Exhibit 99.1
Heidrick & Struggles Announces Transition of Chief Financial Officer
Company Reiterates Second Quarter 2024 Outlook
CHICAGO, June 17, 2024 Heidrick & Struggles International, Inc. (Nasdaq: HSII) (Heidrick &
Struggles, Heidrick or the Company), a premier provider of global leadership advisory and on-demand talent solutions, today announced that Mark Harris, Chief Financial Officer
(CFO) has elected to depart the Company to pursue other opportunities. The Company has commenced a formal search for a new CFO, and Harris, who assumed the role in 2018, will remain with the Company until August 2024 to ensure continuity
and a successful transition.
Mark has been a valued member of our executive team over the past six years and made significant contributions during
his tenure. He helped lead transformative financial management and discipline, while advancing our strategic direction and the overall growth of the company, stated Heidrick & Struggles Chief Executive Officer Tom Monahan.
I am immensely appreciative of Mark for his partnership and wish him the very best in his next professional endeavor. Our internal team is exceptional, and as premier leaders in executive search, I am confident that we will identify the next
world-class CFO to help create unmatched value for clients, colleagues, and investors.
I am proud of what we have accomplished during my time
at Heidrick & Struggles and honored to have worked with such a talented and dedicated global team, commented Mark Harris. It has been a privilege to be part of Heidricks journey and I look forward to watching the
firms continued success.
2024 Second Quarter Outlook
The Company continues to expect second quarter 2024 consolidated net revenue between $255 million and $275 million.
About Heidrick & Struggles International, Inc.
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent
solutions, serving the senior-level talent and consulting needs of the worlds top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our
services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions.
Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time. ® www.heidrick.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding guidance for the
second quarter of 2024. The forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry in which we operate and managements beliefs and assumptions. Forward-looking statements may be
identified by the use of words such as expects, anticipates, intends, plans, believes, seeks, estimates, outlook, projects,
forecasts, aim and similar expressions. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions, and involve certain known and unknown risks and uncertainties that are difficult to
predict, many of which are beyond our control. Factors that may cause actual outcomes and results to differ materially from what is expressed, forecasted or implied in the forward-looking statements include, among other things, our ability to
attract, integrate, develop, manage, retain