Oliver Wyman Press Release
LEADING GLOBAL MANAGEMENT CONSULTANCY CREATED THROUGH COMBINATION OF THREE FIRMS
Mercer Management Consulting, Mercer Oliver Wyman, and Mercer Delta Organizational Consulting come together under one brand as Oliver Wyman
NEW YORK, May 9, 2007 – Three of the world’s leading consultancies in their respective markets–Mercer Oliver Wyman, Mercer Management Consulting and Mercer Delta Organizational Consulting–have joined together under a single brand: Oliver Wyman. The firm combines deep industry knowledge with specialized expertise in strategy, operations, risk management, organizational transformation, and leadership development. Oliver Wyman’s 2,500 professionals operate in more than 40 cities globally.
“We have come together as Oliver Wyman to build the world’s leading management consulting firm” said John P. Drzik, president and CEO of Oliver Wyman. “Joining forces enables us to address a broader range of our clients’ needs, through an enhanced set of capabilities and an expanded global footprint.”
Drzik continued, “The Oliver Wyman name has long represented excellence in strategy and risk management consulting to the financial services sector. Now that the three firms are coming together, the brand will also encompass top-tier capabilities in strategy, operations, organizational transformation, and leadership development across a broad range of industries.”
The new Oliver Wyman is the keystone of the Oliver Wyman Group, formerly named Mercer Specialty Consulting, a $1.3 billion business unit of Marsh & McLennan Companies, Inc. (MMC). The Oliver Wyman Group also includes NERA Economic Consulting and design and brand strategy consultancy Lippincott (formerly Lippincott Mercer). Drzik, formerly the president of Mercer Specialty Consulting, will lead Oliver Wyman Group.
In addition to the Oliver Wyman Group, MMC’s subsidiaries include Marsh, Guy Carpenter, Kroll and Mercer Human Resource Consulting. Mercer Human Resource Consulting will retain the Mercer name.
ABOUT OLIVER WYMAN
With more than 2,500 professionals in over 40 cities around the globe, Oliver Wyman is the leading management consultancy that combines deep industry knowledge with specialized expertise in strategy, operations, risk management, organizational transformation, and leadership development. The firm helps clients optimize their businesses, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is part of Marsh & McLennan Companies [NYSE: MMC]. For more information, visit www.oliverwyman.com.
