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May 24, 2001

Paul Reilly Named Chairman, CEO Of Korn/Ferry International

Executive search firm Korn/Ferry International/(NYSE:KFY) has named Paul Reilly chairman and chief executive officer, effective June 30. Mr. Reilly comes from KPMG International, the privately held umbrella firm of various KPMG companies, where he was chief executive. Prior to joining KPMG in 1987, Mr. Reilly was president of real estate development company Southeast Capital Corporation in St. Petersburg, FL. He succeeds Windle Priem, who will continue as director of the company. With Mr. Reilly's arrival, Korn/Ferry co-founder and chairman Richard Ferry assumes the position of Founder Chairman. Interestingly, both Mr. Ferry and former partner Lester Korn, were partners at Peat Marwick, which ultimately became KPMG.

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