27.09.2005 16:02:00
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BearingPoint Strengthens Management Team to Focus on Large Accounts
MCLEAN, Va., Sept. 27 /PRNewswire-FirstCall/ -- BearingPoint, Inc. , a leading global management and technology consulting firm, today announced several key additions to its management team to allow the firm to better focus on large and more complex client engagements.
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"In addition to the critical hires we have made recently in finance and in marketing, these individuals round out our management team's external relations and client-facing roles and will be charged with developing coordinated global responses to 'big-win' client proposals," said Harry You, chief executive officer of BearingPoint. "With these appointments, and with the continued stellar performance of our employees, we have a world-class team in place to outpace the competition."
The new additions to the management team are: * Robert Glatz was named executive vice president for corporate development and global capture, both new positions at BearingPoint. Glatz was a former managing partner at PricewaterhouseCoopers, where he had a distinguished career managing the firm's global corporate development activities, including its consulting business. He has significant experience in guiding companies through the challenges posed by global expansion, including financial and regulatory issues. At BearingPoint, Glatz will be tasked with building a world-class corporate development function that will be instrumental in implementing the Company's strategic growth initiatives. * Andrea Bierce was named executive vice president for global capture, also a new position. Bierce was formerly vice president of A.T. Kearney's transformation practice and financial services group and is a former BearingPoint managing director. She will team with Glatz to develop a global capture capability that focuses on large account acquisition within the financial services and commercial services sectors in North America, Europe and Asia Pacific. * Michael Lyman was named executive vice president and chief strategy officer. Lyman was previously senior vice president and director of the BearingPoint Institute for Executive Insight and global leader of the Company's cross-industry strategy, process and transformation solution. He was formerly managing partner of Andersen's North America strategy, organization and people consulting practice. Lyman will be charged with expanding BearingPoint's expertise in management consulting as well as developing and executing BearingPoint's global strategy. * Michael Reuschel was named senior vice president of the Company's communications and media practice. Reuschel spent the majority of his career as a partner with PricewaterhouseCoopers in various technical and industry leadership positions and was formerly president of the global communications and media practice of Unisys Corp. Reuschel will report to Gail Steinel, BearingPoint's executive vice president of commercial services, and will head the firm's efforts to target the communications and media industries globally. About BearingPoint, Inc.
BearingPoint, Inc. is a leading global management and technology consulting firm, providing strategic consulting, application services, technology solutions and managed services to Global 2000 companies and government organizations. We help customers achieve results by identifying mission critical issues and implementing innovative and customized solutions designed to generate revenue, reduce costs and access the right information at the right time. Our proprietary research institute, the BearingPoint Institute, demonstrates the firm's commitment to analyzing and responding to issues with a thoroughly researched and informed perspective. Based in McLean, Virginia, BearingPoint has been named as one Fortune's Most Admired Companies in America for three consecutive years. For more information, visit the Company's website at http://www.bearingpoint.com/.
This press release may contain forward-looking statements, the accuracy of which is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in Exhibit 99.1 in our Form 10-Q for the period ended September 30, 2004 and our Form 8-Ks filed as of December 16, 2004, March 18, 2005 and April 20, 2005. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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