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A 2022 industry newsletter ranking of the largest executive search firms in the Americas listed estimated revenues of 50 firms, with top five being: Korn Ferry, Russell Reynolds Associates, Spencer Stuart, Heidrick & Struggles, and Egon Zehnder. Each of them had more than U.S. $450 million in estimated revenues, and more than 300 consultants.
Here’s what top executive search firms look for. Ruth Umoh. December 17, 2024 at 5:30 AM. Top search firms use rigorous methods to identify who has CEO potential. (Illustration by Studio Muti)
Executive search (informally often referred to as headhunting) is a specialized recruitment service which organizations pay to seek out and recruit highly qualified candidates for senior-level and executive jobs across the public and private sectors, as well as non-profit organizations (e.g., President, Vice-president, CEO, and non-executive-directors). [1]
In 1999, CDI purchased executive headhunting firm Humana International, further expanding its mid-level management search and recruitment services through the addition of Humana's 136 franchised offices in Europe and Asia. [2] In 2001, Mitch Wienick announced his retirement and Roger H. Ballou was elected as CDI's new president and CEO. [2]
In 2023, Business Chief named Stanton Chase Middle East as the fourth best executive search and leadership solutions firm in the Middle East. [9] The company's directors and consultants have also received awards, such as the Association of Executive Search Consultants' Future of the Profession Award in 2017 and 2023. [10] [11]
Egon Zehnder International Ltd. is a global management consulting and executive search firm. Egon Zehnder is the world's largest privately held executive search firm and the third largest executive search and talent strategy firm globally [6] with an annual revenue of CHF 883 million. [7]
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