BNET Industries
Last Fiscal Year Sales:$3.4B
- Public
- US
Dow Jones Description
BearingPoint, Inc. is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm focuses on the Public Services, Commercial Services and Financial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation" technology.
Chief Executive Officer
F. Edwin HarbachNumber of Employees 17,100
Contact Information
1676 International Drive
McLean, Virginia 22102-4832
(703) 747-3000
Peer Companies
NAICS Code Administrative Management and General Management Consulting Services: 541611
Recent Events
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Deloitte Opens New Federal Headquarters In Arlington
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Perot to Buy China Consultancy After Dell Deal
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BearingPoint completes sale of foreign units
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CSC Acquires BearingPoint Brazil
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BearingPoint Nears End of Difficult Run: Workers Win Right to Vacation Pay
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CSC plans to buy BearingPoint operations in Brazil
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Keane Completes Acquisition of Portions of BearingPoint's Commercial Business in...
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Keane Reaches Agreement to Acquire Portions of BearingPoint Commercial Business in...
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BearingPoint completes sale to PricewaterhouseCoopers
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PricewaterhouseCoopers Completes Acquisition of the Majority of BearingPoint's North American Commercial Services Business
News & Analysis
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L-1 Identity Solutions, Inc.s Partner Wins Contract.
M2 PRESSWIRE-26 April 2007-MarketMinute: L-1 Identity Solutions, Inc.s Partner Wins ContractC1994-2007 M2 COMMUNICATIONS LTD RDATE:26042007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a ...
Mitigating Risk in Mergers and Acquisitions - Undertaking Due Diligence in China
Liberalized foreign investment laws and China's growing popularity as an FDI destination are combining to create extraordinary investment opportunities in the country. The paper reports that it is especially important that investors conduct thorough due diligence. Whether entering the market for the first time or seeking to expand a current...
The Return on Investment Behind a Converged Approach to Data
Data convergence trends have been in evidence in the financial services industry for several years, manifesting themselves within application domains. This paper elaborates on the data convergence framework and the impact of the various convergence drivers, risks and challenges on the IT infrastructure. It also examines the governance, organizational, and...
The Electronic Bond Market 2005: An Analysis of the Electronic Bond Market in the Euro-Zone
The paper aims to provide an independent perspective of the electronic fixed-income market from the viewpoint of all participants (more than 30 members of the European fixed-income community, state treasuries, and clearing and settlement institutions.) It concentrates to a great extent on competitive forces and market structure but also tries...
DHS.(Department of Homeland Security's contract with BearingPoint Inc.)(Brief Article)
DHS named BearingPoint Inc. as prime contractor for its eMerge2 electronically managing enterprise resources for government effectiveness and efficiency Program. eMerge2 is the DHS-wide effort to deliver critical information across all agencies and bureaus to better support front-line activities. It encompasses budgeting, accounting and reporting,...
Wake-Up Call: To Fix CRM, Fix The Customer Experience Now!
The experiences of customers in the financial services industry rarely translate into enthusiastic advocacy of their products and services. This paper provides information based on a survey of the institutions like - insurers, mutual fund managers, retail and investment banks, and credit card companies - to determine ways to improve...
Trading ALERTS: ADPR, HRB, FDRY, NTES, ACN, BE.
M2 PRESSWIRE-15 March 2004-InvestSource Inc.: Trading ALERTS: ADPR, HRB, FDRY, NTES, ACN, BEC1994-2004 M2 COMMUNICATIONS LTD RDATE:03152004 Adsouth Partners Incorporated (OTCBB: ADPR), H&R Block Incorporated (NYSE: HRB), Foundry Networks Incorporated (Nasdaq: FDRY), Netease.com Incorporated (Nasdaq: NTES), Accenture Limited (NYSE: ACN), ...
Quantifying Value in an Increasingly Complex World
The paper highlights that the ability to assign an accurate, objective and defensible value to business and financial assets is a competitive imperative. It depicts that questions of value are becoming increasingly complex. Is a stock's trading price equivalent to its value? Where is the value in a bankrupt business?...
Successfully Deploying Enterprise Solutions
As long as economies around the world continue to exhibit slow-to-negative growth, clients implementing enterprise solutions and making new IT investments will continue to follow an incremental approach to their investments. As companies look to optimize existing investments and demand strong ROI justifications for new investments, they are also expanding...
Maximizing the Value of Your Technology Investments With Enhanced IT Asset Management
Many organizations invested heavily in their IT asset infrastructure during the past few years and will continue to do so in the future. IT asset management allows an organization to effectively manage IT investments throughout their life cycles and integrate the resulting data across multiple functions and systems. The ability...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| F. Edwin Harbach | Chief Executive Officer |
| David R Hunter | Chief Operating Officer |
| Eddie Munson | Chief Financial Officer |
| Eric Goldfarb | CIO & Executive Vice President |
| Laurent C. Lutz | Chief Legal Officer and Secretary |
| Michael D. Lyman | Executive Vice President & Chief Strategy Officer, Global Management Consulting |
| Brian Snarzyk | Executive Vice President, Global Solutions |
| Craig Franklin | Executive Vice President, Communications & Content |
| Elizabeth S. Palmer | Executive Vice President, Marketing & Communications |
| Hendrik J. Ansink | Executive Vice President, European Operations |
| Mark Vayda | Executive Vice President, Global Sales |
| Peter Mockler | Executive Vice President, Europe, Middle East and Africa |
| Rick Martino | Executive Vice President, Global Human Resources |
| Robin Lineberger | Executive Vice President, Global Public Services |
| Thomas DeGarmo | Executive Vice President, Commercial Services |
| Bradley Eskind | Senior Vice President, Public Services Technology Solutions |
| Phil Garland | Senior Vice President |
| Reid Morrison | Senior Vice President, Energy & Chemicals |
| David Stuckey | Vice President |
| Manuel Barbero | Vice President, Financial Services Technology |
| Farid Moussavi | Managing Director, Communications |
| Fred Hoffmann | Managing Director |
| Frederic J L Veron | Managing Director |
| J Kelly Mire | Managing Director, Technology Infrastructure Solutions |
| Julien Courbe | Managing Director |
| Matthew Costello | Managing Director |
| Michael J Surface | Managing Director |
| Sandeep Vishnu | Managing Director |
| Thierry Turc | Managing Director |
| James Hart | Director, Investor Relations |
| Paul Dunay | Director, Marketing |
| Thomas McHugh | Controller |
| Richard J. Roberts | Executive, Global Public Services |
| Robert Sandberg | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Roderick C. McGeary | Chairman |
| Albert L. Lord | Board of Directors |
| Betsy J. Bernard | Board of Directors |
| Douglas C. Allred | Board of Directors |
| J. Terry Strange | Board of Directors |
| Jill Kanin-Lovers | Board of Directors |
| Spencer C. Fleischer | Board of Directors |
| Wolfgang Kemna | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Chief Executive Officer | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| BearingPoint, Inc. | President & COO | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Chief Operating Officer | Current |
| Accenture Ltd. | Global Senior Partner | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Chief Financial Officer | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | CIO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Chief Legal Officer and Secretary | Current |
| Louisiana State University | bachelor's degree in accounting | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President & Chief Strategy Officer, Global Management Consulting | Current |
| BearingPoint, Inc. | chief strategy officer | Former |
| Kellogg School of Management at Northwestern University | Master of Business Administration | Former |
| University of Illinois | Bachelor of Science degree in accountancy | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Global Solutions | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Communications & Content | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Marketing & Communications | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, European Operations | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Global Sales | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Europe, Middle East and Africa | Current |
| KPMG International | partner | Former |
| BearingPoint, Inc. | Head of the Business Unit Public Services, Infrastructure Services | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Global Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Global Public Services | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive Vice President, Commercial Services | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Senior Vice President, Public Services Technology Solutions | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Senior Vice President | Current |
| Johnson & Johnson | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Senior Vice President, Energy & Chemicals | Current |
| Southwestern University | Bachelor's degree | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Vice President | Current |
| International Business Machines Corporation | Executive Director | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Vice President, Financial Services Technology | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Cabletron Systems | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Infrastructure Solutions, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director, Technology Infrastructure Solutions | Current |
| Infrastructure Solutions, Inc. | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Merrill Lynch & Co., Inc. | broker assistant | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Georgetown University | MBA | Former |
| Swarthmore College | BA in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Managing Director | Current |
| Ecole Nationale SupErieure | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Director, Investor Relations | Current |
| BearingPoint, Inc. | Director, Investor Relations | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Executive, Global Public Services | Current |
| BearingPoint, Inc. | Chief Operating Officer | Former |
| BearingPoint, Inc. | Executive Vice President, Public Services | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Treasurer | Current |
Roderick C. McGeary, age 57, has been a member of the Board since August 1999 and Chairman of the Board since November 2004. From March 2005 until December 2007, Mr. McGeary served the Company in a full-time capacity, focusing on clients, employees and business partners. From 2004 until 2005, Mr. McGeary served as our Chief Executive Officer. From 2000 to 2002, Mr. McGeary was the Chief Executive Officer of Brience, Inc., a wireless and broadband company. Mr. McGeary is a director of Cisco Systems, Inc., a worldwide leader in networking for the Internet, and Dionex Corporation, a manufacturer and marketer of chromatography systems for chemical analysis. On December 31, 2007, Mr. McGeary retired as an employee of the Company. Mr. McGeary will continue serving as Chairman of the Board.
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Chairman | Current |
| Dionex Corporation | Chairman of The Board of Bearingpoint, Inc., Director | Current |
| Brience, Inc. | chairman | Current |
| Purisma, Inc. | Board of Directors | Current |
| BroadVision, Inc. | Board of Directors | Current |
| Cisco Systems, Inc. | Board of Directors | Current |
| Dionex Corporation | Board of Directors | Current |
| National Semiconductor Corporation | Board of Directors | Current |
| BearingPoint, Inc. | CEO | Former |
| Brience, Inc. | Chief Executive Officer | Former |
| BearingPoint, Inc. | co-president | Former |
| Brience, Inc. | Co-Founder | Former |
| KPMG International | consulting partner | Former |
| Kmpg,Inc. | Former | |
| Evident Software, Inc. | Director | Former |
| Cisco Systems, Inc. | Director | Former |
Albert (Al) L. Lord is vice chairman and chief executive officer of Sallie Mae. He held this position from 1997 to 2005, and then served as Chairman of the Board of Directors. He was re-appointed chief executive officer in December 2007 and vice chairman of the Board in January 2008. Mr. Lord originally joined Sallie Mae in 1981 as controller and subsequently served as executive vice president and chief operating officer. He left the company in 1994 to found LCL, Ltd., a financial-management consulting firm, where he was president and principal shareholder. In 1995, he became an independent director of Sallie Mae and subsequently led a successful proxy contest to restore shareholder value and become the company’s chief executive officer in 1997. Mr. Lord began his career in 1967 with Peat, Marwick, Mitchell in Philadelphia, and later was treasurer at First Pennsylvania Corporation. Mr. Lord received a Bachelor of Science degree in business from Penn State. Mr. Lord is a member of the Board of Directors of BearingPoint, Inc., Children’s Charities Foundation and Children’s Choice Learning Centers, Inc., Chairman of the Board of Cesar Chavez Public Charter School for Public Policy, and member of the Advisory Board of Penn State Abington.
| Organization | Position | Status |
|---|---|---|
| SLM Corporation | Chief Executive Officer | Current |
| SLM Corporation | Vice Chairman | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| SLM Corporation | Chairman | Former |
| SS&C Technologies, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Principal Financial Group, Inc. | Board of Directors | Current |
| Principal Financial Group, Inc. | Chair | Current |
| Zimmer Holdings, Inc. | Board of Director | Current |
| URS Corporation | Board of Directors | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| Principal Financial Group, Inc. | Committee Member | Current |
| AT&T Inc. | Chief Executive Officer | Former |
| BearingPoint, Inc. | President | Former |
| AT&T Inc. | President | Former |
| US WEST, Inc. | Executive Vice President, Retail Markets | Former |
| Qwest Communications International Inc. | Executive Vice President, National Mass Markets | Former |
| United Technologies Corporation | Board of Directors | Former |
| United Technologies Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Board of Directors | Current |
| Cisco Systems, Inc. | Senior Vice President, Customer Advocacy | Former |
| Saba Software Inc. | Director | Former |
| Washington State University | B.S. | Former |
Mr. Strange has served as one of our directors since October 2003. In 2002, Mr. Strange retired from KPMG, LLP, an independent accounting firm, where he served from 1996 to 2002 as Vice Chairman, Managing Partner of U.S. Audit Practice and head of KPMG s internal risk management program. From 1998 to 2002, Mr. Strange served as Global Managing Partner of Audit Business and a member of KPMG s International Executive Committee. During his 34-year career at KPMG, his work included interaction with the Financial Accounting Standards Board and the SEC, testifying before both bodies on issues impacting the auditing profession and SEC registrants. Mr. Strange serves on the Boards of Directors and the Audit Committees of New Jersey Resources Corporation, a retail and wholesale energy service provider, Newfield Exploration Company, an oil and gas exploration and production company, BearingPoint, Inc., a business consulting, systems integration and managed services firm, and SLM Corporation (Sallie Mae), a leading provider of student loans and an administrator of college savings plans.
| Organization | Position | Status |
|---|---|---|
| Group 1 Automotive, Inc. | Chairman | Current |
| SLM Corporation | Board of Directors | Current |
| Compass Bancshares, Inc. | Board of Directors | Current |
| Newfield Exploration Company | Board of Directors | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| KPMG LLP | Vice Chairman & Managing Partner, U.S. Audit Practice | Former |
| Organization | Position | Status |
|---|---|---|
| Dot Foods, Inc. | Board of Directors | Current |
| BearingPoint, Inc. | Board of Directors | Current |
| First Advantage Corporation | Board of Directors | Current |
| Heidrick & Struggles International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Board of Directors | Current |
| Morgan Stanley | manager | Former |
| Korn/Ferry International | Board of Directors | Former |
| University of Oxford | Masters in Philosophy in Management Studies | Former |
| University of the Witwatersrand | B.A. (Hons) degree in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| BearingPoint, Inc. | Board of Directors | Current |
| SAP AG | Executive Vice President, Global Initiatives | Former |
Executive News
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BearingPoint Completes Management Buyout in Europe
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BearingPoint completes sale of foreign units
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BearingPoint Completes Sale of its Europe, Middle East and Africa Practice to European...
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BearingPoint Completes Sale of its Europe, Middle East and Africa Practice to European Management Team
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Moody's reviews Sallie Mae for possible downgrade
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Sallie Maes How America Pays for College Study, Conducted by Gallup, Finds Families Making the Grade When It Comes to Paying for College
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