Michele C. Heid
Company Info: Heidrick & Struggles Intl.
Web site: www.heidrick.com
Address: 1 Logan Sq., Philadelphia, Pa. 19103
Advice: Think globally. Companies compete by demonstrating their competitiveness—whether it is manufacturing or the ability to provide services offshore. In today's market, the leading companies will be those who are effectively utilizing resources and manufacturing capabilities across the globe.
Qualities sought in emerging leaders: Integrity, leadership, and the ability to function as an effective team player. Technical capability is a given, but without leadership, integrity, and the ability to add value to the team; an executive will not be successful.
Sector specialization: Financial officers (functional expertise); industrial, life sciences, technology, consumer (industry practice)
Job function specialization: CFOs, corporate controllers, treasurers, investor relations, VP—audit
Geographical Focus: U.S.
Companies I often recruit for: Cisco; Merck; Wyeth; Intuit; Unisys
Favorite historical figure: Benjamin Franklin is probably my favorite historical figure because he was so versatile. He was a leading author and printer, satirist, political theorist, politician, scientist, inventor, civic activist, statesman, and diplomat. He was an amazing individual who made his mark in so many avenues of life.
Education: Indiana Univ., MBA, magna cum laude, 1981; CPA, State of Indiana; Indiana Univ., BS, Accounting, magna cum laude, 1976
Employment history: Heidrick & Struggles, Managing Partner, Financial Officer?s Practice, 2000 to present; Raytheon, Senior Vice-President, Corporate Controller, 1995-2000; Cummins Engine: Vice-President Corporate Planning, 1993-95; Vice-President, Investor Relations, 1990-93; Other Financial Roles, 1976-90
Other interests: Travel, gourmet cooking, gardening
Professional/Membership Affiliations: NIRI, FEI (former), AICPA (former)
Experience in executive search consulting: 7 years
High Profile Placement: Merck CFO, 2007
Other paths I might have pursued: Academic
The global business trend that will most influence corporate performance in the future: Ability to capitalize on the lowest-cost, highest-quality alternatives, whether domestically or abroad. This will include offshoring and bringing in-house—with the trade-off being which alternative is the most cost-efficient and effective.