Andersen Consulting Appoints Global Head To Drive New Mergers & Acquisitions Initiative; Ex-McKinsey Principal To Lead Strategy & Business Architecture Practice.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 8, 2000 Andersen Consulting See Accenture. , which will be renamed Accenture on 01/01/01, today announced the appointment of Pat Anslinger as the firm's Global Head for Mergers and Acquisitions. Anslinger's is the first outside appointment of the six global leads for the new Strategy and Business Architecture practice. The Strategy and Business Architecture practice focuses on senior executives' agendas. In addition to M&A, the Strategy and Business Architecture practice will concentrate on corporate strategy - managing large corporations in the eEconomy, operating strategy, and the distinctive needs of entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. enterprises including strategies for start-ups, eMarketing strategy and the strategic impact of emerging technologies. Before joining Andersen Consulting, Anslinger was a founding and lead partner in the North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Corporate Finance Strategy Practice for McKinsey & Co where she worked with CEO's and senior management on all aspects of M&A, portfolio restructuring Portfolio restructuring Applies to derivative products. Recomposition of a portfolio's asset mix by selling off undesired asset types (equities, debt, or cash) or specific securities within that class, while simultaneously buying desired types or securities. , operational improvement, corporate finance, and corporate strategy. Michael May Michael[1] May (born August 18, 1934 in Stuttgart, Germany[1]) is a former Formula One driver from Switzerland. He participated in 3 Grands Prix, debuting on May 14, 1961. He scored no championship points. , Global Head of the Strategy and & Business Architecture practice said of Pat's appointment, "I am absolutely delighted that Pat will be heading up our Mergers and Acquisitions department. She brings a wealth of experience as one of the premier consultants in the M&A field. This is a real coup for Andersen Consulting and our clients at a very exciting time in the firm's history." Speaking today, Anslinger said, "I am very much looking forward to the challenge of driving the practice forward through this momentous mo·men·tous adj. Of utmost importance; of outstanding significance or consequence: a momentous occasion; a momentous decision. time in the new economy. I plan to combine Andersen Consulting's strength in technology and e-business with capabilities in mergers and acquisitions, carve-outs/spin-offs, and financial engineering. This powerful combination of leading-edge knowledge will help clients identify and capture more value in their business building activities. I believe that Andersen Consulting should be the premier firm in the New Economy. My aim is to help make sure we achieve this goal," she said. About Andersen Consulting On January 1, 2001, Andersen Consulting, the $8.9 billion global management and technology consulting organization, will change its name to Accenture (pronounced: ak-SEN-chure, similar to "adventure" and stressing "accent" + "future"). The firm is reinventing itself to become the market maker, architect and builder of the new economy, bringing innovations to improve the way the world works and lives. More than 65,000 people in 48 countries deliver a wide range of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. capabilities and solutions to clients across all industries. Under its strategy, the firm is building a network of businesses to meet the full range of client needs -- consulting, technology, outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , alliances and venture capital. Andersen Consulting's home page address is http://www.ac.com. Renamed. Redefined. Reborn re·born adj. Emotionally or spiritually revived or regenerated. reborn Adjective active again after a period of inactivity Adj. 1. . 01/01/01 |
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