
Vault Newswire, Nov. 2002: A.T. Kearney

September 2002: A bit of Berndtson
A.T. Kearney announced that it had purchased some of the assets of Ray & Berndtson, a privately held, retained executive search firm based in Fort Worth, Tex. A number of top Ray & Berndtson employees were transferred to A.T. Kearney?s Executive Search division, including CEO and Chairman Paul Ray, Jr. Immediately afterward Ray & Berndtson filed for bankruptcy protection under Chapter 11.
August 2002: EDS sues Steingraber
EDS, A.T. Kearney?s parent company, filed suit against CEO Emeritus and Former Chairman Fred Steingraber for allegedly embezzling $100,000 through the use of false expense reports. The company also accused Steingraber of misusing company equipment for personal use.
June 2002: Alliance with Manugistics
A.T. Kearney signed a deal with Manugistics, a provider of pricing and revenue solutions, to utilize the latter?s Pricing and Revenue Optimization solutions in its client projects.
December 2001: New unit
A.T Kearney launched a new business unit, to be known as A.T. Kearney Procurement Solutions. The new unit is composed of e-sourcing solutions arm eBreviate, as well as the procurement capabilities of Leveraged Sourcing Networks, Supply Market Solutions, and Data Management Group.
July 2001: In the pink
EDS has announced that it is laying off about 400 of A.T. Kearney?s 5,000 employees. The company cites slow demand for consulting services as the reason behind the move. A.T. Kearney?s revenue declined by 4 percent in the most recent quarter.
June 2001: Alive at five
This month marks the five-year anniversary of A.T. Kearney?s office in Poland. Led by Jan Maciejewicz, the Warsaw office has grown to 30 employees and serves major Polish clients, including Elektrim and PZU Zycie.
June 2001: Thai one on
A.T. Kearney?s newest office has opened its doors in Bangkok. A. T. Kearney vice president Peter Walker will head up its operations. Initially staffed with 15 consultants, the new office is expected to nearly double in size by early 2002.
February 2001: Texas-bound
A.T. Kearney?s senior management is moving to deep in the heart of Texas. The firm announced that about 10 senior executives would relocate from Chicago to Plano, Texas, headquarters of A. T. Kearney parent firm EDS. According to an EDS spokesman, the move is being made in order to bring Kearney?s executive team together under the same roof with EDS? e-commerce services operations.
December 2000: Ostermann is in
Former managing director of A.T. Kearney Europe is named new chief executive officer, replacing Fred Steingraber who will work with Ostermann during the transition as chairman emeritus. Ostermann, who joined Kearney in 1989, has served as head of the North American automotive industry practice, managing director of Germany, and unit head for central Europe.
November 2000: Real beach time
A.T. Kearney in Australia is giving senior staff a one-week extension to the four-week annual holidays, acknowledging the long hours without paid overtime.
October 2000: Bon chance to Kearney Interactive
A.T. Kearney has launched KearneyInteractive, an e-commerce consultancy, in France. The company uses A.T. Kearney abilities and resources from EDS? E.solutions group. With future expansion into the U.K., Italy, and Germany, KearneyInteractive?s intention is to capture 12 percent of the market by 2003.

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