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Boston Consulting Group has announced that it has elected a new President and CEO, German Hans-Paul Bürkner.
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He is the first European to head the firm, an announcement that comes just weeks after McKinsey & Company announced its British head of operations Ian Davis would become its new Managing Partner.
Mr Bürkner is set to take over the reins from Carl W. Stern, who has been the president for the last 6 years. Bürkner, who will serve a three-year term, has announced two goals: expand relationships with BCG’s multinational clients and strengthen the spirit of partnership within the firm.
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