Korn/Ferry Discusses its Recruiting Services Growth in China and India (KFY 1Q06 Conf Call Quotes)

Korn/Ferry International (ticker: KFY), which provides executive search, outsourced recruiting and leadership development solutions for companies worldwide reported Q1 2006 earnings results last week. The following are comments from Chairman and CEO Paul C Reilly during management's earnings results conference call:

....Asia's been a great business for us. It's a business that exceeded its dot-com numbers. And we're investing hugely. We've almost in the last quarter doubled our number of fee earners in India. We've made huge investments moving the head of our Asia practice to Shanghai. We brought in another very, very senior person into Beijing. This is after our being market leaders, we're continuing -- we've opened up future stuff in Shanghai. So we're seeing growth actually, you know, as we look recently almost in all the businesses. But obviously China and India are going to have significant, you know, long-term growth potential. We're continuing to see that in this region. You know, even some of the more developed economies, Japan and Singapore, were up, too. So it's been pretty broad based.

(Quotes are from the CCBN StreetEvents transcript.)

KFY chart.