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	<title>ERE.net &#187; executive</title>
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		<title>Red-hot Times for Executive Search</title>
		<link>http://www.ere.net/2006/06/06/red-hot-times-for-executive-search/</link>
		<comments>http://www.ere.net/2006/06/06/red-hot-times-for-executive-search/#comments</comments>
		<pubDate>Tue, 06 Jun 2006 11:59:00 +0000</pubDate>
		<dc:creator>Todd Raphael</dc:creator>
				<category><![CDATA[News and Features]]></category>
		<category><![CDATA[Vendor Watch]]></category>
		<category><![CDATA[executive]]></category>

		<guid isPermaLink="false">http://www.ere.net/2006/06/06/red-hot-times-for-executive-search/</guid>
		<description><![CDATA[What&#8217;s up with Korn/Ferry? Just about everything: its search assignments, its stock, the size of its workforce, and its earnings. The company said today that there was a &#8220;20 percent increase in the number of search engagements opened compared to the prior year.&#8221; Its fourth-quarter earnings rose 73.2 percent from a year ago. Stock in [...]]]></description>
			<content:encoded><![CDATA[<p>What&#8217;s up with Korn/Ferry?</p>
<p>Just about everything: its search assignments, its stock, the size of its workforce, and its earnings.</p>
<p>The company said today that there was a &#8220;20 percent increase in the number of search engagements opened compared to the prior year.&#8221; Its fourth-quarter earnings rose 73.2 percent from a year ago.</p>
<p><span id="more-1479"></span></p>
<p>Stock in Korn/Ferry, which is based in Los Angeles, is at about $20-$21. Last fall, it was closer to $14.</p>
<p>Meanwhile, Challenger, Gray &amp; Christmas reports that &#8220;a record 148 CEOs left their posts last month.&#8221; Says John Challenger: &#8220;These are red-hot times for executive search firms, as CEOs move fluidly from organization to organization in search of a bigger challenge and bigger payday.? This is a free-agent CEO market, the likes of which we have never seen.&#8221;</p>
<p>The health care field is providing the most announcements of CEO turnover.</p>
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