ACCUR Recruiting Services works in San Francisco, the Bay Area and the Wine Region of California to deliver qualified executive talent in the following industries:
- Wines and spirits
- Luxury Goods
- Hospitality and Tourism
Trends in Executive Recruiting in the Bay Area in 2022
Our experience in executive recruiting in the Bay Area and Wine Country in the past year has exposed us to a number of unique hiring challenges including:
- Working with venture-backed companies to find growth-minded executives on a tight timetable
- Helping traditional businesses in wines and spirits navigate making more digitally savvy hires
- Seeing the impact of technical advances in all of our work
We are keeping an eye on all of these trends in hiring across the country.
How Tech Intersects with Wines and Spirits in the Bay Area
The Wines & Spirits industry is highly regulated but nonetheless is an interesting category for digital innovation. Consider the following players:
- New market players like Drizly work with local shops to deliver spirits, beer and wine straight to the door of a consumer, serving as both a boon in COVID times and also an asset to small businesses looking for a new distribution channel.
- Wine.com partners with retail locations like Walgreens and FedEx for wine pickup sites.
- Winc is a “wine of the month” club that promises tasty selections in exchange for recurring revenue.
Whereas traditional alcohol distribution was highly reliant on relationships between key account managers, brand managers and their sales territories, in this post COVID age, new alcohol delivery startups will need to recruit professionals who have plenty of industry experiences as well as the wherewithal to adapt their work styles to a more digital friendly medium. We are often asked by our Bay Area clients to help them bridge that divide.
The Role of Private Equity & Venture Capital in the Bay Area
Many of our clients in the Bay Area are in private equity-backed companies are looking for rapid results from financially-minded candidates who can also quickly adapt the unique reporting structure of working with a venture-back firm.
They are looking for candidates who:
- At a stable part of their career.
- Capable of turning a company around or boosting revenue at a company at a key stage of growth.
- Experienced in similar companies.
- Open to tying their compensation to the growth they are able to spearhead.
Further, in terms of the Wines & Spirits companies we work with, we are sometimes tasked with assisting in the scaling or evolution of a family-run business.
The Unique Executive Skillsets Needed for the Bay Area
- Digital savvy: We see continued high demand for digital and e-commerce professionals in the Bay Area who have a high degree of expertise in “customer acquisition” and retention strategies.
- Growth mindset: We can trace the roots of the Chief Revenue Officer in startup and tech culture thanks to growth-focused companies like Uber and Tesla. Startup culture has brought a number of ideas into the business mainstream, such as rapid iteration, minimum viable product and “growth hacking.” All of these innovations are focused on one thing: getting the maximum possible value out of an idea on a short timetable.
- Regulation friendly: As in cannabis and tobacco, regulation is major part of the wine & spirits market, requiring executives who are adaptable and resourceful in the face of sometimes daunting legal restrictions. But for the most creative wine & spirits professionals, opportunity abounds.
Are you looking for qualified executive talent in the Bay Area?
Contact us for help.
Edouard Thoumyre is a seasoned executive recruiter with over 17 years of experience in executive search, as the Founder and Managing Partner of ACCUR Recruiting Services. Specializing in the Consumer and Luxury Goods industries, he has a proven track record of placing senior level and C-level executives in family, private equity-backed, and Fortune 500 companies in the beauty, wine & spirits, watch & jewelry, home goods, and tobacco industries, among others. Edouard Thoumyre holds a master’s degree in Entrepreneurship from HEC Paris (#1 European Business School, Financial Times rankings) and a master’s degree in industrial engineering from Centrale Lille (a top 10 French engineering school). ACCUR Recruiting Services has been recognized as a Forbes Top 100 executive search firm since 2018.
Edouard Thoumyre and his firm, ACCUR Recruiting Services, have been featured in numerous publications such as WWD, Business Insider, Newsweek, CPG Specialist, Yahoo Finance, Nasdaq.com, Marketplace by NPR, Business of Fashion…