Private equity firms are 'clamoring' to hire AI executives with some offering pay packages of up to $2 million [Business Insider]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Business Insider
Some firms are offering pay packages of up to $2 million for this emerging tech role. There's a new job emerging on Wall Street that could land you up to $2 million. The so-called AI operating executive is quickly becoming one of the most sought-after roles among private equity companies, Deepali Vyas, global head of fintech and applied intelligence at Korn Ferry, told Business Insider. PE firms are eager to hire leaders with AI and machine-learning experience. The goal is to make portfolio companies more efficient and cut costs. "That is not a typical search that a private-equity firm would do," Vyas said. However, knowing these technologies are quickly being adapted across all industries, "they have to be able to make these moves." Vyas places C-suite and leadership talent at the world's biggest financial firms, including Blackstone and JPMorgan. She declined to disclose specific client cases due to confidentiality agreements. This past month, Vyas, who specializes in hirin
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website