secwatch.observer — SEC 8-K summary
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Issuer:     HEIDRICK & STRUGGLES INTERNATIONAL INC (—)
CIK:        0001066605
Form:       8-K
Filed at:   2024-09-24T23:59:59+00:00
Accession:  0001193125-24-224171
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heidrick & Struggles appoints Kaza and Carter to Board; Logan departs Sept 26
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- Vijaya Kaza (Airbnb CSO & VP Engineering) and Timothy Carter (former Piper Sandler CFO) join as independent directors effective Sept 19, 2024.
- Both serve on Audit and Finance Committee; Carter also on Human Resources and Compensation Committee.
- Lyle Logan resigns effective Sept 26, not due to any disagreement with the company.
- Board size increased to ten then reduced to nine upon Logan's departure; eight of nine directors are independent.
- New directors receive standard $90K annual cash retainer and $150K annual equity award, prorated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066605/000119312524224171/0001193125-24-224171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066605/000119312524224171/d886734d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-224171

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