Universities spend big to find top job candidates

By Jerome R. Stockfisch. It’s common in the private sector for a major company to turn to an executive search firm when it’s time to fill a high-profile vacancy.
In what is now the big-money world of academia and college athletics, school administrators are turning to outside firms to nab top talent, too.
With millions of dollars at stake – not necessarily in corporate profits, but ticket sales, TV contracts, research dollars and alumni support – local universities are borrowing the corporate model and have spent hundreds of thousands of dollars recently filling corner offices. More...