Egon Zehnder International Picks Manager for Czech Republic and Slovakia

Choice of experienced German Partner underscores increasing importance of local markets to the world’s largest privately held executive search firm.

Prague, Czech Republic, April 10, 2008 --(PR.com)-- Egon Zehnder International, the world’s largest privately held executive search firm, has appointed Partner Dr. Nicolas von Rosty to the position of Office Manager for Czech and Slovak Republics.

Mr. von Rosty, 45, had overseen the Prague office of Egon Zehnder International (EZI) for about a year. He is now taking full responsibility for both Czech and Slovak operations. Prague is one of the 62 wholly-owned offices the firm operates in 37 countries.

In Germany, Mr. von Rosty had led the country’s service practice group for the industrial sector, which also forms the backbone of both Czech and Slovak economies. Placing him at the helm of the Prague office points to the increasing importance of these two markets to the global firm and also underscores its long-term commitment to serving clients in both Czech and Slovak Republics.

“A shortage of skilled professionals, not only at senior management level, is a relatively new phenomenon in the Czech Republic and Slovakia. The lack of top talent puts a strain on management resources, and is a factor in raising the importance of our consulting services in these two markets,” said Mr. von Rosty, who will broaden his focus to include all aspects of business life in the two countries.

EZI is renowned for its client-first vision and the One Firm approach globally. Its single-profit centre partnership structure and highly collaborative corporate culture are unique to the executive search profession.

In the Prague office, Mr. von Rosty joins management consultants Robert Fekete and Pavel Lhotka in identifying, assessing and recruiting talented business leaders for both global and local clients. EZI has also on the world stage pioneered a professional service to help its clients evaluate the “human capital” and the Prague team is interested in rolling out the firm’s Management Appraisal consulting practice in the Czech and Slovak Republics as well.

Mr. von Rosty joined Egon Zehnder International in 2000 as a consultant in the Hamburg office. Previously, he worked as Managing Director at Thyssen A.G. in Mexico City, Legal Counsel at Thyssen Group in Düsseldorf and as an Attorney at Law with White & Case, Feddersen in Berlin. He has a PhD degree in Law from Universities of Hamburg, Heidelberg and New York.

About Egon Zehnder International

Egon Zehnder International (EZI) entered the Czech Republic in 1990 and opened an office in Prague in 1994 to serve clients in both Czech and Slovak Republics. The firm established resident presence in Bratislava in 2005.

EZI was founded in 1964 with a distinctive vision and structure aimed at achieving two basic goals - to place the clients' interests first and to lead the profession in creating value for clients through the assessment and recruitment of top-level management resources. In addition to executive search, the firm provides assessment and talent management services for leading companies across the globe.

The most fundamental expression of EZI’s client-first vision resides in its structure, which is unique to the profession. The firm’s 370 consultants, operating from 62 wholly owned offices in 37 countries, are organized around a single-profit center partnership. This is designed to eliminate competitive barriers between EZI’s offices. It allows EZI to operate seamlessly when engagements call for the firm to mobilize across many offices in a country or a region.

As a result of this unique culture, EZI has the highest professional staff retention rate for a global firm in the profession. A feature pioneered by EZI - and still distinctive in today's marketplace - is the firm’s fixed fee policy. Since the firm’s fees are agreed in advance, irrespective of the candidate's ultimate salary, there is no incentive for EZI to recommend those with higher salaries or exclude potential candidates from within the client's own organization.

EZI’s clients range in size from the world's largest corporations to emerging growth companies, in addition, to government and regulatory bodies and major educational and cultural organizations.

For clients operating in selected industries, EZI has sector specialists organized into global practices. These include Financial Services, Consumer, Life Sciences, Technology & Telecoms, Industrial, Services and Private Capital.

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Egon Zehnder International
Marek Petrus
+420 221 111 737
www.egonzehnder.com
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