Korn Ferry

Kansas is an American rock band that became popular in the 1970s initially on album-oriented rock charts and later with hit singles such as "Carry On Wayward Son" and "Dust in the Wind". The band has produced nine gold albums, three multi-platinum albums (Leftoverture 6x, Point of Know Return 4x, The Best of Kansas 4x), one other platinum studio album (Monolith), one platinum live double album (Two for the Show), and a million-selling single, "Dust in the Wind". Kansas appeared on the Billboard charts for over 200 weeks throughout the 1970s and 1980s and played to sold-out arenas and stadiums

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 Computer Fraud and Abuse Act (CFAA) noting that he "acted 'without authorization' in violation of the law." In 2016 the US 9th Circuit Court of Appeals decided United States v Nosal, ruling that Nosal's "activity now constitutes a criminal act, under the Computer Fraud and Abuse Act (CFAA)." In 2018 Nosal was ordered to prison.


Korn Ferry is a management consulting firm headquartered in Los Angeles, California. It was founded in 1969 and as of 2019, operates in 104 offices in 52 countries and employs 8,678 people worldwide. Korn Ferry trades through three business segments: Korn Ferry Executive Search, Korn Ferry Advisory and Korn Ferry RPO and Professional Search.


  • founded
  • accounting
  • initial
  • offering
  • reacquired
  • outstanding
  • private
  • opening
  • company
  • offices


Korn Ferry was founded in 1969 by Lester Korn and Richard Ferry. The two first met in 1962, when they worked for Los Angeles accounting firm Peat, Marwick, Mitchell.In 1999 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 Tokyo, Japan-based Korn Ferry International Japan in 1973. With the opening in 1975 of Korn Ferry International Singapore the company had 41 offices in 20 countries. In 1977 they acquired the Mexico City firm Hazzard & Associados. In 1978 they opened offices in Malaysia and Hong Kong, and acquired the UK firm John Stork. In 1979 they acquired Australian-based Guy Pease Associates.In 1981 the company became the largest executive search firm in the world, with Lester Korn serving as Chairman and CEO. In 1987 the firm opened an office in Bangkok, Thailand. 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.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 acquired Carre Orban and Partners and merged its European operations into a firm branded in Europe as Korn/Ferry Carre/Orban International. The firm opened their first offices in India (1994), China (1995), Indonesia (1996), and South Korea (1998).In August 1998, Korn Ferry partnered with The Wall Street Journal to start Futurestep.com, aimed at the middle management level. By 2001 Futurestep had been rolled out to 22 countries with worldwide losses of $60 million since beginning in May 1998 with $23M in the nine months to Jan 31, 2001.In 1999 Korn Ferry acquired the German firm Hofman Herbold and also the Australian firm Amrop International. In 2000 acquiring the London-based PA Consulting Group for an estimated $35M. In 2000 they purchased Boston-based financial services search firm Westgate Group, and Canada-based Pratzer & Partners Inc.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 Spencer Stuart and Russell Reynolds Associates. 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."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 Shanghai, China, 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.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 2007. In 2008 they acquired Lore International Institute, and in June 2009, they acquired the London-based Whitehead Mann. In 2010 they acquired Sensa 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.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.


On June 19, 2019, the PGA Tour and Korn Ferry announced they have entered a 10-year agreement making Korn Ferry the Umbrella Sponsor of the newly named Korn Ferry Tour. In replacing Web.com, Korn Ferry's sponsorship extends through the 2028 season. The Korn Ferry Tour 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.