McKinsey leader Kevin Sneader ousted after crises

McKinsey leader Kevin Sneader ousted after crises

Partners at the world's largest consultancy firm, McKinsey, have reportedly ousted their leader, Kevin Sneader, over his handling of a string of controversies during his tenture. The firm's 650 senior partners voted Sneader out before the final round of a leadership election that was seen as a referendum on his three years in the role, according to the Financial Times.The 54-year-old Scot would be one of the first McKinsey leaders in recent memory to serve only one term – all five of Sneader's predecessors as global managing partner have served a two terms or more.The influential firm is known for providing expensive advice to governments and multinational companies around the world. Known as the “CEO factory”, McKinsey's network for former employees includes some of the biggest names in business and politics.Notable alumni include Chelsea Clinton, Facebook's former chief operating officer Sheryl Sandberg, and the ex-chief executive of Credit Suisse Tidjane Thiam. In Britain, those who worked or the firm including the politician William Hague, former HSBC chair Lord Green, former city regulator Lord Turner.With 30,000 staff in 65 countries, McKinsey is a go-to consultant for the UK government, and has picked up lucrative contracts during the Covid crisis. Last year,