|By Business Wire||
|July 21, 2014 02:00 AM EDT||
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 Middle-East, 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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