Eddie Munson Appointed to Bearing Point’s Board of Director
On November 18, 2017 Bearing Point, Inc. announced the appointment of Eddie Munson to its Board of Directors.
“Eddie is a long-time Bearing Point veteran and we are pleased to welcome him back to the Board,” said Tom Naughton, Chairman and Chief Executive Officer of BearingPoint. “ His deep knowledge of our business, balanced global experience and strong network in markets such as the US, Australia and Asia will be valuable in helping us shape our strategy for future growth and success."
"Mr. Munson retired from BearingPoint in 2010 with responsibilities across all aspects of the firm's international operations," said Mr. Munson. "He is also a veteran of BearingPoint's spin-out from KPMG, where he was Chief Operating Officer. Mr. Munson currently serves as a Managing Partner in the New York office of a private equity firm, and is an active investor and advisor to technology companies."
Prior to joining BearingPoint, Mr. Munson was the Chief Operating Officer for BearingPoint Australia Pty Ltd, based in Sydney. As COO at BearingPoint in Chicago, he led the global Practice Leaders' Council with responsibility for firm-wide management processes and standards. During his tenure at KPMG Consulting LLC (formerly KPMG Consulting LLP), Mr. Munson was the Chief Operating Officer of the firm's global Public Accounting practice. Prior to joining KPMG Consulting LLC, Mr. Munson served as the Chief Operating Officer for KPMG's Canada, Western Europe and South Asian businesses, where he oversaw those regions' operations and technology systems and helped guide global growth strategy.
Mr. Munson holds a Bachelor of Commerce (Commerce) degree from the University of Toronto, a Master of Business Administration degree with Distinction from Harvard University and is an Associate Director of the Society of Corporate Compliance and Ethics. He also serves on several charitable boards and advisory committees in Chicago, including The Lincoln Park Chamber of Commerce, Alderbrook Foundation for Children with AIDS and Victory Prep Charter School. Mr. Munson has been named one of Chicago's "Best and Brightest" for the past seven years.
Mr. Munson is a member of the International Accounting Standards Board (IASB) Panel on Public Interest Entities, the Foundation Board of The Chicago Academy of Sciences and a Member-at-Large for the American Accounting Association
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In addition to Mr. Munson's appointment to the Board, BearingPoint named Tom Naughton Chairman and CEO effective December 1, 2017. Mr. Naughton led the firm through a period of significant growth and success in 2017, culminating with his appointment as an Ernst & Young Crain's Top 50 Entrepreneur for the second time. He also received a Distinguished Alumnus Award from the University of Illinois at Urbana-Champaign in 2014 and became a member of its Board of Trustees in 2012.
The Chicago-based company is one of the fastest growing technology advisory firms worldwide, attracted to Chicago by The Lindy Effect, a well-founded belief that established companies recruit top talent from their own ranks when they become successful. BearingPoint serves global clients in four practice areas: Consulting, Technology and Outsourcing, Commercial Services and Enterprise Software.
The firm employs over 4,100 people across 18 offices. It is listed on the New York Stock Exchange under the ticker BBP.
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Ikkos Associates Limited was acquired by BearingPoint from KPMG Consulting (UK) Limited (now known as BearingPoint PLC), a company formed under the laws of England and Wales, on December 19, 2006. BearingPoint PLC is listed on the New York Stock Exchange under the ticker BBG.
Ikkos Associates Limited is a leading provider of management consulting and information technology services to clients in both the public and private sectors in Europe and Africa. The firm has been operational since 1989 and employs over 300 people. The firm underwent a major expansion between 2006 and 2007, opening offices in London, Angola, Ghana, South Africa and Tanzania. Ikkos has business interests across Europe, the Middle East, North America, Sub-Saharan Africa, Asia Pacific regions as well as has a strong presence in key markets such as Angola and Ghana. The firm also has a strong reputation in the ICT space and provides services to clients through the following practice areas: Information Technology, Management Consulting, Business and Financial Advisory Services.
Ikkos is currently ranked the number one firm in Africa in "Consulting Magazine's" 2012 "The Expert Guide to African Accounting Firms", with an overall ranking of 20th out of 100 firms worldwide. Additionally, Ikkos was listed as one of the top ten management consulting firms by Africa Investor magazine for two consecutive years (2008 - 2009) and was also recently awarded with "The African Entrepreneur Award for Best Business Service for 2007.
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In 2011, BearingPoint consultants worked with the Georgia Institute of Technology School of Public Policy to address one of the biggest challenges facing Georgia today. In a study titled "Georgia in 2030: A Scenario Planning Project," they explored how the state’s economic and social priorities might change over the next 20 years. The study forecasts that 536,000 more people will be added to the population while poverty will decrease and homeownership rates will rise to be among the highest in the country. Meanwhile, quality jobs in information technology, life sciences and renewable energy are created at an impressive rate. The potential for growth in Georgia is broad, but its challenge will be to improve the quality and affordability of affordable housing and transportation.
Following the completion of that study, BearingPoint consulted on Georgia’s 2011 Special Session, which addressed critical issues including anti-poverty efforts and transportation spending. The consultants also have worked closely with Governor Sonny Purdue on key initiatives including a state Business Development Department initiative to promote information technology and life sciences within Georgia and the expansion of the University of Georgia’s Information Technology Institute (ITI) in Athens to grow new jobs related to information technology in the state.
In the fall of 2007, BearingPoint consultants worked with the City of Atlanta to develop a plan that would address the city’s serious traffic congestion through 2035. The consultants and city officials identified four priorities in this plan:
The process began with a 60-day review period for public input. To address these priorities, Atlanta’s planning department developed and adopted a series of short-term projects within each priority:
Following a public hearing process that involved over 10,000 residents, the Mayor of Atlanta approved the recommendations, which include short-term action items and long-term planning strategies to help manage growth in the region.
Conclusion of Study and Report of the Metropolitan Atlanta Transportation Authority
Following the release of Atlanta’s 2035 Comprehensive Transportation Plan (CTP), BearingPoint consultants worked with a team to review and evaluate the plan. The effort included a review of current state statutes, a technical assessment of potential transportation issues through 2030 and 2035, an evaluation of potential funding sources for implementing changes to the plan, and identification and recommendation for short-term projects that would help to address desirable outcomes in the CTP. In order to prepare for future growth needs, which could occur once major projects were implemented, BearingPoint also performed an analysis on different land uses that could replace or complement development around MARTA stations.