Jose Ruiz

By Caroline Lamot

CHICAGO (January 30, 2008 ) — Heidrick & Struggles International, Inc. (NASDAQ: HSII). In a great story of how Heidrick & Struggles teams across borders, Terry Chuah (Menlo Park), Ignacio Perez (Mexico City) and Jose Ruiz (Monterrey) worked together to answer a client’s needs in a way that only Heidrick can.

Navman Wireless Holdings is a leading global provider of vehicle tracking and fleet management solutions. Headquartered in Chicago, the company is private equity-backed and was formerly a part of Brunswick New Technologies, a division of $5 billion Brunswick Corporation.

The company is a great client of Heidrick & Struggles – Terry completed a Chief Technology Officer search for the firm last year so when they needed a GM for their new Mexico operations to be headquartered in Monterrey, Heidrick & Struggles was the obvious choice. In a fortuitous confluence of the interests, Heidrick & Struggles is setting up an office in Monterrey and could offer real and local market expertise.

“This is a great example of why Heidrick & Struggles works so well on a global basis,” said Jose Ruiz, the lead consultant on the search and a principal in the Monterrey office. “Our unique ability to combine the strong existing US-based relationships with regional market knowledge and expertise is key.”

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.

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CHICAGO (January 29, 2008 ) — Heidrick & Struggles International, Inc. (NASDAQ: HSII), the world’s premier executive search and leadership consulting firm, today announced that Jose Ruiz has joined the firm’s Monterrey office as a Principal in the Industrial Practice, with the additional responsibility to continues the firm’s expansion to the Northern Mexico.

“With a robust experience in engineering and operations management working for manufacturing organizations in the US and Mexico within the aerospace, automotive, medical device and other industrial sectors, Jose will be instrumental to our growth strategy in the country and regionally”, said Manoel Rebello, Regional Managing Partner, Latin America. “We are pleased to welcome Jose to Heidrick & Struggles.”

Jose joins Heidrick & Struggles from a boutique executive search firm based in San Diego, CA, where he was the Managing Partner. Previous experience includes serving as VP and General Manager at Holley Performance Products. Prior to that, Jose held positions in organizational development, human resource, quality management, project management and equipment design with Frisa Forjados in Monterrey, NL and Energy Labs Inc. in San Diego, CA. He is a member of the Society of Automotive Engineers (SAE) and the Society of Manufacturing Engineers (SME).

Jose holds a bachelor’s degree in Mechanical and Electrical Engineering from the Instituto Technologico y de Estudios Superiores de Monterrey. He is fluent in English and Spanish.

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.

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Contact
Paula Barifouse at +55 11 5504 4058 or pbarifouse@heidrick.com

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Peso / Dollar Exchande Rate (FIX): $14.1975
Exchange Rate Trend: Up

Minumum Wage:
General: 50.84

Geographic Zone A: 52.59 (Pesos per day)
Includes Tijuana, Mexicali, Ensenada, Tecate, Cd. Juarez, Mexico City, Matamoros, Nuevo Laredo, Reynosa.

Geographic Zone B: 50.96 (Pesos per day)
Includes: Guadalajara, Monterrey, Guaymas, Hermosillo.

Geographic Zone C: 49.50 (Pesos per day)

Inflation:
Inflation – December 2008: 0.69
Inflation – YTD: N/A
Target Inflation 2009: N/A

Rates:
Rates (TIIE 28): 8.1050
Rates (TIIE 91): 8.0850
Rates (CETES): 7.3100

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According to data released today by the Association of Executive Search Consultants (AESC) in its 2009 AESC Member Outlook report, several market sectors are expected to strengthen despite the state of the world economy. Executive search consultants anticipate executive job opportunities to increase in healthcare (32%), government (30%), pharmaceuticals/biotech (26%), and natural resources (26%). The AESC Outlook Survey was conducted from 5 to 30 December 2008.

While the overall outlook of executive search consultants for 2009 is negative, recruiting demand in several industries is expected to remain stable throughout the year, including non-profit (52%), education (48%), professional services (39%), media/entertainment (34%) and information technology (31%). AESC members surveyed expect the global executive job market to rebound in the second half of 2009.

The survey findings reveal that executive recruiters expect to see the greatest scarcity of talent in finance and accounting positions, as well as in executive management/board positions and engineering posts. Globally, China is expected to see the greatest need for executive talent in 2009 (66%), followed by India (43%), and Eastern Europe (30%).

Comparing this data to the last AESC Outlook report conducted in mid-2008, executive recruiters continue to anticipate demand for executives in the natural resources and healthcare sectors, while they expect to see less demand for executives in manufacturing and professional services.

According to AESC President Peter Felix, “Despite the current state of the global economy, our members still see several bright spots for executive hiring in 2009. Other sectors will begin to step up their executive hiring as the current uncertainty dissipates and greater optimism begins to work its way into boardrooms. Typically executive search is an early indicator of renewed strength in the economy as organizations either upgrade or begin to invest in new executive talent. Given the extreme talent shortage which was being experienced in many sectors globally until the end of the third quarter last year our members are optimistic that strategic recruiting will pick up by the second half of the year.”

The 2009 AESC Member Outlook Survey is sponsored by Talent Technology. A full copy of the survey report is available upon request (contact nrenton@aesc.org)

www.aesc.org

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Peso / Dollar Exchande Rate (FIX): $14.0950
Exchange Rate Trend: Up

Minumum Wage:
General: 50.84

Geographic Zone A: 52.59 (Pesos per day)
Includes Tijuana, Mexicali, Ensenada, Tecate, Cd. Juarez, Mexico City, Matamoros, Nuevo Laredo, Reynosa.

Geographic Zone B: 50.96 (Pesos per day)
Includes: Guadalajara, Monterrey, Guaymas, Hermosillo.

Geographic Zone C: 49.50 (Pesos per day)

Inflation:
Inflation – December 2008: 0.69
Inflation – YTD: N/A
Target Inflation 2009: N/A

Rates:
Rates (TIIE 28): 8.1368
Rates (TIIE 91): 8.1116
Rates (CETES): 7.4400

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Monterrey, just a few miles south of the  US border, is one of the three most important cities in Mexico and a modern industrial and business center.  The Heidrick & Struggles’ office in Monterrey has differentiated itself by understanding the unique cultural and business environment of Northern Mexico and the border region bringing senior level talent with proven success in a multicultural and business environment.

We serve client organizations in every industry, identifying executive leadership talent for senior management positions and boards of directors. Our consultants specialize in one or more of the following specialty areas: Board of Directors, Consumer, Financial Services, Health Care, Higher Education/Nonprofit, lndustrial, Technology, and Professional Services.

We are dedicated to building long standing relationships with our clients by providing the highest standard of service and placing our clients’ needs first.

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Peso / Dollar Exchande Rate (FIX): $13.9145
Exchange Rate Trend: Stable

Minumum Wage:
General: 50.84

Geographic Zone A: 52.59 (Pesos per day)
Includes Tijuana, Mexicali, Ensenada, Tecate, Cd. Juarez, Mexico City, Matamoros, Nuevo Laredo, Reynosa.

Geographic Zone B: 50.96 (Pesos per day)
Includes: Guadalajara, Monterrey, Guaymas, Hermosillo.

Geographic Zone C: 49.50 (Pesos per day)

Inflation:
Inflation – December 2008: 0.69
Inflation – YTD: N/A
Target Inflation 2009: N/A

Rates:
Rates (TIIE 28): 8.1500
Rates (TIIE 91): 8.1250
Rates (CETES): 7.4400

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Posted by: Diane Brady (Newsweek) on January 14

Even though executive recruiting giant Heidrick & Struggles announced in December it would reduce its global headcount by 10-15%, the Chicago-based firm is still doing some hiring and capitalizing on the downturn to lure top talent from rivals.

John Wood, a partner at privately-held firm Spencer Stuart, is moving to publicly-held Heidrick & Struggles. At Spencer Stuart, Wood, 55 did 85 CEO searches in the last 10 years, and helped place Douglas Conant, the CEO of Campbell Soup, William L. McComb, the CEO of Liz Claiborne and Mark P. Frissora, the CEO of Hertz. At Heidrick & Struggles, he will be a vice chairman focused on CEO and board member searches, typically the most lucrative area in executive search.

Wood says he made the move because of Heidrick’s CEO L. Kevin Kelly. “Kevin’s vision of how this business model is evolving is very exciting,” he says. “One of his comments to me is that this is a fairly antiquated business model and doesn’t acknowledge the impact of technology on CEOs, executives and their businesses.”

In December, the two publicly traded search companies Heidrick & Struggles and Korn/Ferry International said they saw the search business drop off dramatically in November. Heidrick said new searches or “search confirmations” were 20% below expectations.
At Korn/Ferry, meanwhile, new searches shrunk by 40-45%. Privately-held rivals Russell Reynolds, Spencer Stuart and Egon Zehnder did not fare much better, according to analysts.

But Wood’s move and the news today that Yahoo! has named a new CEO, Carol Bartz, a search that Heidrick & Struggles conducted, indicate business may be not be booming but restless executives are helping it along.

http://blogs.businessweek.com/mt/mt-tb.cgi/12991.1387613361

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Peso / Dollar Exchande Rate (FIX): $13.9050
Exchange Rate Trend: Down

Minumum Wage:
General: 50.84
Geographic Zone A: 52.59
Geographic Zone B: 50.96
Geographic Zone C: 49.50

Inflation – December 2008: 0.69
Inflation – YTD: N/A
Target Inflation 2009: N/A

Rates (TIIE 28): 8.1875
Rates (TIIE 91): 8.1625
Rates (CETES): 7.7000

Mexico Indexes Mexico Economy

CHICAGO, Jan. 12, 2009 (GLOBE NEWSWIRE) — Heidrick & Struggles International, Inc. (Nasdaq:HSII), the world’s premier executive search and leadership consulting firm, today announced that Srinivas Maddali and Masahiro Inoue have joined the firm’s India and Japan offices as Principals in the Life Sciences Practice.

“Both Srinivas and Mas are significant and essential hires for Heidrick & Struggles, given the growth of the our Life Sciences Practice in the Asia Pacific region,” said Charles Moore, Managing Partner of the firm’s Life Sciences Practice in Asia Pacific. “Their experience from the industry makes them a huge asset to our business both in country and across the region.”

Maddali, based in New Delhi, joined the firm from Abbott, where he worked in various business leadership and marketing roles in India and across the APAC Region. Most recently, he served as Country Manager of Abbott Vascular Hong Kong. Prior to his tenure at Abbott, he was Business Head for Guidant India for four years and product manager with Becton Dickinson. He started his career with Eli Lilly Ranbaxy in India and worked there for six years in roles of increasing responsibility in Sales and Marketing. Maddali completed his bachelor’s in Pharmacy from Gulbarga University and has an MBA from the Management Development Institute Gurgaon.
Inoue, based in Tokyo, started his career in 1981 with Fuji Bank in Japan and was later assigned to its U.S. operation. While in the U.S., he joined The Monitor Company, a Massachusetts-based strategy consulting firm and engaged in global client cases to help build and execute strategies against Japanese competitors. After almost 10 years in the U.S., he came back to Japan and worked at W.R. Grace and later at AT&T, where he led new product launch projects for Asia and Japan markets, a business turnaround project, and a merger and acquisition project of a Tokyo Stock Exchange listed company. In 1999 he moved into the Life Sciences sector, first as Head of Bio-Science at Baxter and most recently as Head of Sales of the Primary Care Business Unit at Novartis. Inoue received a BA in law from Keio University and an MBA from Amos Tuck School of Dartmouth College.

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. Heidrick & Struggles’ presence in Mexico includes offices in Mexico City and Monterrey.

Mexico Recruiters and Consultants:
Jose J. Ruiz, Industrial
Carla Ormsbee, Financial Services, Finance Officers
Inge Casteleyn, Technology, BPS
Juan Ignacio Perez, Consumer, Life Sciences
Federico Gonzalez, Industrial
For more information about Heidrick & Struggles, please visit http://www.heidrick.com.

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