Growth consultancy Frost & Sullivan appoints new CEO

02 April 2019 Consulting.us

Consulting firm Frost & Sullivan has appointed experienced consulting executive and bestselling author Richard A. Moran as its CEO.

Founded in 1961, Frost & Sullivan provides growth strategy, corporate training, and market research and analysis services to clients across a range of industries. The firm has 1,800 employees across offices in the Americas, Europe, Africa, the Middle East, and Asia, and has annual revenue in excess of $200 million.

With the appointment of Moran, Frost & Sullivan believes it has chosen a leader with the perfect skillset for its needs. "It's unusual to find someone who has experience leading and succeeding in the areas of research, consulting, technology and leadership. Richard has proven experience in all areas that align with Frost & Sullivan's core mission, and we are pleased to welcome him," David Frigstad, chairman of the firm’s board of directors, said.

As CEO, Moran will guide global operations and strategy at Frost & Sullivan, with a focus on helping clients accelerate growth.

Growth consultancy Frost & Sullivan appoints new CEO

Moran was previously the CEO of consulting and outsourcing firm Accretive Solutions, leading the company for four years. Before that, he was a partner at technology, healthcare, and energy-focused venture capital firm Venrock, where he concentrated on social media, software, gaming, and e-commerce.

Moran also spent 15 years at Accenture, where he was a partner. During his tenure at the management and technology consultancy, he led transformation efforts related to strategy, IT, and organization restructuring.

Moran is best known for his series of bestselling humorous business books, which include “Never Confuse a Memo with Reality” and “The Thing About Work: Showing Up and Other Important Matters.” A renowned workplace expert, Moran is the host of KCBS radio program “In The Workplace," which airs weekly to over 1 million listeners.

He holds a PhD in organization behavior and higher education from Miami University, as well as an MS in personnel from Indiana University Bloomington. 

Outside of his work in consulting and media, Moran also served as the tenth president of Menlo College, a business-focused, four-year college based in Silicon Valley.

"Businesses across the globe are worried about growth and innovation,” Moran said. “Frost & Sullivan is uniquely positioned to solve those problems, and it is an honor to join the organization."

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Maine Pointe promotes Mark McTigue to executive vice president

24 April 2019 Consulting.us

Two years into his role, Maine Pointe has promoted Mark McTigue from vice president to executive vice president.

At Maine Pointe, McTigue has a specific focus on the private equity industry and has helped several of the firm’s private equity clients boost their returns on portfolio companies. “His skills and insights have proven essential in helping clients achieve unparalleled levels of competitive success,” said David Jadwin, who leads Maine Pointe’s business development activities.

McTigue joined the international supply chain and operations consultancy in early 2017, bringing more than 25 years of experience in sales and marketing, supply chain management, and consulting to the firm. Most recently, he served operations consultancy The Highland Group as a senior partner, and was EVP of business development in North America for Alexander Proudfoot – another operations specialist. 

During his more than 15 years in consulting, McTigue has worked with a variety of clients (Fortune 1000, mid-market companies, and start-ups) across multiple industries, spanning consumer packaged goods, industrial products, chemicals, food and beverage, automotive, oil and gas, financial services, high-tech, hospitality, and logistics.

McTigue specializes in helping executives and senior managers design and implement operational excellence programs across the end-to-end supply chain – allowing them to drive more than a billion dollars in sustainable EBITDA and cash improvements.

“Mark has been instrumental in driving supply chain optimization and surpassing clients’ targets for growth,” Jadwin said. “He has also played a key role in positioning Total Value Optimization [Maine Pointe’s approach for creating end-to-end shareholder value across the entire supply chain] as one of the most important business methodologies.”

Maine Pointe promotes Mark McTigue to Executive Vice PresidentMcTigue frequently publishes thought leadership pieces in high-profile business management publications, including The Innovation Enterprise, where his article "The effectiveness of operating resources in creating incremental value" examined the importance of value creation and how private equity firms have diversified their roles. In a recent article on Consultancy.org, McTigue and Maine Pointe’s Michael Kirstein discussed the role analytics plays in helping private equity improve due diligence.

His appointment comes at a time when private equity firms are investing more than ever, though are simultaneously struggling to translate these investments into equity. “We often see a value gap between targets for cost reduction, cash flow, and growth and the actual value derived from an acquisition,”  McTigue said, referring to a study conducted by Maine Pointe last year among executives in the private equity industry.

“In my new role as executive vice president, I will continue to help our private equity clients achieve success in the face of their challenges.” 

Earlier this year, Maine Pointe in the US appointed Rex ClothierJanice Pinson and Mary Lyons to senior roles. Globally, the consultancy has offices in Asia and Europe.