Korn Ferry reports news on its global consulting business, including executive search, professional search and interim staffing, recruitment process outsourcing, consulting and digital talent solutions. Company updates commonly cover quarterly fee revenue, earnings, segment performance, signed-contract activity and non-GAAP operating measures tied to its talent and organizational consulting model.
Recurring announcements also include product and platform launches such as Korn Ferry Talent Suite, recognition in executive recruiting and professional search rankings, dividend actions, board and committee changes, and other governance developments. The company frames its services around synchronizing strategy, operations and talent for organizations across major industries.
Korn Ferry (NYSE: KFY) has appointed Sherry Duda as a senior client partner in its Consulting business, focusing on organization strategy. Duda, based in Chicago, will lead the mergers and acquisitions practice in North America. She brings 20 years of global consulting experience, having previously led the North American organization acceleration practice at a global advisory firm. Her background includes executive roles in Fortune 100 companies and experience in the BP-Amoco merger. Laura Manson-Smith, Global Leader of Organization Strategy Consulting, expresses confidence in Duda’s capability to enhance the company's growth strategy.
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Korn Ferry (NYSE: KFY) announced the addition of Lars Rønn as a senior client partner in the Life Sciences practice, based in Copenhagen. Rønn joins from a global executive search firm, where he focused on the Healthcare sector, particularly in the pharmaceutical and biotechnology fields. His extensive experience includes commercial roles in publicly listed medical device and diagnostic firms. With a Bachelor of Science from the Copenhagen Business School, Rønn is expected to enhance Korn Ferry's talent strategy capabilities.
Korn Ferry (NYSE: KFY) has appointed John Stefanek as a senior client partner in its Global Technology Markets and Technology Officers Practice, located in Chicago. Previously at a global executive search firm, Stefanek has extensive experience in technology and healthcare sectors, focusing on leadership recruitment. His expertise aims to enhance client relationships and foster long-term growth. Tarun Inuganti, Managing Partner, praised Stefanek's skills in navigating talent and leadership challenges, positioning him as a valuable asset for the firm.
Korn Ferry (NYSE: KFY) has launched the Korn Ferry Intelligence Cloud, an AI-enabled talent analytics platform aimed at enhancing talent acquisition and management. This platform integrates labor market data with clients' HRIS data to tackle workforce shortages. It provides real-time insights for strategic talent decisions and helps design future workforce blueprints. The initiative emphasizes optimizing talent management to maintain a competitive edge and accelerate talent mobility.
Korn Ferry reports record Q2 FY’22 fee revenue of $639.4 million, marking a 47% increase from Q2 FY’21 and a 9% rise from Q1 FY’22. The company achieved record net income of $75.8 million with diluted EPS of $1.38 and adjusted diluted EPS of $1.53. Operating income reached $103.8 million (16.2% margin) while adjusted EBITDA was $134.9 million (21.1% margin). A quarterly dividend of $0.12 per share was declared. Korn Ferry’s growth is attributed to strong new business in consulting and digital services against a backdrop of workforce transformation.
Korn Ferry (NYSE: KFY) has announced the appointment of Jaime Massar as a senior client partner in its global Legal practice, based in Los Angeles. Massar joins from another executive search firm, bringing expertise in placing general counsels and senior legal officers in high-growth sectors. Doug Charles, President of Americas at Korn Ferry, expressed confidence that her skills and relationships will enhance service for clients during transformational periods. Massar holds a BA in history and a Juris Doctor from respected institutions and is a member of the State Bar of California.
Korn Ferry (NYSE:KFY) has announced the launch of a new book titled The Five Graces of Life and Leadership. This book explores essential leadership qualities needed in today's work environment, emphasizing five key attributes: Gratitude, Resilience, Aspiration, Courage, and Empathy. CEO Gary D. Burnison highlights the importance of community and connectivity in leadership, especially in a hybrid work setting. The book aims to provide guidance for leaders navigating rapid changes in business and social landscapes.
Korn Ferry (NYSE:KFY) will release its financial results for the second quarter of fiscal year 2022 on December 8, 2021. The announcement will occur before the market opens, with a live webcast scheduled for 12:00 p.m. EST on the same day, featuring CEO Gary Burnison and CFO Robert Rozek. Investors can access the webcast and accompanying slides via Korn Ferry's investor relations website.
As a global organizational consulting firm, Korn Ferry aids clients in designing effective organizational structures and workforce management.