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McKinsey & Company
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Starbucks taps McKinsey alum Laxman Narasimhan as incoming CEO
Starbucks has selected former McKinsey partner Laxman Narasimhan as its incoming CEO.
19 September 2022
US senators push for stronger conflict of interest rules for federal contractors
A bipartisan group of US senators has drafted a bill that would impose stricter rules for consulting firms contracting with federal agencies – and would force them to disclose work with foreign adver
18 July 2022
McKinsey & Company plans to nearly double Atlanta workforce by 2025
Management consultancy McKinsey & Company last week announced plans to expand its Atlanta workforce from 800 to 1,500 people by 2025.
12 July 2022
McKinsey strengthens data capabilities with Caserta acquisition
McKinsey & Company has acquired Caserta, a New York-based data analytics consulting and implementation firm.
02 June 2022
McKinsey advised Rostec on commercial and operational improvement
McKinsey & Company provided consulting services to Russian weapons manufacturer Rostec at the same time it was advising the US Department of Defense.
24 May 2022
McKinsey grilled by house committee over parallel work in opioid case
A Wednesday hearing before the House Committee on Oversight and Reform criticized consulting firm McKinsey & Company for advising opioid manufacturers at the same time that it provided services to the FDA.
02 May 2022
Corporate giants launch $925-million fund for carbon removal
Stripe, Alphabet, Shopify, and McKinsey & Company have launched Frontier fund, a public benefit corporation aimed at supporting carbon removal startups and lowering the cost-per-ton to remove CO2 fro
13 April 2022
McKinsey: Worst-case scenario of Ukraine war includes US recession
A recent McKinsey & Company report that examines the global economic impact of the Russian invasion of Ukraine says the worst-case scenario could result in a recession for the eurozone and United Sta
23 March 2022
Big consultancies move to cut ties with Russia after backlash
The Big Three strategy firms and Big Four accounting and consulting firms have announced they are suspending operations in Russia.
07 March 2022
McKinsey, BCG and Bain bosses respond to Russia's criminal aggression
Bob Sternfels (McKinsey & Company), Christoph Schweizer (Boston Consulting Group) and Manny Maceda (Bain & Company) share their response on the Russia-Ukraine war.
28 February 2022
McKinsey partner James Manyika joins Google as head of tech and society
James Manyika, a former senior partner at consulting firm McKinsey & Company, has joined Google to serve in the newly created role of senior vice president of technology and society.
07 February 2022
Ex-McKinsey partner pleads guilty to insider trading
Puneet Dikshit, a former partner at consulting firm McKinsey & Company, on December 15 pled guilty to a single count of securities fraud in Manhattan federal court.
03 January 2022
BCG and McKinsey senior leaders named LGBT+ executive role models
INvolve, a diversity and inclusion consultancy, has named Gabrielle Novacek and Michael Schachtner of BCG and Diana Ellsworth of McKinsey among its 100 global OUTstanding LGBT+ Executive Role Models
01 December 2021
McKinsey investment fund pays $18 million to SEC for compliance failures
MIO Partners, a private investment fund affiliated with consulting firm McKinsey & Company, has agreed to pay an $18-million fine to the US Securities and Exchange Commission over allegations the fund had ina
24 November 2021
McKinsey employees call out firm for advising globe's largest polluters
More than 1,100 employees at consulting firm McKinsey and Company signed a letter earlier this year calling for the company to do more to encourage its clients – many of whom are among the most envir
29 October 2021
Pfizer hires McKinsey's Aamir Malik as dealmaking chief
Pharmaceutical giant Pfizer has hired Aamir Malik, a senior partner in McKinsey & Company’s pharma & medical products practice, as EVP and chief business innovation officer.
30 August 2021
Asad Jabbar joins McKinsey as head of alliances for US public sector
Asad Jabbar has joined strategy firm McKinsey & Company as head of alliance and partnerships for the US public sector. He is based in the Washington metropolitan area.
26 July 2021
Cultivated meat could be a $25-billion global industry by 2030
Cultivated (or lab-grown) meat could be a $25-billion global industry by 2030, according to a new report from consulting firm McKinsey & Company.
16 July 2021
How social identities are affecting post-Covid economic prospects
A “sobering” reality: last year’s pandemic exposed all manner of institutional and social discrimination across the US economy.
07 June 2021
McKinsey & Company launches McKinsey Sustainability unit
Strategy firm McKinsey & Company last month launched a sustainability platform to help clients cut carbon emissions and achieve net-zero goals.
26 May 2021
Edtech platform founded by McKinsey alumni ropes in funding
EdCraft, an early education platform founded by a group of McKinsey & Company alumni, has secured $1 million in pre-seed funding from Silicon Valley-based angel investors.
21 April 2021
The real benefit of the cloud? Innovation, says McKinsey
More than $1 trillion could be unlocked among the Fortune 500 if the role of cloud is expanded beyond just a cost cutting tool, to a driver of innovation.
14 April 2021
Massachusetts gives McKinsey $1.6 million to advise on 'future of work'
The Massachusetts governor’s office has awarded strategy firm McKinsey & Company a $1.6 million contract to study how the pandemic will affect the “future of work” in the state.
06 April 2021
Hollywood missing out on $10 billion by undervaluing Black projects
Hollywood could unlock $10 billion in annual revenue (a 7% increase) if it addresses racial inequities in the US film and TV industry, according to a report from strategy firm McKinsey & Company.
22 March 2021
Bob Sternfels is McKinsey's new global managing partner
McKinsey’s 650 senior partners have selected the American Bob Sternfels as their new global managing partner.
10 March 2021
Bob Sternfels or Sven Smit to become McKinsey's next leader
McKinsey’s senior partners have voted the firm’s current Global Managing Partner out of his role, meaning that the global strategy consulting firm will either have an American or a Dutchman take over the reins.
24 February 2021
McKinsey commits $30 million to Generation non-profit
Generation is McKinsey & Company’s philanthropic initiative aimed at building employment opportunities globally.
24 February 2021
McKinsey expands partnership with Girls in Tech
Strategy firm McKinsey & Company has expanded its partnership with Girls in Tech, a nonprofit focused on ending the gender gap in tech.
09 February 2021
The top US consulting firms for LGBTQ employees and allies
The Human Rights Campaign Foundation has unveiled its ‘Best Places to Work for LGBTQ Equality 2021’ list, featuring the top employers in the US for LGBTQ people and allies.
01 February 2021
McKinsey acquires cloud consultancy Candid Partners
Strategy firm McKinsey & Company has acquired Candid Partners, an Atlanta-based provider of cloud consulting services to large organizations.
20 January 2021
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
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