McKinsey & Co, the management consultancy, will announce today that Dominic Barton, its Shanghai-based Asia head, has been chosen by his peers to take over as managing director.
McKinsey’s 400 senior partners elected Mr Barton to serve a three-year term when Ian Davis retires in June. He will be able to stand for re-election for a second and final three-year term in 2012.
He defeated the long-time contender for the job, Michael Patsalos-Fox, in the final run-off and will be the 11th partner to lead the business since it was founded in 1926. Aged 46, he is a year younger than Marvin Bower, McKinsey’s most famous managing director, when he took up the role in 1950. Bower remained in the job 17 years.
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