Bain & Company Expands Worldwide Partner Group with Two San Francisco Promotions to Vice President.SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 1999--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 promotion of 16 individuals to the position of vice president, including Sarabjit Singh Baveja and Paul Sheng sheng (Chinese; “sage” or “saint”) In Chinese belief, a mortal who attains extraordinary or supernatural powers by self-cultivation and serves as a model for others. Confucius used the term to refer to exemplary rulers of the past. in the firm's San Francisco office. The promotions were made in recognition of client achievements and internal contributions to the firm's success and growth. "We are very pleased to have Savi and Paul join our partner group in San Francisco," said John Donahoe, managing director of Bain's San Francisco office. "They have been an integral part of the growth and success our San Francisco office has enjoyed and each has made significant contributions to the clients this office has served." Mr. Baveja has focused his work on clients in high technology, telecommunications, and industrial capital goods Capital Goods Any goods used by an organization to produce other goods. Notes: Examples of capital goods include office buildings, equipment, and machinery. See also: Capital Expenditure, Disinvestment Capital goods . He has focused on developing growth and operations strategies, and on working with clients to drive strategy to results in the context of long-term client relationships. Mr. Baveja has been with Bain since 1989. In addition to having worked in San Francisco, he has worked in Bain's offices in Sydney, Australia, Munich, Germany, and Zurich, Switzerland. After completing his B.S. in Electrical Engineering at Stanford with distinction as a Terman Scholar, Mr. Baveja completed his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. with high distinction as a Baker Scholar. Mr. Sheng is a key member of Bain's San Francisco-based Private Equity Group, which works exclusively with leveraged buyout leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. fund clients. Since joining Bain he has worked with numerous LBO LBO See: Leveraged buyout LBO See leveraged buyout (LBO). funds in a wide spectrum of industries, including: retail, consumer food, healthcare, building materials and telemarketing. Before joining Bain, Mr. Sheng worked in the Greater China offices for McKinsey & Company, in the mergers and acquisitions department at Morgan Stanley and as head of the television news division at The Christian Science Christian Science, religion founded upon principles of divine healing and laws expressed in the acts and sayings of Jesus, as discovered and set forth by Mary Baker Eddy and practiced by the Church of Christ, Scientist. Monitor in Boston. Mr. Sheng holds an MBA from the Stanford School of Business and bachelor's and master's degrees from Oxford University. Bain & Company is one of the world's leading global strategy consulting firms, serving clients across six continents. Bain has worked with over 1,500 major multinational and other corporations from every economic sector, in every region of the world, to improve and help sustain bottom-line results. Quantum leaps in performance are a frequent outcome of the customized, creative and often breakthrough strategies Bain develops for its clients. Founded in 1973, the company has 25 offices worldwide. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion