Goldman Sachs Vet Named CEO Of Heidrick & Struggles

May 13, 2015 – February 3, 2014 — Executive search firm Heidrick & Struggles International Inc. today named a Goldman Sachs & Co. veteran its new CEO. Tracy Wolstencroft, 55, also joined the board of Chicago-based Heidrick & Struggles. Interim CEO Jory Marino will stay with the firm in a leadership position, according to a statement today. Mr. Wolstencroft spent 25 years at Goldman Sachs and was a partner from 1994 to 2010, the year he retired. “Tracy Wolstencroft is a multi-talented executive who brings strong leadership capabilities and a proven ability to manage a global client-service organization,” Heidrick & Struggles Chairman Richard Beattie said in the statement.

“He has an extensive global network, deep boardroom experience, and an outstanding reputation for delivering good counsel to senior leaders and organizations across a wide range of industries and geographies,” he said in the statement.

Mr. Wolstencroft said in the statement, “My focus will be on sharpening our strategy, energizing the team, fostering collaboration and teamwork, and building on our talent while increasing efficiency.” Mr. Wolstencroft will divide his time between New York and Chicago, according to a Heidrick & Struggles spokesman. Market research firm Hunt Scanlon Media reported Jan. 31 that Mr. Wolstencroft was expected to get the job.

Crain’s Chicago Business, by Steven R. Strahler

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