Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 1-Feb-2000
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LeadersOnline to Partner with E-TRADE in Building World-Class Team; E-TRADE Uses Web-based Solution from Heidrick & Struggles
IRVINE/MENLO PARK, Calif.--(BUSINESS WIRE)--Feb. 1, 2000--LeadersOnline, a leading Web-based e-Cruiting solution from Heidrick & Struggles International (Nasdaq:HSII), has been retained by E*TRADE, a global leader in online personal financial services, in a special hiring initiative targeting talented professionals.
Through a seamless, Web-based process, Leaders! (www.leadersonline.com) attracts distinctive, middle-management job candidates and helps place them quickly in leadership positions at client companies.
"We are proud to be able to support E*TRADE on a critical recruiting mission that will lead to dozens of new hires," said Michael T. Christy, president of Leaders!. "We are committing our top team of recruiters and our industry-leading Web-based e-Cruiting technology to ensure that we attract and hire the very best talent for our E*TRADE partner."
"E*TRADE has led the industry by harnessing the competitive advantages of speed, innovation and execution, and we look for partners that provide services that meet those same criteria," said Jerry Dark, chief people officer for E*TRADE Group Inc.
"We're building a team to deliver our global digital financial network and the electronic financial services company of the 21st century, and we're looking for Leaders! to help deliver the talented marketing and information technology players quickly."
Terms of the agreement between Leaders! and E*TRADE were not disclosed. The hiring partnership is the first between the two companies.
Christy said Leaders! is especially well-suited for the customized search sought by E*TRADE. Through its proprietary Web-based technologies and innovative electronic sourcing techniques, Leaders! develops highly targeted marketing plans for clients.
Different from other online recruiters, Leaders! e-Cruiters add human evaluation in assessing candidates' culture and competency fit to help clients make better hiring decisions quickly when filling mission-critical positions.
About LeadersOnline
LeadersOnline is a comprehensive Internet recruiting service provided by Heidrick & Struggles, the leading worldwide executive search firm. Leaders! delivers the only end-to-end online recruiting service with proactive sourcing, applicant tracking/workflow and background verifications -- all with the ease of use of a Web browser. The company has headquarters in Irvine.
About E*TRADE
E*TRADE, a global leader in electronic personal financial services, is the world's most-visited online investing site according to Media Metrix (September 1999), offering value-added investing and research features, premium customer service and a redundant, proprietary Stateless Architecture infrastructure. In addition to the United States, E*TRADE presently serves customers through branded Web sites in Japan, the United Kingdom, Sweden, France, Australia, New Zealand and Canada.
E*TRADE has been ranked the No. 1 online brokerage by Lafferty Information and Research Group, PC Magazine and Smart Computing magazine. E*TRADE Securities Inc. (Member NASD/SIPC), and its parent company, E*TRADE Group Inc. have offices in Northern California and in other major business centers in the United States and worldwide.
Note to editors: In the company name E*TRADE noted in this news release, there is an asterisk between
E and TRADE. This symbol may not appear properly in some systems.
CONTACT: E*TRADE
Heather Fondo, 650/331-5248
or
Fleishman-Hillard
Sheree Aronson, 213/489-8226
aronsons@fleishman.com