Korn Ferry Management

Management criteria checks 2/4

Korn Ferry's CEO is Gary Burnison, appointed in Jul 2007, has a tenure of 16.92 years. total yearly compensation is $11.52M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth €17.20M. The average tenure of the management team and the board of directors is 14.5 years and 6.9 years respectively.

Key information

Gary Burnison

Chief executive officer

US$11.5m

Total compensation

CEO salary percentage	8.7%
CEO tenure	16.9yrs
CEO ownership	0.5%
Management average tenure	14.5yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gary Burnison's remuneration changed compared to Korn Ferry's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 30 2024	n/a	n/a	US$169m
Jan 31 2024	n/a	n/a	US$148m
Oct 31 2023	n/a	n/a	US$101m
Jul 31 2023	n/a	n/a	US$175m
Apr 30 2023	US$12m	US$1m	US$205m
Jan 31 2023	n/a	n/a	US$248m
Oct 31 2022	n/a	n/a	US$319m
Jul 31 2022	n/a	n/a	US$322m
Apr 30 2022	US$10m	US$985k	US$319m
Jan 31 2022	n/a	n/a	US$294m
Oct 31 2021	n/a	n/a	US$262m
Jul 31 2021	n/a	n/a	US$216m
Apr 30 2021	US$11m	US$796k	US$112m
Jan 31 2021	n/a	n/a	US$46m
Oct 31 2020	n/a	n/a	US$16m
Jul 31 2020	n/a	n/a	US$30m
Apr 30 2020	US$4m	US$910k	US$104m
Jan 31 2020	n/a	n/a	US$154m
Oct 31 2019	n/a	n/a	US$179m
Jul 31 2019	n/a	n/a	US$183m
Apr 30 2019	US$9m	US$910k	US$102m
Jan 31 2019	n/a	n/a	US$93m
Oct 31 2018	n/a	n/a	US$75m
Jul 31 2018	n/a	n/a	US$65m
Apr 30 2018	US$9m	US$910k	US$132m

Compensation vs Market: Gary's total compensation ($USD11.52M) is above average for companies of similar size in the German market ($USD2.26M).

Compensation vs Earnings: Gary's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Gary Burnison (63 yo)

16.9yrs

Tenure

US$11,517,445

Compensation

Mr. Gary D. Burnison has been the President and Chief Executive Officer at Korn Ferry since July 2007 and also has been its Executive Director since June 5, 2007. He has been the President and Chief Execut...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Burnison	President	16.9yrs	US$11.52m	0.54% $ 17.2m
Robert Rozek	Executive VP	12.3yrs	US$4.54m	0.26% $ 8.2m
Michael Distefano	CEO of Professional Search & Interim and President of Search Innovation & Delivery Team	16.7yrs	US$1.60m	0.094% $ 3.0m
Mark Arian	Chief Executive Officer of Consulting	no data	US$3.55m	0.060% $ 1.9m
Navnit Singh	Chairman & Country Head of India	no data	no data	no data
Steve Newhall	Managing Partner	no data	no data	no data
Bryan Ackermann	Chief Information Officer and Senior Vice President	11yrs	no data	no data
Gregg Kvochak	Senior Vice President of Finance	no data	no data	no data
Stewart Goldman	Senior Client Partner and Global Co-Head Of Risk & Compliance	no data	no data	no data
Jonathan Kuai	General Counsel	no data	no data	no data
Brian Suh	Senior Vice President of Corporate Development	16.7yrs	no data	no data
Jill Wiltfong	Chief Marketing Officer	6.4yrs	no data	no data

14.5yrs

Average Tenure

63yo

Average Age

Experienced Management: KFY's management team is seasoned and experienced (14.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Burnison	President	17yrs	US$11.52m	0.54% $ 17.2m
Angel Martinez	Independent Director	6.9yrs	US$292.15k	0.044% $ 1.4m
Debra Perry	Independent Director	16.3yrs	US$307.15k	0.079% $ 2.5m
Matthew Espe	Independent Director	less than a year	no data	no data
Charles Harrington	Independent Director	1.8yrs	US$292.93k	0.011% $ 359.3k
Doyle Beneby	Independent Director	8.8yrs	US$309.89k	no data
Stefan Steger	Country Chairman of Switzerland	no data	no data	no data
Jerry Leamon	Independent Non-Executive Chair of Board	11.6yrs	US$437.15k	0.025% $ 795.6k
Lori Robinson	Independent Director	4.7yrs	US$282.15k	0.030% $ 947.7k
Laura Bishop	Independent Director	2.8yrs	US$292.15k	0.011% $ 363.5k

6.9yrs

Average Tenure

65yo

Average Age

Experienced Board: KFY's board of directors are considered experienced (6.9 years average tenure).

Korn Ferry Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Executive Officer of Consulting recently sold €1.2m worth of stock

Key Executive recently sold €601k worth of stock

Korn Ferry Announces Appointment of Matt Espe to the Board of Directors

Korn Ferry, Annual General Meeting, Sep 21, 2023

Korn Ferry Announces Management Changes

Innovation Works Announces Executive Changes

Recent updates

Chief Executive Officer of Consulting recently sold €1.2m worth of stock

Fourth quarter dividend of US$0.37 announced

Full year 2024 earnings released: EPS: US$3.31 (vs US$3.98 in FY 2023)

Korn Ferry Increases Regular Quarterly Dividend, Payable on July 31, 2024

Korn Ferry to Report Q4, 2024 Results on Jun 13, 2024

Now 21% overvalued after recent price rise

Upcoming dividend of US$0.33 per share

Key Executive recently sold €601k worth of stock

Now 21% overvalued after recent price rise

Third quarter dividend of US$0.33 announced

Third quarter 2024 earnings released: EPS: US$1.16 (vs US$0.21 in 3Q 2023)

Korn Ferry Provides Earnings Guidance for the Fourth Quarter of Fiscal 2024

Korn Ferry to Report Q3, 2024 Results on Mar 06, 2024

Upcoming dividend of US$0.33 per share at 2.4% yield

New minor risk - Dividend sustainability

Second quarter 2024 earnings released: US$0.033 loss per share (vs US$1.39 profit in 2Q 2023)

Korn Ferry Provides Consolidated Earnings Guidance for the Third Quarter of 2024

Korn Ferry Announces Quarterly Dividend, Payable on January 12, 2024

Korn Ferry to Report Q2, 2024 Results on Dec 06, 2023

Korn Ferry Announces Appointment of Matt Espe to the Board of Directors

Upcoming dividend of US$0.18 per share at 1.5% yield

Korn Ferry Declares Cash Dividend, Payable on October 13, 2023

First quarter 2024 earnings released: EPS: US$0.92 (vs US$1.46 in 1Q 2023)

Korn Ferry to Report Q1, 2024 Results on Sep 07, 2023

Now 20% undervalued

Korn Ferry, Annual General Meeting, Sep 21, 2023

Korn Ferry Announces Management Changes

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$4.07 (vs US$6.04 in FY 2022)

Korn Ferry Increases Quarterly Cash Dividend, Payable on July 31, 2023

Korn Ferry(NYSE:KFY) dropped from Russell Small Cap Comp Growth Index

Korn Ferry to Report Q4, 2023 Results on Jun 27, 2023

Upcoming dividend of US$0.15 per share at 1.2% yield

Third quarter 2023 earnings released: EPS: US$0.22 (vs US$1.55 in 3Q 2022)

Korn Ferry (NYSE:KFY) acquired Salo, LLC.

Korn Ferry (NYSE:KFY) entered into a definitive agreement to acquire Salo, LLC.

Korn Ferry (NYSE:KFY) entered into a definitive agreement to acquire Salo, LLC.

Upcoming dividend of US$0.15 per share

Second quarter 2023 earnings released: EPS: US$1.42 (vs US$1.40 in 2Q 2022)

Korn Ferry Provides Earnings Guidance for the Third Quarter of 2023

Korn Ferry to Report Q2, 2023 Results on Dec 08, 2022

Innovation Works Announces Executive Changes

Korn Ferry Announces Executive Changes

Upcoming dividend of US$0.15 per share

First quarter 2023 earnings released: EPS: US$1.49 (vs US$1.38 in 1Q 2022)

Korn Ferry Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal Year 2023

Korn Ferry to Report Q1, 2023 Results on Sep 07, 2022

Korn Ferry, Annual General Meeting, Sep 22, 2022

Korn Ferry (NYSE:KFY) acquired Infinity Consulting Solutions, Inc.

Upcoming dividend of US$0.15 per share

Korn Ferry(NYSE:KFY) dropped from Russell 2000 Value-Defensive Index

Full year 2022 earnings released: EPS: US$6.18 (vs US$2.11 in FY 2021)

Korn Ferry Approves Regular Quarterly Cash Dividend, Payable on July 29, 2022

Korn Ferry to Report Q4, 2022 Results on Jun 22, 2022

Upcoming dividend of US$0.12 per share

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Korn Ferry to Report Q3, 2022 Results on Mar 09, 2022

Korn Ferry Appoints Sherry Duda as Senior Client Partner

President recently sold €671k worth of stock

Korn Ferry Launches Ai-Powered Intelligence Cloud

Upcoming dividend of US$0.12 per share

Korn Ferry Provides Earnings Guidance for the Third Quarter of Fiscal 2022

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

High number of new directors

Executive VP recently sold €1.3m worth of stock

Upcoming dividend of US$0.12 per share

Executive VP recently sold €641k worth of stock

First quarter 2022 earnings released: EPS US$1.38 (vs US$0.58 loss in 1Q 2021)

Executive VP recently sold €2.1m worth of stock