, asset managers and alternative investment firms around the globe. In addition to Richard’s new role as chief growth officer, he is also the global head of OGiQ and member of Options Group’s Partners Operating Committee.
His expanded responsibilities include overseeing collaborative strategies across the firm, including integrated large account management; developing and implementing collaboration “rules of engagement” across the firm; collaboration training (OG University); strengthening compliance rules; and overhauling performance metrics, compensation and incentives to encourage enhanced collaboration. Richard’s mission is to create strategies for improved sector management and more effective business development strategies and activities. A key focus area will be the development and implementation of the firm’s M&A growth initiatives, both in terms of acquisitions as well as select producer recruitment.
“I am very pleased to announce the creation of this role, and I am confident that Richard will continue to propel Options Group to new levels of profitability through the implementation of market-leading strategies,” said Mike Karp, CEO of Options Group. “Richard has demonstrated an enormous ability to create, adapt, and innovate, and we are excited about the next chapter of Options Group with his enhanced role,” added Bob Reed, President of Options Group.
ABOUT OPTIONS GROUP
Founded in 1992, Options Group is a leading global executive search and strategic consulting firm for the financial services industry. Since 2000, we have maintained a local presence on five continents and have placed thousands of mid- to senior-level professionals in all areas of the financial services industry at a range of institutions. With over 175 consultants and market intelligence professionals worldwide, Options Group has a thorough knowledge of key competencies in the financial industry and is at the cutting edge of global hiring services and compensation trends for securities, investment banking, hedge funds, asset management, and information technology.