Calibre One, a global boutique executive search firm specializing in building diverse leadership teams for technology innovators and companies undergoing digital transformation, today announces it has hired David J. Schumer as a partner in its New York office. Mr. Schumer will further strengthen Calibre One’s global financial technology practice and lead the company’s broader expansion into serving financial services clients, including investment management and insurance.

“Calibre One is continually looking to expand into new industries that are undergoing digital transformation,” said Dan Grosh, managing partner of Calibre One in San Francisco. “One such area is the financial services sector where investment management firms are facing increased competition, fee pressures, shifting client preferences and ever-changing regulation. Of all of the changes confronting investment managers, artificial intelligence, robotics and distributed ledger technologies hold the most potential to transform the industry. With the addition of David, we have substantially strengthened our technical expertise and access to senior executives in financial services to bring clients the global talent they need to thrive in the era of technological and regulatory change.”

“David is an exceptional partner for Calibre One because he brings a unique blend of consultative search experience, a proven track record of success and hands-on industry experience as both a banker and investor,” said Diane McIntyre, partner of Calibre One in New York. “He already has relationships with some of the financial industry’s critical decision makers along with a portfolio of recent searches that include senior executives and investment talent in both fundamental and quantitative strategies, technology infrastructure, and analytics. I look forward to working together to build on the momentum that Calibre One is already experiencing in fintech, blockchain and digital transformation, and to help spearhead our expansion into financial services.”

Mr. Schumer has more than a decade of investment management experience. Most recently, he served as principal for an executive search boutique and strategic advisor specializing in talent management for the asset and wealth management industry. Prior to that, he was a consultant at David Barrett Partners. Mr. Schumer also previously served as an equity investor at Tribe Capital Management and at HBK Investments. He started his career as an investment banker at Lehman Brothers.  Mr. Schumer graduated magna cum laude with a bachelor’s degree in business administration from The George Washington University. He currently lives in Manhattan with his wife, son, daughter and their dog, Rocky.

SOURCE: Calibre One