Fog/Mist
44°FFog/MistFull Forecast

Heidrick & Struggles names new president, CEO

Published: Tuesday, Feb. 4, 2014 1:15 a.m. CDT

CHICAGO (AP) – Executive search firm Heidrick & Struggles International Inc. said Monday that it named Tracy Wolstencroft as its president and chief executive officer.

Wolstencroft, 55, also joined Heidrick’s board. He replaces Jory Marino, the company’s interim CEO, who will remain with the company in a leadership role. Wolstencroft previously spent 25 years at Goldman, Sachs & Co., serving as a partner from 1994 to 2010.

Heidrick said in July that it no longer was pursuing a sale of its business and that its CEO, L. Kevin Kelly, had stepped down after 7 years in that role.

Its shares fell 6 cents to $16.62 in morning trading Monday. Its shares are up just over 1 percent versus a year ago.

Get breaking news sent to your phone. Sign up for text alerts from Sauk Valley Media!

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

National video



Reader Poll

There’s a movement afoot in the Illinois Legislature to name former President Barack Obama’s birthday (Aug. 4) as a legal holiday in Illinois. What do you think?
Good idea
Bad idea
Not sure
No opinion