Marsh & McLennan (MMC) and Heidrick & Struggles (HSII) to Partner on Unique Diversity Initiative
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Marsh & McLennan Companies Inc. (NYSE: MMC) and Heidrick & Struggles International Inc. (NASDAQ: HSII) have agreed to partner on a groundbreaking diversity recruitment initiative that will be managed by Heidrick & Struggles and is designed to help attract a broader and more diverse talent pool to MMC.
Under the agreement, which is embedded in MMC's overall relationship with Heidrick & Struggles, Heidrick will give at least 10% of its work for MMC to women- and minority-owned executive search firms, and will also help these firms identify other opportunities where their services may be of assistance to the company. Heidrick's management of this process will help MMC fulfill a commitment to recruit diverse candidates and cultivate diversity among its vendors.
MMC is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital.[SM]
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