Changes
→Firm Timeline: lower case style
{{Multiple issues|
{{COI|date=April 2016}}
{{advert|date=April 2011}}
}}
{{Infobox company
| name = Heidrick & Struggles International Incorporated
| logo = Heidrick_&_Struggles_Corporate_Logo.svg
| logo_size = 250px
| type = [[Public company|Public]]
| traded_as = {{NASDAQ|HSII}}<br>[[S&P 600|S&P 600 Component]]
| industry = [[Executive Search]], Leadership Consulting & Culture Shaping
| key_people = [[Gardner Heidrick]], Founder<br>[[John Struggles]], Founder<br>[[Krishnan Rajagopalan]], CEO<br>[[Tracy R. Wolstencroft]], Chairman<br> [[Gerard Roche]], Former Senior Chairman
| revenue = {{profit}} [[United States Dollar|US $]]494.29 million (2014)
| net_income = {{profit}} [[United States Dollar|US $]]6.80 million (2014)
| num_employees = 1,548 (2015)
| foundation = [[Chicago, Illinois]] (1953)
| location = [[Willis Tower]]<br>[[Chicago, Illinois]], United States
| homepage = [http://www.heidrick.com/ www.heidrick.com]
}}
'''Heidrick & Struggles International Incorporated''' is an international recruitment firm headquartered in [[Chicago]], [[Illinois]], United States. In addition to its executive search practice, the firm also has a consulting practice focused on leadership and shaping corporate culture.
==History==
Heidrick & Struggles was founded in 1953 by Gardner Heidrick and John E. Struggles, both former employees of the management consulting firm [[Booz Allen Hamilton]]. Heidrick recruited Struggles, who previously worked as a personnel manager for [[Montgomery Ward]], as his partner in the new venture establishing their presence in Chicago. The partnership heralded the beginning of one of the first executive search firms in the United States.<ref>{{Cite web|title = Who We Are Continued {{!}} Heidrick & Struggles|url = http://www.heidrick.com/Who-We-Are/Who-We-Are-Continued|website = www.heidrick.com|accessdate = 2015-12-03}}</ref> Their first three clients were West Virginia Coal & Coke Corporation, [[Northern Trust]] and [[Continental Can Company|Continental Can]].
Heidrick & Struggles served as a launching pad for many top companies in the modern executive search industry. In Spring of 1955, Heidrick & Struggles hired Spencer Stuart, who would eventually leave to start his own executive search firm, [[Spencer Stuart]].
In 1957, Heidrick & Struggles began expanding outside of the Midwest across the United States and onto both coasts with offices in [[Los Angeles]], [[San Francisco]] and [[New York City]]. In 1968, the firm officially became an international provider by establishing an office in [[London]]. The firm has gone on to expand globally with more than 50 offices in six continents.<ref>{{Cite book|title = Headhunters and How to Use Them: A Guide for Organisations and Individuals|url = https://books.google.com/books?id=wCCqaDKu7T4C|publisher = John Wiley & Sons|date = 2005-04-01|isbn = 9781861977342|first = Nancy Garrison|last = Jenn}}</ref>
In 2014, Heidrick & Struggles International named Tracy R. Wolstencroft as President and Chief Executive Officer. Wolstencroft, who was also named to the Heidrick & Struggles Board of Directors, came to the firm after serving a 25-year career at [[Goldman Sachs|Goldman, Sachs & Co]]. where he was a partner from 1994 – 2010.
In 2017, Tracy Wolstencroft was named Chairman and Krishnan Rajagopalan was named the new Chief Executive Officer. Krishnan serves on the Board of Directors and also leads the firm’s Management Committee.
== Recent acquisitions ==
* In December 2012, Heidrick & Struggles acquired Senn Delaney, a leading firm in corporate culture shaping. The acquisition was part of a strategy to build a [[professional services]] firm focused on serving the leadership of top international organizations. The purchase closed with an acquisition cost of $53.3 million.<ref>{{Cite web|title = Heidrick & Struggles Acquires Senn Delaney, the Leading Corporate Culture-Shaping Consulting Firm|url = http://globenewswire.com/news-release/2013/01/02/514327/10016892/en/Heidrick-Struggles-Acquires-Senn-Delaney-the-Leading-Corporate-Culture-Shaping-Consulting-Firm.html|website = GlobeNewswire News Room|accessdate = 2015-12-03|language = en-US}}</ref>
* In October 2015, Heidrick & Struggles acquired London-based leadership consultancy Co Company. Co Company Chairman Colin Price joined Heidrick & Struggles as Executive Vice President leading its leadership consulting practice.<ref>{{cite web |title=Heidrick & Struggles Acquires Strategic Advisory Firm To Strengthen Global Leadership Consulting Expertise |url=https://www.prnewswire.com/news-releases/heidrick--struggles-acquires-strategic-advisory-firm-to-strengthen-global-leadership-consulting-expertise-300153865.html |publisher=PR Newswire |accessdate=12 September 2018}}</ref>
== Firm timeline ==
1953 – Gardner Heidrick & John E. Struggles partner to establish Heidrick & Struggles
1954 – Heidrick & Struggles land its first client, the West Virginia Coal and Coke Company
1968 – Opening of the Heidrick & Struggles London office
1974 – European firm expansion with the opening of offices in [[Frankfurt]] & [[Paris]]
1979 – Firm establishes a presence in Asia with an office in [[Hong Kong]]
1982 – Gardner Heidrick retires after 29-years with the firm
1986 – John E. Struggles retires after 33-years with the firm
1999 – Heidrick & Struggles International becomes a publicly traded company on the [[NASDAQ]]
2008 – Heidrick & Struggles becomes a strategic partner of The [[World Economic Forum]]
2012 – Acquires corporate culture-shaping firm Senn Delaney
2013 – Rings the bell on the NASDAQ in recognition of the firm’s 60th anniversary
2014 – Names Tracy Wolstencroft as President and CEO
2015 – Acquires London-based leadership consulting firm Co Company
Feb 2016 - Acquires Decision Strategies International (DSI), a leadership advisory firm
Aug 2016 - Acquires JCA Group, a London-based executive search advisory firm.
Apr 2017 - Tracy Wolstencroft named Chairman and Krishnan Rajagopalan is the new CEO
== Notable placements ==
* Bob Goldberg - CEO of the National Association of Realtors® <ref>{{Cite web|url=http://www.prnewswire.com/news-releases/bob-goldberg-named-next-ceo-of-national-association-of-realtors-300479123.html|title=Bob Goldberg Named Next CEO of National Association of Realtors®|last=Realtors|first=National Association of|website=www.prnewswire.com|language=en|access-date=2017-07-13}}</ref>(2017)
* Ken MacKenzie - Board Chairman of BHP Billiton Ltd. (2017)<ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2017-06-15/bhp-names-ken-mackenzie-as-chairman-amid-activist-challenges|title=BHP Names Ken MacKenzie as Chairman Amid Activist Challenges|date=2017-06-15|work=Bloomberg.com|access-date=2017-07-19}}</ref>
* Mohamad Ali - President & CEO of Carbonite, Inc. (2015)<ref>{{Cite web|title = Heidrick & Struggles Places President and CEO at Carbonite {{!}} Hunt Scanlon Media|url = http://huntscanlon.com/heidrick-struggles-places-president-and-ceo-at-carbonite/|website = Hunt Scanlon Media|accessdate = 2015-12-03|language = en-US}}</ref>
* [[Satya Nadella]] - CEO of [[Microsoft]] (2014)<ref>{{Cite web|url = http://readwrite.com/2014/02/04/satya-nadella-microsoft-ceo-bill-gates-out-chairman|title = Satya Nadella is Microsoft's New CEO|date = |accessdate = |website = Read, Write, Web|publisher = |last = |first = }}</ref>
* Robert Douglas Lawler - CEO & Member of Board of Directors of Chesapeake Energy Corp. (2013)<ref>{{Cite web|url=http://www.rttnews.com/2121425/chesapeake-energy-names-anadarko-executive-robert-douglas-lawler-as-ceo.aspx|title=Chesapeake Energy Names Anadarko Executive Robert Douglas Lawler As CEO|website=RTTNews|access-date=2017-07-19}}</ref>
* Charles E. "Ed" Haldeman, Jr., - CEO of [[Freddie Mac]] (2009)
* Bruce Witherell - COO of [[Freddie Mac]] (2009)
* [[Eric Schmidt]] - CEO of Google (2001)<ref name="McGeehan">{{cite news|last1=McGeehan|first1=Patrick|title=Openers: Suits; Google's Trickle-Down|url=https://query.nytimes.com/gst/fullpage.html?res=9A07E0D9113EF934A25757C0A9639C8B63|accessdate=7 December 2016|publisher=The New York Times|date=April 17, 2005}}</ref>
== References ==
<references />
{{Executive search firms}}
{{DEFAULTSORT:Heidrick and Struggles}}
[[Category:Executive search firms]]
[[Category:Business services companies established in 1953]]
[[Category:1953 establishments in Illinois]]
{{COI|date=April 2016}}
{{advert|date=April 2011}}
}}
{{Infobox company
| name = Heidrick & Struggles International Incorporated
| logo = Heidrick_&_Struggles_Corporate_Logo.svg
| logo_size = 250px
| type = [[Public company|Public]]
| traded_as = {{NASDAQ|HSII}}<br>[[S&P 600|S&P 600 Component]]
| industry = [[Executive Search]], Leadership Consulting & Culture Shaping
| key_people = [[Gardner Heidrick]], Founder<br>[[John Struggles]], Founder<br>[[Krishnan Rajagopalan]], CEO<br>[[Tracy R. Wolstencroft]], Chairman<br> [[Gerard Roche]], Former Senior Chairman
| revenue = {{profit}} [[United States Dollar|US $]]494.29 million (2014)
| net_income = {{profit}} [[United States Dollar|US $]]6.80 million (2014)
| num_employees = 1,548 (2015)
| foundation = [[Chicago, Illinois]] (1953)
| location = [[Willis Tower]]<br>[[Chicago, Illinois]], United States
| homepage = [http://www.heidrick.com/ www.heidrick.com]
}}
'''Heidrick & Struggles International Incorporated''' is an international recruitment firm headquartered in [[Chicago]], [[Illinois]], United States. In addition to its executive search practice, the firm also has a consulting practice focused on leadership and shaping corporate culture.
==History==
Heidrick & Struggles was founded in 1953 by Gardner Heidrick and John E. Struggles, both former employees of the management consulting firm [[Booz Allen Hamilton]]. Heidrick recruited Struggles, who previously worked as a personnel manager for [[Montgomery Ward]], as his partner in the new venture establishing their presence in Chicago. The partnership heralded the beginning of one of the first executive search firms in the United States.<ref>{{Cite web|title = Who We Are Continued {{!}} Heidrick & Struggles|url = http://www.heidrick.com/Who-We-Are/Who-We-Are-Continued|website = www.heidrick.com|accessdate = 2015-12-03}}</ref> Their first three clients were West Virginia Coal & Coke Corporation, [[Northern Trust]] and [[Continental Can Company|Continental Can]].
Heidrick & Struggles served as a launching pad for many top companies in the modern executive search industry. In Spring of 1955, Heidrick & Struggles hired Spencer Stuart, who would eventually leave to start his own executive search firm, [[Spencer Stuart]].
In 1957, Heidrick & Struggles began expanding outside of the Midwest across the United States and onto both coasts with offices in [[Los Angeles]], [[San Francisco]] and [[New York City]]. In 1968, the firm officially became an international provider by establishing an office in [[London]]. The firm has gone on to expand globally with more than 50 offices in six continents.<ref>{{Cite book|title = Headhunters and How to Use Them: A Guide for Organisations and Individuals|url = https://books.google.com/books?id=wCCqaDKu7T4C|publisher = John Wiley & Sons|date = 2005-04-01|isbn = 9781861977342|first = Nancy Garrison|last = Jenn}}</ref>
In 2014, Heidrick & Struggles International named Tracy R. Wolstencroft as President and Chief Executive Officer. Wolstencroft, who was also named to the Heidrick & Struggles Board of Directors, came to the firm after serving a 25-year career at [[Goldman Sachs|Goldman, Sachs & Co]]. where he was a partner from 1994 – 2010.
In 2017, Tracy Wolstencroft was named Chairman and Krishnan Rajagopalan was named the new Chief Executive Officer. Krishnan serves on the Board of Directors and also leads the firm’s Management Committee.
== Recent acquisitions ==
* In December 2012, Heidrick & Struggles acquired Senn Delaney, a leading firm in corporate culture shaping. The acquisition was part of a strategy to build a [[professional services]] firm focused on serving the leadership of top international organizations. The purchase closed with an acquisition cost of $53.3 million.<ref>{{Cite web|title = Heidrick & Struggles Acquires Senn Delaney, the Leading Corporate Culture-Shaping Consulting Firm|url = http://globenewswire.com/news-release/2013/01/02/514327/10016892/en/Heidrick-Struggles-Acquires-Senn-Delaney-the-Leading-Corporate-Culture-Shaping-Consulting-Firm.html|website = GlobeNewswire News Room|accessdate = 2015-12-03|language = en-US}}</ref>
* In October 2015, Heidrick & Struggles acquired London-based leadership consultancy Co Company. Co Company Chairman Colin Price joined Heidrick & Struggles as Executive Vice President leading its leadership consulting practice.<ref>{{cite web |title=Heidrick & Struggles Acquires Strategic Advisory Firm To Strengthen Global Leadership Consulting Expertise |url=https://www.prnewswire.com/news-releases/heidrick--struggles-acquires-strategic-advisory-firm-to-strengthen-global-leadership-consulting-expertise-300153865.html |publisher=PR Newswire |accessdate=12 September 2018}}</ref>
== Firm timeline ==
1953 – Gardner Heidrick & John E. Struggles partner to establish Heidrick & Struggles
1954 – Heidrick & Struggles land its first client, the West Virginia Coal and Coke Company
1968 – Opening of the Heidrick & Struggles London office
1974 – European firm expansion with the opening of offices in [[Frankfurt]] & [[Paris]]
1979 – Firm establishes a presence in Asia with an office in [[Hong Kong]]
1982 – Gardner Heidrick retires after 29-years with the firm
1986 – John E. Struggles retires after 33-years with the firm
1999 – Heidrick & Struggles International becomes a publicly traded company on the [[NASDAQ]]
2008 – Heidrick & Struggles becomes a strategic partner of The [[World Economic Forum]]
2012 – Acquires corporate culture-shaping firm Senn Delaney
2013 – Rings the bell on the NASDAQ in recognition of the firm’s 60th anniversary
2014 – Names Tracy Wolstencroft as President and CEO
2015 – Acquires London-based leadership consulting firm Co Company
Feb 2016 - Acquires Decision Strategies International (DSI), a leadership advisory firm
Aug 2016 - Acquires JCA Group, a London-based executive search advisory firm.
Apr 2017 - Tracy Wolstencroft named Chairman and Krishnan Rajagopalan is the new CEO
== Notable placements ==
* Bob Goldberg - CEO of the National Association of Realtors® <ref>{{Cite web|url=http://www.prnewswire.com/news-releases/bob-goldberg-named-next-ceo-of-national-association-of-realtors-300479123.html|title=Bob Goldberg Named Next CEO of National Association of Realtors®|last=Realtors|first=National Association of|website=www.prnewswire.com|language=en|access-date=2017-07-13}}</ref>(2017)
* Ken MacKenzie - Board Chairman of BHP Billiton Ltd. (2017)<ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2017-06-15/bhp-names-ken-mackenzie-as-chairman-amid-activist-challenges|title=BHP Names Ken MacKenzie as Chairman Amid Activist Challenges|date=2017-06-15|work=Bloomberg.com|access-date=2017-07-19}}</ref>
* Mohamad Ali - President & CEO of Carbonite, Inc. (2015)<ref>{{Cite web|title = Heidrick & Struggles Places President and CEO at Carbonite {{!}} Hunt Scanlon Media|url = http://huntscanlon.com/heidrick-struggles-places-president-and-ceo-at-carbonite/|website = Hunt Scanlon Media|accessdate = 2015-12-03|language = en-US}}</ref>
* [[Satya Nadella]] - CEO of [[Microsoft]] (2014)<ref>{{Cite web|url = http://readwrite.com/2014/02/04/satya-nadella-microsoft-ceo-bill-gates-out-chairman|title = Satya Nadella is Microsoft's New CEO|date = |accessdate = |website = Read, Write, Web|publisher = |last = |first = }}</ref>
* Robert Douglas Lawler - CEO & Member of Board of Directors of Chesapeake Energy Corp. (2013)<ref>{{Cite web|url=http://www.rttnews.com/2121425/chesapeake-energy-names-anadarko-executive-robert-douglas-lawler-as-ceo.aspx|title=Chesapeake Energy Names Anadarko Executive Robert Douglas Lawler As CEO|website=RTTNews|access-date=2017-07-19}}</ref>
* Charles E. "Ed" Haldeman, Jr., - CEO of [[Freddie Mac]] (2009)
* Bruce Witherell - COO of [[Freddie Mac]] (2009)
* [[Eric Schmidt]] - CEO of Google (2001)<ref name="McGeehan">{{cite news|last1=McGeehan|first1=Patrick|title=Openers: Suits; Google's Trickle-Down|url=https://query.nytimes.com/gst/fullpage.html?res=9A07E0D9113EF934A25757C0A9639C8B63|accessdate=7 December 2016|publisher=The New York Times|date=April 17, 2005}}</ref>
== References ==
<references />
{{Executive search firms}}
{{DEFAULTSORT:Heidrick and Struggles}}
[[Category:Executive search firms]]
[[Category:Business services companies established in 1953]]
[[Category:1953 establishments in Illinois]]
