secwatch.observer — SEC 8-K summary
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Issuer:     HEIDRICK & STRUGGLES INTERNATIONAL INC (—)
CIK:        0001066605
Form:       8-K/A
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001193125-25-021772
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heidrick & Struggles CHRO Sarah Payne to exit; separation agreement disclosed
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- Sarah Payne transitions from CHRO to advisory role effective March 31, 2025; leaves company June 30, 2025.
- Separation agreement provides monthly payment of $51,041.67 over 18 months and accelerated vesting of 3,655 RSUs.
- Ms. Payne eligible for fiscal 2025 discretionary bonus of at least 3 months salary plus target bonus.
- Health and welfare benefits continue up to 1 year post-separation or until new employment.
- Executive search for new CHRO has commenced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1066605/000119312525021772/0001193125-25-021772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1066605/000119312525021772/d899508d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-021772

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