THE TOP EXECUTIVE SEARCH FIRMS HOT Ranked by revenue LIST RANK ‘06 RANK ‘05 Company name Global revenue for most Number of client Key clients and URL recent four quarters companies (percentage change from prior four quarters)

1. 1. INTERNATIONAL $552.9 million Would not disclose Would not disclose www.kornferry.com (22 percent)

2. 3. $433.7 million 2,000-plus Would not disclose www.spencerstuart.com (15 percent)

3. 2. HEIDRICK & STRUGGLES $415.2 million Would not disclose Kmart, Coca-Cola, Baxter, Toys “R” Us, www.heidrick.com (7 percent) Kimberly-Clark, MasterCard

4. n/a INTERNATIONAL $376.1 million Would not disclose Would not disclose www.egonzehnder.com (12 percent)

5. 4. RUSSELL REYNOLDS $334.1 million* Not available Not available www.russellreynolds.com (46 percent)

6. 5. RAY & BERNDTSON $180.6 million 3,440 Would not disclose www.rayberndtson.com (26 percent)

7. n/a IIC PARTNERS $107.3 million Not available Not available www.iicpartners.com (N/A)

8. 6. WHITEHEAD MANN $75 million 750-plus Would not disclose www.wmann.com (-33 percent)

9. 8. DHR INTERNATIONAL $70.1 million Would not disclose The Gap, Chico’s, OfficeMax, Yahoo www.dhrinternational.com (17 percent) Media Group, eBay, Disney, Motorola

10. 7. HIGHLAND PARTNERS $63.7 million 381 Would not disclose www.highlandpartners.com (-1 percent)

11. 10 . LUCAS GROUP $60 million 1,000-plus Caterpillar, General Electric, Stryker, www.lucasgroup.com (33 percent) Frito-Lay, Morgan Stanley, Target

12. 9. SIGNIUM INTERNATIONAL $55.5 million Would not disclose American Express, Cartier, www.signium.com (19 percent) DaimlerChrysler, Ernst & Young, Hewlett-Packard, Honda, IBM

13. 12 . STANTON CHASE INTERNATIONAL $50.5 million 245 Tyco, Heineken, MasterCard, Red Bull, www.stantonchase.com (19 percent) Toyota, Kohler, Novatis, Kraft Foods

14. 11 . A.T. KEARNEY EXECUTIVE SEARCH $49.5 million* Not available Not available www.atkearney.com (13 percent)

15. n/a CHRISTIAN & TIMBERS $42.2 million* Not available Not available www.ctnet.com (N/A)

*From the March 2006 Executive Recruiter Newsletter, “20 Largest Retained Executive Search Practices in the World,” Kennedy Information Sources: Companies, Kennedy Information

This list first appeared in the July 17, 2006 issue of Workforce Management.