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Industry | Professional services |
---|---|
Products | Global executive searching & Leadership/Strategy Consulting |
Revenue | 2022: USD $1 Billion [1] |
Website | spencerstuart.com |
Spencer Stuart is an American global executive search and leadership consulting firm based in Chicago, Illinois. [2] It was founded in 1956, operates 70 offices in 33 countries and is privately owned, making SSI the largest privately held search firm in the world. The firm generates over 1 billion dollars in revenue annually, passing this threshold for the first time in 2021. [2] In 2009, the Wall Street Journal described the firm as the U.S. government's main resource for finding replacement executives for companies bailed out during the Great Recession. [3]
The firm currently employs over 1,200 people, with both Kincentric and Cambria consulting falling under the umbrella of Spencer Stuart, following their respective acquisitions by SSI. Spencer Stuart began in its early years as a boutique consultancy, being one of the first executive search firms to conduct international and domestic projects. In recent years the firm has grown into a larger consultancy: offering capabilities in leadership training, strategic planning, digital transformation and executive coaching, alongside their longstanding executive search business. Notable placements by Spencer Stuart include the Yahoo! board of directors retained the firm in June 2012 to conduct a search to replace former CEO Scott Thompson. [4] The Twitter board of directors retained the firm in June 2015 to conduct a search to replace former CEO Dick Costolo. [5]
During the 2009 government bailouts of struggling U.S. companies, the firm worked with the majority of the companies that were bailed out to replace company leadership and board members. Spencer Stuart has placed executives across a diverse range of industries and has existing partnerships with the majority of the Fortune 500 companies.
Korn Ferry is a management consulting firm headquartered in Los Angeles, California. It was founded in 1969 and as of 2019, operates in 111 offices in 53 countries and employs 8,198 people worldwide. Korn Ferry operates through four business segments: Consulting, Digital, Executive Search, Recruitment Process Outsourcing and Professional Search.
Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A Fortune Global 500 company, it reported revenues of $61.6 billion in 2022. Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees.
PA Consulting Group is a professional services firm that works with public, private and third-sector organisations. It was founded in 1943 by Ernest E. Butten, Tom H. Kirkham and Dr David Seymour, who used a new approach to people management to increase productivity in munitions factories during World War 2. PA grew to become the world’s largest management consultancy by headcount in 1970.
Egon Zehnder is a global management consulting and executive search firm. Egon Zehnder is the world's largest privately held executive search firm and the third largest executive search and talent strategy firm globally with an annual revenue of CHF 883 million. The firm offers services in Executive Search, Board Consulting and Leadership Strategy Services.
Executive search is a specialized recruitment service which organizations pay to seek out and recruit highly qualified candidates for senior-level and executive jobs across the public and private sectors, as well as non-profit organizations. Headhunters may also seek out and recruit other highly specialized and/or skilled positions in organizations for which there is strong competition in the job market for the top talent, such as senior data analysts or computer programmers.
Yahoo! started at Stanford University. It was founded in January 1994 by Jerry Yang and David Filo, who were Electrical Engineering graduate students when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!". The word "YAHOO" is a backronym for "Yet Another Hierarchically Organized Oracle" or "Yet Another Hierarchical Officious Oracle." The yahoo.com domain was created on January 18, 1995.
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FFL Partners, LLC, previously known as Friedman Fleischer & Lowe, is an American private equity firm, founded in 1997 by Tully Friedman, Spencer Fleischer, David Lowe, and Christopher Masto. The firm makes investments primarily through leveraged buyouts and growth capital investments and is focused on investing in the U.S. middle-market.
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Heidrick & Struggles International Incorporated is an international executive search and management consulting company headquartered in Chicago, Illinois, United States. The firm also has a consulting practice focused on leadership and shaping corporate culture.
AlixPartners is a financial advisory and global consulting firm best known for its work in the turnaround space. Jay Alix founded what became AlixPartners LLP in 1981. The firm has advised on some of the largest Chapter 11 reorganizations including General Motors Co., Kmart, and Enron Corp. The firm has since moved into a more traditional consulting space, and grown to a staff of over 1000. AlixPartners is headquartered in New York, and has offices in more than 20 cities around the world. They were also involved in the Bernie Madoff scandal, identifying 13,000 investors affected by the scandal for the prosecuting team.
Jeffrey Weiner is an American businessman. He was the chief executive officer (CEO) of LinkedIn, a business-related social networking website. He started with LinkedIn on December 15, 2008, as Interim President. Weiner played an instrumental role in LinkedIn's acquisition by Microsoft for $26 billion in June 2016. Currently, he is the Executive chairman of Linkedin as in 2022. He is also the founding Partner of Next play venture capital.
Alfred J. Amoroso is an American board member and former chairman of Yahoo!. He led the special committee set up at Yahoo! to investigate the CEO misstated college degree. He was formerly president and CEO and a director of Rovi Corporation, later renamed TiVo upon the acquisition of TiVo by Rovi Corporation. Amoroso stepped down as CEO of Rovi in 2011 and was succeeded by Thomas Carson.
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West Monroe is a digital services firm headquartered in Chicago, Illinois. West Monroe provides traditional management consulting, creative and product engineering services to businesses across many industries, including consumer and industrial products, energy and utilities, financial services, healthcare, life sciences, private equity, retail, and software and high tech. West Monroe is consistently recognized as a best place to work and a top consulting firm. West Monroe’s tagline is "Don’t Do Digital. Be Digital."
Punit Renjen is an Indian-American businessman who has been chief executive officer of the multinational professional services firm Deloitte since June 1, 2015. Previously, Renjen was chairman and CEO of Deloitte Consulting LLP, and later, held the role of chairman of Deloitte LLP from 2011 to 2015. Effective December 31, 2022, Renjen will become Global CEO Emeritus of Deloitte.
Rajesh Gopinathan is the outgoing CEO and Managing Director of Tata Consultancy Services (TCS), an Indian IT services and consulting organization and one of the country's largest employers. He was elevated to the role of Chief Executive in February 2017 after serving as the Chief Financial Officer since 2013. Rajesh is one of the youngest CEOs in the Tata Group.
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