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    Boyden Executive Monitor Reveals Companies Elevating Chief Digital Officers to Lead Transformation


    NEW YORK and LONDON, Aug. 31, 2015 (GLOBE NEWSWIRE) -- Organizations
    are hiring and elevating Chief Digital Officers (CDOs) to forge new
    initiatives and digital strategies, build market share, and challenge
    the status quo, according to the quarterly Executive Monitor released
    today by Boyden Global Executive Search.

    A photo accompanying this release is available at
    http://www.globenewswire.com/newsroom/prs/?pkgid=35647.

    "A CDO is a digitally savvy, business-driven leader who has what it
    takes to transform a traditional business into a data-driven company,"
    said Pierre Fouques Duparc, Leader of Boyden's Global Technology
    Practice and Managing Partner, Boyden France. "They combine marketing
    and management experience with technical know-how and strategic vision
    to align and improve business operations across the enterprise."

    The report covers the prioritization of CDOs and their teams in talent
    acquisition, challenges in terms of upgrading and integrating digital
    platforms, cybersecurity and data protection. The Executive Monitor
    also looks at C-suite sentiment on CDO hiring, expected CDO trends, and
    key related developments in big data, cloud, mobile, the Internet of
    Things, 3D printing and drones.

    "The best Chief Digital Officers are curious, flexible, adaptable, have
    a view into the future, and are at ease in a change environment," said
    Roger T. Duguay, Managing Partner, Boyden Montreal. "For many
    companies, CDOs are also effectively taking on the role of Chief
    Transformation Officer, with the goal of challenging the status quo and
    taking the business to the next level. Our clients want CDOs who bring
    fresh insight and know what needs to be done, even if they have never
    done it before."

    The new report from Boyden also focuses on the following topics
    affecting CDO and digital team hiring:


      -- CDOs as leaders of organizational initiatives as well as development of
         digital products and services
      -- Role of CEOs in driving digitalization
      -- CDOs as the key partner of Chief Information Officers and Chief Marketing
         Officers
      -- Unexpected growth of CDOs in the public sector and government
      -- Accelerated hiring of CDOs with economic recovery




    "The CDO's new charter is a larger role, which includes guiding and
    navigating the organization through the storm of digital
    transformation," explained Dinesh Mirchandani, Managing Partner, Boyden
    India and Global Board Member, Association of Executive Search
    Consultants. "The CDO's new role allows the CMO to continue with the
    core task of ensuring a healthy presence in markets, while the CIO
    remains in charge of managing enterprise IT. When the CDO, CMO and CIO
    work together as a team, the organization will emerge wiser and
    stronger than before."

    "Clients are engaging us in more and more Chief Digital Officer roles,
    which are often better driven by the CIO rather than the CMO," added
    Vicky Maxwell Davies, Partner, Boyden UK. "CIOs understand the business
    model, big program delivery and big transformation, which includes data
    and cybersecurity. Thus, if you're among the top five percent of CIOs,
    you're among the best candidates for CDO positions."

    The full Boyden Executive Monitor report is available at
    www.boyden.com.

    About Boyden World Corporation

    Boyden is a global leader in retained executive search and talent
    advisory services with more than 70 offices in over 40 countries.
    Founded in 1946, Boyden specializes in senior executive search, interim
    management and human capital consulting across a broad spectrum of
    markets and sectors. For further information, please visit
    www.boyden.com.

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