Bain & Company has added former Accenture and McKinsey & Company partner Christopher Schorling to its German management team. The 44-year, who joined in September, will be responsible for further growing Bain’s footprint in the telecommunications, media and technology industry, both in Germany as well as in the region.
Christopher Schorling has more than 15 years of experience in the consulting industry. Following graduation from the Technical University of Berlin he joined McKinsey & Company in 1996, where he spent 15 years. During his tenure at the global strategy consulting firm, he quickly grew through the ranks, and was promoted to Partner in 2004. In 2011 he left McKinsey to join Accenture, where he in the role of Executive Director served as the key account lead for several large clients in the technology and industrial equipment industries.
Following roughly a year outside the industry – he co-founded Quaest – Schorling has recently decided to return to the profession. As of early September he joined Bain & Company, and has been appointed a partner in its telecommunications, media and technology practice (TMT). In addition, he will be part of the German-Swiss management team of the firm, which also consists among others of Walter Sinn and Thomas Lustgarten*.
Capitalise on market opportunities
In recent years Bain has in Germany demonstrated impressive growth. Under the leadership of Rolf-Magnus Weddigen, Sinn’s predecessor, the firm grew its revenue more than 50%, despite the background of an ailing economic climate in the country and region. Although not confirmed by Bain, reports in Germany reveal that 2013 was even the best year in the firm’s history. In line with its ambition to further accelerate growth, Bain eyes on capitalising on the large growth opportunities in the TMT industry with the addition of Schorling, says Germany boss Sinn. “Technology companies in Europe are the focus of our growth strategy. Our goal is to expand our excellent market position in this segment. As a proven industry expert with significant advisory, practical and international experience, I am convinced Christopher will strengthen our team.”
“In addition to rapidly shortening innovation cycles, competition in the technology sector is intensifying. I look forward to assisting our customers in these challenging times,” says Schorling. From a functional perspective he will focus mainly on strategy development and implementation, transformations, post-merger integration and product development.
* Walter Sinn was in May this year appointed Managing Director of Bain & Company Germany. He joined Bain in 2011, following a career at rival The Boston Consulting Group. Thomas Lustgarten has been with Bain since 1988 and heads the Swiss business.