Business Services
Heidrick & Struggles International Executive Compensation (FY24)
HSII · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Thomas Monahan | Median of the other named officers $1,435,105 6 officers, excluding the chief executive | Chief executive pay ratio ◇ To the median employee |
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Data as of October 29, 2026Latest filing (DEF 14A): April 11, 2025
1 filing cited on this page
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228 figures on this page, cited to the filing that reported them. See the citations
More on Heidrick & Struggles International
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Krishnan Rajagopalan → Thomas Monahan
Frequently asked questions
Answers drawn from the data on this page.
Who is Heidrick & Struggles International's chief executive and what were they paid?
Total compensation for Thomas Monahan, Chief Executive Officer, came to $6,636,483 in fiscal 2024.
Which companies are in Heidrick & Struggles International's peer group?
The disclosed peer group includes ASGN, Inc., Barrett Business Services, Inc., CBIZ, Inc., CRA International, Inc. and Douglas Elliman Inc., among others.
What is Heidrick & Struggles International's chief executive pay ratio?
The company reported a chief executive pay ratio of 49:1 for fiscal 2024, against median employee compensation of $129,194.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Krishnan Rajagopalan Former President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Harris Former Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tracey Heaton Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Payne Former Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Krishnan Rajagopalan Former President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mark Harris Former Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tracey Heaton Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Payne Former Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Thomas Monahan Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tom Murray President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Krishnan Rajagopalan Former President & Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Mark Harris Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | — | ◇ |
Tracey Heaton Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sarah Payne Former Chief Human Resources Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stephen Bondi Vice President, Controller | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Krishnan Rajagopalan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Krishnan Rajagopalan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark Harris | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark Harris | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sarah Payne | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sarah Payne | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Stephen Bondi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas Monahan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas Monahan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas Monahan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Tom Murray | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Tom Murray | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Tom Murray | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Tracey Heaton | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Tracey Heaton | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Thomas Monahan | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Krishnan Rajagopalan | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Tom Murray | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Sarah Payne | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Tracey Heaton | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Stephen Bondi | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Mark Harris | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Adam Warby Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Elizabeth L. Axelrod | ◇ | ◇ | — | — | — | — | ◇ |
T. William Mesdag | ◇ | ◇ | — | — | — | — | ◇ |
Stacey Rauch | ◇ | ◇ | — | — | — | — | ◇ |
Mary E. G. Bear | ◇ | ◇ | — | — | — | — | ◇ |
John Berisford | ◇ | ◇ | — | — | — | — | ◇ |
Lyle Logan | ◇ | ◇ | — | — | — | — | ◇ |
Timothy Carter | ◇ | ◇ | — | — | — | — | ◇ |
Vijaya Kaza | ◇ | ◇ | — | — | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as RSUs or common stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- ASGN, Inc. ASGN
- Barrett Business Services, Inc. BBSI
- CBIZ, Inc. CBZ
- CRA International, Inc. CRAI
- Douglas Elliman Inc. DOUG
- FTI Consulting, Inc. FTI
- Huron Consulting Group, Inc. HURN
- ICF International, Inc. ICFI
- Kelly Services, Inc. KELYA
- Kforce, Inc. KFRC
- Marcus & Millichap, Inc. MMI
- Resources Connection, Inc. RGP
- TrueBlue, Inc. TBI
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Thomas Monahan (Chief Executive Officer), FY2024 total compensation $6,636,483 (base salary $900,000) [exec_comp, SEC accession 0001193125-25-079141, filed 2025-04-11]What this page does not include
Everything above is a fact Heidrick & Struggles International disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Heidrick & Struggles International sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
228 figures on this page, cited to the filing that reported them.
228 cited to the filing
Documents cited
- 0001193125-25-079141Non-Employee Director Compensation
Cite this data
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Velarion, “Heidrick & Struggles International executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/HSII (accessed 2026).
Short form: data: Velarion
The paid brief for Heidrick & Struggles International
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
1 filing cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Business Services rankings
Peers Heidrick & Struggles International discloses
The companies named in HSII's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}