Consulting Leadership News: Roland Berger Strategy Consultants, Simon Kucher, Heidrick & Struggles, KPMG, PricewaterhouseCoopers, Ernst & Young, Capgemini, FTI Consulting, Charles River Associates, Aon Hewitt, Celerant, CACI, CSC and Booz Allen Monadnock Research - 15 December 2011 Roland Berger opens offices in Jakarta, Dubai and Lagos; Appoints 26 new international Partners; Partners elect two new Supervisory Board Members. Simon-Kucher appoints 8 new Partners. FTI opens new office in Jakarta. Rebecca Szelc joins Charles River as a Vice President in Financial Accounting & Valuation practice. Linda Zimmerman joins Aon Hewitt as Senior Vice President and Global Marketing Leader. KPMG appoints Janet Davidson as Head of the Global Healthcare Center of Excellence. PricewaterhouseCoopers names Erik Hansen as Partner in Risk Assurance Services practice; Pamela F. Olson joins as Deputy Tax Leader and Leader of Washington National Tax Services practice. Capgemini Appoints Dee Burger as Telecom, Media and Entertainment Practice Sector Lead and Jean-Marc Steffann as Vice President. Navigant appoints Jim Vint Managing Director, and Kevin Blake and Kevin Byrne as Directors within the Technology Solutions practice; Karin Corfee as Managing Director in Energy Practice. Ernst & Young appoints Brendan LeBlanc as Executive Director in Americas Climate Change and Sustainability Services practice, and Chris Walker as Associate Director. Celerant appoints Neil Eurick as Vice President in Global Metals and Mining Practice. Mike Shove named COO CSC Managed Services; Andrew Anker appointed President, CSC Asia Group Operations; Chris DePippo named Vice President, Chief Ethics and Compliance Officer. Booz Allen Appoints Thad Allen as Senior Vice President. CACI US President, William Fairl, to Retire, Moves to Chief Development Officer Role; CACI COO, Daniel Allen, elevated to President of US Operations; Krisstie Kondrotis as Executive Vice President, Business Development. Booz Allen Appoints Thad Allen as Senior Vice President. (6,800 words) . . . More
And in other news: Infosys, FTI, Capgemini, BearingPoint, Porsche, IBM, and Navigant Monadnock Research - 29 July 2011 (MR) Infosys says whistleblower's allegations inaccurate; Announces quarterly results. FTI Consulting launches international arbitration service in Singapore. BearingPoint Directors to face $1.88 billion suit. Capgemini introduces social media IT service to complement its "Social Insight into Action" consulting. Navigant announces results that beat analyst estimates. Navigant acquires Ignited Discovery. Porsche Consulting to establish US subsidiary in Atlanta. IBM Announces New Innovation Lab Dedicated To Technology Services. (1040 words) . . . More
Consulting Leadership News: Ernst & Young, KPMG, Accenture, Capgemini, PwC, NERA, Deloitte, BearingPoint, Navigant, and BCG Monadnock Research - 29 July 2011 MR - Ernst & Young announces 548 new partners worldwide; Appoints Herb Engert as the new Americas Leader of Strategic Growth Markets. KPMG International Chairman-elect, Michael Andrew, appoints global leadership team. Accenture names Paul Daugherty as Chief Technology Architect and Gavin Michael Chief Technology Innovation Officer. Accenture has also named Jorge Benitez managing director -- North America and Chief Executive. Capgemini will train 1,500 architects and developers globally on the Windows Asure cloud platform to support new partnership. Aon Appoints Greg Besio as Chief Human Resources Officer. BCG named former ING Group COO, Thomas J. McInerney, as Senior Advisor. PwC US Appoints Robert W. McCutcheon as New Industrial Products. Leader. Energy Expert Scott Bloomberg Joins NERA Economic Consulting. BearingPoint appoints 6 new Partners. Deloitte appoints Chris Harrop to lead nuclear capital programs. Navigant appoints William Hardin within Disputes & Investigations practice. Navigant appoints William Hardin within Disputes & Investigations practice; Adam Borison, PhD, has joined the firm's Energy Practice as a Director; Names Adam Borison, PhD, as Energy Practice Director (4,800 words) . . . More
Consulting Leadership News: Deloitte, PwC. Mercer, Sopra, Navigant, E&Y, FTI, Logica, Point B, KPMG, US DoD, and Citigroup Monadnock Research - 5 June 2011 MR - Deloitte LLP elects Punit Renjen Chairman and Joseph Echevarria CEO; Jim Moffatt, Chairman and CEO of Deloitte Consulting LLP; Carl S. Allegretti as Chairman and CEO Deloitte Tax LLP; General Charles F. Wald as Director and US Department of Defense (DoD) consulting practice lead; and Deloitte's UK affiliate names 63 new partners. Richard Neiman joins PricewaterhouseCoopers as Vice Chairman of Global Financial Services Regulatory practice; Dr. Harry Broadman appointed Managing Director, Chief Economist and Leader of the Emerging Markets, Governance, and International Investment & Trade advisory practice group within PwC Forensics Services; and Keith Hubert, Managing Partner of the Hartford, Conn. office and leader, and leader of PwC's Northeast Insurance Services practice. Jimmy Johansen appointed Head of Mercer's Nordic International Consulting Group and International Leadership Group Member for EMEA; Michael Shore joins Mercer as Principal in Information Product Solutions consulting practice. Sopra appoints Christian Levi as Head of Sopra Consulting. Navigant's current Vice President and Controller, David Wartner, named Vice President, Operations and Treasurer; Scott Harper, Controller of Navigant's Disputes and Investigations segment, named Corporate Controller; Mary Jo Neville, current Segment Controller of Navigant's Business Consulting segment, named Segment Controller of Navigant's Disputes and Investigations segment; and F. Wayne Elggren joins Navigant's Disputes & Investigations practice as a Managing Director. Ernst & Young appoints Maria Pinelli as Global Vice Chair for Strategic Growth Markets practice. FTI Consulting names Lord Malloch Brown as Chairman of EMEA operations. Logica appoints Himanshu Raja as CFO and Executive Director of the Board. Point B appoints Michael Dickstein as Chief Marketing Officer. KPMG faces $350 million gender discrimination class action. Former Dutch Healthcare Cabinet Minister, Ab Klink, joins Booz & Co. Shay Assad appointed Director of Defense Pricing within US Office of the Under Secretary of Defense. John Catero appointed Citigroup Senior Vice President for US professional services procurement. (4,575 words) . . . More
Consulting Leadership News: Deloitte, FTI Consulting, Censeo, Ernst & Young, CSC, Navigant, Capgemini, and Wipro Monadnock Research - 28 April 2011 MR - Deloitte LLP elects Joseph Echevarria CEO and Punit Renjen Chairman; Harry Greenspun, M.D., joins Deloitte Center for Health Solutions; Bob Contri appointed U.S. financial services industry group leader. FTI Consulting appoints William M. Isaac as Senior Managing Director and head of the Financial Institutions Group. Kareem El-Alaily and Mark Klupt join Censeo as Principals; Steve Krauss joins as Corporate Development Officer; Barbara Meachin joins as Director of Professional Development; Dr. Timothy Laseter transitions from COO to commercial practice leader. Jonathan Dharmapalan appointed to lead Ernst & Young Global Telecom Center. CSC has named Alisoun Moore vice president and general manager for its North American Public Sector (NPS) Health Services Division. Greg Campanella and Kevin McHugh join Navigant Capital Advisors' Valuation & Financial Risk Management practice as Managing Directors. Capgemini Government Solutions has named Sandra Gillespie a Vice President in the Federal Government practice. Successor to Infosys founder, N R Narayana Murthy, to be announced 30 April. (2,590 words) . . . More
FTI Consulting's Schonbraun McCann Group and Brewer Businesses Adopt FTI Brand Monadnock Research - 4 April 2011 MR - FTI Consulting has rebranded its real estate and construction practices, FTI Schonbraun McCann Group and FTI Brewer, adopting the FTI Consulting brand. The move follows the firm's "one brand" strategy, where FTI Consulting will convert substantially all of its acquired firms to the FTI Consulting brand and present itself consistently to clients globally. FTI Schonbraun McCann Group provides real estate and finance consulting, offering integrated financial, tax, and real estate services for clients with underlying value in real estate operations and assets. FTI Brewer is a leading provider of commercial and dispute resolution services to the construction and engineering sectors. (475 words) . . . More
Financial Crisis Claims LECG; Nothing Expected to be Left for Common Shareholders After Deals with FTI, Grant Thornton, WeiserMazars, and Others Monadnock Research (Vol IV, No 7) - 15 Mar 2011 MR - The liquidity crisis at LECG is forcing a fast liquidation of assets to repay its $27.8 million credit facility to the Bank of Montreal and other syndicate banks by the end of March. Over the last two weeks LECG has closed a transaction and announced additional deals with FTI Consulting. It and has also sold an operation to Grant Thornton and has agreed to the terms of a deal with the U.S. affiliate of global accounting and advisory services firm Mazars Group. When LECG's term credit facility matures in less than two weeks, it will likely have insufficient cash to repay at least $15 million of the balance. So it is rushing to sell assets as quickly as possible. LECG says it will continue to negotiate transactions for all practice groups remaining. It will use the proceeds to repay the principal outstanding under its credit facility, and any balance remaining to make payments to other creditors and shareholders. While preferred stockholders may get something, management does not anticipate there will be anything left for owners of common shares. Research Note also available to News-only subscribers. (1,430 words) . . . More
FTI Consulting Acquires Certain LECG Practice Groups Monadnock Research - 2 March 2011 MR - FTI Consulting has acquired the International Arbitration and Airline Competition practices of LECG Corp. FTI also confirms that it continues to evaluate the possible acquisition of several additional LECG practice groups, but is not negotiating to acquire the entire firm. No definitive agreement has been entered into with respect to the other practice group transactions under discussion, and no assurance is being given that any other agreement will be signed or that any additional LECG practices will be acquired. (260 words) . . . More
Consulting Leadership News: Roland Berger, Simon Kucher, PwC, E&Y, FTI, CSC, Navigant, Natoma Partners, and Capgemini Monadnock Research - 14 January 2011 MR - Roland Berger Strategy Consultants appoints 21 new international Partners. Simon-Kucher & Partners appoints nine new partners to the leadership team, increases firm's global focus. Pierre Nanterme assumes role of Accenture CEO; William Green continues as Chairman. PwC U.S. names three direct-admit principals in valuation services practice. Ernst & Young's Financial Services Office appoints Executive Director within Advisory practice. FTI Consulting appoints global leader of its Transaction Advisory Services (TAS) practice. CSC names director of Cybersecurity within its U.K. business. Navigant appoints Managing Director in its Healthcare Practice. Three Former Huron Managing Directors form Natoma Partners. Capgemini expects to add 550 technology jobs in North Carolina. (4,450 words) . . . More
FTI Consulting to Consolidate Operating Firm Brands Monadnock Research - 4 Jan 2010 MR - FTI Consulting will convert substantially all of its acquired firms under the FTI Consulting brand. The firm says it is being done to support its corporate positioning and ability to provide seamless strategic services to clients globally. FTI has acquired more than 25 companies over the last five years. The rebranding is expected to be completed by November 2011. (365 words) . . . More
Consulting Leadership News: KPMG, Wipro, Accenture, PwC, Capgemini, FTI, Global Counsel, and Cerrell Associates Monadnock Research - 3 December 2010 MR - KPMG makes 136 partner appointments in its Americas practice; KPMG Europe appoints three independent executives to Public Interest Committee. Wipro founder donates Rs 88.4 billion ($1.95 billion USD) to launch Azim Premji University, to develop the field of education in India and improve access to education for Indian citizens across all stages of life, with a special focus on underprivileged and disadvantaged sections of Indian society; Wipro appoints Global Head of Talent Acquisition. Accenture to open a research, development, and innovation center in Dublin, Ireland, adding 100 professional staff to focus on predictive analytics; Accenture names group Chief Executive of Financial Services operating group. PwC appoints new Global Leader, Financial Services. Britain's former Business Secretary launches Global Counsel LLP with funding from WPP Group. Capgemini names Chief Portfolio Sales Officer and Head of Global Services for its Technology Services business in North America. FTI Consulting appoints six new leaders to its global FD and Corporate Finance & Restructuring practices. Prominent U.S. political consultant, Joe Cerrell, dies at 75 in Los Angeles. (1,975 words) . . . More
FTI Consulting Launches Energy Advisory Practice Monadnock Research - 30 August 2010 MR - FTI Consulting has launched an Electricity Consulting Group within its Economic Consulting Practice. Two Charles River Associates executives joined FTI to lead the practice. The new group will provide strategic and tactical advisory services to both established and emerging businesses operating or investing in the electric power sector. (475 words) . . . More
FTI Completes Transaction Acquiring FS Asia Advisory Monadnock Research - 19 August 2010 MR - FTI Consulting has completed its acquisition of FS Asia Advisory Limited of Hong Kong. FTI says the acquisition is intended to significantly expand its presence and breadth of capabilities in Asia. FS Asia Advisory ("FS") was founded in 1985 and has operations in Hong Kong, Shanghai, Singapore and Manila, providing services in the areas of corporate finance, restructuring and turnaround, corporate advisory, and corporate recovery services. (485 words) . . . More
Consulting Leadership News: Hewitt, Deloitte, Heidrick & Struggles, CRAI, Diamond, FTI, ADL, PAREXEL, Bain, Segal, Sapient, Navigant, Pearl Meyer, RBF, Hill, NERA, EquaTerra, Ernst & Young, Mercer, KPMG, and Protivity Monadnock Research - 18 June 2010 MR - Hewitt Associates appoints co-leaders of North American Executive Compensation Consulting practice. Deloitte appoints U.S. Retail practice leader and Vice Chair. Heidrick & Struggles continues its strategic diversification into complementary leadership consulting areas by naming two Principals within its Global Technology & Services Practice. Charles River Associates makes 8 senior level appointments in Transfer Pricing Practice. U.S. Federal practice leader re-joins Diamond after working as general manager of FCC National Broadband Plan. FTI Consulting appoints Senior Managing Director and Asia Pacific Leader. Arthur D. Little names Managing Director of ADL Spain and Director of ADL China. PAREXEL appoints two former regulators as Principal Consultants. Bain Private Equity Partner joins New York practice. Segal appoints new CIO. Sapient appoints chief information security officer. Navigant Consulting appoints Managing Director within Navigant Economics group; Managing Director in Global Construction practice. Pearl Meyer & Partners appoints two Managing Directors. RBF Consulting promotes eighteen new Associates. Hill appoints Vice President of Project Management Operations. NERA Economic Consulting appoints Special Consultant. EquaTerra appoints real estate and facilities management advisor to RE&FM Practice. Former IRS hedge fund enforcement executive joins Ernst & Young's Financial Services Office. Mercer appoints Principal in London Health & Benefits practice. KPMG will bring nearly 375 jobs to its office in Fairfax County Virginia. Protivity experiments with client environment simulations for 2010 summer intern training. (5,410 words) . . . More
Consulting Leadership News: Bain, CRA, CSC, Oliver Wyman, HP, FTI, Everest, EquaTerra, Navigant Consulting, and Segal Monadnock Research - 9 April 2010 MR - Bain & Company expands global partner group; Appoints 13 new partners from nine offices across North America, Europe, Africa and Asia-Pacific. Charles River Associates appoints five new vice presidents in its Antitrust & Competition Economics, Energy & Environment, Global Industrial Consulting, and Intellectual Property practices. CSC Names retired U.S. Air Force General as Vice President, Space and Aviation Services; Names President of Australian operations. HP appoints new leader of Enterprise Services group. FTI Consulting appoints Director General of Colombia's national intelligence and security agency as managing director to lead Forensic and Litigation Consulting Segment practice based in Columbia. Everest Group appoints Gartner Consulting founder as Senior Vice President; Two new Principals for its Americas and EMEA practices; and New leader for expanded Shared Services Practice. Oliver Wyman appoints former ADL Americas Managing Director as Partner in global Energy practice. EquaTerra names Managing Director to lead IT Consulting practice. The Segal Company names Vice President and Leader of the firm's Midwestern U.S. Communications Practice. (4,820 words) . . . More
FTI Consulting Acquires Baker Tilly Hong Kong Business Recovery Ltd. Monadnock Research - 3 April 2010 MR - FTI Consulting has acquired Baker Tilly Hong Kong Business Recovery Ltd. (BTHKBR), a provider of forensic accounting, litigation support, and restructuring services, including business valuation and financial due diligence. BTHKBR will become FTI Consulting (Asia) Ltd. and will be absorbed within FTI's Asian Forensic and Litigation Consulting practice. (425 words) . . . More
FTI Consulting Chief Financial Officer Abruptly Departs Monadnock Research - 25 February 2010 MR - FTI Consulting has appointed David G. Bannister as CFO, succeeding Jorge A. Celaya, who resigned as CFO effective immediately and will leave FTI at the end of the month to pursue a new business venture. The firm has also appointed Roger Carlile as Chief Administrative Officer. In addition to his role as CFO, Bannister will retain his position in corporate development. FTI will pay Celaya severance of $700,000, plus acceleration of equity. (Includes Celaya separation agreement - 3,000 words) . . . More
Consulting Leadership News: L.E.K., A.T. Kearney, CSC, KPMG, Deloitte, PwC, EquaTerra, and FTI Consulting Monadnock Research - 25 February 2010 MR - L.E.K. Consulting appoints 13 new Partners across Europe, North America, and Asia Pacific. A.T. Kearney appoints Director of firm's Global Business Policy Council. CSC appoints President of Global Sales and Marketing; Vice President of Cyber Technology and Services. EquaTerra appoints Real Estate & Facilities Management Advisory practice leader. Former CFO of National Science Foundation joins Deloitte; Firm appoints new leader of the U.S. automotive practice. KPMG Appoints U.S. National Managing Partner of university relations and recruiting. PricewaterhouseCoopers appoints principal and leader of Capital Projects & Infrastructure practice. FTI Consulting appoints Senior Vice President and Chief Marketing Officer; Segment leader for FTI Technology. (3,170 words) . . . More
Consulting Leadership News: Capgemini, Logica, PwC, Mahindra Satyam, E&Y, Aon, CMA, FTI, Clark, and Deloitte Monadnock Research – 11 December 2009 MR - Capgemini names Chief Ethics & Compliance Officer. Logica appoints Chief Client Officer. Price Waterhouse India appoints new Managing Director. Mahindra Satyam appoints new Chairman and two audit committee members; Appoints Deloitte as auditor. Ernst & Young expands Restructuring and Working Capital Advisory Services groups. Aon Consulting names Vice President in Global Benefits Practice; Aon Investment Consulting appoints senior vice president and vice president; Financial Risk Consulting leader rejoins Aon Consulting Canada. Former New York Senate leader Joseph Bruno resigns as CEO of CMA Consulting Services after conviction on Federal corruption charges. FTI Consulting appoints three senior managing directors in litigation consulting practice. Alvarez & Marsal appoints Managing Director in Chicago Risk Management practice. Clark Consulting reorganizes, and appoints three Vice Presidents and national director. Deloitte integrates BearingPoint staff at new U.S. Federal headquarters within Arlington Corporate Executive Board facility (3,080 words). . . . More
Consulting Leadership News: CSC, Celerant, FTI, Diamond, Capgemini, MedeAnalytics, Sinaiko, Deloitte, and Wipro Monadnock Research - 16 October 2009 MR - Former Deloitte principal named President of CSC Federal Consulting. Celerant appoints VP of manufacturing practice. FTI Consulting appoints Managing Director in its Forensic and Litigation Consulting practice. Diamond appoints partner in India Financial Services Practice. Capgemini Government Solutions expands US public service capabilities with a number of leadership and external board appointments. MedeAnalytics names Senior Vice President of Consulting. Sinaiko Healthcare Consulting appoints director of risk management. Deloitte shifts to virtual operating model to serve clients in Nevada's second largest city. Wipro to hire approximately 500 US staff as signs of economic improvement appear. TCS to increase China staff by 500 percent by 2014; New center in Argentina to employ 250 staff initially. . . . More
FTI Consulting Expands Operation Serving European Clients Monadnock Research – 17 September 2009 MR - FTI Consulting has expanded its presence in Europe with the opening of a Forensic and Litigation Consulting practice in Paris. The new practice will deliver forensic accounting and litigation consulting and support services to FTI clients in France, continental Europe, and French-speaking Africa. . . . More
Consulting Leadership News: Roland Berger, FTI, SAIC, PwC, Atos Origin, HP, and Celerant Monadnock Research - 6 August 2009 Roland Berger appoints seven new international partners and two partner advancements. FTI Consulting EVP and Chief Integration Officer resigns; Firm expands International Arbitration Group and appoints two senior managing directors within its Corporate Finance/Restructuring practice. SAIC names general manager of Health Solutions business unit. PwC names partner within its US Restructuring and Recovery Services practice. Atos Origin names 3 Executive Vice Presidents and a new General Secretary. Celerant Consulting appoints Vice President and Managing Director of Latin America. HP to slash salaries of EDS staffers. Hiring at Indian "IT Majors" continues, despite the economic downturn. . . . More
Consulting Leadership News: Abt Associates, PwC, BCG, Board Advisory, KPMG, FTI, and North Highland Monadnock Research – 16 July 2009 Abt Associates names President and CEO. PwC appoints new chairman of its UK financial services regulatory practice; US advisory services talent management group leader. BCG names former U.S. Secretary of Education as senior advisor. Board Advisory names eight founding principals. KPMG appoints Northeastern US restructuring services practice leader. FTI Consulting names Senior Managing Director within the firm's Intellectual Property practice. North Highland names former CEO of Sarah Cannon Research as principal. . . . More
Consulting Leadership News: PwC, KPMG, Proudfoot, Mercer, SD Retail Consulting, FTI, and Huron Monadnock Research - 18 March 2009 PricewaterhouseCoopers elects new global Chairman. KPMG Australia's CIO/CKO to step down and lead international roll-out of Australia-developed practice management system. Proudfoot appoints President. Mercer names client manager and principal in London employee benefits practice; Appoints three within its Australian equities and real estate research and consulting group. SD Retail Consulting names consulting services leaders. Huron Consulting Group appoints managing directors in its Legal Consulting and Accounting & Financial Consulting practices. . . . More
FTI Consulting Introduces Due Diligence Offering to Help Funds Improve Investment Transparency Monadnock Research - 17 March 2009 FTI Consulting has introduced a new due diligence and transparency offering for private investment funds called the FTI Transparency Report. The new service provides managers of private investment vehicles with a third-party review of their fund management practices. . . . More
Consulting Leadership News: Bain & Company, FTI Consulting, KPMG, NERA, MDCI, Deloitte, Alvarez & Marsal, Mercer, Capgemini, Navigant, and Colton Bernard Monadnock Research - 20 Feb 2009 Bain & Company names a Chairman and Managing Director of the firm's Middle East operation. FTI Consulting appoints fourteen senior managing directors. KPMG appoints leader of renewable energy corporate finance practice in the UK and Germany. NERA Economic Consulting expands European operation; Appoints leadership team. MDCI appoints two vice presidents and one director. Leading insolvency practitioner joins Deloitte, U.K.; Former Deputy Under Secretary of the Navy joins Deloitte's U.S. Federal services group. Alvarez & Marsal Transaction Advisory Group appoints managing director. Mercer appoints investment consulting market leader. Capgemini appoints new vice presidents in its technology services and Australian operations. Navigant Consulting appoints Managing Director to lead climate change strategy and business development efforts. Colton Bernard founders commit double-suicide; Firm discontinues operations. . . . More
Consulting Leadership News: IBM, Satyam, KPMG, FTI Consulting, BDO, Alvares & Marsal, Navigant, Craford, vcfo, and TCS Monadnock Research - 23 January 2009 MR - IBM swaps responsibilities of global services and sales leaders; Layoffs of approximately 4,000 likely. Satyam investigators say the firm over-stated headcount by 32.5 percent, and allegedly diverted salaries to family-controlled entitles to purchase thousands of acres of land; Firm denies this, and media reports that top executives fled India to avoid interacting with investigators. KPMG names Chief Information Officer. FTI Consulting appoints Chief Human Resources Officer and Chief Administrative Officer. BDO Stoy Hayward appoints Risk Management Director within its Financial Services Group. Alvarez & Marsal appoints healthcare sector Managing Director. Navigant appoints new board member. Craford Benefit Consultants names Managing Director. vcfo appoints new Consulting CFO. TCS to freeze lateral hiring and maintain 2009 hiring plans for college grads. . . . More
FTI Consulting Acquires Communications Consultancy, The Element Agency (22 January 2009) FTI Consulting through its strategic communications arm, FD, has acquired the Element Agency, a leading Canadian strategic communications consultancy specializing in sustainability, issue advocacy, and corporate social responsibility (CSR) initiatives. . . . More
FTI Consulting Acquires Turnaround Advisory CXO (6 January 2009) FTI Consulting has acquired substantially all of the assets of CXO, L.L.C., an interim and turnaround management services firm. Terms of the transaction were not disclosed. . . . More
Consulting Leadership News: FTI, Aon, Huron, Two Degrees, Sibson, CNM, ADS, Civitas, Michael Peters & Partners, Tieto, Lantego, and Clarkston (4 December 2008) FTI Consulting appoints senior managing directors in its forensic and litigation consulting, and restructuring and insolvency practices. Aon Consulting appoints senior vice president of defined contribution practice. Huron Consulting Group makes appointments within firm's health and education consulting practice. Two Degrees appoints Chief Financial Officer. Segal's Sibson Consulting Appoints Vice President and Consulting Actuary. Former Amgen exec appointed to lead CNM's accounting and transactions advisory practice. ADS Financial Services Solutions appoints VP of operational performance improvement. Civitas Group appoints managing director. Branding and design consultant launches his third consultancy, Michael Peters & Partners. Tieto appoints country manager for Russia and Belarus. Information security consultancy, Lantego, launches. Clarkston Consulting hires two associate partners in its SAP practice. . . . More
Consulting Leadership News: Bain, Ian Reid, Huron, FTI, CSC, Melillo, and Foviance (7 November 2008) Bain & Company names partners within Corporate Renewal Group. Former Washington lobbyist and bank CEO launch corporate and investment advisory firm. Huron makes appointments in health and education consulting practice. FTI Consulting appoints head of its financial outsourcing group. CSC appoints VP of China operations. Melillo Consulting appoints VP, sales and marketing. Foviance appoints director of analytical consulting. . . . More
Consulting Client Insights: FTI Consulting, Wipro, Huron, and Hackett Group Monadnock Research - 17 November 2008 MRN - FTI Consulting, one of the firms most insulated from the global financial crisis, shocks analysts with unanticipated slow-down in business growth. Five consulting and IT services firms dominated the ranking of most admired Indian knowledge enterprises. Wipro co-CEO discusses firm's organization and strategy. Huron and Hackett Group announce financial results and operational metrics. (Research Note - subscription required) . . . More
FTI Consulting Pulls IPO of Technology Operation (5 November 2008) Citing an unprecedented decline and instability of capital markets, FTI Consulting said that it will delay the IPO filing planned for its eDiscovery software business until sometime in 2009, market conditions permitting. . . . More
FTI Consulting Launches Auction Practice (28 October 2008) FTI Consulting has launched a new Auction Solutions practice, which will be a part of the firm's Economic Consulting group. The auction group will advise clients on auction design, bidding strategies, and related matters. . . . More
Executive Appointments at Booz & Co., KPMG, Wipro, FTI, EDS, Korn/Ferry, MCG, and Booz Allen Monadnock Research - 17 October 2008 (17 October 2008) Thomas Stewart appointed Chief Marketing and Knowledge Officer of Booz & Co. KPMG appoints head of global advisory practice, EMA chairman, and deputy chairman. Wipro Technologies names new country head for France operations. FTI Consulting appoints managing director for new office in Madrid. MphasiS founder and chairman of the EDS Asia Pacific Advisory Board resigns. Korn/Ferry appoints two client partners. Booz Allen Hamilton has appointed ten vice presidents of the firm. MCG appoints non-executive director. Proudfoot appoints executive vice president of business development and president of European operations. Booz Allen Hamilton appoints ten vice presidents. . . . More
Consulting Client Insights: FTI Consulting, Hewitt, Huron, Mercer, Oliver Wyman, and Kroll (8 August 2008) FTI Consulting's revenue increased 40.9 percent, putting the firm on track to reach $1.3 billion in 2008 revenue. FTI now plans to spin-off its technology services operation as a separately traded company. Hewitt consulting revenues increase by 18 percent, driven by growth in retirement and financial management services, and talent and organization consulting services. Huron Consulting Group's revenues increased by 20.7 percent to $282.8 million for the first half of 2008, with utilization decreasing to 65.9 percent from 78 percent. Huron also made a decision to exit operations management consulting. Mercer's revenue increased 9 percent in the quarter, led by a 22 percent increase in investment consulting services. Oliver Wyman's revenue increased by 10 percent. Kroll's revenues increased by 20 percent, with a 21 percent increase in litigation support and data recovery services, and a 20 percent increase in risk mitigation and response services. (subscription required) . . . More
Executive Appointments at Hewitt Associates, FTI Consulting, Watson Wyatt, HRG Consulting, and Grant Thornton (8 August 2008) Hewitt Associates has appointed Eric Fiedler and Yvan Legris as co-presidents of its consulting business; and Roger Millay as CFO. FTI Consulting has promoted Declan Kelly to manage recent acquisitions. Watson Wyatt has appointed Roger Millay as chief financial officer. Mike Orchard has been appointed head of client consulting for HRG Consulting after the departure of Ian Flint. Grant Thornton appointed Scott Barnes CEO of its U.K. affiliate; Grant Thornton LLP appointed 36 new partners and Joshua Bushard as head of its U.S. hospitality practice. . . . More
FTI Consulting Acquires Attenex and Partners with Endeca, Continuing the Firm's Transformation and Consolidation in eDiscovery Services Monadnock Research Note - 11 June 2008 MRN - FTI Consulting has signed an agreement to acquire Attenex Corp., a leading provider of eDiscovery tools for email and unstructured information. The total purchase price will be approximately $88 million in cash. FTI has also entered into a strategic partnership with Endeca for eDiscovery of structured data in enterprise systems. Licenses, usage fees, hosting, and associated fees now represent 70 percent of FTI's total revenues. . . . More
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