Korn Ferry (NYSE: KFY) has announced the election of Pete Shimer, the former chief operating officer of Deloitte U.S., to the company's board of directors. Shimer's extensive consulting, operational, and financial expertise, acquired during his career at Deloitte, makes him a valuable addition to Korn Ferry's board. He has been appointed to the board's audit committee and the nominating and corporate governance committee.
During his tenure at Deloitte, Shimer held various key leadership positions, including chief financial officer and lead client service partner for multiple Fortune 500 clients. His responsibilities included evaluating major investments—across acquisitions, joint ventures, technology, and innovation initiatives—and advancing strategic priorities. Shimer's ability to bridge strategy and operations to drive world-class operating results is expected to be a strong complement to Korn Ferry's board.
Shimer holds a Bachelor of Arts in Accounting from the University of Washington and is actively involved in various organizations, serving as the executive committee chair of the Cancer Artificial Intelligence Alliance and holding board positions at Alaska Air Group and Synopsys. He is also an executive committee board member and vice chair for the Fred Hutchinson Cancer Center and a board member of the University of Washington Foster School of Business.
Korn Ferry, a global consulting firm, is focused on unleashing transformation across businesses by synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. As the official talent and organizational consulting partner of LA28, Korn Ferry is involved in powering the individuals behind the Olympic Games.
No financial metrics or comparisons with the previous period were provided in the press release. Following these announcements, the company's shares moved -1.12%, and are now trading at a price of $67.97. If you want to know more, read the company's complete 8-K report here.
