Combined Firm to Further Extend Korn/Ferry's European Presence and Depth
LOS ANGELES, June 11 /CNW/ -- Korn/Ferry International (NYSE: KFY), a
premier global provider of talent management solutions, today announced that
it has acquired London based Whitehead Mann, a leading international talent
management firm known for its CEO and board relationships and strong roster of
clients throughout Europe. Financial terms of the transaction were not
The acquisition, which creates the leading executive search firm in the
United Kingdom and France, brings together two firms with more than 80 years
of operating and talent management experience.
"The combination of Korn/Ferry and Whitehead Mann represents a marriage
between two of the industry's most preeminent executive search and leadership
firms," said Gary D. Burnison, CEO of Korn/Ferry International. "The
strategic alignment of our firms brings together a more comprehensive,
diversified organization that will deliver unmatched capabilities and further
extend our brand throughout the world."
Piers Marmion, CEO and co-managing partner of Whitehead Mann will join
Korn/Ferry as chairman of EMEA.
"Whitehead Mann and Korn/Ferry are both leading brands closely aligned in
practice areas, markets and our overall strategic approach to working with
clients," said Piers Marmion, Whitehead Mann CEO. "This merger will extend
our collective capabilities, build on our shared strengths and create more
opportunities with clients who will benefit from our unparalleled, combined
About Whitehead Mann
Whitehead Mann's client roster includes 90 of Europe's top 200 companies,
mostly in the FTSE 100 and Fortune 500 with an equal emphasis on the boards of
high-growth, frequently private-equity, sponsored businesses. Whitehead Mann
has regional hubs in the Middle East, Europe and Asia and by building deep
integrated relationships with clients internationally, it also delivers
searches in Africa, India, Australia and North America.
About Korn/Ferry International
Korn/Ferry International, with a presence throughout the Americas, Asia
Pacific, Europe, the Middle East and Africa, is a premier global provider of
talent management solutions. Based in Los Angeles, the firm delivers an array
of solutions that help clients to attract, develop, retain and sustain their
talent. Visit www.kornferry.com for more information on the Korn/Ferry
International family of companies, and www.kornferryinstitute.com for thought
leadership, intellectual property and research.
Statements in this press release that relate to future results and events
("forward-looking statements") are based on Korn/Ferry's current expectations.
Readers are cautioned not to place undue reliance on such statements. Actual
results may differ materially from those currently expected or desired because
of a number of risks and uncertainties that are beyond the control of
Korn/Ferry. The potential risks and uncertainties relate to the integration
of Whitehead Mann's operations into Korn/Ferry's as well as competition,
exchange rates, the maintenance of client relationships and global economic
conditions and developments. For a detailed description of additional risks
and uncertainties that could affect Korn/Ferry's business, please refer to
Korn/Ferry's periodic filings with the Securities and Exchange Commission.
Korn/Ferry disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
For further information:
For further information: Andrew Nicolls, + 44 207 786 4881,
firstname.lastname@example.org, or Sue Matthews, + 44 207 786 4822, email@example.com,
both for Korn/Ferry; or Richard Evans, + 44 207 630 1411,
REvans@TheCommunicationGroup.co.uk, for Whitehead Mann Web Site: