Tag: Glassdoor

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Job Review Site Glassdoor Names New CEO

Employer review and jobs site Glassdoor named Christian Sutherland-Wong as its new chief executive officer on Monday, Aug. 26. Current Glassdoor CEO and co-founder Robert Hohman will step down but remain with the company as chairman. Both appointments will be effective on Jan. 6, 2020.

Christian Sutherland-Wong, incoming CEO, Glassdoor.

Sutherland-Wong was named Glassdoor president in early 2019 and appointed as the company’s COO in February 2018, overseeing day-to-day operations, strategy and business for Glassdoor. He joined the company in 2015 as vice president and general manager of monetization. Prior to Glassdoor, Sutherland-Wong was LinkedIn’s director of product, managing its premium subscription business, payment platform and API program. He also worked at Bain & Company.

“I am honored and thrilled to lead Glassdoor into our next chapter as we remain focused on achieving our mission of helping people everywhere find a job and company they love,” Sutherland-Wong said in a press release announcing his promotion. “My vision is to build on Glassdoor’s excellence, as a business and as an employer, that Robert has established over the past 12 years.”

Hohman co-founded Glassdoor in 2007 and launched it online in 2008. Employees and job candidates use the site to anonymously post reviews of employers, rate their CEO, share salary information and disclose interview questions. As of 2018, the company reported 59 million unique users per month and 7,000 corporate customers that pay to post job openings and use the company’s employer branding products.

Also read: Recruit Holdings to Acquire Glassdoor

In 2018, Glassdoor was purchased by Japan-based Recruit Holdings for $1.2 billion. Recruit Holdings is also the owner of jobs aggregator Indeed, which it acquired in 2012, as well as job search engine Simply Hired, bought in 2016.

 

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Recruit Holdings to Acquire Glassdoor Inc.

Company-review website Glassdoor Inc. will be acquired by Recruit Holdings Co. for $1.2 billion in cash, further extending Recruit’s global reach. The deal is expected to close this summer, subject to regulatory approvals and closing conditions, according to a Glassdoor press release.

Launched in 2008, Glassdoor is best known for giving users the opportunity to anonymously review their workplace. The San Francisco Bay Area-based company has around 59 million users each month and has accumulated data on more than 770,000 companies worldwide. Japan-based Recruit, an HR technology and staffing services company, employs more than 45,000 people in more than 60 countries.

This move is seen as a benefit and opportunity for growth on both sides.

“Joining with Recruit allows Glassdoor to accelerate its innovation and growth to help job seekers find a job and company they love, while also helping employers hire quality candidates,” said Robert Hohman, Glassdoor CEO and co-founder, in a statement.

“Glassdoor is an impressive company with strong leadership, mission, products, clients and employees. We are excited to help them continue to grow and deliver value to the job seekers and employers they serve,” said Hisayuki Idekoba, COO of Recruit and head of its technology segment, in a statement.

Hohman will continue to lead Glassdoor. Recruit plans to operate Glassdoor as a separate part of the HR business segment.

Also listen to Editor-in-chief Mike Prokopeak and Senior Editor Lauren Dixon speak more about the Glassdoor acquisition:

Recruit previously acquired well-known workplace site Indeed. The collaboration of these two job sites will help the company “meet challenges faced by both job seekers and employers,” according to a Recruit statement.

“I look forward to leading Glassdoor through this exciting new chapter, and to exploring way to use our combined resources and assets to benefit job seekers, employees and employers once the deal closes,” Hohman said in a statement.

Aysha Ashley Househ is a Workforce intern. Comment below or email editors@workforce.com.