Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 10-May-1999
--------------------------------------------------------------------------------
Heidrick & Struggles Opens in Israel
Business Editors
TEL AVIV, Israel--(BUSINESS WIRE)--May 10, 1999--
Capitalizes on Explosive Growth
Heidrick & Struggles one of the world's leading executive search firms, today announced that they have opened an office in Tel Aviv, Israel.
Heidrick & Struggles established its operation in Israel following the explosive growth of the high-tech sector. "Our principal objectives are to serve Israeli clients, both in the local market and in their searches overseas as well as foreign investors and multinationals," said Gil Alon, Managing Partner of the Tel Aviv office. "As a pioneer in the executive search industry, we are particularly active in the International Technology, Financial Services and Industrial Sectors."
"There are four requirements we must meet when we decide to move into a new market," said Jurgen Mulder, President of Europe for Heidrick & Struggles. "We must be ready to make a long-term commitment to the country, the country and the market must be able to support our business, our global clients must have needs that require us to be there and we must have the right partners to support the office. The Tel Aviv office meets all of these requirements".
Heidrick & Struggles is one of the world's leading executive search firms, specializing in chief executive, board of directors and senior level management assignments. Today, over 700 Heidrick & Struggles professionals serve a broad range of organizations from Fortune 500 companies, financial institutions, major hospitals and universities, leading mid-cap companies, and emerging superstars from offices in more than 60 cities throughout North and South America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit our website at (http://www.heidrick.com/).
--30--DP/at*
CONTACT: Heidrick & Struggles, Atlanta
Jennifer Silver, 404/572-0019
KEYWORD: GEORGIA INTERNATIONAL AFRICA/MIDDLE EAST
NDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED BANKING