Korn/Ferry
 | |
| Type | Public |
|---|---|
| Traded as | NYSE: KFY |
| Industry | Executive Search |
| Founded | Los Angeles, California (1969) |
| Headquarters | Los Angeles, California, USA |
| Key people |
Founders: Lester Korn, Richard Ferry CEO: Gary Burnison |
| Revenue |
 US $619 million (Q3 FY12) |
| Net income |
US $42 million (Q3 FY12) |
| Employees | 2,400 (2011) |
| Website | www.kornferry.com |
Korn/Ferry International, headquartered in Los Angeles, is the world's largest executive search firm,[1] and the largest publicly traded search firm in the United States,[2] with 76 offices in North America, Europe, Asia/Pacific, Latin America, the Middle East and Africa. Since the firm's inception, it has conducted over 100,000 senior-level searches.[3] In the 2008 fiscal year the company produced a global revenue of $790.6 million and had 2,584 employees.[4] With its 539 consultants globally, Korn/Ferry International ranked 3rd in the HSZ Media Ranking "The Global 20 - Americas Leading International Search Firms (ISSUE APRIL 2013),[5] in which the International Executive Search Federation (The Aslon Group) ranked 1st, and AIMS International ranked 2nd.
The firm was founded in 1969 by Lester Korn and Richard Ferry.[6] Gary Burnison, a former partner of KPMG, serves as the current CEO. Korn/Ferry assists organizations in attracting, engaging, developing, and retaining their people. Services range from executive recruitment to leadership development programs, enterprise learning, succession planning and recruitment outsourcing.
Futurestep, a Korn/Ferry company, was founded in 1998 and is a global industry leader[citation needed] in recruitment solutions; offering customized strategies to help organizations meet specific workforce needs.[citation needed]
In June 2009, Korn/Ferry acquired the London-based executive search firm Whitehead Mann, a leading international talent management firm known for its CEO and board relationships and significant roster of clients throughout Europe.[citation needed]
In 2011 the notable court case United States v. Nosal resulted in a ruling from the United States Court of Appeals for the Ninth Circuit which holds that employees can not be criminally prosecuted under the Computer Fraud and Abuse Act (CFAA) for violating their employer’s computer use policies.
References
- ↑ "Korn/Ferry Profit Doubles". Los Angeles Times. 2005-03-09. pp. C–2. Retrieved 2009-02-09.
- ↑ Huslin, Anita (2009-02-09). "Search Firms Feel Chill of Recession". Washington Post. Retrieved 2009-02-09.
- ↑ Reese, John (2008-01-31). "KFY Is a Good Fit". TheStreet.com. Retrieved 2009-02-09.
- ↑ Reilly, Paul C. "Korn/Ferry Annual report to shareholders 2008". Korn/Ferry International. Retrieved 2009-01-31.
- ↑ HSZ Media (ISSUE APRIL 2013). The Global 20 - Americas Leading International Search Firms / April, 2013
- ↑ "Hot Growth Special Report 2006". Business Week. 2006. Retrieved 2009-02-09.