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Heidrick & Struggles Expands Leadership Roles
Stephen Beard to Lead Strategy and Corporate Development, Valerie Germain to Head Strategic Partners Program, Business Development

CHICAGO, July 26, 2012 (GLOBE NEWSWIRE) -- Heidrick & Struggles International, Inc. (Nasdaq:HSII), the leadership advisory firm providing executive search and leadership consulting services worldwide, today has announced that Stephen Beard, who currently serves as General Counsel, will also assume responsibility for Strategy and Corporate Development. Valerie Germain, who currently leads the company's Functional Practices, has been named to lead the Strategic Partners Program and Business Development.

"The current economic conditions and changing needs of our clients make it essential to place a stronger emphasis on Heidrick & Struggles' continued growth and long-term success," said L. Kevin Kelly, CEO, Heidrick & Struggles. "These appointments will help support our Leadership Advisory vision and put an intense focus on capturing market share and building lasting client relationships."   

In his expanded role, Beard will work with the Executive Committee as well as practice and geographic leadership to ensure strategic execution of a unified strategy to further differentiate our firm's competitive position, reputation and brand. Beard also will serve as a key driver of strategic alliances, joint ventures and M&A activity. 

As head of Business Development, Germain will work closely with practice and market leaders to develop and implement business methodologies and performance benchmarks aimed at increasing client and market share firm-wide. Germain brings significant experience across many facets of the firm and a strong track record of establishing long-term client relationships. She had previously led the Strategic Partners Program in its early inception from 2007 to 2010.

"We are fortunate to be able to draw from the depth and experience within our Executive team to fill these important roles," Kelly said. "Steve has already played a significant role in the strategy work we've done to date, and will help outline our key initiatives in support of our vision to become the premier Leadership Advisory firm. By placing SPP, Business Development and Functional Practices under Valerie's leadership, we will be able tap into her industry and client expertise to drive best practices across the firm."

About Heidrick & Struggles International, Inc.

Heidrick & Struggles International, Inc., (Nasdaq:HSII) is the leadership advisory firm providing senior-level executive search and leadership consulting services, including succession planning, executive assessment and development, talent retention management, transition consulting for newly appointed executives, and M&A human capital integration consulting. For almost 60 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

CONTACT: Jennifer Nelson
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