Former McKinsey Middle East leader appointed to Arundo board

08 October 2018 Consultancy-me.com

Long-time Doha-based McKinsey senior partner and now external adviser Tore Myrholt has joined the board of Arundo Analytics as the data software firm seeks to expand its global presence.

As one of three prominent business leaders appointed to Arundo Analytics’ Board of Directors, together with Sloan School professor Thomas Malone and Arundo co-founder and former McKinsey partner Stuart Morstead, the Qatar-based Tore Myrholt will bring more than 25 years of senior top-level international experience in business strategy, organisation and transformation advisory, with particular experience in corporate transformations.

Currently serving McKinsey as a senior external advisor based out of Doha, Myrholt has been with the strategy and management giant for over 35 years following the completion of an MBA in International Business with Harvard Business School in 1982 – going on to become one of McKinsey’s longest-serving partners, with stints leading the firm’s Doha and Scandinavian offices and for seven years its Europe, Middle East and Africa division.

During his time with McKinsey, Myrholt also served as Chairman of the Directors Committee and as a long-term board member of the McKinsey Shareholder Council, while his career in consulting has seen Myrholt advise clients across 25 countries, with a focus on CEOs and senior executives operating in the global energy & materials and public sectors. Described a true globetrotter, Myrholt has been based in Qatar since moving to Doha in 2012.Former McKinsey Middle East leader appointed to Arundo Analytics boardFounded in 2015, and with current offices in Norway and the US, Arundo Analytics is an advanced data analytics and machine learning software provider for asset-intensive industries, such as the oil & gas, maritime, and power & chemicals sectors, allowing industrial companies and other organisations to better manage enterprise-scale data to enhance operational performance, mitigate risks and gain deeper insights for business decisions.

Joining Myrholt as fresh appointees to the Arundo board are its current Chief Operating Officer and co-founder Stuart Morstead, himself a ten-year veteran with McKinsey and a former Senior Consultant with PwC, and Thomas Malone, a management consultant and published organisational theorist who is a Sloan School of Management professor and founded MIT’s Center for Coordination Science. Malone has previously co-founded four software companies of his own.

Arundo believes that the appointment of the trio of senior business leaders will position the start-up for a global push. “Our new board members bring world-class, international expertise from global management consulting leadership, software entrepreneurship and academia,” Arundo Analytics CEO and founder Tor Jakob Ramsøy said. “Their involvement with Arundo showcases how we are well-positioned for a massive global opportunity.”

Ramsøy continued; “These new board members bring significant understanding of Arundo’s customer needs, the cutting-edge implications of machine learning and the Industrial Internet of Things, and what it takes to build a successful software company.” Responding to his appointment, Myrholt said, “I have been involved with Arundo since its earliest days, and I’ve seen its astounding growth over the last few years… I’m excited to become more actively involved and support the company’s strategies in energy and other heavy industries.”

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Carlos Ghosn's daughters get their career starts in strategy consulting

16 April 2019 Consultancy-me.com

With the Ghosn affair taking yet another twist, this time concerning allegations in Oman, the world’s media remains gripped.

A highly celebrated figure in Lebanon, the case of ex-Nissan and now ex-Renault head Carlos Ghosn has captivated the media round the world, with his re-arrest and detainment in Japan on further embezzlement charges last week – this time concerning allegations in Oman – delivering the latest twist in the saga. For his part, Ghosn continues to deny the charges, labeling the latest allegations of financial impropriety as “outrageous and arbitrary”.

Much of the media fascination stems from Ghosn’s remarkable story. Born to Lebanese immigrants in Brazil, Ghosn spent much of his youth in Lebanon before moving to Paris to pursue an engineering degree – and in almost no time arriving at the very top of the global automotive industry as a feted turn-around specialist, having rescued both Renault and Nissan from probable ruin. The other factor; a cultivated lifestyle of celebrity glamour.

Front and centre in that image was Ghosn’s young family, including a son Anthony and three daughters – Caroline, Maya and Nadine – who have all grown into their own spotlight in the international business and entrepreneurial worlds. And in line with that A-list background, all three of his daughters got their career starts at the crème de la crème of the strategy and management consulting world; prestigious MBB firms McKinsey & Company and BCG.The Ghosn family affair with the international consulting sector  The eldest Ghosn daughter, Caroline, joined McKinsey in 2007 following a BA in International Relations at Stamford University – before founding professional career network Levo in 2011 with three of her McKinsey associates. Her husband, Nicholas Flanders, CEO and co-founder of carbon reduction tech-company Opus 12, (and former COO of Levo), is likewise an alumnus of McKinsey – serving for three and a half years alongside Ghosn in the firm’s New York office.

Carlos Ghosn’s second daughter got her start at Boston Consulting Group.  A regonised name in luxury fashion as the founder and creative director of Nadine Ghosn Fine Jewelry, her brand counts and Beyoncé and the recently deceased fashion icon Karl Largerfeld among its celebrity clientele. At BCG, Nadine, who also graduated Stamford, served as an associate in the firm’s luxury and consumer goods practice before joining a management programme at Hermès.

Like her eldest sister, Ghosn’s youngest daughter Maya joined McKinsey’s New York office – spending over three years there as an engagement manager before departing in 2016. Maya is now Manager, Housing Affordability for the Chan-Zuckerberg Initiative, founded by Mark Zuckerberg and Pricilla Chan to promote social equality. Incidentally, Facebook’s Sheryl Sandberg, a former McKinsey consultant, has been a mentor to Caroline and also founded Leanin.org, where Maya first started out as an intern.

Carlos Ghosn’s son Anthony – who has now been embroiled in his father’s affair with accusations of money being funneled via Oman toward his financial services start-up, Shogun (where he is CEO but has not been accused of any direct involvement) – didn’t get his break at an MBB, but his step-brother, Anthony Marshi, the son of Carlos Ghosn’s second wife Carole Nahas, is a partner with BCG in New York according to French newspaper Le Figaro.