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True Announces Strategic Leadership Changes to Emphasize Venture Capital Expertise and Drive Adoption of Platform Services

Reported by Businesswire
Jul 18, 2023· 2 min read
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Key Takeaways
  • • True announced leadership changes on July 18, 2023 aimed at reinforcing its venture capital capabilities and highlighting its platform services, according to a Business Wire release.
  • • Shawn Thorne, previously co-general manager, Americas, at True Search, was named managing director of the Venture Capital practice.
  • • Josh Withers, co-founder of True and host of the TrueBuilders podcast, was appointed General Manager, Platform and North America Search Operations.
  • • True's global partners have placed 3,000 executives at North American VC funds and portfolio companies since 2020 and built executive teams for over 260 companies that exited at valuations from $100 million to over $1 billion in the same period.
Summary
True, which describes itself as a global platform of talent management products and services, announced key leadership changes on July 18, 2023, intended to strengthen its venture capital capabilities and promote its platform services to clients, according to a Business Wire release from Haddonfield, New Jersey.

Shawn Thorne will become managing director of the Venture Capital practice. Previously co-general manager, Americas, he led significant growth and a restructuring at True Search. Thorne said True's global presence and range of specializations position it to connect entrepreneurial talent with company builders from the earliest stages through IPO.

Josh Withers, co-founder of True and host of the TrueBuilders podcast, will continue as managing director of the True Platform and has also been appointed General Manager, Platform and North America Search Operations. In that role he will lead the True Search functional practices, search operations and client services team, with a stated focus on driving adoption of True products and services and improving the client and candidate experience across the platform.

The release says True's global partners have placed 3,000 executives at North American VC funds and their portfolio companies since 2020, and have built executive teams for more than 260 companies that exited at values ranging from $100 million to over $1 billion over the same period.

The True Platform comprises True Search (retained executive search), TrueBridge (advisory, interim and fractional executive placement), Thrive (talent CRM software) and Synthesis (leadership assessment and development tools). The company also operates AboveBoard and Jopwell for diversity and inclusion goals and backs companies through True Equity and Vera Equity.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Businesswire True Announces Strategic Leadership Changes to Emphasize Venture Capital Expertise and Drive Adoption of Platform Services