Russell Bedford Commemorates Its 40th Year With A Remarkable 11% Growth

February 2024

Russell Bedford International has released its annual Global Performance Report, showcasing yet another successful year, and commemorating the network’s 40th anniversary. The report highlights an impressive 11% surge in global revenues of the network, indicative of its continuous expansion and exceeding the previous year's achievements.
The Global Performance Report is integral to the network's annual review process, ensuring accountability to members' requirements and offering insight into the strategic areas of focus. It is central to the monitoring of the network's progress and provides transparency on objectives and key development areas. The report clearly displays a noteworthy and consistent trend over the past few years.
In 2023, several remarkable highlights include:
  • 11% increase in global revenues (adding more than $80m, and now surpassing $830m in total)
  • 11% increase in global staff numbers (exceeding 9,500 employees worldwide)
  • 30% increase in revenues in the LATAM region
  • 27% increase in revenues across the APAC region
  • 11% revenue increase among European member firms
  • 100% of survey respondents rated the Annual Global Conference as excellent or very good
  • 18% increase in network profile enhancement
  • Assisted vulnerable communities via the Russell Bedford Cares campaign and annual taking you further day
  • Donation of 1,600 trees - 40 trees in 40 unique locations
For a full overview of Russell Bedford’s performance in 2023, take a look at the GLOBAL PERFORMANCE REPORT.
Reviewing the report’s findings, Russell Bedford CEO, Stephen Hamlet, said: "As we reflect on our network's remarkable milestone, celebrating our 40th anniversary, it fills me with warmth to witness the outstanding results we've achieved. This not only solidifies our position as a leading and expanding network but also underscores our commitment to corporate social responsibility. The combined progress in both business and social aspects gives me confidence that the network is moving forward in the right direction. I eagerly anticipate what the next year holds for Russell Bedford.”
Russell Bedford’s Chair, Daniel Ryba added: "I am truly excited about the positive developments the network has made in 2023. Witnessing these achievements fills me with pride as it serves as compelling evidence of Russell Bedford’s continuous growth and unwavering commitment to excellence since its establishment 40 years ago.”

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