Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 27-Jun-2000
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Heidrick & Struggles Names Piers Marmion as Chief Operating Officer of Executive Search Business
CHICAGO--(BUSINESS WIRE)--June 27, 2000--Heidrick & Struggles International, Inc. (Nasdaq: HSII), the world's largest and premier executive search firm, today announced that Piers Marmion has joined the firm in the newly created position of Chief Operating Officer of Heidrick & Struggles Executive Search. He will also serve as President of the International segment, a region comprising Europe, Africa, the Middle East and Asia Pacific.
"Piers brings an impressive record of operating leadership and significant executive bandwidth to our top management team. We will benefit from his expertise in global management to elevate the #1 executive search firm in Europe to even greater heights," said Patrick S. Pittard, Chairman, President and Chief Executive Officer of Heidrick & Struggles International (HSI Group). "But operations is only one part of his value. Piers is well known as an innovator and forward-thinker in the human capital arena. We will utilize these skills in new ventures and in the roll-out of our vision."
Marmion also will be a member of the Office of the CEO, a team of senior operating management who will serve as the architects of firm-wide strategy. They will meet regularly to review business performance as well as to develop and refine operational plans within the business units. Additionally, he will serve on the advisory board for Heidrick Ventures, a unit responsible for future initiatives, incubators and start-ups, which will include corporate development, alliances, investments, the company's warrant program and H&S Capital. He also will be a board member of LeadersOnline, HSI Group's comprehensive Internet recruiting service.
As a London-based executive with international executive recruitment and management consulting experience in Europe, the United States and Asia, Marmion, 41, has specialized in supporting the growth of global corporations for more than 12 years.
Marmion recently left Spencer Stuart after ten years. He founded and built their premium brand selection practice and then spent six years as Chief Operating Officer of the firm worldwide, and head of Europe and Asia. More recently, he was responsible for initiating the firm's on-line recruitment plans.
David C. Anderson, Chief Executive Officer of Heidrick & Struggles Executive Search, will continue to oversee executive search operations in the Americas.
About Heidrick & Struggles International, Inc.
Heidrick & Struggles International is the world's largest and premier executive search firm, specializing in chief executive, board of directors and senior level management assignments. Today, nearly 900 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 70 locations throughout North and South America, Europe, the Middle East, Africa and Asia Pacific. For more information about Heidrick & Struggles, visit our web site at www.heidrick.com.
CONTACT: Heidrick & Struggles
Jennifer Silver (media)
404/572-0019
jsilver@heidrick.com
or
Lynn McHugh (analysts)
312/496-1593
lmchugh@heidrick.com