Korn Ferry - KFY STOCK NEWS

Korn Ferry (NYSE: KFY) has been named one of the '2021 100 Best Companies for Parents' by Seramount, recognizing its inclusive benefits for families during COVID-19. The company offers family-friendly policies, including gender-neutral parental leave and backup childcare. Korn Ferry also expanded mental health and childcare benefits in response to the pandemic. This acknowledgment highlights the firm's commitment to supporting working parents and creating an inclusive workplace culture. The recognition is based on comprehensive evaluations of leave policies, workforce representation, and flexibility.

Korn Ferry (NYSE: KFY) has appointed Simon Mayo as a senior client partner in its Global Technology Officers practice, based in New York. Mayo joins from a global executive search firm, where he specialized in technology leadership roles within the financial services sector, successfully placing various executives in prominent positions.

His extensive experience includes establishing an executive interim business focused on senior technologists in finance. Tarun Inuganti, the practice leader, expressed confidence in Mayo's ability to deliver high-impact solutions to clients.

Korn Ferry reported record quarterly fee revenue of $585.4 million for Q1 FY’22, marking a 70% increase year-over-year. Both operating income and Adjusted EBITDA reached all-time highs at $101.3 million and $121.3 million, respectively. Net income attributable to Korn Ferry was $74.8 million, with diluted earnings per share of $1.37. The company declared a quarterly dividend of $0.12 per share, payable on October 15, 2021. Outlook for Q2 FY’22 estimates fee revenue between $585 million and $615 million.

Korn Ferry (NYSE: KFY) announces the appointment of Golnaz Yekrangian as senior client partner and head of infrastructure and energy investing for North America, based in Toronto. Yekrangian brings extensive experience from leading roles in a global talent management firm and Scotia Capital, focusing on infrastructure, sustainable energy, and private equity. This move aims to enhance Korn Ferry's capabilities in addressing the evolving challenges in industrial and energy markets, as highlighted by Neil Collins and Michael Franzino of Korn Ferry.

Korn Ferry (NYSE:KFY) will announce its financial results for Q1 FY2022 for the period ended July 31, 2021, on September 8, 2021. The earnings report will precede a live webcast at 12:00 p.m. EDT, featuring CEO Gary Burnison and CFO Robert Rozek. Investors can access the live audio and presentation slides at Korn Ferry's investor relations website.

The company specializes in organizational consulting, assisting clients with optimal structures and effective workforce management.

Korn Ferry (NYSE: KFY) announced the appointment of Lauren Shin as a senior member of its Board & CEO Services and Global Consumer Practice in New York. Shin brings extensive experience from a global search and advisory firm and has previously held senior leadership roles at Liz Claiborne, Ralph Lauren, and NBC Universal. Her expertise includes talent and leadership issues for senior executives, making her a valuable addition to the team. She holds a B.S. in accounting and international business from NYU Stern and an MBA from INSEAD.

Korn Ferry (NYSE: KFY) reported record fourth quarter fee revenue of $555.2 million, up 26% year-over-year, and annual fee revenue of $1,810.0 million. Diluted earnings per share also reached an all-time high at $1.21. The company’s adjusted EBITDA margin was 20.3% for the fourth quarter. Despite a 6% annual revenue decline attributed to COVID-19 impacts, net income improved to $114.5 million. Q1 FY’22 projections indicate fee revenue between $535 million and $555 million, with diluted EPS expected between $1.04 and $1.14.

Korn Ferry (NYSE:KFY) will announce its fourth quarter and full fiscal year 2021 financial results on June 22, 2021. This release will come before market opening, followed by a live webcast at 12:00 p.m. EDT. Key executives including CEO Gary Burnison and CFO Robert Rozek will host the session. Korn Ferry is a global organizational consulting firm that focuses on optimizing structures and enhancing workforce effectiveness.

Korn Ferry (NYSE: KFY) has appointed Scott Mumby as a senior client partner and global account lead in its Technology practice, based in Orange County. Mumby previously held key roles at DXC Technology and Bank of America, accumulating 15 years of expertise in digital transformation and organizational strategy. His experience includes leading system implementations and managing global change projects. Esther Colwill, president of Korn Ferry’s global Technology practice, emphasized Mumby's strong background in bringing purpose and effective leadership to organizations.