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Korn Ferry (KFY) provides organizational consulting and executive search services that shape global workforce strategies. This page serves as the definitive source for official company announcements and market-moving developments.
Access real-time updates on leadership appointments, strategic partnerships, financial results, and operational innovations. Investors gain critical insights into Korn Ferry's consulting expansions, digital solution launches, and talent acquisition trends driving the human capital management sector.
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Korn Ferry (NYSE: KFY) appoints Tim Wright as a senior client partner in the Total Rewards practice, based in London. Wright's prior experience includes being a partner and market leader in Asset & Wealth Management at a global consulting firm, where he advised clients on remuneration and regulatory compliance. His expertise is expected to enhance Korn Ferry's consulting capabilities in financial services. Wright holds a master’s degree in mathematics and physics from the University of Warwick. This strategic hire aims to bolster Korn Ferry's presence in the asset management sector.
Korn Ferry (NYSE: KFY) has appointed Simon Holland as president of Consulting in EMEA, based in London. Mr. Holland brings over 30 years of consulting experience, specializing in organizational strategy and talent transformation across various sectors, including financial services and healthcare.
Before joining Korn Ferry, he was a senior partner at another global consulting firm and previously led Development at HSBC. His expertise focuses on aligning talent with organizational goals, enhancing culture, and driving change.
Korn Ferry (NYSE: KFY) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for Sales Training Service Providers. This acknowledgment highlights Korn Ferry's commitment to enhancing sales effectiveness through its industry-leading sales methodology from Miller Heiman Group. The Magic Quadrant evaluates providers based on their completeness of vision and ability to execute, positioning Korn Ferry prominently for its strategic sales training solutions that focus on client outcomes and data-driven processes.
Korn Ferry (NYSE: KFY) announced the appointment of John Long as a senior client partner in the Global Consumer practice, based in Dallas. Long comes from a global executive search firm, bringing extensive experience in retail, fashion, and merchandising. He has held key roles at Macy's and Beiersdorf and has served as an advisor to private equity firms and CEOs in the consumer sector. His strong background in recruiting leaders and driving growth aligns with Korn Ferry's commitment to transformative organizational strategies.
Korn Ferry (NYSE: KFY) reported record third quarter fee revenue of $475.4 million, a 9% sequential growth. Diluted earnings per share (EPS) reached an all-time high of $0.94, while adjusted diluted EPS was $0.95. Despite this, fee revenue was down 8% year-over-year, mainly due to declines in Digital and Executive Search segments. Operating income surged to $65.2 million with a margin of 13.7%. Korn Ferry expects Q4 FY'21 fee revenue between $475 million and $500 million, and EPS between $0.95 and $1.05.
Korn Ferry (NYSE: KFY) has appointed Christopher Seitz as senior client partner in its Global Financial Services practice, focusing on asset and wealth management from the Boston office. Seitz, with over 20 years of executive search experience, previously founded Seitz Partners. His expertise covers front office and functional roles across investment management, consulting firms, and insurance companies. Chad Astmann, Korn Ferry’s global co-head of Asset Management, expressed optimism about Seitz's contributions, emphasizing the firm’s extensive expertise and offerings.
Korn Ferry (NYSE:KFY) will release its financial results for the third quarter of fiscal year 2021 on February 22, 2021. A press release will be published before the market opens, followed by a live webcast at 12:00 p.m. EST featuring CEO Gary Burnison and CFO Robert Rozek. Korn Ferry is a global organizational consulting firm that assists clients in designing optimal structures and developing talent strategies.
Korn Ferry (NYSE: KFY) has appointed Grant Duncan as senior client partner and Managing Director for Media, Entertainment, and Digital EMEA based in London. Previously, Duncan led the UK’s Technology, Media, and Telecommunications practice at a global advisory firm, focusing on digital transformation. He has over 25 years of experience in advertising, including serving as CEO of Publicis Group's UK operations. His expertise will support leading media and entertainment businesses in adapting to digital challenges.
Korn Ferry (NYSE: KFY) has expanded its operations in Russia by adding a skilled team of executive search and organizational consulting professionals. This move enhances Korn Ferry's capabilities in the region, preparing the firm to better meet client needs. Yaroslav Glazunov, Margarita Koshman, Anton Storozhenko, and Gennady Vanin bring extensive experience from global executive search firms, targeting leadership development and executive search. This strategic addition aims to address the complex talent demands of Russian organizations.
