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Caldwell Expands Global Financial Services and Real Estate Capabilities with Addition of Ben Sturnham as Partner

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Caldwell (TSX:CWL / OTCQX:CWLPF) announced the addition of Ben Sturnham as a Partner in its Financial Services and Real Estate practices, based in London, effective December 3, 2025. Sturnham will advise on board and C-suite recruitment across real estate, financial services, and real estate finance in the UK, Europe, and the Middle East, bringing over two decades of executive search, leadership assessment, and organizational development experience.

The appointment aims to strengthen Caldwell's global capabilities across capital markets and the real estate value chain. Caldwell reiterated its listing on the Toronto Stock Exchange and OTCQX and highlighted linkages with IQTalent and AI-enabled recruiting services.

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News Market Reaction

%
1 alert
% News Effect

On the day this news was published, CWLPF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $0.7100 Vol: Volume 12,800 is 0.57x th...
low vol
$0.7100 Last Close
Volume Volume 12,800 is 0.57x the 20-day average of 22,552, indicating subdued trading interest ahead of this announcement. low
Technical Shares at 0.755 are trading above the 200-day MA of 0.65, showing a pre-existing upward bias.

Peers on Argus

Sector peers were mixed, with names like TREP down 15.13% and SQLLW down 11.75%,...

Sector peers were mixed, with names like TREP down 15.13% and SQLLW down 11.75%, while others such as RLBY and FTRS were flat. Caldwell’s slight 0.28% gain appears stock-specific rather than part of a broad sector move.

Historical Context

5 past events · Latest: Dec 03 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 03 Partner appointment Positive +0.0% London partner added to strengthen financial services and real estate coverage.
Nov 20 Earnings & dividend Positive +18.4% Stronger Q4/FY revenues and a higher dividend with ongoing share repurchases.
Nov 04 New practice launch Positive -1.0% Launch of Sports & Entertainment Practice targeting investment-focused clients.
Oct 01 Partner appointment Positive -0.1% Technology Practice expansion via new London partner focused on tech and AI roles.
Jul 09 Quarterly earnings Neutral +0.0% Mixed Q3 results with lower earnings but solid cash and a declared dividend.
Pattern Detected

Strategic expansion and practice launch news often saw muted or contrarian short-term price reactions, while stronger earnings and dividend actions aligned with positive moves.

Recent Company History

Over the past six months, Caldwell has combined strategic hiring with financial progress. The company reported Q3 2025 results on Jul 09, showing mixed trends but maintaining strong cash, then Q4 and full-year results on Nov 20 with higher revenues and an increased dividend, prompting a 18.37% gain. It also expanded its Technology Practice on Oct 01 and launched a Sports & Entertainment Practice on Nov 04, both with minimal price impact. Today’s London-based partner addition continues this theme of global practice expansion.

Market Pulse Summary

This announcement highlights Caldwell’s continued build-out of its Financial Services and Real Estat...
Analysis

This announcement highlights Caldwell’s continued build-out of its Financial Services and Real Estate practices through a London-based partner with over two decades of executive search experience. In recent months, the firm also reported stronger Q4 and full-year revenues and increased its dividend, while launching new practice areas such as Sports & Entertainment and Technology. Investors may track how these leadership hires translate into fee growth and whether future earnings and dividend decisions mirror the positive trends seen on Nov 20.

Key Terms

REITs, sovereign wealth funds
2 terms
REITs financial
"Sturnham's experience spans private equity firms, REITs, sovereign wealth funds"
REITs, or real estate investment trusts, are companies that own and operate income-producing properties—like apartments, shopping centers, offices, warehouses, or cell towers—and share the rental profits with investors in the form of dividends. Think of a REIT as a mutual fund for real estate: it lets investors buy a small piece of many properties without managing buildings themselves, providing regular income, portfolio diversification, and an easier way to invest in property through public markets.
sovereign wealth funds financial
"experience spans private equity firms, REITs, sovereign wealth funds, housebuilders"
Sovereign wealth funds are large pools of money managed by a country's government, often built from profits earned from natural resources or other national revenues. They invest these funds in global markets to help secure the country's future financial stability and growth. For investors, these funds can influence markets because they have significant resources and long-term investment strategies.

AI-generated analysis. Not financial advice.

LONDON, UK AND TORONTO, ON / ACCESS Newswire / December 3, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the addition of Ben Sturnham as a Partner in the firm's Financial Services and Real Estate practices. Based in London, Sturnham advises clients on board and C-suite recruitment across the full breadth of the real estate, financial services, and real estate finance sectors in the UK, Europe, and the Middle East. With more than two decades of global experience in executive search, leadership assessment, and organizational development, Sturnham is known for helping investors, lenders, and operators build high-performing leadership teams.

London-based Partner Ben Sturnham strengthens Caldwell's global Financial Services and Real Estate practices

"Ben is a deeply respected search professional whose insight, credibility, and sector knowledge make him an exceptional advisor to clients across the financial services and real estate capital ecosystem," said Glenn Buggy and Paul Heller, global managing partners of Caldwell's Financial Services Practice. "His appointment meaningfully strengthens the connective tissue between our practices and expands our ability to support clients across global markets. We are very pleased to welcome him."

Sturnham's experience spans private equity firms, REITs, sovereign wealth funds, housebuilders, institutional investors, investment banks, and real estate advisory platforms. His work covers the entire real estate value chain, including capital raising, investment management, development, operations, and asset optimization across residential, hospitality, commercial, retail, industrial, and mixed-use sectors. Prior to joining Caldwell, he was a senior client partner in the real estate practice of a global executive search firm and earlier helped build the real estate division of an Australian executive search boutique. He began his professional career as a rugby player, representing Saracens, Bath, and England at the international level.

Sturnham is a long-standing member of The King's Trust Built Environment Leadership Group and actively supports several charitable initiatives.

"This is an important addition to Caldwell as we continue to grow our platform and expand our capability across both financial services and real estate," said Chris Beck, chief executive officer. "Ben's understanding of the full real estate lifecycle, capital markets dynamics, and the investment landscape will further enhance our ability to help clients design and build extraordinary leadership teams who change the world."

​​About Caldwell

Caldwell is a leading retained executive search firm connecting clients with transformational talent. Together with IQTalent, we are a technology-powered talent acquisition firm specializing in recruitment at all levels. Through the two distinct brands - Caldwell and IQTalent- the firm leverages the latest innovations in AI to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.

Caldwell's common shares are listed on The Toronto Stock Exchange (TSX:CWL) and trade on the OTCQX Market (OTCQX:CWLPF). Please visit our website at www.caldwell.com for further information.

For further information, please contact:

Caroline Lomot
Vice President, Marketing & Communications
Caldwell
clomot@caldwell.com
+1 516 830 3535

SOURCE: Caldwell Partners International, Inc.



View the original press release on ACCESS Newswire

FAQ

Who is Ben Sturnham and what role did he accept at Caldwell (CWLPF) on December 3, 2025?

Ben Sturnham joined Caldwell as a Partner in the Financial Services and Real Estate practices, based in London.

What regions and sectors will Ben Sturnham cover for Caldwell (CWLPF)?

He will advise clients across the UK, Europe, and the Middle East on real estate, financial services, and real estate finance roles.

How much experience does Ben Sturnham bring to Caldwell (CWLPF)?

Sturnham brings more than two decades of global experience in executive search, leadership assessment, and organizational development.

How does Caldwell (CWLPF) describe the strategic impact of hiring Ben Sturnham?

Caldwell said the hire strengthens connective tissue between its Financial Services and Real Estate practices and expands global client support.

Where are Caldwell shares listed and how can investors find more information about Caldwell (CWLPF)?

Caldwell common shares trade on the Toronto Stock Exchange (CWL) and OTCQX (CWLPF); more information is available at www.caldwell.com.
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