|[July 21, 2014]
Arthur D. Little Announces the Election of Its Chief Executive Officer, Board of Directors and Committees
BRUSSELS --(Business Wire)--
Arthur D. Little, the global management consultancy linking strategy,
technology and innovation to transform business, announces that its
Board of Directors has been re-elected by its General Assembly of
Shareholders during the Annual General Meeting held in Belgium.
Following the election of the Board of Directors, Ignacio GarciaAlves
was re-elected for another three year term as Chairman of the Board and
Global Chief Executive Officer.
The Board of Directors comprises Vincent Bamberger, Managing Partner of
France, Saverio Caldani, Managing Partner of Italy, Fabian Doemer,
Managing Partner of Central Europe, Ignacio GarciaAlves, Chief Executive
Officer and Chairman of the Board, Thomas Kuruvilla, Managing Partner of
the MiddleEast, Bo Lenerius, Managing Partner of Nordics, and Nick
White, Managing Partner of the United Kingdom.
"This election is a vote of confidence on the successful transformation
of Arthur D. Little since its MBO (Management Buy-Out): the acquisition
of the firm will have been reimbursed by the end of 2014 (in only three
years), the value-creation has increased year-on-year and nearly 25 new
Partners have been added to the firm. We will concentrate in the next
three years on accelerating the growth and on realizing the potential of
our new positioning" says Ignacio GarciaAlves, the Global Chief
Executive Officer of Arthur D. Little.
The General Assembly also elected the new Audit Committee, Partnership
Committee and Compensation Committee for a new three year term.
Since the company was founded in 1886, Arthur D. Little has been at the
forefront of shaping the consulting industry and helping clients succeed
in the "World of Innovation and Creativity". Arthur D. Little combines
deep industry knowledge, creative methodologies and a collaborative
consulting model, to best address its clients' needs for capturing
megatrends and continuously reinventing their business model.
"I am very grateful for this renewed expression of the confidence of the
Partners and I am honored to serve and lead Arthur D. Little for a new
term", says GarciaAlves.
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