0001193125-17-088439.txt : 20170320 0001193125-17-088439.hdr.sgml : 20170320 20170320092203 ACCESSION NUMBER: 0001193125-17-088439 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170317 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170320 DATE AS OF CHANGE: 20170320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KORN FERRY INTERNATIONAL CENTRAL INDEX KEY: 0000056679 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EMPLOYMENT AGENCIES [7361] IRS NUMBER: 952623879 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14505 FILM NUMBER: 17700227 BUSINESS ADDRESS: STREET 1: 1900 AVENUE OF THE STARS STREET 2: SUITE 2600 CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3105521834 MAIL ADDRESS: STREET 1: 1900 AVENUE OF THE STARS STREET 2: SUITE 2600 CITY: LOS ANGELES STATE: CA ZIP: 90067 8-K 1 d334815d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 17, 2017

 

 

KORN/FERRY INTERNATIONAL

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   001-14505   95-2623879

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1900 Avenue of the Stars, Suite 2600

Los Angeles, California

  90067
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (310) 552-1834

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 28, 2017, Stephen Kaye’s employment with Korn/Ferry International (the “Company”) will end. Mr. Kaye will receive severance benefits consistent with his previously disclosed employment letter.

 

Item 8.01 Other Events.

Effective April 3, 2017, Mark Arian will succeed Mr. Kaye and serve as the Chief Executive Officer of the Company’s Hay Group. A copy of the press release announcing Mr. Arian’s appointment as Chief Executive Officer of the Company’s Hay Group is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits

 

99.1    Press Release, dated March 20, 2017.
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      KORN/FERRY INTERNATIONAL
                            (Registrant)
Date: March 20, 2017    
   

/s/ Jonathan Kuai

    (Signature)
    Name:   Jonathan Kuai
    Title:   General Counsel and Corporate Secretary
EX-99.1 2 d334815dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

MEDIA CONTACT

Dan Gugler

310-226-2645

dan.gugler@kornferry.com

Korn Ferry Makes Leadership Changes Reflecting

Growth and Evolution of the Firm

Mark Arian to join firm as CEO of Hay Group advisory business

— Futurestep CEO Byrne Mulrooney to add Global Products responsibility —

— CMO Mike Distefano to serve in newly formed COO role for Asia Pacific —

 

 

Los Angeles, March 20, 2017Korn Ferry (NYSE:KFY), the preeminent global people and organizational advisory firm, today announced leadership changes in key areas of the business in a move that further positions the firm for growth.

“Our firm is growing in both size and complexity, and we are continually evolving to increase our relevance and impact with clients,” said Gary D. Burnison, CEO Korn Ferry. “Our leadership changes reflect our firm’s transformation and the commitment we have to aligning our business with opportunity and areas of growth.”

Hay Group

As the integration of Hay Group with Korn Ferry is substantially complete, and his role unifying these businesses is nearly finalized, Korn Ferry Hay Group CEO Steve Kaye has decided that he will move on from Korn Ferry at the end of the firm’s fiscal year.

Mark Arian will join Korn Ferry as CEO of the Hay Group advisory business, effective April 3. Arian is a seasoned leader with a track record of building businesses, with deep experience in global professional services firms. Most recently, he was a partner at Ernst & Young and has held leadership positions at Hewitt Associates, Towers Perrin (now Willis Towers Watson) and AON.

Global Products Business

To further expand its product development and management capability, Andrew Huddart joined the firm in December 2016 as President of Global Productized Services. To fully leverage the opportunity the firm has for its global products business, Huddart will now report to Byrne Mulrooney, who has a successful track record of productizing the firm’s intellectual property. Byrne will continue to serve as the CEO of Korn Ferry’s Futurestep business.

Asia Pacific

As the firm experiences growth in Asia Pacific, it has created a Chief Operating Officer position to provide additional support to the region. CMO and President of the Korn Ferry Institute Mike

 

1


LOGO

 

Distefano will assume this newly created role. Distefano will relocate to Shanghai from Los Angeles and work closely with Charles Tseng, President of Asia Pacific, to manage and grow the firm’s business in this important region.

About Korn Ferry

Korn Ferry is the preeminent global people and organizational advisory firm. We help leaders, organizations, and societies succeed by releasing the full power and potential of people. Our nearly 7,000 colleagues deliver services through our Executive Search, Hay Group and Futurestep divisions. Visit kornferry.com for more information.

 

2

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