Korn Ferry Named as Founding Partner of LA28 Olympic and Paralympic Games
MWN-AI** Summary
Korn Ferry (NYSE: KFY) has announced its position as a Founding Partner for the LA28 Olympic and Paralympic Games, becoming the Official Talent & Organizational Consulting Partner for the event. This strategic collaboration will leverage Korn Ferry’s expertise in talent management, leadership, and organizational development to enhance the Games' operational framework.
CEO Gary D. Burnison expressed enthusiasm for this partnership, describing the LA28 Games as a vibrant celebration of diverse individuals and their collective passion. By forging a strong organizational culture, Korn Ferry aims to empower the team behind the LA28 Games, ensuring that the workforce of nearly 5,000 people is effectively hired, onboarded, and developed to reflect the spirit of both Los Angeles and the Olympics.
Casey Wasserman, Chairperson and President of LA28, highlighted the long-standing collaboration with Korn Ferry, which began nearly two years prior with the appointment of CEO Reynold Hoover. The enhanced partnership focuses on building a capable team to deliver a memorable experience for spectators and athletes alike, celebrating human achievement and community.
The LA28 Games, set to take place in Los Angeles in 2028, will feature more than 15,000 athletes and will mark significant historical milestones, including being the first Olympic Games with more women competing than men. The event is uniquely positioned to showcase traditional southern Californian venues, from oceanfront settings to iconic Hollywood stages, without the need for new permanent infrastructure.
Overall, Korn Ferry's involvement is set to reinforce its brand while aligning its strategic human resources alongside the global stage of the LA28 Olympic and Paralympic Games.
MWN-AI** Analysis
Korn Ferry (NYSE: KFY) has recently solidified its position in the market by becoming a Founding Partner of the LA28 Olympic and Paralympic Games, serving as the Official Talent & Organizational Consulting Partner for this high-profile global event. This strategic partnership is not just a marketing move; it positions Korn Ferry at the heart of a significant human capital initiative that could yield substantial returns for the firm, as it aligns with their core expertise in talent management and organizational development.
The LA28 Games are expected to be a monumental event, showcasing over 15,000 athletes from around the globe. Korn Ferry’s role in this partnership is pivotal, focusing on the recruitment and development of nearly 5,000 workforce participants. This extensive involvement will enable the firm to demonstrate its capabilities on one of the world’s largest stages, enhancing its brand visibility and credibility.
From an investment perspective, Korn Ferry’s strategic alignment with a globally respected event like the Olympics can potentially increase its market capitalization. Historically, companies linked to prominent events experience heightened awareness, which can lead to increased sales and partnerships. Analysts should watch for performance indicators in the lead-up to the Games, including growth in consulting revenues and new client acquisitions.
Additionally, Korn Ferry's commitment to shaping a diverse and high-performing team resonates well with today's market dynamics that favor inclusivity and social consciousness. As such, investors might consider this partnership a bullish signal, particularly as the firm is expected to leverage this platform for future growth initiatives.
In summary, Korn Ferry's partnership with the LA28 Games not only reinforces its brand but also opens up avenues for sustainable long-term growth, making it an intriguing watch for investors looking for companies engaged in transformational and impactful opportunities.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Korn Ferry (NYSE: KFY) today announced it has established a strategic partnership to serve as a Founding Partner of the LA28 Olympic and Paralympic Games. As the Official Talent & Organizational Consulting Partner for the LA28 Games and Team USA, Korn Ferry will bring the firm’s full suite of talent, leadership, and organizational capabilities to one of the world’s most inspiring stages.
“With millions of fans, thousands of athletes and countless volunteers, the LA28 Games will display a beautiful mosaic of people, perspectives and passion on one of the world’s most inspiring stages,” said Gary D. Burnison, CEO, Korn Ferry. “Our partnership is all about building the culture and energy that will define the Games. Simply put, we’re powering the people who power the LA28 Olympic & Paralympic Games.”
Korn Ferry is working closely with LA28 to hire, onboard, and develop the nearly 5,000-people workforce needed to deliver the Games, while cultivating leaders and high-performing teams that reflect the spirit of Los Angeles and the Olympics and Paralympics.
“The 2028 Games will celebrate human potential and achievement with moments that unite the Los Angeles community, the nation and people around the globe,” said Casey Wasserman, Chairperson and President, LA28. “Our work with Korn Ferry began nearly two years ago with the placement of Reynold Hoover as our CEO. Now, through our expanded partnership, we are building the team that will bring the LA28 Games to life and inspire the world.”
The partnership has been deployed throughout the organization and will continue to showcase Korn Ferry’s brand when the world's attention turns to Los Angeles.
About LA28 Olympic and Paralympic Games
LA28 will bring the Olympic and Paralympic Games to Los Angeles in 2028, uniting more than 15,000 of the world's greatest athletes in a celebration of sport, culture and human potential. Set against a diverse collection of venues only Southern California can deliver, from the Pacific Ocean to Hollywood stages to world-class arenas, Los Angeles will become the third city ever to host three Olympic Games, following 1932 and 1984, and will also host its first ever Paralympic Games. The LA28 Games will celebrate historic milestones including becoming the first Olympic Games in history to feature more women athletes than men, the debut of new Olympic and Paralympic sports and becoming the first Games since 1948 to not build any new permanent infrastructure. Operating as an independently funded, non-profit organization, LA28 has built a strong foundation of successful commercial partnerships alongside licensing, hospitality, ticketing and with the support of the International Olympic Committee.
About Korn Ferry
Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business—synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That’s why the world’s most forward-thinking companies across every major industry turn to us—for a shared commitment to lasting impact and the bold ambition to Be More Than . As the Official Talent & Organizational Consulting Partner of LA28 , Korn Ferry is powering the nearly 5,000 people who power the Olympics Games – bringing in the right talent, building strong leaders, and shaping the structure and culture that will deliver an unforgettable experience for the world.
About Team USA
Team USA is the world’s largest and most diverse team of athletes from across the United States who compete at the Olympic, Paralympic, Youth Olympic, Pan American and Parapan American Games. The United States Olympic & Paralympic Committee, founded in 1894, serves as the National Olympic Committee and National Paralympic Committee for the United States and is responsible for protecting, supporting and empowering Team USA athletes. For more information, visit TeamUSA.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20260127592649/en/
Media Contacts:
Stacy Rozen
Korn Ferry
stacy.rozen@kornferry.com
LA28
Press@la28.org
FAQ**
How does Korn Ferry KFY plan to leverage its expertise in talent and organizational consulting to ensure the success of the LA28 Olympic and Paralympic Games?
What specific leadership development strategies will Korn Ferry KFY implement to build high-performing teams for the LAGames?
In what ways does Korn Ferry KFY aim to reflect the diverse spirit of Los Angeles and the Olympic values in its hiring and onboarding processes?
What metrics will Korn Ferry KFY use to evaluate the effectiveness of its partnership with LA28 in terms of workforce performance and cultural development?
**MWN-AI FAQ is based on asking OpenAI questions about Korn Ferry (NYSE: KFY).
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