TORONTO, ON / ACCESS Newswire / November 4, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the formation of its Sports & Entertainment Practice, a new global sector group dedicated to connecting transformative leaders with organizations at the intersection of sports, technology, media entertainment, and investment. Driven by the continued investment of Caldwell's private equity, venture capital, and family office clients in sports, media, and entertainment companies, t ...

Accessibility StatementSkip Navigation Q3 Revenue Exceeds High End of Outlook All Lines of Business Contribute to Consolidated Revenue Growth Third Quarter 2025 Financial Highlights: CHICAGO, Nov. 3, 2025 /PRNewswire/ -- 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 financial results for its third quarter ended September 30, 2025. "We continued our ...

Core Insights - Ginger Finds has appointed Grégoire Martin as the new president to enhance its relationship-driven business model in the luxury industry [1] - The luxury industry is undergoing significant changes, with a notable shift in leadership and creative direction at top fashion companies [2][3] Company Developments - Ginger Puglia, CEO and cofounder of Ginger Finds, emphasizes the need for fresh perspectives in the evolving luxury market [1][4] - Martin's background includes experience at LVMH and Spencer Stuart, which positions him well to contribute to the firm's growth [6] Industry Trends - The luxury sector is experiencing rapid transformations, with new creative leaders emerging and making swift changes [2][3] - Companies are increasingly seeking leaders who bring diverse experiences and analytical thinking, moving away from traditional career paths [4] Leadership Philosophy - Martin highlights the importance of empathy and understanding client experiences as critical attributes for future leaders in the industry [7] - The focus will shift towards enhancing client and product experiences, necessitating leaders who are authentic and customer-centric [7]

Core Viewpoint - Heidrick is under investigation for potential breaches of fiduciary duty and other legal violations related to its transaction with Advent and Corvex, which involves a significant cash payout to shareholders [1][2]. Group 1: Transaction Details - Heidrick's shareholders are set to receive $59.00 per share in an all-cash transaction, which is valued at approximately $1.3 billion [2]. - The transaction agreement includes provisions that impose a significant penalty on Heidrick if it accepts a competing bid, potentially limiting other offers [3]. Group 2: Board Conduct - The investigation focuses on the conduct of Heidrick's board of directors to determine if they are fulfilling their fiduciary duties to all shareholders amidst the transaction [3].

Core Insights - The launch of Index Search aims to assist manufacturing and supply chain companies in filling executive and professional roles more efficiently and effectively [1] Group 1 - Index Search is designed to help companies in the manufacturing and supply chain sectors to expedite the hiring process for key positions [1] - The tool focuses on providing smarter solutions that lead to lasting impacts on organizational performance [1]

Core Insights - Caldwell has expanded its Technology Practice by adding Jake Parish as a partner in its London office, enhancing its capabilities in the technology sector [1][2]. Company Update - Jake Parish brings over a decade of experience in executive search, focusing on technology, data, and AI leadership roles [3]. - His expertise includes sectors such as cybersecurity, SaaS, data, and fintech, with a strong track record in board to VP-level appointments and international expansion [3]. - Prior to joining Caldwell, Parish founded Innovex, a tech-focused executive search firm, and held partner-level positions at global firms, contributing to US market expansion [4]. - Caldwell's CEO, Chris Beck, emphasized that Parish's appointment reflects the company's commitment to investing in critical markets and practices for client success [5]. Company Overview - Caldwell is a leading retained executive search firm that connects clients with transformational talent, leveraging technology and AI for recruitment at all levels [5]. - The firm operates under two brands, Caldwell and IQTalent, offering a comprehensive range of services from candidate sourcing to talent strategy and assessment tools [5].

Core Insights - Caldwell has opened a new office in Dubai, marking its entry into the Middle East and North Africa region [1] - This expansion is part of Caldwell's global growth strategy and demonstrates the firm's commitment to serving clients globally [1] Company Summary - Caldwell is a retained executive search firm listed on TSX under the ticker CWL and OTCQX under CWLPF [1] - The new office in Dubai signifies a strategic move to enhance its service offerings in a key international market [1]

Core Insights - Heidrick & Struggles International, Inc. will participate in a virtual fireside chat at William Blair's inaugural Human Capital Services Conference on September 23, 2025 [1] - The CEO Tom Monahan and CFO Nirupam Sinha will represent the company during this event [1] - The company is recognized as a leading provider of global leadership advisory and on-demand talent solutions [1] Company Overview - Heidrick & Struggles has over 70 years of experience in delivering value through human capital leadership advisory services [1] - The company focuses on helping organizations discover and enable outstanding leaders and teams [1] - Heidrick & Struggles is listed on Nasdaq under the ticker HSII [1]

Core Viewpoint - Heidrick & Struggles (HSII) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - An increase in earnings estimates is strongly correlated with near-term stock price movements, primarily due to institutional investors adjusting their valuations based on these estimates [4][5]. Recent Performance and Projections - For the fiscal year ending December 2025, Heidrick & Struggles is expected to earn $2.92 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 1.2% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade to Zacks Rank 2 places Heidrick & Struggles in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Core Insights - Heidrick & Struggles International, Inc. reported strong financial results for Q2 2025, with consolidated net revenue exceeding the high end of the outlook, driven by growth across all business segments [1][4][8] Financial Performance - Q2 2025 consolidated net revenue reached $317.2 million, a 13.9% increase from $278.6 million in Q2 2024 [4][25] - Adjusted EBITDA for Q2 2025 was $33.9 million, up from $28.8 million in Q2 2024, with an adjusted EBITDA margin of 10.7% compared to 10.3% in the prior year [6][8] - Adjusted net income for Q2 2025 was $18.1 million, an increase from $14.1 million in Q2 2024, resulting in adjusted diluted earnings per share of $0.85, up from $0.67 [5][8] Segment Performance - Executive Search segment net revenue was $238.2 million in Q2 2025, a 13.4% increase from $210.0 million in Q2 2024 [7][27] - On-Demand Talent segment net revenue increased by 14.3% to $47.9 million compared to $41.9 million in Q2 2024 [10][27] - Heidrick Consulting segment net revenue rose by 16.6% to $31.2 million from $26.8 million in the same period last year [11][27] Regional Performance - Revenue growth was observed across all regions: Americas up 8.9%, Europe up 30.9%, and Asia Pacific up 12.0% compared to Q2 2024 [9][27] Dividend Declaration - The Board of Directors declared a cash dividend of $0.15 per share for Q3 2025, payable on August 28, 2025 [13]