Heidrick & Struggles Intl Inc Stock Price, News & Analysis

Heidrick & Struggles (Nasdaq: HSII) has appointed Tracey Heaton as its new Chief Legal Officer and Corporate Secretary, effective immediately. Heaton brings extensive experience from her previous role as Senior Vice President and Chief Corporate Counsel at Visa Inc., where she was pivotal in corporate transactions and strategic growth. Her expertise is expected to significantly contribute to Heidrick's growth ambitions in leadership advisory and talent solutions, aligning with the company's ongoing transformation.

Heidrick & Struggles (Nasdaq: HSII) announced that Vice Chairmen Bonnie Gwin and Theodore Dysart have been named to the 2021 NACD Directorship 100 for their exceptional contributions to corporate governance. This marks the 10th and 14th recognitions for Gwin and Dysart, respectively. The NACD Directorship 100 honors leaders impacting boardroom practices and performance, evaluated on integrity, confidence, and high performance. The awards ceremony took place on November 9, 2021, highlighting their dedication to elevating boardroom leadership during significant organizational changes.

Heidrick & Struggles (Nasdaq: HSII) announced the appointment of Jennifer Streitwieser as a new partner in its Philadelphia office as of September 2021. Streitwieser, who has extensive experience in management consulting across various industries, will assist clients in navigating cultural transformations and optimizing performance. This addition comes as organizations seek expert guidance in adapting to evolving workforce dynamics. Heidrick & Struggles specializes in global leadership advisory and talent solutions.

Heidrick & Struggles (Nasdaq: HSII) reported record financial results for Q3 2021, with net revenue of $263.8 million, an 83.8% increase from Q3 2020. Operating income reached $33.3 million, and net income was $24.5 million, translating to diluted earnings per share of $1.21. The company noted strong growth across all business segments, driven by increased demand for Executive Search, Consulting, and On-Demand Talent services. A cash dividend of $0.15 per share was declared for Q4 2021, with projected net revenue for the quarter between $255 million and $265 million.

Heidrick & Struggles (Nasdaq: HSII) has scheduled its quarterly conference call on October 25, 2021, at 5:00pm ET to discuss its third quarter financial results. The call will be accessible via live webcast from the investor relations section of its website and by phone at +1-866-211-4120 or +1-647-689-6618, using conference ID 2849047. A replay of the webcast will be available two hours post-call. Heidrick & Struggles specializes in global leadership advisory and talent solutions, aiming to develop future-ready leaders and organizations.

Heidrick & Struggles (Nasdaq: HSII) announced the addition of Jonathan McBride as a new partner in its Executive Search business, focusing on Diversity, Equity & Inclusion and CHRO Practices, based in Los Angeles. McBride brings extensive experience from prior roles at Gradient Consulting and BlackRock, where he led inclusion initiatives. This move aligns with the company's goal to provide clients with tailored talent solutions to foster sustainable, inclusive cultures that enhance organizational performance. McBride's expertise is expected to strengthen Heidrick's leadership advisory capabilities.

Heidrick & Struggles International (Nasdaq: HSII) has announced the appointment of Meg Bear as an independent director on its Board, effective immediately. With this addition, the Board will now include eight directors, seven of whom are independent. Meg Bear brings over 25 years of experience in technology and leadership roles, currently serving as Chief Product Officer at SAP SuccessFactors. Her expertise in innovation and customer-centric solutions is expected to enhance the firm's strategic direction and address critical challenges in promoting diversity and inclusion within organizations.

Heidrick & Struggles International (Nasdaq: HSII) has partnered with Eightfold AI to create a digital leadership platform aimed at enhancing leadership talent assessment and decision-making processes. This collaboration will integrate AI technology to optimize talent forecasting and align with business needs. Anthony Colella, a Global Managing Partner at Heidrick & Struggles, emphasizes the importance of digital transformation in leadership planning. The initiative was announced at the HR Technology Conference & Expo, showcasing a commitment to innovative, tech-driven solutions to support organizations' leadership needs.