UK/EU | 19th January 2023

Renaissance Leadership - 2022 Round Up

Our insights and reflections on 2022...

2022 was a year of two very distinct halves.

The first half saw increased activity, even on the record levels seen in the previous year, as investment levels in the European Technology sector were up 52% on 2021 (Source: Atomico State of European Tech Report, 2022). Companies were still hiring executive talent, driven by fresh investment and the post-covid catch up. However, the market peaked in June and has been in slowdown since then, driven by market sentiment, macroeconomic headwinds and the
commensurate fall in investment levels.

Investment in European Technology companies should still top $85bn in 2022, albeit that’s a decline of 18% on 2021. European technology companies in the public and private markets have also seen $400bn of value erased from 2021. As a consequence hiring activity has slowed in the second half of 2022, and the outlook for next year is cautious.

At Renaissance we have completed over 80 executive hires this year and have taken this opportunity to sharpen the focus of the business along clear sector and functional lines of service:

Malcolm Kemp heads up the People and Culture Practice, hiring Chief People Officers, HRDs and Talent Leadership for clients and investors.
Sebastian Kayll and John Smith head up the Go-To-Market Practice, providing CROs and Sales Leadership for growth companies in Enterprise Technology, both in the US and across Europe.
Graeme Bilsland leads the Technology and Product Practice, hiring CTOs, CPOs and Engineering Leads.
Holly Welstead leads the Consumer Digital Practice, providing executives across the consumer digital and eCommerce sectors.

Our Practices are supported by experienced in-house research teams in Menlo Park and Marlow.

Once again we would like to thank our clients, investors and candidates for their support during 2022 and we look forward to the New Year.

Tony Willis, Founder and Chairman

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