
The 64-year-old headhunter is leaving the market leader after 29 years and joining the US consultancy
AI-generated summary
Stephan Buchner worked for Egon Zehnder, the market leader in executive search, for 29 years and was part of the international leadership team there. He led the German consumer goods group for ten years and was most recently part of the German leadership. Heidrick & Struggles is one of the four leading US firms in the industry and has 29 consultants in Germany, 19 of whom are partners.
Munich. After 29 years with the market leader, Stephan Buchner is starting again. The headhunter moved from Egon Zehnder to Heidrick & Struggles on November 1st. Those involved confirmed this to the Handelsblatt when asked.
Buchner is the second top consultant to move from Egon Zehnder to Heidrick & Struggles within a short period of time. The 64-year-old saw no further development opportunities at the market leader, and not just because of his age. Something else convinced him.
When asked, Buchner said: "The strong entrepreneurial spirit at Heidrick & Struggles appeals to me. There has been a kind of optimism there since the financial investors got involved. There is massive investment in new technologies and growth." In addition, the performance of the individual is rewarded there without the team spirit suffering.
For Nicolas von Rosty, Heidrick & Struggles' head of Germany since 2021, the new addition is "an ideal reinforcement": "I am very pleased that we were able to convince Stephan Buchner, one of the most renowned consultants in German executive search, to come to us. His experience and networking position us at the highest level."
And it is not the first prominent move from the market leader in Europe and Germany, Egon Zehnder from Switzerland, to the US consultancy, which is one of the four leading US firms. In 2025, Kati Najipoor-Smith, who specializes in the automotive industry, moved to von Rosty. Heidrick & Struggles now has 29 consultants in this country, 19 of whom are partners. Egon Zehnder is significantly larger with around 80 consultants.
Stephan Buchner specializes in the consumer goods industry, retail as well as the media, entertainment and sports sectors in Germany and Europe. His top rankings include the two Adidas CEOs Kasper Rorsted and Björn Gulden.
He recently placed the incumbent Beiersdorf CEO Vincent Warnery on the supervisory board, the board of directors of the Danish toy manufacturer Lego and supported the two media companies RTL and Sky on their merger as a personnel consultant.
The doctor of business administration began his career at the media group Bertelsmann, where he worked, among other things, as assistant to CEO Mark Wössner and later as managing director in the USA, Canada and Switzerland.
In 1997 he moved to the Egon Zehnder personnel consultancy. There he was part of the international leadership team. He led the German consumer goods group for a total of ten years, was a member of the global consumer goods group and most recently part of the German leadership.
Buchner's departure is painful for Egon Zehnder. The consultancy had only recently changed its own age regulations in order to be able to retain experienced consultants such as Najipoor-Smith and Buchner. In an interview with Handelsblatt in March, Egon Zehnder Chair German Herrera announced that partners will no longer have to stop working at 62 in the future. A spokeswoman said about Buchner's move: "We wish him all the best for his future journey."
In the transformation of the German economy, headhunters and outplacement consultants are currently in high demand. The industry is also undergoing major changes. Changes are the order of the day – even in boutiques. Anke Hoffmann's consultancy in Berlin, which specializes in family businesses, was strengthened this year with the addition of former Kerkhoff CEO and BDO partner Frank Wiethoff. Almost at the same time, her long-time consultant colleague Robin Springsklee moved to competitor Heads!.
AI outlook — possibilities, not facts
Heidrick & Struggles will continue to recruit consultants in Germany, as the industry is undergoing a lot of change and changes are the order of the day.
Likely · Within months
Egon Zehnder will take further measures to retain experienced consultants after the age regulation has already been changed.
Possible · Within months

China's foreign trade has reached a surplus of around $1.04 trillion this year, according to the customs authority. Drivers include the AI boom and strong exports, which are likely to cause displeasure among trading partners.
China's exports rose by 35.2 percent in October compared to the previous year, and imports by 41.6 percent. The trade surplus fell from $133.5 billion in September to $105.3 billion in October. Between January and October, the surplus was $1.04 trillion. Overcapacity and weak domestic demand are forcing China to export, while EU trade restrictions and US tariffs pose risks.

BMW has to cancel individual shifts at the Regensburg, Leipzig and Oxford plants because parts are missing. The company does not name the affected parts or the reasons. A shift can affect several hundred cars, but according to BMW, the failures can often be made up for.

According to Correctiv, Germany is experiencing the largest percentage loss in purchasing power for staple foods in Europe. The pancake index fell from 20 to 16.7 pancakes. Experts criticize the method as dubious.

According to IATA, kerosene prices are 118 percent above the previous year's average at $1,550 per ton. Airlines are cutting capacity and raising ticket prices while hedging ratios for 2027 are falling. Industry managers warn against excessive price increases.

Andrea Nahles, head of the Federal Employment Agency, calls for the rapid introduction of a work-and-stay agency for foreign skilled workers in an interview with Handelsblatt. She predicts up to 800,000 AI-related job losses in 15 years, but sees just as many new jobs. Unemployment has increased by 24 percent since 2022.