Heidrick & Struggles CEO Krishnan Rajagopalan to retire; Thomas Monahan III appointed CEO

HEIDRICK & STRUGGLES INTERNATIONAL INC

Krishnan Rajagopalan stepping down as President/CEO March 4, 2024, retiring April 1; will serve as advisor through Dec 2024.
Thomas Monahan III appointed CEO eff. March 4; base $900k, bonus 150%, LTI $2M; previously CEO of CEB and DeVry.
Tom Murray promoted to President from Global Managing Partner of Executive Search, reporting to Monahan.
Preliminary Q4 net revenue expected $240M-$260M, in line with prior guidance.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Thomas L. Monahan III

Chief Executive Officer

HEIDRICK & STRUGGLES INTERNATIONAL INC

Effective: 2024-03-04
Filed: January 23, 2024, 6:59 PM ET

On January 23, 2024, the Company announced that the Board appointed Thomas L. Monahan III to serve as the Chief Executive Officer of the Company and, following the recommendation of the Nominating and Board Governance Committee of the Board, appointed Mr. Monahan to serve as a member of the Board, each effective as of the Transition Date.

Departed

Krishnan Rajagopalan

President and Chief Executive Officer

HEIDRICK & STRUGGLES INTERNATIONAL INC

Effective: 2024-03-04
Successor: Thomas L. Monahan III
Filed: January 23, 2024, 6:59 PM ET

On January 23, 2024, Krishnan Rajagopalan, the President and Chief Executive Officer of the Company, notified the Board of Directors (the “Board”) of the Company of his decision to step down as the Company’s President and Chief Executive Officer on March 4, 2024 (the “Transition Date”) and retire from the Company on April 1, 2024.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HEIDRICK & STRUGGLES INTERNATIONAL INC reported preliminary financial results for fiscal year 2023.

Period: fiscal year 2023
Result: preliminary results

Exact text from the filing

issued a press release regarding certain estimated, unaudited financial information relating to the fiscal 2023 reporting period

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas L. Monahan III was appointed as Chief Executive Officer at HEIDRICK & STRUGGLES INTERNATIONAL INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On January 23, 2024, the Company announced that the Board appointed Thomas L. Monahan III to serve as the Chief Executive Officer of the Company and, following the recommendation of the Nominating and Board Governance Committee of the Board, appointed Mr. Monahan to serve as a member of the Board, each effective as of the Transition Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Krishnan Rajagopalan resigned as President and Chief Executive Officer at HEIDRICK & STRUGGLES INTERNATIONAL INC.

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

On January 23, 2024, Krishnan Rajagopalan, the President and Chief Executive Officer of the Company, notified the Board of Directors (the “Board”) of the Company of his decision to step down as the Company’s President and Chief Executive Officer on March 4, 2024 (the “Transition Date”) and retire from the Company on April 1, 2024.

View on SEC.gov

23 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001193125-24-012711

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