secwatch.observer — SEC 8-K summary
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Issuer:     HEIDRICK & STRUGGLES INTERNATIONAL INC (—)
CIK:        0001066605
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001193125-24-012711
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066605/000119312524012711/0001193125-24-012711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066605/000119312524012711/d665413d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-012711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer