Korn Ferry CEO Employment Agreement Update
Ticker: KFY · Form: 8-K · Filed: Feb 6, 2025 · CIK: 56679
Sentiment: neutral
Topics: executive-compensation, employment-agreement, ceo
Related Tickers: KFY
TL;DR
Korn Ferry inked a new deal with CEO Bernard Ledbetter, detailing his pay package.
AI Summary
Korn Ferry announced on February 6, 2025, changes in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its CEO, Bernard K. Ledbetter, effective February 6, 2025. The agreement details his salary, bonus potential, and equity awards.
Why It Matters
This filing provides insight into the compensation structure for Korn Ferry's top executive, which can influence investor perception of management alignment and future company performance.
Risk Assessment
Risk Level: low — The filing primarily concerns executive compensation and employment agreements, which are standard disclosures and do not indicate immediate operational or financial risks.
Key Players & Entities
- Korn Ferry (company) — Registrant
- Bernard K. Ledbetter (person) — CEO
- February 6, 2025 (date) — Effective date of agreement
FAQ
What is the effective date of the new employment agreement for Bernard K. Ledbetter?
The new employment agreement for Bernard K. Ledbetter is effective February 6, 2025.
What is Bernard K. Ledbetter's role at Korn Ferry?
Bernard K. Ledbetter is the Chief Executive Officer (CEO) of Korn Ferry.
What type of SEC filing is this?
This is a Form 8-K, a Current Report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What are the main items reported in this 8-K filing?
The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is Korn Ferry's principal executive office address?
Korn Ferry's principal executive offices are located at 1900 Avenue of the Stars, Suite 1500, Los Angeles, California 90067.
Filing Stats: 716 words · 3 min read · ~2 pages · Grade level 13.9 · Accepted 2025-02-06 17:00:12
Key Financial Figures
- $0.01 — ich Registered Common Stock, par value $0.01 per share KFY New York Stock Exchan
Filing Documents
- d852212d8k.htm (8-K) — 24KB
- 0001193125-25-021853.txt ( ) — 144KB
- kfy-20250206.xsd (EX-101.SCH) — 3KB
- kfy-20250206_lab.xml (EX-101.LAB) — 18KB
- kfy-20250206_pre.xml (EX-101.PRE) — 11KB
- d852212d8k_htm.xml (XML) — 4KB
Forward-Looking Statements
Forward-Looking Statements
SIGNATURES
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: February 6, 2025 /s/ Robert P. Rozek (Signature) Name: Robert P. Rozek Title: Executive Vice President, Chief Financial Officer and Chief Corporate Officer