Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 8-Dec-1999
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Heidrick & Struggles Names Carlene M. Ziegler to Board of Directors
ATLANTA--(BUSINESS WIRE)--Dec. 8, 1999-- Co-Founder of Artisan Partners LP Joins Recent External Appointees Heidrick & Struggles International, Inc. (Nasdaq: HSII), the world's leading executive search firm, announced today that Carlene M. Ziegler, co-founder and manager of the institutional investment management firm Artisan Partners LP, has been appointed to its Board of Directors.
Ziegler becomes the third director to be named to the Board from outside the company. Adidas-Salomon AG Chairman Robert Louis-Dreyfus and USWeb/CKS CEO Robert Shaw were appointed to the Board in September 1999. Her appointment brings the total number of HSII directors to 11.
"Carlene is highly respected among her peers with an outstanding portfolio management record that speaks for itself and her leadership skills are also evident with the emergence of Artisan," said Patrick S. Pittard, President and Chief Executive Officer of HSI. "Her acute knowledge of the investment industry and Wall Street will add significant strengths to the makeup of our Board as well as to the growth and development of our corporation."
She and her husband, Andrew Ziegler, co-founded the Milwaukee-based Artisan Partners in 1995 and manage it together. She is also co-manager of the firm's Artisan Small Cap Fund.
With investment offices in Atlanta and San Francisco, Artisan Partners manages money for large endowments, foundations and pension plans and acts as the investment advisor for the Artisan Funds, a family of four no-load mutual funds.
Prior to founding Artisan Partners, Ziegler, 43, was a co-manager of the Strong Common Stock Fund, Strong Opportunity Fund and numerous institutional small-capitalization equity portfolios at Milwaukee's Strong Capital Management. Before joining Strong Capital Management in 1991, she spent eleven years with Stein, Roe & Farnham of Chicago, and co-managed the SteinRoe Special Fund from 1986 to 1991.
She holds degrees from the University of Illinois and an M.B.A. from the University of Chicago. A Chartered Financial Analyst, Ziegler has been a member of Barron's Roundtable and is a frequent commentator on small-cap investing.
Heidrick & Struggles is the world's leading search firm, specializing in chief executive, board of directors and senior-level management assignments. Today, over 750 Heidrick & Struggles professionals serve a broad range of organizations, including Fortune 500 companies, financial institutions, major health care organizations, universities and not-for-profit organizations, leading mid-cap companies and emerging growth companies from offices in more than 65 locations throughout North and South America, Europe, the Middle East, Africa and Asia/Pacific. For more information about Heidrick & Struggles, please visit our website at www.heidrick.com.
CONTACT: Heidrick & Struggles International, Inc.
Jennifer Silver (Media), 404/572-0019
Lynn McHugh (Analysts), 312/496-1593