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Article: The value destruction experts
- Article from:
- Global Finance
- Article date:
- April 1, 1999
- Author:
CopyrightCopyright Global Finance Media Inc. Apr 1999. Provided by ProQuest LLC. (Hide copyright information)
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Boeing's discovery that $3.6 billion of its $13 billion internal investment won't produce significant returns-and that most of it will actually destroy shareholder value instead of improving it-is the result of analysis by Marakon Associates, a little-known consultancy in Stamford, Connecticut, that describes itself as "industrial strength advisers." Set up nearly 21 years ago by a small band of corporate finance experts out of Wells Fargo bank, the firm has only 220 consultants (compared with McKinsey's 4,627).Yet it's winning a big rep in Fortune 500 boardrooms as "the value destruction experts."
Chairman James M. McTaggart, 51, is Marakon's salesman/schmoozer. Chief exec Peter W Kontes, ...
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Article: Marakon, Top Consulting Firm, Names New Partner in ...
Business Wire;
November 20, 2001 ;
700+ words
... ... BUSINESS WIRE)--Nov. 20, 2001 Marakon Associates, the strategy consulting firm ... Malik, formerly a senior manager, joined Marakon's Stamford, Conn. office in 1994 after ... Prudential plc. In announcing the promotion, Marakon Chief Executive Ken Favaro praised Mr ...
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