Welcome to our dedicated page for Korn Ferry news (Ticker: KFY), a resource for investors and traders seeking the latest updates and insights on Korn Ferry stock.
Korn Ferry (KFY) is a prominent organizational consulting firm based in the United States. Specializing in management recruitment, Korn Ferry assists clients in filling mid- to high-level management roles. The company operates through four major segments: Consulting, Digital, Executive Search, and RPO and Professional Search.
Korn Ferry provides a comprehensive, holistic approach to people management, bridging the gaps often created by inconsistent HR processes, technologies, and metrics. The firm is dedicated to driving sustainable, profitable growth for its clients by emphasizing the importance of human capital in achieving organizational change.
Consulting: Korn Ferry offers expert advice on strategy, financials, and operating models, ensuring that businesses have the tools they need to succeed. This segment focuses on improving organizational effectiveness and aligning workforce performance with business objectives.
Digital: Leveraging cutting-edge technology, Korn Ferry provides digital solutions that optimize human resource functions. This segment is dedicated to enhancing HR processes through innovative tools and platforms.
Executive Search: Known for its rigorous executive search processes, Korn Ferry helps organizations find top-tier talent for critical leadership roles. The firm’s extensive network and deep industry knowledge ensure that clients receive the best possible candidates.
RPO and Professional Search: This segment offers recruitment process outsourcing and professional search services, helping clients efficiently manage their recruitment needs.
Recently, Korn Ferry has made significant strides in integrating its diverse services, providing clients with a seamless, unified experience. The firm continues to expand its global presence, partnering with leading organizations across various industries to deliver impactful solutions.
- Latest Achievement: Korn Ferry's innovative approach to organizational consulting has been recognized with several industry awards.
- Current Projects: The company is currently working on implementing new digital solutions to enhance HR efficiency and effectiveness.
- Financial Condition: Korn Ferry maintains a strong financial position, driven by steady revenue growth and strategic investments.
To stay updated with the latest news and developments from Korn Ferry, investors and stakeholders are encouraged to follow the company’s ongoing projects and achievements.
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.
Korn Ferry (NYSE: KFY) has appointed Charles 'Charlie' Falcone as a senior client partner and global leader for the academic sector, including academic medicine and higher education. Based in Chicago, Falcone brings over 30 years of experience in clinical healthcare and executive search. Previously, he led the education practice at a global executive search firm and has held leadership roles in healthcare systems. His extensive background includes recruiting for senior positions in academic institutions and health-related organizations. This strategic hire aims to enhance Korn Ferry's capabilities in healthcare leadership recruitment.
Korn Ferry (NYSE: KFY) has appointed Jena Abernathy as a senior client partner and sector leader of Healthcare Board Services. Abernathy brings extensive experience from her previous roles in executive search and advisory for healthcare organizations, including hospitals and private equity clients. She has a notable background in managing human resources services and has led significant transformations in the healthcare sector. Korn Ferry's president highlighted Abernathy's strategic advisory skills and deep industry expertise as key assets for enhancing client services.
Korn Ferry (NYSE: KFY) announces the appointment of Michael Morcos as Vice Chairman of the CEO and Board practice in EMEA, operating from Dubai and London. With over 20 years in management consulting and executive search, Morcos previously led a global search firm's Dubai office and was the Managing Partner for the Middle East and North Africa.
His extensive experience includes work with multinational corporations, governments, and financial institutions. Morcos holds degrees in Aeronautical and Aerospace Engineering from Imperial College London and Stanford University.
Korn Ferry reported Q2 FY'21 fee revenue of $435.4 million, a 12% decline from Q2 FY'20, despite a 27% sequential increase from Q1 FY'21. Net income was $27.8 million with an operating margin of 11.1%. Adjusted EBITDA was $66.2 million, yielding a margin of 15.2%. The results were impacted by COVID-19, leading to a drop in demand across services, though Digital revenue rose due to recent acquisitions. Korn Ferry suspended specific Q3 guidance amid ongoing uncertainties regarding the pandemic.
Korn Ferry (NYSE:KFY) will release its Q2 FY2021 financial results on November 23, 2020, covering the period that ended on October 31, 2020. Investors can expect a press release before market opening, followed by a live webcast at 12:00 p.m. EST, hosted by CEO Gary Burnison and CFO Robert Rozek. This announcement highlights Korn Ferry's ongoing commitment to transparency and communication with its shareholders.
FAQ
What is the current stock price of Korn Ferry (KFY)?
What is the market cap of Korn Ferry (KFY)?
What does Korn Ferry specialize in?
What are the main segments of Korn Ferry?
How does Korn Ferry help businesses achieve growth?
What are some recent achievements of Korn Ferry?
What digital solutions does Korn Ferry offer?
What is Korn Ferry’s approach to executive search?
How does Korn Ferry support recruitment needs?
What is Korn Ferry's financial condition?
Who are Korn Ferry’s clients?
How can I stay updated with Korn Ferry’s latest news?
