Last Updated: January 11, 2024 New executive searches are up 22% MoM (-23% vs 12-month average)Completed executive searches are up 20% MoM (-17% vs 12-month average)Executive search industry could see new and completed searches rebound to monthly average by JuneNot all functional roles have been impacted equally during the crisis Not back but forward: Signs of light on a bumpy road to rebound A glimpse of hope for bottom lines New opened searches increased 22% and completed searches increased 20% MoM New opened and completed searches projected to hit average in June Volatility should instill cautious optimism New opened searches fluctuated an average of 39% WoW in either direction Certain functions have been more pandemic-resilient Function impact for new opened searches compared to trailing 12-month average (-23%) Function impact for completed searches compared to trailing 12-month average (-17%) Overall, the next normal holds promise for executive search