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Korn/Ferry ranked top executive search firm - 2005-03-21

Korn/Ferry International

Korn/Ferry International ranked top executive search firm

Korn/Ferry International said Monday it has regained its position as the No. 1 executive search firm in the United States and the world, according to recently released rankings from two trade organizations.

Korn/Ferry, which ranked third in the United States and second internationally a year ago, edged out Chicago-based Heidrick & Struggles International Inc. (NASDAQ:HSII), which took the top spot globally last year, and Chicago-based Spencer Stuart, which was No. 1 in the United States last year.

Spencer Stuart and Heidrick & Struggles were second and third, respectively, on both rankings this year.

Industry analysts at Hunt-Scanlon Advisors and Kennedy Information Inc.'s Executive Recruiter News looked at global revenue, practice breakdowns and staffing numbers at the largest 100 companies to rank the top 40 domestic firms and the top 20 international firms.

Korn/Ferry, which has an office in Dallas, topped both lists for the first time since 2000.

Korn/Ferry's revenue grew 38 percent over the past 12 months ended Jan. 31, to $438.1 million -- $60 million more than its closest competitor.

Korn/Ferry's U.S. revenue grew 31 percent to $214 million.

Kennedy Information Inc. is a publishing and research firm covering executive recruiting. It is a subsidiary of the Bureau of National Affairs Inc., based in Washington, D.C.

Hunt-Scanlon Advisors is a unit of Stamford, Conn.-based Hunt-Scanlon Corp.

Web sites: www.kornferry.com and press.arrivenet.com/bus/article.php/610570.html.

© 2005 American City Business Journals Inc.

Korn/Ferry ranked top executive search firm - 2005-03-21: "Korn/Ferry ranked top executive search firm"

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