| Management Consulting Group appoints new CEO |
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| | Management Consulting Group (MCG) has appointed Nick Stagg, who joined the group’s Board of Directors on 21 October 2009, as chief executive with effect from 1 July 2010. Before joining MCG, Stagg was CEO of Teather & Greenwood Holdings and, prior to that, managing director of WS Atkins International.
Executive chairman Alan Barber commented: “I am delighted that Nick is becoming chief executive at this time. His extensive background in managing and | |
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| | developing businesses which rely heavily on the motivation and talent of their employees will be extremely valuable at MCG as we move forward. As reported in March, I intend to continue as executive chairman until the end of 2010 and will see through Nick’s induction and the merger of Ineum Consulting and Kurt Salmon Associates, before transitioning to the non-executive chairman role.”
MCG also reiterated its trading outlook for 2010, saying the | |
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| | signs in our order book and pipeline are quite evident,” said Barber.
Alexander Proudfoot has significantly more leads for new business than at any stage last year, the company said. It has booked and is currently working on some sizeable projects but is finding that others in the pipeline are taking longer than expected to come to fruition. In total, input at Ineum Consulting is good even if the current performance of the French market is | |
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| | “patchy”, with some areas very strong and others weaker. Kurt Salmon Associates continues to trade more profitably than in 2009, leveraging its reduced cost base to good effect.
The Group said the merger of Ineum Consulting and Kurt Salmon Associates is proceeding well. The combined business will be known as ‘Kurt Salmon’ from the beginning of 2011. | |
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| | economic climate has eased from that experienced in the middle part of 2009.
The Group said new business input booked so far in 2010 is above that for the equivalent period last year and the order book continues to move upwards.
“Although the Group’s current trading continues to feel the effects of the recent recession, encouraging | |
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