Mercer/Oliver Wyman continued
Displaying Matches 36 thru 65 of 65 Found. FIRSTBACK
MR - Bain Partner joins South Africa leadership team. CSC appoints President of Business Development for North American Public Sector practice. Lodestone names Partner to lead new Paris office. Trianz appoints Vice President of Management Consulting. Navigant Appoints Two Managing Directors and Two Directors in Energy Practice. Mercer appoints principal and new team to launch new UK investment consulting business; Leader of new Edinburgh-based Financial Strategy Group. (1,435 words)...
Monadnock Research Note - Willis Group Holdings, the global insurance broker and advisory services firm, has sharply criticized Aon and other HR services firms for their decisions to resume acceptance of contingent commissions. This Research Note explores the issues associated with contingent commissions, including the potential conflicts of interest they may pose to providers of services in the areas of insurance risk management, financial, and human resource consulting, and actuarial services. (1,220 words)...
MR - Mercer has signed an agreement to acquire ORC Worldwide, a leading global provider of human resource consulting, intelligence, peer network, conference, and education services. The acquisition is driven largely by ORC's strong market position and reputation in the U.S., and its expertise in the area of international assignment advisory. ORC's entire range of HR consulting service areas includes: compensation strategy and practices; international mobility; human capital management; equality, diversity, and inclusion; environment, health and safety; labor and employment policy; global development; and communications. The firms expect the transaction will close in Q3-2010. (690 words)...
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 Dir...
MR - The Alaska Retirement Management Board (ARMB) has settled its December 2007 suit with Mercer. The suit was brought on behalf of two Alaska benefit plans and relating to work performed by Mercer from 1992 through 2004. Mercer continues to deny its liability in the settlement. This resolves all claims against Mercer by the ARMB and the State of Alaska in the matter. Under the terms of the settlement, Mercer will pay $500 million, with $100 million of that paid by its insurance carriers. Mercer says it would have been difficult to get a fair trial in Alaska given the fact that nearly 11.5 percent of Alaskans were plan participants. The firm also cited the complexity of the claims as another factor that increased the risk of taking it to trial. (Research Note includes copy of complaint - 240 words)...
Monadnock Research - Marsh & McLennan has signed a definitive agreement to sell its Kroll subsidiary to international screening and security solutions firm, Altegrity, Inc., in an all-cash transaction. Altegrity is owned by Providence Equity Partners, and is the holding company for USIS, HireRight, Explore Information Services, and Altegrity Risk International. The transaction is expected to close by late September. (823 words)...
MR - PRTM appoints Vice President in the firm's Energy Business Group. North Highland appoints former executive vice presidents as Co-Presidents. Aon Consulting appoints CEO of Aon Consulting EMEA, replacing departing leader; Appoints CEO of Aon Consulting UK. Mercer Investment Consulting appoints Global Director of Analytics, Research and Tools. Hewitt Associates expands its U.S. Investment Consulting practice with the addition of six consultants. CSC names vice president of cloud computing and software services; President of Northern Europe business operations. PricewaterhouseCoopers has appointed John D. Loveland as a managing director in the firm's US Forensic Technology Solutions practice. The Deloitte Center for Energy Solutions has named former Chevron executive Peter Robertson as independent senior advisor. Segal Advisors makes senior consulting appointment. RBF Consulting appoints Vice President and Natural Resources Practice Leader. (2,350 words)...
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 En...
MR - Mercer is expressing extreme disappointment in the U.K. government's decision to implement a policy that restricts higher rate tax relief on pensions. Firm sources say that beyond the cost burden the changes will impose on the pension schemes themselves, there will be consequences to very high earners leaving employer sponsored plans that will likely result in the closure of high quality schemes for all employees. Mercer says that, even in the detail of the new framework, overwhelming industry dissent was ignored, bringing the credibility of the consultation process into question. (490 words)...
MR - PwC appointed 53 new UK partners in fiscal 2008, including 21 direct entry partners; Names head of UK community affairs. Mercer does "lift out" of defined contribution practice team from Callan Associates and appoints UK principal and client manager; Former Towers Perrin Managing Director joins Mercer as market leader. Deloitte names Chief Advisor and Northwest Pacific leader to Asset Management Services practice. Wipro names Germany country leader, and former SAP CEO to board; Expands UK operation. Capgemini makes appointments to US public sector leadership team. Keane appoints former HP Vice President as Executive VP of European Operations. Ciber appoints two Executive Vice Presidents. RSM McGladrey appoints California transaction support services leader; Names Managing Director of new Atlanta office. Mesirow Financial Consulting names Managing Director in Corporate Recovery Group. Former SAP services SVP joins BackOffice Associates....
The Marsh & McLennan Companies (MMC) recently sold Kroll Government Services, an advisory services firm focused on US government security clearance screening. MMC also announced its Q2 financial results. Overall MMC consulting revenue declined 17 percent to $1.1 billion in the second quarter, or 9 percent on an underlying basis....
The US Securities and Exchange Commission (SEC) has proposed new rules to curb improprieties and conflicts of interest for individuals and firms providing advisory services to public sector organizations. The proposed rules would apply to advisors providing services in the areas of fund management, risk management, asset allocation, financial planning, cash management, investment advisory, and assessment and evaluation services for vetting firms providing related services. The SEC has also formed an Investor Advisory Committee to help guide the commission's work....
There are signs that deep workforce, pay, and benefit cuts are moderating as businesses budget for the remainder of 2009, according to the results of a recent global Mercer study. While two-thirds of organizations worldwide have reduced staff over the past six months and 58 percent expect to make workforce reductions during the remainder of 2009, fewer companies plan to cut more than 10 percent of staff....
Mercer has agreed to pay $45 million to plaintiffs Milwaukee County and the Milwaukee County Employee's Retirement System. The settlement comes after the first two weeks of a jury trial at the Federal District Court of the Eastern District of Wisconsin...
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....
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....
Mercer has signed a definitive agreement to merge its investment consulting business with Callan Associates, bolstering the U.S. and global investment consulting capabilities of the combined firm....
(21 January 2009) Mercer has relocated its global leader of executive remuneration, Diane Doubleday, from the U.S. to London. The firm has also launched a European Executive Remuneration Centre of Excellence (CoE) in Geneva. Mercer says the initiatives will help client organizations better respond to increasing executive pay scrutiny and requirements in the current economic environment....
MR - Former McKinsey partner joins Obama staff as chief performance officer. KPMG Europe appoints Chief Operating Officer. Mercer names new head of its human capital consulting business in Europe and the Middle East. Proudfoot Consulting names Global Head of Operations. Capgemini appoints four vice presidents in its management consulting organization. FTI consulting appoints Senior Managing Director to establish economics practice in Europe. Huron Consulting Group appoints 18 managing directors. ICF International appoints director of global recruiting. CantorCO2e appoints vice president and director of North American Sustainability Strategies practice. Heidrick & Struggles to cut staff by 15 percent....
(22 December 2008) Anticipating a tough 2009, companies remain selective in planning workforce, pay, and benefit cuts, according to a recent global survey by Mercer. Eighty-one percent of survey respondents expect a decline in their own company's business performance in 2009, with 35 percent likely to make significant workforce reductions. Worry about retirement investments tops the list of employee concerns....
(13 November 2008) BearingPoint names new financial chief; Tenth to hold position in nine years. KPMG International appoints Chief Financial Officer; Announces job cuts. Tunnell Consulting promotes Senior VP to President and CEO. CSC appoints Chief Financial Officer and VP of Marketing and Strategy. Perot selects Managing Director for China operations. Mercer names head of global operations and shared services center for consulting and other groups; Appoints human capital practice principal and member of Americas leadership team....
(12 November 2008) Mercer will now offer a service to clients that analyzes the 'carbon footprint' of investment portfolios, with benchmark comparisons to various market indices. Mercer says the new client offering comes as more institutional investors express an interest in assessing and better managing the risks and opportunities of investments on the environment and climate change....
(20 October 2008) The Italian human capital operations of Mercer has merged with Tesi to create a new consulting organization to advise Italian and international companies on human capital issues. The combined business will be known as Mercer Tesi....
(3 October 2008) PricewaterhouseCoopers makes new global network executive appointments; Admits 19 new partners and 27 associate partners. Robert Namias joins Publicis Groupe as VP of Publicis Consultants I France. Chris Lu elected CEO of Deloitte China. BDO Seidman elects Jack Weisbaum to his second four-year term as CEO; BDO Consulting appoints Ralph Fatigate to lead Mortgage Lending Investigative Unit. RTM Consulting appoints Mark E. Sloan as COO. ISA Consulting appoints Francois Ross as Director. Censeo appoints Timothy M. Laseter as acting COO. Mercer appoints Nick White Director of Asia Pacific Consulting for investment consulting business. Ardent Management Consulting names Michael Matechak, VP and Partner. Logica appoints Laurent Allard as CIO....
(30 September 2008) Cultural integration issues in M&A transactions have direct financial implications on deal value, according to the results of Mercer's Cultural Integration Snapshot Survey. The survey, which included 119 organizations from across the Americas and Europe, found that close to sixty percent of respondents reported that the success of recent M&A transactions was negatively impacted by cultural integration issues....
(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)...
MR - Oliver Wyman has acquired ChapterHouse, a healthcare strategy consulting firm serving clients in North America. Chicago-based ChapterHouse and its staff of 50 will immediately join Oliver Wyman's Health & Life Sciences practice....
(16 July 2008) Three Mercer consultants were among the witnesses testifying before two working groups of the U.S. Department of Labor's ERISA Advisory Council. Mercer Worldwide Partner Elizabeth Dill represents the interests of actuarial counseling on the Advisory Council. The firm also provided written testimony to the Senate Committee on Aging....
MR - Ernst & Young has named Howard Roth as the organization's new Global and Americas Director of the firm's 5,000 member Real Estate practice; Jules B. Kroll, the founder of Kroll, will retire from the Marsh & McLennan Companies this month; R. Corey Booth, will be leaving his position as CIO of the SEC to join the Boston Consulting Group as a leader within its financial services practice; Jeffery Gruen, M.D. has joined PRTM Management Consultants as a director and co-head of the firm's healthcare practice; Former Starbucks Senior VP of manufacturing and operations, Rich Soderberg, has joined Alvarez & Marsal's business consulting practice as a senior director; Linda E. Amuso has been appointed president of Aon Consulting's Radford Surveys + Consulting; and Fidelity Investments has named Bob Lucido as a Senior VP within its consulting services group to launch an HR strategy practice....
MR - PRTM has appointed Edward M. Straw, former president of global operations for the Estée Lauder Companies, as executive vice president; Proudfoot Consulting, has named John Manrodt and John Klustner senior vice presidents; NERA Economic Consulting has hired James Heidell as a vice president in its global energy, environment, and network industries practice; Mercer has appointed Tim Gardener as global chief investment strategist; Avaya has appointed Christopher Formant as president of Avaya Global Services; Huron Consulting has named Dr. Michael E. Whitcomb as an advisor to the company's higher education practice; SAIC has named Clement Chen as senior vice president for strategic development; AlixPartners has named managing director, Frederick A. Crawford, chief executive officer and a member of the firm's board of directors; Ernst & Young has named Mick Summersgill as a director in the firm's recently-launched insurance run-off practice; and Aon Consulting has promoted ...