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BiS COVER STORY                                              “We have integrity and confidentiality sewn into our underwear.” — Eugen Nees, on Braswell Nees Group’s reputation
                                                                                                                                    gene



Braswell Nees Group finds
high-level executives who fit
BY DARREN MILLER                             the Bahamas, anywhere really,” Nees         fortable “Partners’ Meeting Room” at
                                             said.                                       the Oglethorpe headquarters).
   The home at 107 E. Oglethorpe Ave.           For the first time in each of their          After an exhaustive process often
seems perfectly suited to be a stop on a     lives, they chose where they wanted         completed in a short period of time,
tour of historic homes.                      to live, rather than having their career    they offer the client a menu of three to
   It doesn’t, however, exude a feeling      and employers dictate their place of        five candidates, each having been fully
one might expect from the headquar-          residence.                                  screened and warranting the firm’s
ters of a firm national and global cor-          “We both independently fell in love      recommendation.
porations call to find the right person to    with Savannah,” Braswell said. “I’ve           “No client has ever said, ‘I don’t like
fill a high-level executive post.             lived all over the world, and Savannah      any of them,’” Braswell said.
   Passers-by won’t see a sign outside       — alongside San Francisco — is the             “We have never not filled the posi-
with the firm’s name. There’s no lobby        most beautiful city in the country.”        tion we’ve been retained to fill,” Nees
with a receptionist. But on any given           Nees echoed those sentiments, add-       added.
day inside this early 19th-century brick     ing that his vow to avoid anything but
house, the ground-floor office is abuzz        direct flights for business-related travel   A firm future
with activity.                               quickly fell apart.
   Someone may be finalizing a posi-                                                         In a world of Facebook, LinkedIn,
tion description and specifications          The smaller the better                      and countless online résumé/job post-
with a client over the phone; searching                                                  ing boards, the question arises as to
for possible candidates and research-           In the past year, the Braswell Nees      why an executive search firm would
ing their backgrounds; meeting with          Group has conducted and successfully        be needed. The answer is, for high-
a prospective client; or interviewing        completed 20 executive searches as          level positions at major corporations,
a potential chief executive officer at a      many of the major firms flounder.             the resources and assessment skills
major company.                                  Many companies that traditionally        such a firm brings to a search can be
   Stephen Braswell, who also happens        used large national recruiting firms         invaluable.
to reside in this somewhat hidden His-       have, in many instances, turned to             “We know CEOs and senior execu-
toric District gem with his wife, Tena,      more boutique outfits, which are            tives. We know what’s important to
launched Braswell & Associates about         able to provide more attention (from        them,” Braswell said.
12 years ago.                                partners rather than junior staff);            The executive search business is
   The decision to start an executive        recommend candidates based on               changing dramatically, Braswell and
search firm came on the heels of a 33-        original searches (rather than serving      Nees agreed.
year career with the Prudential Insur-       up previous rejects); deal with a much         “It’s much more that just, ‘Go find
ance Company.                                more limited “off-limits” list (companies   us a person for us for this position,’”
   After living in many parts of the         at which the firm has placed candidates      Braswell said. “That would certainly
world throughout his professional life,      and can no longer recruit from); and        take the fun out of it for us.”                                                                                                                                                                                                                                   Photos by Richard Burkhart/BiS
Braswell’s deep Georgia roots eventu-        keep the process confidential (so much          The Braswell Nees Group wants             Eugene Nees, left, and Stephen Braswell have rooted their executive search business in a relationship-driven, person-to-person model. When they can’t meet in person, they use resources such as Skype, an online calling
                                                                                                                                                                                    ve
ally would bring him and his family to       so that there’s no knowledge a search is    to do more for its clients than only         software, to talk with clients as well as their th partner and Nees’ son, Chuck Nees, in New Jersey.
                                                                                                                                                                                    r third
Savannah, where he has lived for about       even under way).                            recommend candidates, fill positions
a decade.                                       That said, attracting clients starts     and get paid.
   Three years ago, a chance introduc-       with developing relationships and              Throughout the process, Nees said,        THE BRASWELL NEES GROUP
tion at a cocktail party altered the         expanding networks, Braswell said.          they really become a sort of consiglieri
course of Braswell & Associates.                Nees agreed: “It’s all about who you     for the hiring executives.                   Partners: Stephen Braswell,         SAMPLI OF BRASWELL NEES GROUP CLIENTS
                                                                                                                                                                             PLING
   Enter Eugene Nees.                        know and who you can get to know.”             “They really need to have some-             Gene Nees, Chuck Nees
   Nees, a senior partner at one of the         With 65 years of professional experi-    one not part of their organization to        Location: 107 E. Oglethorpe
world’s leading executive search firms        ence in various industries, their Rolodex   turn to for advice, impressions and            Ave., Savannah (along with
(based, of course, in Manhattan), and        is extensive and being added to regu-       feedback,” Braswell said. “You really          an office in Summit, N.J.)
his wife decided to spend a four-day         larly via introductions and referrals.      become a confidante, and that’s really        Contact: 973-701-6972,              Comverse T
                                                                                                                                                                                  erse Technology          High Point Auto            TriServ Alliance (Atlanta     Invesco (Atlanta)             GMAC Financial Services       Supervalu (Eden Prairie,       Avon (New York)
                                                                                                                                                                          Inc. (New Y City and
                                                                                                                                                                                        York               Insurance (Red Bank,       and Jacksonville, Fla.)       About the company:            (Philadelphia)                Minn.)                         About the company:
weekend in Savannah.                         In order to draw on those resources,        what makes it fun — that kind of               hello@braswellnees.com
                                                                                                                                                                          Tel Aviv
                                                                                                                                                                               Aviv)                       N.J.)                      About the company:            Invesco Ltd. is one of the    About the company:            About the company: In          Founded in 1886, Avon
   It was their first visit and they chose    their credibility and reputation must       interaction.”                                Web site:                           About the c    company:          About the company:         Jacksonville-based group      largest independent global    GMAC is a global financial    business for more than         Products Inc. is the
the city as their destination largely        be untarnished.                                Because the business remains rooted         www.braswellnees.com              In operation f more
                                                                                                                                                                                          for              The sixth-largest auto     of health plans from eight    investment managers           services company that         a century, SuperValu           world’s largest direct seller
because he liked the sound of the word          “You have to earn the right to make a    in a relationship-driven, person-to-                                             than 25 y years, Comverse        insurance carrier in New   states that formed in April   and owns several              was founded in 1919.          Inc. is the third-largest      of beauty and beauty-
“Savannah.” Before they left, they made      call and have people pick up the phone,”    person model, Braswell and Nees are          WHAT THEY DO                        provides softwar and
                                                                                                                                                                               vides software              Jersey employs more than   2008 to pursue a six-         subsidiaries including        Initially formed to provide   food retailing company         related products. With
an offer on a house. He soon cashed out      Nees said.                                  confident they will have plenty of work       The Braswell Nees Group is          systems enabling servic
                                                                                                                                                                                ems             services   600 people.                year, $24 billion contract    Invesco PowerShares           automotive finance            in the U.S. and ranks          $10.7 billion in annual
as partner and moved to the Hostess             The Braswell Nees Group has done         well into the future and might even add      an executive search firm that       for voice, mess
                                                                                                                                                                                   e, messaging,           Braswell Nees Group        with the Department of        Capital Management LLC,       products and services to      on the Fortune 100 list.       revenues in 2008, Avon
City.                                        so, Braswell said, by demonstrating         research.                                    works with top corporations         mobile Internet and mobile       work: Completed four       Defense to manage the         Invesco Trimark, Invesco      General Motors dealers        SuperValu operates more        and its approximately
   “I had no intention to work again,”       sound judgment and appropriate                 The future of                             around the world to fill            advertising; c  converged        searches, including        government’s TRICARE          Perpetual, W.L. Ross          and clients, GMAC             than 2,500 food and food/      42,000 associates now
Nees said. “Until I met Steve.”              sensitivity.                                the firm, both men                            high-level positions. The           billing and activ
                                                                                                                                                                                        active             director of human          health care program for       & Co. and Invesco Aim         has since expanded            pharmacy combination           serve customers in more
   That meeting, however, sparked the           “We have integrity and confidenti-        agreed, lies with its                        process involves assisting the      customer m
                                                                                                                                                                                omer management            resources, director of     the Southern U.S. region.     Distributors Inc., which      its business to include       stores, more than 875          than 100 countries. The
growth of Braswell’s one-man shop. A         ality sewn into our underwear,” Nees        third and newest                             company with the creation of        and IP communic
                                                                                                                                                                                   communications.         segmentation marketing     Braswell Nees Group           is the U.S. distributor for   mortgage operations,          in-store pharmacies, more      primary distribution
                                                                                                                                                                          Comverse has cus
                                                                                                                                                                                verse       customers      and two direct reports.    work: Completed               Invesco’s retail mutual       insurance, commercial         than 100 fuel centers and      channel is direct-
partnership evolved, resulting in the        added.                                      partner. Nees’ son,                          job specifications, searching
                                                                                                                                                                          in more than 130 nat nations,                               searches for 19 leadership    funds, exchange-traded        finance and online            serves as the primary          selling by more than
creation of the Braswell Nees Group.            After a client contracts the firm, the    Chuck, was brought                           for potential candidates,
                                                                                                                                                                          covers mor than 500
                                                                                                                                                                               ers more                                               positions, including          funds and institutional       banking.                      distributor to an additional   5.8 million Avon sales
                                             search process begins with research:        into the fold for his                        researching their backgrounds,      communication servic
                                                                                                                                                                                munication service                                    executive vice president,     money market funds.           Braswell Nees Group           2,200 stores.                  representatives.
Why Savannah?                                compiling an initial list of possible       experience in the                            interviewing candidates and         providers ser
                                                                                                                                                                               viders serving more                                    chief legal counsel, vice     Braswell Nees Group           work: Completed               Braswell Nees Group            Braswell Nees Group
                                             candidates while working with the hir-      technology and             Chuck Nees        presenting the client with          than 2 billi subscribers,
                                                                                                                                                                                   billion                                            president of human            work: Completed searches      searches for strategic        work: Completed                work: Completed a search
   The Braswell Nees Group has no            ing company to accurately and clearly       telecommunications                           recommended candidates.             and has 90 offices in mor more                              resources, three additional   for president mutual          sourcing director and an      search for chief pension       for a manager in strategic
clients in Savannah. In fact, there are      define the position.                         sectors. He operates out of a New            BNG also helps the client           than 40 c  countries.                                       vice presidents and their     funds division, senior vice   additional manager for        investment officer.            sourcing.
really only two potential clients based         Then candidates are interviewed by       Jersey office.                                create the compensation             Braswel Nees Group
                                                                                                                                                                                 well                                                 direct reports. TriServ has   president general counsel,    strategic sourcing.
in the area.                                 phone, usually by both Braswell and            “We are not retiring anytime soon,”       package, presents the offer to      work: ComCompleted six                                      also signed a contract to     senior vice president                                                                                Source: Company
                                                                                                                                                                                                                                                                                                                                                               information comes from the
   Typically, only large corporations, not   Nees, and references are checked.           Braswell said, adding that he’ll con-        the candidate and negotiates        searches, including                                         do 37 additional searches     corporate communications                                                                    company’s Web site and/or
small businesses, solicit the services of       Many are eliminated from consider-       tinue as long as the work remains            on behalf of its client.            executive v president,
                                                                                                                                                                               cutive vice                                            if TriServ is awarded the     and investor relations and                                                                 other business and financial
                                                                                                                                                                          chief financial offic and
                                                                                                                                                                                            officer                                   Defense Department            three additional corporate                                                                            information sites
an executive search firm. So why base         ation at this stage, while others receive   fun.
such a firm in Savannah?                      the in-person interview treatment              “It is a business that having gray hair                                       five direct repor
                                                                                                                                                                                   ect reports.                                       contract.                     officer positions.
   “We can operate from Puerto Rico,         (often in the well-appointed-yet-com-       pays off,” Nees said.

16 | Wednesday, January 6, 2010                                                                        Business in Savannah | businessinsavannah.com | 912-652-0300                     Business in Savannah | businessinsavannah.com | 912-652-0300                                                                                               Wednesday, January 6, 2010 | 17

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Business in Savannah, Cover Story

  • 1. BiS COVER STORY “We have integrity and confidentiality sewn into our underwear.” — Eugen Nees, on Braswell Nees Group’s reputation gene Braswell Nees Group finds high-level executives who fit BY DARREN MILLER the Bahamas, anywhere really,” Nees fortable “Partners’ Meeting Room” at said. the Oglethorpe headquarters). The home at 107 E. Oglethorpe Ave. For the first time in each of their After an exhaustive process often seems perfectly suited to be a stop on a lives, they chose where they wanted completed in a short period of time, tour of historic homes. to live, rather than having their career they offer the client a menu of three to It doesn’t, however, exude a feeling and employers dictate their place of five candidates, each having been fully one might expect from the headquar- residence. screened and warranting the firm’s ters of a firm national and global cor- “We both independently fell in love recommendation. porations call to find the right person to with Savannah,” Braswell said. “I’ve “No client has ever said, ‘I don’t like fill a high-level executive post. lived all over the world, and Savannah any of them,’” Braswell said. Passers-by won’t see a sign outside — alongside San Francisco — is the “We have never not filled the posi- with the firm’s name. There’s no lobby most beautiful city in the country.” tion we’ve been retained to fill,” Nees with a receptionist. But on any given Nees echoed those sentiments, add- added. day inside this early 19th-century brick ing that his vow to avoid anything but house, the ground-floor office is abuzz direct flights for business-related travel A firm future with activity. quickly fell apart. Someone may be finalizing a posi- In a world of Facebook, LinkedIn, tion description and specifications The smaller the better and countless online résumé/job post- with a client over the phone; searching ing boards, the question arises as to for possible candidates and research- In the past year, the Braswell Nees why an executive search firm would ing their backgrounds; meeting with Group has conducted and successfully be needed. The answer is, for high- a prospective client; or interviewing completed 20 executive searches as level positions at major corporations, a potential chief executive officer at a many of the major firms flounder. the resources and assessment skills major company. Many companies that traditionally such a firm brings to a search can be Stephen Braswell, who also happens used large national recruiting firms invaluable. to reside in this somewhat hidden His- have, in many instances, turned to “We know CEOs and senior execu- toric District gem with his wife, Tena, more boutique outfits, which are tives. We know what’s important to launched Braswell & Associates about able to provide more attention (from them,” Braswell said. 12 years ago. partners rather than junior staff); The executive search business is The decision to start an executive recommend candidates based on changing dramatically, Braswell and search firm came on the heels of a 33- original searches (rather than serving Nees agreed. year career with the Prudential Insur- up previous rejects); deal with a much “It’s much more that just, ‘Go find ance Company. more limited “off-limits” list (companies us a person for us for this position,’” After living in many parts of the at which the firm has placed candidates Braswell said. “That would certainly world throughout his professional life, and can no longer recruit from); and take the fun out of it for us.” Photos by Richard Burkhart/BiS Braswell’s deep Georgia roots eventu- keep the process confidential (so much The Braswell Nees Group wants Eugene Nees, left, and Stephen Braswell have rooted their executive search business in a relationship-driven, person-to-person model. When they can’t meet in person, they use resources such as Skype, an online calling ve ally would bring him and his family to so that there’s no knowledge a search is to do more for its clients than only software, to talk with clients as well as their th partner and Nees’ son, Chuck Nees, in New Jersey. r third Savannah, where he has lived for about even under way). recommend candidates, fill positions a decade. That said, attracting clients starts and get paid. Three years ago, a chance introduc- with developing relationships and Throughout the process, Nees said, THE BRASWELL NEES GROUP tion at a cocktail party altered the expanding networks, Braswell said. they really become a sort of consiglieri course of Braswell & Associates. Nees agreed: “It’s all about who you for the hiring executives. Partners: Stephen Braswell, SAMPLI OF BRASWELL NEES GROUP CLIENTS PLING Enter Eugene Nees. know and who you can get to know.” “They really need to have some- Gene Nees, Chuck Nees Nees, a senior partner at one of the With 65 years of professional experi- one not part of their organization to Location: 107 E. Oglethorpe world’s leading executive search firms ence in various industries, their Rolodex turn to for advice, impressions and Ave., Savannah (along with (based, of course, in Manhattan), and is extensive and being added to regu- feedback,” Braswell said. “You really an office in Summit, N.J.) his wife decided to spend a four-day larly via introductions and referrals. become a confidante, and that’s really Contact: 973-701-6972, Comverse T erse Technology High Point Auto TriServ Alliance (Atlanta Invesco (Atlanta) GMAC Financial Services Supervalu (Eden Prairie, Avon (New York) Inc. (New Y City and York Insurance (Red Bank, and Jacksonville, Fla.) About the company: (Philadelphia) Minn.) About the company: weekend in Savannah. In order to draw on those resources, what makes it fun — that kind of hello@braswellnees.com Tel Aviv Aviv) N.J.) About the company: Invesco Ltd. is one of the About the company: About the company: In Founded in 1886, Avon It was their first visit and they chose their credibility and reputation must interaction.” Web site: About the c company: About the company: Jacksonville-based group largest independent global GMAC is a global financial business for more than Products Inc. is the the city as their destination largely be untarnished. Because the business remains rooted www.braswellnees.com In operation f more for The sixth-largest auto of health plans from eight investment managers services company that a century, SuperValu world’s largest direct seller because he liked the sound of the word “You have to earn the right to make a in a relationship-driven, person-to- than 25 y years, Comverse insurance carrier in New states that formed in April and owns several was founded in 1919. Inc. is the third-largest of beauty and beauty- “Savannah.” Before they left, they made call and have people pick up the phone,” person model, Braswell and Nees are WHAT THEY DO provides softwar and vides software Jersey employs more than 2008 to pursue a six- subsidiaries including Initially formed to provide food retailing company related products. With an offer on a house. He soon cashed out Nees said. confident they will have plenty of work The Braswell Nees Group is systems enabling servic ems services 600 people. year, $24 billion contract Invesco PowerShares automotive finance in the U.S. and ranks $10.7 billion in annual as partner and moved to the Hostess The Braswell Nees Group has done well into the future and might even add an executive search firm that for voice, mess e, messaging, Braswell Nees Group with the Department of Capital Management LLC, products and services to on the Fortune 100 list. revenues in 2008, Avon City. so, Braswell said, by demonstrating research. works with top corporations mobile Internet and mobile work: Completed four Defense to manage the Invesco Trimark, Invesco General Motors dealers SuperValu operates more and its approximately “I had no intention to work again,” sound judgment and appropriate The future of around the world to fill advertising; c converged searches, including government’s TRICARE Perpetual, W.L. Ross and clients, GMAC than 2,500 food and food/ 42,000 associates now Nees said. “Until I met Steve.” sensitivity. the firm, both men high-level positions. The billing and activ active director of human health care program for & Co. and Invesco Aim has since expanded pharmacy combination serve customers in more That meeting, however, sparked the “We have integrity and confidenti- agreed, lies with its process involves assisting the customer m omer management resources, director of the Southern U.S. region. Distributors Inc., which its business to include stores, more than 875 than 100 countries. The growth of Braswell’s one-man shop. A ality sewn into our underwear,” Nees third and newest company with the creation of and IP communic communications. segmentation marketing Braswell Nees Group is the U.S. distributor for mortgage operations, in-store pharmacies, more primary distribution Comverse has cus verse customers and two direct reports. work: Completed Invesco’s retail mutual insurance, commercial than 100 fuel centers and channel is direct- partnership evolved, resulting in the added. partner. Nees’ son, job specifications, searching in more than 130 nat nations, searches for 19 leadership funds, exchange-traded finance and online serves as the primary selling by more than creation of the Braswell Nees Group. After a client contracts the firm, the Chuck, was brought for potential candidates, covers mor than 500 ers more positions, including funds and institutional banking. distributor to an additional 5.8 million Avon sales search process begins with research: into the fold for his researching their backgrounds, communication servic munication service executive vice president, money market funds. Braswell Nees Group 2,200 stores. representatives. Why Savannah? compiling an initial list of possible experience in the interviewing candidates and providers ser viders serving more chief legal counsel, vice Braswell Nees Group work: Completed Braswell Nees Group Braswell Nees Group candidates while working with the hir- technology and Chuck Nees presenting the client with than 2 billi subscribers, billion president of human work: Completed searches searches for strategic work: Completed work: Completed a search The Braswell Nees Group has no ing company to accurately and clearly telecommunications recommended candidates. and has 90 offices in mor more resources, three additional for president mutual sourcing director and an search for chief pension for a manager in strategic clients in Savannah. In fact, there are define the position. sectors. He operates out of a New BNG also helps the client than 40 c countries. vice presidents and their funds division, senior vice additional manager for investment officer. sourcing. really only two potential clients based Then candidates are interviewed by Jersey office. create the compensation Braswel Nees Group well direct reports. TriServ has president general counsel, strategic sourcing. in the area. phone, usually by both Braswell and “We are not retiring anytime soon,” package, presents the offer to work: ComCompleted six also signed a contract to senior vice president Source: Company information comes from the Typically, only large corporations, not Nees, and references are checked. Braswell said, adding that he’ll con- the candidate and negotiates searches, including do 37 additional searches corporate communications company’s Web site and/or small businesses, solicit the services of Many are eliminated from consider- tinue as long as the work remains on behalf of its client. executive v president, cutive vice if TriServ is awarded the and investor relations and other business and financial chief financial offic and officer Defense Department three additional corporate information sites an executive search firm. So why base ation at this stage, while others receive fun. such a firm in Savannah? the in-person interview treatment “It is a business that having gray hair five direct repor ect reports. contract. officer positions. “We can operate from Puerto Rico, (often in the well-appointed-yet-com- pays off,” Nees said. 16 | Wednesday, January 6, 2010 Business in Savannah | businessinsavannah.com | 912-652-0300 Business in Savannah | businessinsavannah.com | 912-652-0300 Wednesday, January 6, 2010 | 17