What is the story about?
What's Happening?
Horn & Company has announced the appointment of two new partners, Manuel Farrokh and Jan Peter Schmütsch, to bolster its German team. Manuel Farrokh joins the Industry & Retail team in Düsseldorf, bringing over 15 years of experience in senior management and consulting roles within the consumer goods and retail sectors. His career includes positions at Peek & Cloppenburg, SinnLeffers, MarcCain, BiBA, and Van Laack, as well as roles in several consulting firms in Germany. Jan Peter Schmütsch joins the Financial Services practice in Hamburg, with over 12 years of management consulting experience, particularly in the insurance and financial services sectors. Schmütsch has previously worked at McKinsey & Company and Boston Consulting Group, leading transformation projects focused on sustainable growth and profitability improvement.
Why It's Important?
The appointment of Manuel Farrokh and Jan Peter Schmütsch is significant for Horn & Company as it aims to expand its capabilities in the Industry & Retail and Financial Services sectors. Farrokh's extensive experience in consumer goods and retail will enhance the firm's ability to pursue growth ambitions in these areas. Schmütsch's expertise in insurance and financial services, along with his experience in transformation projects, will contribute to the firm's strategic goals in these sectors. These appointments are part of Horn & Company's broader strategy to strengthen its market position and drive sustainable growth, following its acquisition of Investors Marketing earlier this year.
What's Next?
Horn & Company is expected to leverage the expertise of its new partners to further its growth ambitions in the Industry & Retail and Financial Services sectors. The firm may focus on expanding its client base and enhancing its service offerings in these areas. With the backing of private equity, Horn & Company is likely to continue pursuing strategic acquisitions and partnerships to increase its revenue base and market presence.
Beyond the Headlines
The appointments of Farrokh and Schmütsch highlight the importance of experienced leadership in driving transformation and growth within consulting firms. Their roles may also influence the firm's approach to risk and compliance, particularly in the insurance sector, and contribute to the development of innovative business processes. This move reflects a broader trend in the consulting industry where firms are increasingly focusing on specialized expertise to meet the evolving needs of their clients.
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