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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
329:
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,
368:
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.
363:
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.
274:
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
757:
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.
768:
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.
1865:
1880:
392:
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
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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
243:
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
307:
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
1885:
1220:
326:
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:
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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.
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Teo, Anna (May 15, 2001). "Internet Recruitment Does Not Work : Russell Reynolds". Singapore: The Business Times Singapore. p. 1.
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865:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. June 8, 1998. p. B11
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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:
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.
917:"Korn/Ferry International". No. Appointment Notices-Adv't. The Globe and Mail (Canada). January 19, 2011. p. B10.
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610:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. B20
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and Korn Ferry announced they had entered a 10-year agreement making Korn Ferry the Umbrella Sponsor of the newly named
393:
72:
1246:. No. Eastern edition. New York, N.Y., United States: Wall Street Journal. Dow Jones & Company Inc. p. B1
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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.
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651:"Korn/Ferry Delighted With Appointment". Malaysia: The New Straits Times Press (M) Bhd. Media Prima. January 14, 1997.
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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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1471:
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120:
895:
Boreham, Tim (June 24, 1999). "Korn Ferry Headhunts Amrop Arm". No. Finance. The Australian. p. 22.
1813:
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1607:
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
800:
The Globalization of Executive Search: Professional Services Strategy and Dynamics in the Contemporary World
294:
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337:, in March 2022, the company continued to do business in Russia despite a widespread boycott after the
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firm in the world, with Lester Korn serving as Chairman and CEO. In 1987 the firm opened an office in
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259:, and acquired the UK firm John Stork. In 1979 they acquired Australian-based Guy Pease Associates.
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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
1557:
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
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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
244:
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.
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233:
1270:"Court Ruling Could Make Sharing Netflix and Spotify Passwords a Federal crime"
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39:
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
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283:
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780:
Headhunters and How to Use Them: A Guide for Organisations and Individuals.
665:
Headhunters and How to Use Them: A Guide for Organisations and Individuals
1699:
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608:"Korn/Ferry Mulls IPO for Search Firm As a Way to Remain Industry Leader"
409:
381:
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252:
17:
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"
68:
353:
1263:
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279:
275:
525:"Korn/Ferry International Revenue & Earnings Per Share (EPS)"
360:
firm that was acquired by Korn/Ferry International in June 2009.
341:
In April 2022, the company suspended its operations in Russia.
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1413:
1128:"Over 450 Companies Have Withdrawn from Russia—But Some Remain"
863:"Wall Street Journal, Korn/Ferry Form Job-Search Joint Venture"
792:
790:
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396:(CFAA). In 2016 the US 9th Circuit Court of Appeals ruled, in
251:
firm Hazzard & Associados. In 1978 they opened offices in
1409:
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496:
494:
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433:(born 1960), Indian American academic and computer scientist
205:
930:"Korn/Ferry to Slash Work Force By 20% in New Round of Job"
467:(born 1937), 15th President of George Washington University
151:
Executive search, Management Consulting, Outsourcing, SaaS
584:
503:"Suit Alleges Korn/Ferry Fired Official In Retaliation"
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461:(born 1934), American businessman and public figure
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1221:"Headhunter Carol Leonard to quit Whitehead Mann"
1866:Management consulting firms of the United States
1881:Companies listed on the New York Stock Exchange
837:"A New Executive-Recruiting Service on the Web"
741:
739:
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1425:
8:
691:"Talking Business with Nesbit of Korn/Ferry"
32:
803:. Routledge. pp. 79–80, 243, 51, 189.
1722:
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1700:
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1410:
1150:"Korn Ferry Russian Operations Suspension"
293:In August 1998, Korn Ferry partnered with
31:
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.
455:member, Korn/Ferry International partner
995:"Here's What Boards Want in Executives"
488:
262:In 1981 the company became the largest
1219:Jonathan Russell (February 21, 2009).
1103:"Why Korn/Ferry Stock Just Jumped 13%"
1082:from the original on December 10, 2022
782:London, England : Profile Books.
333:According to a list maintained by the
7:
1886:Consulting firms established in 1969
1242:Lublin, Joann S. (August 16, 2005).
716:Stewart D. Friedman (January 1987).
550:
548:
1662:List of management consulting firms
928:Tkacik, Maureen (August 21, 2001).
689:Barmash, Isadore (April 21, 1981).
662:Jenn, Nancy Garrison (April 2005).
993:Weber, Lauren (December 9, 2014).
583:Hilder, David B. (July 16, 1987).
501:Lublin, Joann S. (April 2, 2015).
25:
1891:1969 establishments in California
1497:Information technology consulting
1171:Andrews, Amanda (June 12, 2009).
1016:Andrews, Amanda (June 12, 2009).
1804:R. William Funk & Associates
1789:Challenger, Gray & Christmas
1684:
1683:
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1371:
606:Lublin, Joann S. (May 7, 1998).
539:"Korn/Ferry International (KFY)"
180:
179:
160:
159:
38:
1548:Certified management consultant
1268:Smith, Nigel M (July 8, 2016).
697:. New York, N.Y., United States
479:(born 1937), American executive
473:(born 1946), American recruiter
1876:Companies based in Los Angeles
835:Richtel, Matt (June 8, 1998).
1:
1507:Risk and strategic consulting
394:Computer Fraud and Abuse Act
339:Russian invasion of Ukraine.
1770:Russell Reynolds Associates
1667:List of IT consulting firms
313:Russell Reynolds Associates
1907:
1223:. London: 21 February 2009
453:Canadian Olympic Committee
447:, and hurdles competitor,
27:Management consulting firm
1837:
1679:
1492:Human resource consulting
1300:www2.staffingindustry.com
1130:. Yale School of Business
668:. John Wiley & Sons.
465:Stephen Joel Trachtenberg
335:Yale School of Management
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
1848:
1847:
1697:
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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:
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206:www.kornferry.com
16:(Redirected from
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380:, a division of
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112:Richard Ferry
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1765:Egon Zehnder
1749:
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1341:
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1299:
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1280:December 19,
1278:. Retrieved
1274:The Guardian
1273:
1250:December 12,
1248:. Retrieved
1237:
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1122:
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1075:
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1055:the original
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1001:December 20,
999:. Retrieved
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242:
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117:Headquarters
47:Company type
29:
1512:Tax advisor
1326:Golf Digest
1024:December 7,
847:December 9,
701:December 9,
591:December 8,
568:January 27,
509:December 8,
404:Sponsorship
372:During the
288:South Korea
249:Mexico City
234:Los Angeles
110:Lester Korn
1855:Categories
1750:Korn Ferry
1739:5 largest
1553:Consultant
1441:Consulting
1349:. 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
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1521:Others
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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
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