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Korn Ferry

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In 2006 the company acquired Lominger International, and in 2007 Gary Burnison became the company's new CEO. That year the company acquired LeaderSource. In 2008 they acquired Lore International Institute, and in June 2009, they acquired the London-based Whitehead Mann. In 2010 they acquired Sensa
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In 2018 Korn Ferry took a one-time, non-cash intangible asset impairment charge of $ 106 million, or $ 79 million on an after-tax basis, to account for rebranding its entire business simply as "Korn Ferry," and sunsetting all the Company's sub-brands, including Futurestep, Hay Group, and Lominger.
376:, the firm's fortunes climbed and fell. After strategy disagreements with new CEO Gerard Clery-Melin, in 2003 Mann announced her decision to leave the firm, subsequently setting up MWM Consulting in 2004. In 2006, the company was subject of a £26 million management buyout, financed by investor 273:
In May 1991 Lester Korn retired as chairman and Richard Ferry, the president and CEO, assumed the additional role of chairman. Following this, the firm initiated several office closures. In 1992 Korn Ferry implemented a video-conferencing system for screening job candidates. In 1993, the firm
224:. It was founded in 1969 and as of 2019, operates in 111 offices in 53 countries and employs 8,198 people worldwide. Korn Ferry operates through four business segments: Consulting, Digital, Executive Search, Recruitment Process Outsourcing and Professional Search. 981:
St. Anthony, Neal (January 10, 2007). "Korn/Ferry International to acquire LeaderSource; The purchase, in addition to one last year of Lominger International, broadens Korn/Ferry's areas of business". No. Metro Edition. Star Tribune (Minneapolis,
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part of FTSE in 1997. By 2003 the company had market capitalisation of £33 million mainly through acquisition, with offices in London, Paris, Frankfurt, Hong Kong and New York; together with training and advisory divisions.
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Whitehead Engineering was founded by Clive Whitehead, who on marriage merged his firm with that of his wife's, the psychologist Anna Mann (Mann Recruitment), to form Whitehead Mann in the 1970s. The firm listed on the
304:. In 2000 it acquired the London-based PA Consulting Group for an estimated $ 35M. In 2000 it purchased Boston-based financial services search firm Westgate Group, and Canada-based Pratzer & Partners Inc. 420:
will continue to award PGA Tour membership to the Tour's 50 leading players, including the top 25 from the Regular Season points list and the top 25 from the three-event Korn Ferry Tour Finals points list.
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acquired Carre Orban and Partners and merged its European operations into a firm branded in Europe as Korn/Ferry Carre/Orban International. In the next five years, the firm opened their first offices in
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Lublin, Joann S. (August 2, 1991). "Headhunters Seek Solution to Slowdown by Adding Services, Expanding Abroad". No. Eastern edition. New York, N.Y., United States: Wall Street Journal. p. B1.
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Lublin, Joann S. (October 13, 1992). "Search Firm Puts Prospects in Focus". No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. B1.
315:. This was reported and attributed to having "expanded so heavily during the technology boom" coupled with Korn Ferry's new CEO Paul C. Reilly choosing to "send a message to shareholders." 297:
to start Futurestep.com, aimed at the middle management level. By 2001 Futurestep had been rolled out to 22 countries; it incurred worldwide losses of $ 60 million through January 31, 2001.
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In 2005 Korn Ferry accused one of its former star recruiters, David Nosal, of stealing confidential client data to establish his own competing firm. In 2008 Nosal was charged under the
270:. They then had 37 offices in fifteen countries servicing around 1,250 client corporations and organizations. In 1989, the firm's revenues exceeded $ 100 million for the first time. 1172: 1017: 629:
Kikuchiz, Seiichi (July 28, 1981). "Japanese Enterprise Also Begin to Make Use of Executive Search Firms". Japan: The Japan Economic Journal. The Nihon Keizai Shimbun. p. 15.
247:-based Korn Ferry International Japan. With the opening in 1975 of Korn Ferry International Singapore, the company had 41 offices in 20 countries. In 1977 they acquired the 1050: 1295: 1865: 318:
In 2001 Korn Ferry purchased Levy Kerson, Helstrom Turner & Associates, and Pearson, Caldwell, and Farnworth. In 2005 the firm moved its regional head office to
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In 1969 the firm went public with an initial public offering (IPO), but in 1974 reacquired all outstanding shares to become private again. In 1973 Korn Ferry formed
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During an executive-search industry contraction, Korn Ferry's 2001 redundancies were "more dramatic than those of competitors who aren't publicly traded" such as
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Solutions, in 2013 Korn Ferry completed its acquisition of Minneapolis-based PDI Ninth House for $ 80M; in 2015 they acquired Pivot Leadership and Hay Group.
322:, and had a total of 73 offices in forty countries. In 2006 Korn Ferry acquired leadership development tools firm Lominger Limited of Golden Valley for $ 24M. 824:
Blake, Wendy E. (October 25, 1999). "Big Recruiters Set Sites on High-Tech Job Hoppers". Vol. 15, no. 43. Crain's New York Business. p. 36. 2p.
690: 1321: 1860: 1721: 746:"Korn/Ferry's Chief Adds Chairman Post". No. Eastern edition. New York, N.Y., United States: Wall Street Journal. May 13, 1991. p. B10. 1885: 1079: 555: 1346: 1269: 884:
Teo, Anna (May 15, 2001). "Internet Recruitment Does Not Work : Russell Reynolds". Singapore: The Business Times Singapore. p. 1.
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St. Anthony, Neal (July 28, 2014). "Korn Ferry Division Grows in Mpls". No. Metro Edition. Star Tribune (Minneapolis, MN).
416:, the developmental tour for the PGA. In replacing Web.com, Korn Ferry's sponsorship will extend through the 2028 season. The 994: 808: 727: 640:
Adversario, Patricia (May 18, 1992). "More S'pore Execs Becoming Expatriate Workers in Region". Singapore: The Straits Times.
906:"Korn/Ferry to buy Westgate Group". Atlanta, United States: The Atlanta Journal and Constitution. June 14, 2000. p. 2E. 1714: 1594: 1431: 917:"Korn/Ferry International". No. Appointment Notices-Adv't. The Globe and Mail (Canada). January 19, 2011. p. B10. 237: 502: 1661: 610:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. B20 412:
and Korn Ferry announced they had entered a 10-year agreement making Korn Ferry the Umbrella Sponsor of the newly named
1246:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. B1 1127: 932:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. A4 384:. Carol Leonard subsequently took a six-month sabbatical as head of search, and then left the firm in February 2009. 651:"Korn/Ferry Delighted With Appointment". Malaysia: The New Straits Times Press (M) Bhd. Media Prima. January 14, 1997. 1496: 962: 673: 1149: 1102: 338: 1870: 1803: 1788: 1707: 1547: 232:
Korn Ferry was founded in 1969 by Lester Korn and Richard Ferry. The two first met in 1962, when they worked for
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Boreham, Tim (June 24, 1999). "Korn Ferry Headhunts Amrop Arm". No. Finance. The Australian. p. 22.
365: 1244:"A Company and Its Secrets; Korn/Ferry Alleges Theft Of Confidential Client Data By A Former Star Recruiter" 954:
The Globalization of Executive Search: Professional Services Strategy and Dynamics in the Contemporary World
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The Globalization of Executive Search: Professional Services Strategy and Dynamics in the Contemporary World
393: 72: 1769: 1666: 312: 452: 337:, in March 2022, the company continued to do business in Russia despite a widespread boycott after the 538: 266:
firm in the world, with Lester Korn serving as Chairman and CEO. In 1987 the firm opened an office in
1622: 1491: 464: 334: 17: 259:, and acquired the UK firm John Stork. In 1979 they acquired Australian-based Guy Pease Associates. 1823: 1501: 1481: 1471: 1424: 120: 1070: 1813: 1759: 1607: 294: 221: 140: 125: 64: 1476: 717: 1793: 1602: 1456: 952: 798: 663: 217: 82: 796: 1567: 951:
Beaverstock, Jonathan V.; Faulconbridge, James R.; Hall, Sarah J. E. (September 19, 2014).
587:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. p. N/A 184: 164: 1322:"Korn Ferry replaces Web.com as the umbrella sponsor of the PGA Tour's developmental tour" 997:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. p. B5 505:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. p. B3 8: 1688: 1537: 1532: 1417: 1562: 1527: 1461: 1378: 797:
Jonathan V. Beaverstock; James R. Faulconbridge; Sarah J.E. Hall (September 19, 2014).
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In 1999 Korn Ferry acquired the German firm Hofman Herbold and the Australian firm
263: 1347:"PGA Tour announces Korn Ferry as umbrella sponsor of newly named Korn Ferry Tour" 400:
that Nosal's was a criminal act under CFAA." In 2018 Nosal was ordered to prison.
1557: 417: 413: 319: 524: 1828: 1808: 1754: 1572: 1542: 1270:"Court Ruling Could Make Sharing Netflix and Spotify Passwords a Federal crime" 622: 436: 430: 308: 50: 1854: 1818: 1051:"Korn Ferry to buy executive development company Pivot Leadership - L.A. Biz" 843:. No. Business/Financial Desk. New York, N.Y., United States. p. D6 58: 817: 1764: 780:
Headhunters and How to Use Them: A Guide for Organisations and Individuals.
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Headhunters and How to Use Them: A Guide for Organisations and Individuals
1699: 1511: 1194: 877: 644: 633: 608:"Korn/Ferry Mulls IPO for Search Firm As a Way to Remain Industry Leader" 287: 248: 233: 1296:"Former Korn Ferry exec David Nosal in prison after lengthy legal fight" 1173:"Recruitment firm Korn/Ferry acquires British headhunter Whitehead Mann" 1018:"Recruitment firm Korn/Ferry acquires British headhunter Whitehead Mann" 1552: 1440: 458: 444: 173: 68: 1798: 682: 440: 283: 256: 1630: 1263: 1261: 409: 381: 377: 252: 39: 828: 525:"Korn/Ferry International Revenue & Earnings Per Share (EPS)" 360:
firm that was acquired by Korn/Ferry International in June 2009.
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In April 2022, the company suspended its operations in Russia.
1258: 1128:"Over 450 Companies Have Withdrawn from Russia—But Some Remain" 863:"Wall Street Journal, Korn/Ferry Form Job-Search Joint Venture" 792: 790: 353: 396:(CFAA). In 2016 the US 9th Circuit Court of Appeals ruled, in 251:
firm Hazzard & Associados. In 1978 they opened offices in
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Executive search, Management Consulting, Outsourcing, SaaS
1645: 489: 576: 599: 584: 503:"Suit Alleges Korn/Ferry Fired Official In Retaliation" 1368: 715: 461:(born 1934), American businessman and public figure 1069: 976: 974: 910: 1221:"Headhunter Carol Leonard to quit Whitehead Mann" 1866:Management consulting firms of the United States 1852: 1218: 1881:Companies listed on the New York Stock Exchange 1032: 971: 837:"A New Executive-Recruiting Service on the Web" 741: 739: 1715: 1425: 855: 736: 709: 691:"Talking Business with Nesbit of Korn/Ferry" 1038: 980: 803:. Routledge. pp. 79–80, 243, 51, 189. 1729: 1722: 1708: 1432: 1418: 1150:"Korn Ferry Russian Operations Suspension" 639: 293:In August 1998, Korn Ferry partnered with 1861:International management consulting firms 1276:. London. Guardian News and Media Limited 722:. Transaction Publishers. pp. 146–. 585:"Headhunter Gets Recruited for U.N. Post" 1071:"Korn Ferry to buy Hay Group for $ 452m" 1068:Strauss, Delphine (September 24, 2015). 778:The Economist, and Nancy Garrison Jenn. 628: 455:member, Korn/Ferry International partner 1170: 1067: 1015: 995:"Here's What Boards Want in Executives" 894: 834: 688: 262:In 1981 the company became the largest 14: 1853: 1241: 1219:Jonathan Russell (February 21, 2009). 1103:"Why Korn/Ferry Stock Just Jumped 13%" 1082:from the original on December 10, 2022 927: 782:London, England : Profile Books. 767: 756: 605: 582: 500: 333:According to a list maintained by the 1703: 1413: 1319: 1267: 992: 823: 1886:Consulting firms established in 1969 1242:Lublin, Joann S. (August 16, 2005). 716:Stewart D. Friedman (January 1987). 661: 550: 548: 1662:List of management consulting firms 928:Tkacik, Maureen (August 21, 2001). 883: 689:Barmash, Isadore (April 21, 1981). 662:Jenn, Nancy Garrison (April 2005). 24: 993:Weber, Lauren (December 9, 2014). 944: 583:Hilder, David B. (July 16, 1987). 501:Lublin, Joann S. (April 2, 2015). 424: 25: 1902: 1891:1969 establishments in California 1497:Information technology consulting 1364: 1171:Andrews, Amanda (June 12, 2009). 1100: 1016:Andrews, Amanda (June 12, 2009). 545: 344: 1804:R. William Funk & Associates 1789:Challenger, Gray & Christmas 1684: 1683: 1385: 1371: 606:Lublin, Joann S. (May 7, 1998). 539:"Korn/Ferry International (KFY)" 180: 179: 160: 159: 38: 1548:Certified management consultant 1339: 1313: 1288: 1268:Smith, Nigel M (July 8, 2016). 1212: 1187: 1164: 1142: 1120: 1094: 1061: 1043: 1009: 888: 772: 697:. New York, N.Y., United States 655: 479:(born 1937), American executive 473:(born 1946), American recruiter 1876:Companies based in Los Angeles 1439: 835:Richtel, Matt (June 8, 1998). 531: 517: 403: 13: 1: 1507:Risk and strategic consulting 483: 387: 394:Computer Fraud and Abuse Act 339:Russian invasion of Ukraine. 7: 1770:Russell Reynolds Associates 1667:List of IT consulting firms 313:Russell Reynolds Associates 10: 1907: 1223:. London: 21 February 2009 453:Canadian Olympic Committee 447:, and hurdles competitor, 227: 27:Management consulting firm 1837: 1778: 1738: 1679: 1654: 1621: 1593: 1586: 1520: 1492:Human resource consulting 1447: 1300:www2.staffingindustry.com 1130:. Yale School of Business 668:. John Wiley & Sons. 465:Stephen Joel Trachtenberg 335:Yale School of Management 201: 191: 171: 155: 147: 133: 116: 106: 88: 78: 56: 46: 37: 1824:Transearch International 1814:Rosenzweig & Company 1760:Heidrick & Struggles 1502:Public sector consulting 1482:Environmental consulting 1472:Biotechnology consulting 1152:. Korn Ferry. April 2022 121:1900 Avenue of the Stars 1608:Boston Consulting Group 295:The Wall Street Journal 238:Peat, Marwick, Mitchell 222:Los Angeles, California 126:Los Angeles, California 1871:Executive search firms 1603:McKinsey & Company 1477:Engineering consulting 556:"Korn Ferry Form 10-K" 439:(born 1960), Canadian 408:On June 19, 2019, the 398:United States v Nosal, 220:firm headquartered in 94:; 54 years ago 92:November 14, 1969 1794:Neumann International 1457:Management consulting 1057:on February 17, 2015. 719:Leadership Succession 218:management consulting 83:Professional services 73:S&P 600 Component 1568:Fixed-price contract 1320:Hennessey, Stephen. 187:102.7 million (FY19) 167:1.926 billion (FY19) 1743:firms in the world* 1538:Business networking 1533:Business consultant 1175:. London: Telegraph 378:Palladian Investors 302:Amrop International 193:Number of employees 34: 1841:* by 2015 revenue. 1613:Bain & Company 1528:Accounting network 1462:Assurance services 1379:Los Angeles portal 32: 1848: 1847: 1697: 1696: 1675: 1674: 1636:Ernst & Young 1578:Shareholder value 1563:Strategy+Business 1487:Financial adviser 810:978-1-317-67535-8 729:978-0-88738-162-1 268:Bangkok, Thailand 211: 210: 206:www.kornferry.com 16:(Redirected from 1898: 1780:Executive search 1741:executive search 1731:Executive search 1724: 1717: 1710: 1701: 1700: 1687: 1686: 1591: 1590: 1434: 1427: 1420: 1411: 1410: 1406: 1405: 1403:Official website 1395: 1393:Companies portal 1390: 1389: 1388: 1381: 1376: 1375: 1374: 1359: 1358: 1356: 1354: 1343: 1337: 1336: 1334: 1332: 1317: 1311: 1310: 1308: 1306: 1292: 1286: 1285: 1283: 1281: 1265: 1256: 1255: 1253: 1251: 1239: 1233: 1232: 1230: 1228: 1216: 1210: 1209: 1207: 1205: 1191: 1185: 1184: 1182: 1180: 1168: 1162: 1161: 1159: 1157: 1146: 1140: 1139: 1137: 1135: 1124: 1118: 1117: 1115: 1113: 1098: 1092: 1091: 1089: 1087: 1073: 1065: 1059: 1058: 1053:. 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PGA Tour 1227:August 27, 1195:"About us" 1179:August 27, 484:References 459:Ron Pelosi 451:Chairman, 445:heptathlon 388:Litigation 214:Korn Ferry 174:Net income 135:Key people 99:1969-11-14 33:Korn Ferry 1799:PageGroup 1450:expertise 1448:Areas of 1134:March 29, 1086:April 25, 441:decathlon 284:Indonesia 257:Hong Kong 59:Traded as 18:Hay Group 1689:Category 1631:Deloitte 1623:Big Four 1353:June 24, 1331:June 24, 1156:July 30, 1112:July 26, 1080:Archived 410:PGA Tour 382:Och-Ziff 290:(1998). 282:(1995), 278:(1994), 253:Malaysia 148:Products 107:Founders 79:Industry 1305:May 16, 356:-based 228:History 202:Website 156:Revenue 97: ( 89:Founded 67::  1655:Others 1521:Others 961:  807:  726:  672:  354:London 352:was a 51:Public 1782:firms 1733:firms 1587:Lists 1467:Audit 559:(PDF) 280:China 276:India 216:is a 185:US $ 165:US $ 128:, USA 1641:KPMG 1355:2019 1333:2019 1307:2019 1282:2016 1252:2016 1229:2011 1206:2020 1181:2011 1158:2022 1136:2022 1114:2018 1088:2019 1026:2016 1003:2016 982:MN). 959:ISBN 938:2016 871:2016 849:2016 805:ISBN 724:ISBN 703:2016 670:ISBN 616:2016 593:2016 570:2021 511:2016 311:and 255:and 65:NYSE 1646:PwC 1595:MBB 366:AIM 141:CEO 69:KFY 1857:: 1324:. 1298:. 1272:. 1260:^ 1197:. 1105:. 1078:. 1074:. 973:^ 839:. 789:^ 738:^ 693:. 561:. 547:^ 491:^ 443:, 240:. 123:, 1723:e 1716:t 1709:v 1433:e 1426:t 1419:v 1357:. 1335:. 1309:. 1284:. 1254:. 1231:. 1208:. 1183:. 1160:. 1138:. 1116:. 1090:. 1028:. 1005:. 967:. 940:. 873:. 851:. 813:. 732:. 705:. 678:. 618:. 595:. 572:. 541:. 527:. 513:. 143:) 101:) 20:)

Index

Hay Group

Public
Traded as
NYSE
KFY
S&P 600 Component
Professional services
1900 Avenue of the Stars
Los Angeles, California
CEO
US $
Net income
US $
www.kornferry.com
management consulting
Los Angeles, California
Los Angeles
Peat, Marwick, Mitchell
Tokyo, Japan
Mexico City
Malaysia
Hong Kong
executive search
Bangkok, Thailand
India
China
Indonesia
South Korea
The Wall Street Journal

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