In the early 1970s, Bain was considered internally to be Henderson's eventual successor. Bain agreed and joined in 1967 at a starting salary of $17,000 per year. In 1967, Henderson met Bill Bain and offered him a role at the firm. In 1966, BCG opened its second office in Tokyo, Japan. Henderson hired his second consultant, Arthur P. Initially the division only advised clients of the bank, with billings for the first month at just US$500.
Little to establish the consulting arm operating as a subsidiary under the name Management and Consulting Division of the Boston Safe Deposit and Trust Company. Bruce Henderson had been recruited from Arthur D. The firm was founded in 1963 as part of The Boston Safe Deposit and Trust Company. Since 2021, the consultancy has been led by the German executive Christoph Schweizer. It is one of the Big Three (or MBB, the world's three largest management consulting firms by revenue) along with McKinsey & Company and Bain & Company.
( BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts.
