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05 February 2021
London-based recruitment firm Hamlyn Williams announced that
Kalpesh Baxi has joined the Hamlyn Williams leadership team as global CEO. Baxi brings with him over 20 years of recruitment experience, coming from SThree where he was a Senior Partner, working with customers and leading sales teams. Baxi will drive the companyâs growth plans which includes increasing growth in headcount globally, scaling the business, shaping its strategy, driving the growth of its contract business and increased the focus on the companyâs people strategy.
UK recruitment firm Sanderson announced the appointment of
Ross Crook as the new managing director of its outsourced recruitment division, Sanderson Solutions. Crook joins the company from Cielo Talent where he played a central role in driving domestic and international growth, success that he is keen to replicate at Sanderson through the expansion of its MSP and RPO offerings.
by Brian MannFeb, 04 2021 (Morning Edition)
OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. The global business consulting firm McKinsey & Company has agreed to a $573 million settlement over its role in the opioid crisis. Image: Toby Talbot/AP
McKinsey & Company has reached a $573 million settlement with nearly 50 state governments as well as the District of Columbia and territories, over its role helping to market and boost sales of high-risk opioids including OxyContin.
Most of the funds will be devoted to paying for treatment and rehabilitation programs in communities devastated by the addiction crisis. As part of the settlement, McKinsey admits to no wrongdoing.
McKinsey & Co. will pay $573 million to settle claims by U.S. states that the blue-chip consulting firm helped fuel the country’s opioid epidemic by providing sales analysis and marketing advice to makers of the highly addictive painkillers, including Purdue Pharma LP and Johnson & Johnson.
Most of the money will go to government programs fighting opioid addiction and providing treatment, North Carolina Attorney General Josh Stein said Thursday. The company helped “turbocharge” opioid sales for 15 years while consulting for Purdue and its billionaire owners, the Sackler family, Stein said.
New York-based McKinsey, which Forbes estimates had $10.5 billion in 2019 revenue and is one of the biggest U.S. business consultants, also agreed to publicly disclose internal documents detailing all its work for opioid companies, which could be used in litigation by state and local governments against the industry.