UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 6, 2024, the Board of Directors (the “Board”) of Korn Ferry (the “Company”) unanimously adopted and approved the Korn Ferry Amended and Restated 2022 Stock Incentive Plan (the “Plan”), subject to stockholder approval, to increase the total number of shares of the Company’s common stock available for stock-based awards by 1,900,000 shares, extend the term of the Plan to September 25, 2034, and make certain other administrative changes. The Company’s stockholders approved the Plan at the 2024 Annual Meeting of Stockholders held on September 25, 2024 (the “2024 Annual Meeting”).
The foregoing description of the terms of the Plan is qualified in its entirety by reference to the actual terms set forth in the Plan, which is attached hereto as Exhibit 10.1, and incorporated herein by reference.
Item 5.07 Submission of Matters to a Vote of Security Holders.
At the 2024 Annual Meeting, Company stockholders (i) elected the ten nominees named in the 2024 Annual Meeting proxy statement (the “Proxy Statement”) to serve as directors until the Company’s 2025 Annual Meeting of Stockholders and until their successors have been duly elected and qualified, subject to their earlier death, resignation or removal, (ii) approved a non-binding advisory resolution approving the Company’s executive compensation, (iii) approved the Plan, and (iv) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the Company’s 2025 fiscal year. To the extent applicable, set forth below are the number of votes cast for, against, or withheld, as well as the number of abstentions and broker non-votes, with respect to each such matter.
The final voting results are as follows:
| (1) | Election of the ten nominees named in the Proxy Statement to serve on the Board until the 2025 Annual Meeting of Stockholders. |
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||||
| Doyle N. Beneby |
41,380,827 | 4,565,597 | 30,691 | 3,274,138 | ||||||||||||
| Laura M. Bishop |
45,607,231 | 334,585 | 35,299 | 3,274,138 | ||||||||||||
| Gary D. Burnison |
45,869,609 | 69,738 | 37,768 | 3,274,138 | ||||||||||||
| Matthew J. Espe |
45,514,924 | 417,925 | 44,266 | 3,274,138 | ||||||||||||
| Russell A. Hagey |
45,927,276 | 8,194 | 41,645 | 3,274,138 | ||||||||||||
| Charles L. Harrington |
45,251,049 | 680,005 | 46,061 | 3,274,138 | ||||||||||||
| Jerry P. Leamon |
44,869,188 | 1,075,969 | 31,958 | 3,274,138 | ||||||||||||
| Angel R. Martinez |
45,259,086 | 683,002 | 35,027 | 3,274,138 | ||||||||||||
| Debra J. Perry |
44,620,786 | 1,322,034 | 34,295 | 3,274,138 | ||||||||||||
| Lori J. Robinson |
45,590,908 | 356,866 | 29,341 | 3,274,138 | ||||||||||||
| (2) | Non-binding advisory resolution to approve the Company’s executive compensation. |
| For | Against | Abstain | Broker Non-Votes | |||
| 44,308,300 |
1,373,115 | 295,700 | 3,274,138 |
| (3) | Approval of the Plan. |
| For | Against | Abstain | Broker Non-Votes | |||
| 43,098,438 |
2,805,005 | 73,672 | 3,274,138 |
| (4) | Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the Company’s 2025 fiscal year. |
| For | Against | Abstain | Broker Non-Votes | |||
| 47,840,891 |
1,371,035 | 39,327 | 0 |
Item 8.01 Other Events.
On September 25, 2024, the Company issued a press release announcing the election of Russ Hagey as a new director at the 2024 Annual Meeting. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit 10.1 | Korn Ferry Amended and Restated 2022 Stock Incentive Plan. | |
| Exhibit 99.1 | Press Release, dated September 25, 2024. | |
| Exhibit 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). | |
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 (Registrant) | ||||||
| Date: September 27, 2024 | /s/ Jonathan Kuai | |||||
| (Signature) | ||||||
| Name: | Jonathan Kuai | |||||
| Title: | General Counsel, Managing Director of Business Affairs, and Corporate Secretary | |||||