Core Insights - Caldwell has expanded its Industrial Practice by adding Jason Blonstein as a Partner, enhancing its capabilities in private equity-backed searches across manufacturing, industrials, and business services [2][4]. Group 1: Jason Blonstein's Background and Role - Jason Blonstein has over a decade of executive search experience, advising private equity firms and their portfolio companies on recruiting senior executives in industrial and manufacturing sectors [3][4]. - Blonstein has a proven track record in leading searches for investor-backed organizations, focusing on roles related to strategy execution, organizational transformation, and value creation initiatives [5]. - Prior to joining Caldwell, Blonstein was a partner at Roo Partners and served as managing director at ECA Partners, where he led the strategy and transformation practice [6]. Group 2: Caldwell's Strategic Positioning - Caldwell is a leading retained executive search firm that connects clients with transformational talent, leveraging technology and AI for recruitment at all levels [8]. - The firm operates under two distinct brands, Caldwell and IQTalent, offering a comprehensive range of services from candidate research to full recruitment and talent strategy [8]. - The addition of Blonstein is expected to strengthen Caldwell's ability to serve clients across the industrial landscape, enhancing performance and transformation [6][8].

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]