Bain & Company announced the appointment of Hernan Saenz as head of its Global Strategy & Transformation Practice.
The move further reinforces Bain’s commitment to setting the global standard for strategic thinking and business transformations supporting its clients’ full potential journeys.
François Faelli, global head of capabilities at Bain & Company, said: “Transformation has been part of our Bain DNA for more than 50 years. It’s at the core of what we do. Under Hernan’s leadership, our Strategy & Transformation practice will harness the full range of Bain’s capabilities, and its deep expertise across industries, to enable clients to reinvent their businesses with bold, industry-defining strategies and dynamic execution to create maximum value. Hernan brings to his new role vast experience, recognition across the firm as one of Bain’s most respected and inspiring leaders, and an outsized track record of building our business. Under his leadership, we are energized to see the results for the firm and our clients as he leads the practice in its next exciting chapter of growth and industry leadership.”
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Saenz, a senior partner and former member of Bain’s board of directors, brings to his new position more than 25 years’ experience at Bain. He previously served as the global head of Bain’s Performance Improvement practice, which more than tripled in scale under his leadership while helping clients around the world drive exceptional value through business model transformations. Prior to this, he served as the managing partner of Bain’s Dallas, Houston, and Mexico offices and oversaw a doubling in the size of Bain’s Southwest region during his tenure.
In his time heading Bain’s Performance Improvement work, Saenz specialized in accelerated performance transformation and operations reinventions. He serves as an advisor to the World Economic Forum, leading a global WEF initiative on building digital, traceable, and circular value chains. Saenz also serves on the faculty of Cornell University’s Johnson School of Business, where his courses focus on the evolution of strategy and operations in an era driven by turbulence, post-globalization, and technological change. He holds an MBA and an MILR from Cornell University, as well as a MS in economics from Stanford University and graduated from Harvard with a BA in economics magna cum laude.
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Saenz succeeds Dunigan O’Keeffe as leader of the firm’s Strategy & Transformation practice. As global practice leader, O’Keeffe delivered a sustained period of innovation in Bain’s work with clients on strategy. During his tenure, he also brought together the firm’s Strategy and Transformation teams as one practice and drove a continued focus on strategy through the major disruptions of recent years. He works extensively with the CEOs of leading global companies and regularly advises corporate leaders on the impact of cultivating a Founder’s Mentality on sustained growth, breakthrough strategies, and successful transformations.
Hernan Saenz said: “I want to thank Dunigan for leading the Strategy practice through a highly successful period of both growth and innovation. Looking ahead, we will build upon the deep capabilities developed under his leadership to help clients navigate what is a time of extraordinary change for every business. We will continue to champion Bain’s mission to partner our clients to drive unparalleled levels of economic value while setting new standards for our respective industries. This will require client partnerships defined by breakthrough strategic thinking, the relentless pursuit of full potential, and transformational results. I’m excited to work with our clients at this defining moment to drive towards industry leadership, and to bring Bain’s expertise to help them chart their course and turn their ambitions into reality.”