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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.
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Korn Ferry (NYSE: KFY) reported record third quarter fee revenue of $475.4 million, a 9% sequential growth. Diluted earnings per share (EPS) reached an all-time high of $0.94, while adjusted diluted EPS was $0.95. Despite this, fee revenue was down 8% year-over-year, mainly due to declines in Digital and Executive Search segments. Operating income surged to $65.2 million with a margin of 13.7%. Korn Ferry expects Q4 FY'21 fee revenue between $475 million and $500 million, and EPS between $0.95 and $1.05.
Korn Ferry (NYSE: KFY) has appointed Christopher Seitz as senior client partner in its Global Financial Services practice, focusing on asset and wealth management from the Boston office. Seitz, with over 20 years of executive search experience, previously founded Seitz Partners. His expertise covers front office and functional roles across investment management, consulting firms, and insurance companies. Chad Astmann, Korn Ferry’s global co-head of Asset Management, expressed optimism about Seitz's contributions, emphasizing the firm’s extensive expertise and offerings.
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.
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