Chicago's largest executive recruiters

Ranked by net professional fee revenues*
From the April 28, 2003 issue of Crain's Chicago Business
©2003 by Crain Communications Inc.

Company Head of Chicago office Fee revenues
(millions)		 U.S. fees
(millions)		 No. of prof'l
recruiters		 No. of 2002 searches Average
search
compen-
sation/1
2002 2001 Change 2002 2001 Change Chicago U.S. Chicago U.S.
1 Spencer Stuart/2, 40 N. Michigan Ave., Chicago 60611; (312) 822-0080; http://www.spencerstuart.com/ Thomas J. Snyder, Managing director $28.3 $29.5 –4.1% $155.4 $151.2 +2.8% 21 127 305 1,568 $300,000
2 Korn/Ferry International, Sears
Tower, Suite 3300, Chicago 60606;
(312) 466-1834; http://www.kornferry.com/		 Mark R. Pierce, Managing director $20.5** $22.8** –10.0%** NA NA NM NA NA NA NA NA
3 Heidrick & Struggles International Inc., Sears Tower, Suite 4200, Chicago 60606; (312) 496-1000; http://www.heidrick.com/ Linda Heagy,
Managing partner		 $20.3 $24.6 –17.5% $184.2/3 $236.5/3 –22.1% 21 182 187 1,784 NA
4 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, area co-managers $17.6** $21.0** –16.0%** $101.5 $120.6 –15.8% 17 88 NA NA NA
5 DHR International Inc., 10 S. Riverside Plaza, Suite 2220, Chicago 60606; (312) 782-1581; http://www.dhrintl.net/ David Hoffmann, Chairman, CEO $16.2 $15.9 +1.9% $46.4 $62.2 –25.4% 22 111 NA NA NA
6 Witt/Kieffer/4, 2015 Spring Road, Suite 510, Oak Brook 60523; (630) 990-1370; http://www.wittkieffer.com/ Jordan M. Hadelman, Chairman, CEO $8.2 $10.7 –23.5% $23.0 $26.3 –12.3% 15 51 151 465 $186,648
7 TMP/Highland Partners/5, 225 W. Wacker Drive, Suite 2100, Chicago 60606; (312) 782-3113; http://www.highlandsearch.com/ Bradley J. Holden, Managing partner $7.9** $5.5** +43.6%** NA NA NM 12 50 NA NA NA
8 Egon Zehnder International, 30 S. Wacker Drive, Suite 3400, Chicago 60606; (312) 260-8800; http://www.zehnder.com/ Keith Meyer, Office manager $7.1** $7.9** –10.0%** $46.1 $50.2 –8.2% 8 50 NA NA NA
9 A. T. Kearney Executive Search, 222 W. Adams St., Chicago 60606; (312) 648-0111; http://www.executivesearch.atkearney.com/ Benjamin DeBerry, Vice-president, managing director $5.7 $6.4 –10.9% $28.4 $24.6 +15.4% 13 48 57 349 $220,000
10 Cook Associates Inc., 212 W. Kinzie St., Chicago 60610; (312) 329-0900; http://www.cookassociates.com/ John Kins, Chairman, CEO $5.1 $5.0 +1.3% $7.5 $6.8 +9.7% 10 18 81 117 $187,675
10 Systems Research Inc., 1250 Bank Drive, Schaumburg 60173; (847) 330-1222; http://www.systemsresearchinc.com/ Daniel G. Kuesis, President $5.1 $7.3 –30.7% $7.8 $8.5 –7.5% 37 41 NA NA NA
12 M. Wood Co., 10 S. LaSalle St., Suite 3700, Chicago 60603; (312) 368-0633; http://www.mwoodco.com/ Milton M. Wood, John W. Poracky, Co-managing partners $4.7 $5.4 –13.0% $4.7 $5.4 –13.0% 6 6 48 48 NA
13 Martin Partners LLC, 224 S. Michigan Ave., Suite 620, Chicago 60604; (312) 922-1800; http://www.martinptrs.com/ Theodore B. Martin Jr., President, CEO $4.3 $4.0 +8.0% $4.3 $4.0 +8.0% 5 6 51 NA $257,000
14 Callan Associates Ltd., 2021 Spring Road, Suite 175, Oak Brook 60523; (630) 574-9300; http://www.callanassociates.com/ Elizabeth C. Beaudin, Marianne C. Ray, Robert M. Callan, Co-managing partners $4.1 $4.0 +2.5% $4.1 $4.0 +2.5% 6 6 58 58 $262,000
15 Slayton International Inc., 181 W. Madison St., Suite 4510, Chicago 60602; (312) 456-0080; http://www.slaytonintl.com/ Richard S. Slayton, President $4.0 $2.6 +53.5% $4.2 $2.6 +61.9% 4 8 50 58 $240,000
16 Kennedy & Co., 20 N. Wacker Drive, Suite 4100, Chicago 60606; (312) 372-0099; http://www.kennedycompanyinc.com/ Thomas J. Moran, Managing director $3.3 $2.9 +13.8% $3.3 $2.9 +13.8% 7 9 145 145 $210,000
17 Kensington International Inc., 1415 W. 22nd St., Suite 500, Oak Brook 60523; (630) 571-0123; http://www.kionline.com/ Brian Clarke, Managing partner $3.2 $4.5 –29.4% $3.2 $4.5 –29.4% 6 6 80 80 $185,000
18 David Gomez & Associates Inc., 20 N. Clark St., 29th floor, Chicago 60602; (312) 346-5525; http://www.dgai.com/ David P. Gomez, Chairman, CEO $2.8 $3.7 –24.3% $2.8 $3.7 –24.3% 20 20 123 NA NA
19 Hersher Associates Ltd., 3000 Dundee Road, Suite 314, Northbrook 60062; (847) 272-4050; http://www.hersher.com/ Betsy S. Hersher, President $2.6 $2.6 NC $2.6 $2.6 NC 8 8 57 57 $197,467
20 Waveland International LLC, 1 E. Wacker Drive, Suite 3630, Chicago 60601; (312) 739-9600; http://www.wavelandsearch.com/ Phillip D. Greenspan, Managing partner $2.5 $3.3 –23.1% $2.5 $3.3 –23.1% 6 6 28 28 $270,000
20 Whitney Group, 625 N. Michigan Ave., Suite 2100, Chicago 60611; (312) 587-3030; http://www.whitneygroup.com/ Max DeZara, Vice-chairman $2.5 $3.0 –14.6% NA NA NM 11 NA 58 NA $127,000
22 Battalia Winston International, 150 S. Wacker Drive, Suite 1220, Chicago 60606; (312) 704-0050; http://www.battaliawinston.com/ Vincent P. Schwartz, David J. Shimp, Robert W. Folts, Partners $2.1 $2.4 –13.1% $12.6 $14.6 –13.9% 4 25 33 163 $184,000
22 Daubenspeck & Associates Ltd., 401 N. Michigan Ave., Chicago 60611; (312) 453-9410; http://www.daubenspeck.com/ Kenneth G. Daubenspeck, Managing director $2.1 $2.5 –16.0% $6.5 $7.0 –7.1% 4 15 17 90 $150,000
22 Quick Leonard Kieffer, Sears Tower, Suite 6820, Chicago 60606; (312) 876-9800; http://www.qlksearch.com/ Roger A. Quick, President, CEO $2.1 $2.3 –8.7% $2.1 $2.3 –8.7% 7 7 35 35 $186,166
25 James Drury Partners, 875 N. Michigan Ave., Suite 3805, Chicago 60611; (312) 654-6708; http://www.jdrurypartners.com/ James J. Drury III,
Chairman, CEO		 $1.8 NA NM $1.8 NA NM 2 2 10 10 $620,000
*Fee revenue figures reflect fees on retained searches billed through the Chicago offices. **Crain's estimate. NA: Not available. NC: No change. NM: Not measurable. 1. Based on executives placed out of the Chicago office. 2. Fiscal year ends in September. 3. Includes North American region. 4. Fiscal year ends in June. 5. Formerly TMP Worldwide Executive Search; name changed 4/03.

Research by Katrina Fenrick and Marie Pospichal