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Spencer Stuart: LatAm Growth

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Spencer Stuart boosts revenues in South America and helps cope with the changes in management requirements.

BY CHRONICLE STAFF

Ignacio Marseillan is bullish. As managing director of South America for U.S.-based search firm Spencer Stuart he has seen strong growth the past year and expects another double-digit increase this year.

"The market is very active, not only because of the economic growth of the region but also [the] structure of [the] industry," he says. "People are changing; new investments are coming [with] new executives for different investments."

He expects to post 20 percent revenues growth in South America this year, following 30 percent last year and the previous two years. Privately-held...

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