View:
Download DOC
Download PDF
Download XLS
Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  03/20/2008
 
HEIDRICK & STRUGGLES INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  0-25837
 
Delaware
  
36-2681268
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
233 South Wacker Drive, Suite 4200, Chicago, IL, 60606
(Address of principal executive offices, including zip code)
 
(312) 496-1200
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On March 20, 2008 the registrant announced the resignation of Ms. Eileen A. Kamerick, Executive Vice President, Chief Financial Officer and Chief Administrative Officer.

A copy of the Company's press release relating to this event is attached to this Current Report on Form 8-K as Exhibit 99.1.

 
 
Item 9.01.    Financial Statements and Exhibits
 
(c)    Exhibits:

Exhibit Number    Description

--------------             -----------

99.1                         Company Press Release Dated March 20, 2008

 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
      
 
HEIDRICK & STRUGGLES INTERNATIONAL, INC.
 
 
Date: March 26, 2008
     
By:
 
/s/    K. Steven Blake
               
K. Steven Blake
               
Executive Vice President, General Counsel and Secretary
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Company Press Release dated March 20, 2008

Exhibit 99.1

News FOR IMMEDIATE RELEASE

Heidrick & Struggles Announces CFO Transition

CHICAGO (March 20, 2008) - Heidrick & Struggles International, Inc. (Nasdaq: HSII), the world's premier executive search and leadership consulting firm, announced today that Eileen A. Kamerick, the company's Executive Vice President, Chief Financial Officer and Chief Administrative Officer, has decided to resign from her positions with the company. Kamerick will be leaving to accept another position.

Kevin Kelly, Chief Executive Officer, said, "We thank Eileen for her tremendous contributions to Heidrick & Struggles over the last four years and wish her the best. She built a great team of financial professionals and played a critical role in improving the cost structure and profitability of the company, positioning us for continued success. Our executive team remains fully committed to the financial discipline that our shareholders have come to expect."

The formal search for a new Chief Financial Officer will begin immediately. Kamerick will remain in her positions as part of a coordinated plan and continue to perform her duties through May 10, 2008, to complete the close of the company's first quarter and filing of its 10-Q.

Kamerick, 49, joined Heidrick & Struggles in 2004. "I leave Heidrick & Struggles with tremendous pride about our accomplishments and the record results we all achieved over the past four years. This is a remarkable company with talented and committed people," Kamerick said. "At the same time, I'm very much looking forward to new challenges."

About Heidrick & Struggles International, Inc.


Heidrick & Struggles International, Inc. is the world's premier provider of senior-level executive search and leadership consulting services, including talent management, board building, executive on-boarding and M&A effectiveness. For more than 50 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit www.heidrick.com.

Safe Harbor Statement

This press release contains forward-looking statements. The forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. Forward-looking statements may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," and similar expressions. Forward-looking statements are not guarantees of future performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed, forecasted or implied in the forward-looking statements. Factors that may affect the outcome of the forward-looking statements include, among other things: our ability to attract and retain qualified executive search co nsultants; the condition of the economies in the United States, Europe, or elsewhere; social or political instability in markets where we operate; the impact of foreign currency exchange rate fluctuations; price competition; the ability to forecast, on a quarterly basis, variable compensation accruals that ultimately are determined based on the achievement of annual results; our ability to realize our tax loss carryforwards; the timing of a partial release or full reversal of deferred tax asset valuation allowance; the mix of profit and loss by country; an impairment of our goodwill and other intangible assets; and delays in the development and/or implementation of new technology and systems. Our reports filed with the U.S. Securities and Exchange Commission also include information on factors that may affect the outcome of forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

###

Contacts

Investors & Analysts:

Julie Creed, VP, Investor Relations: +1 312 496 1774 or jcreed@heidrick.com

Media:

Eric Sodorff, Director, Corporate Communications: +1 312 496 1613 or esodorff@heidrick.com