ConsultingAlumniRankings2023 compimage Thoughtleadership ConsultingAlumniRankings2023 JamesLavell ChiefExecutiveOfficer MarkHevey SeniorVicePresidentandGlobalHeadofSales,ProfessionalIntelligence MichaelPhillips VicePresident,MarketingandCommunications AmandaCifone SeniorMarketingDirector LeadauthorsMayaImberg SeniorDirector,HeadofThoughtLeadershipandAnalytics MaeenShaban DirectorofResearchandAnalytics Design StephanieWarburton DirectorofVisualCommunications DawnLastre VisualCommunicationsSpecialist ©DelinianLimitedanditsaffiliatedcompanies.November2023. Thispublicationisforyourinformationonlyandisnotintendedasanoffer,orasolicitationofanoffer,tobuyorsellanyproductorotherspecificservice.Allinformationandopinionsindicatedaresubjecttochangewithoutnotice. Giventhevaluableskillstheyacquireandhonealongtheway,thealumniofconsultanciesaccountforasignificantproportionoftheseniorranksofbusinessesaroundtheworld.Thosewhomakeittothetopoflarge,publiclylistedcorporates—thefocusofthisreport—candirectlybenefittheirformeremployers,particularlyinfacilitatingfuturebusinessdevelopment,giventheirdecision-makingresponsibilitiesandtheirconnectionstosomanyothercorporateleaders.Buildingandnurturingpowerfulalumninetworkscangiveorganizationsacrucialedgeastheycompeteinincreasinglycompetitivemarkets. Thisconciserankingsreportfocusesonhigh-performingformerconsultantswhonowsitontheboardsorcomprisetheleadershipteamsofmajorpubliccompaniesintheGlobal5001, Fortune1000orFTSE350indices.Wefirstexaminethesheernumberofbusinessleaderswhoareformerconsultantsandmeasurethesizeoftheirnetworkstootherseniorleaders.Themainfocus istouncoverwhichconsultingcompaniesproducethegreatestnumberofhigh-performingalumni.Wealsotakeacloserlookatspecificroles—chiefexecutives(CEOs),chieffinancialofficers(CFOs)andthenewerchieftechnology(CTOs)andinformationofficers(CTOs)—andinvestigate thegenderdifferencesofhigh-performingconsultingalumni. UsingBoardEx’suniqueandproprietaryGlobalLeadershipDatabase,thisrankingsreportoffersuniqueinsightonhigh-performingconsultingalumni,makingitanessentialreadfororganizationslookingtomakethemostoftheiralumninetworks. Keytakeaways Consultingalumnicanbefoundinlargenumbersatthetopofbusinessesaroundtheworld.Atagloballevel,17%ofallGlobal500boardandleadershipteammembershaveheldatleastonepreviousroleataconsultingcompany. FormerconsultantshaveanevengreaterpresenceatthetopofFortune1000andFTSE350companies,accountingfor21%and25%ofboardmembersandseniormanagementrespectively.Meanwhile,16%ofsuchhigh-performingalumnihaveworkedatmorethanoneconsultingfirmduringtheircareer. Morethanatenthofhigh-performingconsultingalumniinUSFortune1000seniorleadershiprolesworkedatconsultingfirmsoutsidetheUS.Amongthisgroup,theUKisthemostcommonamongthesecountryofficesaftertheUS,followedbyCanada,IrelandandFrance.Atthehigherend,almosthalfofEY’shigh-performingalumniinseniorFortune1000rolesworkedatEYentitiesoutsidetheUS. McKinsey&CompanyandtheBigFour—PwC,KPMG,DeloitteandEY—allrankhighly.Amongconsultingfirms,thesefivefirmshavethehighestnumberofalumniontheboardsandleadershipteamsofGlobal500,Fortune1000andFTSE350companies.Afewothermanagementconsultingspecialistsmakethetopglobalrankings,includingBCGandBain;whileBoozAllenHamilton,OliverWyman(partofMarshMcLellan)andKearneyalsoappearintheFortune1000.AccentureandtechgiantsIBMandMicrosofthouselargeconsultingdivisionsandtheiralumniappearinthetop15acrossallthreerankings. McKinseyhasproducedthehighestnumberofcurrentFortune1000CEOs(at40),buttechcompaniesaremuchmoreprominentwhenitcomestoproducingCTOsandCIOs.IBM,AccentureandOraclemakethetopfourforbothCTOsandCIOs.Giventhevariety ofconsultingfirmsandtherangeofskillsconsultantsacquirewhileemployedbythem,therearedifferencesinthetypesofrolestheiralumnimoveinto. 1TheFortuneGlobal500,alsoknownastheGlobal500,isanannualrankingofthetop500corporationsworldwide,measuredbyrevenueandcompiledbyFortunemagazine. Altrata|ConsultingAlumniRankings2023|1 Chaptertitle Body Howdowegaininsightintoconsultingalumniatthetopranksofglobalbusiness? ThisrankingsreportusesdatafromBoardEx,leveragingitsuniqueandproprietaryGlobalLeadershipDatabase,whichcoversboardandnon-boardmembers,C-suiteexecutives,seniorleadersandprofessionaladvisers.Forouranalysis,westudiedtheindividuals whomakeupthecurrentboardandleadershipteamsatthecorporationsthatcomprisetheGlobal500,Fortune1000andFTSE350.Intotal,ourresearchencompasses1,750companiesandapproximately31,000individuals. Forfurtherdetails,pleaseseetheMethodology. Commontermsused Alumninetwork Anetworkofconnectionsbetweenindividualswhoshareprofessionalexperienceataparticularorganizationorwhohavestudiedataparticulareducationalinstitution.Thefocusisontheformer. Connections First-degreeconnectionsaredirectlinksbetweenindividuals.Second-degreeorindirectconnectionsaremadepossibleviathecontactsbelongingtothosefirst-degreeconnections.Connectionsarerevealedthroughmergerandacquisition(M&A)dealrelationships,currentorhistoricaloverlappingcareers,contactsandboardoverlaps. Consultingcompany/consultancy A