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McKinsey & Company
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Global banking industry could lose up to $4 trillion in revenues
The next five years will pose unprecedented challenges to global banking, with heavy credit and revenue losses.
21 December 2020
McKinsey waives millions in fees for work on Westmoreland Coal bankruptcy
Consulting firm McKinsey & Company has agreed to waive the fees for its work on the Westmoreland Coal bankruptcy, settling a nearly two-year mediation with the US Trustee Program (USTP).
04 December 2020
AlixPartners adds former McKinsey partner Elizabeth Stephenson
Global consulting firm AlixPartners has welcomed Elizabeth Stephenson, a former McKinsey partner and C-suite executive in consumer products, as a managing director in the firm’s Los Angeles office.
06 November 2020
McKinsey partner Saf Yeboah-Amankwah joins Intel as chief strategy officer
Saf Yeboah-Amankwah, a senior partner at management consultancy McKinsey & Company, has joined semiconductor manufacturer Intel as SVP and chief strategy officer (CSO), effective November 1.
01 October 2020
Consumer optimism remains muted, focused on value and essentials
Even as countries have lifted many pandemic restrictions, consumer optimism remains muted and spending intent is still below pre-crisis levels, according to a report from consulting firm McKinsey & C
09 September 2020
McKinsey working with New Jersey on several strategy projects
Consulting firm McKinsey will earn approximately $35 million between 2018 and 2022 performing strategy work for several New Jersey government agencies.
04 September 2020
McKinsey partner Jason Wright named NFL's first Black team president
The Washington Football Team has hired Jason Wright, a former McKinsey partner and NFL running back, as its new team president.
26 August 2020
Billions in profits evaporate due to supply chain disruptions
As political, climate, and pandemic risks increase, companies could lose an average of 45% of annual profit once per decade due to supply chain disruption, according to a recent McKinsey report.
20 August 2020
McKinsey's LGBTQ+ network GLAM celebrates 25th anniversary
The LGBTQ+ network of global management consultancy McKinsey & Company has celebrated its 25th anniversary.
19 August 2020
McKinsey wins $5 million healthcare consulting contract in Washington state
Consulting firm McKinsey & Company won three no-bid, pandemic response contracts in Washington state worth a combined $5 million, according to a report from The Seattle Times and Northwest News Netwo
12 August 2020
McKinsey: Better healthcare a $12 trillion economic opportunity
Set in the context of Covid-19, a new McKinsey & Company report details just how much of an impact improvements in global health can have.
15 July 2020
Former McKinsey partner Josh Leibowitz named president of Seabourn
Josh Leibowitz, a former partner at consulting firm McKinsey & Company, has been named president of the ultra-luxury cruise line Seabourn.
03 July 2020
Corporate workplaces falling short on LGBTQ+ inclusion
Corporate workplaces are falling short on LGBTQ+ inclusion, according to a recent report from consulting firm McKinsey & Company.
01 July 2020
Government taps McKinsey to help manage $175 billion payout to hospitals
Consulting firm McKinsey & Company has been hired by the Deaprtment of Health and Human Services (HHS) to help manage $175 billion in federal relief funds for hospitals impacted by the coronavirus pa
25 June 2020
GSA stops McKinsey's contract, claims fees were too high
The General Services Administration (GSA), the contracting and property management arm of the federal government, has terminated a multiple award schedule (MAS) contract with consulting firm McKinsey
27 May 2020
McKinsey: Covid-19 impact could reach 57 million jobs in US
Up to 57 million US jobs are vulnerable – encompassing permanent layoffs, temporary furloughs, and reductions in hours and pay.
11 May 2020
Eric Chewning rejoins McKinsey & Company's defense practice
Eric Chewning has rejoined global consulting firm McKinsey and Company as a partner in the aerospace and defense practice. He returns to McKinsey after a stint in the Pentagon.
07 May 2020
New York enlists McKinsey to create 'Trump-proof' reopening strategy
New York Governor Andrew Cuomo has hired consulting firm McKinsey & Company to create a science-based plan for reopening the state economy, and which will hold up to pressure from President Trump, ac
21 April 2020
McKinsey invests in cybersecurity company Praetorian
Strategy firm McKinsey & Company has invested in Praetorian, an Austin-based cybersecurity consultancy.
28 February 2020
Citi names former McKinsey partner David Chubak head of US retail banking
Citigroup has named David Chubak as its head of US retail banking. Chubak has held senior strategic roles at the bank since 2013, when he joined Citi from management consultancy McKinsey & Company.
21 January 2020
Freddie Mac hires McKinsey to advise on capital management
Housing finance company Freddie Mac has hired management consultancy McKinsey & Company to advise on capital management, as the company looks to exit government control. “After a competitive ...
20 November 2019
McKinsey & Company opens retail store in Mall of America
Consulting firm McKinsey & Company has opened a retail store at the Mall of America.
02 October 2019
McKinsey acquires capital projects consultancy Westney Consulting
Strategy firm McKinsey & Company has acquired Houston-based Westney Consulting, a leading advisory firm in the capital projects space.
10 September 2019
McKinsey tops Vault's 2020 'Consulting 50' ranking
McKinsey & Company was ranked the top consulting firm to work for in North America according to Vault.com’s 2020 Top 50 ranking.
22 August 2019
Bay Area homelessness crisis needs coordinated strategy, says McKinsey
Coordinated effort from governments, nonprofits, and private sector is needed to stem the growing homelessness issue in the San Francisco Bay Area, according to a recent report from management consul
22 July 2019
US utilities should improve resilience as climate change hits market
The impact of climate change on the global economy is expected to increase as storms become more frequent and intense. Utilities already face additional costs from increased storm activity.
18 July 2019
Automation holds opportunities and risks for women workers
Automation and technological advances could unlock unprecedented opportunities for women, according to a recent McKinsey & Company study.
08 July 2019
Former McKinsey partner named CFO of Yum Brands
Fast-food company Yum Brands has named Chris Turner as its new chief financial officer. Turner was formerly a partner in the Dallas office of strategy firm McKinsey & Company.
01 July 2019
McKinsey outlines the challenges facing Georgia's economy
The state of Georgia faces a number of weaknesses that could put a damper on future economic growth, including skills shortages, insufficient transportation infrastructure, and poor health outcomes –
29 May 2019
Consultants set to analyze national student loan portfolio
The US Department of Education has hired two consulting firms to examine and analyze the student loan portfolio as part of the Trump administration’s ongoing consideration of its sale to private inve
22 May 2019
McKinsey & Company launches St. Louis office
Big Three strategy firm McKinsey & Company has opened a St.
07 May 2019
Global telecom leaders expect 5G rollout to take until 2022
Telco CTOs expect 5G rollout to take until 2022, and believe that the new cutting edge cell networks will increase their capital-expense-to-sales ratio, according to a new report from McKinsey & Comp
13 March 2019
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