UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously disclosed, on June 18, 2021, Kamau Coar, former Chief Legal Officer and Chief Inclusion Officer of Heidrick & Struggles International, Inc. (the “Company”), notified the Company of his resignation for personal reasons, effective June 18, 2021. In connection with his resignation, the Company and Mr. Coar entered into a Separation Agreement and General Release, dated June 30, 2021 (the “Separation Agreement”). Pursuant to the Separation Agreement, Mr. Coar will receive a separation payment totaling $87,500.00 and certain continued benefits provided under the Company’s group health plan. The Separation Agreement also contains a general release of claims against the Company. The foregoing description of the Separation Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Separation Agreement, a copy of which is filed hereto as Exhibit 10.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit |
Description | |
| 10.1 | Confidential Separation Agreement and General Release, dated June 30, 2021, by and between Heidrick & Struggles International, Inc. and Kamau Coar. | |
| 104 | Cover Page Interactive Data File, formatted in Inline XBRL. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| HEIDRICK & STRUGGLES INTERNATIONAL, INC. (Registrant) | ||||||
| Date: July 2, 2021 | By: | /s/ Krishnan Rajagopalan | ||||
| Name: | Krishnan Rajagopalan | |||||
| Title: | President & Chief Executive Officer | |||||