McKinsey & Company has appointed Cornelius Baur (51) as the new Managing Partner of its German office. He succeeds Frank Mattern, who will be appointed an important global role. Baur is currently head of the Munich office.
Mid-October it became known that a successor is needed for Frank Mattern, who has worked at McKinsey since 1990 and has lead McKinsey Germany since 2007. The 52-year old has made a big internal promotion; per beginning of next year, he will be responsible for the three Competence Centres of McKinsey – namely Strategy Organization and Marketing & Sales. Together these practices account for 30% to 40% of McKinsey’s global revenue. Mattern is also a member of the Shareholders 31-member Council, the highest decision-making body within the strategy consulting firm.
After the news was announced, several potential candidates were brought forward. However, unlike other strategy consultants, the selection process is not driven by the partners in a country. Dominic Barton (50), the global CEO Managing Director of McKinsey, is in the lead to appoint someone. Although he theoretically could single-handedly appoint someone, German media report that Barton has recently flown to Germany to gather the views of many partners and senior partners (known as Directors within McKinsey).
Following a thorough evaluation process, Cornelius Baur has now been appointed as the new German Managing Partner. He has been working for McKinsey since 1990 and is currently the European Lead of the Operations Practice and Managing Director of the Munich office.
The German countries organization is, after home base US, McKinsey’s largest global market. The revenue of McKinsey Germany is estimated to be around €600 million, realized by 1,300 consultants in 5 offices (Munich, Stuttgart, Frankfurt, Berlin, Hamburg, Cologne and Dusseldorf).