Ex-E&Y man to lead Arthur D. Little in the US
Revived management consultancy Arthur D. Little has appointed a former Ernst & Young consultant, Thomas Manning, to head up its operations in the US.
The consultancy, which is one of the UK’s oldest, having started operations back in 1886, is looking to revive business interests in the US under Manning.
Arthur D. Little collapsed in 2002 – the UK operations went into administration, run by Grant Thornton, while the US arm filed for Chapter 11 bankruptcy protection.
Since then, the consultancy’s non-US assets and brand name were bought by groups of executives backed by Paris-based technology and engineering consultancy, Altran, while the US assets were bought by the firm’s chief creditor, Cerbetus Capital Management, which dropped the Arthur D. Little name.