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Byrne Mulrooney, born on May 1, 1968, is a notable figure in the recruitment industry, having served as the CEO of Korn Ferry from 2010 until his recent resignation in July 2023. He holds an MBA from Harvard Business School,...

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Byrne Mulrooney

Ex-CEO of Korn Ferry

Field of Expertise

Business & Management

Sector of Economy

Industrials

CEO of Korn Ferry for

13 years 3 months (Apr 2010 - Jul 2023)

Previous Experience

Unknown

Holdings

See how much did Byrne Mulrooney make over time.

Byrne Mulrooney’s stock holdings with Korn Ferry showcased significant value fluctuations during his time at the helm. At his peak in 2022, Mulrooney had vested stock valued at over $3.7 million. However, as he transitioned out in 2023, his vested...

Total Stock Sold

$8.26M

KFY

$8.26M

157,671 KFY shares

What if they kept their stock?

If Byrne Mulrooney didn't sell their stock, today they would have:
Extra KFY157,671 shares worth $4.32M.
This is -47.66% and $3.94M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Byrne Mulrooney.

KFY

19,340 shares

KFY

Jul 10, 2023

Received

KFY

48,300 shares

KFY

Jul 8, 2022

Received

KFY

$590.60K

KFY at $68.67/share

Jul 12, 2021

Sale

KFY

$730.68K

KFY at $68.41/share

Jul 8, 2021

Sale

KFY

22,390 shares

KFY

Jul 8, 2021

Received

KFY

$2.40M

KFY at $70.56/share

Jun 23, 2021

Sale

KFY

$1.08M

KFY at $61.60/share

Feb 26, 2021

Sale

KFY

14,130 shares

KFY

Jul 13, 2020

Received

KFY

$165.46K

KFY at $27.58/share

Jul 13, 2020

Sale

KFY

$269.45K

KFY at $26.94/share

Jul 8, 2020

Sale

Compensation History

See how much did Byrne Mulrooney make over time.

Byrne Mulrooney's compensation saw ups and downs during his time as CEO. In 2021, his total earnings reached about $6.2 million, fueled by a hefty salary and stock awards based on company performance. However, in 2022, his total compensation dropped significantly to around $3.4 million. By 2023, his earnings were drastically reduced to $299,000, showing a direct correlation with the leadership transition. His lack of bonus for the last two years demonstrates a focus on aligning pay with performance, and the absence of stock options further emphasizes a shift in compensation strategy. This pattern in his earnings illustrates how market dynamics affect executive pay, highlighting the volatile nature of leadership roles in the corporate world.

Year

2023

Total Compensation

$2.70M

Salary

$139.58K

Board Justification

The compensation philosophy focuses on aligning executive pay with company performance and retaining top talent through competitive compensation packages.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2024 due to resignation before the end of the performance period.

Other

$25.60K

Board Justification

This amount includes benefits such as 401(k) contributions and executive medical insurance premiums.

Restricted Stock

$2.53M(2.53M RSU)

Board Justification

This amount represents the fair value of stock awards that vested during the fiscal year 2024, calculated based on the grant date fair value.

Performance Metrics

Performance metrics included financial goals such as Adjusted Fee Revenue and Adjusted EBITDA Margin, but no cash incentive was earned due to resignation.

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