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Quick Take: New CEOs Need Digital Knowledge

Stocks in this article: MWW LNKD

NEW YORK ( TheStreet) -- TheStreet's Gregg Greenberg spoke to Brian Sullivan, CEO of CTPartners (CTP) about the new work environment for top-level executives.

While Monster Worldwide (MWW) focuses on job searching and LinkedIn (LNKD) on the social business connection, CTPartners varies slightly.

Although the first two companies do link potential employers and employees, CTPartners specializes in the "C-level" business candidates, meaning it digs deep on higher-level management and focuses on recruitment, Sullivan said.

Sullivan insists his company has always prided itself on the amount of research and background checking it does on potential employees. It helps with the entire hiring process, too, even helping the new candidate get situated in his or her new work environment.

Greenberg wondered if there was less desire from candidates to become a CEO due to the increased pressure, but Sullivan said this is not the case.

"At the end of the day, capitalists still want to get out there, put themselves on the line and do what's right for America, do what's right for shareholders and do what's right for employees," he said.

The only caveat? The scrutiny and expectations are at all-time highs. However, according to Sullivan, those with knowledge of the digital space will have an upper hand.

"Over the last 18 months the whole digital phenomenon has been increasing at an increasing pace," he added. The demand continues to climb for executives who can increase sales at a more efficient rate and still maintain profitability, he concluded.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Rocco Pendola's Weekly Options Newsletter. Focuses on short- to intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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