2024 Executive Search Research Review
Retrospective review published 23 October 2026. Coverage: 2024 and the reporting periods shown below.
This review collects selected public disclosures from Egon Zehnder, Heidrick & Struggles and Korn Ferry for 2024 reporting periods. It does not present a market total, a ranking or a quality assessment.
Year findings
Korn Ferry reported Executive Search fee revenue of USD 806.243 million for the fiscal year ended 30 April 2024. Regional fee revenue was USD 506.927 million in North America, USD 184.516 million in EMEA, USD 85.863 million in Asia Pacific and USD 28.937 million in Latin America. The filing reports 103 offices in 51 countries firm-wide and 1,661 Executive Search staff in total at year end. It says the firm had more than 6,000 new engagements with an average of 572 consultants.
Heidrick & Struggles reported Executive Search net revenue of USD 818.358 million for calendar 2024. Regional net revenue was USD 556.944 million in the Americas, USD 165.018 million in Europe and USD 96.396 million in Asia Pacific. The 10-K records 63 offices in 30 countries, 418 Executive Search consultants and average revenue per executive search of USD 146,000. It also notes that the company adopted ASU 2023-07 as of 31 December 2024, which expanded segment expense disclosure without altering revenue recognition.
Egon Zehnder reported global revenues of CHF 804 million for the fiscal year ended 31 October 2024. The release describes a 5.4% increase over 2023 when adjusted for comparable exchange rates. The measure is firm-wide and includes leadership advisory services, not executive search alone. The release cites 600 consultants, 67 offices and 36 countries.
These figures remain separate because the firms use different fiscal years, revenue definitions and regional boundaries.
Selected disclosures
| Firm | Period | Measure and native currency | Figure | Primary source link |
|---|---|---|---|---|
| Egon Zehnder | FY ended 31 October 2024 | All-services revenue, CHF | CHF 804m | Primary source |
| Heidrick & Struggles | Calendar 2024 | Executive Search net revenue, USD | USD 818.358m | Primary source |
| Korn Ferry | FY ended 30 April 2024 | Executive Search fee revenue, USD | USD 806.243m | Primary source |
Methodology and limits
The review uses firm releases and annual filings as evidence, with each figure tied to the period stated. Native-currency figures are not combined, ranked or converted. The alphabetical table is an evidence index, not a league table. Korn Ferry reports Executive Search segment fee revenue to 30 April. Heidrick & Struggles reports calendar-year net revenue before reimbursements. Egon Zehnder reports all-services revenue to 31 October. The Heidrick & Struggles 10-K is the last annual filing in the reviewed material for that firm. See methodology, editorial policy and contact us. Publisher: Executive Search Research LLC.