Stock Research and Analysis
by Vishnu LekrajKorn/Ferry International is one of the leaders in helping businesses fill their management needs, and its acquired expertise has allowed it to competently fill a variety of executive positions in many industries. The firm operates in a highly cyclical Read more 
Bulls Say
Changing U.S. demographics could help Korn/Ferry increase revenue as baby boomers retire.
A retained fee structure guarantees that the firm will be paid even if it does not fill a client's request.
The firm's brand is recognized as an established and reliable player in the executive search market. Read more
Bears Say
The firm heavily relies on its employees' relationships with clients and potential candidates and stands to lose a great deal if an employee were to depart.
Korn/Ferry is very sensitive to economic cyclicality, as revenue and margins swing wildly during different phases of a business cycle.
The number of executive management positions in the U.S. have decreased over the past decade, and this trend could offset the baby boomer retirement effect.
Executive compensation has fallen materially, and this will affect the fee Korn/Ferry receives. Read more
Strategy
Korn/Ferry has sought to move into other management recruitment markets outside of high-level executive placement. Through its Futurestep division, the firm has helped firms with placements for midlevel Read more
Management
In our opinion, stewardship at Korn/Ferry has been fair. We like that the CEO and chairman roles are separated, with Gary Burnison serving as CEO since July 2007. His short tenure does give us pause, but we believe that chairman of the board and former Read more
Profile
Korn/Ferry International is a management recruitment firm that helps clients fill mid- to high-level management positions. In fiscal 2008, the firm had approximately 11, Read more
Daily Dividend Reports: PEP, ADP, L, AVP, PKY
Watch more
Watch more
View all of our analyst reports with a free trial to Morningstar.com Premium.
