McKinsey & Company, the renowned global management consulting firm, announced on February 1, 2024, that Bob Sternfels has been re-elected as its global managing partner. Initially elected in 2021 for a possibility of up to two McKinsey, recognized for its strategic advisory role, has evolved into a full "impact partner" for clients, delving into implementation, digital transformation, and sustainability consulting. With more than 700 senior partners casting votes, Sternfels' re-election underscores confidence in his leadership. The firm achieved a record-breaking revenue of approximately $16 billion in 2023 and continues its commitment to fostering sustainable and inclusive growth across sectors. Sternfels, having held key leadership roles, reflects McKinsey's dedication to a transformative vision under his continued guidance. The election process, overseen by an Election Administration Committee and an independent third-party firm, emphasises transparency and governance in McKinsey's leadership transitions.
McKinsey & Company Re-elects Bob Sternfels as Global Managing Partner
three-year terms, Sternfels, with nearly 30 years of service at McKinsey, is set to continue his stewardship for a second and final term starting in July 2024. Notably, he becomes the 13th partner to lead McKinsey since its establishment in 1926.