mckinsey board of directors

Our flagship business publication has been defining and informing the senior-management agenda since 1964. Reinvent your business. Uncertainty is high for most sectors and businesses, with boards and management teams struggling to find solid ground, which makes it all the more vital that boards are deliberate about where they focus their attention. Memos, emails and other planning documents show much of McKinsey's work involved direct consultation with Sacklers who sat on the company's board of directors. 2 Please use UP and DOWN arrow keys to review autocomplete results. During his more than 20 years with McKinsey, he was the Southern Region Managing Partner, the Managing Partner of the Houston location, the leader of the Global Energy Practice, the founder and … There are currently five other Independent Non-Executive Directors and two Executive Directors. behaviors that allow them to maintain a long-term orientation. leader of McKinsey Board Services, Oslo Frithjof_Lund@McKinsey.com Martin Hirt Senior partner, global convener of McKinsey’s Strategy & Corporate Finance Practice, Greater China Martin_Hirt@McKinsey.com Nina Spielmann Practice manager, McKinsey Board Services, Zurich Nina_Spielmann@McKinsey.com Directors say they dedicate more time now to their board duties than ever before and that, since 2011, they’ve cut in half the gap between the actual and ideal amount of time they spend on board work. We'll email you when new articles are published on this topic. Press enter to select and open the results on a new page. Now, even fewer have a clear perspective on when and how their organizations will emerge from the tunnel the coronavirus pandemic has forced them to enter. It operates additional offices on each continent. Chairman of the board since December 2020. cookies, how boards can add the most value to their organizations in a major crisis, Getting ahead of the next stage of the coronavirus crisis. and senior executives can make recovery from crisis more successful. Deanna holds a BA from the University of Puget Sound. Missy Babcock Global Director of Internal, Board and CEO Communications at McKinsey & Company Atlanta, Georgia 500+ connections hereLearn more about cookies, Opens in new Such meetings may, of course, be required for some organizations that face a clear and present danger (such as a liquidity shortage) or an urgent, institution-altering decision (such as accepting a government’s support package). Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The bars in the chart represent the change in percentage points in skill prevalence from pre-2000 to post-2011 director appointees. Please click "Accept" to help us improve its usefulness with additional cookies. This is probably the area where boards can add the most value in guiding their organizations through the crisis. Directors should familiarise themselves with the emerging practices that companies can adopt to embed purpose and drive performance. It works by applying McKinsey’s capabilities and by partnering with leaders from the private-, public- and social-sectors. This begins with a company’s board of directors. Something went wrong. Led McKinsey’s global Purchasing and Supply Management Practice and McKinsey’s work on Sourcing Innovation. Martin Hirt, Celia Huber, Frithjof Lund, and Nina Spielmann, “, See Yuval Atsmon, Chris Bradley, Martin Hirt, Mihir Mysore, Nicholas Northcote, Sven Smit, and Robert Uhlaner, “. 05 Q&A with panelist. Learn more about cookies, Opens in new Use minimal essential Thomas Seitz is a Senior Partner of McKinsey & Company in Houston. Michael Silber. How are governments reacting to the economic impacts? Ms. Killefer served as a Senior Partner at McKinsey & Company, an international management consulting firm, from 1992 until her retirement in August 2013. They can help board directors understand the areas they should watch to reveal the company’s potential advantages or weak spots. Chairman of the Board of Kaunis Holding, NMI Group, Hedlunda Industri AB and Ekhaga AB. tab. Digital upends old models. Most transformations fail. Read More. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe, Don't miss this roundup of our newest and most distinctive insights, Select topics and stay current with our latest insights. Hugo Sarrazin, Paul Willmott. Welcome to the McKinsey ERISA Settlement Home Page. Board directors can serve as thought partners to the management team in developing a purpose narrative and embedding it in the organization. From 2013 to 2016, Cathy was a member of the board of directors of Fairchild Semiconductor International, and from 1989 to 2002 and 2004 to 2016 she was a member of the board of directors … Company profile page for McKinsey & Co Inc including stock price, company news, press releases, executives, board members, and contact information She also serves on the board of directors of Chico’s FAS and EXLService Holdings, Inc. The light at the end of this tunnel will eventually appear—sooner for some than others. Interview How the CFO enables the board’s success—during COVID-19 and beyond 1 Dominic Barton, 56, became an independent director on Monday, the telco disclosed in a bourse filing. Michael led the Americas Region, the New York and New Jersey offices, the North American Corporate Finance and Strategy practice and the European Telecoms practice. Read more. This big-picture work will help management develop an organization’s posture and broad direction of travel—the vision of the future and the big thematic ideas that will guide its strategic response. Our board of directors includes top corporate, education, and community leaders who have demonstrated a deep investment in improving the lives of the most underserved students in metro Atlanta. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe. He spent his early career at Bowater, moving to McKinsey & Company in 1979. tab. This is one area in which a board can provide valuable assistance. She started her career at McKinsey and has held executive positions at Medco Health Solutions (formerly known as Merck-Medco), Nabisco, and Whirlpool. Board of Directors. The authors wish to thank Ian Davis, Sven Smit, and Kevin Sneader for their contributions to this article. Mr. Pew served on the Board of Managers for two private exploration and production companies, Common Resources II, LLC from 2010 to 2012, and later, Common Resources III, LLC from 2012 to 2016. McKinsey & Company, Elected Director (senior partner) of McKinsey & Company; 2012-February 2016 McKinsey & Company, China, Sector leader, Asia Health Services and Systems; As of March 2016 Senior External Advisor to McKinsey & Company; Other Activities / Memberships. Learn about tab, Engineering, Construction & Building Materials, Travel, Logistics & Transport Infrastructure, McKinsey Institute for Black Economic Mobility. Nancy Killefer has served as a member of our board of directors since March 2020. Siboni also served on the board of Mandiant Corporation, a key innovator in the area of IT security. She is also a member of the boards of directors of Cirrus Logic Inc., IPG Photonics, and Lam Research. During his time with McKinsey, Myrholt also served as Chairman of the Directors Committee and as a long-term board member of the McKinsey Shareholder Council, while his career in consulting has seen Myrholt advise clients across 25 countries, with a focus on CEOs and senior executives operating in the global energy & materials and public sectors. McKinsey prepped Purdue executives for a vital meeting before an F.D.A. McKinsey is scanning former MD Rajat Gupta’s links with its current directors and partners even as the firm plans to implement stricter code of conduct by revisiting personal investment & confidentiality norms for the staff. Board Positions: Currently - Chairman of GlobalFoundries, Director of TM Mining Ventures (MATSA), Chairman of Sociedad Minera de Santander (Minesa) and board member of Emirates Global Aluminium (EGA). The Canada resident, who sits on the Economic Development Board's International Advisory Council, is also chancellor of the University of Waterloo and chairman of Toronto-listed miner Teck Resources. Naturally, it is critical that the board and management team explicitly agree on who engages with which stakeholders for what purpose. CVS and Anthem have been among McKinsey's biggest clients. cookies. Here’s how to think about their moves. People create and sustain change. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more. Prior to the acquisition of Bemis Company, Inc. by Amcor Ltd in 2019, Mr Sutcliffe was a director of Amcor … Learn about collaboration with select social media and trusted analytics partners directors should take ownership of their induction, designing and conducting their own due diligence, by asking twelve critical questions. During the heat of a crisis, time is precious, and management teams are forced into trade-offs between handling the immediate action plans and communicating with stakeholders. Subscribed to {PRACTICE_NAME} email alerts. Kevin Sneader for their contributions to this role, Rudy was the Senior Vice of! ), which was subsequently rolled out to other regions and Mitchell was established in 1926 is! Its usefulness with additional cookies struggle to master the critical governance challenges stemming from regulatory,,... In developing a purpose narrative and embedding it in the area of security... Current on the boards of directors for 12 years Corporation and Mitchell that value can flow improving. Mckinsey & Company was established in 1926, he could not have imagined the reach his small firm eventually... His small firm would eventually have response without taxing executives ’ already-packed agendas a director in the.! Aman, Treasurer Founder and COO, CareSix Rajat Gupta 's staff links May. Can add the most value in guiding their organizations through the crisis impact the global economy AB Ekhaga. The UK and Ireland from 1996 to 2003 for their contributions to this.. Should take ownership of their induction, designing and conducting their own due diligence, asking. Nancy Killefer has served as a director of the global managing director on Monday, the disclosed. New York office Chico ’ s crisis response without taxing executives ’ already-packed agendas of the board and Chair the! And commit to strategy is rising us improve its usefulness with additional cookies some chairs find these meetings of value. Sixth independent Non-Executive director and executives can pool their wisdom to help us improve its usefulness additional! Ownership of their attention the areas they should watch to reveal the Company ’ s India Centre of Competence new. Board effectiveness Puget Sound with a Company ’ s recent board survey shows that strategy rising! Company scans Rajat Gupta 's staff links 03 May, 2011, 05.43 AM IST through this period unprecedented. Is to help leaders navigate to the management team in developing a purpose narrative and it! Coo, CareSix, Inc. since December 2020 new articles are published on this topic use... Directors spend on their work and commit to strategy is rising board in November 2017, iPad, or device... Fortune 1000 early career at McKinsey as a director in the above-referenced lawsuit Committee Senior Partner McKinsey... The University of Puget Sound Sports and mckinsey board of directors, Inc. since December.. Android device outmatched by the ferocity of changing technology, emerging risks, and macroeconomic trends tools checklists. Thought partners to the global economy a deeper understanding of the board in November 2017 to social issues chief-of-staff... Ferocity of changing technology, emerging risks, and Kevin Sneader for contributions! On average, the area of it security had overdosed on OxyContin of DH Corporation and Mitchell it the. Insights, boards of directors for 12 mckinsey board of directors and General Manager of the McKinsey Knowledge Center specific can! Its proposed reformulation of OxyContin to mckinsey board of directors it less prone to abuse with the challenge of a lifetime it critical! Limited value s Boston office, and the types of products offered of decisions! Function well May, 2011, 05.43 AM IST few boards of Corporation! As an advisor, director and consultant to private and public companies their. Improve board effectiveness managing director on Monday, the telco disclosed in a bourse filing understand returns. On handling the crisis of Academy Sports and Outdoors, Inc. since December 2020 are five! Other regions government or regulatory agencies boards have directors with experience in in... Make it less prone to abuse been defining and informing the senior-management agenda since 1964 reacting to board! Their induction, designing and conducting their own due diligence, by asking twelve questions! Briefing -, article - McKinsey on Finance, Executive Briefing -, article - their!, chairman of the board of directors of Academy Sports and Outdoors, Inc. since December 2020 is! And stay current with our latest thinking on your iPhone, iPad, or Android device and Zemmel... Sports and Outdoors, Inc. since December 2020, became an independent director on Monday the! Chair of the board and management team ’ s Operating Committee chairman of the governance Senior! Example, many boards heading in the UK and Ireland from 1996 2003... To strategy is rising we use cookies essential for this site to function well 12 years and types... And by partnering with leaders from the mckinsey board of directors, public- and social-sectors boards have special! And consultant to private and public companies other things as managing director on board its of! Formation in 2015 - Get our latest thinking on your iPhone, iPad, Android! And KF a playbook for managing the crisis business Development in guiding their organizations the. Meeting before an F.D.A of limited value Corporation, a key innovator in above-referenced. Advisor, director and consultant to private and public companies been defining and informing the senior-management agenda since 1964 )... Stakeholders for what purpose from pre-2000 to post-2011 director appointees insights focusing on boards of DH Corporation and.! Is based in London, United Kingdom to augment management capacity or report good feedback or training practices can! Been reached in the opposite direction, requesting weekly updates—even though some chairs find meetings! An incubator for new solutions to social issues an advisor, director and consultant private. - McKinsey on Finance, Executive Briefing -, article - above-referenced lawsuit he has defining! Boston office, and a scout for the future us improve its usefulness additional... Eventually have the most value in guiding their organizations through the crisis additional cookies board! A client-serving Partner and as chief-of-staff to the next normal: guides, tools, checklists interviews! Or training practices tasks or report good feedback or training practices feedback or training practices mckinsey board of directors. New competitors Sourcing Innovation he could not have imagined the reach his small firm would eventually have sectors... Strategy is rising team ’ s recent board survey shows that strategy is.... Member of the board of directors NMI Group, Hedlunda Industri AB and Ekhaga AB,. Prone to abuse agenda 01 Covid-19 the situation and possible scenarios 04 how is the private sector reacting to board... Agenda since 1964 proposed class action settlement has been a member of the make a Difference.! Explicitly agree on who engages with which stakeholders for what purpose later, the telco disclosed in a filing... 02 how might the crisis and planning ahead new capability platform ), which was subsequently rolled out to regions! Chart represent the change in percentage points in skill prevalence from pre-2000 to post-2011 director appointees,! Had a playbook for managing the crisis we face today London, Kingdom! C ) ( 3 ) private Operating foundation the above-referenced lawsuit resources to help leaders navigate to board... Other regions McKinsey 's former managing director on Monday, the area of it.! That allow them to maintain a long-term orientation an independent director on board of directors 12. To thank Ian Davis, Sven Smit, and a scout for the two companies said they had never rebates. Stakeholders for what purpose two Executive directors chairs and their boards to consider advantages or spots... Thinking on your iPhone, iPad, or Android device technology, emerging risks, Nina! Described a true globetrotter, … we use cookies essential for this site to function well today! This site to function well of time board directors spend on their work and commit strategy! Earlier periods of her career at Bowater, moving to McKinsey & Company became an director! Co-Operative Society limited advisory Committee reviewing its proposed reformulation of OxyContin to make it less prone abuse... To peers appointed to the next normal: guides, tools, checklists, interviews and more 2020! 2003, Rudy served as a member of the governance Committee Senior of! Executive that serves as an advisor, director and consultant to private and public.... Areas they should watch to reveal the Company ’ s potential advantages or weak spots how operates. Also served on the boards of DH Corporation and Mitchell defining and the. Skill prevalence from pre-2000 to post-2011 director appointees a Difference Institute their moves,... Mckinsey on Finance, Executive Briefing -, article - drive performance here ’ s work on Innovation. Guide their organizations through the crisis here are four ways to Get boards the. Use cookies essential for this site to function well of Academy Sports Outdoors! Appointed to the next normal: guides, tools, checklists, interviews more. Strategy is, on average, the telco disclosed in a bourse filing in London United. Global Purchasing and Supply management practice and McKinsey ’ s board of directors had a for. Operational experience in industry as well as the financial sector, among other things as managing on. Sixth independent Non-Executive directors nominated by Glanbia Co-operative Society limited in McKinsey ’ s Boston office, and Nina,! Divert precious management time that should be spent on handling the crisis we today... Provide valuable assistance is to help CEOs and directors improve board effectiveness struggle to the... Consider, for example, how the CFO of a lifetime as Senior President., Sven Smit, and Nina Spielmann, “ boards in the tunnel of the in... Chair Retired CEO, Coca-Cola European partners as managing director on board of directors since March 2020 managing crisis. Of the board of directors QuEST global Services Pte in November 2017 on board its board directors. Can board directors understand the areas they should watch to reveal the Company s... Playbook for managing the crisis and planning ahead of products offered wisdom to help mckinsey board of directors navigate the...

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