The Chief Development Officer leads BearingPoint’s strategic development process and manages its M&A and Venture activities. Mr. Palmgren will play a key role in helping the firm reach its ambition of €1 billion in revenues by 2020
Management and technology consultancy BearingPoint have announced the appointment of Patrick Palmgren as its new Chief Development Officer (CDO). Mr. Palmgren succeeds Per Jacobsson, who retired at the end of April.
Mr. Palmgren fully takes over the CDO role after a transition period that began in January 2017. He has been a Partner at BearingPoint since 2005 and has extensive experience in management consulting spanning more than two decades. In his role as CDO, he leads the firm’s strategic development process supporting BearingPoint’s market positioning, portfolio management, strategic bets and the management of all M&A and Venture activities. Mr. Palmgren also acts as the regional leader of the firm’s Nordic Practice - Denmark, Finland, Norway and Sweden. He also often serves as an expert speaker in the areas of business and digital transformation.
Patrick has the right skill set to be our Chief Development Officer, with extensive client experience in strategy development, private equity and transactions. He has an outstanding track record in the industry and has been an exceptional leader at our firm for over a decade. I look forward to working closely with him in reaching our revenue ambition of €1 billion by 2020. I also want to thank Per for his many years of highly valuable service since the management buyout in 2009 and ensuring an effective succession during the transition phase. In his role as CDO, Per pushed forward the global expansion, introduced the three-pronged structure of BearingPoint, and initiated the foundation of the BearingPoint Institute. He contributed massively to the success of our firm,"Peter Mockler, Managing Partner of BearingPoint.
I am very excited to be the new CDO of BearingPoint. Over the years with BearingPoint, I have held many stimulating client and leadership roles and have had the opportunity to work across different practices in Europe. I will put this experience to use as CDO. Execution is what makes a strategy count. Successful execution starts with a good strategy development process, and this process will be a key focus of mine in 2017. Another important part of successful execution that is often overlooked is to have frequent and transparent communication, both internally and externally, on our strategy-to-results development, performance progress, and any mitigating actions," Patrick Palmgren, Chief Development Officer of BearingPoint.
BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three units: Consulting, Solutions and Ventures. Consulting covers the advisory business; Solutions provides the tools for successful digital transformation, regulatory technology and advanced analytics; Ventures drives the financing and development of start-ups. BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.