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PRESS RELEASE

The Joel Paul Group

Executive Search & Consulting Services

 

PRESS RELEASE

Joel H. Paul & Associates, a Leading Executive Search Firm

for the Nonprofit Industry, is Acquired

 

Lyncrest Management Group Plans Investment to Help Firm

Expand in New Markets and Service Areas

 

NEW YORK – Lyncrest Management Group has acquired the national executive search firm Joel H. Paul & Associates, Inc. in a strategic transaction focused on expanding the capabilities and service offerings of this leading nonprofit industry recruiter.

 

The firm’s name has been changed to The Joel Paul Group (JPG) in the first of a series of corporate rebranding and growth initiatives designed to build upon the firm’s acknowledged industry leadership and enable it to penetrate new market segments.

 

William Hochman, principal of Lyncrest Management Group, will serve as the firm’s new CEO. Joel H. Paul, who founded the firm in 1986, will serve as president and will maintain active involvement in all aspects of the firm’s operations and corporate growth program.

 

Under his stewardship, Paul established the firm as one of the nation’s leaders in providing strategic counsel to prominent philanthropic and education clients. He is widely credited with having helped a wide variety of groups, striving to advance vital social causes, become models of excellence.

 

“By all accounts, Joel has done an outstanding job of growing the firm into one of the country’s premier executive search and advisory firms serving nonprofit clients,” Hochman said. “Our aim is to build upon a very solid foundation by making capital investments that will expand our strategic capabilities and position us for substantive and sustainable growth.”

 

Paul added, “I’m very excited to be working with Willie Hochman. He is an accomplished executive and strategist who will be able to help us identify and capitalize on opportunities for growth that will secure our firm’s leadership role well into the future.”

 

Hochman brings nearly 30 years of leadership experience to his position as CEO of The Joel Paul Group. His expertise is in management, marketing, and consultative sales – gained from serving in senior capacities with leading international brands and prominent nonprofit groups. Hochman has held senior management positions with such companies as Standard & Poor’s and Dun and Bradstreet. Additionally, as a lay leader, he is actively involved in a wide range of community growth and philanthropic organizations. 

 

Paul is one of the nation’s leading authorities on executive search for nonprofit organizations. He is also an expert on communal life and philanthropy and has held multiple high-profile positions with nonprofit groups. Paul has utilized his lay and professional experience to help the leaders of those organizations formulate high-level policy and strategic direction.

 

The firm will soon move to larger offices at 53 West 36th Street in Manhattan to accommodate its current and future growth plans.

 

About the Joel Paul Group (JPG)

The Joel Paul Group is an industry leader in providing executive search and management advisory services to nonprofit clients. JPG’s recruitment solutions focus on senior- and mid-level searches for candidates in the areas of administration, finance, development, human resources, education, marketing and communications, program development, academia, and facilities management. For more information, enter website.

The Joel Paul Group is a leading provider of recruitment solutions focusing on senior-level and mid-level search for:

 

· Administration

 

· Finance

 

· Development

 

· Human Resources

 

· Education

 

· Marketing & Communications

 

· Facilities Management

 

53 West 36th Street, Suite 605 New York NY 10018 212-564-6500 Fax: 212-868-2671

©2009 The Joel Paul Group. All rights reserved.