Welcome to our dedicated page for Heidrick & Struggles Intl news (Ticker: HSII), a resource for investors and traders seeking the latest updates and insights on Heidrick & Struggles Intl stock.
Heidrick & Struggles International, Inc. (formerly Nasdaq: HSII) generates a steady flow of news as a global leadership advisory and on-demand talent firm. Its announcements highlight developments across executive search, on-demand independent talent, and leadership consulting activities, as well as corporate actions and ownership changes. For readers tracking HSII-related coverage, this page aggregates company news from earnings updates to strategic transactions.
During its time as a public company, Heidrick & Struggles regularly issued quarterly earnings releases detailing net revenue trends, segment performance for Executive Search, On-Demand Talent, and Heidrick Consulting, and the use of non-GAAP metrics such as adjusted EBITDA and constant currency comparisons. These releases often included commentary from management about client relationships, consultant productivity, and the firm’s focus on serving as a trusted advisor to senior leaders.
Another key category of news involves strategic and corporate transactions. In October 2025, the company announced a definitive agreement to be acquired by a consortium led by Advent International and Corvex Private Equity in an all-cash transaction. Subsequent updates covered regulatory milestones, such as antitrust clearances, and culminated in a December 10, 2025, announcement that the take-private transaction had closed and that Heidrick & Struggles’ common stock had ceased trading on the Nasdaq Global Select Market.
Readers can also find leadership and organizational updates, such as appointments within the CEO & Board Practice in Europe and Africa, and participation in investor and industry conferences focused on human capital services, technology, media, and consumer sectors. Together, these items provide context on how the firm positions itself in the leadership advisory and talent markets.
This news archive is useful for investors, researchers, and professionals who want to review historical HSII news, understand the company’s evolution, and follow themes in its leadership advisory, on-demand talent, and consulting communications over time.
CHICAGO, Sept. 9, 2020 /PRNewswire/ -- Heidrick & Struggles' 2020 U.S. Board Monitor reveals progress in female board representation but stagnation in appointments of racially and ethnically diverse board members since 2017, remaining at 23%. In 2019, women secured 44% of new board seats, while African American appointments decreased to 10%. The firm emphasizes the need for companies to enhance diversity in leadership and suggests strategies, including broadening search criteria and focusing on diverse talent in succession planning. So far in 2020, 66% of placements were diverse.
Heidrick & Struggles International (HSII) reported a Q2 2020 net revenue of $145.6 million, down from $173.1 million in Q2 2019, largely due to the pandemic's impact. The company recorded an operating loss of $24 million and a non-cash impairment charge of $33 million, leading to an operating margin of (16.5%).
Despite this, adjusted operating income stood at $9 million with EBITDA of $12.4 million. Looking ahead, HSII plans a restructuring strategy aiming for annual cost savings of $30 million to $40 million.
Heidrick & Struggles (Nasdaq: HSII) will host its quarterly conference call on July 27, 2020, at 5:00 PM ET to discuss its second-quarter financial results. Interested parties can access the live webcast through the investor relations section of their website. Phone access is available by dialing +1-866-211-4120 or +1-647-689-6618, with conference ID: 4242978. A replay of the webcast will be accessible approximately two hours after the event. Heidrick & Struggles specializes in executive search and leadership advisory services, boasting over 65 years of experience.