2020 Vault Rankings
At a Glance
"Great culture and the ability to work on a wide variety of projects."
"The way we take care of each other."
"Great clients in our industry, strong exit opportunities."
"Compensation is not as competitive as some other consulting firms."
"Office locations limit ability to move."
"Retail boutique consulting."
"Strong in the sector they play in."
About Kurt Salmon
Kurt Salmon is a management consulting firm specializing in retail and consumer goods. Within the industry sector, employees have the opportunity to specialize in a wide range of services and capabilities. The firm’s distinctive name comes from its founder—a German immigrant and textile engineer—who set up a solo operation in Nashville, Tenn., in 1935. The company has since grown into a multinational operation spanning 8 offices in Europe, Asia and North America. The firm is owned by Management Consulting Group PLC, which also owns Alexander Proudfoot.
With offices around the world, Kurt Salmon has grown into a multinational consulting firm. But throughout this transformation, the firm has remained dedicated to its historical commitment to industry specialization. This is reflected in nearly every aspect of the business—from firm organization and culture to its innovation and go-to-market strategies. For example, when staffing a project, the firm draws from its global talent pool—but selects only those with deep industry experience—in order to form the most qualified team to address the client’s need. This global vertical approach enables a truly visionary end-to-end perspective that enhances project deliverables.
An Independent Advisor
The firm is led by Brooks Kitchel, who was named CEO in early 2016. Prior to his role as CEO, Mr. Kitchel was managing partner for Kurt Salmon North America and head of the firm’s Global Retail and Consumer Goods Group.
The firm bills itself as an independent advisor, free from outside interests—a fact that, it asserts, "means that our recommendations are objective and take into account only our clients’ best interests." Perhaps as a result, the firm also notes that its client retention rate is around 70%.
IN THE NEWS
Appetite for Consumer Assets Likely to Remain Strong in 2H16, Though Challenges Remain
Following a sluggish start to the year, dealmakers in the U.S. consumer sector are cautiously optimistic that deal activity will rebound moving into 2H16. Experts from global management consulting firm Kurt Salmon believe the prolonged low interest rate environment and a capricious stock market driven by uncertain macro issues, not company fundamentals, may present buying opportunities for strategics and private equity. Read more.
The 2016 Top 25 Consultants: Al Sambar
Al Sambar, managing partner and leader of Kurt Salmon’s North American Retail and Consumer Goods Group, has been recognized by Consulting magazine as a Top 25 consultant. The annual list, which recognizes the most influential consultants across the industry, honored Sambar for his excellence in retail, citing his innovative thinking, planning skills and leadership capabilities as standout qualities. Read more.
New Year’s Resolution: Solve Store Fulfillment
With the 2015 holiday season coming to a close, issues such as inventory misallocation, the growth of pure-play e-commerce retailers and the challenges faced by brick-and-mortar retailers, and margin and costly markdown hits are likely to take center stage. Kurt Salmon experts provide four strategies for retailers to develop a best-in-class store fulfillment system or bring existing programs up to speed. Read more.
2015 Best Firms to Work For
For the fourth year in a row, Kurt Salmon was named a Best Firm to Work For by Consulting magazine. Citied for its excellence in client engagement and work-life balance, Kurt Salmon is proud to stand out among its peers as being a great place to work. Read more.
Technology Accelerator Focused on Retail and Consumer Goods Launches in New York
In response to the widening gap between what consumers expect and the shopping experiences and products the retail and consumer industry provides, Parsons School of Design, Harvard’s i-lab and global management consulting firm Kurt Salmon are joining forces to create XRC Labs, a New York–based accelerator that unites entrepreneurs and investors to solve the biggest challenges—and unlock the next generation of opportunities—facing the retail and consumer goods industry. Read more.
The Kurt Salmon Review
With the U.S. economy running at full steam again and new technological advances being unveiled at a breakneck pace, it can feel like the future is rushing toward us, rather than the other way around. But as we demonstrate in this issue of the Kurt Salmon Review, beyond this maelstrom of activity lie unprecedented opportunities for retailers, consumer companies and investors. Each opportunity, however, comes with its own set of challenges.
650 Fifth Ave, 22nd Floor
New York, NY 10019
Phone: (212) 319-9450
Employer Type: Subsidiary
Stock Symbol: MMC
Stock Exchange: LSE
CEO: Brooks Kitchel
2016 Employees (All Locations): 275