Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 12-Oct-2001
--------------------------------------------------------------------------------
Heidrick & Struggles Senior Management to Present Strategic Vision at Investor Meeting on October 30, 2001
Live Webcast of Meeting Available at http://www.heidrick.com/
2001 Third Quarter Financial Results Scheduled for Release on November 5
CHICAGO, Oct. 12 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII), will provide a real-time webcast of its investor meeting in New York on Tuesday, October 30, 2001, at 9:00 a.m. Eastern Time. The meeting will last up to 90 minutes and will feature remarks from members of the Heidrick & Struggles International senior management team.
Piers Marmion, who recently assumed the role of CEO for Heidrick & Struggles International, and David Anderson, who recently became COO of the company, will provide their perspective on the company's strategic and operational direction. Don Kilinski, CFO, will provide insight on the company's financial strategy.
During the month of October, management is continuing its detailed analysis of the business. This process includes setting the strategic direction of the company and examining its cost structure to identify the actions that will be required to align revenue and expenses. The realignment is expected to affect most elements of the business, including real estate and headcount. More information on the company's strategic direction and cost reduction initiatives will be disseminated during the week of October 29.
2001 Third Quarter Financial Results
Heidrick & Struggles will release its 2001 third quarter financial results after the close of the U.S. Market on Monday, November 5, 2001. The company will provide a real-time webcast of the related investor conference call on Tuesday, November 6, 2001, at 9:00 a.m. Central Time. The call will last up to one hour.
Accessing the Webcasts
Both live webcasts will be available online at http://www.heidrick.com/ . Listeners should log on approximately ten minutes in advance to ensure they are set up to receive the webcast. A replay of both events will be available for up to 30 days. The webcasts will also be available through CCBN's Investor Distribution Network. Individual investors can listen to the webcasts through CCBN's individual investor center at http://www.companyboardroom.com/ . Institutional investors can access the webcasts via CCBN's password-protected event management site, StreetEvents ( http://www.streetevents.com/ ).
About Heidrick & Struggles International, Inc.
Heidrick & Struggles International, Inc. is the world's premier provider of executive-level search and leadership consulting services. More than 1,000 Heidrick & Struggles professionals operate from offices in over 75 locations throughout North and South America, Europe, the Middle East, Africa and Asia Pacific. For nearly 50 years, our core business -- Heidrick & Struggles Executive Search -- has specialized in chief executive, board member and senior-level management assignments for a broad spectrum of clients: multi- national corporations, mid-cap and start-up companies, nonprofit entities, educational institutions, foundations, associations and governmental units. We are expanding our range of complementary services to offer solutions to senior management teams for their human capital needs. LeadersOnline, our Internet- enhanced recruiting business, serves clients who seek the next generation of corporate leaders. We are capitalizing on our access and influence with the highest levels of our client organizations through Heidrick & Struggles Ventures, our unit responsible for other complementary businesses, alliances and investments. For more information about Heidrick & Struggles, visit our web site at http://www.heidrick.com/ .
SOURCE Heidrick & Struggles International, Inc.
Web site: http://www.heidrick.com/
CONTACT: Media, Eric Sodorff, +1-312-496-1613, or esodorff@heidrick.com , or Analyst, Barry Hollingsworth, +1-312-496-1723, or bhollingsworth@h-s.com, both of Heidrick & Struggles International, Inc.