The Ampersand May 2025
Breaking Up to Break Through
by Adam Pekarsky

Dear Friends and Colleagues,
In case you’re new, here’s a quick recap of what you may have missed. For 15 years, from 2009 through 2023, Pekarsky & Co. quietly but confidently built our reputation, skillfully firing our slingshot at the Goliaths of the executive search community, trying our best to do great work, stay engaged in the city we call home, mentor and develop our tenured team, and generally behave ourselves. Then, in late 2023, we had our mid-life crisis.
Eager to grow and intrigued by the advances of others, we merged our firm with Humanis, a fledgling growth story with roots in my hometown of Edmonton. It seemed like such a good idea at the time, and the story on offer was compelling. For a serially monogamous firm, this was a brave new world for us. Today, 20 months after joining Humanis, I’m writing to let you know that we’re leaving it.
We now find ourselves on a new, though familiar, path. One that allows us to pursue the best alignment for our aspirations and those of our clients. One that honours where we’ve been, reflects what we’ve learned, and points us toward where we’re meant to go next. One that feels, finally, like home.
We are pleased to announce that the Calgary office of Humanis (formerly known as Pekarsky & Co.) is joining forces with Amrop Rosin, a premier executive search firm with deep relationships in boardrooms and C-suites across Canada and around the world. This partnership is the culmination of a nearly 20-year journey—one that began when Jeff Rosin and I first worked together at Korn/Ferry International, he as President of Canada, and I as a Partner in the Calgary office.
With this merger, we have found what we’ve long sought: a world-class firm that is strategically positioned, culturally and ethically aligned, and market-leading in Toronto and beyond—without the bureaucratic sprawl of the global giants (the so-called “SHREK” firms) or the growing pains that come with any new and ambitious venture finding its footing. To paraphrase Bono, we have found what we are looking for.
For the full story—what we’ve learned, where we’re headed, and why it matters—we invite you to read on.
Like a starter marriage, ours with Humanis was a brief, well-intentioned union that, despite the genuine efforts of both sides, ultimately wasn’t built to last. It’s not about failure or fault; it’s about recognizing when a partnership isn’t the right fit and having the good sense to call it a day and the determination to drive on. The usual reaction to such a breakup is typically, “I’m so sorry,” but the real question should be, “Are you happier?” For that is the true measure of whether the decision was the right one – and for total clarity, we are.
Before getting into the story, and I will only share parts, I want to be really clear about something. I write this with no ill will toward our former partners and colleagues in Humanis. It’s just that some kinds of growth come from knowing when to walk away. I choose to believe that in business, as in life, the willingness to reassess, pivot, and realign with what truly matters is a sign of strength, not weakness.
When we joined Pekarsky & Co. with Humanis, we did so with genuine optimism and a shared sense of ambition. The vision was exciting: to bring together complementary strengths, share resources, and create a national firm offering a broad and integrated suite of talent solutions. The idea was to build something greater than the sum of its parts—scale thoughtfully, polish the offering, and, in time, position it for broader growth or acquisition.
As time passed, however, we began to feel a growing disconnect between that vision and the values that had always guided us. The culture, autonomy, and highly personal approach that define our work—rooted in decency, mutual respect, and long-term relationships—struggled to find footing in a model that, however well-intentioned, increasingly emphasized growth metrics over meaning.
Peter Drucker famously said, "Culture eats strategy for breakfast," and our experience affirmed that truth. We saw how, when scale becomes the primary goal, the things that make a firm special—its soul, its people, its purpose—can quietly begin to erode. When a potential buyer appeared early in the journey, eager to acquire the full Humanis platform before it had fully taken shape, we recognized that the foundation simply wasn’t ready to bear that weight. For the Calgary team, it began to feel less like we were building something enduring and more like we were flipping a house.
And so, with respect for those continuing on their path and clarity about what matters most to us, we made the difficult but hopeful decision to step away—not as a retreat to the past, but as a step forward toward the future we had once imagined together.
I believe that success is built on shared values, exceptional client service, and transparent communication. Growth and expansion are admirable, but not if they come at the cost of our core principles. I foreshadowed this concern in the second of three posts about the merger back in late 2023, quoting Spencer Harris from Welcome to Wrexham, who cautioned:
“One of the most important things that you and your leadership team can do, er, the [firm] can’t stay as it was and, well, it won’t stay as it will, because it will change as it grows and as it gets bigger it becomes more difficult, but if you can, and as far as you can, try and keep the personal touch that goes with the growth. Easy to say, difficult to do.”
Difficult, yes—but made easier with like-minded partners in shared pursuit. So, with the same hopefulness and determination that led us into the Humanis partnership, we step away from it. But this isn’t a return to what was—it’s a step forward. We recognize the benefits of a larger platform for our clients and team, but it must be the right platform.
Rather than dusting off the Pekarsky & Co. letterhead, we have consummated the union with Amrop Rosin, a combination nearly two decades in the making. Jeff Rosin and I crossed paths countless times, shared dinners in each other’s cities, and kept in regular touch. When he left Korn/Ferry to start Rosin Executive Search, we were a step closer. It would be another 10 years before we could actually do a deal. Ironically (and expensively) (and frustratingly), mere days after we’d signed with Humanis, Jeff reached out to check in and see if we could finally do something together. Sigh.
We worked hard to bring him into the Humanis firm. The right path isn’t always a straight line; sometimes, it’s a full-circle moment, and this was one. Seventeen years earlier, Jeff had urged me to look past my hesitations about joining Korn/Ferry. Now, the roles were reversed; I was doing the selling. In the end, he ended up not coming to Humanis and I, those many years ago, ended up not staying at Korn/Ferry. Perhaps it was always meant to be that we chart our own path together.
As I told the tale of my curious Korn/Ferry courtship in my book, The Ampersand Chronicles, (now available at Indigo for the low low price of $49.99!):
“Ever gracious, Jeff walked me to a limousine they had arranged to take me to the airport. It was raining very heavily, and Jeff had brought an umbrella for the short walk from the office doors to the curb. Understandable, given the impeccable custom-tailored Italian suit he was wearing. Would hate to get that fabric wet. Except the umbrella wasn’t for Jeff; it was for me. As we stood there in the pouring rain—Jeff’s soaked hand pressed against the car, preventing me from opening the door—he was getting drenched (that suit!), while I remained bone dry under the cover of the umbrella. Over the din of the pounding rain on my makeshift shelter, he was imploring me to join the firm, pleading with either the earnestness of someone who knew we could achieve great things together or the desperation of someone who knew something I didn’t. The answer turned out to be both. I joined the firm two weeks later.”
Clearly Jeff is a better recruiter than me. Whereas I succumbed to his pursuit, he saw in mere moments what took us months to realize with Humanis. Once again, we just couldn’t sync up.
Another excerpt from the book turned out to be a little more prophetic:
“In a chapter called Lessons Lived & Learned, there are lessons about trusting your gut, listening to that little voice we all have, acting with honour, trying your best, facing adversity, and the power we all wield to vote with our feet. In the intervening 15 years since leaving Korn/ Ferry, Jeff and I have remained close friends. And, when he left to start his own firm a few years after my departure, I offered my counsel where I could. To this day we always meet up for dinner or a drink when in each other’s city, and I believe the final chapter of our story has yet to be written.”
Foreshadowing, one could say. At least, and at long last, we are writing that chapter now.
Our motivation in merging with Humanis in 2023 was clear—we wanted to be part of something bigger. Too often, we lost searches to the SHREK firms not because they were better, but because of their sheer size and the illusion of superior reach. We were tired of arguing that since there’s no Bachelor of Recruitment Sciences, where the top firms hire the top grads from the top recruitment schools, it couldn’t possibly be true that those SHREK firms do what we do better than we do it, just because they’re big. No, our thesis was right. We simply chose the wrong partner. Ironic, I know. The shoemaker’s kid.
Our Calgary team has always known that to remain relevant, we needed to be part of something larger, with a meaningful presence in Toronto. By joining Amrop Rosin, we are aligning with a firm that shares our ideals, our commitment to excellence, and our belief in the power of personal relationships. We are proudly Canadian, deeply connected to our communities, and committed to delivering the exceptional service our clients have come to expect.
We think—we know—we got it right this time. The same dedicated team here in the west, amplified by a supremely talented partner in the east, and living under the banner of a beautifully branded and high-functioning global umbrella. The same passion for excellence and a renewed commitment to serving our clients and community. The same soul, with more strength.
To our clients, partners, and friends: thank you for your unwavering support and trust. We’ve taken you on a bit of a journey these past many years. You’ve stuck with us. Your belief in us has been the cornerstone of our resilience, determination and commitment to getting it right. As we embark on this next chapter, we do so with clarity, purpose, and an unshakable commitment to delivering the exceptional service you’ve come to expect and resourcefully unearthing talent that others simply can’t find.
Not every venture unfolds as planned, but with each experience comes growth, insight, and the reaffirmation of what truly matters. We feel our best days are ahead of us. We’re excited about the future and look forward to continuing this journey together, stronger and more dedicated than ever. Over the weeks and months ahead—here, on LinkedIn, over countless cups of coffee and perhaps the occasional glass of wine with clients and friends—you’ll see the return of what made us who we are. Most importantly, our continued commitment to what matters most: relationships, decency, and the belief that when local expertise, personal touch and deep connections are coupled with global strength and collaboration, great things happen. Culture may eat strategy for breakfast, but substance eats scale for supper.
Please have a read of the full press release, check out our new website and follow us on LinkedIn. While the new, new name will be an adjustment, it won’t take long. Like us, we hope you’ll come to love our new and refreshed brand, yet take comfort in knowing it’s the same award-winning, community-minded, fun-loving team. If you have questions, let’s talk. If you have a leadership need, we’d love to help. And if you just want to say hello, our doors—freshly stenciled—are always open.
Regards,
Adam
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