In 1998, Jeff Ketchum founded Truck and Bus Executive Search, Inc., a division of Lordstone Corporation with a $10,000 loan and within the first 30 days of being in business, the firm was profitable. Furthermore, within 4 months, Truck and Bus Executive Search, Inc., a division of Lordstone Corporation was debt free. In 2001 the firm transitioned its focus to working at senior levels of management and began marketing its services internationally. These two decisions proved to be profitable for the firm, especially in the years 2007-2009 as more than 50% of the firms competition ceased to exist.

As of September 2008, Truck and Bus Executive Search's president was one of 25 people in the world certified by the Association of Executive Search Consultants (AESC), an organization recognized by the United States Government and the European Commission as the representative body for the retained executive search industry. The CRA designation represents evidence of the highest standards of search excellence and adherence to the ethical canons of the profession. Less than 1% of all executive recruiters have achieved this level of performance.