He takes over from founding director John Wakeford, who had headed the business for six years and will now concentrate on growing the firm’s Financial Services, CFO and Chair & NED practices.
Spencer, has been with the executive search consultancy for almost a decade, having joined as a director in 2007 after six years as Executive Recruitment Director at the Caudwell Group.
He will continue to lead HW’s Consumer division, which operates in more than 70 countries throughout Europe, Latin and North America, South Africa, Middle East and Asia Pacific, and boasts global relationships including Mars, Kellogg’s and GSK Consumer Healthcare, among its impressive client base.
The father-of-three, from Wilmslow, explained the move: “It is evolution rather than revolution as far as the business is concerned, ensuring all the directors play to our key strengths.
“Over the past decade we have developed a broad range of both local and global clients across various industry sectors and specialisms, and thanks to John’s leadership we are on a firm financial footing, with the business well positioned to further invest and push on.
“We are now moving in to a new phase with an emphasis more on brand communication, nurturing global client relationships, building deeper knowledge in the digital and big data arena, whilst investing heavily in systems and developing core talent within the business. We are also pursuing potential merger and acquisition opportunities to help us achieve our ambitious growth strategy.
“John has a real passion for the Chair & NED market and consumer financial services and after six years combining these with the CEO role will now be able to commit more time to developing these key strategic areas of the business.”
Spencer, who spends the majority of his time working with global clients, locally and internationally, will lead the business in the UK working between the Manchester, Leeds and London offices with John Wakeford and fellow founding director Adrian Hitchenor.
In the past decade HW has completed more than 1,000 executive searches and placed over 100 interim executives on behalf of numerous international businesses, working across the world.
The consultancy’s ever growing and varied client portfolio boasts some of the biggest names on the UK high street including food and non-food retailers, banks and building societies, as well as global consumer brands.
It also counts an international online retailer, low cost airline, price comparison website, telecommunications provider, pharmaceuticals giant and a multinational security services company among its FTSE 250 clients.