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) 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.
Our curated collection includes earnings disclosures, governance updates, and industry analysis relevant to Korn Ferry's five operational segments. Bookmark this resource to monitor how the company's integrated approach to leadership development and organizational design impacts global enterprises.
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.
Korn Ferry (NYSE: KFY) has appointed Travis Parsons as a senior client partner within its Global Technology practice, located in Silicon Valley. Parsons, formerly with a global executive search firm, specializes in CFO and senior executive searches across technology, media, and telecommunications. His expertise extends to advising Fortune 500 companies and private equity-backed firms. With a background in economics and an MBA from Cornell University, he brings valuable experience from his roles at Goldman Sachs and Credit Suisse First Boston. This strategic hire aims to enhance Korn Ferry's advisory capabilities.
Korn Ferry (NYSE: KFY) has announced the appointment of Jeff Constable as the new Global Co-head of its Financial Officers practice. He brings extensive experience from a global executive search firm, specializing in financial services and insurance sectors. Constable has a strong track record in advising clients on executive searches, leadership transitions, and succession planning. Doug Charles, president of North America at Korn Ferry, emphasized the value Constable’s expertise will add for clients. He holds a mathematics degree from Duke University and an M.B.A. from the University of Michigan.
Korn Ferry (NYSE: KFY) announces the appointment of Satish Gannu as the new Chief Technology Officer of Korn Ferry Digital, based in San Francisco. Gannu comes from ABB, where he led significant digital transformation initiatives, including the cloud-native ABB Ability™ platform. He has extensive experience in cybersecurity and cloud solutions from previous roles at Vidder and Cisco, holding 20 patents in technology. His expertise is expected to accelerate the development of Korn Ferry's Intelligence Cloud™ product suite.
Korn Ferry (NYSE: KFY) has appointed Henrik Maartensson as a senior leader in its Global Private Equity and Industrial practices. Previously co-leading the EMEA region at a global executive search firm, Maartensson brings significant experience in leadership advisory for board and C-level roles. His background includes nearly 20 years in the transportation and logistics industry with Deutsche Post DHL. With degrees in logistics and an MBA, he aims to enhance Korn Ferry's capabilities in recruiting senior executives across various industry sectors.
