Asset Manager

Updated:

Heidrick & Struggles

Heidrick & Struggles — publicly traded executive search firm founded in 1953, placing C-suite leaders and providing leadership advisory globally.

Heidrick & Struggles

Heidrick & Struggles was founded in 1953 in Chicago by Gardner Heidrick and John Struggles as a specialized executive search firm. It is publicly traded on the NASDAQ under the ticker HSII and has grown to operate in over 30 countries. The firm's strategy centers on retained executive search for C-suite and board-level positions, complemented by on-demand talent placement, leadership coaching and development, and workplace culture consulting. It serves clients across industries including technology, financial services, healthcare, industrial, and consumer sectors. Geographically, it has a strong presence in North America, with additional coverage in Europe, Asia Pacific, and the Middle East. Heidrick & Struggles employs over 2,000 people globally across more than 30 offices. In 2024, the firm reported annual revenue of approximately $1 billion. Its leadership consulting arm, Heidrick Consulting, provides organizational culture and change management services. The firm also publishes thought leadership, including the annual Board Monitor and Route to the Top reports. A structural differentiator is that Heidrick & Struggles operates as a publicly traded company, unlike most executive search firms that remain private or partnership-owned. This governance model allows for transparent financial reporting and aligns the firm with shareholder value creation, but it also limits the flexibility typically associated with family-owned or boutique advisory firms.

General information

Firm type

Asset Manager

Year founded

1953

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Kelly O. Kay

Partner

Jeff Sanders

Partner

Sector focus

Executive SearchLeadership ConsultingWorkplace Culture

Frequently asked questions

Who runs Heidrick & Struggles?

The firm is led by CEO Tom Monahan, who was appointed in 2021. Heidrick & Struggles is publicly traded, so executive decisions are accountable to a board of directors and shareholders.

Is Heidrick & Struggles a family office?

No. Heidrick & Struggles is a publicly traded executive search and leadership advisory firm (NASDAQ: HSII), not a family office. It was founded by Gardner Heidrick and John Struggles but is not tied to any single family wealth.

What services does Heidrick & Struggles offer beyond executive search?

The firm provides leadership coaching and development, on-demand talent placement, workplace culture consulting, and organizational change management. Its Heidrick Consulting arm focuses on culture transformation and leadership assurance.

How does Heidrick & Struggles generate revenue?

Revenue comes primarily from retained executive search fees, where clients pay a percentage of the placed executive's first-year compensation. Additional revenue is generated from consulting and coaching engagements (per SEC filings).

Which industries does Heidrick & Struggles serve?

The firm serves technology, financial services, healthcare, industrial, consumer, and private equity sectors, among others. Its client base spans Fortune 500 companies and large global organizations across most major industries.

Does Heidrick & Struggles make direct investments?

No. The firm does not make direct investments in portfolio companies or funds. Its core business is retained search and leadership advisory, not capital deployment.

Where is Heidrick & Struggles headquartered?

The firm is headquartered in Chicago, Illinois, United States. It maintains over 30 offices globally, including in New York, London, Hong Kong, and Dubai.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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