Bain & Company Canada Appoints Pierre Lavallee New Managing Partner; Former Managing Partner Joseph Shlesinger to Take One-Year Sabbatical.Business Editors TORONTO--(BUSINESS WIRE)--Feb. 28, 2001 Bain & Company, the global strategy consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , today announced the appointment of Pierre Lavallee as the new Managing Partner for Canada, effective immediately. Mr. Lavallee will also join the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Operating Committee of the firm. In a planned succession, Mr. Lavallee replaces Joseph C. Shlesinger, who will begin a one-year sabbatical sab·bat·i·cal also sab·bat·ic adj. 1. Relating to a sabbatical year. 2. Sabbatical also Sabbatic Relating or appropriate to the Sabbath as the day of rest. n. A sabbatical year. and then return to Bain as a director, focusing on working with clients in service companies including airlines, telecommunications, and retailers. "From its founding in 1989, Bain & Company Canada has made phenomenal strides under Joe's leadership," said Mr. Lavallee. "I look forward to building on our position as a top-tier strategy consulting firm. Our clients' stock price performance beats the market by a factor of 3 to 1. We will continue to work closely with our clients to build proprietary strategies that exploit turbulence turbulence, state of violent or agitated behavior in a fluid. Turbulent behavior is characteristic of systems of large numbers of particles, and its unpredictability and randomness has long thwarted attempts to fully understand it, even with such powerful tools as and result in sustainable profit and performance improvement," said Mr. Lavallee. "I am very pleased to pass the baton to Pierre. His focus on bottom line results and increasing clients' stock price exemplifies all the traits and characteristics that define Bain and that differentiates us from our competitors," said Mr. Shlesinger. Since joining Bain in 1991, Mr. Lavallee has worked on a number of assignments in corporate and business unit strategy, organization, strategic cost reduction, reengineering, sales and pricing strategy, customer retention, sales force management and distribution channel strategy. He is a member of Bain & Company's worldwide Telecommunications and Technology, Health Care and Consumer Products/Retail Practice Groups. Before joining the Bain team, Mr. Lavallee spent five years at the Department of External Affairs and International Trade as a trade commissioner where his duties included export and import controls, the promotion of foreign investment in Canada, and the promotion of Canadian exports of forest products and building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . to Japan. Mr. Lavallee graduated summa cum laude sum·ma cum lau·de adv. & adj. With the greatest honor. Used to express the highest academic distinction: graduated summa cum laude; a summa cum laude graduate. in Economics and received his M.A in Economics specializing in public debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay from the University of Ottawa About Bain & Company Bain & Company is one of the world's leading global business consulting firms, serving clients across six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . It was founded in 1973 on the principle that consultants must measure their success by their clients' financial results. Bain's clients have outperformed the stock market three to one. With headquarters in Boston and offices in 26 major cities throughout the world, Bain has worked with over 2,000 major multinational and other corporations from every economic sector, in every region of the world. Bain & Company established its Toronto office in 1989. For more information, visit www.bain.com |
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