Staffing company Korn/Ferry International said Monday that it appointed a experienced retail industry executive as chief financial officer, with its current CFO moving to an advisory role.

The Los Angeles company said the new CFO will be Michael A. DiGregorio, who now is executive vice president and CFO at apparel company St. John Knits International Inc. in Irvine.

DiGregorio, who also will be an executive vice president at Korn/Ferry, starts his new job on June 1. Prior to St. John Knits, DiGregorio was CFO at Jafra Cosmetics International Inc.

He succeeds Stephen Giusto, who will remain in an advisory role focused on strategic initiatives.

Korn/Ferry shares closed up 56 cents, or 5 percent, to $11.68 on the New York Stock Exchange.

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