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Former Boyden players help DHR launch Michigan expansion

With several former employees of Boyden Executive Search's Michigan office in tow, Chicago-based DHR International is expanding DHR's presence in the state and subsidizing the operation until Michigan's economy rebounds.

“We believe in the area, ... the people ... and the businesses of Michigan, and we're willing to invest,” said David Hoffmann, CEO of DHR. 

The privately held company — which claims to be the fifth-largest executive search firm in the country, with revenue of “more than $100 million” and a presence in Asia and Europe — had many expansion sites from which to choose when it picked Michigan, Hoffmann said. 

“We absolutely believe ... the auto industry will recover, and we think there are other viable industries in Michigan that have been somewhat overlooked by the fact that no other top national executive search firm has an office there.” 

DHR will invest “whatever it takes for us to be successful” in Michigan, Hoffman said. “We think this is a unique opportunity for us, and we're seizing that opportunity.” 

He projects the Michigan office will grow to $2 million to $3 million in annual revenue. 

Doug Allen, who had been managing director and president of Sullivan & Associates in Birmingham when it operated as a Boyden licensee, left the firm in mid-May to join DHR as managing director of its new Michigan office.


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