PR92993

LONDON, Nov. 11, 2021 /PRNewswire=KYODO JBN/ --

- Strategy consultancy recorded 19.6% revenue growth in FY21 supporting clients

to successfully transform their businesses

- John van Rossen appointed Global Co-Leader with a focus on realizing the

EY-Parthenon strategy, as part of EY NextWave

- Appointments to drive strategy consultancy ambition with significant

investments in ESG capabilities, digital, technology and strategy execution

planned

EY-Parthenon today announces that Jeff Wray has been appointed Global Leader

with a focus on driving the strategy consultancy's global market agenda in FY22

and beyond.

Jeff brings a strong background in strategy consulting to the role, with deep

experience as a trusted C-suite advisor. He joined EY-Parthenon from Boston

Consulting Group in 2014 and previously served as EY Strategy and Transactions

Global Consumer Industries Leader (and the Americas Corporate and Growth

Strategy leader). Jeff succeeds Mitch Berlin, who is transitioning into his

role as EY Americas Strategy and Transactions Vice Chair.

EY-Parthenon is the world's fifth largest strategy consulting organization in

terms of revenue, with more than 7,000 professionals and 750 partners of EY

member firms across the globe. The strategy consultancy recorded revenue growth

of 19.6% in FY21 supporting clients across the world in both responding to the

pandemic and reshaping their strategies for the future.

EY-Parthenon has also announced the appointment of John van Rossen as Global

Co-Leader with an operational focus to enable the consultancy's ambitions

globally. John was most recently EY Strategy and Transactions Leader of the EY

WEM Region (Belgium, Netherland, France, Luxemburg and Maghreb).

Both appointments come at a time of significant investment and strategic

acquisitions across the globe. EY Parthenon recently acquired CMA Strategy

Consulting strengthening its abilities in the fast-growing and converging

digital infrastructure market.

EY will continue to expand strategy consulting through EY-Parthenon and

sustainability services and invest to ensure that clients benefit from

leading-class technology - all backed up by continued strategic acquisitions

and the EY ecosystem of world-class alliances.

Other significant EY-Parthenon investments will also be made through ambitious

recruitment plans globally and branding via a global 'Real-World Strategy'

campaign across all major markets.

Andrea Guerzoni, EY Global Vice Chair - Strategy and Transactions, says:

"These appointments will strengthen the EY-Parthenon global leadership team and

help to build further market momentum enabled by world-class operations. EY

Parthenon has ambitious growth plans underpinned by continued investment around

the world as the business looks to attract and develop more high-performing

talent. Investment plans in key aspects of the business is well underway

including in our ESG capabilities to strategically advise CEOs on what is

becoming the critical issue on the boardroom agenda.

"Jeff and John will drive these plans and help realize our aim of finding

better real-world answers to our clients' most challenging strategic questions,

leveraging the full functional expertise and transformational strength of EY."

Jeff Wray, EY-Parthenon Global Leader, says:

"I am energized to build on the extremely strong position of EY-Parthenon and

lead the business to the next level of growth. EY-Parthenon teams will be laser

focused on addressing the real-world issues, opportunities and challenges CEOs

now face. Whether moving from strategy to transformation or using a transaction

to fundamentally transform a business, EY-Parthenon has the strategic,

commercial and operational capabilities combined with a global reach to help

clients reshape and reinvent themselves for a better tomorrow."

Notes to Editors

About EY

EY exists to build a better working world, helping create long-term value for

clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide

trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY

teams ask better questions to find new answers for the complex issues facing

our world today.

EY refers to the global organization, and may refer to one or more, of the

member firms of Ernst & Young Global Limited, each of which is a separate legal

entity. Ernst & Young Global Limited, a UK company limited by guarantee, does

not provide services to clients. Information about how EY collects and uses

personal data and a description of the rights individuals have under data

protection legislation are available via ey.com/privacy. EY member firms do not

practice law where prohibited by local laws. For more information about our

organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY

organization that also does not provide any services to clients.

About EY Strategy and Transactions

EY Strategy and Transactions teams work with clients to navigate complexity by

helping them to reimagine their ecosystems, reshape their portfolios and

reinvent themselves for a better future. With global connectivity and scale, EY

Strategy and Transactions teams help clients drive corporate, capital,

transaction and turnaround strategies through to execution, supporting

fast-track value creation in all types of market environments. EY Strategy and

Transactions teams help support the flow of capital across borders and help

bring new products and innovation to market. In doing so, EY Strategy and

Transactions teams help clients to build a better working world by fostering

long-term value. For more information, please visit

ey.com/strategyandtransactions.

About EY-Parthenon

EY-Parthenon teams work with clients to navigate complexity by helping them to

reimagine their ecosystems, reshape their portfolios and reinvent themselves

for a better future. With global connectivity and scale, EY-Parthenon teams

focus on Strategy Realized - helping CEOs design and deliver strategies to

better manage challenges while maximizing opportunities as they look to

transform their businesses. From idea to implementation, EY-Parthenon teams

help organizations to build a better working world by fostering long-term

value. EY-Parthenon is a brand under which a number of EY member firms across

the globe provide strategy consulting services. For more information, please

visit ey.com/parthenon.

Konstantinos Makrygiannis

EY Global Media Relations

+44(0)7768 930 056

kmakrygiannis@uk.ey.com

Source: EY