Bain Company News

Nicolas Quéru has been appointed to lead Navico’s Commercial Marine Division worldwide to take forward the marine electronics group’s continuing strategy for growth. Quéru has been made EVP Managing Director with immediate effect following his promotion from Vice President, Commercial Marine EMEA. He succeeds Jose Herrero. A French Native residing in Oslo, Norway, Quéru has extensive experience in international business management, including over eight years in management consulting at Oliver Wyman and Bain & Company leading assignments in strategic planning…

We wish we had a dollar for every time we heard or read the words Big Data at the Nor-Shipping exhibition last month. We might even have collected enough cash to buy a round of expensive Norwegian beers for the gang at the Fridtjof bar. Seriously, Big Data is one of the most talked-about subjects at maritime industry gatherings. At Nor-Shipping there were no fewer than half a dozen panels and conference sessions focusing on the role of Big Data and analytics in commercial shipping.

Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office. Of his 24-year career with Bain, Mr Vestring has spent over two decades in Asia advising leading companies on portfolio strategy, growth, mergers and acquisitions, merger integration, organisation and performance improvement. The companies he has advised include those in shipping, offshore & marine, industrial products, automotive, infrastructure, commodities, airlines and telecoms. Mr Vestring works closely with Asian and multinational companies to grow organically and inorganically across Asia. He is also part of Bain's Developing Market 100 initiative that partners high-growth companies in developing markets on the journey towards global leadership. and Bangkok.

Iridium Communications Inc. (NASDAQ: IRDM) announced that Peter M. Dawkins, founder and principal of ShiningStar Capital LLC, and Brigadier General, U.S. Army (Retired), joined its Board of Directors. The appointment brings Iridium’s Board to ten members. Prior to founding his current firm, Gen. Dawkins was vice chairman of Global Wealth Management for Citigroup, vice chairman of the Citigroup Private Bank, and executive vice president and vice chairman of Travelers Insurance during an eleven-year tenure with the firm. Previously, from 1991-1996, he served as chairman and CEO of Primerica Financial Services, and earlier served as head of the U.S. consulting practice of Bain & Company. During his military career, Gen.

Earl Kivett was elected to Crowley Maritime Corporation's board of directors at the company's annual meeting held March 27 in Oakland. In addition, each of the other members of the board was elected to another term by the company's shareholders. Kivett, 54, retired from Bain & Company, the international management consulting firm, at the end of 2001 after nearly 23 years of service. His past experiences include serving as a member of Bain and Company's worldwide Board of Directors from 1989 through 2001, and serving clients in a variety of industrial and consumer industries, both in North America and abroad. steel, aluminum, oil and gas, and shipping industries. The emphasis of work performed for these clients was identifying new growth opportunities in generally slow growth environments.

P&O Princess Cruises plc, today announced the appointment of Phil Kleweno as President of its North American division, Princess Cruises. Cruises Group. The division generated $1.8 billion of revenue in 2000. Kleweno joins Princess Cruises from Bain & Company, a global business consultancy, where he was a senior partner. Kleweno has worked with Princess Cruises over the last five years and has been closely involved in both the strategic and operational development of the division during that time. While at Bain, Kleweno also focused on customer-oriented businesses within a number of different sectors including travel and leisure, retail, and media and entertainment.