Latest news with #seniorpartners
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
McKinsey Seeks to Avoid New Succession Dramas With Changes to Its Elections
McKinsey is changing the way it picks its leaders for the first time in years in an effort to circumvent the internal tensions and infighting that marked its past two elections. The elite consulting firm, as part of sweeping changes to its governance, will now elect a global managing partner to a single six-year term, though its partners will hold a confirmation vote at the four-year mark on whether the leader should serve the final two years of that term. McKinsey's roughly 750 senior partners currently vote to elect a firmwide leader every three years and can stand for two terms.
Wall Street Journal
10-07-2025
- Business
- Wall Street Journal
How a Pro-Bono Project in Gaza Spiraled Into a Crisis for BCG
The crisis engulfing Boston Consulting Group over its involvement with a humanitarian project in Gaza deepened Thursday when the firm announced two senior partners were stepping down from their leadership roles over their connection to the work. The firm got involved last fall in an effort that became a widely criticized Israeli-backed aid-distribution initiative that resulted in hundreds of Palestinians being killed by troops. It has spiraled into the most significant crisis in BCG's roughly six-decade history.
