Chrisman & Company: Comprehensive Company Profile

Background

Company Overview

Chrisman & Company, founded in 1980, is a retained executive search firm headquartered in Los Angeles, California. Specializing in the financial services sector, the firm focuses on recruiting senior and executive-level professionals, including board directors, across the United States. With a deep understanding of financial institution operations and regulatory environments, Chrisman & Company has established itself as a trusted partner in executive placements within the industry.

Mission and Vision

The firm's mission is to deliver tailored recruiting solutions that align with clients' business cultures and strategic objectives. By emphasizing integrity, teamwork, and long-term relationships, Chrisman & Company aims to provide leaders who not only meet technical qualifications but also fit seamlessly into the unique cultures of client organizations.

Key Strategic Focus

Core Objectives

Chrisman & Company is dedicated to serving clients by offering customized recruiting solutions that address the challenges of operating within highly regulated financial environments. The firm focuses on:

Executive Search: Identifying and placing leaders who align with clients' cultures and strategic goals.

Board Services: Assisting in the selection of directors to meet specific strategic needs.

Succession Planning: Crafting and implementing effective succession plans and leadership transitions.

Areas of Specialization

The firm's expertise encompasses:

Executive Search: Placing leaders who align with clients' cultures and strategic goals.

Board Services: Assisting in the selection of directors to meet specific strategic needs.

Succession Planning: Crafting and implementing effective succession plans and leadership transitions.

Primary Markets

Chrisman & Company serves a diverse clientele within the financial services industry, including:

Commercial Banks

Savings & Loan Companies

Equity Sponsors/Venture Capital Firms

Investment Banks

Investment Management Firms

Leasing Companies

Mortgage Companies

Real Estate Investment Trusts (REITs)

Trust Companies

Insurance Firms

The firm operates nationally, conducting searches for senior and executive-level positions and board director roles across the United States.

Financials and Funding

As a privately held firm, Chrisman & Company does not publicly disclose detailed financial information. However, industry estimates suggest the firm generates annual revenues between $1 million and $10 million, with a team of approximately 16 employees.

Technological Platform and Innovation

Proprietary Technologies and Methodologies

Chrisman & Company employs a comprehensive, client-centric approach to executive search, which includes:

Client Understanding: Developing a deep insight into the client's organization, culture, and strategic needs.

Profile Development: Collaboratively creating detailed profiles outlining position descriptions and desired candidate attributes.

Research and Sourcing: Utilizing proprietary databases and industry networks to identify potential candidates.

Evaluation: Conducting thorough assessments to ensure candidates' alignment with client requirements.

Presentation and Placement: Presenting qualified candidates and assisting throughout the interview, selection, and onboarding processes.

This structured methodology ensures the delivery of leaders who are well-suited to clients' unique cultures and strategic objectives.

Leadership Team

Timothy R. Chrisman – Founding Partner

Timothy R. Chrisman established Chrisman & Company in 1980. Prior to founding the firm, he served as Senior Vice President at Guarantee Financial Corp., overseeing retail banking, human resources, marketing, and general administration. Mr. Chrisman has held various board positions, including:

Chairman of the Board, Gateway Bank, FSB (2021–2024)

Chairman of the Board, FIG Partners LLC (2008–2019)

Director, HomeStreet, Inc. (2014–2018)

Chairman of the Board, BANC of California, Inc. (2011–2014)

His extensive experience in financial services and governance has been instrumental in shaping the firm's strategic direction.

Mik Chrisman – President

Mik Chrisman serves as the President of Chrisman & Company, contributing to the firm's leadership and strategic initiatives.

Peter Kelly – Partner

Peter Kelly holds the position of Partner at Chrisman & Company, playing a key role in client engagements and executive search processes.

Michele Gil – Managing Partner

Michele Gil is the Managing Partner at Chrisman & Company, overseeing operations and ensuring the delivery of high-quality executive search services.

Competitor Profile

Market Insights and Dynamics

The executive search industry, particularly within the financial services sector, is highly competitive. Firms in this space must demonstrate deep industry knowledge, extensive networks, and a proven track record to attract and retain clients.

Competitor Analysis

Key competitors in the executive search domain include:

Spencer Stuart: A global executive search and leadership consulting firm with a strong presence in financial services.

Korn Ferry: Offers executive search, leadership development, and consulting services across various industries, including financial services.

Heidrick & Struggles: Provides executive search and leadership consulting services with a focus on senior-level placements.

These firms leverage extensive global networks and comprehensive service offerings to compete in the executive search market.

Strategic Collaborations and Partnerships

Chrisman & Company has established robust partnerships with various financial institutions and organizations within the financial services sector. These collaborations enhance the firm's ability to identify and place top-tier talent, ensuring clients receive leaders who align with their strategic objectives and cultural values.

Operational Insights

Chrisman & Company's strategic considerations include:

Deep Industry Expertise: Leveraging extensive knowledge of financial services to understand client needs and industry challenges.

Tailored Solutions: Providing customized executive search services that align with clients' unique cultures and strategic goals.

Commitment to Excellence: Maintaining a focus on integrity, teamwork, and long-term relationships to deliver high-quality results.

These factors contribute to the firm's distinct competitive advantages in the executive search industry.

Strategic Opportunities and Future Directions

Looking ahead, Chrisman & Company is poised to:

Expand Service Offerings: Enhance existing services and explore new areas within executive search and leadership consulting.

Strengthen Industry Presence: Deepen engagement within the financial services sector to solidify the firm's position as a trusted partner.

Leverage Technological Advancements: Utilize emerging technologies to improve search processes and client outcomes.

By building on its current strengths and exploring new opportunities, Chrisman & Company aims to continue delivering exceptional value to clients in the evolving financial services landscape.