Andrew B. Lipsher Joins Korn/Ferry As Senior Client Partner In The Consumer Practice

LOS ANGELES, Feb. 5, 2013 /PRNewswire/ -- Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, today announced that Andrew B. Lipsher  has joined the Firm as a Senior Client Parter in the Global Consumer Practice with a focus on global media convergence, technology, media and entertainment, digital media and consumer internet.  He will be based in Korn/Ferry's New York City office.

Mr. Lipsher joins Korn/Ferry from Clear Channel Media Holdings, where he was Senior Vice President, Corporate Development with global responsibility for M&A, corporate development, strategy and capital deployment for the $6.2 billion radio and outdoor advertising business.  Mr. Lipsher's career has spanned nearly 20 years of media and entertainment and digital media and technology corporate development, strategy, M&A and investment. His experiences have covered all aspects of the business including investment activities (private equity and venture), M&A, strategic planning, new business development, technology, operating and Board level activities, restructurings and divestitures. Mr. Lipsher has worked closely with C-Suite executives and senior management to help set, plan and execute strategies and objectives.

"I'm thrilled to be joining Korn/Ferry. With a global footprint, strong industry expertise and proprietary intellectual property, the Firm is uniquely positioned to help clients achieve their goals," said Lipsher. "With digital becoming a more prominent and required part of the C-Suite conversation across all industries and functions, the opportunity to integrate assessment and executive recruiting to offer the preeminent talent management solution is enormous."

"Drew brings to Korn/Ferry top-notch credentials, strong relationships and hands-on experience in the digital media and entertainment space," said Tierney Remick, Global Market Managing Director of Korn/Ferry's Global Consumer Practice. "As our consumer practice continues to evolve to meet the dynamic talent management needs of clients in the digital media and entertainment market, Drew's experience will be a strong fit."

"Drew is passionate about the issues and talent implications facing the evolving digital media and entertainment landscape," said Bob Damon, Korn/Ferry International president of North America. "His wide ranging experience and keen insights on the talent-driven trends that are impacting this market will be strongly embraced by our clients. I'm excited that he is joining Korn/Ferry."      

"Our clients have an urgent need for talent and talent management solutions to meet the demands driven by the changing and converging digital, media, entertainment and technology platforms," said Bill Simon, Head of Korn/Ferry's Media and Entertainment Practice. "Drew has deep industry roots and expertise across these multiple platforms that will provide immediate value add to our clients."

Prior to Clear Channel, Mr. Lipsher was a Partner at Greycroft LLC, a digital media venture capital fund.  At Greycroft, Lipsher focused on deal sourcing, due diligence and investments and worked closely with portfolio companies. He took an active role in managing the firm and was instrumental in fundraising. Before Greycroft, he was the Head of M&A, Corporate Development and Administration for Interscope Geffen A&M Records ("IGA"), a division of the Universal Music Group. He worked closely with senior management to identify and structure strategic opportunities related to, but outside of the core music business including technology, film, fashion, and television investments and partnerships as well as participating in day-to-day operations.

Earlier in his career, Mr. Lipsher held senior executive roles at News Corporation, BMG Entertainment (a division of Bertelsmann AG) and Warner Music Group (then a division of Time Warner) where he focused on corporate development, M&A and investment activities.  After leaving Warner Music, he joined Maroley Media Group, the private equity firm founded by the former Chairman and CEO of Warner Music where he led the investment efforts. 

Mr. Lipsher received a Bachelor's degree from Yale University and a Master's in Business Administration from Northwestern's J.L. Kellogg Graduate School of Management.  Mr. Lipsher is the Vice Chairman of the Board of Trustees of the Becket Chimney Corners YMCA and The Berkshire Outdoor Center, and a member of the Digital Media Board of Directors of the UJA. He remains an active advisor to early stage digital media companies.

About Korn/Ferry International
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions celebrating 40 years in business. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, develop, retain and sustain their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.

SOURCE Korn/Ferry International

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