DGAP-News: Emerging Leadership Contract Will Redefine CEO Role, Create New Challenge: Finding and Developing Tomorrow's Transformational Leaders

| Source: EQS Group AG
DGAP-News: Heidrick & Struggles International, Inc. /
Emerging Leadership Contract Will Redefine CEO Role, Create New
Challenge: Finding and Developing Tomorrow's Transformational Leaders

20.01.2014 / 18:13


  -- Said Business School, University of Oxford and Heidrick & Struggles
     announcing a new, global research initiative exploring integrated,
     immersive solutions to identify, develop and stretch transformative leaders
     for Global 1000 businesses.
  -- Maria Bartiromo moderates panel of prominent executives attending World
     Economic Forum, asking: What leadership behaviours will be required of CEOs
     in tomorrow's complex, interconnected world?

DAVOS, Switzerland, Jan. 20, 2014 (GLOBE NEWSWIRE) -- Increasingly complex and
often-contradictory global operating environments marked by higher expectations
from a growing network of stakeholder groups are redefining the Chief Executive
Officer role, creating a new challenge: finding and developing transformational
leaders who will succeed as tomorrow's CEOs. 

Said Business School at the University of Oxford and Heidrick & Struggles
International (Nasdaq:HSII), the premier professional services firm focused on
serving the leadership needs of top organizations globally today announced a
research collaboration intended to shape a world-first, multi-disciplinary,
holistic approach to transformational leadership development. 

'A new leadership contract is emerging between corporations and stakeholders to
ensure long-term, sustainable value creation and legitimacy,' said Peter
Tufano, Dean of Said Business School, Oxford. 

'To succeed in an uncertain future, global corporations will need a reimagined
talent pipeline to identify, develop and stretch leaders,' said Jory Marino,
Heidrick & Struggles interim CEO. 

The research initiative brings together two globally renowned institutions in
leadership with complementary, mutually reinforcing strengths. Heidrick &
Struggles focuses on executive search and recruitment, leadership assessment,
coaching, succession planning and on-boarding. Said Business School, Oxford
focuses on leadership development, research, life-long learning and reflection. 

'Both Heidrick & Struggles and Said Business School, Oxford are committed to
helping the world be better led,' Marino said. 'Announcing this collaborative
effort at the World Economic Forum in Davos makes perfect sense.' 

The global research initiative will explore how the world's most successful
companies identify and develop transformative leaders--while also diagnosing
gaps and opportunities for completely new approaches. 

Said Business School and Heidrick & Struggles will announce the research
initiative on Thursday, January 23 at a panel discussion of prominent senior
business leaders moderated by Maria Bartiromo, award-winning television anchor
and author. The panel includes Ellen Kullman, Chair and CEO of DuPont, Klaus
Kleinfeld, Chairman and CEO of Alcoa; Mark Weinberger, Chairman and CEO of EY,
and Ray Bingham, Chairman of the Board, Flextronics. 

Featured Moderator:

Maria Bartiromo, Award-winning Television Anchor and Author

For more than 20 years Maria Bartiromo has been the most visible face of
business in cable news. She was one of the first news correspondents to report
live daily from the floor of the New York Stock Exchange. She is also a
best-selling author: The 10 Laws of Enduring Success and The Weekend That
Changed Wall Street. 

Distinguished Panelists:

Ray Bingham, Chairman of the Board, Flextronics

Ray Bingham has served as Chairman of the Flextronics Board since January 2008
and as a member of the Board of Directors since October 2005. He is also an
Advisory Director, previously Managing Director, of General Atlantic LLC, a
global private equity firm. Mr. Bingham is also a member and presiding director
of Oracle's Board of Directors since 2002. 

Klaus Kleinfeld, Chairman and CEO of Alcoa

Klaus Kleinfeld is chairman and chief executive officer of Alcoa. He joined the
company in 2007 as president and chief operating officer, and seven months
later assumed CEO responsibilities. He has served on Alcoa's board of directors
since 2003 and was named chairman in April 2010. 

Ellen Kullman, Chair and CEO of DuPont

Ellen Kullman is the 19th executive to lead the company in more than 210 years
of DuPont History. She became president on Oct. 1, 2008, and CEO on Jan. 1,
2009. Prior to her appointment as DuPont president and CEO she served as
executive vice president and a member of the company's office of the chief

Mark Weinberger, Chairman and CEO of EY

Mark Weinberger is the Global Chairman & CEO of EY, a leading global
professional services organization that provides assurance, tax, transaction
and advisory services. With 175,000 people in more than 150 countries, EY is
one of the largest professional services organizations in the world. 

Representatives on site:

Said Business School at Oxford University

Peter Tufano, Dean of Said Business School; Andrew White, Associate Dean for
Executive Education, and Valerie Keller, Associate Fellow at Said Business
School and WEF Young Global Leader. 

Heidrick & Struggles

Jory Marino, Interim Chief Executive Officer; Valerie Germain, Managing
Partner, and Head, Functional Practices and Jeff Cohn, Partner, Leadership

About Said Business School at the University of Oxford:

Said Business School at the University of Oxford blends the best of new and
old. We are a vibrant and innovative business school, deeply embedded in an
800-year-old world-class university. We create programmes and ideas that have
global impact. We educate people for successful business careers, and as a
community seek to tackle world-scale problems. We deliver cutting-edge
programmes and ground-breaking research that transform individuals,
organisations, business practice, and society. For more information, see

About Heidrick & Struggles International, Inc.

Heidrick & Struggles International, Inc. (Nasdaq:HSII) is the premier provider
of senior-level Executive Search, Culture Shaping and Leadership Consulting
services. For 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: Said contact: Josie Powell
         M: +44 (0) 7711 387215
         H&S contact: Lia Randazzo
         M: +1 312.731.4003
News Source: NASDAQ OMX

End of Corporate News


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Language:    English                                   
Company:     Heidrick & Struggles International, Inc.  
             United States                             
ISIN:        US4228191023                              
End of News    DGAP News-Service  
248748 20.01.2014