Heidrick CFO leaving to affix PR agency


June 18, 2024

Heidrick & Struggles Worldwide (NASDAQ: HSII) CFO Mark Harris is leaving the corporate in August to affix public relations agency FGS World as CFO. Heidrick has already begun a seek for a brand new prime monetary exec.

“I’m immensely appreciative of Mark for his partnership and want him the perfect in his subsequent skilled endeavor,” Heidrick CEO Tom Monahan stated in a press launch.

“Our inner group is outstanding, and as premier leaders in government search, I’m assured that we’ll determine the following world-class CFO to assist create unmatched worth for shoppers, colleagues and buyers,” Monahan added.

Harris assumed the CFO position in March 2018 after serving as deputy CFO beginning the month earlier than. Previous to that, Harris had been CFO at Hercules Capital, a publicly traded enterprise improvement agency.

“I’m happy with what we now have completed throughout my time at Heidrick & Struggles and honored to have labored with such a gifted and devoted world group,” Harris stated in a press launch.

Heidrick additionally at the moment reiterated second-quarter steerage for consolidated web income of between $255 million and $275 million, which represents a year-over-year decline of 6.0% to a rise of 1.4%.

Heidrick supplies government search, on-demand expertise and consulting companies. The CFO departure wasn’t the one main personnel announcement on the agency this 12 months. Heidrick CEO Monahan was appointed as prime government in January after former CEO Krishnan Rajagopalan determined to retire. Additionally this 12 months, Heidrick named Sunny Ackerman as world managing companion of on-demand expertise.

Outgoing CFO Harris will be part of PR agency FGS World on Sept. 3.

“With practically three many years of expertise, Mark’s confirmed observe report of success overseeing world finance operations in quite a few industries, together with skilled service organizations, will probably be instrumental as we proceed to construct the main communications advisory agency for the stakeholder economic system,” Alex Geiser, world CEO of FGS, stated in an announcement.

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