Chicago's largest executive recruiters
Ranked by net professional fee revenues*
From the April 23, 2001 issue of Crain's Chicago Business
©2001 by Crain Communications Inc.
Firm Head of Chicago office Fee revenues
(millions)		 U.S. fees
(millions)		 No. of prof'l
recruiters		 No. of 2000 searches Average
search
compen-
sation/1
2000 1999 Change 2000 1999 Change Chicago U.S. Chicago U.S.
1 Spencer Stuart, 401 N. Michigan Ave., Suite 3400, Chicago 60611; (312) 822-0080; http://www.spencerstuart.com/ Kevin Connelly, Managing partner $42.5 $28.5 +49.1% $210.4 $150.1 +40.2% 19 105 323 1,712 $115,700
2 Heidrick & Struggles International Inc./2, 233 S. Wacker Drive, Suite 4200, Chicago 60606; (312) 496-1200; http://www.heidrick.com/ Linda H. Heagy, Managing partner $33.4 $23.8 +40.3% $360.4 $259.0 +39.2% 28 273 NA NA NA
3 Korn/Ferry International, 233 S. Wacker Drive, Suite 3300, Chicago 60606; (312) 466-1834; http://www.kornferry.com/ Scott E. Kingdom, Managing director $32.5 $16.0 +103.0% $315.0 $205.2 +53.5% 27 268 370 3,300 $375,000
4 DHR International Inc., 10 S. Riverside Plaza, Suite 2220, Chicago 60606; (312) 782-1581; http://www.dhr-intl.com/ David H. Hoffman, Chairman, CEO $13.3 $11.4 +17.2% $61.0 $44.0 +38.6% 21 135 NA 1,322 NA
5 A. T. Kearney Executive Search, 222 W. Adams St., Chicago 60606; (312) 648-0111; http://www.executivesearch.atkearney.com/ D. Brian Harrison, President $11.9 $11.3 +5.3% $45.0 $40.7 +10.6% 15 41 189 702 $227,000
6 Ray & Berndtson, 233 S. Wacker Drive, Suite 4020, Chicago 60606; (312) 878-0730; http://www.rayberndtson.com/ John Doyle, Managing partner $9.4 $8.2 +14.6% $40.3 $34.2 +18.0% 10 40 NA 577 NA
7 Systems Research Inc., 1250 Bank Drive, Schaumburg 60173; (847) 330-1222; http://www.systemsresearchinc.com/ Daniel G. Kuesis, President $8.1 $6.5 +24.6% NA NA NM 48 48 628 540 NA
7 Witt/Kieffer, 2015 Spring Road, Suite 510, Oak Brook 60523; (630) 990-1370; http://www.wittkieffer.com/ Jordan M. Hadelman, Chairman, CEO $8.1 $8.2 -1.1% $25.7 $24.2 +6.1% 19 62 161 556 $184,405
9 Whitney Group/3, 625 N. Michigan Ave., Suite 2100, Chicago 60611; (312) 587-3030; http://www.whitneygroup.com/ Max DeZara, Vice-chairman $6.1 $4.0 +52.2% NA NA NM 16 NA 107 NA $138,000
10 Cook Associates Inc., 212 W. Kinzie St., Chicago 60610; (312) 329-0900; http://www.cookassociates.com/ John Kins, Chairman $6.0 $4.4 +38.6% $8.6 $5.6 +53.6% 11 15 105 150 $175,000
11 M. Wood Co., 10 S. LaSalle St., Suite 3700, Chicago 60603; (312) 368-0633; http://www.mwoodco.com/ Milton M. Wood, President, CEO $5.7 $5.1 +11.8% $5.7 $5.1 +11.8% 6 6 81 81 NA
12 David Gomez & Associates Inc., 20 N. Clark St., 29th floor, Chicago 60602; (312) 346-5525; http://www.dgai.com/ David Gomez, Chairman, CEO $5.4 $4.7 +15.8% $5.4 $4.7 +15.8% 31 31 281 281 NA
12 Martin Partners LLC, 224 S. Michigan Ave., Suite 620, Chicago 60604; (312) 922-1800; http://www.martinptrs.com/ Theodore B. Martin Jr., President, CEO $5.4 $4.7 +15.1% $5.4 $4.7 +15.1% 7 7 72 72 $225,000
14 Kensington International Inc., 1415 W. 22nd St. Suite 500, Oak Brook 60523; (630) 571-0123; http://www.kionline.com/ Brian Clarke, Managing partner $4.9 $4.3 +14.0% $4.9 $4.3 +14.0% 8 8 117 117 $170,000
15 Callan Associates Ltd., 2021 Spring Road, Suite 175, Oak Brook 60523; (630) 574-9300; http://www.callanassociates.com/ Robert M. Callan, Managing partner $4.2 $3.6 +16.7% $4.2 $3.6 +16.7% 7 7 64 64 $220,000
15 Waveland International LLC, 1 E. Wacker Drive, Suite 3630, Chicago 60601; (312) 739-9600; http://www.wavesearch.net/ Phillip Greenspan, Managing partner $4.2 $3.9 +7.7% $4.2 $3.9 +7.7% 6 6 50 50 $252,000
17 Kennedy & Co./4, 20 N. Wacker Drive, Suite 1745, Chicago 60606; (312) 372-0099; http://www.kennedycompanyinc.com/ Thomas J. Moran, Managing director $3.6 $3.3 +10.8% $3.6 $3.3 +10.8% 6 7 94 94 $193,000
18 Hersher Associates Ltd., 3000 Dundee Road, Suite 314, Northbrook 60062; (847) 272-4050; http://www.hersher.com/ Betsy S. Hersher, President $3.4 $3.1 +9.8% $3.4 $3.1 +9.8% 9 9 81 81 $168,639
19 Slayton International Inc./5, 181 W. Madison, Suite 4510, Chicago 60602; (312) 456-0080; http://www.slaytonintl.com/ Richard S. Slayton, President $3.2 $3.3 -3.0% $13.5 $10.2 +32.4% 3 18 50 200 $190,000
20 Battalia Winston International Inc., 150 S. Wacker Drive, Suite 1220, Chicago 60606; (312) 704-0050; http://www.battaliawinston.com/ James F. McSherry, Managing director $3.1 $2.7 +15.8% $18.1 $14.2 +27.5% 6 28 53 258 $173,000
20 Boyden Global Executive Search, 180 N. Stetson Ave., Suite 2500, Chicago 60601; (312) 565-1300; http://www.boyden.com/ Richard A. McCallister, Managing director $3.1 $2.4 +28.6% $18.2 $14.5 +25.5% 6 40 50 NA $180,000
NR Russell Reynolds Associates Inc., 200 S. Wacker Drive, Suite 2900, Chicago 60606; (312) 993-9696; http://www.russellreynolds.com/ Andrea Redmond, Charles A. Tribbett III, Managing directors $30.0** $22.0** +36.4%** $160.2 $123.1 +30.1% 21 93 NA NA NA
NR TMP Worldwide Executive Search, 225 W. Wacker Drive, Suite 2100, Chicago 60606; (312) 782-3113; http://www.tmpsearch.com/ John S. Rothschild, Managing partner $19.0** $15.0** +26.7%** NA NA NM 28 102 208 1,257 NA
NR Egon Zehnder International Inc., 30 S. Wacker Drive, Suite 3400, Chicago 60606; (312) 260-8800; http://www.zehnder.com/ Keith Meyer, Manager $12.5** $11.3** +10.6%** $56.0 $42.8 +30.8% 12 58 NA 373 NA
NR Kenzer Corp., 625 N. Michigan Ave., Suite 1244, Chicago 60611; (312) 266-0976; http://www.kenzer.com/ Barbara Kauffman, Vice-president $3.0 $2.9 3.4% $24.0 $23.0 +4.3% 7 80 153 1,083 $180,000
* Fee revenue figures reflect fees on searches billed through the Chicago offices; the list includes firms whose revenues are generated by retained searches only. ** Crain's estimate. NA: Not available. NM: Not measurable. NR: Not ranked; these firms did not submit auditor's statements verifying revenues. 1. Based on executives placed out of the Chicago office. 2. Acquired Lynch Miller Moore O'Hara Inc. 5/00. 3. Formerly Whitney Carlyle; name change 6/00. 4. Fiscal year ends in June. 5. Fiscal year ends in January.

Research by Katrina Fenrick and Marie Pospichal