EX-99.1
Published on March 6, 2009
Exhibit 99.1
KORN/FERRY INTERNATIONAL | NEWS |
MEDIA CONTACT:
Michael Distefano
+ 1 (310) 843 4199
Michael.Distefano@kornferry.com
Michael Distefano
+ 1 (310) 843 4199
Michael.Distefano@kornferry.com
Korn/Ferry Announces Leadership Succession Plans
Paul C. Reilly to Transition Out of Executive Chairman Role Upon End of Fiscal Year
LOS ANGELES, Calif., March 2, 2009 Korn/Ferry International (NYSE: KFY), a premier global
provider of talent management solutions, today announced that Paul C. Reilly will be stepping down
from his roles as Executive Chairman and President of Korn/Ferrys EMEA division effective April
30, 2009 as part of a planned succession effort. Mr. Reilly has accepted the role of President of
Raymond James Financial, a diversified financial services company, headquartered in St. Petersburg,
Florida. Mr. Reilly has served on the Raymond James board of directors since 2005.
Mr. Reilly joined Korn/Ferry in June 2001 as Chairman and Chief Executive Officer. During his
tenure, Mr. Reilly spearheaded the Firms transformational strategy from an executive recruiting to
a diversified talent management solutions provider. In April of 2007, Korn/Ferry announced the
transition of the role of Chief Executive Officer from Mr. Reilly to Gary D. Burnison.
Korn/Ferry is forever grateful to Paul Reilly, said Mr. Burnison. Under his stewardship, we
regained the top spot in the industry, established a culture built around collaboration and best
teaming and have put the pieces in place to further our transformation as a leading talent
management solutions provider. Although our succession has been well-planned and the transition
proceeded exceedingly smoothly, it is still bittersweet to see Paul depart for his next adventure.
We wish him well.
I am very proud of the people, the progress and the achievements we have made at Korn/Ferry over
the past eight years, said Mr. Reilly. During this time we have created something very unique,
bringing science to a time-tested art and expanding our capabilities to help our clients manage the
retention and development of its people, not just the attraction of new talent. I am thankful for
the numerous deep and personal relationships I have made here and I will remain close to the
organization as it makes new strides and breaks new ground in the years ahead.
About Korn/Ferry International
Korn/Ferry International (NYSE:KFY), with more than 90 offices in 40 countries, is a premier global
provider of talent management solutions. Based in Los Angeles, the firm delivers an array of
solutions that help clients to identify, deploy, develop, retain and reward their talent. For more
information on the Korn/Ferry International family of companies, visit www.kornferry.com.