Korn Ferry (NYSE: KFY) has announced the addition of Russ Hagey, a long-tenured leader at Bain & Company, to its board of directors. Hagey brings over four decades of talent management and consulting experience, having served at Bain & Company, most recently as a senior partner and the company’s chief leadership officer, and previously as its worldwide chief talent officer. He has also held public and private company board positions.
Throughout his tenure at Bain & Company, Hagey has consulted with diverse clients in various industries, including large corporations, venture, and private equity-backed entities. His expertise includes a strong focus on corporate strategy, growth initiatives, new product development, acquisitions, and sales force operations.
Gary D. Burnison, CEO of Korn Ferry, expressed excitement about Hagey joining the board, highlighting his extensive talent management experience, consulting credentials, and deep understanding of the organizational issues impacting global companies today. Jerry Leamon, non-executive chair of Korn Ferry’s board of directors, also welcomed Hagey, emphasizing his vast client consulting expertise and four-decade career across multiple industries.
Hagey's previous roles include chairing the Elizabeth Glaser Pediatric AIDS Foundation and serving on the board of directors of LA’s BEST, a nationally recognized after-school program. He holds an MBA from Stanford Graduate School of Business and a BA in economics from UCLA.
Korn Ferry is a global organizational consulting firm that works with clients to design optimal organization structures, roles, and responsibilities. They also assist in hiring the right people, advising on how to reward and motivate the workforce, and developing professionals as they navigate and advance their careers. Following these announcements, the company's shares moved 0.5%, and are now trading at a price of $73.4. For more information, read the company's full 8-K submission here.